COVID-19 Update

Ontario Tax Information

Ontario
Combined Federal & Provincial tax rates
2021 Taxable IncomeTax Rate
$0 - $10,8800%
$10,881 - $13,8085.05%
$13,809 - $45,14220.05%
$45,143 - $49,02024.15%
$49,021 - $79,50529.65%
$79,506 - $90,28731.48%
$90,288 - $93,65533.89%
$93,655 - $98,04037.91%
$98,041 - $150,00043.41%
$150,001 - $151,97844.97%
$151,979 - $216,51148.29%
$216,511 - $220,00051.97%
Over $220,00053.53%

* 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 & OASMax
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.