Canadian Tax Brackets: What You Need to Know for 2024

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Have you wondered how much income tax you pay and why. What tax bracket are you in?

This short video will explain your tax bracket and how it works.

Tax season can be daunting and intimidating for so many of us. In fact, 1 in 3 Canadians dread tax season, while one in four say that they are clueless on how to go about filing each year.

The key to understanding tax in Canada is to be prepared and educate yourself on the process. Taxes in Canada have to be filed every year to prevent accruing interest charges or late payment penalties.

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