Income Tax Rates

Income tax rates for 2018

The income tax rates for the 2018 taxation year, determined on the basis of your taxable income, are as follows:

Taxable incomeRate
$43,055 or less15%
More than $43,055, but not more than $86,10520%
More than $86,105, but not more than $104,76524%
More than $104,76525.75%

Income tax rates for 2019

The income tax rates for the 2019 taxation year, determined on the basis of your taxable income, are as follows:

Taxable income Rate
$43,790 or less 15%
More than $43,790, but not more than $87,575 20%
More than $87,575, but not more than $106,555 24%
More than $106,555 25.75%

Fair. For all.

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