( combined Federal & Ontario taxes )
2022 Basic Federal Exemption - $ 14,398
Tax Brackets
$ 14,399 -
$ 46,226 20.05 %
$ 46,227 -
$ 50,197 24.15 %
$ 50,198 -
$ 81,411
29.65 %
$ 81,412 -
$ 92,454 31.48 %
$ 92,455 -
$ 95,906 33.89 %
$ 95,907 - $ 100,392 37.91 %
$ 100,393
- $ 150,000 43.41 %
$ 150,001
- $ 155,625 44.97 %
$ 155,626
- $ 220,000 48.35 %
$ 220,001
- $ 221,708 49.91
%
$ 221,709
& over 53.53 %