The tax rates in Ontario for 2025 are progressive and depend on your taxable income. The Ontario provincial tax rates are:
- 5.05% on the first $52,886 of taxable income
- 9.15% on income over $52,886 up to $105,775
- 11.16% on income over $105,775 up to $150,000
- 12.16% on income over $150,000 up to $220,000
- 13.16% on income over $220,000
In addition to provincial taxes, federal taxes also apply with their own brackets. You calculate your total tax by combining both federal and provincial taxes. This means the effective tax rate increases as your income increases, based on these brackets. For example, for taxable income up to $52,886, you pay 5.05% provincial tax plus 15% federal tax.