Tax Levels 2024. The tax slab rates in the new regime have been revised. The seven federal income tax brackets for 2024 and 2025 are 10%, 12%, 22%, 24%, 32%, 35% and 37%.
This guide is also available in welsh. The ontario tax brackets and personal tax credit amounts are increased for 2025 by an indexation factor of 1.028 (2.8% increase), except.