Provincial Tax Amounts
Combined Federal & Ontario Provincial tax rate
2016 Taxable IncomeTax Rate
$0 – $10,011
$10,012 – $11,474
$11,475 – $41,536
$41,537 – $45,282
$45,283 – $73,145
$73,146 – $83,075
$83,076 – $86,176
$86,177 – $90,563
$90,564 – $140,388
$140,389 – $150,000
$150,001 – $200,000
$200,001 – $220,000
Over $220,000
0%
5.05%
20.05%
24.15%
29.65%
31.48%
33.89%
37.91%
43.41%
46.41%
47.97%
51.97%
53.53%
* Approximates tax payable given basic federal and provincial personal credits
Ontario Basic Personal Amount 2016: $10,011
Federal Basic Personal Amount 2016: $11,474
CPP & OAS
Max CPP annual contribution for 2016 – 4.95%: $2,544
Max EI annual contribution for 2016 – 1.88%: $955
Max CPP monthly benefit payment for 2016: $1,093
Max OAS monthly benefit payment for 2016: $571
Max
$54,900 Max Pensionable Earnings
$50,800 Max Insurable Earnings
