Ontario income tax rates and brackets 2014

The following table lists the income tax rates and brackets in Ontario for 2014. It is based on taxable income.

Income Tax Bracket	Income tax Rate
0 – $40,120	5.05%
$40,120.01 – $80,242	9.15%
$80,242.01 – $514,090	11.16%
$514,090.01 and up	13.16%