Ontario Tax Rates

Ontario Tax Rates 2014 2015
5.05% Tax applies to income under $40,120 $40,922
9.15% Tax applies to income between $40,120 and $80,242 $40,922 and $81,847
11.16% Tax applies to income between $80,242 and $150,000 $81,847 and $150,000
12.16% Tax rates apply to income above $509,000 $150,000 and $220,000
13.16% Tax rates apply to income above $509,000 $220,000

Ontario Non-Refundable Tax Credit

 Ontario Non-Refundable Tax Credits 2014 2015
Basic Personal Amount $9,670 $9,863
Spousal/Eligible Dependent amount: $8,211 $8,375
Age (65 or older by end of taxation year) $4,721 $4,815
Disability Credit $7,812 $7,968
Disability Supplement $4,557 $4,648
Caregiver credit $4,557 $4,648
Infirm Dependant Credit $4,558 $4,649
Pension Credit $1,337 $1,364
Tuition Credit Actual Actual
Education    
Full-time student $520/month $531/month
Part-time student $156/month $159/month