Ontario
Tax table 2023
This document is up to date as of August 31, 2023 and reflects the status of legislation, including proposed amendments at this date.
For rates in 2024, consult this pdf.
| Taxable Income | Tax | Effective Rate | Marginal Rate | ||||
|---|---|---|---|---|---|---|---|
| Federal | Ontario | Total | Federal | Ontario | Total | ||
| $ 10,000 11,000 12,000 13,000 |
$ – – – – |
$ – – 7 57 |
$ – – 7 57 |
% 0.00 0.00 0.06 0.44 |
% 0.00 0.00 0.00 0.00 |
% 0.00 0.68 5.05 5.05 |
% 0.00 0.68 5.05 5.05 |
| 14,000 15,000 16,000 17,000 |
–
150 |
108 158 209 259 |
108 158 359 559 |
0.77 1.06 2.24 3.29 |
0.00 15.00 15.00 15.00 |
5.05 5.05 5.05 5.05 |
5.05 20.05 20.05 20.05 |
| 18,000 19,000 20,000 21,000 |
450 600 750 900 |
310 360 411 461 |
760 960 1,161 1,361 |
4.22 5.05 5.80 6.48 |
15.00 15.00 15.00 15.00 |
5.05 5.05 5.05 5.05 |
20.05 20.05 20.05 20.05 |
| 22,000 23,000 24,000 25,000 |
1,050 1,200 1,350 1,500 |
512 562 613 663 |
1,562 1,762 1,963 2,163 |
7.10 7.66 8.18 8.65 |
15.00 15.00 15.00 15.00 |
5.05 5.05 5.05 5.05 |
20.05 20.05 20.05 20.05 |
| 26,000 27,000 28,000 29,000 |
1,650 1,800 1,950 2,100 |
714 764 815 865 |
2,364 2,564 2,765 2,965 |
9.09 9.50 9.87 10.23 |
15.00 15.00 15.00 15.00 |
5.05 5.05 5.05 5.05 |
20.05 20.05 20.05 20.05 |
| 30,000 31,000 32,000 33,000 |
2,250 2,400 2,550 2,700 |
916 966 1,017 1,067 |
3,166 3,366 3,567 3,767 |
10.55 10.86 11.15 11.42 |
15.00 15.00 15.00 15.00 |
5.05 5.05 5.05 5.05 |
20.05 20.05 20.05 20.05 |
| 34,000 35,000 36,000 37,000 |
2,850 3,000 3,150 3,300 |
1,118 1,168 1,219 1,269 |
3,968 4,168 4,369 4,569 |
11.67 11.91 12.14 12.35 |
15.00 15.00 15.00 15.00 |
5.05 5.05 5.05 5.05 |
20.05 20.05 20.05 20.05 |
| 38,000 39,000 40,000 41,000 |
3,450 3,600 3,750 3,900 |
1,320 1,370 1,421 1,471 |
4,770 4,970 5,171 5,371 |
12.55 12.74 12.93 13.10 |
15.00 15.00 15.00 15.00 |
5.05 5.05 5.05 5.05 |
20.05 20.05 20.05 20.05 |
| 42,000 43,000 44,000 45,000 |
4,050 4,200 4,350 4,500 |
1,522 1,572 1,623 1,673 |
5,572 5,772 5,973 6,173 |
13.27 13.42 13.57 13.72 |
15.00 15.00 15.00 15.00 |
5.05 5.05 5.05 5.05 |
20.05 20.05 20.05 20.05 |
| 46,000 47,000 48,000 49,000 |
4,650 4,800 4,950 5,100 |
1,724 1,774 1,825 1,875 |
6,374 6,574 6,775 6,975 |
13.86 13.99 14.11 14.24 |
15.00 15.00 15.00 15.00 |
5.05 5.05 5.05 8.20 |
20.05 20.05 20.05 23.20 |
| 50,000 51,000 52,000 53,000 |
5,250 5,400 5,550 5,700 |
1,957 2,049 2,140 2,232 |
7,207 7,449 7,690 7,932 |
14,41 14,61 14,79 14,97 |
15.00 15.00 15.00 18.53 |
9.15 9.15 9.15 9.15 |
24.15 24.15 24.15 27.68 |
| 54,000 55,000 56,000 57,000 |
5,885 6,090 6,295 6,500 |
2,323 2,415 2,506 2,598 |
8,208 8,505 8,801 9,098 |
15.20 15.46 15.72 15.96 |
20.50 20.50 20.50 20.50 |
9.15 9.15 9.15 9.15 |
29.65 29.65 29.65 29.65 |
