Marginal Personal Tax Rates    2018

( combined Federal & Ontario taxes )

 

 

2018 Basic Federal Exemption - $ 11,809

 

           Tax Brackets

 

$   11,810   -   $   42,960                  20.05 %

 

$   42,961   -   $   46,605                  24.15 %

 

$   46,606   -   $   75,657                  29.65 %

 

$   75,658   -   $   85,923                  31.48 %

 

$   85,924   -   $   89,131                  33.89 %

 

$   89,132   -   $   93,208                  37.91 %

 

$   93,209   -   $ 144,489                  43.41 %

 

$ 144,490   -   $ 150,000                  46.41 %

 

$ 150,001   -   $ 205,842                  47.97 %

 

$ 205,843   -   $ 220,000                  51.97 %

 

$ 220,001   &   over                  53.53%