We have updated our Tax Facts for Ontario Residents document to include the new 2024 rates, as well as the 2023 rates.
GGFL’s “go-to” Tax Facts sheet is a quick reference guide on Ontario tax rates, including corporate income, RRSP limits, prescribed interest rates, automobile amounts, personal tax brackets for salary and dividends, TFSA, CPP and EI limits, pension splitting with a spouse, Workplace Safety & Insurance Board (WSIB), and clawback of Old Age Security.
Download here: Copy of 2023-2024 Tax Facts for Ontario Residents
For more tips with your tax preparation, see Nine Ways To Make Your Tax Preparation More Efficient.
