This one page document shows limits and information on many Canadian tax topics including:TFSA, RRSP, Spousal RRSP, personal tax deadlines, pension amounts, US threshold information, RESP details, Registered Disability information, Canada Pension Plan, Old Age Security, Guaranteed Income Supplement, Capital Gains exception details, federal tax credits, federal tax brackets, donation information, government contact numbers and more!

Once you have identified what your income is, you need to know what percentage you'll pay as income tax. People with a lower income pay a lower tax rate than people with a higher income. This is known as a graduated income tax system.

Federal income tax
Your income falls into one of four income tax brackets (or segments). The tax bracket is based on your taxable income—that is, your total income minus allowable deductions and exemptions, as discussed in the section titled Reducing your taxes.

Each province and territory also charges income tax in addition to the federal income tax. Their rates and tax brackets vary. The chart below shows their tax rates.

Demystify taxes and boost confidence in youth so they can do taxes on their own with these gamified courses, built by the CRA for grades 6-12 (French and English). This free course is approx. 10 hrs of work, can be done at the student's own pace, and will be available year-round. Students will also receive a certificate of completion.

Students will be able to access five courses designed to help them understand the Canadian tax system and give them the tools they need to confidently do their taxes on their own.

Learn About Your Taxes course titles:
1. Starting to Work
2. Preparing to Do Your Taxes
3. Completing a Basic Tax Return*
4. After Sending the CRA Your Tax Return
5. Purpose of Taxes

Gamified tax literacy courses are now freely available for Canadian students and teachers on the ChatterHigh platform.  Demystify taxes and boost confidence in youth so they can do taxes on their own with these 7 gamified online courses by the Canadian Revenue Agency. Course titles include: Starting to Work, Preparing to Do Your Taxes, Completing a Basic Tax Return, After Sending the CRA Your Tax Return and Purpose of Taxes. Students will earn a certificate of achievement for completing the Completing a Basic Tax Return course. By seeing examples of tax slips and tax returns, as well as walking through the steps of completing a basic tax return, students will tain the tools they need to confidently do their taxes on their own.

Investigate personal income tax.

Teacher Guide included.

5-10 hours

Investigate taxes paid by individuals in Saskatchewan.

Teacher Guide included.

5-8 hours