Ontario Canada Income Tax Brackets 2024. Your tax rate will vary by how much income you declare at the end of the year on your t1 general income tax return and where you live in canada. Estimate your 2023 tax refund or taxes owed, and check provincial tax rates in ontario.
The ontario tax brackets and personal tax credit amounts are increased for 2025 by an indexation factor of 1.028 (2.8% increase), except for the $150,000 and $220,000 bracket amounts,. There are five tax brackets: