Canadian tax brackets 2024Ontario

Federal and Ontario provincial income tax brackets and combined marginal tax rates for 2024.

Federal

  • Over $0: 15.0%
  • Over $53,359: 20.5%
  • Over $106,717: 26.0%
  • Over $165,430: 29.0%
  • Over $235,675: 33.0%

Ontario

  • Over $0: 5.05%
  • Over $51,446: 9.15%
  • Over $102,894: 11.16%
  • Over $150,000: 12.16%
  • Over $220,000: 13.16%

RRSP calculator uses these brackets to estimate refunds.