2023 Ontario Income Tax Calculator
Federal and Provincial Tax Brackets
Your taxable income in the following tax brackets.
|Federal Tax Bracket||Federal Tax Rates|
|$53,359.00 or less||15%|
|$53,359.00 - $106,716.99||20.5%|
|$106,717.00 - $165,429.99||26%|
|$165,430.00 - $235,674.99||29%|
|More than $235,675.00||33%|
|Ontario Tax Bracket||Ontario Tax Rates|
|$49,231.00 or less||5.05%|
|$49,231.00 - $98,462.99||9.15%|
|$98,463.00 - $149,999.99||11.16%|
|$150,000.00 - $219,999.99||12.16%|
|More than $220,000.00||13.16%|
Income taxes on annual salaries
Annual Income Tax by Province/Territory
This tool was designed to for approximation purposes only and should not be used to replace legal or accounting authority. For the purpose simplifying the process, a number of variables have been assumed to calculate the figures included on this page. The results of this calculator should not be relied upon for determining career and/or tax decisions.
Check out our Ontario demographics page for more information.