Marginal Tax Rates

Marginal Tax Rates

This chart should only be used for estimating the tax on certain types of income within rate brackets for Ontario residents, and not for doing detailed calculations.

Year 2018
Taxable Income Tax Income Capital Gain Eligible Dividend Non-eligible Dividend
  • $0
  • 11,810
  • 15,088
  • 19,820
  • 42,202
  • 46,606
  • 74,317
  • 85,924
  • 89,134
  • 93,209
  • 144,490
  • 150,001
  • 205,843
  • 220,001
  • $0
  • 0
  • 492
  • 1,680
  • 6,202
  • 7,200
  • 15,520
  • 19,045
  • 20,133
  • 21,678
  • 43,939
  • 46,496
  • 73,284
  • 80,642
  • 0.00%
  • 15.00%
  • 25.10%
  • 20.05%
  • 24.15%
  • 29.65%
  • 31.48%
  • 33.89%
  • 37.91%
  • 43.41%
  • 46.41%
  • 47.97%
  • 51.97%
  • 53.53%
  • 0.00%
  • 7.50%
  • 12.55%
  • 10.03%
  • 12.08%
  • 14.83%
  • 15.74%
  • 16.95%
  • 18.95%
  • 21.70%
  • 23.20%
  • 23.98%
  • 25.98%
  • 26.76%
  • 0.00%
  • 0.00%
  • 0.00%
  • 0.00%
  • 0.00%
  • 7.56%
  • 8.92%
  • 12.24%
  • 17.79%
  • 25.38%
  • 29.52%
  • 31.67%
  • 37.19%
  • 39.34%
  • 0.00%
  • 5.76%
  • 10.24%
  • 8.00%
  • 10.93%
  • 19.14%
  • 19.51%
  • 24.06%
  • 28.72%
  • 35.10%
  • 38.58%
  • 40.39%
  • 45.03%
  • 46.84%
Year 2017
Taxable Income Tax Income Capital Gain Eligible Dividend Non-eligible Dividend
  • $0
  • 11,636
  • 14,825
  • 15,475
  • 42,202
  • 45,917
  • 74,317
  • 84,405
  • 87,558
  • 91,832
  • 142,354
  • 150,001
  • 200,001
  • 220,001
  • $0
  • 0
  • 476
  • 1,646
  • 6,202
  • 7,100
  • 15,520
  • 18,696
  • 19,755
  • 21,385
  • 43,316
  • 46,865
  • 72,193
  • 81,132
  • 0.00%
  • 15.00%
  • 25.10%
  • 20.05%
  • 24.15%
  • 29.65%
  • 31.48%
  • 33.89%
  • 37.91%
  • 43.41%
  • 46.41%
  • 47.97%
  • 51.97%
  • 53.53%
  • 0.00%
  • 7.50%
  • 12.55%
  • 10.03%
  • 12.08%
  • 14.83%
  • 15.74%
  • 16.95%
  • 18.95%
  • 21.70%
  • 23.20%
  • 23.98%
  • 25.98%
  • 26.76%
  • 0.00%
  • 0.00%
  • 0.00%
  • 0.00%
  • 0.00%
  • 7.56%
  • 8.92%
  • 12.24%
  • 17.79%
  • 25.38%
  • 29.52%
  • 31.67%
  • 37.19%
  • 39.34%
  • 0.00%
  • 5.24%
  • 7.03%
  • 6.13%
  • 10.93%
  • 17.37%
  • 19.51%
  • 22.33%
  • 27.03%
  • 33.46%
  • 36.97%
  • 38.80%
  • 43.48%
  • 45.30%
  • Year 2016
    Taxable Income Tax Income Capital Gain Eligible Dividend Non-eligible Dividend
  • $0
  • 41,536
  • 45,282
  • 73,138
  • 86,075
  • 86,171
  • 90,563
  • 140,388
  • 150,000
  • 200,001
  • 220,001
  • $0
  • 6,610
  • 7,006
  • 15,265
  • 19,337
  • 19,370
  • 21,035
  • 42,664
  • 47,125
  • 71,110
  • 81,503
  • 20.05%
  • 24.15%
  • 29.65%
  • 31.48%
  • 33.89%
  • 37.91%
  • 43.41%
  • 46.41%
  • 47.97%
  • 51.97%
  • 53.53%
  • 10.03%
  • 12.08%
  • 14.83%
  • 15.74%
  • 16.95%
  • 18.95%
  • 21.71%
  • 23.21%
  • 23.99%
  • 25.99%
  • 26.77%
  • -6.86%
  • -1.20%
  • 6.39%
  • 8.92%
  • 12.24%
  • 17.79%
  • 25.38%
  • 29.52%
  • 31.67%
  • 37.19%
  • 39.34%
  • 6.14%
  • 10.93%
  • 17.37%
  • 19.51%
  • 22.33%
  • 27.03%
  • 33.47%
  • 36.98%
  • 38.80%
  • 43.48%
  • 45.31%
  • Year 2015
    Taxable Income Tax Income Capital Gain Eligible Dividend Non-eligible Dividend
  • $0
  • 40,120
  • 43,953
  • 70,648
  • 80,242
  • 83,236
  • 87,907
  • 138,270
  • $0
  • 5,885
  • 6,811
  • 15,126
  • 18,290
  • 19,350
  • 21,191
  • 42,185
  • 20.05%
  • 24.15%
  • 31.15%
  • 32.98%
  • 35.39%
  • 39.41%
  • 43.41%
  • 46.41%
  • 10.03%
  • 12.08%
  • 15.58%
  • 16.49%
  • 17.70%
  • 19.71%
  • 21.71%
  • 23.21%
  • -6.86%
  • -1.20%
  • 8.46%
  • 10.99%
  • 14.31%
  • 19.86%
  • 25.38%
  • 29.52%
  • 5.35%
  • 10.19%
  • 18.45%
  • 20.61%
  • 23.45%
  • 28.19%
  • 32.91%
  • 36.45%
  • Year 2014
    Taxable Income Tax Income Capital Gain Eligible Dividend Non-eligible Dividend
    • $0
    • 40,120
    • 43,953
    • 70,648
    • 80,242
    • 83,236
    • 87,907
    • 136,270
    • $0
    • 5,885
    • 6,811
    • 15,126
    • 18,290
    • 19,350
    • 21,191
    • 42,185
    • 20.05%
    • 24.15%
    • 31.15%
    • 32.98%
    • 35.39%
    • 39.41%
    • 43.41%
    • 46.41%
    • 10.03%
    • 12.08%
    • 15.58%
    • 16.49%
    • 17.70%
    • 19.71%
    • 21.71%
    • 23.71%
    • -6.86%
    • -1.20%
    • 8.46%
    • 10.99%
    • 14.31%
    • 19.86%
    • 25.38%
    • 29.52%
    • 5.35%
    • 10.19%
    • 18.45%
    • 20.61%
    • 23.45%
    • 28.19%
    • 32.91%
    • 36.45%