Personal Income Tax

Ontario Tax Rates and Credits

For an explanation of these rates and credits, please refer to the federal and provincial personal income tax return for the applicable year. To obtain a copy of the return you may contact the Canada Revenue Agency (CRA) at 1 800 959-2221 or visit the CRA website.

Taxable Income Brackets
  2012 2013 2014
1st income bracket Up to $39,020 Up to $39,723 Up to $40,120
2nd income bracket Greater than $39,020
up to $78,043
Greater than $39,723
up to $79,448
Greater than $40,120
up to $80,242
3rd income bracket Greater than $78,043
up to $500,000
Greater than $79,448
up to $509,000
Greater than $80,242
up to $514,090
4th income bracket Greater than $500,000 Greater than $509,000 Greater than $514,090
Tax Rates
  2012 2013 2014
1st income bracket 5.05% 5.05% 5.05%
2nd income bracket 9.15% 9.15% 9.15%
3rd income bracket 11.16% 11.16% 11.16%
4th income bracket 12.16% 13.16% 13.16%
Amounts Relating to Non-Refundable Tax Credits
  2012 2013 2014
Basic Personal Amount $9,405 $9,574 $9,670
Spouse or Common-law Partner Amount, maximum $7,986 $8,129 $8,211
Amount for eligible dependant, maximum $7,986 $8,129 $8,211
Caregiver Amount, maximum $4,433 $4,513 $4,557
Caregiver Amount, Dependant's net income threshold $19,598 $19,951 $20,150
Amount for Infirm Dependant, maximum $4,433 $4,513 $4,558
Amount for Infirm Dependant, Dependant's net income threshold $10,734 $10,927 $11,036
Age Amount, maximum $4,592 $4,674 $4,721
Pension Income Amount, maximum $1,300 $1,324 $1,337
Adoption Expenses, maximum $11,474 $11,680 $11,797
Disability Amount $7,598 $7,735 $7,812
Disability Supplement, maximum $4,432 $4,511 $4,557
Full-time Education Amount (per month) $506 $515 $520
Part-time Education Amount (per month) $151 $154 $156
Transfer limit – tuition/education amounts $6,503 $6,620 $6,686
Medical expense claimed in excess of Lesser of $2,128 and 3% of net income Lesser of $2,167 and 3% of net income Lesser of $2,188 and 3% of net income
Medical expense of dependant, maximum $11,474 $11,680 $11,797
Donations and gifts, first $200 5.05% 5.05% 5.05%
Donations and gifts, amount exceeding $200 11.16% 11.16% 11.16%
Alternative Minimum Tax
  2012 2013 2014
Alternative Minimum Tax 33.67% 33.67% 33.67%
Two-tier Surtax
  2012 2013 2014
(Per cent of basic Ontario tax)
1st tier basic tax range (rate %) Greater than $4,213
up to $5,392
(20%)
Greater than $4,289
up to $5,489
(20%)
Greater than
$4,331
up to $5,543
(20%)
2nd tier basic tax range (rate %) Greater than $5,392
(56%)
Greater than $5,489
(56%)
Greater than
$5,543
(56%)
Ontario Tax Reduction
  2012 2013 2014
Basic reduction $217 $221 $223
Reduction for each child or disabled/infirm dependant $401 $409 $413
Political Contribution Tax Credit
  2012 2013 2014
1st contribution level
(credit rate)
Up to $372
75%
Up to $372
75%
Up to $399
75%
2nd contribution level
(credit rate)
Greater than $372
up to $1,240
50%
Greater than $372
up to $1, 240
50%
Greater than $399
up to $1,330
50%
3rd contribution level
(credit rate)
Greater than $1,240
33.33%
Greater than $1,240
33.33%
Greater than $1,330
33.33%
Maximum credit $1,240 $1,240 $1,330
Dividend Tax Credit
  2012 2013 *2014
Eligible dividends 6.40% 6.40% 10.00%
Other than eligible dividends from taxable Canadian corporations 4.50% 4.50% 4.50%
*Indicates tax credit rates for 2014 as proposed in the 2013 Fall Economic Statement. These rates are subject to legislative approval.
Children's Activity Tax Credit
  2012 2013 2014
Maximum eligible expenses $526 $535 $541
Maximum credit for a child without a disability $52.60 $53.50 $54.10
Maxium credit for a child with a disability $105.20 $107 $108.20
Healthy Homes Renovation Tax Credit
  *2012 2013 2014
Maximum eligible expenses
*Includes eligible expenses from October 1, 2011 to December 31, 2012
$10,000 $10,000 $10,000
Maximum credit $1,500 $1,500 $1,500
Ontario Senior Homeowners' Property Tax Grant
  2012 2013 2014
Maximum per senior or senior couple $500 $500 $500
Benefit reduction threshold for single seniors,
3.33% reduction over
$35,000 $35,000 $35,000
Benefit reduction threshold for senior couples,
3.33% reduction over
$45,000 $45,000 $45,000

Ontario Trillium Benefit

Ontario Trillium Benefit - Ontario Energy & Property Tax Credit
Benefit period July to June
  2012 2013 2014
Amount of tax credit, non-senior
Maximum amount per household $946 $963 $973
Benefit reduction threshold if single and have no eligible children, 2% reduction over $21,032 $21,410 $21,625
Benefit reduction threshold for families (including single parents), 2% reduction over $26,290 $26,763 $27,031
Amount of tax credit, senior
Maximum amount per household $1,078 $1,097 $1,108
Benefit reduction threshold if single and have no eligible children, 2% reduction over $26,290 $26,763 $27,031
Benefit reduction threshold for families (including single parents), 2% reduction over $31,548 $32,116 $32,437
Ontario Trillium Benefit - Ontario Sales Tax Credit
Benefit period July to June
  2012 2013 2014
Maximum amount per individual $273 $278 $281
Benefit reduction threshold if single and have no eligible children, 4% reduction over $21,032 $21,410 $21,625
Benefit reduction threshold for families (including single parents), 4% reduction over $26,290 $26,763 $27,031
Ontario Trillium Benefit - Northern Ontario Energy Credit
Benefit period July to June
  2012 2013 2014
Maximum amount if single and have no eligible children $137 $139 $141
Benefit reduction threshold if single and have no eligible children, 1% reduction over $36,806 $37,468 $37,843
Maximum amount for families (including single parents) $210 $214 $216
Benefit reduction threshold for families (including single parents), 1% reduction over $47,322 $48,174 $48,655
Ontario Child Benefit
Benefit period July to June
  2012 2013 2014
Maximum per child under age 18 $1,100 $1,210 $1,310
Benefit reduction threshold, 8% reduction over $20,000 $20,000 $20,000
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