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Ontario Income Tax Calculator 2013

Reviewed by Calculator Editorial Team

Use this Ontario Income Tax Calculator 2013 to estimate your provincial and federal tax liability for the 2013 tax year. The calculator applies the 2013 tax rates and brackets while accounting for basic personal exemption and Ontario's provincial tax credits.

How to Use This Calculator

Enter your total taxable income for 2013 in the calculator below. The calculator will automatically compute your federal and provincial tax amounts, as well as your effective tax rate. You can also view a breakdown of your tax liability by income bracket.

This calculator uses the 2013 tax rates and brackets. For current tax year calculations, please use our updated Ontario Income Tax Calculator.

Ontario Tax Rates 2013

The 2013 Ontario tax rates are progressive, meaning higher income brackets are taxed at higher rates. The basic personal exemption of $10,906 was applied to all taxable income.

Federal Tax Rates

  • 15% on the first $41,466 of taxable income
  • 22% on the next $41,466
  • 26% on the next $48,535
  • 29% on taxable income over $131,467

Ontario Provincial Tax Rates

  • 5.05% on the first $41,466 of taxable income
  • 9.15% on the next $41,466
  • 11.16% on the next $48,535
  • 13.16% on taxable income over $131,467

Formula: Taxable Income = Gross Income - Deductions - Basic Personal Exemption ($10,906)

How Ontario Income Tax Works

Ontario income tax is calculated using a progressive tax system. The government applies different tax rates to different portions of your taxable income. The basic personal exemption reduces your taxable income by $10,906.

Key Components

  1. Gross Income: All income received during the year
  2. Deductions: Eligible expenses that reduce taxable income
  3. Basic Personal Exemption: $10,906 in 2013
  4. Taxable Income: Gross Income - Deductions - Basic Personal Exemption
  5. Federal Tax: Calculated on taxable income using federal brackets
  6. Provincial Tax: Calculated on taxable income using Ontario brackets
  7. Total Tax: Federal Tax + Provincial Tax

This calculator does not account for all possible tax deductions and credits. For an exact calculation, consult a tax professional or use official government tax forms.

Worked Example

Let's calculate the income tax for a person with $60,000 in gross income and $5,000 in deductions.

  1. Taxable Income = $60,000 - $5,000 - $10,906 = $44,094
  2. Federal Tax:
    • $41,466 × 15% = $6,219.90
    • ($44,094 - $41,466) × 22% = $667.51
    • Total Federal Tax = $6,219.90 + $667.51 = $6,887.41
  3. Provincial Tax:
    • $41,466 × 5.05% = $2,096.11
    • ($44,094 - $41,466) × 9.15% = $247.43
    • Total Provincial Tax = $2,096.11 + $247.43 = $2,343.54
  4. Total Tax = $6,887.41 + $2,343.54 = $9,230.95
  5. Effective Tax Rate = ($9,230.95 / $60,000) × 100 = 15.38%

Effective Tax Rate: (Total Tax / Gross Income) × 100

Frequently Asked Questions

What is the basic personal exemption for 2013?

The basic personal exemption for 2013 was $10,906. This amount was subtracted from your taxable income before calculating tax.

How are Ontario tax rates different from federal rates?

Ontario uses its own progressive tax rates that are different from the federal rates. The provincial rates are generally lower than the federal rates for the same income brackets.

Does this calculator account for all tax deductions?

No, this calculator provides an estimate using basic personal exemption. For an exact calculation, you should consult a tax professional or use official government tax forms.

When were the 2013 tax rates effective?

The 2013 tax rates were effective for the 2013 tax year, which ran from January 1, 2013 to December 31, 2013.