Canada.ca
canada.ca › en › revenue-agency › services › tax › individuals › frequently-asked-questions-individuals › canadian-income-tax-rates-individuals-current-previous-years.html
Tax rates and income brackets for individuals - Canada.ca
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 ·
Wealthsimple
wealthsimple.com › tax calculator › ontario tax calculator
2025 Income Tax Calculator Ontario
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.
How much is tax in Ontario?
The tax rates for Ontario in 2024 are as follows
- Amounts earned up to $51,446 are taxed at 5.05%.
- Amounts above $51,446 up to $102,894 are taxed at 9.15%.
- Amounts $102,894 up to $150,000, the rate is 11.16%.
- Earnings $150,000 up to $220,000 the rates are 12.16%.
- Finally, earnings above $220,000 will be taxed at a rate of 13.16%.
wealthsimple.com
wealthsimple.com › tax calculator › ontario tax calculator
2025 Income Tax Calculator Ontario
How to calculate tax in Ontario?
The tax calculation in Ontario is simple. All you have to do is take your total earnings, add the exempted amounts and then deduct the tax deductions and credits that you are eligible for. Once all these steps are followed, you can find out exactly how much tax you need to pay.
wealthsimple.com
wealthsimple.com › tax calculator › ontario tax calculator
2025 Income Tax Calculator Ontario
How much is capital gains tax in Ontario?
Just like earned income, capital gains have a rate at which they are taxed. Depending on the amount of gains you have, you will be taxed accordingly. It’s important to note that typically, capital gains are only calculated at 50%. If you use a tax filing software, this should be calculated for you automatically.
wealthsimple.com
wealthsimple.com › tax calculator › ontario tax calculator
2025 Income Tax Calculator Ontario
Ontario Data Catalogue
data.ontario.ca › dataset › personal-income-tax-rates-and-credits
Personal income tax rates and credits - Dataset - Ontario Data Catalogue
Personal income tax is collected annually from Ontario residents and those who earned income in the province. The tax is calculated separately from federal income tax. There are 5 Ontario...
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.
EY
ey.com › en_ca › services › tax › tax-calculators
EY Tax Calculators & Rates | EY - Canada
Calculate your annual federal and provincial combined tax rate with our easy online tool.
Ontario
ontario.ca › document › filing-your-personal-income-tax-return
Government of Ontario | Gouvernement de l'Ontario
September 29, 2025 - What you need to know about Ontario’s personal income tax, tax credits and benefits.
RCGT
rcgt.com › en › tax-planning-guide › tables › 2-ontario-2 › tax-table-2
Tax Table – Ontario 2025 | Raymond Chabot Grant Thornton
2 weeks ago - 2- Ontario · Marginal rate applies on each dollar of additional income. Basic personal credit of $2,339 (gradually reduced when income is greater than $177,882, up to a minimum credit of $2,108). Indexation rate of 2.7%. This table does not take into account the low-income tax reduction.
Spring Financial
springfinancial.ca › home › what are the ontario income tax brackets?
What are the Ontario Income Tax Brackets? - Spring Financial
3 weeks 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.
PwC Tax Summaries
taxsummaries.pwc.com › canada › individual › taxes-on-personal-income
Canada - Individual - Taxes on personal income
Non-residents are subject to provincial or territorial rates on employment income earned, and business income connected with a permanent establishment (PE), in the respective province or territory. Different rates may apply to non-residents in other circumstances. Combined federal/provincial (or federal/territorial) effective top marginal tax rates for 2025 are shown below.
Settlement
settlement.org › ontario › daily-life › personal-finance › taxes › how-much-income-tax-do-i-have-to-pay
How much income tax do I have to pay?
The amount of income tax you pay depends on how much money you earned in the past year minus any deductions and credits.
RCGT
rcgt.com › en › tax-planning-guide › tables › 2-ontario-2 › tax-brackets-2
Table I4 – Tax Brackets - Ontario 2024 | Raymond Chabot Grant Thornton
2 weeks ago - 2- Ontario · 20.5% rate used for AMT1. 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.
Ontario
ontario.ca › page › benefits-and-taxes
Government of Ontario | Gouvernement de l'Ontario
September 18, 2015 - Learn about taxes in Ontario and what they support, including tax credits you can get to help you with living and business costs.
Wealthsimple
wealthsimple.com › tax calculator
2025 Income Tax Calculator Canada
These calculations are approximate and include the following non-refundable tax credits: the basic personal tax amount, CPP/QPP, QPIP, and EI premiums, and the Canada employment amount. After-tax income is your total income net of federal tax, provincial/territorial tax, and payroll tax.
Canada.ca
canada.ca › en › revenue-agency › services › forms-publications › payroll › t4032-payroll-deductions-tables › t4032on-jan › t4032on-january-general-information.html
Payroll Deductions Tables - CPP, EI, and income tax deductions - Ontario - Canada.ca
In the Ontario tax deductions table, the provincial tax deduction for $615 weekly under claim code 1 is $22.05. Sara’s total tax deduction is $54.00 ($31.95 + $22.05). This amount of taxes will be included in your remittance to us. We have built the tax credits and tax deductions for CPP contributions and EI premiums into the federal and provincial tax deductions tables in this guide. However, certain types of income, such as pension income, are not subject to CPP contributions and EI premiums.
Fraser Institute
fraserinstitute.org › commentary › high-income-families-ontario-pay-majority-all-taxes-province
High-income families in Ontario pay majority of all taxes in province | Fraser Institute
For example, the Ontario government imposes a 5.05 per cent provincial income tax rate on income up to $52,886, rising to a 13.16 per cent rate on income above $220,000 (plus surtaxes).
EY
eytaxcalculators.com › en › 2025-personal-tax-calculator.html
2025 Personal tax calculator | EY Canada
Calculate your combined federal and provincial tax bill in each province and territory · The calculator reflects known rates as of June 1, 2025
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 15, 2025 - 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.
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
1 month ago - (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.
Forbes Advisor
forbes.com › advisor › ca › income-tax-calculator › ontario
Ontario Tax Calculator 2025: Estimate Your Taxes - Forbes Advisor Canada
2 weeks ago - Your average tax rate is 14.47% and your marginal tax rate is 20.5%. This marginal tax rate means that your immediate additional income will be taxed at this rate. If you make $60,000 Annually in Ontario, Canada, you will be taxed $11,847.
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. The Federal tax brackets and personal tax credit amounts are increased for 2026 by an indexation factor of 1.02 (2% increase). See Indexation of the Personal Income Tax System for how the indexation factors are calculated.