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Whitby Taxes

Data Last Updated: 12 July, 2017

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

2016
Commercial/Retail Occupied:2.74%
Commercial/Retail Excess Land:1.92%
Office Building, Occupied:2.74%
Office Building, Excess Land:1.92%
Industrial Occupied:4.00%
Large Industrial (over 125,000 sq. ft.) Occupied:4.00%
Industrial Excess Land:2.60%
Note: Properties in Ontario are not subject to personal or state/provincial taxes.

Combined Provincial and Federal Corporate Taxes

 Jan.1 2017 July 1 2017 Jan. 1 2018 July 1 2018 
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)15.0%15.0%15.0%15.0%
General Active Business Income (Canadian Controlled Private Companies)26.5%26.5%26.5%26.5%
Source: www.kpmg.com/Ca/en/IssuesAndInsights/ArticlesPublications/Pages/taxrates.aspx

Personal Income Tax - Combined Federal and Ontario Rates - 2016 (Including Surtax)

Taxable Income (Can$) Marginal Rate Capital Gains Canadian Eligible Dividends Canadian Non-Eligible 
First $42,20120.05%10.03%-6.86%6.13%
Over $42,201 up to $45,91624.15%12.08%-1.2%10.93%
Over $45,916 up to $74,31329.65%14.83%6.39%17.37%
Over $74,313 up to $84,40431.48%15.74%8.92%19.51%
Over $84,404 up to $87,55933.89%16.95%12.24%22.33%
Over $87,559 up to $91,83137.91%18.95%17.79%27.03%
Over $91,831 up to $142,35343.41%21.70%25.38%33.46%
Over $142,353 up to $150,00046.41%23.20%29.52%36.97%
Over $200,000 up to $220,00051.97%25.98%37.19%43.48%
Over $150,000 up to $200,00047.97%23.98%31.67%38.80%
Over $220,00053.53%26.76%39.34%45.30%
* Source: www.taxtips.ca/taxrates/on.htm

Sales Tax Rates

 2016 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 2016 Mandatory by Employer Common Practice for Employers 
Canada Pension Plan (CPP) to maximum premium of $2479.95/year4.95%4.95%
Employment Insurance Commission to employer maximum premium of $1,302.84/year1.63%1.63%
Workplace Safety and Insurance Board*Varies depending on industry see http://bit.ly/2krwoOt
Employer Health Tax (EHT) on payrolls over $400,0000.98% 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: www.taxtips.ca/cppandei/eirates.htm     www.cra-arc.gc.ca/tx/bsnss/tpcs/pyrll/clcltng/ei/cnt-chrt-pf-eng.html     www.cra-arc.gc.ca/tx/bsnss/tpcs/pyrll/clcltng/cpp-rpc/cnt-chrt-pf-eng.html     www.labour.gov.on.ca/english/es/pubs/guide/publicholidays.php     www.taxtips.ca/cppandei/cpprates.htm     www.fin.gov.on.ca/en/tax/eht/index.html