2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$58,000.02
Salary
$58,000.02
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$13,202.05
Federal Tax
$5,935.58
Provincial Tax
$3,078.32
CPP Contributions
$3,242.75
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$945.40
Net Pay
$44,797.97
Marginal Tax Rate
28.25%
Average Tax Rate
15.54%
Comprehensive Deduction Rate
22.76%
Monthly Salary
Total Income
$4,833.34
Salary
$4,833.34
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,100.17
Federal Tax
$494.63
Provincial Tax
$256.53
CPP Contributions
$270.23
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$78.78
Net Pay
$3,733.16
Marginal Tax Rate
28.25%
Average Tax Rate
15.54%
Comprehensive Deduction Rate
22.76%
Biweekly Salary
Total Income
$2,230.77
Salary
$2,230.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$507.77
Federal Tax
$228.29
Provincial Tax
$118.40
CPP Contributions
$124.72
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$36.36
Net Pay
$1,723.00
Marginal Tax Rate
28.25%
Average Tax Rate
15.54%
Comprehensive Deduction Rate
22.76%
Weekly Salary
Total Income
$1,115.39
Salary
$1,115.39
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
$861.50
Marginal Tax Rate
28.25%
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
28.25%
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
28.25%
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
$58,000.02
Total Deductions
$11,773.20
Net Pay
$46,226.82
Average Tax Rate
13.08%
Comprehensive Deduction Rate
20.3%
Total Income
$58,000.02
Total Deductions
$12,566.57
Net Pay
$45,433.45
Average Tax Rate
14.45%
Comprehensive Deduction Rate
21.67%
Total Income
$58,000.02
Total Deductions
$12,580.64
Net Pay
$45,419.38
Average Tax Rate
14.47%
Comprehensive Deduction Rate
21.69%
Total Income
$58,000.02
Total Deductions
$12,641.14
Net Pay
$45,358.88
Average Tax Rate
14.57%
Comprehensive Deduction Rate
21.8%
Total Income
$58,000.02
Total Deductions
$13,202.05
Net Pay
$44,797.97
Average Tax Rate
15.54%
Comprehensive Deduction Rate
22.76%
Total Income
$58,000.02
Total Deductions
$13,404.61
Net Pay
$44,595.41
Average Tax Rate
15.89%
Comprehensive Deduction Rate
23.11%
Total Income
$58,000.02
Total Deductions
$14,085.56
Net Pay
$43,914.46
Average Tax Rate
17.06%
Comprehensive Deduction Rate
24.29%
Total Income
$58,000.02
Total Deductions
$14,483.99
Net Pay
$43,516.03
Average Tax Rate
17.75%
Comprehensive Deduction Rate
24.97%
Total Income
$58,000.02
Total Deductions
$14,728.41
Net Pay
$43,271.61
Average Tax Rate
18.17%
Comprehensive Deduction Rate
25.39%
Total Income
$58,000.02
Total Deductions
$14,861.13
Net Pay
$43,138.89
Average Tax Rate
18.4%
Comprehensive Deduction Rate
25.62%
Total Income
$58,000.02
Total Deductions
$15,262.29
Net Pay
$42,737.73
Average Tax Rate
19.09%
Comprehensive Deduction Rate
26.31%
Total Income
$58,000.02
Total Deductions
$15,712.67
Net Pay
$42,287.35
Average Tax Rate
19.31%
Comprehensive Deduction Rate
27.09%
Total Income
$58,000.02
Total Deductions
$15,768.45
Net Pay
$42,231.57
Average Tax Rate
19.97%
Comprehensive Deduction Rate
27.19%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $58,000.02 | $11,773.20 | $46,226.82 | 13.08% | 20.3% |
| British Columbia | $58,000.02 | $12,566.57 | $45,433.45 | 14.45% | 21.67% |
| Northwest Territories | $58,000.02 | $12,580.64 | $45,419.38 | 14.47% | 21.69% |
| Yukon | $58,000.02 | $12,641.14 | $45,358.88 | 14.57% | 21.8% |
| Ontario | $58,000.02 | $13,202.05 | $44,797.97 | 15.54% | 22.76% |
| Alberta | $58,000.02 | $13,404.61 | $44,595.41 | 15.89% | 23.11% |
| Saskatchewan | $58,000.02 | $14,085.56 | $43,914.46 | 17.06% | 24.29% |
| New Brunswick | $58,000.02 | $14,483.99 | $43,516.03 | 17.75% | 24.97% |
| Manitoba | $58,000.02 | $14,728.41 | $43,271.61 | 18.17% | 25.39% |
| Newfoundland and Labrador | $58,000.02 | $14,861.13 | $43,138.89 | 18.4% | 25.62% |
| Prince Edward Island | $58,000.02 | $15,262.29 | $42,737.73 | 19.09% | 26.31% |
| Quebec | $58,000.02 | $15,712.67 | $42,287.35 | 19.31% | 27.09% |
| Nova Scotia | $58,000.02 | $15,768.45 | $42,231.57 | 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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