Canada Revenue Agency: Big Changes Coming to Your 2021 Income Tax Bracket

By External Author |

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Last year was very different for everyone. The pandemic affected different businesses differently. Many people lost their jobs or took pay cuts, while some got significant hikes in salary. While this was a one-off year, it didn’t stop the Canada Revenue Agency (CRA) from introducing the new income and inflation-adjusted income tax bracket for 2021. See how this change will impact your salary and tax bill.

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Original Article Source Credits:  The Motley Fool  , https://www.fool.ca/

Article Written By:  Puja Tayal 

Original Article Posted on:   February 15, 2021

Link to Original Article:  https://www.fool.ca/2021/02/15/canada-revenue-agency-big-changes-coming-to-your-2021-income-tax-bracket/

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