Personal Income Tax -> Tax Rates -> 2014 and 2015 Marginal Tax Rates -> Canada Federal Personal Marginal Income Tax Brackets and Tax Rates for 2014 and 2015
Canada - Federal 2014 and 2015 Tax Brackets and Marginal Tax Rates
The Federal tax brackets and personal amount were increased for 2015 by an indexation factor of 1.017. The indexation factor, bracket thresholds and personal amount for 2015 have been confirmed to Canada Revenue Agency amounts.
Please read the article Understanding the Tables of Personal Income Tax Rates.
Federal Personal Income Tax Brackets and Tax Rates |
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| 2015 Taxable Income | 2015 Marginal Tax Rates | 2014 Taxable Income | 2014 Marginal Tax Rates | ||||||
| Other Income |
Capital Gains |
Canadian Dividends | Other Income |
Capital Gains |
Canadian Dividends | ||||
| Eligible | Non-Eligible | Eligible | Non-Eligible | ||||||
| first $44,701 | 15% | 7.5% | -0.03% | 4.70% | first $43,953 | 15% | 7.5% | -0.03% | 4.70% |
| over $44,701 up to $89,401 | 22% | 11.0% | 9.63% | 12.96% | over $43,953 up to $87,907 | 22% | 11.0% | 9.63% | 12.96% |
| over $89,401 up to $138,586 | 26% | 13.0% | 15.15% | 17.68% | over $87,907 up to $136,270 | 26% | 13.0% | 15.15% | 17.68% |
| over $138,586 | 29% | 14.5% | 19.29% | 21.22% | over $136,270 | 29% | 14.5% | 19.29% | 21.22% |
| 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). Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 18%. For more information see dividend tax credits. |
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Federal Basic Personal Amount |
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| 2015 | Tax Rate | 2014 | Tax Rate | ||||||
| $11,327 | 15% | $11,138 | 15% | ||||||
Revised: October 26, 2023