2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$70,005.00
Salary
$70,005.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$17,282.35
Federal Tax
$8,362.02
Provincial Tax
$4,163.43
CPP Contributions
$3,754.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,002.45
Net Pay
$52,722.65
Marginal Tax Rate
29.65%
Average Tax Rate
17.89%
Comprehensive Deduction Rate
24.69%
Monthly Salary
Total Income
$5,833.75
Salary
$5,833.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,440.20
Federal Tax
$696.84
Provincial Tax
$346.95
CPP Contributions
$312.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$83.54
Net Pay
$4,393.55
Marginal Tax Rate
29.65%
Average Tax Rate
17.89%
Comprehensive Deduction Rate
24.69%
Biweekly Salary
Total Income
$2,692.50
Salary
$2,692.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$664.71
Federal Tax
$321.62
Provincial Tax
$160.13
CPP Contributions
$144.40
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$38.56
Net Pay
$2,027.79
Marginal Tax Rate
29.65%
Average Tax Rate
17.89%
Comprehensive Deduction Rate
24.69%
Weekly Salary
Total Income
$1,346.25
Salary
$1,346.25
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$332.35
Federal Tax
$160.81
Provincial Tax
$80.07
CPP Contributions
$72.20
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.28
Net Pay
$1,013.90
Marginal Tax Rate
29.65%
Average Tax Rate
17.89%
Comprehensive Deduction Rate
24.69%
Daily Salary
Total Income
$269.25
Salary
$269.25
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$66.47
Federal Tax
$32.16
Provincial Tax
$16.01
CPP Contributions
$14.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.86
Net Pay
$202.78
Marginal Tax Rate
29.65%
Average Tax Rate
17.89%
Comprehensive Deduction Rate
24.69%
Hourly Salary
Total Income
$35.90
Salary
$35.90
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$8.86
Federal Tax
$4.29
Provincial Tax
$2.14
CPP Contributions
$1.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.51
Net Pay
$27.04
Marginal Tax Rate
29.65%
Average Tax Rate
17.89%
Comprehensive Deduction Rate
24.69%
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
$70,005.00
Total Deductions
$15,598.17
Net Pay
$54,406.83
Average Tax Rate
15.49%
Comprehensive Deduction Rate
22.28%
Total Income
$70,005.00
Total Deductions
$16,472.77
Net Pay
$53,532.23
Average Tax Rate
16.74%
Comprehensive Deduction Rate
23.53%
Total Income
$70,005.00
Total Deductions
$16,592.66
Net Pay
$53,412.34
Average Tax Rate
16.91%
Comprehensive Deduction Rate
23.7%
Total Income
$70,005.00
Total Deductions
$16,699.86
Net Pay
$53,305.14
Average Tax Rate
17.06%
Comprehensive Deduction Rate
23.86%
Total Income
$70,005.00
Total Deductions
$17,282.35
Net Pay
$52,722.65
Average Tax Rate
17.89%
Comprehensive Deduction Rate
24.69%
Total Income
$70,005.00
Total Deductions
$17,573.87
Net Pay
$52,431.13
Average Tax Rate
18.31%
Comprehensive Deduction Rate
25.1%
Total Income
$70,005.00
Total Deductions
$18,553.62
Net Pay
$51,451.38
Average Tax Rate
19.71%
Comprehensive Deduction Rate
26.5%
Total Income
$70,005.00
Total Deductions
$19,135.03
Net Pay
$50,869.97
Average Tax Rate
20.54%
Comprehensive Deduction Rate
27.33%
Total Income
$70,005.00
Total Deductions
$19,225.69
Net Pay
$50,779.31
Average Tax Rate
20.67%
Comprehensive Deduction Rate
27.46%
Total Income
$70,005.00
Total Deductions
$19,574.05
Net Pay
$50,430.95
Average Tax Rate
21.17%
Comprehensive Deduction Rate
27.96%
Total Income
$70,005.00
Total Deductions
$20,063.41
Net Pay
$49,941.59
Average Tax Rate
21.86%
Comprehensive Deduction Rate
28.66%
Total Income
$70,005.00
Total Deductions
$20,784.55
Net Pay
$49,220.45
Average Tax Rate
22.9%
Comprehensive Deduction Rate
29.69%
Total Income
$70,005.00
Total Deductions
$20,811.88
Net Pay
$49,193.12
Average Tax Rate
22.35%
Comprehensive Deduction Rate
29.73%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $70,005.00 | $15,598.17 | $54,406.83 | 15.49% | 22.28% |
| British Columbia | $70,005.00 | $16,472.77 | $53,532.23 | 16.74% | 23.53% |
| Northwest Territories | $70,005.00 | $16,592.66 | $53,412.34 | 16.91% | 23.7% |
| Yukon | $70,005.00 | $16,699.86 | $53,305.14 | 17.06% | 23.86% |
| Ontario | $70,005.00 | $17,282.35 | $52,722.65 | 17.89% | 24.69% |
| Alberta | $70,005.00 | $17,573.87 | $52,431.13 | 18.31% | 25.1% |
| Saskatchewan | $70,005.00 | $18,553.62 | $51,451.38 | 19.71% | 26.5% |
| New Brunswick | $70,005.00 | $19,135.03 | $50,869.97 | 20.54% | 27.33% |
| Manitoba | $70,005.00 | $19,225.69 | $50,779.31 | 20.67% | 27.46% |
| Newfoundland and Labrador | $70,005.00 | $19,574.05 | $50,430.95 | 21.17% | 27.96% |
| Prince Edward Island | $70,005.00 | $20,063.41 | $49,941.59 | 21.86% | 28.66% |
| Nova Scotia | $70,005.00 | $20,784.55 | $49,220.45 | 22.9% | 29.69% |
| Quebec | $70,005.00 | $20,811.88 | $49,193.12 | 22.35% | 29.73% |
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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