What's the federal tax rate for Ontario for 2019?
For 2019, the federal personal amount is $12,069, and Ontario’s amount is $10,582. I will explain this tax break with an example. John is a salaried employee from Ontario and is earning $44,000 annually. Based on his income, he has to pay $8,800 in income tax (15% federal tax and 5.05% provincial tax).
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