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2023 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Your Results

Yearly Salary
Total Income $1,000,000.00
Salary $1,000,000.00
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $497,898.80
Federal Tax $303,751.99
Provincial Tax $189,389.91
CPP Contributions $3,754.45
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $1,002.45
Net Pay $502,101.20
Marginal Tax Rate 53.53%
Average Tax Rate 49.31%
Comprehensive Deduction Rate 49.79%
$1,000,000.00 a year is how much per hour?
What is the minimum wage in Ontario in 2025?
Monthly Salary
Total Income $83,333.33
Salary $83,333.33
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $41,491.57
Federal Tax $25,312.67
Provincial Tax $15,782.49
CPP Contributions $312.87
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $83.54
Net Pay $41,841.77
Marginal Tax Rate 53.53%
Average Tax Rate 49.31%
Comprehensive Deduction Rate 49.79%
$83,333.33 a month is how much per year?
What is the minimum wage in Ontario in 2025?
Biweekly Salary
Total Income $38,461.54
Salary $38,461.54
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $19,149.95
Federal Tax $11,682.77
Provincial Tax $7,284.23
CPP Contributions $144.40
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $38.56
Net Pay $19,311.58
Marginal Tax Rate 53.53%
Average Tax Rate 49.31%
Comprehensive Deduction Rate 49.79%
$38,461.54 per two weeks is how much per year?
What is the minimum wage in Ontario in 2025?
Weekly Salary
Total Income $19,230.77
Salary $19,230.77
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $9,574.98
Federal Tax $5,841.38
Provincial Tax $3,642.11
CPP Contributions $72.20
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $19.28
Net Pay $9,655.79
Marginal Tax Rate 53.53%
Average Tax Rate 49.31%
Comprehensive Deduction Rate 49.79%
$19,230.77 a week is how much per year?
What is the minimum wage in Ontario in 2025?
Daily Salary
Total Income $3,846.15
Salary $3,846.15
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $1,915.00
Federal Tax $1,168.28
Provincial Tax $728.42
CPP Contributions $14.44
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $3.86
Net Pay $1,931.16
Marginal Tax Rate 53.53%
Average Tax Rate 49.31%
Comprehensive Deduction Rate 49.79%
$3,846.15 a day is how much per year?
What is the minimum wage in Ontario in 2025?
Hourly Salary
Total Income $512.82
Salary $512.82
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $255.33
Federal Tax $155.77
Provincial Tax $97.12
CPP Contributions $1.93
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $0.51
Net Pay $257.49
Marginal Tax Rate 53.53%
Average Tax Rate 49.31%
Comprehensive Deduction Rate 49.79%
$512.82 an hour is how much per year?
What is the minimum wage in Ontario in 2025?

Federal and Provincial/Territorial Tax Brackets

Your taxable income in the following tax brackets.
Federal Tax Bracket Federal Tax Rates
$53,359.00 or less 15%
$53,359.00 - $106,716.99 20.5%
$106,717.00 - $165,429.99 26%
$165,430.00 - $235,674.99 29%
More than $235,675.00 33%
Ontario Tax Bracket Ontario Tax Rates
$49,231.00 or less 5.05%
$49,231.00 - $98,462.99 9.15%
$98,463.00 - $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 $1,000,000.00
Total Deductions $414,916.79
Net Pay $585,083.21
Average Tax Rate 41.02%
Comprehensive Deduction Rate 41.49%
Total Income $1,000,000.00
Total Deductions $439,618.38
Net Pay $560,381.62
Average Tax Rate 43.49%
Comprehensive Deduction Rate 43.96%
Total Income $1,000,000.00
Total Deductions $440,076.20
Net Pay $559,923.80
Average Tax Rate 43.53%
Comprehensive Deduction Rate 44.01%
Total Income $1,000,000.00
Total Deductions $445,718.34
Net Pay $554,281.66
Average Tax Rate 44.1%
Comprehensive Deduction Rate 44.57%
Total Income $1,000,000.00
Total Deductions $447,350.96
Net Pay $552,649.04
Average Tax Rate 44.26%
Comprehensive Deduction Rate 44.74%
Total Income $1,000,000.00
Total Deductions $475,987.02
Net Pay $524,012.98
Average Tax Rate 47.12%
Comprehensive Deduction Rate 47.6%
Total Income $1,000,000.00
Total Deductions $485,737.91
Net Pay $514,262.09
Average Tax Rate 48.1%
Comprehensive Deduction Rate 48.57%
Total Income $1,000,000.00
Total Deductions $491,439.35
Net Pay $508,560.65
Average Tax Rate 48.67%
Comprehensive Deduction Rate 49.14%
Total Income $1,000,000.00
Total Deductions $491,629.30
Net Pay $508,370.70
Average Tax Rate 48.69%
Comprehensive Deduction Rate 49.16%
Total Income $1,000,000.00
Total Deductions $497,898.80
Net Pay $502,101.20
Average Tax Rate 49.31%
Comprehensive Deduction Rate 49.79%
Total Income $1,000,000.00
Total Deductions $504,335.29
Net Pay $495,664.71
Average Tax Rate 49.96%
Comprehensive Deduction Rate 50.43%
Total Income $1,000,000.00
Total Deductions $504,943.09
Net Pay $495,056.91
Average Tax Rate 49.97%
Comprehensive Deduction Rate 50.49%
Total Income $1,000,000.00
Total Deductions $508,509.03
Net Pay $491,490.97
Average Tax Rate 50.38%
Comprehensive Deduction Rate 50.85%
Region Total Income Total Deductions Net Pay Avg. Tax Rate Comp. Deduction Rate
Nunavut $1,000,000.00 $414,916.79 $585,083.21 41.02% 41.49%
Yukon $1,000,000.00 $439,618.38 $560,381.62 43.49% 43.96%
Northwest Territories $1,000,000.00 $440,076.20 $559,923.80 43.53% 44.01%
Alberta $1,000,000.00 $445,718.34 $554,281.66 44.1% 44.57%
Saskatchewan $1,000,000.00 $447,350.96 $552,649.04 44.26% 44.74%
Manitoba $1,000,000.00 $475,987.02 $524,012.98 47.12% 47.6%
Prince Edward Island $1,000,000.00 $485,737.91 $514,262.09 48.1% 48.57%
British Columbia $1,000,000.00 $491,439.35 $508,560.65 48.67% 49.14%
New Brunswick $1,000,000.00 $491,629.30 $508,370.70 48.69% 49.16%
Ontario $1,000,000.00 $497,898.80 $502,101.20 49.31% 49.79%
Newfoundland and Labrador $1,000,000.00 $504,335.29 $495,664.71 49.96% 50.43%
Quebec $1,000,000.00 $504,943.09 $495,056.91 49.97% 50.49%
Nova Scotia $1,000,000.00 $508,509.03 $491,490.97 50.38% 50.85%
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.