Marginal Personal Tax Rates    2015

( combined Federal & Ontario taxes )

 

 

2015 Basic Federal Exemption - $ 11,327

 

           Tax Brackets

 

$   11,328   -   $   40,922                  20.05 %

 

$   40,923   -   $   44,701                  24.15 %

 

$   44,702   -   $   72,064                  31.15 %

 

$   72,065   -   $   81,847                  32.98 %

 

$   81,848   -   $   84,902                  35.39 %

 

$   84,903   -   $   89,401                  39.41 %

 

$   89,402   -   $ 138,586                  43.41 %

 

$ 138,857   -   $ 150,000                  46.41 %

 

$ 150,001   -   $ 220,000                  47.97 %

 

$ 220,001   &   over                  49.53%