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 ·
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.
Videos
14:11
Are We REALLY Taxed 50%?? - Canadian TAX Myths Chapter 1 - YouTube
01:17
How Tax Brackets Work in Canada - YouTube
13:34
Canadian Income Taxes - Tax Rates, Tax Refunds & How to File Taxes ...
16:58
How Taxes Work in Canada | LOWER YOUR TAX BILL - YouTube
15:59
How much income tax do you pay in Canada? - YouTube
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
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
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
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 - 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.
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.
TurboTax Canada
turbotax.intuit.ca › tax-resources › ontario-income-tax-calculator
2025-26 Ontario Income Tax Calculator
Here are the tax brackets for Ontario and Canada based on your taxable income.
Wealthsimple
wealthsimple.com › en-ca › learn › ontario-tax-brackets
Ontario Tax Brackets for 2025
Taking your total income ($60,000) and subtracting the first income tax bracket ($57,375), you have $2,625 of unaccounted-for income remaining. That amount will be taxed at a higher rate of 20.5%, which is $538.13. This means the total you owe in federal tax is $8,606.25 + $538.13, so $9,144.38. ... As a resident of Ontario, to find your provincial tax, you’d be required to pay 5.05% tax on $52,886 in income, which is $2,670.74.
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
Ontario · Federal and provincial personal tax credits - 20251 · 1. This table lists the most common non-refundable tax credits; other non-refundable and refundable credits may be available. 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 ·
TD
stories.td.com › ca › en › article › how-do-marginal-tax-rates-work
How do marginal tax rates work in Canada? | TD Stories | TD Stories
All provinces and territories have their own tax brackets and corresponding marginal tax rates (see the Canada Revenue Agency website). For example, here are Ontario's income tax brackets and marginal tax rates for the 2024 year, according to the Canada Revenue Agency.
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.
Spring Financial
springfinancial.ca › home › what are the ontario income tax brackets?
What are the Ontario Income Tax Brackets? - Spring Financial
3 weeks ago - Well, essentially, tax brackets are broken down based on your yearly income. What your yearly income is will determine what portion of your income will be paid in taxes to the federal government. These are the current federal income tax rates for 2026. It’s important to remember, though, that this is only the federal portion of your taxes. There’s still a portion that will be going to your provincial taxes. In this case, specifically your Ontario income tax rates.
PwC Tax Summaries
taxsummaries.pwc.com › canada › individual › taxes-on-personal-income
Canada - Individual - Taxes on personal income
All provinces and territories compute income tax using 'tax-on-income' systems (i.e. they set their own rates, brackets, and credits).
Desjardins
desjardins.com › ressources › pdf › table-impot-p-ontario-2025-e.pdf pdf
Federal Ontario Total Non-eligible dividends Eligible dividends Capital
- 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 ...
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 - 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 ·
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.
Money Coaches Canada
moneycoachescanada.ca › home › resources › 2025 tax information › ontario tax information
Ontario Tax Information - Money Coaches Canada
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 →
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.
ADP Canada
adp.ca › en › resources › tools › ontario-tax-calculator.aspx
2025 Ontario Payroll Tax Calculator | ADP Canada
November 24, 2025 - Tax rates in Ontario can range from 5.05% to 13.16% of income, while the combined federal and provincial tax rate is between 15% and 33%. In Ontario, marginal tax rates increase as income increases, therefore, individuals pay higher taxes as ...
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.
H&R Block Canada
hrblock.ca › blog › identify-income-tax-bracket
How to identify your income tax bracket. | H&R Block Canada
March 20, 2025 - If you were making $55,000 and you are now making $60,000, any income you make over $55,867 will now be taxed at a rate of 20.5%. Terminations: If you received termination pay for being let go from your position, this will count towards your ...
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......