2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$49,003.50
Salary
$49,003.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$10,227.49
Federal Tax
$4,422.83
Provincial Tax
$2,298.44
CPP Contributions
$2,707.46
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$798.76
Net Pay
$38,776.01
Marginal Tax Rate
18.64%
Average Tax Rate
13.72%
Comprehensive Deduction Rate
20.87%
Monthly Salary
Total Income
$4,083.63
Salary
$4,083.63
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$852.29
Federal Tax
$368.57
Provincial Tax
$191.54
CPP Contributions
$225.62
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$66.56
Net Pay
$3,231.33
Marginal Tax Rate
18.64%
Average Tax Rate
13.72%
Comprehensive Deduction Rate
20.87%
Biweekly Salary
Total Income
$1,884.75
Salary
$1,884.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$393.37
Federal Tax
$170.11
Provincial Tax
$88.40
CPP Contributions
$104.13
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$30.72
Net Pay
$1,491.39
Marginal Tax Rate
18.64%
Average Tax Rate
13.72%
Comprehensive Deduction Rate
20.87%
Weekly Salary
Total Income
$942.38
Salary
$942.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$196.68
Federal Tax
$85.05
Provincial Tax
$44.20
CPP Contributions
$52.07
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$15.36
Net Pay
$745.69
Marginal Tax Rate
18.64%
Average Tax Rate
13.72%
Comprehensive Deduction Rate
20.87%
Daily Salary
Total Income
$188.48
Salary
$188.48
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$39.34
Federal Tax
$17.01
Provincial Tax
$8.84
CPP Contributions
$10.41
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.07
Net Pay
$149.14
Marginal Tax Rate
18.64%
Average Tax Rate
13.72%
Comprehensive Deduction Rate
20.87%
Hourly Salary
Total Income
$25.13
Salary
$25.13
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$5.24
Federal Tax
$2.27
Provincial Tax
$1.18
CPP Contributions
$1.39
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.41
Net Pay
$19.89
Marginal Tax Rate
18.64%
Average Tax Rate
13.72%
Comprehensive Deduction Rate
20.87%
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
$49,003.50
Total Deductions
$9,031.94
Net Pay
$39,971.56
Average Tax Rate
11.28%
Comprehensive Deduction Rate
18.43%
Total Income
$49,003.50
Total Deductions
$9,652.49
Net Pay
$39,351.01
Average Tax Rate
12.54%
Comprehensive Deduction Rate
19.7%
Total Income
$49,003.50
Total Deductions
$9,713.67
Net Pay
$39,289.83
Average Tax Rate
12.67%
Comprehensive Deduction Rate
19.82%
Total Income
$49,003.50
Total Deductions
$9,793.32
Net Pay
$39,210.18
Average Tax Rate
12.83%
Comprehensive Deduction Rate
19.98%
Total Income
$49,003.50
Total Deductions
$10,227.49
Net Pay
$38,776.01
Average Tax Rate
13.72%
Comprehensive Deduction Rate
20.87%
Total Income
$49,003.50
Total Deductions
$10,378.48
Net Pay
$38,625.02
Average Tax Rate
14.02%
Comprehensive Deduction Rate
21.18%
Total Income
$49,003.50
Total Deductions
$10,851.86
Net Pay
$38,151.64
Average Tax Rate
14.99%
Comprehensive Deduction Rate
22.15%
Total Income
$49,003.50
Total Deductions
$11,093.91
Net Pay
$37,909.59
Average Tax Rate
15.48%
Comprehensive Deduction Rate
22.64%
Total Income
$49,003.50
Total Deductions
$11,421.29
Net Pay
$37,582.21
Average Tax Rate
16.15%
Comprehensive Deduction Rate
23.31%
Total Income
$49,003.50
Total Deductions
$11,460.33
Net Pay
$37,543.17
Average Tax Rate
16.23%
Comprehensive Deduction Rate
23.39%
Total Income
$49,003.50
Total Deductions
$11,892.92
Net Pay
$37,110.58
Average Tax Rate
17.11%
Comprehensive Deduction Rate
24.27%
Total Income
$49,003.50
Total Deductions
$11,997.59
Net Pay
$37,005.92
Average Tax Rate
16.78%
Comprehensive Deduction Rate
24.48%
Total Income
$49,003.50
Total Deductions
$12,241.28
Net Pay
$36,762.22
Average Tax Rate
17.83%
Comprehensive Deduction Rate
24.98%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $49,003.50 | $9,031.94 | $39,971.56 | 11.28% | 18.43% |
| Northwest Territories | $49,003.50 | $9,652.49 | $39,351.01 | 12.54% | 19.7% |
| British Columbia | $49,003.50 | $9,713.67 | $39,289.83 | 12.67% | 19.82% |
| Yukon | $49,003.50 | $9,793.32 | $39,210.18 | 12.83% | 19.98% |
| Ontario | $49,003.50 | $10,227.49 | $38,776.01 | 13.72% | 20.87% |
| Alberta | $49,003.50 | $10,378.48 | $38,625.02 | 14.02% | 21.18% |
| Saskatchewan | $49,003.50 | $10,851.86 | $38,151.64 | 14.99% | 22.15% |
| New Brunswick | $49,003.50 | $11,093.91 | $37,909.59 | 15.48% | 22.64% |
| Newfoundland and Labrador | $49,003.50 | $11,421.29 | $37,582.21 | 16.15% | 23.31% |
| Manitoba | $49,003.50 | $11,460.33 | $37,543.17 | 16.23% | 23.39% |
| Prince Edward Island | $49,003.50 | $11,892.92 | $37,110.58 | 17.11% | 24.27% |
| Quebec | $49,003.50 | $11,997.59 | $37,005.92 | 16.78% | 24.48% |
| Nova Scotia | $49,003.50 | $12,241.28 | $36,762.22 | 17.83% | 24.98% |
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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