其實加拿大稅率有幾高?
highest marginal rate in Ontario is 53.5%
Marginal Taxes OntarioA marginal tax rate applies to different brackets of income. For each bracket of income, a different rate applies. For example, the first $11,810 of income is taxed at a certain rate, the next $5000 or so of income is taxed at another rate, and so on and so forth, until you reach the highest tax bracket, which, in Ontario, is currently 53.53 percent. The more income you earn, the higher the rate of tax applied to that tax bracket.
For example, someone earning $18,000 per annum is taxed at a 25 percent marginal tax rate, while someone earning $90,000 is taxed at a 37 percent marginal tax rate.
The more money you earn, the more tax you will pay for the reasons below:
a. a percentage of $90,000 is more than the same percentage of $18,000.
b. A higher marginal tax rate applies to the higher income earner.
It is important to keep in mind that the marginal tax rates for employment and self-employment income combine federal and provincial marginal rates.
Here are the federal marginal tax rates for 2020:
15% on the first $48,535 of taxable income, plus
20.5% on the next $48,534 of taxable income (on the portion of taxable income over 48,535 up to $97,069), plus
26% on the next $53,404 of taxable income (on the portion of taxable income over $97,069 up to $150,473), plus
29% on the next $63,895 of taxable income (on the portion of taxable income over 150,473 up to $214,368), plus
33% of taxable income over $214,368
While each province has their own marginal tax rates, we will look at the marginal tax rates in the province of Ontario for purposes of illustration:
5.05% on the first $44,740 of taxable income, plus
9.15% on the next $44,742, (on the portion of taxable income over $44,740 up to $89,482), plus
11.16% on the next $60,518, (on the portion of taxable income over $89,482 up to $150,000), plus
12.16% on the next $70,000, (on the portion of taxable income over $150,000 up to $220,000), plus
13.16 % on the amount over $220,000
In Ontario, the top marginal tax rate for combined federal and provincial employment and self-employment income is 53.53 percent.
Different Types of Income are Taxed at Different Rates
It is also important to keep in mind that different types of income are subject to different marginal tax rates. There are generally six sources of income:
Employment Income
Self-employment income
Capital gains
Eligible dividends
Ineligible dividends
Passive income (rental income, rent, interest)
Other income (EI, OAS, CPP)