Individual Income Tax Rates - 2025

Tax Brackets

 

Surtax

Surtax

From

To

Tax Rates

Threshold

Rate

Federal
$ 14,539
$ 57,375
15.0%
(note 1)
$ 57,376
$ 114,750
20.5%
$ 114,751
$ 177,882
26.0%
$ 177,883
$ 253,414
29.0%
$ 253,415
33.0%
 
Ontario
$ 12,748
$ 52,886
5.05%
$ 52,887
$ 105,775
9.15%
$ 5,710
20.0%
$ 105,776
$ 150,000
11.16%
$ 7,307
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.

 

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%
47.74%

 

Home | Contact Us | About Us | Taxation| Accounting | Business Advisory | Links | Site Map