For an explanation of these rates and credits, please refer to the federal and provincial personal income tax return for the applicable year. To obtain a copy of the return you may contact the Canada Revenue Agency (CRA) at 1 800 959-2221 or visit the CRA website.
| 2007 | 2008 | 2009 | |
|---|---|---|---|
| Taxable Income Brackets | |||
| 1st income bracket | Less than $35,488 | Less than $36,020 | Less than $36,848 |
| 2nd income bracket | From $35,488 to $70,976 | From $36,020 to $72,041 | From $36,848 to $73,698 |
| 3rd income bracket | Greater than $70,976 | Greater than $72,041 | Greater than $73,698 |
| Tax Rates | |||
| 1st income bracket | 6.05% | 6.05% | 6.05% |
| 2nd income bracket | 9.15% | 9.15% | 9.15% |
| 3rd income bracket | 11.16% | 11.16% | 11.16% |
| Non-Refundable Tax Credits | |||
| Basic Personal Amount | $8,553 | $8,681 | $8,881 |
| Spouse or Common-law Partner Amount, maximum | $7,262 | $7,371 | $7,541 |
| Amount for eligible dependant, maximum | $7,262 | $7,371 | $7,541 |
| Caregiver Amount, maximum | $4,031 | $4,092 | $4,186 |
| Dependant's net income threshold | $17,823 | $18,091 | $18,507 |
| Amount for Infirm Dependant, maximum | $4,031 | $4,091 | $4,186 |
| Dependant's net income threshold | $9,762 | $9,908 | $10,136 |
| Age Amount, maximum | $4,176 | $4,239 | $4,336 |
| Pension Income Amount, maximum | $1,183 | $1,201 | $1,228 |
| Adoption Expenses, maximum | $10,435 | $10,591 | $10,835 |
| Disability Amount | $6,910 | $7,014 | $7,175 |
| Disability Supplement, maximum | $4,031 | $4,091 | $4,185 |
| Full-time Education Amount (per month) | $461 | $468 | $478 |
| Part-time Education Amount (per month) | $138 | $140 | $143 |
| Transfer limit – tuition/education amounts | $5,914 | $6,003 | $6,141 |
| Medical expense threshold | $1,936 | $1,965 | $2,010 |
| Medical expense of dependant, maximum | $10,435 | $10,591 | $10,835 |
| Two-tier Surtax (% of basic Ontario tax) |
|||
| 1st tier basic tax range (rate %) |
From $4,100 to $5,172 (20%) |
From $4,162 to 5,249 (20%) |
From $4,257 to $5,370 (20%) |
| 2nd tier basic tax range (rate %) |
Greater than $5,172 (56%) |
Greater than $5,249 (56%) |
Greater than $5,370 (56%) |
| Ontario Tax Reduction | |||
| Basic reduction | $198 | $201 | $205 |
| Reduction for child or disabled/infirm dependant | $365 | $370 | $379 |
| Political Contribution Tax Credit | |||
| 1st contribution level | $336 | $336 | $372 |
| 2nd contribution level | $1,120 | $1,120 | $1,240 |
| Dividend Tax Credit | |||
| Eligible dividends | 6.70% | 7.00% | 7.40% |
| Other dividends from taxable Canadian corporations | 5.13% | 5.13% | 5.13% |
| Alternative Minimum Tax (AMT) | 40.33% | 40.33% | 40.33% |
