Canadian Tax Calculators

Canadian provincial and territorial income tax calculators

Ontario income tax calculator 2014

This is Ontario income tax calculator for Ontario province residents in 2014, 2013 or 2012 years. Latest Ontario tax brackets and federal tax rates are listed below.

 
 
 
 
 
 

All numbers are rounded off to the nearest integer.

Use appropriate software from this list to file your tax return.

Ontario tax brackets and rates 2014

In 2014 tax brackets and Ontario personal basic amount was increased by 1%.

Basic personal amount for 2014 is $9,670

In 2014 also were changed tax brackets in Ontario province and people with earnings between $150,000 and $220,000 have tax rate increase from 11.16% to 12.16%.

Taxable incomeRate
from 0 up to $40,120 5.05%
from $40,121 up to $80,242 9.15%
from $80,243 up to $150,000 11.16%
from $150,001 up to $220,000 12.16%
over $220,000 13.16%

Ontario surtax rates 2014

Ontario surtax brackets also were increased by 1% in 2014

Payable taxRate
greater than $4,331 up to $5,543 20%
over $5,543 56% (20% + 36%)

Federal income tax rates for 2014

In 2014 all income tax brackets and base amount were increased by ~1%

Taxable incomeRate
0 - $43,953 15.00%
$43,954 - $87,907 $4,922 + 22.00% for income over $43,954
$87,908 - $136,270 $14,592 + 26.00% for income over $87,907
over $136,270 $27,167 + 29.00% for income over $136,270

Historical Ontario tax brackets are listed here and historical federal tax brackets and rates can be found here.