The amount of tax due depends on your income. The more you earn, the higher your calculated income tax will be. This is called a progressive (or graduated) tax system.
Income tax brackets are ranges of income on which a set rate of tax is applied.
Canada Taxes 2024: Federal Tax Brackets, Rates and Credits
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This has nothing to do with my question. The software is giving an incorrect amount of income tax deducted. It does not agree with the actual amounts that I have entered from T4 slips. I was told the software did have an error in it. Has it been corrected??
Wiggam2016
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p83nwbm
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