Canada Income Tax Brackets and Marginal Tax Rate for 2021
Revenue Canada(CRA) follows progressive tax rate system which means higher personal income is taxed at a higher rate and lower personal income is taxed at lower rate. We have compiled the various tax brackets and marginal tax rate applicable for each bracket. Tax threshold is the minimum tax for that tax bracket. You can estimate your income tax for 2021 by using your tax bracket for the province or you can also use our fast income tax calculator.
To find about federal and provincial tax credit amount, you can refer to Canadian Tax Credit Table.
| Federal | Alberta (AB) |
British Columbia (BC) |
Manitoba (MB) |
New Brunswick (NB) |
Newfoundland and Labrador (NL) |
Nova Scotia (NS) |
Ontario (ON) |
Prince Edward Island (PE) |
Saskatchewan (SK) |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 1st Tax Bracket | $0 to $48,535 | $0 to $128,145 | $0 to $39,676 | $0 to $31,843 | $0 to $41,675 | $0 to $36,926 | $0 to $29,590 | $0 to $42,960 | $0 to $31,984 | $0 to $45,225 |
| Rate | 15% | 10% | 5.06% | 10.8% | 9.68% | 8.7% | 8.79% | 5.05% | 9.8% | 10.5% |
| 2nd Tax Bracket | $48,535 to $97,069 |
$128,145 to $153,773 | $39,676 to $79,353 | $31,843 to $68,821 | $41,675 to $83,351 | $36,926 to $73,852 | $29,590 to $59,180 | $42,960 to $85,923 | $31,984 to $63,969 | $45,225 to $129,214 |
| Tax Threshold & Rate |
$6,991 20.5% |
$12,815 12% |
$2,008 7.7% |
$3,439 12.75% |
$4,034 14.82% |
$3,213 14.5% |
$2,601 14.95% |
$2,169 9.15% |
$3,134 13.8% |
$4,749 12.5% |
| 3rd Tax Bracket | $93,208 to $144,489 | $153,773 to $205,031 | $79,353 to $91,107 | over $68,821 | $83,351 to $135,510 | $73,852 to $131,850 | $59,180 to $93,000 | $85,923 to $150,000 | Over $63,969 | Over $129,214 |
| Tax Threshold & Rate |
$16,544 26% |
$15,890 13% |
$5,063 10.5% |
$8,154 17.4% |
$10,211 16.52% |
$8,567 15.8% |
$7,025 16.67% |
$6,101 11.16% |
$7,548 16.7% |
$15,247 14.5% |
| 4th Tax Bracket | $144,489 to $205,842 | $205,031 to $307,547 | $91,107 to $110,630 | $135,510 to $154,382 | $$131,850 to 184,590 | $93,000 to $150,000 | $150,000 to $220,000 | |||
| Tax Threshold & Rate |
$29,877 29% |
$22,553 14% |
$6,297 12.29% |
$18,827 17.84% |
$17,731 17.3% |
$12,662 17.5% |
$13,252 12.16% |
|||
| 5th Tax Bracket | over $205,842 | over $307,547 | $110,630 to $150,000 | over $154,382 | over $184,590 | over $150,000 | over $220,000 | |||
| Tax Threshold & Rate | $47,670 33% |
$36,906 15% |
$8,696 14.7% |
$22,194 20.3% |
$26,855 18.3% |
$22,637 21% |
$21,764 13.16% |
|||
| 6th Tax Bracket | $Over $150,000 | |||||||||
| Tax Threshold & Rate | $14,483 16.8% |