Tax Credits 2025 Canada. Federal tax brackets the canada revenue agency (cra) annually indexes income tax and benefit amounts to inflation using the consumer price index (cpi). These tax credits can support your.

The 33.0% tax rate begins at taxable income of over $253,414, up from $246,752 in. The cra administers a variety of federal tax credits that are designed to lower your taxable income or the amount of tax that you owe.