2022 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$43,000.00
Salary
$43,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$8,543.82
Federal Tax
$3,702.05
Provincial Tax
$1,910.87
CPP Contributions
$2,251.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$679.40
Net Pay
$34,456.18
Marginal Tax Rate
18.7%
Average Tax Rate
13.05%
Comprehensive Deduction Rate
19.87%
Monthly Salary
Total Income
$3,583.33
Salary
$3,583.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$711.99
Federal Tax
$308.50
Provincial Tax
$159.24
CPP Contributions
$187.63
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$56.62
Net Pay
$2,871.35
Marginal Tax Rate
18.7%
Average Tax Rate
13.05%
Comprehensive Deduction Rate
19.87%
Biweekly Salary
Total Income
$1,653.85
Salary
$1,653.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$328.61
Federal Tax
$142.39
Provincial Tax
$73.50
CPP Contributions
$86.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$26.13
Net Pay
$1,325.24
Marginal Tax Rate
18.7%
Average Tax Rate
13.05%
Comprehensive Deduction Rate
19.87%
Weekly Salary
Total Income
$826.92
Salary
$826.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$164.30
Federal Tax
$71.19
Provincial Tax
$36.75
CPP Contributions
$43.30
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$13.07
Net Pay
$662.62
Marginal Tax Rate
18.7%
Average Tax Rate
13.05%
Comprehensive Deduction Rate
19.87%
Daily Salary
Total Income
$165.38
Salary
$165.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$32.86
Federal Tax
$14.24
Provincial Tax
$7.35
CPP Contributions
$8.66
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.61
Net Pay
$132.52
Marginal Tax Rate
18.7%
Average Tax Rate
13.05%
Comprehensive Deduction Rate
19.87%
Hourly Salary
Total Income
$22.05
Salary
$22.05
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$4.38
Federal Tax
$1.90
Provincial Tax
$0.98
CPP Contributions
$1.15
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.35
Net Pay
$17.67
Marginal Tax Rate
18.7%
Average Tax Rate
13.05%
Comprehensive Deduction Rate
19.87%
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
$43,000.00
Total Deductions
$7,561.23
Net Pay
$35,438.77
Average Tax Rate
10.77%
Comprehensive Deduction Rate
17.58%
Total Income
$43,000.00
Total Deductions
$8,076.10
Net Pay
$34,923.90
Average Tax Rate
11.97%
Comprehensive Deduction Rate
18.78%
Total Income
$43,000.00
Total Deductions
$8,088.57
Net Pay
$34,911.43
Average Tax Rate
11.99%
Comprehensive Deduction Rate
18.81%
Total Income
$43,000.00
Total Deductions
$8,193.53
Net Pay
$34,806.47
Average Tax Rate
12.24%
Comprehensive Deduction Rate
19.05%
Total Income
$43,000.00
Total Deductions
$8,543.82
Net Pay
$34,456.18
Average Tax Rate
13.05%
Comprehensive Deduction Rate
19.87%
Total Income
$43,000.00
Total Deductions
$8,702.96
Net Pay
$34,297.04
Average Tax Rate
13.42%
Comprehensive Deduction Rate
20.24%
Total Income
$43,000.00
Total Deductions
$9,095.63
Net Pay
$33,904.37
Average Tax Rate
14.34%
Comprehensive Deduction Rate
21.15%
Total Income
$43,000.00
Total Deductions
$9,297.77
Net Pay
$33,702.23
Average Tax Rate
14.81%
Comprehensive Deduction Rate
21.62%
Total Income
$43,000.00
Total Deductions
$9,489.10
Net Pay
$33,510.90
Average Tax Rate
15.25%
Comprehensive Deduction Rate
22.07%
Total Income
$43,000.00
Total Deductions
$9,898.22
Net Pay
$33,101.78
Average Tax Rate
16.2%
Comprehensive Deduction Rate
23.02%
Total Income
$43,000.00
Total Deductions
$10,026.68
Net Pay
$32,973.32
Average Tax Rate
15.97%
Comprehensive Deduction Rate
23.32%
Total Income
$43,000.00
Total Deductions
$10,032.25
Net Pay
$32,967.75
Average Tax Rate
16.51%
Comprehensive Deduction Rate
23.33%
Total Income
$43,000.00
Total Deductions
$10,066.57
Net Pay
$32,933.43
Average Tax Rate
16.59%
Comprehensive Deduction Rate
23.41%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $43,000.00 | $7,561.23 | $35,438.77 | 10.77% | 17.58% |
| Northwest Territories | $43,000.00 | $8,076.10 | $34,923.90 | 11.97% | 18.78% |
| British Columbia | $43,000.00 | $8,088.57 | $34,911.43 | 11.99% | 18.81% |
| Yukon | $43,000.00 | $8,193.53 | $34,806.47 | 12.24% | 19.05% |
| Ontario | $43,000.00 | $8,543.82 | $34,456.18 | 13.05% | 19.87% |
| Alberta | $43,000.00 | $8,702.96 | $34,297.04 | 13.42% | 20.24% |
| Saskatchewan | $43,000.00 | $9,095.63 | $33,904.37 | 14.34% | 21.15% |
| New Brunswick | $43,000.00 | $9,297.77 | $33,702.23 | 14.81% | 21.62% |
| Newfoundland and Labrador | $43,000.00 | $9,489.10 | $33,510.90 | 15.25% | 22.07% |
| Prince Edward Island | $43,000.00 | $9,898.22 | $33,101.78 | 16.2% | 23.02% |
| Quebec | $43,000.00 | $10,026.68 | $32,973.32 | 15.97% | 23.32% |
| Manitoba | $43,000.00 | $10,032.25 | $32,967.75 | 16.51% | 23.33% |
| Nova Scotia | $43,000.00 | $10,066.57 | $32,933.43 | 16.59% | 23.41% |
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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