2019 Individual Income Tax Rates

Tax Brackets

 

Surtax

Surtax

From

To

Tax Rates

Threshold

Rate

Federal
$ 12,070
$ 47,630
15.0%
(note 1)
$ 47,631
$ 95,259
20.5%
$ 95,260
$ 147,667
26.0%
$ 147,668
$ 210,371
29.0%
$ 210,372
33.0%
 
Ontario
$ 10,583
$ 43,906
5.05%
$ 43,907
$ 87,813
9.15%
$ 4,740
20.0%
$ 87,814
$ 150,000
11.16%
$ 6,067
36.0%
$ 150,001
$ 220,000
12.16%
$ 220,001
13.16%
Note 1:The Ontario surtax rate applies to Ontario tax exeeding the threshold amount.

 

2019 Combined Federal and Ontario Top
Marginal Tax Rates for Individuals

Interest and Regular Income
Capital Gains
Eligible Dividends
Non-eligible Dividends
53.53%
26.77%
39.34%
47.40%

 

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