2022 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$138,000.00
Salary
$138,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$43,492.01
Federal Tax
$24,646.44
Provincial Tax
$14,393.03
CPP Contributions
$3,499.80
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$952.74
Net Pay
$94,507.99
Marginal Tax Rate
43.41%
Average Tax Rate
28.29%
Comprehensive Deduction Rate
31.52%
Monthly Salary
Total Income
$11,500.00
Salary
$11,500.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,624.33
Federal Tax
$2,053.87
Provincial Tax
$1,199.42
CPP Contributions
$291.65
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$79.40
Net Pay
$7,875.67
Marginal Tax Rate
43.41%
Average Tax Rate
28.29%
Comprehensive Deduction Rate
31.52%
Biweekly Salary
Total Income
$5,307.69
Salary
$5,307.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,672.77
Federal Tax
$947.94
Provincial Tax
$553.58
CPP Contributions
$134.61
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$36.64
Net Pay
$3,634.92
Marginal Tax Rate
43.41%
Average Tax Rate
28.29%
Comprehensive Deduction Rate
31.52%
Weekly Salary
Total Income
$2,653.85
Salary
$2,653.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$836.38
Federal Tax
$473.97
Provincial Tax
$276.79
CPP Contributions
$67.30
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$18.32
Net Pay
$1,817.46
Marginal Tax Rate
43.41%
Average Tax Rate
28.29%
Comprehensive Deduction Rate
31.52%
Daily Salary
Total Income
$530.77
Salary
$530.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$167.28
Federal Tax
$94.79
Provincial Tax
$55.36
CPP Contributions
$13.46
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.66
Net Pay
$363.49
Marginal Tax Rate
43.41%
Average Tax Rate
28.29%
Comprehensive Deduction Rate
31.52%
Hourly Salary
Total Income
$70.77
Salary
$70.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$22.30
Federal Tax
$12.64
Provincial Tax
$7.38
CPP Contributions
$1.79
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.49
Net Pay
$48.47
Marginal Tax Rate
43.41%
Average Tax Rate
28.29%
Comprehensive Deduction Rate
31.52%
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% |
Income taxes on annual salaries
Annual Income Tax by Province/Territory
Total Income
$138,000.00
Total Deductions
$37,316.40
Net Pay
$100,683.60
Average Tax Rate
23.81%
Comprehensive Deduction Rate
27.04%
Total Income
$138,000.00
Total Deductions
$39,639.18
Net Pay
$98,360.82
Average Tax Rate
25.5%
Comprehensive Deduction Rate
28.72%
Total Income
$138,000.00
Total Deductions
$40,250.35
Net Pay
$97,749.65
Average Tax Rate
25.94%
Comprehensive Deduction Rate
29.17%
Total Income
$138,000.00
Total Deductions
$40,373.80
Net Pay
$97,626.20
Average Tax Rate
26.03%
Comprehensive Deduction Rate
29.26%
Total Income
$138,000.00
Total Deductions
$40,652.83
Net Pay
$97,347.17
Average Tax Rate
26.23%
Comprehensive Deduction Rate
29.46%
Total Income
$138,000.00
Total Deductions
$43,288.88
Net Pay
$94,711.12
Average Tax Rate
28.14%
Comprehensive Deduction Rate
31.37%
Total Income
$138,000.00
Total Deductions
$43,492.01
Net Pay
$94,507.99
Average Tax Rate
28.29%
Comprehensive Deduction Rate
31.52%
Total Income
$138,000.00
Total Deductions
$46,374.75
Net Pay
$91,625.25
Average Tax Rate
30.38%
Comprehensive Deduction Rate
33.6%
Total Income
$138,000.00
Total Deductions
$46,417.36
Net Pay
$91,582.64
Average Tax Rate
30.41%
Comprehensive Deduction Rate
33.64%
Total Income
$138,000.00
Total Deductions
$47,402.45
Net Pay
$90,597.55
Average Tax Rate
31.12%
Comprehensive Deduction Rate
34.35%
Total Income
$138,000.00
Total Deductions
$48,059.45
Net Pay
$89,940.55
Average Tax Rate
31.6%
Comprehensive Deduction Rate
34.83%
Total Income
$138,000.00
Total Deductions
$48,499.12
Net Pay
$89,500.88
Average Tax Rate
31.92%
Comprehensive Deduction Rate
35.14%
Total Income
$138,000.00
Total Deductions
$50,260.38
Net Pay
$87,739.62
Average Tax Rate
32.84%
Comprehensive Deduction Rate
36.42%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $138,000.00 | $37,316.40 | $100,683.60 | 23.81% | 27.04% |
| Yukon | $138,000.00 | $39,639.18 | $98,360.82 | 25.5% | 28.72% |
| Northwest Territories | $138,000.00 | $40,250.35 | $97,749.65 | 25.94% | 29.17% |
| British Columbia | $138,000.00 | $40,373.80 | $97,626.20 | 26.03% | 29.26% |
| Alberta | $138,000.00 | $40,652.83 | $97,347.17 | 26.23% | 29.46% |
| Saskatchewan | $138,000.00 | $43,288.88 | $94,711.12 | 28.14% | 31.37% |
| Ontario | $138,000.00 | $43,492.01 | $94,507.99 | 28.29% | 31.52% |
| Newfoundland and Labrador | $138,000.00 | $46,374.75 | $91,625.25 | 30.38% | 33.6% |
| New Brunswick | $138,000.00 | $46,417.36 | $91,582.64 | 30.41% | 33.64% |
| Manitoba | $138,000.00 | $47,402.45 | $90,597.55 | 31.12% | 34.35% |
| Prince Edward Island | $138,000.00 | $48,059.45 | $89,940.55 | 31.6% | 34.83% |
| Nova Scotia | $138,000.00 | $48,499.12 | $89,500.88 | 31.92% | 35.14% |
| Quebec | $138,000.00 | $50,260.38 | $87,739.62 | 32.84% | 36.42% |
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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