|
|
Marginal Personal Income Tax Rates - Ontario - 2011
 |
Salary & Interest |
Capital Gains |
Canadian Dividends
(non-eligible) |
Canadian Dividends
(eligible) |
| Greater than $128,800 |
46.41% |
23.20% |
32.57% |
28.19% |
| Greater than $83,088 |
43.41% |
21.70% |
28.82% |
23.96% |
| Greater than $78,370 |
39.41% |
19.70% |
23.82% |
18.32% |
| Greater than $75,550 |
35.39% |
17.70% |
20.82% |
15.90% |
| Greater than $66,519 |
32.98% |
16.49% |
17.81% |
12.50% |
| Greater than $41,544 |
31.15% |
15.58% |
16.65% |
11.72% |
| Greater than $37,774 |
24.15% |
12.08% |
7.90% |
1.85% |
| Greater than $10,527 |
20.05% |
10.03% |
2.77% |
0.00% |
| Greater than $9,104 |
5.05% |
2.53% |
2.77% |
0.00% |
Marginal Personal Income Tax Rates - Ontario - 2010
| |
Salary & Interest |
Capital Gains |
Canadian Dividends
(non-eligible) |
Canadian Dividends
(eligible) |
| Greater than $127,021 |
46.41% |
23.20% |
32.57% |
26.57% |
| Greater than $81,941 |
43.41% |
21.70% |
28.82% |
22.25% |
| Greater than $76,986 |
39.41% |
19.70% |
23.82% |
16.49% |
| Greater than $74,214 |
35.39% |
17.70% |
20.82% |
14.02% |
| Greater than $65,344 |
32.98% |
16.49% |
17.81% |
10.55% |
| Greater than $40,970 |
31.15% |
15.58% |
16.65% |
9.76% |
| Greater than $37,106 |
24.15% |
12.08% |
7.90% |
3.96% |
| Greater than $10,382 |
20.05% |
10.03% |
2.77% |
0.00% |
| Greater than $8,943 |
5.05% |
2.53% |
2.77% |
0.00% |
Corporate Income Tax Rates
General
|
| 2010 |
2011 |
2012 |
|
Federal |
18.00% |
16.50% |
15.00% |
|
Ontario |
13.00% |
11.75% |
11.25% |
|
Combined |
31.00% |
28.25% |
26.25% |
Income eligible for small business deduction
|
|
2010 |
2011 |
2012 |
|
Federal |
11.00% |
11.00% |
11.00% |
|
Ontario |
5.00% |
4.50% |
4.50% |
|
Combined |
16.00% |
15.50% |
15.50% |
Investment Income
|
|
2010 |
2011 |
2012 |
|
Federal |
34.67% |
34.67% |
34.67% |
|
Ontario |
13.00% |
11.75% |
11.25% |
|
Combined |
47.67% |
46.42% |
45.92% |
Payroll Deduction Rates
|
|
2010 |
2011 |
|
|
EI Rate |
1.73% |
1.73% |
|
CPP Rate
($3,500/year Exemption) |
4.95% |
4.95% |
|
|
Federal TD1 Exemption |
$10,382 |
$10,527 |
|
|
Provincial TD1 Exemption |
$8,943 |
$9,104 |
|
|
WSIB Max. Earnings |
$77,600 |
$79,600 |
|
|
EHT Max. Exemption |
$400,000 |
$400,000 |
|
|
