|
|
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% |
Marginal Personal Income Tax Rates - Ontario - 2009
| |
Salary & Interest |
Capital Gains |
Canadian Dividends
(non-eligible) |
Canadian Dividends
(eligible) |
| Greater than $126,264 |
46.41% |
23.20% |
31.34% |
23.06% |
| Greater than $81,452 |
43.41% |
21.70% |
27.59% |
18.71% |
| Greater than $76,442 |
39.41% |
19.70% |
22.59% |
12.91% |
| Greater than $73,698 |
35.39% |
17.70% |
19.88% |
10.94% |
| Greater than $64,881 |
32.98% |
16.49% |
16.86% |
7.45% |
| Greater than $40,726 |
31.15% |
15.58% |
15.86% |
6.94% |
| Greater than $36,848 |
24.15% |
12.08% |
7.11% |
2.54% |
| Greater than $10,320 |
21.05% |
10.53% |
3.23% |
0.00% |
| Greater than $8,881 |
6.05% |
3.02% |
3.23% |
0.00% |
Corporate Income Tax Rates
General
|
| 2009 |
2010 |
2011 |
|
Federal |
19.00% |
18.00% |
16.50% |
|
Ontario |
14.00% |
13.00% |
11.75% |
|
Combined |
33.00% |
31.00% |
28.25% |
Income eligible for small business deduction
|
|
2009 |
2010 |
2011 |
|
Federal |
11.00% |
11.00% |
11.00% |
|
Ontario |
5.50% |
5.00% |
4.50% |
|
Combined |
16.50% |
16.00% |
15.50% |
Investment Income
|
|
2009 |
2010 |
2011 |
|
Federal |
34.67% |
34.67% |
34.67% |
|
Ontario |
14.00% |
13.00% |
11.75% |
|
Combined |
48.67% |
47.67% |
46.42% |
Payroll Deduction Rates
|
|
2009 |
2010 |
|
|
EI Rate |
1.73% |
1.73% |
|
CPP Rate
($3,500/year Exemption) |
4.95% |
4.95% |
|
|
Federal TD1 Exemption |
$10,320 |
$10,382 |
|
|
Provincial TD1 Exemption |
$8,881 |
$8,943 |
|
|
WSIB Max. Earnings |
$74,600 |
$77,600 |
|
|
EHT Max. Exemption |
$400,000 |
$400,000 |
|
|
