Canadian Income Tax Brackets 2024 Ontario. If you make $60,000 a. Ontario tax bracket thresholds, except for the top two tiers, have been increased by 4.5 per cent for 2024.

If you want to get a rough estimate of how much income tax you owe on your taxable income, first calculate your federal income tax, then calculate your provincial tax, and, finally, add the amounts together. The calculator reflects known rates as of june 1, 2024.