2013 Tax System Indexation
On January 1, 2013, all indexed personal income tax amounts, including tax bracket thresholds and amounts used to calculate non-refundable tax credits, were adjusted by 2.0%. The Canada Child Tax Benefit and the goods and services tax credit will take effect July 1, 2013.
For 2013 the federal tax bracket thresholds are:
22% for taxable income above Read More