Tax Rates
The Canadian federal and GST/HST rates, with the tax year each applies to, taken from the CRA’s published figures.
Tax year 2026
Federal personal income tax
| Band | Rate | Notes | Source |
|---|---|---|---|
| $0 – $58,523 | 14% | Lowest rate cut from 15% to 14% on 1 July 2025 (14.5% for all of 2025) | Source |
| $58,523 – $117,045 | 20.5% | — | |
| $117,045 – $181,440 | 26% | — | |
| $181,440 – $258,482 | 29% | — | |
| Over $258,482 | 33% | — |
Federal only; provincial tax is extra.
| Band | Rate | Notes | Source |
|---|---|---|---|
| Net income up to $181,440 | $16,452 | Credit at the 14% lowest rate | Source |
| Net income $258,482 or more | $14,829 | Reduced gradually between the two income levels |
Amounts, not rates. Source is CRA's payroll deductions formulas (T4127, January 2026).
Federal corporate income tax
| Band | Rate | Notes | Source |
|---|---|---|---|
| Small business income of CCPCs (up to the business limit) | 9% | Rate after the small business deduction | Source |
| Other income (general rate, after the general rate reduction) | 15% | — |
Federal only; provincial corporate tax is extra.
GST/HST
| Band | Rate | Notes | Source |
|---|---|---|---|
| Alberta | 5% GST | — | Source |
| British Columbia | 5% GST | Plus provincial sales tax | |
| Manitoba | 5% GST | Plus provincial sales tax | |
| New Brunswick | 15% HST | — | |
| Newfoundland and Labrador | 15% HST | — | |
| Northwest Territories | 5% GST | — | |
| Nova Scotia | 14% HST | Down from 15% on 1 April 2025 | |
| Nunavut | 5% GST | — | |
| Ontario | 13% HST | — | |
| Prince Edward Island | 15% HST | — | |
| Quebec | 5% GST | Plus Quebec sales tax (QST) | |
| Saskatchewan | 5% GST | Plus provincial sales tax | |
| Yukon | 5% GST | — |
Checked on: · Owner: UM Tax and Accounting Inc.
Rates are taken from the CRA’s published figures.