Ontario tax brackets 2023 - Combined tax brackets Ontario

Federal Tax Brackets Ontario 2023 - Chart With Taxable Income and Federal Tax Brackets Rates in Ontario

The table below displays the Federal tax brackets in Ontario for 2023 based on your annual income.

Ontario Federal Tax Rates - 2023
Taxable Income Federal Tax Rate
Up to 53,359 15%
From 53,360 to 106,716 20.50%
From 106,717 to 165,429 26%
From 165,430 to 235,674 29%
Above 235,675 33%

Provincial Tax Brackets Ontario 2023 - Chart With Taxable Income and Provincial Tax Brackets Rates in Ontario

The table below displays the Provincial tax brackets in Ontario for 2023 based on your annual income.

Ontario Provincial Tax Rates - 2023
Taxable Income Provincial Tax Rate
Up to 49,231 5.05%
From 49,232 to 98,462 9.15%
From 98,463 to 149,999 11.16%
From 150,000 to 219,999 12.16%
Above 220,000 13.16%