2025 Ontario Tax Brackets
Find out what tax bracket you are in as well as your marginal and average tax rate for the 2024 & 2025 tax year.
Ontario 2024 provincial tax bracket
Ontario Provincial Tax Bracket | Tax Rate |
---|---|
first $51,446 | 5.05% |
over $51,446 up to $102,894 | 9.15% |
over $102,894 up to $150,000 | 11.16% |
over $150,000 up to $220,000 | 12.16% |
over $220,000 | 13.16% |
Federal Tax Bracket 2024
This is the portion of federal taxes that are charged in Ontario for 2024:
Federal Tax Bracket | Tax Rate |
---|---|
$55,867 or less | 15.00% |
$55,867 to $111,733 | 20.50% |
$111,733 to $173,205 | 26.00% |
$173,205 to $246,752 | 29.00% |
More than $246,752 | 33.00% |