Income Tax Rates

Income tax rates for 2013

The income tax rates for the 2013 taxation year, determined on the basis of your taxable income, are as follows:

Taxable income Rate
$41,095 or less 16%
More than $41,095 but not more than $82,190 20%
More than $82,190 but not more than $100,000 24%
More than $100,000 25.75%

Income tax rates for 2014

The income tax rates for the 2014 taxation year, determined on the basis of your taxable income, are as follows:

Taxable income Rate
$41,495 or less 16%
More than $41,495 but not more than $82,985 20%
More than $82,985 but not more than $100,970 24%
More than $100,970 25.75%
Last Updated: