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Kingston CMA Taxes

Local Property Taxes (rate per $1,000 of assessed value)

2019
Note: Properties in Ontario are not subject to personal or state/provincial taxes.

Combined Provincial and Federal Corporate Taxes

 Jan. 1 2019 July 1 2019 Jan. 1 2020 July 1 2020 
General/Manufacturing and Processing (General Corporation)25.0%25.0%25.0%25.0%
General; Active Business Income (General Corporation)26.5%26.5%26.5%26.5%
Small Business Income up to $500,000 (Canadian Controlled Private Companies)12.5%12.5%12.5%12.5%
General Active Business Income (Canadian Controlled Private Companies)26.5%26.5%26.5%26.5%
Source: home.kpmg/content/dam/kpmg/ca/pdf/2019/04/federal-and-provincial-territorial-tax-rates-for-income-earned-by-a-general-corporation.pdf
home.kpmg/content/dam/kpmg/ca/pdf/2019/04/federal-and-provincial-territorial-tax-rates-for-income-earned-by-a-ccpc.pdf

Personal Income Tax - Combined Federal and Ontario Rates - 2019 (Including Surtax)

Taxable Income (Can$) Marginal Rate Capital Gains Canadian Eligible Dividends Canadian Non
Eligible 
first $43,90620.05%10.03%-6.86%8.89%
over $43,906 up to $47,63024.15%12.08%-1.20%13.61%
over $47,630 up to $77,31329.65%14.83%6.39%19.93%
over $77,313 up to $87,81331.48%15.74%8.92%22.04%
over $87,813 up to $91,10133.89%16.95%12.24%24.81%
over $91,101 up to $95,25937.91%18.95%17.79%29.43%
over $95,259 up to $147,66743.41%21.70%25.38%35.76%
over $147,667 up to $150,00046.41%23.20%29.52%39.21%
over $150,000 up to $210,37147.97%23.98%31.67%41.00%
over $210,371 up to $220,00051.97%25.98%37.19%45.6%
Over $220,00053.53%26.76%39.34%47.4%
* Source: www.taxtips.ca/taxrates/on.htm

Sales Tax Rates

 2019 Further Info: 
Harmonized Sales Tax (Ontario)13%http://www.cra-arc.gc.ca/tx/bsnss/tpcs/gst-tps/rts-eng.html

Employee Benefit Costs

Employee Benefit Costs 2018 Mandatory by Employer Common Practice for Employers 
Canada Pension Plan (CPP) to maximum premium of $2,593.80/year4.95%4.95%
Employment Insurance Commission to employer maximum premium of $1,302.84/year1.66%1.66%
Workplace Safety and Insurance Board*Varies depending on industry see http://bit.ly/2krwoOt
Employer Health Tax (EHT) on payrolls over $450,000 0.98% to 1.95%Calculated by multiplying your Ontario payroll for the year after deducting any tax exemption by the applicable tax rate (between 0.98% to 1.95% )
Vacation4% (2 weeks)6% (3 weeks)
Paid Public Holidays9 Days (3.6%)11 Days (4.40%)
Pension ContributionN/A5-6%
Group Insurance (life, health, sickness, dental, vision, physical/mental fitness)N/A4-7%
Typical Total22.53%31.6-35.6%
* Source: taxtips.ca/cppandei/eirates.htm     cra-arc.gc.ca/tx/bsnss/tpcs/pyrll/clcltng/ei/cnt-chrt-pf-eng.html     cra-arc.gc.ca/tx/bsnss/tpcs/pyrll/clcltng/cpp-rpc/cnt-chrt-pf-eng.html     cra-arc.gc.ca/tx/bsnss/tpcs/pyrll/clcltng/ei/cnt-chrt-pf-eng.html     fin.gov.on.ca/en/tax/eht/index.html     bit.ly/2krwoOt (WSIB Premium rates table)     labour.gov.on.ca/english/es/tools/esworkbook/vacation.php     labour.gov.on.ca/english/es/pubs/guide/publicholidays.php