Ontario income tax rates and brackets 2013

The following table lists the income tax rates and brackets in Ontario for 2013. It is based on taxable income. Income Tax Bracket Income tax Rate 0 – $39,723 5.05% $39,723.01 – $79,448 9.15% $79,448.01 – $509,000 11.16% $509,000.01 and up 13.16% Get your tax done by a professional without leaving your home! How?  What…

Eligibility of family caregiver tax credit

To be eligible the family caregiver amount (FCA), the dependant with the impairment must be: an individual 18 years of age or older and dependent on you because of an impairment in physical or mental functions; or a child under 18 years of age, with an impairment in physical or mental functions. The impairment must be…