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Government Taxes and benefits Learn about taxes in Ontario and what they support including tax credits you can get to help you with living and business costs Benefits and financial support For people
Steps Download or view your return and provincial forms Federal tax Income Tax and Benefit Return This is the main form you need to complete your taxes Optional Federal income tax and benefit information Find out what s new for 2023 and get help completing your federal return Federal Worksheet
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The tax rates in Ontario range from 5 05 to 13 16 of income and the combined federal and provincial tax rate is between 20 05 and 53 53 Ontario s marginal tax rate increases as your income increases so you pay higher taxes on the level of income that falls into a higher tax bracket
ONT TAXS online Learn about Ontario s secure simple and free online tax service for businesses Sign in to ONT TAXS online Help us improve your online experience Take a 2 minute survey and tell us what you think about this page ONT TAXS online upgrade Beginning October 3 2022 ONT TAXS online is no longer using the
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For example if your taxable income after deductions and exemptions was 45 000 you owe 15 of that for your federal tax and the Ontario provincial amount you owe is 5 05 then your marginal tax rate 15 5 05 is 20 05
For the 2023 tax year the Ontario basic personal amount is 11 865 while the federal BPA is 15 000 Visit the CRA s provincial tax rates link and the Ontario page for this year s tax information Ontario s provincial income tax credits Ontario has an income tax rate system similar to other Canadian provinces
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Steps Download or view your return and provincial forms Federal tax Income Tax and Benefit Return This is the main form you need to complete your taxes Optional Federal income tax and benefit information Find out what s new for 2023 and get help completing your federal return Federal Worksheet
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Provincial and territorial tax and credits for individuals You have to calculate and pay provincial or territorial income tax in addition to your federal income tax You may also be entitled to provincial or territorial credits in addition to your federal credits
Steps Download or view your return and provincial forms Federal tax Income Tax and Benefit Return This is the main form you need to complete your taxes Optional Federal income tax and benefit information Find out what s new for 2023 and get help completing your federal return Federal Worksheet
Provincial and territorial tax and credits for individuals You have to calculate and pay provincial or territorial income tax in addition to your federal income tax You may also be entitled to provincial or territorial credits in addition to your federal credits
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