Marginal Personal Tax Rates    2017

( combined Federal & Ontario taxes )

 

 

2017 Basic Federal Exemption - $ 11,635

 

           Tax Brackets

 

$   11,636   -   $   42,201                  20.05 %

 

$   42,202   -   $   45,916                  24.15 %

 

$   45,917   -   $   74,313                  29.65 %

 

$   74,314   -   $   84,404                  31.48 %

 

$   84,405   -   $   87,559                  33.89 %

 

$   87,560   -   $   91,831                  37.91 %

 

$   91,832   -   $ 142,353                  43.41 %

 

$ 142,354   -   $ 150,000                  46.41 %

 

$ 150,001   -   $ 202,800                  47.97 %

 

$ 202,801   -   $ 220,000                  51.97 %

 

$ 220,001   &   over                  53.53%