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Out of the total income you earned during the year while working in Ontario...

the first $45 142 is taxed at 5.05%...

the next $45 145 is taxed at 9.15%...

the next $59 713 is taxed at 11.16%...

the next $70 000 is taxed at 12.16%...

and all income earned above that is taxed at 13.16%.

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© 2022 by Odette Accounting Society
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