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Ontario 2009 and 2010 Personal Tax Rates

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Tax Rates - 2009 and 2010 Tax Rates -> Ontario 2009 and 2010 Personal Income Tax Rates

Ontario (ON)
Personal Income Tax Brackets and Rates Before Surtax
2010 Taxable Income   2010 Tax Rates 2009 Taxable Income  2009 Tax Rates
first $37,106 5.05% first $36,848 6.05%
over $37,106 up to $74,214 9.15% over $36,848 up to $73,698 9.15%
over $74,214 11.16% over $73,698 11.16%
Ontario (ON)
combined federal & provincial tax rates including surtaxes
2010 Taxable Income   2010 Marginal Tax Rates 2009 Taxable Income  2009 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible
Dividends
Small
Business
Dividends
Eligible
Dividends
Small
Business
Dividends
first $37,106 20.05% 10.03% -6.23% 2.77% first $36,848 21.05% 10.53% -7.71% 3.23%
over $37,106 up to $40,970 24.15% 12.08% -0.32% 7.90% over $36,848 up to $40,726 24.15% 12.08% -3.21% 7.11%
over $40,970 up to $65,345 31.15% 15.58% 9.76% 16.65% over $40,726 up to $64,882 31.15% 15.58% 6.94% 15.86%
over $65,345 up to $74,214 32.98% 16.49% 10.55% 17.81% over $64,882 up to $73,698 32.98% 16.49% 7.44% 16.86%
over $74,214 up to $76,986 35.39% 17.70% 14.02% 20.82% over $73,698 up to $76,440 35.39% 17.70% 10.94% 19.88%
over $76,986 up to $81,941 39.41% 19.70% 16.49% 23.82% over $76,440 up to $81,452 39.41% 19.70% 12.91% 22.59%
over $81,941 up to $127,021 43.41% 21.70% 22.25% 28.82% over $81,452 up to $126,264 43.41% 21.70% 18.71% 27.59%
over $127,021 46.41% 23.20% 26.57% 32.57% over $126,264 46.41% 23.20% 23.06% 31.34%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount).
Marginal tax rates above do not include the Ontario Health Premium, which increases the above rates by up to 1.2%
ON Surtaxes
2010 2009
ON surtax rate (included in above rates) 20% 36% ON surtax rate (included in above rates) 20% 36%
Surtax is on ON tax greater than $ 4,006 $ 5,127 Surtax is on ON tax greater than $ 4,257 $ 5,370
Person with only basic personal amount - surtax starts at taxable income of $ 65,345 $ 76,986 Person with only basic personal amount - surtax starts at taxable income of $ 64,882 $ 76,440
Note that the 36% surtax is in addition to the 20% surtax, for a total surtax of 56%.
The 2010 surtax thresholds are as per Bill 218, which is subject to legislative approval.
ON Basic Personal Amount
2010 Tax Rate 2009 Tax Rate
$8,943 5.05% $8,881 6.05%
Federal Basic Personal Amount
2010 Tax Rate 2009 Tax Rate
$10,382 15.00% $10,320 15.00%
 

Please read the article Understanding the Tables of Personal Income Tax Rates.

 

Revised: September 20, 2017

 

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