We just received notice of the new tax rates proposed for Albertans for 2016.  These aren’t law yet but wanted to give you some notice of what’s ahead.

This is no doubt good news for some of you and bad news for others.

Tax Brackets
Combined Personal Tax Rates

From:
To:
2014
2015
2016

$1
$44,701
25.00%
25.00%
25.00%

44,702
89,401
32.00%
32.00%
30.50%

89,402
125,000
36.00%
36.00%
36.00%

125,001
138,586
36.00%
36.50%
38.00%

138,587
150,00
39.00%
39.50%
41.00%

150,001
200,000
39.00%
39.75%
42.00%

200,001
300,00
39.00%
40.00%
47.00%

300,001
+
39.00%
40.25%
 48.00%