2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$42,003.00
Salary
$42,003.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$8,241.41
Federal Tax
$3,444.13
Provincial Tax
$1,821.70
CPP Contributions
$2,290.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$684.65
Net Pay
$33,761.59
Marginal Tax Rate
18.65%
Average Tax Rate
12.54%
Comprehensive Deduction Rate
19.62%
Monthly Salary
Total Income
$3,500.25
Salary
$3,500.25
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$686.78
Federal Tax
$287.01
Provincial Tax
$151.81
CPP Contributions
$190.91
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$57.05
Net Pay
$2,813.47
Marginal Tax Rate
18.65%
Average Tax Rate
12.54%
Comprehensive Deduction Rate
19.62%
Biweekly Salary
Total Income
$1,615.50
Salary
$1,615.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$316.98
Federal Tax
$132.47
Provincial Tax
$70.07
CPP Contributions
$88.11
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$26.33
Net Pay
$1,298.52
Marginal Tax Rate
18.65%
Average Tax Rate
12.54%
Comprehensive Deduction Rate
19.62%
Weekly Salary
Total Income
$807.75
Salary
$807.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$158.49
Federal Tax
$66.23
Provincial Tax
$35.03
CPP Contributions
$44.06
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$13.17
Net Pay
$649.26
Marginal Tax Rate
18.65%
Average Tax Rate
12.54%
Comprehensive Deduction Rate
19.62%
Daily Salary
Total Income
$161.55
Salary
$161.55
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$31.70
Federal Tax
$13.25
Provincial Tax
$7.01
CPP Contributions
$8.81
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.63
Net Pay
$129.85
Marginal Tax Rate
18.65%
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
18.65%
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
$42,003.00
Total Deductions
$7,263.81
Net Pay
$34,739.19
Average Tax Rate
10.21%
Comprehensive Deduction Rate
17.29%
Total Income
$42,003.00
Total Deductions
$7,743.34
Net Pay
$34,259.66
Average Tax Rate
11.35%
Comprehensive Deduction Rate
18.44%
Total Income
$42,003.00
Total Deductions
$7,788.26
Net Pay
$34,214.74
Average Tax Rate
11.46%
Comprehensive Deduction Rate
18.54%
Total Income
$42,003.00
Total Deductions
$7,869.91
Net Pay
$34,133.09
Average Tax Rate
11.65%
Comprehensive Deduction Rate
18.74%
Total Income
$42,003.00
Total Deductions
$8,222.15
Net Pay
$33,780.85
Average Tax Rate
12.49%
Comprehensive Deduction Rate
19.58%
Total Income
$42,003.00
Total Deductions
$8,241.41
Net Pay
$33,761.59
Average Tax Rate
12.54%
Comprehensive Deduction Rate
19.62%
Total Income
$42,003.00
Total Deductions
$8,663.18
Net Pay
$33,339.82
Average Tax Rate
13.54%
Comprehensive Deduction Rate
20.63%
Total Income
$42,003.00
Total Deductions
$8,917.24
Net Pay
$33,085.76
Average Tax Rate
14.15%
Comprehensive Deduction Rate
21.23%
Total Income
$42,003.00
Total Deductions
$8,943.04
Net Pay
$33,059.96
Average Tax Rate
14.21%
Comprehensive Deduction Rate
21.29%
Total Income
$42,003.00
Total Deductions
$9,115.73
Net Pay
$32,887.27
Average Tax Rate
14.62%
Comprehensive Deduction Rate
21.7%
Total Income
$42,003.00
Total Deductions
$9,469.51
Net Pay
$32,533.49
Average Tax Rate
15.46%
Comprehensive Deduction Rate
22.54%
Total Income
$42,003.00
Total Deductions
$9,567.95
Net Pay
$32,435.05
Average Tax Rate
15.15%
Comprehensive Deduction Rate
22.78%
Total Income
$42,003.00
Total Deductions
$9,695.10
Net Pay
$32,307.90
Average Tax Rate
16%
Comprehensive Deduction Rate
23.08%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $42,003.00 | $7,263.81 | $34,739.19 | 10.21% | 17.29% |
| Northwest Territories | $42,003.00 | $7,743.34 | $34,259.66 | 11.35% | 18.44% |
| British Columbia | $42,003.00 | $7,788.26 | $34,214.74 | 11.46% | 18.54% |
| Yukon | $42,003.00 | $7,869.91 | $34,133.09 | 11.65% | 18.74% |
| Alberta | $42,003.00 | $8,222.15 | $33,780.85 | 12.49% | 19.58% |
| Ontario | $42,003.00 | $8,241.41 | $33,761.59 | 12.54% | 19.62% |
| Saskatchewan | $42,003.00 | $8,663.18 | $33,339.82 | 13.54% | 20.63% |
| New Brunswick | $42,003.00 | $8,917.24 | $33,085.76 | 14.15% | 21.23% |
| Newfoundland and Labrador | $42,003.00 | $8,943.04 | $33,059.96 | 14.21% | 21.29% |
| Manitoba | $42,003.00 | $9,115.73 | $32,887.27 | 14.62% | 21.7% |
| Prince Edward Island | $42,003.00 | $9,469.51 | $32,533.49 | 15.46% | 22.54% |
| Quebec | $42,003.00 | $9,567.95 | $32,435.05 | 15.15% | 22.78% |
| Nova Scotia | $42,003.00 | $9,695.10 | $32,307.90 | 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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