Canada Tax Tables

Income Tax in Canada is calculated separately for Federal tax commitments and Province Tax commitments depending on where the individual tax return is filed (due to work / location). The Canada Tax return is completed as one single calculation (except Quebec) with the total tax calculations, tax credits and exemptions centralised to simply tax calculations and tax returns. The Tax Year in Canada runs from January to December with individual tax returns due no later than the following April 30^th.

2022 Tax Year Filing Deadlines

The 2022 tax year runs from 1^st January 2022 through to the 31^st December 2022 with tax returns due for specific individuals / groups on the following dates:

• 30^th April 2023 Individual Tax Returns
• 30^th April 2023 Goods and Services Tax/Harmonized Sales Tax owing for the period
• 15^th June 2023 Self-employed individuals and their spouses
• 30^th June 2023 Non-Residents electing to file under section 217

2023 Tax Year Filing Deadlines

The 2023 tax year runs from 1^st January 2023 through to the 31^st December 2023 with tax returns due for specific individuals / groups on the following dates:

• 30^th April 2024 Individual Tax Returns
• 30^th April 2024 Goods and Services Tax/Harmonized Sales Tax owing for the period
• 15^th June 2024 Self-employed individuals and their spouses
• 30^th June 2024 Non-Residents electing to file under section 217

How is Income Tax Calculated in Canada?

The taxation system in Canada is similar to the United States whereby each Province sets its own tax tables, credits and tax exemptions. These typically change for each tax year though not in all Provinces. Federal Tax rates and Tax tables also change annually. As an individual generates more income, they pay higher rates of taxation as they exceed defined tax thresholds in the income tax tables. You can calculate your income tax for Canada using the Canada Tax Calculator. The Canada Tax Calculator uses the following Tax Tables for each defined tax year.

• 2023 Tax Tables
• 2022 Tax Tables
• 2021 Tax Tables
• 2020 Tax Tables
• 2019 Tax Tables
• 2018 Tax Tables
• 2017 Tax Tables
• 2016 Tax Tables
• 2015 Tax Tables
• 2014 Tax Tables