Ontario

Marginal Rates 2018

This document is up to date as of August 31, 2018 and reflects the status of legislation, including proposed amendments at this date.

Tax Brackets Other Income
 Capital Gain Dividends1
Eligible2 Ordinary3
% % % %
ONTARIO
$15,000 – $42,960 20.05 10.03 0.0 7.81
$42,961 – $46,605 24.15 12.08 0.0 12.57
$46,606 – 75,653 29.65 14.83 6.39 18.95
$75,654 – $85,923 31.48 15.74 8.92 21.07
$85,924 – $89,133 33.89 16.95 12.24 23.87
$89,134 – $93,208 37.91 18.95 17.79 28.53
$93,209 – $144,489 43.41 21.70 25.38 34.91
$144,490 – $150,000 46.41 23.20 29.52 38.39
$150,001 – $205,842 47.97 23.98 31.67 40.20
$205,843 – $220,000 51.97 25.98 37.19 44.84
$220,001 et plus 53.53 26.76 39.34 46.65
ALL PROVINCES
Federal
except Québec 33.00 16.50 24.81 26.64
Quebec only 27.56 13.78 20.72 22.25
Provincial4
Alberta 48.00 24.00 31.71 41.64
British Columbia 49.80   24.90 34.20 43.73
Prince Edward Island 51.37 25.69 34.22 44.26
Manitoba 50.40 25.20 37.78 45.92
New Brunswick 53.30 26.65 33.51 46.88
Nova Scotia 54.00 27.00 41.58 47.33
Nunavut 44.50 22.25 33.08 36.78
Ontario 53.53 26.76 39.34 46.84
Quebec 53.31 26.65 39.895 43.836
Saskatchewan 47.75 23.88 29.64 39.60
Newfoundland and Labrador 51.30 25.65 42.61 43.81
Northwest Territories 47.05 23.53 28.33 35.98
Yukon 48.00 24.00 28.93 41.42

1 Rates applicable to actual dividends received (not grossed-up).
2 38% gross-up.
3 16% gross-up (17% in 2017; 15% as of 2019).
4 Combined rates, federal and provincial.
5 Rate applicable to dividends received after March 27, 2018 (39.83% for dividends received between January 1 and March 27, 2018).
6 Rate applicable to dividends received after March 27, 2018 (43.94% for dividends received between January 1 and March 27, 2018).

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