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2020 PERSONAL INCOME TAX BRACKETS

FEDERAL BRACKETS

first $48,535

over $48,535 to $97,069

over $97,069 to $150,473

over $150,473 to $214,368

over $214,368

FEDERAL TAX RATE

15.0%

20.50%

26.00%

29.22%

33.00%

ONTARIO BRACKETS

first $44,740

over $44,740 to $89,482

over $89,482 to $150,000

over $150,000 to $220,000

over $220,000

ONTARIO TAX RATE

5.05%

9.15%

11.16%

12.16%

13.16%

For other provinces, please contact your professionals at DTA Accountants & Business Advisors  at info@dtaa.ca 

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