|
Ontario 2019
|
|||
|
Taxable Income
|
Salary
|
Dividend
|
Capital Gains
|
|
$0 to $12,069
|
0%
|
0%
|
0%
|
|
12,070 to 47,630
|
21
|
9
|
11
|
|
47,631 to 95,259
|
32
|
26
|
16
|
|
95,260 to 147,667
|
44
|
38
|
22
|
|
147,668 to 210,371
|
48
|
44
|
24
|
|
over 210,371
|
54
|
47
|
27
|
Lower tax rates are not affected by moving to next level
| Other Limits |
2019
|
2018
|
Note
|
|
RRSP
|
26,500
|
26,230
|
18% * earned income
|
|
TFSA
|
6,000
|
5,500
|
cumulative 2018 max = $57,500
|
|
OAS Clawback
|
77,580
|
75,910
|
|
|
Capital Gains Exemption
|
866,912
|
848,252
|
Farm $1M
|
|
Ontario 2018
|
|||
|
Taxable Income
|
Salary
|
Dividend
|
Capital Gains
|
|
$0 to $11,809
|
0%
|
0%
|
0%
|
|
11,810 to 46,605
|
20
|
7
|
10
|
|
46,606 to 93,208
|
33
|
26
|
16
|
|
93,209 to 144,489
|
43
|
37
|
22
|
|
144,490 to 205,842
|
48
|
43
|
24
|
|
over 205,843
|
54
|
47
|
27
|