Canada.ca
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Tax rates and income brackets for individuals - Canada.ca
Information on income tax rates in Canada including federal rates and those rates specific to provinces and territories.
Spring Financial
springfinancial.ca › home › what are the ontario income tax brackets in 2026?
What are the Ontario Income Tax Brackets in 2026? - Spring Financial
2 days ago - Not just federally either, but provincially as well. Your entire income would be charged a combined tax rate of 20.05%, making your tax bill around $4,500 and your net income around $25,500.
When do Ontario tax brackets change?
Any changes to tax rates or income brackets must be announced in a budget. Both federal and provincial/territorial governments can make changes to their level of taxation, tax deductions or credits, programs and exemptions, but they are always done in a budget announcement. They aren’t enacted until the budget bill receives Royal Assent.
wealthsimple.com
wealthsimple.com › en-ca › learn › ontario-tax-brackets
Ontario Tax Brackets for 2025
Are Ontario tax brackets progressive?
Yes, the rate of tax increases as the amount of income increases.
wealthsimple.com
wealthsimple.com › en-ca › learn › ontario-tax-brackets
Ontario Tax Brackets for 2025
What If My Income Falls Into Multiple Tax Brackets?
If your income falls in a higher tax bracket, you will be taxed on the lowest tax bracket rate to the maximum for that bracket, on the second tax bracket to the maximum amount for that bracket, and so on progressively until all your income is taxed at each rate for each bracket that it spills into. Remember that there are different rates for federal and provincial/territorial taxes.
wealthsimple.com
wealthsimple.com › en-ca › learn › ontario-tax-brackets
Ontario Tax Brackets for 2025
TurboTax Canada
turbotax.intuit.ca › tax-resources › ontario-income-tax-calculator
2025-26 Ontario Income Tax Calculator
... The tax rates in Ontario range from 5.05% to 13.16% of income and the combined federal and provincial tax rate is between 20.05% and 53.53%. Ontario’s marginal tax rate increases as your income increases so you pay higher taxes on the level of income that falls into a higher tax bracket.
TaxTips.ca
taxtips.ca › taxrates › on.htm
TaxTips.ca - Ontario 2025 & 2026 Tax Rates & Tax Brackets
The Ontario tax brackets and personal tax credit amounts are increased for 2026 by an indexation factor of 1.019 (1.9% increase), except for the $150,000 and $220,000 bracket amounts, which are not indexed for inflation.
Legal Line
legalline.ca › home › tax rates: how much do you have to pay?
Tax rates: How much do you have to pay? - FREE Legal Information | Legal Line
April 29, 2015 - Depending on the amount of income you earn, you will fall within one of five federal tax brackets, and one of the five Ontario tax brackets. Each tax bracket is taxed at a different rate. The system is based on what is called graduated tax rates. This means that if your income increases so that you enter a new tax bracket, only the amount of your income that falls in the higher tax bracket gets taxed at the higher rate.
RCGT
rcgt.com › en › tax-planning-guide › tables › 2-ontario-2 › tax-brackets-2
Table I4 – Tax Brackets - Ontario 2024 | Raymond Chabot Grant Thornton
1 month ago - 20% surtax on tax over $5,710 and additional surtax of 36% on tax over $7,307. Indexation rate of 2.8% in 2025. 1 $177,882 basic exemption in 2025, indexed annually. 2 The $150,000 and $220,000 brackets are not indexed annually.
EY
ey.com › content › dam › ey-unified-site › ey-com › en-ca › services › tax › tax-calculators › 2025 › ey-tax-rates-ontario-2025-01-15-v1.pdf pdf
Eligible Other Lower Upper Basic Rate on dividend dividend Capital limit limit
5. Individuals resident in Ontario on December 31, 2025 with a combined taxable and split income in excess of $20,000 must pay the Ontario Health
Ontario Data Catalogue
data.ontario.ca › dataset › personal-income-tax-rates-and-credits
Personal income tax rates and credits - Dataset - Ontario Data Catalogue
The tax is calculated separately from federal income tax. There are 5 Ontario income tax brackets and 5 corresponding tax rates.
Wealthsimple
wealthsimple.com › en-ca › learn › ontario-tax-brackets
Ontario Tax Brackets for 2025
You’re only going to fall into the bottom tax bracket both federally and provincially, so you’re going to pay 15% tax to the federal government and 5.05% provincially. ... Total income tax on taxable income: $6,750 + $2,272.50 = $9,022.50 ...
