When Does The 2025 Tax Year Start In Canada

When Does The 2025 Tax Year Start In Canada. 1, federal income tax bracket thresholds in canada will rise 2.7 per cent across all brackets, compared to a 2024 rise of 4.7 per cent and a 2023 rise of 6.3 per cent. The cra will open its netfile service on february 17, 2025, allowing canadians to.

Tax brackets are adjusted each year to account for inflation, and in 2025, they are increasing by 2.7%. Find key dates including filing.