In this article we’re diving into the Canadian tax changes for the year 2025.
Each year, most income tax and benefit amounts are indexed to inflation. The CRA announced that the inflation rate that will be used to index the 2025 tax brackets and amounts will be 2.7 per cent.
Federal Tax Rates for 2025 – Individuals:
The new 2025 federal brackets are:
Ontario Tax Rates for 2025 – Individuals:
The new 2025 Ontario brackets are:
Canada Pension Plan (CPP) Rates 2025:
Employment Insurance Rates 2025
Basic Personal Amount BPA 2025
RRSP (Registered Retirement Savings Plan) Limit 2025
TFSA (Tax-Free Savings Account) Limit 2025
FHSA (First Home Savings Account) Limit 2025
WSIB (Workplace Safety Insurance Board) Changes 2025
https://www.wsib.ca/en/2025premiumrates
At FinTech College, we help our students to stay informed with the current rates of taxation and payroll.
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