Ontario 2022 and 2021 Personal Marginal Income Tax Rates

The Federal tax brackets and personal tax credit amounts are increased for 2022 by an indexation factor of 1.024 (a 2.4% increase).

The Ontario tax brackets and personal tax credit amounts are also increased for 2022 by an indexation factor of 1.024, except for the $150,000 and $220,000 bracket amounts, which are not indexed for inflation.

The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.

Tax Tip: read the article Understanding the Tables of Personal Income Tax Rates, especially if you are trying to compare the rates below to the marginal tax rates in the Basic Tax Calculator.

TaxTips.ca - Ontario Personal Income Tax Brackets and Tax Rates
2022 Taxable Income	2022 Tax Rates	2021 Taxable Income	2021 Tax Rates
first $46,226	5.05%	first $45,142	5.05%
over $46,226 up to $92,454	9.15%	over $45,142 up to $90,287	9.15%
over $92,454 up to $150,000	11.16%	over $90,287 up to $150,000	11.16%
over $150,000 up to $220,000	12.16%	over $150,000 up to $220,000	12.16%
over $220,000	13.16%	over $220,000	13.16%

TaxTips.ca - Combined Federal & Ontario Tax Brackets and Tax Rates Including Surtaxes
2022 Taxable Income	ON 2022 Marginal Tax Rates				2021 Taxable Income	ON 2021 Marginal Tax Rates
	Other Income	Capital Gains	Canadian Dividends			Other Income	Capital Gains	Canadian Dividends
	Other Income	Capital Gains	Eligible	Non-Eligible		Other Income	Capital Gains	Eligible	Non-Eligible
first $46,226	20.05%	10.03%	-6.86%	9.24%	first $45,142	20.05%	10.03%	-6.86%	9.24%
over $46,226 up to $50,197	24.15%	12.08%	-1.20%	13.95%	over $45,142 up to $49,020	24.15%	12.08%	-1.20%	13.95%
over $50,197 up to $81,411	29.65%	14.83%	6.39%	20.28%	over $49,020 up to $79,505	29.65%	14.83%	6.39%	20.28%
over $81,411 up to $92,454	31.48%	15.74%	8.92%	22.38%	over $79,505 up to $90,287	31.48%	15.74%	8.92%	22.38%
over $92,454 up to $95,906	33.89%	16.95%	12.24%	25.16%	over $90,287 up to $93,655	33.89%	16.95%	12.24%	25.16%
over $95,906 up to $100,392	37.91%	18.95%	17.79%	29.78%	over $93,655 up to $98,040	37.91%	18.95%	17.79%	29.78%
over $100,392 up to $150,000	43.41%	21.70%	25.38%	36.10%	over $98,040 up to $150,000	43.41%	21.70%	25.38%	36.10%
over $150,000 up to $155,625	44.97%	22.48%	27.53%	37.90%	over $150,000 up to $151,978	44.97%	22.48%	27.53%	37.90%
over $155,625 up to $220,000	48.35%	24.17%	32.19%	41.79%	over $151,978 up to $216,511	48.29%	24.14%	32.11%	41.72%
over $220,000 up to $221,708	49.91%	24.95%	34.34%	43.58%	over $216,511 up to $220,000	51.97%	25.98%	37.19%	45.95%
over $221,708	53.53%	26.76%	39.34%	47.74%	over $220,000	53.53%	26.76%	39.34%	47.74%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up taxable amount). Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains). Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 15%. The surtax is calculated before deducting dividend tax credits. For more information see Ontario dividend tax credits. Marginal tax rates do not include the Ontario Health Premium, which increases the above rates by up to 25%.

Ontario Surtaxes
2022			2021
Surtax rate (included in above rates)	20%	36%	Surtax rate (included in above rates)	20%	36%
Surtax is on ON tax greater than	$4,991	$6,387	Surtax is on ON tax greater than	$4,874	$6,237
Person with only basic personal amount - surtax starts at taxable income of	$81,411	$95,906	Person with only basic personal amount - surtax starts at taxable income of	$79,505	$93,655
The 36% surtax is in addition to the 20% surtax, for a total surtax of 56%. The surtax increases the 13.16% tax rate to 20.53% (13.16% x 1.56). Surtaxes are calculated before deducting dividend tax credits.

Ontario Basic Personal Amount
2022 Personal Amount	2022 Tax Rate	2021 Personal Amount	2021 Tax Rate
$11,141	5.05%	$10,880	5.05%
Federal Basic Personal Amount
2022 Personal Amount (1)	2022 Tax Rate	2021 Personal Amount (1)	2021 Tax Rate
$14,398	15%	$13,808	15%

(1) See the federal tax rates page for information on the enhanced federal personal amount, which increases the marginal tax rates for taxable incomes in the second highest federal tax bracket. The marginal tax rates in blue above have been adjusted to reflect these changes.

Revised: October 26, 2023