2024 Income Tax Brackets Ontario Tax. Calculate your combined federal and provincial tax bill in each province and territory. The tax tables below include the.

Calculating the federal tax bill based on the updated 2024 federal tax rates, the first $55,867 of your income is taxed at 15%, which works out to $8,380.05. Federal income tax brackets range from 10% to 37% for individuals as of 2024.