| 58,000 59,000 60,000 61,000 |
6,705 6,910 7,115 7,320 |
2,689 2,781 2,872 2,964 |
9,394 9,691 9,987 10,284 |
16.20 16.43 16.65 16.86 |
20.50 20.50 20.50 20.50 |
9.15 9.15 9.15 9.15 |
29.65 29.65 29.65 29.65 |
| 62,000 63,000 64,000 65,000 |
7,525 7,730 7,935 8,140 |
3,055 3,147 3,238 3,330 |
10,580 10,877 11,173 11,470 |
17.07 17.27 17.46 17.65 |
20.50 20.50 20.50 20.50 |
9.15 9.15 9.15 9.15 |
29.65 29.65 29.65 29.65 |
| 66,000 67,000 68,000 69,000 |
8,345 8,550 8,755 8,960 |
3,421 3,513 3,604 3,696 |
11,766 12,063 12,359 12,656 |
17.83 18.00 18.18 18.34 |
20.50 20.50 20.50 20.50 |
9.15 9.15 9.15 9.15 |
29.65 29.65 29.65 29.65 |
| 70,000 71,000 72,000 73,000 |
9,165 9,370 9,575 9,780 |
3,787 3,879 3,970 4,062 |
12,952 13,249 13,545 13,842 |
18,50 18.66 18,81 18.96 |
20.50 20.50 20.50 20.50 |
9.15 9.15 9.15 9.15 |
29.65 29.65 29.65 29.65 |
| 74,000 75,000 80,000 85,000 |
9,985 10,190 11,215 12,240 |
4,153 4,245 4,702 5,160 |
14,138 14,435 15,917 17,400 |
19.11 19.25 19.90 20.47 |
20.50 20.50 20.50 20.50 |
9.15 9.15 9.15 10.36 |
29.65 29.65 29.65 30.86 |
| 90,000 95,000 100, 000 105,000 |
13,265 14,290 15,315 16,340 |
5,678 6,227 6,813 7,597 |
18,943 20,517 22,128 23,937 |
21.05 21.60 22,13 22.80 |
20.50 20.50 20.50 24.11 |
10.98 11.72 15.69 17.41 |
31.48 32.22 36.19 41.52 |
| 110,000 115,000 120,000 125,000 |
17,546 18,846 20,146 21,446 |
8,468 9,338 10,209 11,079 |
26,014 28,184 30.355 32,525 |
23.65 24.51 25.30 26.02 |
26.00 26.00 26.00 26.00 |
17.41 17.41 17.41 17.41 |
43.41 43.41 43.41 43.41 |
| 130,000 140,000 150,000 160,000 |
22,746 25,346 27,946 30,546 |
11,950 13,691 15,432 17,329 |
34,696 39,037 43,378 47,875 |
26.69 27.88 28.92 29.92 |
26.00 26.00 26.00 27.52 |
17.41 17.41 18.97 18.97 |
43.41 43.41 44.97 46.49 |
| 170,000 180,000 190,000 200,000 |
33,297 36,229 39,161 42,092 |
19,226 21,123 23,020 24,917 |
52,523 57,352 62,181 67,009 |
30.90 31.86 32.73 33.50 |
29.32 29.32 29.32 30.37 |
18.97 18.97 18.97 19.91 |
48.29 48.29 48.29 50.28 |
| 250,000 300,000 350,000 400,000 |
57,278 73,778 90,278 106,778 |
34,869 45,134 55,399 65,664 |
92,147 118,912 145,677 172,442 |
36.86 39.64 41.62 43.11 |
33.00 33.00 33.00 33.00 |
20.53 20.53 20.53 20.53 |
53.53 53.53 53.53 53.53 |
Marginal rate applies on each dollar of additional income.
Federal
1) Basic personal credit of $2,250 (gradually reduced when income is greater than $165,430, up to a minimum credit of $2,028).
2) Indexation rate of 6.3%.
Ontario
1) This table does not take into account the low income tax reduction.
2) Basic personal credit of $599.
3) Indexation rate of 6.5%.
This document is up to date as of August 31, 2023 and reflects the status of legislation, including proposed amendments at this date.
Tax table 2023
Ontario
