2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$58,000.80
Salary
$58,000.80
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$13,202.34
Federal Tax
$5,935.74
Provincial Tax
$3,078.39
CPP Contributions
$3,242.80
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$945.41
Net Pay
$44,798.46
Marginal Tax Rate
28.24%
Average Tax Rate
15.54%
Comprehensive Deduction Rate
22.76%
Monthly Salary
Total Income
$4,833.40
Salary
$4,833.40
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,100.20
Federal Tax
$494.65
Provincial Tax
$256.53
CPP Contributions
$270.23
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$78.78
Net Pay
$3,733.21
Marginal Tax Rate
28.24%
Average Tax Rate
15.54%
Comprehensive Deduction Rate
22.76%
Biweekly Salary
Total Income
$2,230.80
Salary
$2,230.80
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$507.78
Federal Tax
$228.30
Provincial Tax
$118.40
CPP Contributions
$124.72
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$36.36
Net Pay
$1,723.02
Marginal Tax Rate
28.24%
Average Tax Rate
15.54%
Comprehensive Deduction Rate
22.76%
Weekly Salary
Total Income
$1,115.40
Salary
$1,115.40
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$253.89
Federal Tax
$114.15
Provincial Tax
$59.20
CPP Contributions
$62.36
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$18.18
Net Pay
$861.51
Marginal Tax Rate
28.24%
Average Tax Rate
15.54%
Comprehensive Deduction Rate
22.76%
Daily Salary
Total Income
$223.08
Salary
$223.08
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$50.78
Federal Tax
$22.83
Provincial Tax
$11.84
CPP Contributions
$12.47
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.64
Net Pay
$172.30
Marginal Tax Rate
28.24%
Average Tax Rate
15.54%
Comprehensive Deduction Rate
22.76%
Hourly Salary
Total Income
$29.74
Salary
$29.74
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$6.77
Federal Tax
$3.04
Provincial Tax
$1.58
CPP Contributions
$1.66
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.48
Net Pay
$22.97
Marginal Tax Rate
28.24%
Average Tax Rate
15.54%
Comprehensive Deduction Rate
22.76%
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
$58,000.80
Total Deductions
$11,773.48
Net Pay
$46,227.32
Average Tax Rate
13.08%
Comprehensive Deduction Rate
20.3%
Total Income
$58,000.80
Total Deductions
$12,566.85
Net Pay
$45,433.95
Average Tax Rate
14.45%
Comprehensive Deduction Rate
21.67%
Total Income
$58,000.80
Total Deductions
$12,580.93
Net Pay
$45,419.87
Average Tax Rate
14.47%
Comprehensive Deduction Rate
21.69%
Total Income
$58,000.80
Total Deductions
$12,641.42
Net Pay
$45,359.38
Average Tax Rate
14.57%
Comprehensive Deduction Rate
21.8%
Total Income
$58,000.80
Total Deductions
$13,202.34
Net Pay
$44,798.46
Average Tax Rate
15.54%
Comprehensive Deduction Rate
22.76%
Total Income
$58,000.80
Total Deductions
$13,404.91
Net Pay
$44,595.89
Average Tax Rate
15.89%
Comprehensive Deduction Rate
23.11%
Total Income
$58,000.80
Total Deductions
$14,085.88
Net Pay
$43,914.92
Average Tax Rate
17.06%
Comprehensive Deduction Rate
24.29%
Total Income
$58,000.80
Total Deductions
$14,484.32
Net Pay
$43,516.48
Average Tax Rate
17.75%
Comprehensive Deduction Rate
24.97%
Total Income
$58,000.80
Total Deductions
$14,728.72
Net Pay
$43,272.08
Average Tax Rate
18.17%
Comprehensive Deduction Rate
25.39%
Total Income
$58,000.80
Total Deductions
$14,861.47
Net Pay
$43,139.33
Average Tax Rate
18.4%
Comprehensive Deduction Rate
25.62%
Total Income
$58,000.80
Total Deductions
$15,262.62
Net Pay
$42,738.18
Average Tax Rate
19.09%
Comprehensive Deduction Rate
26.31%
Total Income
$58,000.80
Total Deductions
$15,713.02
Net Pay
$42,287.78
Average Tax Rate
19.31%
Comprehensive Deduction Rate
27.09%
Total Income
$58,000.80
Total Deductions
$15,768.80
Net Pay
$42,232.00
Average Tax Rate
19.97%
Comprehensive Deduction Rate
27.19%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $58,000.80 | $11,773.48 | $46,227.32 | 13.08% | 20.3% |
| British Columbia | $58,000.80 | $12,566.85 | $45,433.95 | 14.45% | 21.67% |
| Northwest Territories | $58,000.80 | $12,580.93 | $45,419.87 | 14.47% | 21.69% |
| Yukon | $58,000.80 | $12,641.42 | $45,359.38 | 14.57% | 21.8% |
| Ontario | $58,000.80 | $13,202.34 | $44,798.46 | 15.54% | 22.76% |
| Alberta | $58,000.80 | $13,404.91 | $44,595.89 | 15.89% | 23.11% |
| Saskatchewan | $58,000.80 | $14,085.88 | $43,914.92 | 17.06% | 24.29% |
| New Brunswick | $58,000.80 | $14,484.32 | $43,516.48 | 17.75% | 24.97% |
| Manitoba | $58,000.80 | $14,728.72 | $43,272.08 | 18.17% | 25.39% |
| Newfoundland and Labrador | $58,000.80 | $14,861.47 | $43,139.33 | 18.4% | 25.62% |
| Prince Edward Island | $58,000.80 | $15,262.62 | $42,738.18 | 19.09% | 26.31% |
| Quebec | $58,000.80 | $15,713.02 | $42,287.78 | 19.31% | 27.09% |
| Nova Scotia | $58,000.80 | $15,768.80 | $42,232.00 | 19.97% | 27.19% |
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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