( combined Federal & Ontario taxes )
2021 Basic Federal Exemption - $ 13,808
Tax Brackets
$
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 %
$
93,656 - $
98,040 37.91 %
$
98,041 - $ 150,000 43.41
%
$ 150,001
- $ 151,978 44.97 %
$ 151,979
- $ 216,511 48.19 %
$ 216,512
- $ 220,000 51.97 %
$ 220,001
& over
53.53%