Ontario 2018

Taxable Income

Salary

Dividend

Capital Gains

$0 to $11,809

0%

0%

0%

11,810 to 46,605

23

11

12

46,606 to 93,208

32

18

16

93,209 to 144,489

43

34

22

144,490 to 205,842

48

38

24

over 205,843

54

45

27

Lower tax rates are not affected by moving to next level

 

 Other Limits

2018

2017

Note

RRSP

26,230

26,010

18% * earned income

TFSA

5,500

5,500

cumulative 2018 max = $57,500

OAS Clawback

75,910

74,789

Capital Gains Exemption

848,252

835,716

Farm $1M

 

Ontario 2017

Taxable Income

Salary

Dividend

Capital Gains

$0 to $11,636

0%

0%

0%

11,636 to 45,916

23

11

12

45,917 to 91,831

32

18

16

91,832 to 142,353

43

34

22

142,354 to 202,800

48

38

24

over 202,800

54

45

27