Income Tax Day 2025 Canada. The canada revenue agency (cra) said that the inflation rate used to index the 2025 tax brackets and amounts will be 2.7 per cent. See date above for income tax owing due date.

Instalment due dates and balance due. For the 2025 tax year, the basic personal amount — on which you do not pay federal income tax — ranges from $14,538 to $16,129, depending on your overall income.