Personal Tax Rates
Taxable Income (2009) |
Salary (%) |
Dividend (%) |
|
|
|
$0 to $10,320 |
0 |
0 |
10,321 to 40,726 |
22 |
10 |
40,727 to 81,452 |
32 |
18 |
81,453 to 126,264 |
43 |
28 |
126,265 and up |
46 |
31 |
Lower tax rates are not affected by moving to next bracket.
Old Age Security: repayable if income > $66,335; lost when income exceeds $107K [2009]
CRA 2010 fact sheet http://www.cra-arc.gc.ca/nwsrm/fctshts/2009/m12/fs091215-eng.html