Personal Tax Rates
Ontario 2026
Marginal tax rates by taxable income
| Taxable Income | Salary | Non-eligible Dividend | Capital Gains |
|---|---|---|---|
| $0 to $58,523 | 20% | 9% | 10% |
| $58,524 to $117,045 | 30% | 26% | 15% |
| $117,046 to $181,440 | 43% | 36% | 22% |
| $181,441 to $258,482 | 48% | 42% | 24% |
| Over $258,482 | 54% | 48% | 27% |
Basic tax credit: $16,452 (available if income below $181K)
Lower tax rates are not affected by moving to the next level.
Other limits
| Limit | 2026 | 2025 | Note |
|---|---|---|---|
| RRSP | $33,810 | $32,490 | 18% * earned income |
| TFSA | $7,000 | $7,000 | Cumulative 2026 max = $109,000 |
| OAS Clawback | $95,323 | $93,454 | – |
| Capital Gains Exemption | $1,250,000 | $1,250,000 | – |