Ontario Tax Preparation, Planning and Consulting
Helping individuals achieve the best possible outcome
Who We Are
We are Tax Professionals who understand Canadian tax preparation inside out.
Peace of Mind
Having your tax return prepared by a Tax Professional means fewer errors, fewer audits, and maximized refunds. Enjoy the benefits of working with a tax professional at a fraction of the price of hiring an accountant.
Tax Preparation
Offering you fast, efficient & accurate service
Tax Planning
Helping you control your outcome
Tax Consulting
Guiding you every step of the way
2025 Quick Facts
- Federal Personal Amount for the 2025 tax year – the maximum amount is $16,129
- TFSA (Tax-Free Savings Account) contribution limit for 2025 is $7,000
- RRSP – (Registered Retirement Savings Plan) you can contribute up to 18% of your 2024 year’s earned income to a maximum of $32,490 for the 2025 tax year
- FHSA (First Home Savings Account) the contribution limit for the year is $8,000 (your lifetime limit is $40,000)
- Disability Amount – the credit amount for the 2025 tax year is $10,138
- Charitable donations result in a credit of 15% on first $200 donated and 29% to 33% on amounts over the $200
2025 Tax Year Ontario Combined
Federal & Provincial
Personal Income Tax Rates
Including Surtaxes
These rates are the combined federal and provincial marginal rates for Ontario, including all surtaxes. It is assumed that the only credits claimed are the basic personal amount and the low income tax reduction (where applicable).
These rates do not include the Ontario Health Premium. Individual residents in Ontario with taxable income in excess of $20,000 must pay the Ontario Health Premium. The premium ranges from $0 to $900 depending on the individual’s taxable income.
| Marginal Tax Rates for Interest and Regular Income | ||
| $0 | 16,129 | 00.00% |
| 16,130 | 18,569 | 14.50% |
| 18,570 | 24,391 | 24.60% |
| 24,392 | 52,886 | 19.55% |
| 52,887 | 57,375 | 23.65% |
| 57,376 | 93,135 | 29.65% |
| 93,136 | 105,775 | 31.48% |
| 105,776 | 109,725 | 33.89% |
| 109,726 | 114,750 | 37.91% |
| 114,751 | 150,000 | 43.41% |
| 150,001 | 177,882 | 44.97% |
| 177,883 | 220,000 | 48.28% |
| 220,001 | 253,414 | 49.84% |
| 253,415 | and over | 53.53% |
Pricing
Our fees are calculated based on the complexity of your return and the paperwork involved.
Students, Seniors & Basic Returns
- Basic Student returns
- Seniors with only CPP & OAS
- Basic Returns (one T4)
Typical Return
- Employment Income
- Pension (non-foreign)
- Medical Expenses
- Charitable Donations
- RRSP Contributions
- Child Care Expenses
Complex Return
- Rental Income
- Employee Expenses
- Moving Expenses
- Self Employment
Consultation and Audit Representation Services $80/hour
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