2014 Ontario Tax Calculator

How to Use This Calculator

Using this 2014 Ontario tax calculator is simple:

1. Enter your total taxable income for the 2014 tax year in the "Taxable Income" field.
2. Click the "Calculate" button to compute your tax liability.
3. Review the results showing your provincial tax, federal tax, and total tax payable.
4. Use the chart to visualize your tax breakdown.

The calculator uses the official 2014 Ontario tax rates and brackets. All calculations are performed client-side in your browser for your privacy.

2014 Ontario Tax Formula

The 2014 Ontario tax calculation follows these steps:

The tax rates used in 2014 were:

• Ontario tax rate: 13.16%
• Federal tax rate: 22.00%

2014 Ontario Tax Brackets

The 2014 Ontario tax brackets were as follows:

Note that the tax rates were progressive, but the calculator simplifies this by using the average rates for the entire taxable income amount.

Example Calculation

Let's calculate the tax for a taxable income of $50,000 in 2014:

This example shows that a taxable income of $50,000 would result in a total tax liability of $17,580 for the 2014 tax year.