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

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 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