2018 Combined Federal and Ontario Personal Income Tax Rates(I)

Taxable
Income
Salary/
Interest (%)
Eligible
Dividends (%)
Ineligible
Dividends(II) (%)
Capital
Gains (%)
First $42,96020.05(6.86)8.0010.03
$42,961–$46,60524.15(1.20)12.7612.08
$46,606–$75,65729.656.3919.1414.83
$75,658–$85,92331.488.9221.2615.74
$85,924–$89,13133.8912.2424.0616.95
$89,132–$93,20837.9117.7928.7218.95
$93,209–$144,48943.4125.3835.1021.70
$144,490–$150,00046.4129.5238.5823.20
$150,001–$205,84247.9731.6740.3923.98
$205,843–$220,00051.9737.1945.0325.98
Over $220,00053.5339.2446.8426.76
(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.
E. & O.E.

 

2018 Combined Federal and Ontario Corporate Income Tax Rates

 2018
General Rate26.50%
Small Business (to $500,000)13.50%
Investment50.17%

Based on corporations with fiscal years commencing January 1, 2018, and ending December 31, 2018.

E. & O.E.

 

2017 Combined Federal and Ontario Personal Income Tax Rates(I)

Taxable
Income
Salary/
Interest (%)
Eligible
Dividends (%)
Ineligible
Dividends(II) (%)
Capital
Gains (%)
First $42,20120.05(6.86)6.1310.03
$42,202–$45,91624.15(1.20)10.9312.08
$45,917–$74,31329.656.3917.3714.83
$74,314–$84,40431.488.9219.5115.74
$84,405–$87,55933.8912.2422.3316.95
$87,560–$91,83137.9117.7927.0318.95
$91,832–$142,35343.4125.3833.4621.70
$142,354–$150,00046.4129.5236.9723.20
$150,001–$202,80047.9731.6738.8023.98
$202,801–$220,00051.9737.1943.4825.98
Over $220,00053.5339.2445.3026.76
(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.
E. & O.E.

 

2017 Combined Federal and Ontario Corporate Income Tax Rates:

 2017
General Rate26.50%
Small Business (to $500,000)15.00%
Investment50.17%

Based on corporations with fiscal years commencing January 1, 2017, and ending December 31, 2017.

E. & O.E.