2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$88,000.12
Salary
$88,000.12
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$22,767.90
Federal Tax
$12,051.02
Provincial Tax
$5,959.98
CPP Contributions
$3,754.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,002.45
Net Pay
$65,232.22
Marginal Tax Rate
29.65%
Average Tax Rate
20.47%
Comprehensive Deduction Rate
25.87%
Monthly Salary
Total Income
$7,333.34
Salary
$7,333.34
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,897.33
Federal Tax
$1,004.25
Provincial Tax
$496.67
CPP Contributions
$312.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$83.54
Net Pay
$5,436.02
Marginal Tax Rate
29.65%
Average Tax Rate
20.47%
Comprehensive Deduction Rate
25.87%
Biweekly Salary
Total Income
$3,384.62
Salary
$3,384.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$875.69
Federal Tax
$463.50
Provincial Tax
$229.23
CPP Contributions
$144.40
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$38.56
Net Pay
$2,508.93
Marginal Tax Rate
29.65%
Average Tax Rate
20.47%
Comprehensive Deduction Rate
25.87%
Weekly Salary
Total Income
$1,692.31
Salary
$1,692.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$437.84
Federal Tax
$231.75
Provincial Tax
$114.62
CPP Contributions
$72.20
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.28
Net Pay
$1,254.47
Marginal Tax Rate
29.65%
Average Tax Rate
20.47%
Comprehensive Deduction Rate
25.87%
Daily Salary
Total Income
$338.46
Salary
$338.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$87.57
Federal Tax
$46.35
Provincial Tax
$22.92
CPP Contributions
$14.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.86
Net Pay
$250.89
Marginal Tax Rate
29.65%
Average Tax Rate
20.47%
Comprehensive Deduction Rate
25.87%
Hourly Salary
Total Income
$45.13
Salary
$45.13
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$11.68
Federal Tax
$6.18
Provincial Tax
$3.06
CPP Contributions
$1.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.51
Net Pay
$33.45
Marginal Tax Rate
29.65%
Average Tax Rate
20.47%
Comprehensive Deduction Rate
25.87%
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
$88,000.12
Total Deductions
$20,546.83
Net Pay
$67,453.29
Average Tax Rate
17.94%
Comprehensive Deduction Rate
23.35%
Total Income
$88,000.12
Total Deductions
$21,547.39
Net Pay
$66,452.73
Average Tax Rate
19.08%
Comprehensive Deduction Rate
24.49%
Total Income
$88,000.12
Total Deductions
$21,829.24
Net Pay
$66,170.88
Average Tax Rate
19.4%
Comprehensive Deduction Rate
24.81%
Total Income
$88,000.12
Total Deductions
$22,008.42
Net Pay
$65,991.70
Average Tax Rate
19.6%
Comprehensive Deduction Rate
25.01%
Total Income
$88,000.12
Total Deductions
$22,767.90
Net Pay
$65,232.22
Average Tax Rate
20.47%
Comprehensive Deduction Rate
25.87%
Total Income
$88,000.12
Total Deductions
$23,062.38
Net Pay
$64,937.74
Average Tax Rate
20.8%
Comprehensive Deduction Rate
26.21%
Total Income
$88,000.12
Total Deductions
$24,492.01
Net Pay
$63,508.11
Average Tax Rate
22.43%
Comprehensive Deduction Rate
27.83%
Total Income
$88,000.12
Total Deductions
$25,343.35
Net Pay
$62,656.77
Average Tax Rate
23.39%
Comprehensive Deduction Rate
28.8%
Total Income
$88,000.12
Total Deductions
$25,598.07
Net Pay
$62,402.05
Average Tax Rate
23.68%
Comprehensive Deduction Rate
29.09%
Total Income
$88,000.12
Total Deductions
$25,939.34
Net Pay
$62,060.78
Average Tax Rate
24.07%
Comprehensive Deduction Rate
29.48%
Total Income
$88,000.12
Total Deductions
$26,757.59
Net Pay
$61,242.53
Average Tax Rate
25%
Comprehensive Deduction Rate
30.41%
Total Income
$88,000.12
Total Deductions
$27,499.68
Net Pay
$60,500.44
Average Tax Rate
25.84%
Comprehensive Deduction Rate
31.25%
Total Income
$88,000.12
Total Deductions
$27,568.99
Net Pay
$60,431.13
Average Tax Rate
25.36%
Comprehensive Deduction Rate
31.33%
Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
---|---|---|---|---|---|
Nunavut | $88,000.12 | $20,546.83 | $67,453.29 | 17.94% | 23.35% |
British Columbia | $88,000.12 | $21,547.39 | $66,452.73 | 19.08% | 24.49% |
Northwest Territories | $88,000.12 | $21,829.24 | $66,170.88 | 19.4% | 24.81% |
Yukon | $88,000.12 | $22,008.42 | $65,991.70 | 19.6% | 25.01% |
Ontario | $88,000.12 | $22,767.90 | $65,232.22 | 20.47% | 25.87% |
Alberta | $88,000.12 | $23,062.38 | $64,937.74 | 20.8% | 26.21% |
Saskatchewan | $88,000.12 | $24,492.01 | $63,508.11 | 22.43% | 27.83% |
New Brunswick | $88,000.12 | $25,343.35 | $62,656.77 | 23.39% | 28.8% |
Manitoba | $88,000.12 | $25,598.07 | $62,402.05 | 23.68% | 29.09% |
Newfoundland and Labrador | $88,000.12 | $25,939.34 | $62,060.78 | 24.07% | 29.48% |
Prince Edward Island | $88,000.12 | $26,757.59 | $61,242.53 | 25% | 30.41% |
Nova Scotia | $88,000.12 | $27,499.68 | $60,500.44 | 25.84% | 31.25% |
Quebec | $88,000.12 | $27,568.99 | $60,431.13 | 25.36% | 31.33% |
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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