2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$79,999.92
Salary
$79,999.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$20,395.84
Federal Tax
$10,410.98
Provincial Tax
$5,227.96
CPP Contributions
$3,754.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,002.45
Net Pay
$59,604.08
Marginal Tax Rate
29.65%
Average Tax Rate
19.55%
Comprehensive Deduction Rate
25.49%
Monthly Salary
Total Income
$6,666.66
Salary
$6,666.66
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,699.65
Federal Tax
$867.58
Provincial Tax
$435.66
CPP Contributions
$312.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$83.54
Net Pay
$4,967.01
Marginal Tax Rate
29.65%
Average Tax Rate
19.55%
Comprehensive Deduction Rate
25.49%
Biweekly Salary
Total Income
$3,076.92
Salary
$3,076.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$784.46
Federal Tax
$400.42
Provincial Tax
$201.08
CPP Contributions
$144.40
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$38.56
Net Pay
$2,292.46
Marginal Tax Rate
29.65%
Average Tax Rate
19.55%
Comprehensive Deduction Rate
25.49%
Weekly Salary
Total Income
$1,538.46
Salary
$1,538.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$392.23
Federal Tax
$200.21
Provincial Tax
$100.54
CPP Contributions
$72.20
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.28
Net Pay
$1,146.23
Marginal Tax Rate
29.65%
Average Tax Rate
19.55%
Comprehensive Deduction Rate
25.49%
Daily Salary
Total Income
$307.69
Salary
$307.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$78.45
Federal Tax
$40.04
Provincial Tax
$20.11
CPP Contributions
$14.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.86
Net Pay
$229.25
Marginal Tax Rate
29.65%
Average Tax Rate
19.55%
Comprehensive Deduction Rate
25.49%
Hourly Salary
Total Income
$41.03
Salary
$41.03
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$10.46
Federal Tax
$5.34
Provincial Tax
$2.68
CPP Contributions
$1.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.51
Net Pay
$30.57
Marginal Tax Rate
29.65%
Average Tax Rate
19.55%
Comprehensive Deduction Rate
25.49%
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
$79,999.92
Total Deductions
$18,346.77
Net Pay
$61,653.15
Average Tax Rate
16.99%
Comprehensive Deduction Rate
22.93%
Total Income
$79,999.92
Total Deductions
$19,291.33
Net Pay
$60,708.59
Average Tax Rate
18.17%
Comprehensive Deduction Rate
24.11%
Total Income
$79,999.92
Total Deductions
$19,501.18
Net Pay
$60,498.74
Average Tax Rate
18.43%
Comprehensive Deduction Rate
24.38%
Total Income
$79,999.92
Total Deductions
$19,648.36
Net Pay
$60,351.56
Average Tax Rate
18.61%
Comprehensive Deduction Rate
24.56%
Total Income
$79,999.92
Total Deductions
$20,395.84
Net Pay
$59,604.08
Average Tax Rate
19.55%
Comprehensive Deduction Rate
25.49%
Total Income
$79,999.92
Total Deductions
$20,622.32
Net Pay
$59,377.60
Average Tax Rate
19.83%
Comprehensive Deduction Rate
25.78%
Total Income
$79,999.92
Total Deductions
$21,851.94
Net Pay
$58,147.98
Average Tax Rate
21.37%
Comprehensive Deduction Rate
27.31%
Total Income
$79,999.92
Total Deductions
$22,566.00
Net Pay
$57,433.92
Average Tax Rate
22.26%
Comprehensive Deduction Rate
28.21%
Total Income
$79,999.92
Total Deductions
$22,583.28
Net Pay
$57,416.64
Average Tax Rate
22.28%
Comprehensive Deduction Rate
28.23%
Total Income
$79,999.92
Total Deductions
$23,072.27
Net Pay
$56,927.65
Average Tax Rate
22.89%
Comprehensive Deduction Rate
28.84%
Total Income
$79,999.92
Total Deductions
$23,781.52
Net Pay
$56,218.40
Average Tax Rate
23.78%
Comprehensive Deduction Rate
29.73%
Total Income
$79,999.92
Total Deductions
$24,526.01
Net Pay
$55,473.91
Average Tax Rate
24.71%
Comprehensive Deduction Rate
30.66%
Total Income
$79,999.92
Total Deductions
$24,564.94
Net Pay
$55,434.98
Average Tax Rate
24.19%
Comprehensive Deduction Rate
30.71%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $79,999.92 | $18,346.77 | $61,653.15 | 16.99% | 22.93% |
| British Columbia | $79,999.92 | $19,291.33 | $60,708.59 | 18.17% | 24.11% |
| Northwest Territories | $79,999.92 | $19,501.18 | $60,498.74 | 18.43% | 24.38% |
| Yukon | $79,999.92 | $19,648.36 | $60,351.56 | 18.61% | 24.56% |
| Ontario | $79,999.92 | $20,395.84 | $59,604.08 | 19.55% | 25.49% |
| Alberta | $79,999.92 | $20,622.32 | $59,377.60 | 19.83% | 25.78% |
| Saskatchewan | $79,999.92 | $21,851.94 | $58,147.98 | 21.37% | 27.31% |
| Manitoba | $79,999.92 | $22,566.00 | $57,433.92 | 22.26% | 28.21% |
| New Brunswick | $79,999.92 | $22,583.28 | $57,416.64 | 22.28% | 28.23% |
| Newfoundland and Labrador | $79,999.92 | $23,072.27 | $56,927.65 | 22.89% | 28.84% |
| Prince Edward Island | $79,999.92 | $23,781.52 | $56,218.40 | 23.78% | 29.73% |
| Nova Scotia | $79,999.92 | $24,526.01 | $55,473.91 | 24.71% | 30.66% |
| Quebec | $79,999.92 | $24,564.94 | $55,434.98 | 24.19% | 30.71% |
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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