2023 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Province/Territory

Tax Year

Salary

Rate

Work Hours per Day

Bonus

Commission

Pension Income

Taxable Benefit

RRSP

Your Results

Yearly Salary

Total Income $72,000.24

Salary $72,000.24

Total Deductions $17,873.99

Federal Tax $8,771.04

Provincial Tax $4,346.05

CPP Contributions $3,754.45

EI Premiums $1,002.45

Net Pay $54,126.25

Marginal Tax Rate 54.65%

Average Tax Rate 18.22%

Comprehensive Deduction Rate 24.82%

$72,000.24 a year is how much per hour?
What is the minimum wage in Ontario in 2025?

Monthly Salary

Total Income $6,000.02

Salary $6,000.02

Total Deductions $1,489.50

Federal Tax $730.92

Provincial Tax $362.17

CPP Contributions $312.87

EI Premiums $83.54

Net Pay $4,510.52

Marginal Tax Rate 54.65%

Average Tax Rate 18.22%

Comprehensive Deduction Rate 24.82%

$6,000.02 a month is how much per year?
What is the minimum wage in Ontario in 2025?

Biweekly Salary

Total Income $2,769.24

Salary $2,769.24

Total Deductions $687.46

Federal Tax $337.35

Provincial Tax $167.16

CPP Contributions $144.40

EI Premiums $38.56

Net Pay $2,081.78

Marginal Tax Rate 54.65%

Average Tax Rate 18.22%

Comprehensive Deduction Rate 24.82%

$2,769.24 per two weeks is how much per year?
What is the minimum wage in Ontario in 2025?

Weekly Salary

Total Income $1,384.62

Salary $1,384.62

Total Deductions $343.73

Federal Tax $168.67

Provincial Tax $83.58

CPP Contributions $72.20

EI Premiums $19.28

Net Pay $1,040.89

Marginal Tax Rate 54.65%

Average Tax Rate 18.22%

Comprehensive Deduction Rate 24.82%

$1,384.62 a week is how much per year?
What is the minimum wage in Ontario in 2025?

Daily Salary

Total Income $276.92

Salary $276.92

Total Deductions $68.75

Federal Tax $33.73

Provincial Tax $16.72

CPP Contributions $14.44

EI Premiums $3.86

Net Pay $208.18

Marginal Tax Rate 54.65%

Average Tax Rate 18.22%

Comprehensive Deduction Rate 24.82%

$276.92 a day is how much per year?
What is the minimum wage in Ontario in 2025?

Hourly Salary

Total Income $36.92

Salary $36.92

Total Deductions $9.17

Federal Tax $4.50

Provincial Tax $2.23

CPP Contributions $1.93

EI Premiums $0.51

Net Pay $27.76

Marginal Tax Rate 54.65%

Average Tax Rate 18.22%

Comprehensive Deduction Rate 24.82%

$36.92 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

Nunavut

Total Income $72,000.24

Total Deductions $16,146.86

Net Pay $55,853.38

Average Tax Rate 15.82%

Comprehensive Deduction Rate 22.43%

British Columbia

Total Income $72,000.24

Total Deductions $17,035.42

Net Pay $54,964.82

Average Tax Rate 17.05%

Comprehensive Deduction Rate 23.66%

Northwest Territories

Total Income $72,000.24

Total Deductions $17,173.27

Net Pay $54,826.97

Average Tax Rate 17.24%

Comprehensive Deduction Rate 23.85%

Yukon

Total Income $72,000.24

Total Deductions $17,288.45

Net Pay $54,711.79

Average Tax Rate 17.4%

Comprehensive Deduction Rate 24.01%

Ontario

Total Income $72,000.24

Total Deductions $17,873.99

Net Pay $54,126.25

Average Tax Rate 18.22%

Comprehensive Deduction Rate 24.82%

Alberta

Total Income $72,000.24

Total Deductions $18,182.41

Net Pay $53,817.83

Average Tax Rate 18.65%

Comprehensive Deduction Rate 25.25%

Saskatchewan

Total Income $72,000.24

Total Deductions $19,212.04

Net Pay $52,788.20

Average Tax Rate 20.08%

Comprehensive Deduction Rate 26.68%

New Brunswick

Total Income $72,000.24

Total Deductions $19,823.38

Net Pay $52,176.86

Average Tax Rate 20.93%

Comprehensive Deduction Rate 27.53%

Manitoba

Total Income $72,000.24

Total Deductions $19,889.10

Net Pay $52,111.14

Average Tax Rate 21.02%

Comprehensive Deduction Rate 27.62%

Newfoundland and Labrador

Total Income $72,000.24

Total Deductions $20,272.37

Net Pay $51,727.87

Average Tax Rate 21.55%

Comprehensive Deduction Rate 28.16%

Prince Edward Island

Total Income $72,000.24

Total Deductions $20,805.63

Net Pay $51,194.61

Average Tax Rate 22.29%

Comprehensive Deduction Rate 28.9%

Nova Scotia

Total Income $72,000.24

Total Deductions $21,536.70

Net Pay $50,463.54

Average Tax Rate 23.31%

Comprehensive Deduction Rate 29.91%

Quebec

Total Income $72,000.24

Total Deductions $21,561.10

Net Pay $50,439.14

Average Tax Rate 22.76%

Comprehensive Deduction Rate 29.95%

Region	Total Income	Total Deductions	Net Pay	Avg. Tax Rate	Comp. Deduction Rate
Nunavut	$72,000.24	$16,146.86	$55,853.38	15.82%	22.43%
British Columbia	$72,000.24	$17,035.42	$54,964.82	17.05%	23.66%
Northwest Territories	$72,000.24	$17,173.27	$54,826.97	17.24%	23.85%
Yukon	$72,000.24	$17,288.45	$54,711.79	17.4%	24.01%
Ontario	$72,000.24	$17,873.99	$54,126.25	18.22%	24.82%
Alberta	$72,000.24	$18,182.41	$53,817.83	18.65%	25.25%
Saskatchewan	$72,000.24	$19,212.04	$52,788.20	20.08%	26.68%
New Brunswick	$72,000.24	$19,823.38	$52,176.86	20.93%	27.53%
Manitoba	$72,000.24	$19,889.10	$52,111.14	21.02%	27.62%
Newfoundland and Labrador	$72,000.24	$20,272.37	$51,727.87	21.55%	28.16%
Prince Edward Island	$72,000.24	$20,805.63	$51,194.61	22.29%	28.9%
Nova Scotia	$72,000.24	$21,536.70	$50,463.54	23.31%	29.91%
Quebec	$72,000.24	$21,561.10	$50,439.14	22.76%	29.95%

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.