2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$41,999.88
Salary
$41,999.88
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$8,240.59
Federal Tax
$3,443.69
Provincial Tax
$1,821.56
CPP Contributions
$2,290.74
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$684.60
Net Pay
$33,759.29
Marginal Tax Rate
18.64%
Average Tax Rate
12.54%
Comprehensive Deduction Rate
19.62%
Monthly Salary
Total Income
$3,499.99
Salary
$3,499.99
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$686.72
Federal Tax
$286.97
Provincial Tax
$151.80
CPP Contributions
$190.90
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$57.05
Net Pay
$2,813.27
Marginal Tax Rate
18.64%
Average Tax Rate
12.54%
Comprehensive Deduction Rate
19.62%
Biweekly Salary
Total Income
$1,615.38
Salary
$1,615.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$316.95
Federal Tax
$132.45
Provincial Tax
$70.06
CPP Contributions
$88.11
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$26.33
Net Pay
$1,298.43
Marginal Tax Rate
18.64%
Average Tax Rate
12.54%
Comprehensive Deduction Rate
19.62%
Weekly Salary
Total Income
$807.69
Salary
$807.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$158.47
Federal Tax
$66.22
Provincial Tax
$35.03
CPP Contributions
$44.05
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$13.17
Net Pay
$649.22
Marginal Tax Rate
18.64%
Average Tax Rate
12.54%
Comprehensive Deduction Rate
19.62%
Daily Salary
Total Income
$161.54
Salary
$161.54
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$31.69
Federal Tax
$13.24
Provincial Tax
$7.01
CPP Contributions
$8.81
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.63
Net Pay
$129.84
Marginal Tax Rate
18.64%
Average Tax Rate
12.54%
Comprehensive Deduction Rate
19.62%
Hourly Salary
Total Income
$21.54
Salary
$21.54
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$4.23
Federal Tax
$1.77
Provincial Tax
$0.93
CPP Contributions
$1.17
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.35
Net Pay
$17.31
Marginal Tax Rate
18.64%
Average Tax Rate
12.54%
Comprehensive Deduction Rate
19.62%
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
$41,999.88
Total Deductions
$7,263.02
Net Pay
$34,736.86
Average Tax Rate
10.21%
Comprehensive Deduction Rate
17.29%
Total Income
$41,999.88
Total Deductions
$7,742.48
Net Pay
$34,257.40
Average Tax Rate
11.35%
Comprehensive Deduction Rate
18.43%
Total Income
$41,999.88
Total Deductions
$7,787.43
Net Pay
$34,212.45
Average Tax Rate
11.46%
Comprehensive Deduction Rate
18.54%
Total Income
$41,999.88
Total Deductions
$7,869.05
Net Pay
$34,130.83
Average Tax Rate
11.65%
Comprehensive Deduction Rate
18.74%
Total Income
$41,999.88
Total Deductions
$8,221.19
Net Pay
$33,778.69
Average Tax Rate
12.49%
Comprehensive Deduction Rate
19.57%
Total Income
$41,999.88
Total Deductions
$8,240.59
Net Pay
$33,759.29
Average Tax Rate
12.54%
Comprehensive Deduction Rate
19.62%
Total Income
$41,999.88
Total Deductions
$8,662.20
Net Pay
$33,337.68
Average Tax Rate
13.54%
Comprehensive Deduction Rate
20.62%
Total Income
$41,999.88
Total Deductions
$8,916.29
Net Pay
$33,083.59
Average Tax Rate
14.15%
Comprehensive Deduction Rate
21.23%
Total Income
$41,999.88
Total Deductions
$8,941.93
Net Pay
$33,057.95
Average Tax Rate
14.21%
Comprehensive Deduction Rate
21.29%
Total Income
$41,999.88
Total Deductions
$9,114.67
Net Pay
$32,885.21
Average Tax Rate
14.62%
Comprehensive Deduction Rate
21.7%
Total Income
$41,999.88
Total Deductions
$9,468.43
Net Pay
$32,531.45
Average Tax Rate
15.46%
Comprehensive Deduction Rate
22.54%
Total Income
$41,999.88
Total Deductions
$9,566.87
Net Pay
$32,433.01
Average Tax Rate
15.15%
Comprehensive Deduction Rate
22.78%
Total Income
$41,999.88
Total Deductions
$9,693.96
Net Pay
$32,305.92
Average Tax Rate
16%
Comprehensive Deduction Rate
23.08%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $41,999.88 | $7,263.02 | $34,736.86 | 10.21% | 17.29% |
| Northwest Territories | $41,999.88 | $7,742.48 | $34,257.40 | 11.35% | 18.43% |
| British Columbia | $41,999.88 | $7,787.43 | $34,212.45 | 11.46% | 18.54% |
| Yukon | $41,999.88 | $7,869.05 | $34,130.83 | 11.65% | 18.74% |
| Alberta | $41,999.88 | $8,221.19 | $33,778.69 | 12.49% | 19.57% |
| Ontario | $41,999.88 | $8,240.59 | $33,759.29 | 12.54% | 19.62% |
| Saskatchewan | $41,999.88 | $8,662.20 | $33,337.68 | 13.54% | 20.62% |
| New Brunswick | $41,999.88 | $8,916.29 | $33,083.59 | 14.15% | 21.23% |
| Newfoundland and Labrador | $41,999.88 | $8,941.93 | $33,057.95 | 14.21% | 21.29% |
| Manitoba | $41,999.88 | $9,114.67 | $32,885.21 | 14.62% | 21.7% |
| Prince Edward Island | $41,999.88 | $9,468.43 | $32,531.45 | 15.46% | 22.54% |
| Quebec | $41,999.88 | $9,566.87 | $32,433.01 | 15.15% | 22.78% |
| Nova Scotia | $41,999.88 | $9,693.96 | $32,305.92 | 16% | 23.08% |
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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