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Canada   ->   Tax Rates   ->   2012 and 2011 Tax Rates -> Canada Federal Personal Income Tax Rates

Canada - Federal 2012 and 2011 Personal Marginal Income Tax Rates

Please read the article Understanding the Tables of Personal Income Tax Rates.

The Federal tax brackets and personal amount were increased for 2012 by an indexation factor of 1.028.

 

Federal Personal Income Tax Brackets and Rates
2012 Taxable Income   2012 Marginal Tax Rates 2011 Taxable Income   2011 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible
Dividends
Non-Eligible
Dividends
Eligible
Dividends
Non-Eligible
Dividends
first $42,707 15.00% 7.50% -0.03% 2.08% first $41,544 15.00% 7.50% -2.02% 2.08%
over $42,707 up to $85,414 22.00% 11.00% 9.63% 10.83% over $41,544 up to $83,088 22.00% 11.00% 7.85% 10.83%
over $85,414 up to $132,406 26.00% 13.00% 15.15% 15.83% over $83,088 up to $128,800 26.00% 13.00% 13.49% 15.83%
over $132,406 29.00% 14.50% 19.29% 19.58% over $128,800 29.00% 14.50% 17.72% 19.58%

Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).

Federal Basic Personal Amount
2012 Tax Rate 2011 Tax Rate
$10,822 15.00% $10,527 15.00%

Revised: October 26, 2023

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