2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$20,000.00
Salary
$20,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,817.32
Federal Tax
$368.01
Provincial Tax
$141.56
CPP Contributions
$981.75
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$326.00
Net Pay
$18,182.68
Marginal Tax Rate
29.32%
Average Tax Rate
2.55%
Comprehensive Deduction Rate
9.09%
Monthly Salary
Total Income
$1,666.67
Salary
$1,666.67
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$151.44
Federal Tax
$30.67
Provincial Tax
$11.80
CPP Contributions
$81.81
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$27.17
Net Pay
$1,515.22
Marginal Tax Rate
29.32%
Average Tax Rate
2.55%
Comprehensive Deduction Rate
9.09%
Biweekly Salary
Total Income
$769.23
Salary
$769.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$69.90
Federal Tax
$14.15
Provincial Tax
$5.44
CPP Contributions
$37.76
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$12.54
Net Pay
$699.33
Marginal Tax Rate
29.32%
Average Tax Rate
2.55%
Comprehensive Deduction Rate
9.09%
Weekly Salary
Total Income
$384.62
Salary
$384.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$34.95
Federal Tax
$7.08
Provincial Tax
$2.72
CPP Contributions
$18.88
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$6.27
Net Pay
$349.67
Marginal Tax Rate
29.32%
Average Tax Rate
2.55%
Comprehensive Deduction Rate
9.09%
Daily Salary
Total Income
$76.92
Salary
$76.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$6.99
Federal Tax
$1.42
Provincial Tax
$0.54
CPP Contributions
$3.78
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.25
Net Pay
$69.93
Marginal Tax Rate
29.32%
Average Tax Rate
2.55%
Comprehensive Deduction Rate
9.09%
Hourly Salary
Total Income
$10.26
Salary
$10.26
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$0.93
Federal Tax
$0.19
Provincial Tax
$0.07
CPP Contributions
$0.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.17
Net Pay
$9.32
Marginal Tax Rate
29.32%
Average Tax Rate
2.55%
Comprehensive Deduction Rate
9.09%
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
$20,000.00
Total Deductions
$1,675.76
Net Pay
$18,324.24
Average Tax Rate
1.84%
Comprehensive Deduction Rate
8.38%
Total Income
$20,000.00
Total Deductions
$1,675.76
Net Pay
$18,324.24
Average Tax Rate
1.84%
Comprehensive Deduction Rate
8.38%
Total Income
$20,000.00
Total Deductions
$1,706.45
Net Pay
$18,293.55
Average Tax Rate
1.99%
Comprehensive Deduction Rate
8.53%
Total Income
$20,000.00
Total Deductions
$1,784.04
Net Pay
$18,215.96
Average Tax Rate
2.38%
Comprehensive Deduction Rate
8.92%
Total Income
$20,000.00
Total Deductions
$1,799.61
Net Pay
$18,200.39
Average Tax Rate
2.46%
Comprehensive Deduction Rate
9%
Total Income
$20,000.00
Total Deductions
$1,817.32
Net Pay
$18,182.68
Average Tax Rate
2.55%
Comprehensive Deduction Rate
9.09%
Total Income
$20,000.00
Total Deductions
$1,824.51
Net Pay
$18,175.49
Average Tax Rate
2.58%
Comprehensive Deduction Rate
9.12%
Total Income
$20,000.00
Total Deductions
$1,936.73
Net Pay
$18,063.27
Average Tax Rate
2.64%
Comprehensive Deduction Rate
9.68%
Total Income
$20,000.00
Total Deductions
$2,074.52
Net Pay
$17,925.48
Average Tax Rate
3.83%
Comprehensive Deduction Rate
10.37%
Total Income
$20,000.00
Total Deductions
$2,261.78
Net Pay
$17,738.22
Average Tax Rate
4.77%
Comprehensive Deduction Rate
11.31%
Total Income
$20,000.00
Total Deductions
$2,309.63
Net Pay
$17,690.37
Average Tax Rate
5.01%
Comprehensive Deduction Rate
11.55%
Total Income
$20,000.00
Total Deductions
$2,331.60
Net Pay
$17,668.40
Average Tax Rate
5.12%
Comprehensive Deduction Rate
11.66%
Total Income
$20,000.00
Total Deductions
$2,398.76
Net Pay
$17,601.24
Average Tax Rate
5.46%
Comprehensive Deduction Rate
11.99%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Alberta | $20,000.00 | $1,675.76 | $18,324.24 | 1.84% | 8.38% |
| British Columbia | $20,000.00 | $1,675.76 | $18,324.24 | 1.84% | 8.38% |
| Nunavut | $20,000.00 | $1,706.45 | $18,293.55 | 1.99% | 8.53% |
| Saskatchewan | $20,000.00 | $1,784.04 | $18,215.96 | 2.38% | 8.92% |
| Northwest Territories | $20,000.00 | $1,799.61 | $18,200.39 | 2.46% | 9% |
| Ontario | $20,000.00 | $1,817.32 | $18,182.68 | 2.55% | 9.09% |
| Yukon | $20,000.00 | $1,824.51 | $18,175.49 | 2.58% | 9.12% |
| Quebec | $20,000.00 | $1,936.73 | $18,063.27 | 2.64% | 9.68% |
| Manitoba | $20,000.00 | $2,074.52 | $17,925.48 | 3.83% | 10.37% |
| New Brunswick | $20,000.00 | $2,261.78 | $17,738.22 | 4.77% | 11.31% |
| Nova Scotia | $20,000.00 | $2,309.63 | $17,690.37 | 5.01% | 11.55% |
| Prince Edward Island | $20,000.00 | $2,331.60 | $17,668.40 | 5.12% | 11.66% |
| Newfoundland and Labrador | $20,000.00 | $2,398.76 | $17,601.24 | 5.46% | 11.99% |
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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