EY
ey.com › en_ca › services › tax › tax-calculators
EY Tax Calculators & Rates | EY - Canada
EY’s tax calculators and rate tables help simplify the tax process for you by making it easy to figure out how much tax you pay. Read more Read less · Calculate your combined federal and provincial tax bill in each province and territory.
AI Tax Consultants
aitax.ca › home › how ontario’s combined tax brackets affect your income
How Ontario's Combined Tax Brackets Affect Your Income
October 8, 2025 - This dual structure means that every dollar of taxable income falls into both a federal bracket and an Ontario bracket. When you combine these two rates, you get a marginal tax rate, which is the total percentage of tax you pay on the next dollar ...
Sslgroup
sslgroup.ca › home › business › 2026 combined federal and ontario personal and corporate income tax rates (includes 2025 rates)
2026 Combined Federal and Ontario Personal and Corporate Income Tax Rates (includes 2025 rates) - Smith, Sykes, Leeper & Tunstall LLP
December 4, 2025 - (I) These rates do not include the Ontario Health Premium. (II) These rates apply to the actual amount of taxable dividends received from taxable Canadian corporations. Eligible dividends are those paid by public corporations and private companies out of earnings that have been taxed at the general corporate tax rate.
Wealthsimple
wealthsimple.com › tax calculator › ontario tax calculator
2025 income tax calculator for Ontario | Wealthsimple
Estimate your provincial taxes with our free Ontario income tax calculator. See your tax bracket, marginal and average tax rates, payroll tax deductions, tax refunds, and taxes owed.
RCGT
rcgt.com › en › tax-planning-guide › tables › 2-ontario-2 › tax-table-2
Tax Table – Ontario 2025 | Raymond Chabot Grant Thornton
1 month ago - Basic personal credit of $644. Indexation rate of 2.8%. See all tables · See Tax Table – Ontario 2025 · See Table I2 – Main Non-Refundable Tax Credits - ON 2025 · See Table I3 – Marginal Rates - ON 2025 · See Table I4 – Tax Brackets - Ontario 2024 ·
Fidelity
fidelity.ca › en › insights › articles › 2025-canadian-income-tax-brackets
2025 Canadian income tax brackets
For simplicity, we’ll assume ... applied equally to everyone earning under $177,882: 1 Assumes $65,000, less $57,375, the upper level of the first federal tax bracket....
PwC Tax Summaries
taxsummaries.pwc.com › canada › individual › taxes-on-personal-income
Canada - Individual - Taxes on personal income
In addition to the normal tax computation, individuals are required to compute an adjusted taxable income and include certain 'tax preference' items that are otherwise deductible or exempt in the calculation of regular taxable income. If the adjusted taxable income exceeds the minimum tax exemption, a combined federal and provincial/territorial tax rate is applied to the excess, yielding the AMT.
Fidelity
fidelity.ca › en › insights › articles › 2024-canadian-income-tax-brackets
2024 Canadian income tax brackets
For simplicity, we’ll assume ... applied equally to everyone earning under $173,205: 1 Assumes $65,000, less $55,867, the upper level of the first federal tax bracket....
TaxTips.ca
taxtips.ca › marginal-tax-rates-in-canada.htm
TaxTips.ca - 2025 & 2026 Personal Income Tax Rates in Canada
Choose your province or territory below to see the combined Federal & Provincial/Territorial marginal tax rates for each tax bracket. Each year we calculate the indexed tax brackets and personal tax credits amounts once the Statistics Canada Consumer Price Index report for September is published. These amounts are eventually verified to Canada Revenue Agency's Indexation adjustment for personal income ...
TurboTax Canada
turbotax.intuit.ca › tax-resources › canada-income-tax-calculator
2025-26 Canada Income Tax Calculator
Estimate your 2025-26 Canada taxes with our federal Income Tax Calculator. Instantly see your refund, after-tax income, and latest provincial tax brackets.
RBC Wealth Management
ca.rbcwealthmanagement.com › web › quennevillefyall › personal-tax-rates
Personal Tax Rates for Ontario
Combined provincial and federal personal tax rates for Ontario. The tables list the average tax rate as well as the marginal tax rates for interest, eligible Canadian dividends, small-business Canadian dividends, and capital gains for specific income levels up to $1,000,000.