Personal Income tax rates for Canada for 2020.
The rates below are only for the province of Ontario. If you are residing in a different province, please contact our individual tax preparation service.
|2020 Income (C$)||Tax Rate - Federal|
|less than 48,535||15.00%|
|48,536 - 97,069||10.25%|
|98,070 - 150,473||13.00%|
|150,474 - 214,368||29.22%|
|2020 Income (C$)||Tax Rate Ontario|
|Less than 44,740||5.05%|
|44,741 - 89,482||9.15%|
|89,483 - 150,000||11.16%|
|150,001 - 220,000||12.16%|
Maroof HS CPA Professional Corporation is an Ontario Professional Accounting Firm, located in Woodbridge, Ontario.
We provide a complete range of individual tax preparation services and help our clients with tax planning and preparation for simple to complex tax matters. Whether you are a self employed or having employment income, rental income, business and professional income, investment income, foreign income from US or other countries, we offer a one-stop solutions to deal with all these.
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