2024 Ontario Personal Tax Credits Return. Your employer or payer will use this form to determine the amount of your tax deductions. The ontario tax brackets and personal tax credit amounts are increased for 2024 by an indexation factor of 1.045 (4.5%.

Employers and payers must get form td1, personal tax credits return, when individuals start a new job or they want to increase income tax deductions. Calculate your combined federal and provincial tax bill in each province and territory.