2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$27,050.00
Salary
$27,050.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$4,169.60
Federal Tax
$1,353.63
Provincial Tax
$973.82
CPP Contributions
$1,401.23
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$440.92
Net Pay
$22,880.40
Marginal Tax Rate
18.65%
Average Tax Rate
8.6%
Comprehensive Deduction Rate
15.41%
Monthly Salary
Total Income
$2,254.17
Salary
$2,254.17
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$347.47
Federal Tax
$112.80
Provincial Tax
$81.15
CPP Contributions
$116.77
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$36.74
Net Pay
$1,906.70
Marginal Tax Rate
18.65%
Average Tax Rate
8.6%
Comprehensive Deduction Rate
15.41%
Biweekly Salary
Total Income
$1,040.38
Salary
$1,040.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$160.37
Federal Tax
$52.06
Provincial Tax
$37.45
CPP Contributions
$53.89
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$16.96
Net Pay
$880.02
Marginal Tax Rate
18.65%
Average Tax Rate
8.6%
Comprehensive Deduction Rate
15.41%
Weekly Salary
Total Income
$520.19
Salary
$520.19
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$80.18
Federal Tax
$26.03
Provincial Tax
$18.73
CPP Contributions
$26.95
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$8.48
Net Pay
$440.01
Marginal Tax Rate
18.65%
Average Tax Rate
8.6%
Comprehensive Deduction Rate
15.41%
Daily Salary
Total Income
$104.04
Salary
$104.04
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$16.04
Federal Tax
$5.21
Provincial Tax
$3.75
CPP Contributions
$5.39
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.70
Net Pay
$88.00
Marginal Tax Rate
18.65%
Average Tax Rate
8.6%
Comprehensive Deduction Rate
15.41%
Hourly Salary
Total Income
$13.87
Salary
$13.87
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2.14
Federal Tax
$0.69
Provincial Tax
$0.50
CPP Contributions
$0.72
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.23
Net Pay
$11.73
Marginal Tax Rate
18.65%
Average Tax Rate
8.6%
Comprehensive Deduction Rate
15.41%
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
$27,050.00
Total Deductions
$3,481.87
Net Pay
$23,568.13
Average Tax Rate
6.06%
Comprehensive Deduction Rate
12.87%
Total Income
$27,050.00
Total Deductions
$3,487.09
Net Pay
$23,562.91
Average Tax Rate
6.08%
Comprehensive Deduction Rate
12.89%
Total Income
$27,050.00
Total Deductions
$3,616.26
Net Pay
$23,433.74
Average Tax Rate
6.56%
Comprehensive Deduction Rate
13.37%
Total Income
$27,050.00
Total Deductions
$3,704.05
Net Pay
$23,345.95
Average Tax Rate
6.88%
Comprehensive Deduction Rate
13.69%
Total Income
$27,050.00
Total Deductions
$3,761.53
Net Pay
$23,288.47
Average Tax Rate
7.1%
Comprehensive Deduction Rate
13.91%
Total Income
$27,050.00
Total Deductions
$3,988.19
Net Pay
$23,061.81
Average Tax Rate
7.93%
Comprehensive Deduction Rate
14.74%
Total Income
$27,050.00
Total Deductions
$4,169.60
Net Pay
$22,880.40
Average Tax Rate
8.6%
Comprehensive Deduction Rate
15.41%
Total Income
$27,050.00
Total Deductions
$4,298.23
Net Pay
$22,751.77
Average Tax Rate
9.08%
Comprehensive Deduction Rate
15.89%
Total Income
$27,050.00
Total Deductions
$4,378.30
Net Pay
$22,671.70
Average Tax Rate
8.85%
Comprehensive Deduction Rate
16.19%
Total Income
$27,050.00
Total Deductions
$4,394.27
Net Pay
$22,655.73
Average Tax Rate
9.43%
Comprehensive Deduction Rate
16.24%
Total Income
$27,050.00
Total Deductions
$4,413.19
Net Pay
$22,636.81
Average Tax Rate
9.5%
Comprehensive Deduction Rate
16.31%
Total Income
$27,050.00
Total Deductions
$4,485.63
Net Pay
$22,564.37
Average Tax Rate
9.77%
Comprehensive Deduction Rate
16.58%
Total Income
$27,050.00
Total Deductions
$4,490.15
Net Pay
$22,559.85
Average Tax Rate
9.79%
Comprehensive Deduction Rate
16.6%
Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
---|---|---|---|---|---|
British Columbia | $27,050.00 | $3,481.87 | $23,568.13 | 6.06% | 12.87% |
Nunavut | $27,050.00 | $3,487.09 | $23,562.91 | 6.08% | 12.89% |
Alberta | $27,050.00 | $3,616.26 | $23,433.74 | 6.56% | 13.37% |
Northwest Territories | $27,050.00 | $3,704.05 | $23,345.95 | 6.88% | 13.69% |
Yukon | $27,050.00 | $3,761.53 | $23,288.47 | 7.1% | 13.91% |
Saskatchewan | $27,050.00 | $3,988.19 | $23,061.81 | 7.93% | 14.74% |
Ontario | $27,050.00 | $4,169.60 | $22,880.40 | 8.6% | 15.41% |
Manitoba | $27,050.00 | $4,298.23 | $22,751.77 | 9.08% | 15.89% |
Quebec | $27,050.00 | $4,378.30 | $22,671.70 | 8.85% | 16.19% |
New Brunswick | $27,050.00 | $4,394.27 | $22,655.73 | 9.43% | 16.24% |
Nova Scotia | $27,050.00 | $4,413.19 | $22,636.81 | 9.5% | 16.31% |
Newfoundland and Labrador | $27,050.00 | $4,485.63 | $22,564.37 | 9.77% | 16.58% |
Prince Edward Island | $27,050.00 | $4,490.15 | $22,559.85 | 9.79% | 16.6% |
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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