Tax Rates 2024 Canada Ontario. 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%. This is the total tax rate you pay after considering federal and provincial taxes.

Importantly, your provincial or territorial rate is determined by the province/territory you are living in on december 31 of the tax year. The tax is calculated separately from federal income tax.