GMFSI • CANADIAN TAX PLANNING
Marginal Tax Rate Calculator
See how much of your next $100 you could keep after estimated income tax, how the Ontario Health Premium affects your marginal rate, and what changes when you compare two taxable incomes.
Enter taxable income between $30,000 and $100 million.
Combined marginal tax rate
Your next $100
The $100 calculation accounts for any bracket or premium threshold crossed within that amount.Compare an income change
Enter a second taxable income to compare both amounts for the selected tax year.
What this estimate includes
Progressive federal and Ontario brackets, basic personal amounts, Ontario surtax and the Ontario Health Premium. The estimate assumes net income equals taxable income for the federal basic personal amount. It excludes other credits and deductions, CPP and EI, benefit clawbacks, alternative minimum tax, and special rates for dividends or capital gains.
The average rate is estimated total tax divided by taxable income. The marginal rate is the estimated increase in tax from the next $1.
CRA income tax rates · Ontario Health Premium