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% |