2022 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$50,000.00
Salary
$50,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$10,667.62
Federal Tax
$4,683.49
Provincial Tax
$2,543.63
CPP Contributions
$2,650.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$790.00
Net Pay
$39,332.38
Marginal Tax Rate
22.81%
Average Tax Rate
14.45%
Comprehensive Deduction Rate
21.34%
Monthly Salary
Total Income
$4,166.67
Salary
$4,166.67
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$888.97
Federal Tax
$390.29
Provincial Tax
$211.97
CPP Contributions
$220.88
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$65.83
Net Pay
$3,277.70
Marginal Tax Rate
22.81%
Average Tax Rate
14.45%
Comprehensive Deduction Rate
21.34%
Biweekly Salary
Total Income
$1,923.08
Salary
$1,923.08
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$410.29
Federal Tax
$180.13
Provincial Tax
$97.83
CPP Contributions
$101.94
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$30.38
Net Pay
$1,512.78
Marginal Tax Rate
22.81%
Average Tax Rate
14.45%
Comprehensive Deduction Rate
21.34%
Weekly Salary
Total Income
$961.54
Salary
$961.54
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$205.15
Federal Tax
$90.07
Provincial Tax
$48.92
CPP Contributions
$50.97
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$15.19
Net Pay
$756.39
Marginal Tax Rate
22.81%
Average Tax Rate
14.45%
Comprehensive Deduction Rate
21.34%
Daily Salary
Total Income
$192.31
Salary
$192.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$41.03
Federal Tax
$18.01
Provincial Tax
$9.78
CPP Contributions
$10.19
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.04
Net Pay
$151.28
Marginal Tax Rate
22.81%
Average Tax Rate
14.45%
Comprehensive Deduction Rate
21.34%
Hourly Salary
Total Income
$25.64
Salary
$25.64
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$5.47
Federal Tax
$2.40
Provincial Tax
$1.30
CPP Contributions
$1.36
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.41
Net Pay
$20.17
Marginal Tax Rate
22.81%
Average Tax Rate
14.45%
Comprehensive Deduction Rate
21.34%
Federal and Provincial/Territorial Tax Brackets
Your taxable income in the following tax brackets.
| Federal Tax Bracket | Federal Tax Rates |
|---|---|
| $50,197.00 or less | 15% |
| $50,197.00 - $100,391.99 | 20.5% |
| $100,392.00 - $155,624.99 | 26% |
| $155,625.00 - $221,707.99 | 29% |
| More than $221,708.00 | 33% |
| Ontario Tax Bracket | Ontario Tax Rates |
|---|---|
| $46,226.00 or less | 5.05% |
| $46,226.00 - $92,453.99 | 9.15% |
| $92,454.00 - $149,999.99 | 11.16% |
| $150,000.00 - $219,999.99 | 12.16% |
| More than $220,000.00 | 13.16% |
Annual Income Tax by Province/Territory
Total Income
$50,000.00
Total Deductions
$9,375.89
Net Pay
$40,624.11
Average Tax Rate
11.87%
Comprehensive Deduction Rate
18.75%
Total Income
$50,000.00
Total Deductions
$10,073.07
Net Pay
$39,926.93
Average Tax Rate
13.27%
Comprehensive Deduction Rate
20.15%
Total Income
$50,000.00
Total Deductions
$10,091.02
Net Pay
$39,908.98
Average Tax Rate
13.3%
Comprehensive Deduction Rate
20.18%
Total Income
$50,000.00
Total Deductions
$10,099.96
Net Pay
$39,900.04
Average Tax Rate
13.32%
Comprehensive Deduction Rate
20.2%
Total Income
$50,000.00
Total Deductions
$10,667.62
Net Pay
$39,332.38
Average Tax Rate
14.45%
Comprehensive Deduction Rate
21.34%
Total Income
$50,000.00
Total Deductions
$10,843.04
Net Pay
$39,156.96
Average Tax Rate
14.81%
Comprehensive Deduction Rate
21.69%
Total Income
$50,000.00
Total Deductions
$11,333.16
Net Pay
$38,666.84
Average Tax Rate
15.79%
Comprehensive Deduction Rate
22.67%
Total Income
$50,000.00
Total Deductions
$11,675.90
Net Pay
$38,324.10
Average Tax Rate
16.47%
Comprehensive Deduction Rate
23.35%
Total Income
$50,000.00
Total Deductions
$11,950.81
Net Pay
$38,049.19
Average Tax Rate
17.02%
Comprehensive Deduction Rate
23.9%
Total Income
$50,000.00
Total Deductions
$12,305.32
Net Pay
$37,694.68
Average Tax Rate
17.73%
Comprehensive Deduction Rate
24.61%
Total Income
$50,000.00
Total Deductions
$12,360.76
Net Pay
$37,639.24
Average Tax Rate
17.84%
Comprehensive Deduction Rate
24.72%
Total Income
$50,000.00
Total Deductions
$12,557.99
Net Pay
$37,442.01
Average Tax Rate
17.7%
Comprehensive Deduction Rate
25.12%
Total Income
$50,000.00
Total Deductions
$12,596.24
Net Pay
$37,403.76
Average Tax Rate
18.31%
Comprehensive Deduction Rate
25.19%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $50,000.00 | $9,375.89 | $40,624.11 | 11.87% | 18.75% |
| Northwest Territories | $50,000.00 | $10,073.07 | $39,926.93 | 13.27% | 20.15% |
| British Columbia | $50,000.00 | $10,091.02 | $39,908.98 | 13.3% | 20.18% |
| Yukon | $50,000.00 | $10,099.96 | $39,900.04 | 13.32% | 20.2% |
| Ontario | $50,000.00 | $10,667.62 | $39,332.38 | 14.45% | 21.34% |
| Alberta | $50,000.00 | $10,843.04 | $39,156.96 | 14.81% | 21.69% |
| Saskatchewan | $50,000.00 | $11,333.16 | $38,666.84 | 15.79% | 22.67% |
| New Brunswick | $50,000.00 | $11,675.90 | $38,324.10 | 16.47% | 23.35% |
| Newfoundland and Labrador | $50,000.00 | $11,950.81 | $38,049.19 | 17.02% | 23.9% |
| Prince Edward Island | $50,000.00 | $12,305.32 | $37,694.68 | 17.73% | 24.61% |
| Manitoba | $50,000.00 | $12,360.76 | $37,639.24 | 17.84% | 24.72% |
| Quebec | $50,000.00 | $12,557.99 | $37,442.01 | 17.7% | 25.12% |
| Nova Scotia | $50,000.00 | $12,596.24 | $37,403.76 | 18.31% | 25.19% |
This tool was designed for approximation purposes only and should not be used to replace legal or accounting authority. For the purpose of simplifying the process, a number of variables have been assumed to calculate the figures included on this page. The results of this calculator should not be relied upon for determining career and/or tax decisions.
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