Author: Simon Zhong

Prince Edward Island income tax rates and brackets

Posted on by Simon Zhong

The following table lists the income tax rates and brackets in Prince Edward Island for 2015. It is based on taxable income. Income Tax Bracket Income tax Rate 0 – $31,984 9.8% $31,984.01 – $63,969 13.8% $63,969.01 and up 16.7%

Eligibility of children’s fitness amount

Posted on by Simon Zhong

To be eligible for children’s fitness amount, the child must have been under age 16 (under age 18 if the child is eligible for the disability tax credit) at the beginning the year in which an eligible fitness expense was paid. Activity Substantially all the activities must include a significant amount of physical activity that contributes…

Ontario income tax rates and brackets 2013

Posted on by Simon Zhong

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…