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Ontario 2025
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Taxable Income
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Salary
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Non-eligible
Dividend
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Capital Gains
< $250K >$250K
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|
$0 to $57,375
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21%
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10%
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11% 14%
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|
57,376 to 114,750
|
32
|
26
|
16 21
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|
114,751 to 177,882
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43
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36
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22 28
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|
177,883 to 253,414
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48
|
42
|
24 32
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|
over 253,415
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54
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48
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27 36
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Basic tax credit: $16,129 (available if income below $177K)
Lower tax rates are not affected by moving to the next level.
Link to Personal Tax Calculator
| Other Limits |
2025
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2024
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Note
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RRSP
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32,490
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31,560
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18% * earned income
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|
TFSA
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7,000
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7,000
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cumulative 2025 max = $102,000
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|
OAS Clawback
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93,454
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90,997
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Capital Gains Exemption
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1,250,000
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1,250,000
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