LATEST TAX TIP ARTICLES

Tax rate is the percentage of the employee's taxable income that the employer will have withheld on account of the employee's income tax obligations. There is no employer rate or share for income tax deductions.

To reflect the 1% cut in the lowest tax rate coming into effect halfway through the year, the full-year tax rate for 2025 will be 14.5%. This means that for payroll withholding from the first pay in July to the end of the year a tax rate of 14% will apply. Check out the tax rates of Ontario, Alberta, British Columbia, and the federal government on the same page.