2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$117,000.00
Salary
$117,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$33,404.04
Federal Tax
$18,561.99
Provincial Tax
$10,085.15
CPP Contributions
$3,754.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,002.45
Net Pay
$83,595.96
Marginal Tax Rate
43.4%
Average Tax Rate
24.48%
Comprehensive Deduction Rate
28.55%
Monthly Salary
Total Income
$9,750.00
Salary
$9,750.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,783.67
Federal Tax
$1,546.83
Provincial Tax
$840.43
CPP Contributions
$312.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$83.54
Net Pay
$6,966.33
Marginal Tax Rate
43.4%
Average Tax Rate
24.48%
Comprehensive Deduction Rate
28.55%
Biweekly Salary
Total Income
$4,500.00
Salary
$4,500.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,284.77
Federal Tax
$713.92
Provincial Tax
$387.89
CPP Contributions
$144.40
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$38.56
Net Pay
$3,215.23
Marginal Tax Rate
43.4%
Average Tax Rate
24.48%
Comprehensive Deduction Rate
28.55%
Weekly Salary
Total Income
$2,250.00
Salary
$2,250.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$642.39
Federal Tax
$356.96
Provincial Tax
$193.95
CPP Contributions
$72.20
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.28
Net Pay
$1,607.61
Marginal Tax Rate
43.4%
Average Tax Rate
24.48%
Comprehensive Deduction Rate
28.55%
Daily Salary
Total Income
$450.00
Salary
$450.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$128.48
Federal Tax
$71.39
Provincial Tax
$38.79
CPP Contributions
$14.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.86
Net Pay
$321.52
Marginal Tax Rate
43.4%
Average Tax Rate
24.48%
Comprehensive Deduction Rate
28.55%
Hourly Salary
Total Income
$60.00
Salary
$60.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$17.13
Federal Tax
$9.52
Provincial Tax
$5.17
CPP Contributions
$1.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.51
Net Pay
$42.87
Marginal Tax Rate
43.4%
Average Tax Rate
24.48%
Comprehensive Deduction Rate
28.55%
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% |
Income taxes on annual salaries
Annual Income Tax by Province/Territory
Total Income
$117,000.00
Total Deductions
$29,392.79
Net Pay
$87,607.21
Average Tax Rate
21.06%
Comprehensive Deduction Rate
25.12%
Total Income
$117,000.00
Total Deductions
$31,228.65
Net Pay
$85,771.35
Average Tax Rate
22.63%
Comprehensive Deduction Rate
26.69%
Total Income
$117,000.00
Total Deductions
$31,324.38
Net Pay
$85,675.62
Average Tax Rate
22.71%
Comprehensive Deduction Rate
26.77%
Total Income
$117,000.00
Total Deductions
$31,567.20
Net Pay
$85,432.80
Average Tax Rate
22.91%
Comprehensive Deduction Rate
26.98%
Total Income
$117,000.00
Total Deductions
$32,473.34
Net Pay
$84,526.66
Average Tax Rate
23.69%
Comprehensive Deduction Rate
27.75%
Total Income
$117,000.00
Total Deductions
$33,404.04
Net Pay
$83,595.96
Average Tax Rate
24.48%
Comprehensive Deduction Rate
28.55%
Total Income
$117,000.00
Total Deductions
$34,627.96
Net Pay
$82,372.04
Average Tax Rate
25.53%
Comprehensive Deduction Rate
29.6%
Total Income
$117,000.00
Total Deductions
$36,345.30
Net Pay
$80,654.70
Average Tax Rate
27%
Comprehensive Deduction Rate
31.06%
Total Income
$117,000.00
Total Deductions
$37,032.29
Net Pay
$79,967.71
Average Tax Rate
27.59%
Comprehensive Deduction Rate
31.65%
Total Income
$117,000.00
Total Deductions
$37,155.02
Net Pay
$79,844.98
Average Tax Rate
27.69%
Comprehensive Deduction Rate
31.76%
Total Income
$117,000.00
Total Deductions
$38,340.81
Net Pay
$78,659.19
Average Tax Rate
28.7%
Comprehensive Deduction Rate
32.77%
Total Income
$117,000.00
Total Deductions
$39,044.03
Net Pay
$77,955.97
Average Tax Rate
29.31%
Comprehensive Deduction Rate
33.37%
Total Income
$117,000.00
Total Deductions
$39,509.05
Net Pay
$77,490.95
Average Tax Rate
29.27%
Comprehensive Deduction Rate
33.77%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $117,000.00 | $29,392.79 | $87,607.21 | 21.06% | 25.12% |
| British Columbia | $117,000.00 | $31,228.65 | $85,771.35 | 22.63% | 26.69% |
| Yukon | $117,000.00 | $31,324.38 | $85,675.62 | 22.71% | 26.77% |
| Northwest Territories | $117,000.00 | $31,567.20 | $85,432.80 | 22.91% | 26.98% |
| Alberta | $117,000.00 | $32,473.34 | $84,526.66 | 23.69% | 27.75% |
| Ontario | $117,000.00 | $33,404.04 | $83,595.96 | 24.48% | 28.55% |
| Saskatchewan | $117,000.00 | $34,627.96 | $82,372.04 | 25.53% | 29.6% |
| New Brunswick | $117,000.00 | $36,345.30 | $80,654.70 | 27% | 31.06% |
| Newfoundland and Labrador | $117,000.00 | $37,032.29 | $79,967.71 | 27.59% | 31.65% |
| Manitoba | $117,000.00 | $37,155.02 | $79,844.98 | 27.69% | 31.76% |
| Prince Edward Island | $117,000.00 | $38,340.81 | $78,659.19 | 28.7% | 32.77% |
| Nova Scotia | $117,000.00 | $39,044.03 | $77,955.97 | 29.31% | 33.37% |
| Quebec | $117,000.00 | $39,509.05 | $77,490.95 | 29.27% | 33.77% |
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.