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WHAT’S NEW ON FEDERAL AND PROVINCIAL GOVERNMENT TAX DEDUCTIONS FOR ON. AND QC.

2015
Basic Deduction’s Federal Ontario Quebec
Basic personal amount  $11,327 $8,963 $11,425
Spouse /equivalent amount $11,327 $8,375 $11,425
Age credit  $7,033 $4,815 $2,460
Disability amount  $7,899 $7,968 $2,595
Disability amount supplement for children n with severe disabilities $4,607 $4,647
Education credit (Full time) $400/Per month $531/Per month 8% of amount you paid 
Education credit (Part time) $120/Per month $159/Per month 8% of amount you paid 
Tuition & Education amount transferred  $5,000 $6,820 20% of lines54
Ontario Tax Rates:
01st Tax Bracket  Up to $40922 5.05%
02nd Tax Bracket  $ 40,923–81,847 9.15%
03rd Tax Bracket  $ 81,848–150,000 11.16%
04th Tax Bracket  $ 150,001–220,000 12.16%
$ 220,001 and over 13.16%
Federal Tax Rates:
01st Tax Bracket  Up to $44,701 15%
02nd Tax Bracket  $ 44,702–89,401 22%
03rd Tax Bracket  $ 89,402–138,586 26%
04th Tax Bracket  $ 138,587 and over 29%
Quebec Tax Rates:
01st Tax Bracket  First $41,935 16%
02nd Tax Bracket  $ 41,936 up to $83,865 20%
03rd Tax Bracket  $ 83,866 up to $102,040 24%
04th Tax Bracket  $102,041 and over 25.75%

 

2014
Basic Deduction’s Federal Ontario Quebec
Basic personal amount  $11,138 $9,670 $11,305
Spouse /equivalent amount $11,138 $8,211 $11,305
Age credit $6,916 $4,721 $2,435
Disability amount  $7,766 $7,812 $2,570
Disability amount supplement for children with severe disabilities $4,530 $4,556
Education credit (Full time) $400/Per month $520/Per month 8% of amount you paid 
Education credit (Part time) $120/Per month $156/Per month 8% of amount you paid 
Tuition & Education amount transferred  $5,000 $6,686 20% of lines54
Ontario Tax Rates:
01st Tax Bracket  $ 39,723 or less 5.05%
02nd Tax Bracket  $ 39,724 to $79,448 9.15%
03rd Tax Bracket  $ 79,449 to $509,000 11.16%
04th Tax Bracket  $ 509,001 and over 13.165
Federal Tax Rates:
01st Tax Bracket  Up to $43,953 15%
02nd Tax Bracket  $43,954–$87,907 22%
03rd Tax Bracket  $87,908–$136,270 26%
04th Tax Bracket  $136,271 and over 29%
Quebec Tax Rates:
01st Tax Bracket  $41,495 or less 16%
02nd Tax Bracket  $41,496 to $ 82,985 20%
03rd Tax Bracket  $ 82,986 to $100,970 24%
04th Tax Bracket  100,971 and over 25.75%

 

2013
Basic Deduction’s Federal Ontario Quebec
Basic Personal amount
$11,038
$9,574
$11,195
Spousal/Equivalent amount
$11,038
$8,942
$11,195
Age Credit
$6,845
$4,674
$2,410
Disability amount
$7,697
$7,735
$2,545
Disability amount supplement for children with severe disabilities
$4,490
$12,246
Education credit (Full Time)
$520/per month
$515/per month
$3,770 by standard
Education credit (Part Time)
$85/per month
$154/per month
RL 8
Tuition & Education amounts transferred
$5,000
$6,620
Ontario Tax Rates:
1st Tax Bracket
$39723 or less
5.05%
2nd Tax Bracket
$39723 to $79448
9.15%
3rd Tax Bracket
$79448 to 509000
11.16%
4th Tax Bracket
$509000 and over
13.16%
Federal Tax Rates:
1st Tax Bracket
$43561 or less
15%
2nd Tax Bracket
$43561 to $87123
22%
3rd Tax Bracket
$87123 to $135054
26%
4th Tax Bracket
$135054 and over
29%
Quebec:
1st Tax Bracket
$41095 or less
16%
2nd Tax Bracket
$41095 to $82190
20%
3rd Tax Bracket
$82190 and over
24%

 

