Personal Tax Rate Changes 2017

Personal Tax Rate Changes 2017

There are no income tax increases in the budget (includes personal, corporate and capital gains inclusion rate). Both the federal and Alberta marginal tax rates remain the same as the previous year. The only tax rate changes are the increased tax brackets. These new tax brackets will not affect most Canadians, but will mean more money for tax filers that fit into the changed range.

Comparison between 2016 and 2017 Taxes

2017 Personal Tax Brackets

Marginal Tax Rates Tax Brackets
Federal 15.00% Up to $45,916
20.50 45,917–91,831

4 Reasons Why Business Planning is Necessary for Business Growth

When it comes to proper business planning, the quote of Lewis Carroll in Alice’s Adventures in Wonderland comes to mind, in which Alice comes to a junction on a road and asks a cat: “Would you tell me, please, which way I ought to go from here?.” The cat replied: “That depends a good deal on where you want to get to.” Replying to the answer, Alice said: “I don’t much care where.” The cat understands Alice’s approach and replied gently: “Then it doesn’t matter which way you go.”


About Us

Diya Professional Corporation originated through the needs of people that are looking for services available only to large enterprises. Diya not only provides financial services but also tries to educate and enlighten its clients. Diya provides clients with the guidance and tools that they need regarding thier financial situation so that they can make informed decisions about thier future. We specialize in financial services for small and medium sized businesses.