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 $24,000.08

Salary $24,000.08

Total Deductions $3,293.13

Federal Tax $927.24

Provincial Tax $754.94

CPP Contributions $1,219.75

EI Premiums $391.20

Net Pay $20,706.95

Marginal Tax Rate 29.3%

Average Tax Rate 7.01%

Comprehensive Deduction Rate 13.72%

$24,000.08 a year is how much per hour?
What is the minimum wage in Ontario in 2025?

Monthly Salary

Total Income $2,000.01

Salary $2,000.01

Total Deductions $274.43

Federal Tax $77.27

Provincial Tax $62.91

CPP Contributions $101.65

EI Premiums $32.60

Net Pay $1,725.58

Marginal Tax Rate 29.3%

Average Tax Rate 7.01%

Comprehensive Deduction Rate 13.72%

$2,000.01 a month is how much per year?
What is the minimum wage in Ontario in 2025?

Biweekly Salary

Total Income $923.08

Salary $923.08

Total Deductions $126.66

Federal Tax $35.66

Provincial Tax $29.04

CPP Contributions $46.91

EI Premiums $15.05

Net Pay $796.42

Marginal Tax Rate 29.3%

Average Tax Rate 7.01%

Comprehensive Deduction Rate 13.72%

$923.08 per two weeks is how much per year?
What is the minimum wage in Ontario in 2025?

Weekly Salary

Total Income $461.54

Salary $461.54

Total Deductions $63.33

Federal Tax $17.83

Provincial Tax $14.52

CPP Contributions $23.46

EI Premiums $7.52

Net Pay $398.21

Marginal Tax Rate 29.3%

Average Tax Rate 7.01%

Comprehensive Deduction Rate 13.72%

$461.54 a week is how much per year?
What is the minimum wage in Ontario in 2025?

Daily Salary

Total Income $92.31

Salary $92.31

Total Deductions $12.67

Federal Tax $3.57

Provincial Tax $2.90

CPP Contributions $4.69

EI Premiums $1.50

Net Pay $79.64

Marginal Tax Rate 29.3%

Average Tax Rate 7.01%

Comprehensive Deduction Rate 13.72%

$92.31 a day is how much per year?
What is the minimum wage in Ontario in 2025?

Hourly Salary

Total Income $12.31

Salary $12.31

Total Deductions $1.69

Federal Tax $0.48

Provincial Tax $0.39

CPP Contributions $0.63

EI Premiums $0.20

Net Pay $10.62

Marginal Tax Rate 29.3%

Average Tax Rate 7.01%

Comprehensive Deduction Rate 13.72%

$12.31 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

British Columbia

Total Income $24,000.08

Total Deductions $2,573.07

Net Pay $21,427.01

Average Tax Rate 4.01%

Comprehensive Deduction Rate 10.72%

Alberta

Total Income $24,000.08

Total Deductions $2,676.80

Net Pay $21,323.28

Average Tax Rate 4.44%

Comprehensive Deduction Rate 11.15%

Nunavut

Total Income $24,000.08

Total Deductions $2,716.75

Net Pay $21,283.33

Average Tax Rate 4.61%

Comprehensive Deduction Rate 11.32%

Northwest Territories

Total Income $24,000.08

Total Deductions $2,880.15

Net Pay $21,119.93

Average Tax Rate 5.29%

Comprehensive Deduction Rate 12%

Yukon

Total Income $24,000.08

Total Deductions $2,923.55

Net Pay $21,076.53

Average Tax Rate 5.47%

Comprehensive Deduction Rate 12.18%

Saskatchewan

Total Income $24,000.08

Total Deductions $3,034.64

Net Pay $20,965.44

Average Tax Rate 5.93%

Comprehensive Deduction Rate 12.64%

Ontario

Total Income $24,000.08

Total Deductions $3,293.13

Net Pay $20,706.95

Average Tax Rate 7.01%

Comprehensive Deduction Rate 13.72%

Quebec

Total Income $24,000.08

Total Deductions $3,319.76

Net Pay $20,680.32

Average Tax Rate 6.6%

Comprehensive Deduction Rate 13.83%

Manitoba

Total Income $24,000.08

Total Deductions $3,336.22

Net Pay $20,663.86

Average Tax Rate 7.19%

Comprehensive Deduction Rate 13.9%

New Brunswick

Total Income $24,000.08

Total Deductions $3,471.72

Net Pay $20,528.36

Average Tax Rate 7.75%

Comprehensive Deduction Rate 14.47%

Nova Scotia

Total Income $24,000.08

Total Deductions $3,497.02

Net Pay $20,503.06

Average Tax Rate 7.86%

Comprehensive Deduction Rate 14.57%

Prince Edward Island

Total Income $24,000.08

Total Deductions $3,556.33

Net Pay $20,443.75

Average Tax Rate 8.11%

Comprehensive Deduction Rate 14.82%

Newfoundland and Labrador

Total Income $24,000.08

Total Deductions $3,582.82

Net Pay $20,417.26

Average Tax Rate 8.22%

Comprehensive Deduction Rate 14.93%

Region	Total Income	Total Deductions	Net Pay	Avg. Tax Rate	Comp. Deduction Rate
British Columbia	$24,000.08	$2,573.07	$21,427.01	4.01%	10.72%
Alberta	$24,000.08	$2,676.80	$21,323.28	4.44%	11.15%
Nunavut	$24,000.08	$2,716.75	$21,283.33	4.61%	11.32%
Northwest Territories	$24,000.08	$2,880.15	$21,119.93	5.29%	12%
Yukon	$24,000.08	$2,923.55	$21,076.53	5.47%	12.18%
Saskatchewan	$24,000.08	$3,034.64	$20,965.44	5.93%	12.64%
Ontario	$24,000.08	$3,293.13	$20,706.95	7.01%	13.72%
Quebec	$24,000.08	$3,319.76	$20,680.32	6.6%	13.83%
Manitoba	$24,000.08	$3,336.22	$20,663.86	7.19%	13.9%
New Brunswick	$24,000.08	$3,471.72	$20,528.36	7.75%	14.47%
Nova Scotia	$24,000.08	$3,497.02	$20,503.06	7.86%	14.57%
Prince Edward Island	$24,000.08	$3,556.33	$20,443.75	8.11%	14.82%
Newfoundland and Labrador	$24,000.08	$3,582.82	$20,417.26	8.22%	14.93%

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.