2024 2024 Tax Formula. Pt, with breakdowns from your riding and races across the province. These changes have now been confirmed in today's budget.
You can use our federal tax brackets calculator to determine how much tax you will pay for the current tax year, or to determine how much tax you have paid in previous tax years. The seven federal income tax brackets for 2024 and 2025 are 10%, 12%, 22%, 24%, 32%, 35% and 37%.