2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$73,008.00
Salary
$73,008.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$18,322.73
Federal Tax
$8,977.63
Provincial Tax
$4,588.20
CPP Contributions
$3,754.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,002.45
Net Pay
$54,685.27
Marginal Tax Rate
29.65%
Average Tax Rate
18.58%
Comprehensive Deduction Rate
25.1%
Monthly Salary
Total Income
$6,084.00
Salary
$6,084.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,526.89
Federal Tax
$748.14
Provincial Tax
$382.35
CPP Contributions
$312.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$83.54
Net Pay
$4,557.11
Marginal Tax Rate
29.65%
Average Tax Rate
18.58%
Comprehensive Deduction Rate
25.1%
Biweekly Salary
Total Income
$2,808.00
Salary
$2,808.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$704.72
Federal Tax
$345.29
Provincial Tax
$176.47
CPP Contributions
$144.40
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$38.56
Net Pay
$2,103.28
Marginal Tax Rate
29.65%
Average Tax Rate
18.58%
Comprehensive Deduction Rate
25.1%
Weekly Salary
Total Income
$1,404.00
Salary
$1,404.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$352.36
Federal Tax
$172.65
Provincial Tax
$88.23
CPP Contributions
$72.20
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.28
Net Pay
$1,051.64
Marginal Tax Rate
29.65%
Average Tax Rate
18.58%
Comprehensive Deduction Rate
25.1%
Daily Salary
Total Income
$280.80
Salary
$280.80
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$70.47
Federal Tax
$34.53
Provincial Tax
$17.65
CPP Contributions
$14.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.86
Net Pay
$210.33
Marginal Tax Rate
29.65%
Average Tax Rate
18.58%
Comprehensive Deduction Rate
25.1%
Hourly Salary
Total Income
$37.44
Salary
$37.44
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$9.40
Federal Tax
$4.60
Provincial Tax
$2.35
CPP Contributions
$1.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.51
Net Pay
$28.04
Marginal Tax Rate
29.65%
Average Tax Rate
18.58%
Comprehensive Deduction Rate
25.1%
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
$73,008.00
Total Deductions
$16,423.99
Net Pay
$56,584.01
Average Tax Rate
15.98%
Comprehensive Deduction Rate
22.5%
Total Income
$73,008.00
Total Deductions
$17,319.61
Net Pay
$55,688.39
Average Tax Rate
17.21%
Comprehensive Deduction Rate
23.72%
Total Income
$73,008.00
Total Deductions
$17,466.53
Net Pay
$55,541.47
Average Tax Rate
17.41%
Comprehensive Deduction Rate
23.92%
Total Income
$73,008.00
Total Deductions
$17,585.74
Net Pay
$55,422.26
Average Tax Rate
17.57%
Comprehensive Deduction Rate
24.09%
Total Income
$73,008.00
Total Deductions
$18,322.73
Net Pay
$54,685.27
Average Tax Rate
18.58%
Comprehensive Deduction Rate
25.1%
Total Income
$73,008.00
Total Deductions
$18,489.78
Net Pay
$54,518.22
Average Tax Rate
18.81%
Comprehensive Deduction Rate
25.33%
Total Income
$73,008.00
Total Deductions
$19,544.60
Net Pay
$53,463.40
Average Tax Rate
20.25%
Comprehensive Deduction Rate
26.77%
Total Income
$73,008.00
Total Deductions
$20,171.06
Net Pay
$52,836.94
Average Tax Rate
21.11%
Comprehensive Deduction Rate
27.63%
Total Income
$73,008.00
Total Deductions
$20,224.18
Net Pay
$52,783.82
Average Tax Rate
21.19%
Comprehensive Deduction Rate
27.7%
Total Income
$73,008.00
Total Deductions
$20,625.09
Net Pay
$52,382.91
Average Tax Rate
21.73%
Comprehensive Deduction Rate
28.25%
Total Income
$73,008.00
Total Deductions
$21,180.52
Net Pay
$51,827.48
Average Tax Rate
22.5%
Comprehensive Deduction Rate
29.01%
Total Income
$73,008.00
Total Deductions
$21,916.59
Net Pay
$51,091.41
Average Tax Rate
23.5%
Comprehensive Deduction Rate
30.02%
Total Income
$73,008.00
Total Deductions
$21,939.50
Net Pay
$51,068.50
Average Tax Rate
22.96%
Comprehensive Deduction Rate
30.05%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $73,008.00 | $16,423.99 | $56,584.01 | 15.98% | 22.5% |
| British Columbia | $73,008.00 | $17,319.61 | $55,688.39 | 17.21% | 23.72% |
| Northwest Territories | $73,008.00 | $17,466.53 | $55,541.47 | 17.41% | 23.92% |
| Yukon | $73,008.00 | $17,585.74 | $55,422.26 | 17.57% | 24.09% |
| Ontario | $73,008.00 | $18,322.73 | $54,685.27 | 18.58% | 25.1% |
| Alberta | $73,008.00 | $18,489.78 | $54,518.22 | 18.81% | 25.33% |
| Saskatchewan | $73,008.00 | $19,544.60 | $53,463.40 | 20.25% | 26.77% |
| New Brunswick | $73,008.00 | $20,171.06 | $52,836.94 | 21.11% | 27.63% |
| Manitoba | $73,008.00 | $20,224.18 | $52,783.82 | 21.19% | 27.7% |
| Newfoundland and Labrador | $73,008.00 | $20,625.09 | $52,382.91 | 21.73% | 28.25% |
| Prince Edward Island | $73,008.00 | $21,180.52 | $51,827.48 | 22.5% | 29.01% |
| Nova Scotia | $73,008.00 | $21,916.59 | $51,091.41 | 23.5% | 30.02% |
| Quebec | $73,008.00 | $21,939.50 | $51,068.50 | 22.96% | 30.05% |
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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