The Canadian tax system is dynamic, which means the more money you earn, the more taxes you pay. The amount of your income that you pay in taxes is expressed as a percentage and goes up in steps, or "brackets." You can do online filing using a CRA-certified software or web application. Before you file taxes online , make sure your information, including your address, is up-to-date. Tax rates · Federal Tax Federal tax is calculated by applying a progressive tax rate schedule to taxable income. The rate of tax and pay thresholds in Canada are the same for residents, part-year residents, and non- residents. The thresholds are indexed by the Federal government for inflation prior to the start of each calendar year. You can use the services of one of the many income tax calculator Ontario too that can help you to decide if you can have any sort of tax exemption or what would be the total taxable amount. · ...