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2023 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Yearly Salary
Total Income $68,250.00
Salary $68,250.00
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $16,761.99
Federal Tax $8,002.24
Provincial Tax $4,002.85
CPP Contributions $3,754.45
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $1,002.45

Net Pay $51,488.01

Marginal Tax Rate 29.65%
Average Tax Rate 17.59%
Comprehensive Deduction Rate 24.56%
Monthly Salary
Total Income $5,687.50
Salary $5,687.50
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $1,396.83
Federal Tax $666.85
Provincial Tax $333.57
CPP Contributions $312.87
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $83.54

Net Pay $4,290.67

Marginal Tax Rate 29.65%
Average Tax Rate 17.59%
Comprehensive Deduction Rate 24.56%
Biweekly Salary
Total Income $2,625.00
Salary $2,625.00
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $644.69
Federal Tax $307.78
Provincial Tax $153.96
CPP Contributions $144.40
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $38.56

Net Pay $1,980.31

Marginal Tax Rate 29.65%
Average Tax Rate 17.59%
Comprehensive Deduction Rate 24.56%
Weekly Salary
Total Income $1,312.50
Salary $1,312.50
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $322.35
Federal Tax $153.89
Provincial Tax $76.98
CPP Contributions $72.20
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $19.28

Net Pay $990.15

Marginal Tax Rate 29.65%
Average Tax Rate 17.59%
Comprehensive Deduction Rate 24.56%
Daily Salary
Total Income $262.50
Salary $262.50
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $64.47
Federal Tax $30.78
Provincial Tax $15.40
CPP Contributions $14.44
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $3.86

Net Pay $198.03

Marginal Tax Rate 29.65%
Average Tax Rate 17.59%
Comprehensive Deduction Rate 24.56%
Hourly Salary
Total Income $35.00
Salary $35.00
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $8.60
Federal Tax $4.10
Provincial Tax $2.05
CPP Contributions $1.93
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $0.51

Net Pay $26.40

Marginal Tax Rate 29.65%
Average Tax Rate 17.59%
Comprehensive Deduction Rate 24.56%

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 $68,250.00
Total Deductions $15,115.54
Net Pay $53,134.46
Average Tax Rate 15.18%
Comprehensive Deduction Rate 22.15%
Total Income $68,250.00
Total Deductions $15,977.85
Net Pay $52,272.15
Average Tax Rate 16.44%
Comprehensive Deduction Rate 23.41%
Total Income $68,250.00
Total Deductions $16,081.95
Net Pay $52,168.05
Average Tax Rate 16.59%
Comprehensive Deduction Rate 23.56%
Total Income $68,250.00
Total Deductions $16,182.13
Net Pay $52,067.87
Average Tax Rate 16.74%
Comprehensive Deduction Rate 23.71%
Total Income $68,250.00
Total Deductions $16,761.99
Net Pay $51,488.01
Average Tax Rate 17.59%
Comprehensive Deduction Rate 24.56%
Total Income $68,250.00
Total Deductions $17,038.59
Net Pay $51,211.41
Average Tax Rate 18%
Comprehensive Deduction Rate 24.96%
Total Income $68,250.00
Total Deductions $17,974.46
Net Pay $50,275.54
Average Tax Rate 19.37%
Comprehensive Deduction Rate 26.34%
Total Income $68,250.00
Total Deductions $18,529.55
Net Pay $49,720.45
Average Tax Rate 20.18%
Comprehensive Deduction Rate 27.15%
Total Income $68,250.00
Total Deductions $18,642.15
Net Pay $49,607.85
Average Tax Rate 20.34%
Comprehensive Deduction Rate 27.31%
Total Income $68,250.00
Total Deductions $18,959.79
Net Pay $49,290.21
Average Tax Rate 20.81%
Comprehensive Deduction Rate 27.78%
Total Income $68,250.00
Total Deductions $19,410.54
Net Pay $48,839.46
Average Tax Rate 21.47%
Comprehensive Deduction Rate 28.44%
Total Income $68,250.00
Total Deductions $20,122.96
Net Pay $48,127.04
Average Tax Rate 22.51%
Comprehensive Deduction Rate 29.48%
Total Income $68,250.00
Total Deductions $20,152.90
Net Pay $48,097.10
Average Tax Rate 21.97%
Comprehensive Deduction Rate 29.53%
Region Total Income Total Deductions Net Pay Average Tax Rate Comprehensive Deduction Rate
Nunavut $68,250.00 $15,115.54 $53,134.46 15.18% 22.15%
British Columbia $68,250.00 $15,977.85 $52,272.15 16.44% 23.41%
Northwest Territories $68,250.00 $16,081.95 $52,168.05 16.59% 23.56%
Yukon $68,250.00 $16,182.13 $52,067.87 16.74% 23.71%
Ontario $68,250.00 $16,761.99 $51,488.01 17.59% 24.56%
Alberta $68,250.00 $17,038.59 $51,211.41 18% 24.96%
Saskatchewan $68,250.00 $17,974.46 $50,275.54 19.37% 26.34%
New Brunswick $68,250.00 $18,529.55 $49,720.45 20.18% 27.15%
Manitoba $68,250.00 $18,642.15 $49,607.85 20.34% 27.31%
Newfoundland and Labrador $68,250.00 $18,959.79 $49,290.21 20.81% 27.78%
Prince Edward Island $68,250.00 $19,410.54 $48,839.46 21.47% 28.44%
Nova Scotia $68,250.00 $20,122.96 $48,127.04 22.51% 29.48%
Quebec $68,250.00 $20,152.90 $48,097.10 21.97% 29.53%
This tool was designed to for approximation purposes only and should not be used to replace legal or accounting authority. For the purpose 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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