|
Ontario 2022
|
|||
|
Taxable Income
|
Salary
|
Non-eligible
Dividend
|
Capital Gains
|
|
$0 to $14,398
|
0%
|
0%
|
0%
|
|
14,399 to 50,196
|
20
|
10
|
11
|
|
50,197 to 100,391
|
32
|
26
|
16
|
|
100,392 to 155,624
|
43
|
36
|
22
|
|
155,625 to 221,707
|
48
|
42
|
24
|
|
over 221,707
|
54
|
48
|
27
|
Lower tax rates are not affected by moving to the next level.
| Other Limits |
2021
|
2022
|
Note
|
|
RRSP
|
27,830
|
29,210
|
18% * earned income
|
|
TFSA
|
6,000
|
6,000
|
cumulative 2022 max = $81,500
|
|
OAS Clawback
|
79,845
|
81,761
|
|
|
Capital Gains Exemption
|
892,218
|
913,630
|
Farm $1M
|