Visualize your income tax brackets and see how income gets taxed at each level.
Tax Brackets · 2024
Ontario, Canada
Federal and provincial marginal rates. You only pay the higher rate on income that falls inside each bracket — not on your whole paycheck.
Federal · 2024
5 brackets · 15.0–33.0%15.0%
20.5%
Bracket 02
$55,867to$111,733
26.0%
Bracket 03
$111,733to$173,205
29.0%
Bracket 04
$173,205to$246,752
33.0%
Ontario · 2024
5 brackets · 5.05–13.2%5.05%
9.15%
Bracket 02
$51,446to$102,894
11.2%
Bracket 03
$102,894to$150,000
12.2%
Bracket 04
$150,000to$220,000
13.2%