Canada Living

2008 Personal Income Tax Rates Canada

2008 Personal Income Tax Rates have changed effective January 01, 2008, as follows:

Canadian Federal Tax Rates for 2008:

  • 15% on the first $37,885 of taxable income, +
  • 22% on the next $37,884 of taxable income (on the portion of taxable income between $37,885 and $75,769), +
  • 26% on the next $47,415 of taxable income (on the portion of taxable income between $75,769 and $123,184), +
  • 29% of taxable income over $123,184.

    Tax Deadline 2008

  • The above information is only for Federal Tax Rates. Please visit the following links regarding Canadian income tax rates as well as other tax issues.

    2008 Income Tax Rates 2008 Income Tax Calculator
    2008 RRSP Saving Calculator 2008 RRSP Contributions
    2008 CPP Rates and EI Premiums 2007 Income Tax Calculator
    2007 Income Tax Rates 2007 RRSP Saving Calculator
    2007 RRSP Contributions 2007 Tax Strategies

    The above tax information links have been provided by Tax Services Canada that is a Canadian Tax Search Engine that let you search for tax information regarding Canada's individual, business and corporate tax. Tax Services Canada also provides Tax Tools that allow you to calculate your income tax as well as helping you get the latest updated Canadian tax information.

    Canada Tax Information

    Canada Business Tax