How Much Is Plus Tax In Ontario?

One of the Canadian provinces, Ontario, levies a 13% Harmonized Sales Tax (HST). The HST is charged on the majority of products and services, however some are exempt or receive a rebate. On July 1st, 2010, Ontario adopted the HST.

How Do I Add 8.25 Tax To A Price?

Calculating Sales Tax Identify the list price and tax rate. To calculate the tax rate as a decimal, divide the tax percentage by 100. To calculate tax, multiply the list price by the decimal tax rate. To get the final price, add the tax amount to the advertised price.

How Do You Calculate Tax In Ontario?

What is the tax rate in Ontario? Earnings up to $46,226 are subject to a 5.05% tax rate. Taxes on earnings over $46,226 and up to $92,454 are 9.15%. The rate is 11.16% for sums between $92,454 and $150,000. Earnings from $150,000 to $220,000 are subject to rates of 12.16%. Finally, a rate of 13.16% will be applied to incomes beyond $220,000.