Personal Tax Preparation

Income – T3, T4, T4A, T4AP, T4OAS, T4E, T4RRSP, T4RIF, T5, T5007, T5008, RC62, Rental, Partnership & Business Income, Capital Gains, Elected Split Pension, Social Assistance Income

Deductions from Income – RSP, RRSP, Dues, Professional Member Fees, Spousal Support, Legal Fees, Other Employment Expenses, Carrying Charges & Interest, Child Care, Business Investment Losses, Non-Capital Losses, Net Capital Losses

Tax Exemptions – Personal, Age, Equivalent to /or Spouse, Caregiver, Disability, Medical, Donations, EI & CPP on self employment and employment, Tuition, Education & Books, Home Accessibility Expenses, Pension, Interest on Student Loans, Home Buyers Amount

Federal Credits – Dividend, CPP & EI Overpayments, Climate Action Incentive, Employee & Partner GST/HST Rebate,

Provincial Credits – Ontario Energy & Property Tax, Northern Ontario Energy

Federal & Provincial Taxes

Federal tax rates for 2019

  • 15% on the first $47,630 of taxable income, plus
  • 20.5% on the next $47,629 of taxable income (on the portion of taxable income over 47,630 up to $95,259), plus
  • 26% on the next $52,408 of taxable income (on the portion of taxable income over $95,259 up to $147,667), plus
  • 29% on the next $62,704 of taxable income (on the portion of taxable income over 147,667 up to $210,371), plus
  • 33% of taxable income over $210,371

Provincial and territorial tax rates for 2019

Tax for all provinces (except Quebec) and territories is calculated the same way as federal tax.

Form 428 is used to calculate this provincial or territorial tax. Provincial or territorial specific non-refundable tax credits are also calculated on Form 428.

Provincial and territorial tax rates (combined chart)
Provinces and territories Rates
Newfoundland and Labrador 8.7% on the first $37,591 of taxable income, +
14.5% on the next $37,590, +
15.8% on the next $59,043, +
17.3% on the next $53,689, +
18.3% on the amount over $187,913
Prince Edward Island 9.8% on the first $31,984 of taxable income, +
13.8% on the next $31,985, +
16.7% on the amount over $63,969
Nova Scotia 8.79% on the first $29,590 of taxable income, +
14.95% on the next $29,590, +
16.67% on the next $33,820, +
17.5% on the next $57,000, +
21% on the amount over $150,000
New Brunswick 9.68% on the first $42,592 of taxable income, +
14.82% on the next $42,592, +
16.52% on the next $53,307, +
17.84% on the next $19,287, +
20.3% on the amount over $157,778
Quebec Go to Income tax rates (Revenu Québec Web site).
Ontario 5.05% on the first $43,906 of taxable income, +
9.15% on the next $43,907, +
11.16% on the next $62,187, +
12.16% on the next $70,000, +
13.16 % on the amount over $220,000
Manitoba 10.8% on the first $32,670 of taxable income, +
12.75% on the next $37,940, +
17.4% on the amount over $70,610
Saskatchewan 10.5% on the first $45,225 of taxable income, +
12.5% on the next $83,989, +
14.5% on the amount over $129,214
Alberta 10% on the first $131,220 of taxable income, +
12% on the next $26,244, +
13% on the next $52,488, +
14% on the next $104,976, +
15% on the amount over $314,928
British Columbia 5.06% on the first $40,707 of taxable income, +
7.7% on the next $40,709, +
10.5% on the next $12,060, +
12.29% on the next $20,030, +
14.7% on the next $40,394, +
16.8% on the amount over $153,900
Yukon 6.4% on the first $47,630 of taxable income, +
9% on the next $47,629, +
10.9% on the next $52,408, +
12.8% on the next $352,333, +
15% on the amount over $500,000
Northwest Territories 5.9% on the first $43,137 of taxable income, +
8.6% on the next $43,140, +
12.2% on the next $53,990, +
14.05% on the amount over $140,267
Nunavut 4% on the first $45,414 of taxable income, +
7% on the next $45,415, +
9% on the next $56,838, +
11.5% on the amount over $147,667