Personal Income Tax

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.

The government has passed legislation to create a new high-income tax bracket on taxable income over $500,000. The rate will be set at 12.16 per cent for 2012 and 13.16 per cent for 2013 and subsequent years. For more information, see the Deficit-Fighting High-Income Tax Bracket backgrounder.

Taxable Income Brackets

	2011	2012	2013
1st income bracket	Up to $37,774	Up to $39,020	Up to $39,723
2nd income bracket	Greater than $37,774 up to $75,550	Greater than $39,020 up to $78,043	Greater than $39,723 up to $79,448
3rd income bracket	Greater than $75,550	Greater than $78,043 up to $500,000	Greater than $79,448 up to $509,000
4th income bracket		Greater than $500,000	Greater than $509,000

Tax Rates

	2011	2012	2013
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%

Amounts Relating to Non-Refundable Tax Credits

	2011	2012	2013
Basic Personal Amount	$9,104	$9,405	$9,574
Spouse or Common-law Partner Amount, maximum	$7,730	$7,986	$8,129
Amount for eligible dependant, maximum	$7,730	$7,986	$8,129
Caregiver Amount, maximum	$4,291	$4,433	$4,513
Caregiver Amount, Dependant's net income threshold	$18,972	$19,598	$19,951
Amount for Infirm Dependant, maximum	$4,292	$4,433	$4,513
Amount for Infirm Dependant, Dependant's net income threshold	$10,391	$10,734	$10,927
Age Amount, maximum	$4,445	$4,592	$4,674
Pension Income Amount, maximum	$1,259	$1,300	$1,324
Adoption Expenses, maximum	$11,107	$11,474	$11,680
Disability Amount	$7,355	$7,598	$7,735
Disability Supplement, maximum	$4,290	$4,432	$4,511
Full-time Education Amount (per month)	$490	$506	$515
Part-time Education Amount (per month)	$147	$151	$154
Transfer limit – tuition/education amounts	$6,295	$6,503	$6,620
Medical expense claimed must exceed	Lesser of $2,061 and 3% of net income	Lesser of $2,128 and 3% of net income	Lesser of $2,167 and 3% of net income
Medical expense of dependant, maximum	$11,107	$11,474	$11,680
Donations and gifts, first $200	5.05%	5.05%	5.05%
Donations and gifts, amount exceeding $200	11.16%	11.16%	11.16%

Two-tier Surtax

	2011	2012	2013
	(Per cent of basic Ontario tax)
1st tier basic tax range (rate %)	Greater than $4,078 up to $5,219 (20%)	Greater than $4,213 up to $5,392 (20%)	Greater than $4,289 up to $5,489 (20%)
2nd tier basic tax range (rate %)	Greater than $5,219 (56%)	Greater than $5,392 (56%)	Greater than $5,489 (56%)

Ontario Tax Reduction

	2011	2012	2013
Basic reduction	$210	$217	$221
Reduction for each child or disabled/infirm dependant	$389	$401	$409

Political Contribution Tax Credit

	2011	2012	2013
1st contribution level	Up to $372	Up to $372	Up to $372
2nd contribution level	Greater than $372 up to $1,240	Greater than $372 up to $1, 240	Greater than $372 up to $1,240
3rd contribution level	Greater than $1,240	Greater than $1,240	Greater than $1,240

Dividend Tax Credit

	2011	2012	2013
Eligible dividends	6.40%	6.40%	6.40%
Other dividends from taxable Canadian corporations	4.50%	4.50%	4.50%

Alternative Minimum Tax

	2011	2012	2013
Alternative Minimum Tax	33.67%	33.67%	33.67%

ONTARIO TRILLIUM BENEFIT

Ontario Trillium Benefit - Ontario Energy & Property Tax Credit

	2011	2012	2013
Amount of tax credit, non-senior
Maximum amount	$917	$946	$963
Benefit reduction threshold if single and have no eligible children, 2% reduction over	$20,360	$21,032	$21,410
Benefit reduction threshold for families (including single parents), 2% reduction over	$25,450	$26,290	$26,763
Amount of tax credit, senior
Maximum amount	$1,044	$1,078	$1,097
Benefit reduction threshold if single and have no eligible children, 2% reduction over	$25,450	$26,290	$26,763
Benefit reduction threshold for families (including single parents), 2% reduction over	$30,540	$31,548	$32,116

Ontario Trillium Benefit - Ontario Sales Tax Credit

	2011	2012	2013
Maximum amount per individual	$265	$273	$278
Benefit reduction threshold if single and have no eligible children, 4% reduction over	$20,360	$21,032	$21,410
Benefit reduction threshold for families (including single parents), 4% reduction over	$25,450	$26,290	$26,763

Ontario Trillium Benefit - Northern Ontario Energy Credit

	2011	2012	2013
Maximum amount if single and have no eligible children	$132	$137	$139
Benefit reducion threshold if single and have no eligible children, 1% reduction over	$35,630	$36,806	$37,468
Maximum amount for families (including single parents)	$204	$210	$214
Benefit reduction threshold for families (including single parents), 1% reduction over	$45,810	$47,322	$48,174

Children's Activity Tax Credit

	2011	2012	2013
Maximum eligible expenses	$509	$526	$535
Maximum credit for a child without a disability	$50.90	$52.60	$53.50
Maxium credit for a child with a disability	$101.80	$105.20	$107

Ontario Child Benefit

	2011	2012	2013
Maximum per child under age 18	$1,100	$1,100	$1,100
Benefit reduction threshold, 8% reduction over	$20,000	$20,000	$20,000

Healthy Homes Renovation Tax Credit

	2011	2012	2013
Maximum eligible expenses (including expenses from October 1, 2011 for 2012		$10,000	$10,000
Maximum credit		$1,500	$1,500

Ontario Senior Homeowners' Property Tax Grant

	2011	2012	2013
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