CA · Americas · CAD
Canada
Tax rates
Income Tax
53.5%
Top rate, progressive scale
Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01Corporate Tax
26%
Statutory rate
Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01VAT
5%
Standard rate
Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12Capital Gains Tax
27.4%
Source: PWC Worldwide Tax Summaries — Canada (Individual, Taxes on personal income) · as of 2026-06-12Crypto Tax
27.4%
Source: Canada Revenue Agency — Guide for cryptocurrency users and tax professionals · as of 2023-12-13Wealth Tax
0%
Not levied
Estimate your income tax
Enter a gross annual salary to estimate 2025 national income tax for Canada using verified brackets — total tax, effective and marginal rate, net income, and the per-band breakdown. National income tax only; social contributions and sub-national taxes are excluded unless the notes say otherwise. The full calculator covers every country with verified rates.
The calculator needs JavaScript — every figure stays readable without it. The full bracket schedule is under Brackets & notes below, and the calculator page lists every country's schedule.
Brackets, notes & in practice
Income Tax
| Threshold | Rate |
|---|---|
| CAD 0 | 14.5% |
| CAD 57,375 | 20.5% |
| CAD 114,750 | 26% |
| CAD 177,882 | 29% |
| CAD 253,414 | 33% |
Federal brackets only, 2025; provincial/territorial income tax excluded, though it applies in addition in every province and territory — combined top federal+provincial rates range from roughly 44.5% (Nunavut) to 54.8% (Newfoundland and Labrador). The 14.5% first-bracket rate is CRA's own full-year blended figure for 2025, reflecting a mid-year legislated cut from 15% to 14% effective 1 July 2025 (14% applies for the full 2026 year onward). The Basic Personal Amount is a non-refundable credit, not a zero-rate bracket, so it is not modelled as one here. Stored headline rate (53.5296%) reflects a specific federal+provincial combination, not this federal-only schedule.
VAT
Federal GST rate only — not a province's combined HST rate. The GST is a federal sales tax on most property and services supplied in Canada.
In practice
- Filing
The GST registration threshold is CAD 30,000 of annual sales to Canadian consumers.
Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12- Exemptions
Zero-rated supplies include basic groceries, prescription drugs, qualifying medical devices, feminine hygiene products, certain agriculture and fishing supplies, and most exports; exempt supplies include used residential real property, most supplies by registered charities, and most health care, educational, and financial services.
Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12
Capital Gains Tax
Canada's combined federal and provincial top effective rate on capital gains reaches 27.4% in the highest-taxing province, Newfoundland and Labrador, against a 54.8% top rate on ordinary income there; other provinces show lower top rates on both.
In practice
- Exemptions
Only half of a capital gain is included in a Canadian individual's taxable income, taxed at ordinary rates the same as other income. A gain on the sale of an individual's principal residence is exempt from tax in most cases, provided the owner was resident in Canada and occupied the home for all but at most one year of ownership, with only one residence per family unit qualifying for a given year.
Source: PWC Worldwide Tax Summaries — Canada (Individual, Income determination) · as of 2026-06-12
Crypto Tax
Canada's tax authority confirms that when an individual disposes of a crypto-asset other than in the course of a business, the resulting gain is a capital gain: only half of the gain (the taxable capital gain) is included in income and taxed at the individual's marginal rate, the same mechanism applied to capital gains on any other property.
Wealth Tax
There are no net wealth/worth taxes in Canada.