Ontario income tax calculator

This is income tax calculator for Ontario province residents for year 2015, 2014, 2013 and 2012. Current tax rates in Ontario and federal tax rates are listed below and check.


 
 
 
 
 
 
All numbers are rounded off to the nearest integer.

Here is list of free netfile software to file your tax return.

Ontario tax brackets and rates 2015

In 2015 tax brackets and Ontario personal basic amount were increased by 2%.

Basic personal amount for 2015 is $9,863.

Taxable income Rate
from 0 up to $40,922 5.05%
from $40,922 up to $81,847 9.15%
from $81,847 up to $150,000 11.16%
from $150,001 up to $220,000 12.16%
over $220,000 13.16%

Ontario surtax rates 2015

Ontario surtax brackets also were increased by 2% in 2015

Payable tax Rate
greater than $4,418 up to $5,654 20%
over $5,654 56% (20% + 36%)

Federal income tax rates in Canada for 2015

In 2015 Canadian federal income tax brackets and base amount were increased by ~1.7%.

Federal personal base amount is $11,327.

Taxable income Rate
0 – $44701 15.00%
$44702 – $89401 $5006.10 + 22.00% for income over $44701
$89402 – $138586 $14840.10 + 26.00% for income over $89401
over $138586 $27628.20 + 29.00% for income over $138586

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

4 thoughts on “Ontario income tax calculator

  1. I was out of work for the time of 3 months (October, November& December) in year 2015, and January, 2016 as to my family doctor’s examination to my “Shingles& Post Herpetic Neuralgia.” I am back to work with a severe painful condition because my apartment rent is higher than my monthly pension. Am I allowed for some disability tax deduction.

    Your early reply is kindly appreciated

    Yours truly,

    Mamdouh Noshy

  2. Hi
    I am moving to Ontario from the UK next year
    If I plug in the amount I will get paid in the calculator above, is the bottom number what I will actually get over the year or are there other taxes to pay in Canada. I am trying to work out how much I will earn roughly after tax each month

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