Ontario · 11.50% 3.20% $500,000 · 11.50% Combined · 26.50% 12.20% 50.17% Value of estate · Fee/tax · $50,000 or less · $0 · Over $50,000 · 1.5% Canadian · Dividends · 38.33% 38.33% 1 Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount).

Provincial and territorial tax rates vary across Canada; however, your provincial or territorial income tax (except Quebec) is calculated in the same way as your federal income tax. Newfoundland and Labrador · Prince Edward Island · Nova Scotia · New Brunswick · Quebec · Ontario ·

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.

... 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.

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.

Calculate your annual federal and provincial combined tax rate with our easy online tool.

2. The tax value of each provincial tax credit includes the reduction in provincial surtax as it would apply to taxpayers in the highest tax bracket (except for the

1 day 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.

The experienced advisors at Grant Thornton LLP will help you strategically navigate today’s tax · issues, plan for tomorrow, and achieve your greatest potential. Let’s create the roadmap to your goals. 2022 ON rate card: Combined federal and provincial personal income

- This table reflects the change in the first tax bracket rate, which will be reduced by 1 % as of July 1, 2025. - Tax rate calculations takes into account basic personal amount (BPA) Ontario: $12,747 · Federal: $16,129 (not considered in the table, the gradual reduction of the BPA up to $14,538 ...

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 ...

1 month ago - Indexation rate of 2.7% in 2025. AMT of 24.63% of federal AMT3. 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.

1 month ago - 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 · See all tables · 1-866-693-6717 · Contact us ·

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 ...

July 18, 2025 - This article provides an overview of 2025 updates to combined Federal and Ontario personal income tax rates (at the higher marginal tax brackets) and corporate income tax rates, as well as the prescribed interest rate and payroll deductions. This year’s updates also include revised RRSP and ...

February 24, 2023 - Combined Federal & Provincial tax rates* 2023 Taxable Income Tax Rate $0 – $15,000 0% $15,001 – $17,291 15.00% $17,292 – $22,716⁶ 25.10% $22,717 – $49,231 20.05% $49,232 – $53,359 24.15% $53,360 – $86,696 29.65% $86,697 – $98,463 31.48% $98,464 … Continue reading →

The tax is calculated separately from federal income tax. There are 5 Ontario income tax brackets and 5 corresponding tax rates.

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.

Calculate your combined federal and provincial tax bill in each province and territory.

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.