What are the Ontario provincial income tax rates for 2024?

5.05% (≤ CAD 51,446), 9.15% (CAD 51,447–102,894), 11.16% (CAD 102,895–150,000), 12.16% (CAD 150,001–220,000), 13.16% (> CAD 220,000).

What is the Ontario Health Premium?

The Ontario Health Premium is an additional provincial tax ranging from CAD 0 to CAD 900 per year, based on taxable income, paid alongside provincial income tax.

Canada Ontario Provincial Income Tax Calculator

Calculate Ontario provincial income tax for 2024: 5.05% on CAD 0–51,446; 9.15% on CAD 51,447–102,894; 11.16% on CAD 102,895–150,000; 12.16% on CAD 150,001–220,000; 13.16% above CAD 220,000. Ontario Health Premium up to CAD 900 per year also applies.

Principal ($)

Annual Rate (%)

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Compounding / Year

$ Finance Disclaimer: These calculators are for educational and illustrative purposes only. Results do not constitute financial advice. Consult a licensed financial advisor before making investment or borrowing decisions.

How to Use

Enter the values for the scenario you are assessing. Calculate Ontario provincial income tax for 2024: 5.05% on CAD 0–51,446; 9.15% on CAD 51,447–102,894; 11.16% on CAD 102,895–150,000; 12.16% on CAD 150,001–220,000; 13.16% above CAD 220,000. Ontario Health Premium up to CAD 900 per year also applies. Use the ontario provincial tax result to inform your calculation.

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