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2023 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Your Results

Yearly Salary
Total Income $24,005.80
Salary $24,005.80
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $3,295.24
Federal Tax $928.04
Provincial Tax $755.81
CPP Contributions $1,220.10
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $391.29
Net Pay $20,710.56
Marginal Tax Rate 29.32%
Average Tax Rate 7.01%
Comprehensive Deduction Rate 13.73%
$24,005.80 a year is how much per hour?
What is the minimum wage in Ontario in 2025?
Monthly Salary
Total Income $2,000.48
Salary $2,000.48
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $274.60
Federal Tax $77.34
Provincial Tax $62.98
CPP Contributions $101.68
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $32.61
Net Pay $1,725.88
Marginal Tax Rate 29.32%
Average Tax Rate 7.01%
Comprehensive Deduction Rate 13.73%
$2,000.48 a month is how much per year?
What is the minimum wage in Ontario in 2025?
Biweekly Salary
Total Income $923.30
Salary $923.30
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $126.74
Federal Tax $35.69
Provincial Tax $29.07
CPP Contributions $46.93
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $15.05
Net Pay $796.56
Marginal Tax Rate 29.32%
Average Tax Rate 7.01%
Comprehensive Deduction Rate 13.73%
$923.30 per two weeks is how much per year?
What is the minimum wage in Ontario in 2025?
Weekly Salary
Total Income $461.65
Salary $461.65
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $63.37
Federal Tax $17.85
Provincial Tax $14.53
CPP Contributions $23.46
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $7.52
Net Pay $398.28
Marginal Tax Rate 29.32%
Average Tax Rate 7.01%
Comprehensive Deduction Rate 13.73%
$461.65 a week is how much per year?
What is the minimum wage in Ontario in 2025?
Daily Salary
Total Income $92.33
Salary $92.33
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $12.67
Federal Tax $3.57
Provincial Tax $2.91
CPP Contributions $4.69
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $1.50
Net Pay $79.66
Marginal Tax Rate 29.32%
Average Tax Rate 7.01%
Comprehensive Deduction Rate 13.73%
$92.33 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
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $1.69
Federal Tax $0.48
Provincial Tax $0.39
CPP Contributions $0.63
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $0.20
Net Pay $10.62
Marginal Tax Rate 29.32%
Average Tax Rate 7.01%
Comprehensive Deduction Rate 13.73%
$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

Total Income $24,005.80
Total Deductions $2,574.77
Net Pay $21,431.03
Average Tax Rate 4.01%
Comprehensive Deduction Rate 10.73%
Total Income $24,005.80
Total Deductions $2,678.57
Net Pay $21,327.23
Average Tax Rate 4.45%
Comprehensive Deduction Rate 11.16%
Total Income $24,005.80
Total Deductions $2,718.20
Net Pay $21,287.60
Average Tax Rate 4.61%
Comprehensive Deduction Rate 11.32%
Total Income $24,005.80
Total Deductions $2,881.71
Net Pay $21,124.09
Average Tax Rate 5.29%
Comprehensive Deduction Rate 12%
Total Income $24,005.80
Total Deductions $2,925.12
Net Pay $21,080.68
Average Tax Rate 5.47%
Comprehensive Deduction Rate 12.19%
Total Income $24,005.80
Total Deductions $3,036.43
Net Pay $20,969.37
Average Tax Rate 5.94%
Comprehensive Deduction Rate 12.65%
Total Income $24,005.80
Total Deductions $3,295.24
Net Pay $20,710.56
Average Tax Rate 7.01%
Comprehensive Deduction Rate 13.73%
Total Income $24,005.80
Total Deductions $3,321.75
Net Pay $20,684.05
Average Tax Rate 6.61%
Comprehensive Deduction Rate 13.84%
Total Income $24,005.80
Total Deductions $3,338.03
Net Pay $20,667.77
Average Tax Rate 7.19%
Comprehensive Deduction Rate 13.91%
Total Income $24,005.80
Total Deductions $3,473.46
Net Pay $20,532.34
Average Tax Rate 7.76%
Comprehensive Deduction Rate 14.47%
Total Income $24,005.80
Total Deductions $3,498.72
Net Pay $20,507.08
Average Tax Rate 7.86%
Comprehensive Deduction Rate 14.57%
Total Income $24,005.80
Total Deductions $3,558.08
Net Pay $20,447.72
Average Tax Rate 8.11%
Comprehensive Deduction Rate 14.82%
Total Income $24,005.80
Total Deductions $3,584.51
Net Pay $20,421.29
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 $24,005.80 $2,574.77 $21,431.03 4.01% 10.73%
Alberta $24,005.80 $2,678.57 $21,327.23 4.45% 11.16%
Nunavut $24,005.80 $2,718.20 $21,287.60 4.61% 11.32%
Northwest Territories $24,005.80 $2,881.71 $21,124.09 5.29% 12%
Yukon $24,005.80 $2,925.12 $21,080.68 5.47% 12.19%
Saskatchewan $24,005.80 $3,036.43 $20,969.37 5.94% 12.65%
Ontario $24,005.80 $3,295.24 $20,710.56 7.01% 13.73%
Quebec $24,005.80 $3,321.75 $20,684.05 6.61% 13.84%
Manitoba $24,005.80 $3,338.03 $20,667.77 7.19% 13.91%
New Brunswick $24,005.80 $3,473.46 $20,532.34 7.76% 14.47%
Nova Scotia $24,005.80 $3,498.72 $20,507.08 7.86% 14.57%
Prince Edward Island $24,005.80 $3,558.08 $20,447.72 8.11% 14.82%
Newfoundland and Labrador $24,005.80 $3,584.51 $20,421.29 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.