| Ontario | |
| Combined Federal & Provincial tax rates | |
| 2021 Taxable Income | Tax Rate |
| $0 - $10,880 | 0% |
| $10,881 - $13,808 | 5.05% |
| $13,809 - $45,142 | 20.05% |
| $45,143 - $49,020 | 24.15% |
| $49,021 - $79,505 | 29.65% |
| $79,506 - $90,287 | 31.48% |
| $90,288 - $93,655 | 33.89% |
| $93,655 - $98,040 | 37.91% |
| $98,041 - $150,000 | 43.41% |
| $150,001 - $151,978 | 44.97% |
| $151,979 - $216,511 | 48.29% |
| $216,511 - $220,000 | 51.97% |
| Over $220,000 | 53.53% |
* Approximates tax payable given basic federal and provincial personal credits
Ontario Basic Personal Amount 2021: $10,880
Federal Basic Personal Amount 2021: $13,808
| CPP & OAS | Max | |
| Max CPP annual contribution for 2021 - 5.45%: Max EI annual contribution for 2021 - 1.58%: | $3,166.45 $889.54 | $61,600 Max Pensionable Earnings $56,300 Max Insurable Earnings |
| Max CPP monthly benefit payment for 2021: Max OAS monthly benefit payment for 2021: | $1,203.75 $615.37 |
For tax rates of other provinces, click here. This is a website from Ernst & Young that has great tax calculators for all provinces.
To calculate the refund you will get from an RSP contribution, check out this nifty RSP tax calculator from Ernst & Young.
