Marginal Tax Rates

2019 Marginal Personal Income Tax Rates

 

 

Taxable Income Federal Ontario Total
0 – $10,582 0.00% 0.00% 0.00%
$10,583 – $12,069 0.00% 5.05% 5.05%
$12,070 – 43,906 15.00% 5.05% 20.05%
$42,907 – 47,630 15.00% 9.15% 24.15%
$47,631 – 87,813 20.50% 9.15% 29.65%
$87,814 – 95,259 20.50% 11.16% 31.66%
$95,260 – 147,667 26.00% 11.16% 37.16%
$147,668 – 150,000 29.00% 11.16% 40.16%
$150,001 – 210,371 29.00% 12.16% 41.16%
$210,372 – 220,000 33.00% 12.16% 45.16%
$220,001 and above 33.00% 13.16% 46.16%

 


Corporation Income Tax Rates for Canadian Controlled Private Corporations 

effective January 1, 2019

Federal Part I (Active Business Income up to $500,000) 9.00%
Ontario (Active Business Income up to $500,000) 3.50%
Total: 12.50%