Chartered Accountants of Ontario, Canada

 

Tax Facts

Estimated Tax Payable for Ontario

2011 2010 2009
Taxable  Estimated Federal Taxable  Estimated Federal Taxable  Estimated Federal
Income    & Ontario Tax Income    & Ontario Tax Income    & Ontario Tax
$   20,000 $1,971 $   20,000 $2,001 $   20,000 $2,124
30,000 3,976 30,000 4,008 30,000 4,229
40,000 6,072 40,000 6,130 40,000 6,432
50,000 9,079 50,000 9,177 50,000 9,497
60,000 12,194 60,000 12,292 60,000 12,612
70,000 15,373 70,000 15,492 70,000 15,821
80,000 18,844 80,000 19,051 80,000 20,053
90,000 23,061 90,000 23,314 90,000 23,696
100,000 27,402 100,000 27,655 100,000 28,037
150,000 49,743 150,000 50,049 150,000 50,454
200,000 72,948 200,000 73,254 200,000 73,659
300,000 119,357 300,000 119,684 300,000 120,069
400,000 165,767 400,000 166,073 400,000 166,479
500,000 212,177 500,000 212,483 500,000 212,889
1,000,000 444,225 1,000,000 444,531 1,000,000 444,939