2023 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Province/Territory

Tax Year

Salary

Rate

Work Hours per Day

Bonus

Commission

Pension Income

Taxable Benefit

RRSP

Your Results

Yearly Salary

Total Income $87,999.60

Salary $87,999.60

Total Deductions $22,767.74

Federal Tax $12,050.91

Provincial Tax $5,959.93

CPP Contributions $3,754.45

EI Premiums $1,002.45

Net Pay $65,231.86

Marginal Tax Rate 29.65%

Average Tax Rate 20.47%

Comprehensive Deduction Rate 25.87%

$87,999.60 a year is how much per hour?
What is the minimum wage in Ontario in 2025?

Monthly Salary

Total Income $7,333.30

Salary $7,333.30

Total Deductions $1,897.31

Federal Tax $1,004.24

Provincial Tax $496.66

CPP Contributions $312.87

EI Premiums $83.54

Net Pay $5,435.99

Marginal Tax Rate 29.65%

Average Tax Rate 20.47%

Comprehensive Deduction Rate 25.87%

$7,333.30 a month is how much per year?
What is the minimum wage in Ontario in 2025?

Biweekly Salary

Total Income $3,384.60

Salary $3,384.60

Total Deductions $875.68

Federal Tax $463.50

Provincial Tax $229.23

CPP Contributions $144.40

EI Premiums $38.56

Net Pay $2,508.92

Marginal Tax Rate 29.65%

Average Tax Rate 20.47%

Comprehensive Deduction Rate 25.87%

$3,384.60 per two weeks is how much per year?
What is the minimum wage in Ontario in 2025?

Weekly Salary

Total Income $1,692.30

Salary $1,692.30

Total Deductions $437.84

Federal Tax $231.75

Provincial Tax $114.61

CPP Contributions $72.20

EI Premiums $19.28

Net Pay $1,254.46

Marginal Tax Rate 29.65%

Average Tax Rate 20.47%

Comprehensive Deduction Rate 25.87%

$1,692.30 a week is how much per year?
What is the minimum wage in Ontario in 2025?

Daily Salary

Total Income $338.46

Salary $338.46

Total Deductions $87.57

Federal Tax $46.35

Provincial Tax $22.92

CPP Contributions $14.44

EI Premiums $3.86

Net Pay $250.89

Marginal Tax Rate 29.65%

Average Tax Rate 20.47%

Comprehensive Deduction Rate 25.87%

$338.46 a day is how much per year?
What is the minimum wage in Ontario in 2025?

Hourly Salary

Total Income $45.13

Salary $45.13

Total Deductions $11.68

Federal Tax $6.18

Provincial Tax $3.06

CPP Contributions $1.93

EI Premiums $0.51

Net Pay $33.45

Marginal Tax Rate 29.65%

Average Tax Rate 20.47%

Comprehensive Deduction Rate 25.87%

$45.13 an hour is how much per year?
What is the minimum wage in Ontario in 2025?

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

Nunavut

Total Income $87,999.60

Total Deductions $20,546.68

Net Pay $67,452.92

Average Tax Rate 17.94%

Comprehensive Deduction Rate 23.35%

British Columbia

Total Income $87,999.60

Total Deductions $21,547.24

Net Pay $66,452.36

Average Tax Rate 19.08%

Comprehensive Deduction Rate 24.49%

Northwest Territories

Total Income $87,999.60

Total Deductions $21,829.09

Net Pay $66,170.51

Average Tax Rate 19.4%

Comprehensive Deduction Rate 24.81%

Yukon

Total Income $87,999.60

Total Deductions $22,008.26

Net Pay $65,991.34

Average Tax Rate 19.6%

Comprehensive Deduction Rate 25.01%

Ontario

Total Income $87,999.60

Total Deductions $22,767.74

Net Pay $65,231.86

Average Tax Rate 20.47%

Comprehensive Deduction Rate 25.87%

Alberta

Total Income $87,999.60

Total Deductions $23,062.22

Net Pay $64,937.38

Average Tax Rate 20.8%

Comprehensive Deduction Rate 26.21%

Saskatchewan

Total Income $87,999.60

Total Deductions $24,491.83

Net Pay $63,507.77

Average Tax Rate 22.43%

Comprehensive Deduction Rate 27.83%

New Brunswick

Total Income $87,999.60

Total Deductions $25,343.16

Net Pay $62,656.44

Average Tax Rate 23.39%

Comprehensive Deduction Rate 28.8%

Manitoba

Total Income $87,999.60

Total Deductions $25,597.87

Net Pay $62,401.73

Average Tax Rate 23.68%

Comprehensive Deduction Rate 29.09%

Newfoundland and Labrador

Total Income $87,999.60

Total Deductions $25,939.15

Net Pay $62,060.45

Average Tax Rate 24.07%

Comprehensive Deduction Rate 29.48%

Prince Edward Island

Total Income $87,999.60

Total Deductions $26,757.39

Net Pay $61,242.21

Average Tax Rate 25%

Comprehensive Deduction Rate 30.41%

Nova Scotia

Total Income $87,999.60

Total Deductions $27,499.48

Net Pay $60,500.12

Average Tax Rate 25.84%

Comprehensive Deduction Rate 31.25%

Quebec

Total Income $87,999.60

Total Deductions $27,568.80

Net Pay $60,430.80

Average Tax Rate 25.36%

Comprehensive Deduction Rate 31.33%

Region	Total Income	Total Deductions	Net Pay	Avg. Tax Rate	Comp. Deduction Rate
Nunavut	$87,999.60	$20,546.68	$67,452.92	17.94%	23.35%
British Columbia	$87,999.60	$21,547.24	$66,452.36	19.08%	24.49%
Northwest Territories	$87,999.60	$21,829.09	$66,170.51	19.4%	24.81%
Yukon	$87,999.60	$22,008.26	$65,991.34	19.6%	25.01%
Ontario	$87,999.60	$22,767.74	$65,231.86	20.47%	25.87%
Alberta	$87,999.60	$23,062.22	$64,937.38	20.8%	26.21%
Saskatchewan	$87,999.60	$24,491.83	$63,507.77	22.43%	27.83%
New Brunswick	$87,999.60	$25,343.16	$62,656.44	23.39%	28.8%
Manitoba	$87,999.60	$25,597.87	$62,401.73	23.68%	29.09%
Newfoundland and Labrador	$87,999.60	$25,939.15	$62,060.45	24.07%	29.48%
Prince Edward Island	$87,999.60	$26,757.39	$61,242.21	25%	30.41%
Nova Scotia	$87,999.60	$27,499.48	$60,500.12	25.84%	31.25%
Quebec	$87,999.60	$27,568.80	$60,430.80	25.36%	31.33%

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.