Tax Schedule 2025 In . 2025 Standar Deduction Sara Wilone Tax brackets are adjusted each year to account for inflation, and in 2025, they are increasing by 2.7% April 30, 2025 - Deadline for most individuals to file their income tax and benefit return and pay any taxes owed
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Federal tax brackets The Canada Revenue Agency (CRA) annually indexes income tax and benefit amounts to inflation using the Consumer Price Index (CPI) By filing and paying on time, you will avoid late-filing penalties and interest.
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