Personal Tax Rates

Personal Tax Rates

Year 2018
Taxable Income Tax Marginal Tax Rate
Federal Rates
  • $0
  • 46,606
  • 93,209
  • 144,490
  • 205,843
  • $0
  • 6,991
  • 16,544
  • 29,877
  • 47,670
  • 15.00%
  • 20.50%
  • 26.00%
  • 29.00%
  • 33.00%






Ontario personal tax rates
  • $0
  • 42,961
  • 85,924
  • 150,000
  • 220,000
  • $0
  • 2,170
  • 6,101
  • 13,252
  • 21,764
  • 5.05%
  • 9.15%
  • 11.16%
  • 12.16%
  • 13.16%
Ontario surtax
On Ontario tax over $4,638
Plus on Ontario tax over $5,936

20.00%
36.00%
Ontario personal tax rates (proposed by former Liberal government)
  • $0
  • 42,961
  • 71,501
  • 82,001
  • 92,001
  • 150,000
  • 220,000
  • $0
  • 2,170
  • 4,781
  • 5,936
  • 7,286
  • 17,436
  • 30,736
  • 5.05%
  • 9.15%
  • 11.00%
  • 13.50%
  • 17.50%
  • 19.00%
  • 20.53%
Ontario surtax
Eliminated




Year 2017
Taxable Income Tax Marginal Tax Rate
Federal Rates
  • $0
  • 45,916
  • 91,831
  • 142,353
  • 202,800
  • $0
  • 6,887
  • 16,300
  • 29,436
  • 46,965
  • 15.00%
  • 22.00%
  • 26.00%
  • 29.00%
  • 33.00%






Ontario personal tax rates
  • $0
  • 42,201
  • 84,404
  • 150,000
  • 220,000
  • $0
  • 2,131
  • 5,993
  • 13,313
  • 21,825
Ontario surtax
On Ontario tax over $4,556
Plus on Ontario tax over $5,831

20.00%
36.00%
Year 2016
Taxable Income Tax Marginal Tax Rate
Federal Rates
  • $0
  • 45,283
  • 90,564
  • 1,40,389
  • 2,00,001
  • $0
  • 6,792
  • 16,075
  • 29,030
  • 46,317
  • 15.00%
  • 20.50%
  • 26.00%
  • 29.00%
  • 33.00%






  • Ontario Personal Tax Rates
    • $0
    • 41,536
    • 83,075
    • 150,000
    • 220,000
    • $0
    • 2,098
    • 5,898
    • 13,367
    • 21,879
    • 5.05%
    • 9.15%
    • 11.16%
    • 12.16%
    • 13.16%
    Ontario surtax
    On Ontario tax over $4,484
    Plus on Ontario tax over $5,739

    20.00%
    36.00%
    Year 2015
    Taxable Income Tax Marginal Tax Rate
    Federal Rates
    • $0
    • 44,700
    • 89,401
    • 138,587
    • $0
    • 6,705
    • 16,540
    • 29,327
    • 15.00%
    • 22.00%
    • 26.00%
    • 29.00%
    Ontario personal tax rates
    • $0
    • 40,922
    • 81,847
    • 150,000
    • 220,000
    • $0
    • 2,067
    • 5,804
    • 13,412
    • 21,924
    • 5.05%
    • 9.15%
    • 11.16%
    • 12.16%
    • 13.16%
    Ontario surtax
    On Ontario tax over $4,418
    Plus on Ontario tax over $5,654

    20.00%
    36.00%
    Year 2014
    Taxable Income Tax Marginal Tax Rate
    Federal Rates
    • $0
    • 43,953
    • 87,907
    • 136,270
    • $0
    • 6,593
    • 16,263
    • 28,837
    • 15.00%
    • 22.00%
    • 26.00%
    • 29.00%
    Ontario personal tax rates
    • $0
    • 40,120
    • 80,242
    • 150,000
    • 220,000
    • $0
    • 2,026
    • 5,692
    • 13,477
    • 21,989
    • 5.05%
    • 9.15%
    • 11.16%
    • 12.16%
    • 13.16%
    Ontario surtax
    On Ontario tax over $4,331
    Plus on Ontario tax over $5,543

    20.00%
    36.00%