Ontario -> Tax Rates -> 2016 & 2017 Marginal Tax Rates -> Ontario 2016 & 2017 Income Tax Rates
Ontario 2016 and 2017 Personal Marginal Income Tax Rates
The Federal tax brackets and personal amounts are increased for 2017 by an indexation factor of 1.014, and the Ontario brackets and amounts are increased by an indexation factor of 1.016, except for the $150,000 and $220,000 bracket amounts, which are not indexed for inflation, as per the Ontario 2014 Budget. The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.
The 2016 marginal tax rate for non-eligible dividends reflects the rate that is in effect automatically due to the change in the gross-up rate for 2016. The Ontario 2016 Budget confirmed that they would not make a legislative change to this, but indicated that they would review the rate for 2017 and later years. Nothing was changed with the 2017 Budget.
Please read the article Understanding the Tables of Personal Income Tax Rates.
Ontario Personal Income Tax Brackets and Tax Rates |
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| 2017 Taxable Income | 2017 Tax Rates | 2016 Taxable Income | 2016 Tax Rates | ||||||
| first $42,201 | 5.05% | first $41,536 | 5.05% | ||||||
| over $42,201 up to $84,404 | 9.15% | over $41,536 up to $83,075 | 9.15% | ||||||
| over $84,404 up to $150,000 | 11.16% | over $83,075 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% | ||||||
Combined Federal & Ontario Tax Brackets and Tax Rates Including Surtaxes |
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| 2017 Taxable Income | 2017 Marginal Tax Rates | 2016 Taxable Income | 2016 Marginal Tax Rates | ||||||
| Other Income |
Capital Gains |
Canadian Dividends | Other Income |
Capital Gains |
Canadian Dividends | ||||
| Eligible | Non-Eligible | Eligible | Non-Eligible | ||||||
| first $42,201 | 20.05% | 10.03% | -6.86% | 6.13% | first $41,536 | 20.05% | 10.03% | -6.86% | 6.13% |
| over $42,201 up to $45,916 | 24.15% | 12.08% | -1.20% | 10.93% | over $41,536 up to $45,282 | 24.15% | 12.08% | -1.20% | 10.93% |
| over $45,916 up to $74,313 | 29.65% | 14.83% | 6.39% | 17.37% | over $45,282 up to $73,145 | 29.65% | 14.83% | 6.39% | 17.37% |
| over $74,313 up to $84,404 | 31.48% | 15.74% | 8.92% | 19.51% | over $73,145 up to $83,075 | 31.48% | 15.74% | 8.92% | 19.51% |
| over $84,404 up to $87,559 | 33.89% | 16.95% | 12.24% | 22.33% | over $83,075 up to $86,176 | 33.89% | 16.95% | 12.24% | 22.33% |
| over $87,559 up to $91,831 | 37.91% | 18.95% | 17.79% | 27.03% | over $86,176 up to $90,563 | 37.91% | 18.95% | 17.79% | 27.03% |
| over $91,831 up to $142,353 | 43.41% | 21.70% | 25.38% | 33.46% | over $90,563 up to $140,388 | 43.41% | 21.70% | 25.38% | 33.46% |
| over $142,353 up to $150,000 | 46.41% | 23.20% | 29.52% | 36.97% | over $140,388 up to $150,000 | 46.41% | 23.20% | 29.52% | 36.97% |
| over $150,000 up to $202,800 | 47.97% | 23.98% | 31.67% | 38.80% | over $150,000 up to $200,000 | 47.97% | 23.98% | 31.67% | 38.80% |
| over $202,800 up to $220,000 | 51.97% | 25.98% | 37.19% | 43.48% | over $200,000 up to $220,000 | 51.97% | 25.98% | 37.19% | 43.48% |
| over $220,000 | 53.53% | 26.76% | 39.34% | 45.30% | over $220,000 | 53.53% | 26.76% | 39.34% | 45.30% |
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Marginal tax rate for dividends is a % of actual
dividends received (not grossed-up amount). |
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Ontario Surtaxes |
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| 2017 | 2016 | ||||||||
| Surtax rate (included in above rates) | 20% | 36% | Surtax rate (included in above rates) | 20% | 36% | ||||
| Surtax is on ON tax greater than | $4,556 | $5,831 | Surtax is on ON tax greater than | $4,484 | $5,739 | ||||
| Person with only basic personal amount - surtax starts at taxable income of | $74,313 | $87,559 | Person with only basic personal amount - surtax starts at taxable income of | $73,145 | $86,176 | ||||
The 36% surtax is in addition to
the 20% surtax, for a total surtax of 56%. |
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Ontario Basic Personal Amount |
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| 2017 Personal Amount | 2017 Tax Rate | 2016 Personal Amount | 2016 Tax Rate | ||||||
| $10,171 | 5.05% | $10,011 | 5.05% | ||||||
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Federal Basic Personal Amount |
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| 2017 Personal Amount | 2017 Tax Rate | 2016 Personal Amount | 2016 Tax Rate | ||||||
| $11,635 | 15% | $11,474 | 15% | ||||||
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Revised: October 26, 2023