LaPalm Insurance and Financial Solutions Inc. is a Ontario based Financial firm, established in 1997. Our Unique value proposition:
“Whether the focus is life planning, succession planning, financial planning, retirement planning
or a combination, our processes are well defined and the results are custom made to meet your vision.
As our partner, you can and should expect the best.”





LaPalm Insurance &
Financial Solutions Inc.

100 - 1 Millennium Parkway
Belleville ON
K8N 4Z5

Phone: 613-962-5586
Fax: 613-969-0444
Toll Free: 1-866-962-5586

2005/2006 TAX TABLE

Tax Table (Ontario)


Taxable Income

2005 Tax Payable

2006 Tax Payable

$20,000

$2,437

$2,377

$30,000

$4,542

$4,482

$40,000

$7,141

$7,003

$50,000

$10,526

$10,118

$60,000

$13,373

$13,233

$70,000

$16,719

$16,509

$80,000

$20,990

$20,667

$90,000

$25,331

$25,008

$100,000

$29,672

$29,349

$150,000

$52,405

$52,005

$200,000

$75,610

$75,210

$250,000

$98,815

$98,415


2006 Combined Income Tax Rates


Tax Bracket

Marginal Rate

Under $34,758

21.05%

$34,759 - $36,378

24.15%

$36,379 - $61,199

31.15%

$61,200 - $69,517

32.98%

$69,518 - $72,102

35.39%

$72,103 - $72,756

39.41%

$72,757 - $118,285

43.41%

Over $118,285

46.41%

This information is published as current on the date enter on the site, and should only be used as a general starting point, and cannot be used or regarded as legal or tax advice. The above material may not include important details relating to your own circumstances. For full legal or accounting advice, you should contact a professional accountant or lawyer. If you cannot locate one, we would be more than happy to refer you to one in your area.



Meeting your goals at every stage of your life.
Representing London Life Insurance Company and a Range of Financial Companies, servicing the residents of Ontario, Canada

© LaPalm Insurance and Financial Solutions Inc., 2006