Tax rules change a bit every year, but most people do not need to know every technical detail. What matters is understanding how the changes affect your wallet, your tax return, and any credits you may be able to claim. For the 2025 tax year, the biggest items for most individuals are a small federal tax cut, normal inflation increases to tax brackets & credits, the B.C. renter’s tax credit, and the 2026 filing deadlines. What changed for 2025? The lowest federal tax rate was