2012
Basic Deduction’s Federal Ontario Quebec
Basic Personal amount
$10,822
$9,405
$10,925
Spousal/Equivalent amount
$10,822
$7,986
$10,925
Age Credit
$6,720
$4,592
$2,290
Disability amount
$7,546
$7,598
$2,485
Disability amount supplement for children with severe disabilities
$4,402
$12,030
Education credit (Full Time)
$465/per month
$506/per month
$3,770 by standard
Education credit (Part Time)
$140/per month
$151/per month
RL 8
Tuition & Education amounts transferred
$5,000
$6,503
Ontario Tax Rates:
1st Tax Bracket
$39020 or less
5.05%
2nd Tax Bracket
$39020 to $78043
9.15%
3rd Tax Bracket
$78043 to 500000
11.16%
4th Tax Bracket
$500000 and over
12.16%
Federal Tax Rates:
1st Tax Bracket
$42707 or less
15%
2nd Tax Bracket
$42707 to $85414
22%
3rd Tax Bracket
$85414 to $132406
26%
4th Tax Bracket
$132406 and over
29%
Quebec:
1st Tax Bracket
$39060 or less
16%
2nd Tax Bracket
$39606 to $78120
20%
3rd Tax Bracket
$78120 and over
24%

 

2011
Basic Deduction’s Federal Ontario Quebec
Basic Personal amount $10,527 $9,104 $10,640
Spousal/Equivalent amount $10,527 $7,730 $10,640
Age Credit $6,537 $4,445 $2,290
Disability amount $7,341 $7,355 $2,420
Disability amount supplement for children with severe disabilities $11,623 $11,645
Education credit (Full Time) $465/per month $490/per month $3,930 by standard
Education credit (Part Time) $140/per month $147/per month RL 8
Tuition & Education amounts transferred $5,000 $6,295
Ontario Tax Rates:
1st Tax Bracket $37,774 or less 5.05%
2nd Tax Bracket $37,775 to $75,550 9.15%
3rd Tax Bracket $75,551 & up 11.16%
Federal Tax Rates:
1st Tax Bracket $41,544 or less 15%
2nd Tax Bracket $41,545 to $83,088 22%
3rd Tax Bracket $83,089 to $128,000 26%
4th Tax Bracket $128,001 and over 29%
Quebec:
1st Tax Bracket $39,060 or less 16%
2nd Tax Bracket $39,061 to $78,120 20%
3rd Tax Bracket $78,121 and over 24%

 

2010
Basic Deduction’s Federal Ontario Quebec
Basic Personal amount $10,382 $8,943 $10,505
Spousal/Equivalent amount $10,382 $7,594 $10,505
Age Credit $6,446 $4,366 $2,260
Disability amount $7,239 $7,225 $2,390
Disability amount supplement for children with severe disabilities $4,223 $11,439
Education credit (Full Time) $465/per month $481/per month $3,770 by standard
Education credit (Part Time) $140/per month $144/per month RL 8
Tuition & Education amounts transferred $5,000 $6,184
Ontario Tax Rates:
1st Tax Bracket $37,106 or less 5.05%
2nd Tax Bracket $37,107 to $74,214 9.15%
3rd Tax Bracket $74,215 & up 11.16%
Federal Tax Rates:
1st Tax Bracket $40,970 or less 15%
2nd Tax Bracket $40,971 to $81,941 22%
3rd Tax Bracket $81,942 to $127,021 26%
4th Tax Bracket $127,022 and over 29%
Quebec:
1st Tax Bracket $38,570 or less 16%
2nd Tax Bracket $38,571 to $77,140 20%
3rd Tax Bracket $77,141 and over 24%

 

2009
Basic Deduction’s Federal Ontario Quebec
Basic Personal amount $9,600 $8,681 $10,215
Spousal/Equivalent amount $9,600 $7,371 $10,215
Age Credit $5,276 $4,239 $1,485 per person
Disability amount $7,021 $7,014 $2,325 per person
Disability amount supplement for children with severe disabilities $4,095 $4,091
Education credit (Full Time) $465/per month $468/per month $3,770 by standard
Education credit (Part Time) $140/per month $140/per month RL 8
Tuition & Education amounts transferred $5,000 $6,003
Ontario Tax Rates:
1st Tax Bracket $36,000 or less 6.05%
2nd Tax Bracket $36,000 to $72,041 9.15%
3rd Tax Bracket $72,041 & up 11.16%
Federal Tax Rates:
1st Tax Bracket $37,885 or less 15%
2nd Tax Bracket $37,885 to $75,769 22%
3rd Tax Bracket $75,769 to $123,184 26%
4th Tax Bracket $123,184 and over 29%
Quebec:
1st Tax Bracket $37,500 or less 16%
2nd Tax Bracket $37,500 to $75,000 20%
3rd Tax Bracket $75,000 and over 24%

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