Income Tax Calculator – Ontario resident 2016

Income Tax Calculator – Ontario resident

Our simple yet informative calculator will deliver a quick estimate of your annual taxes, marginal tax rates on various forms of income, and net take-home in seconds. If your income is in excess of $200k take note of the potential tax savings highlighted in the bottom section.

Calculations are approximate and do not include non-refundable tax credits other than the basic personal tax credit and dividend tax credit (if applicable). Rates are updated as of July 2016.