Ontario Tax Brackets 2026

Complete guide to federal and provincial tax rates, income thresholds, and how tax brackets work in Ontario.

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Federal Tax Brackets 2026

Taxable IncomeTax Rate
$0 - $55,86715%
$55,867 - $111,73320.5%
$111,733 - $173,20526%
$173,205 - $246,75229%
$246,752 - and above33%

Ontario Provincial Tax Brackets 2026

Taxable IncomeTax Rate
$0 - $51,4465.05%
$51,446 - $102,8949.15%
$102,894 - $150,00011.16%
$150,000 - $220,00012.16%
$220,000 - and above13.16%

How Tax Brackets Work

Tax brackets are progressive, which means you don't pay the highest rate on all your income. Instead, you pay different rates on different portions of your income.

Example: $75,000 Income

  • • First $55,867 taxed at 15% = $8,380
  • • Remaining $19,133 taxed at 20.5% = $3,922
  • • Total federal tax = $12,302

Plus provincial tax calculated the same way using Ontario's brackets.

Frequently Asked Questions

What are the Ontario tax brackets for 2026?

Ontario has 5 provincial tax brackets ranging from 5.05% to 13.16%, plus 5 federal tax brackets ranging from 15% to 33%.

How do tax brackets work?

Tax brackets are progressive, meaning you only pay the higher rate on income above each threshold. You don't pay the top rate on all your income.

When do tax brackets change?

Tax brackets are typically adjusted annually for inflation. The federal government announces changes in the fall budget, while provinces may adjust their brackets independently.

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