|
Ontario 2021
|
|||
|
Taxable Income
|
Salary
|
Non-eligible
Dividend
|
Capital Gains
|
|
$0 to $13,808
|
0%
|
0%
|
0%
|
|
13,809 to 49,020
|
20
|
10
|
11
|
|
49,021 to 98,040
|
32
|
26
|
16
|
|
98,041 to 151,978
|
43
|
36
|
22
|
|
151,979 to 216,511
|
48
|
42
|
24
|
|
over 216,511
|
54
|
48
|
27
|
Lower tax rates are not affected by moving to next level
| Other Limits |
2021
|
2020
|
Note
|
|
RRSP
|
27,830
|
27,230
|
18% * earned income
|
|
TFSA
|
6,000
|
6,000
|
cumulative 2021 max = $75,500
|
|
OAS Clawback
|
79,845
|
79,054
|
|
|
Capital Gains Exemption
|
892,218
|
883,384
|
Farm $1M
|