Tax Rates

Corporate Tax Rates - Combined Federal & Alberta

2024 – TAX BRACKETS AND RATES

General Small Business (CCPC) Business Limit Other
Federal15%9%$500,00038.7%
Alberta8%2%$500,0008%
BC12%2%$500,00012%
Manitoba12%zero%$500,00012%
New Brunswick14%2.5%$500,00014%
Newfoundland & Labrador (1)(5)15%2.5%$500,00015%
Nova Scotia (2)14%2.5%$500,00014%
Northwest Territories (1)11.5%2%$500,00011.5%
Nunavut (1)12%3%$500,00012%
Ontario11.5%3.2%$500,00011.5%
Prince Edward Island (1)16%1%$500,00016%
Quebec (3)11.5%3.2%$500,00011.5%
Saskatchewan (4)12%1%$600,00012%
Yukon12%zero%$500,00012%

2025 – TAX BRACKETS AND RATES

Active Business Income Investment Income CCPC
General Small Business (CCPC) Business Limit
Federal 15% 9% $500,000 38.7%
Alberta 8% 2% $500,000 8%
BC 12% 2% $500,000 12%
Manitoba 12% zero% $500,000 12%
New Brunswick 14% 2.5% $500,000 14%
Newfoundland & Labrador (1) 15% 2.5% $500,000 15%
Nova Scotia (2) 14% 2.5% / 1.5% $500,000 14%
Northwest Territories (1) 11.5% 2% $500,000 11.5%
Nunavut (1) 12% 3% $500,000 12%
Ontario 11.5% 3.2% $500,000 11.5%
Prince Edward Island (1)(5) 16% / 15% 1% $500,000 / $600,000 16%
Quebec (3) 11.5% 3.2% $500,000 11.5%
Saskatchewan (4) 12% 1% $600,000 12%
Yukon 12% zero% $500,000 12%

2026 – TAX BRACKETS AND RATES

General Small Business (CCPC) Business Limit Other
Federal15%9%$500,00038.7%
Alberta8%2%$500,0008%
BC12%2%$500,00012%
Manitoba12%zero%$500,00012%
New Brunswick14%2.5%$500,00014%
Newfoundland & Labrador (1)(5)15%2.5%$500,00015%
Nova Scotia (2)14%2.5%$500,00014%
Northwest Territories (1)11.5%2%$500,00011.5%
Nunavut (1)12%3%$500,00012%
Ontario11.5%3.2%$500,00011.5%
Prince Edward Island (1)16%1%$500,00016%
Quebec (3)11.5%3.2%$500,00011.5%
Saskatchewan (4)12%1%$600,00012%
Yukon12%zero%$500,00012%

Our Process

1

We’ll conduct a thorough review of your taxes, financial position, and accounting system.

2

We’ll develop a detailed tax-saving plan for both the current year and future, helping you retain more of your earnings.

3

We perform full annual bookkeeping and reconciliations to bring your records up to date and ensure accuracy.

4

We will guide you through the selection process of most suitable payroll system and either manage it for you or train your staff to run it smoothly.

5

We’ll finalize your books and produce high-level reports at the end of your fiscal year.

6

Tax season will be effortless since we’ve already managed your bookkeeping, tax payments, and planning.

Finally, we’ll prepare and file your taxes for you.