Marginal Personal Tax Rates 2021

( 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%