2024 Tax Rates Ato Canada. The federal tax brackets and personal tax credit amounts are increased for 2024 by an indexation factor of 1.047 (a 4.7% increase). Select from the resources below for personal and corporate tax rates for each province.

The indexation increase for 2024 is 4.7 per cent, according to the canada revenue agency (cra). The following table shows the general and small business corporate income tax rates federally and for each province and territory for 2024.