Taxable | Fed. Tax | Prov. Tax | Total Tax(%) | Taxes Paid(%) | Capital Gains(%) | Eligible Dividend | Non-Eligible |
|---|---|---|---|---|---|---|---|
| 0-40,707 | 15 | 5.06 | 20.06 | 8,165 | 10.03 | -9.60 | 10.43 |
| 40,707-47,630 | 15 | 7.70 | 22.70 | 9,736 | 11.35 | -5.96 | 13.47 |
47,630-81,416 | 20.5 | 7.70 | 28.20 | 19,264 | 14.10 | 1.63 | 19.80 |
| 81,416-93,476 | 20.5 | 10.50 | 31.00 | 23,002 | 15.50 | 5.49 | 23.02 |
| 93,476-95,259 | 20.5 | 12.29 | 32.79 | 23,587 | 16.40 | 7.96 | 25.07 |
| 95,259-113,506 | 26 | 12.29 | 38.29 | 30,574 | 19.15 | 15.55 | 31.40 |
| 113,506-147,667 | 26 | 14.70 | 40.70 | 44,477 | 20.35 | 18.88 | 34.17 |
| 147,667-153,900 | 29 | 14.70 | 43.70 | 47,200 | 21.85 | 23.02 | 37.62 |
| 153,900-210,371 | 29 | 16.80 | 45.80 | 73,064 | 22.90 | 25.92 | 40.04 |
| Over 210,371 | 33 | 16.80 | 49.80 | 24.90 | 31.44 | 44.64 |
Tax Credits
Personal Tax Credit
- Federal 12,069 x 15% = 1,810
- Provincial 10,682 x 5.06% = 540
Spousal
- Federal 12,069 x 15% = 1,810
- Provincial 9,147 x 5.06% = 463
Age 65+ (less than 37,790)
- Federal 7,494 x 15% = 1,124
- Provincial 4,791 x 5.06% = 242
OAS Clawback
- Starts at 77,580
Other Items
CPP & OAS Rates
- Max CPP $1,134.17/mo.
- Max OAS $ 601.45/mo.
RRSP Contrib. Limits
- $26,500