2024 Tax Brackets Canada Ontario. The ontario tax brackets and personal tax credit amounts are increased for 2025 by an indexation factor of 1.028 (2.8% increase), except for the $150,000 and $220,000 bracket amounts, which are not indexed for. The tax tables below include the tax.

Personal income tax is collected annually from ontario residents and those who earned income in the province. Ontario personal income tax tables in 2024.