2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$58,499.04
Salary
$58,499.04
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$13,380.99
Federal Tax
$6,032.91
Provincial Tax
$3,122.11
CPP Contributions
$3,272.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$953.53
Net Pay
$45,118.05
Marginal Tax Rate
28.58%
Average Tax Rate
15.65%
Comprehensive Deduction Rate
22.87%
Monthly Salary
Total Income
$4,874.92
Salary
$4,874.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,115.08
Federal Tax
$502.74
Provincial Tax
$260.18
CPP Contributions
$272.70
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$79.46
Net Pay
$3,759.84
Marginal Tax Rate
28.58%
Average Tax Rate
15.65%
Comprehensive Deduction Rate
22.87%
Biweekly Salary
Total Income
$2,249.96
Salary
$2,249.96
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$514.65
Federal Tax
$232.04
Provincial Tax
$120.08
CPP Contributions
$125.86
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$36.67
Net Pay
$1,735.31
Marginal Tax Rate
28.58%
Average Tax Rate
15.65%
Comprehensive Deduction Rate
22.87%
Weekly Salary
Total Income
$1,124.98
Salary
$1,124.98
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$257.33
Federal Tax
$116.02
Provincial Tax
$60.04
CPP Contributions
$62.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$18.34
Net Pay
$867.65
Marginal Tax Rate
28.58%
Average Tax Rate
15.65%
Comprehensive Deduction Rate
22.87%
Daily Salary
Total Income
$225.00
Salary
$225.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$51.47
Federal Tax
$23.20
Provincial Tax
$12.01
CPP Contributions
$12.59
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.67
Net Pay
$173.53
Marginal Tax Rate
28.58%
Average Tax Rate
15.65%
Comprehensive Deduction Rate
22.87%
Hourly Salary
Total Income
$30.00
Salary
$30.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$6.86
Federal Tax
$3.09
Provincial Tax
$1.60
CPP Contributions
$1.68
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.49
Net Pay
$23.14
Marginal Tax Rate
28.58%
Average Tax Rate
15.65%
Comprehensive Deduction Rate
22.87%
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
$58,499.04
Total Deductions
$11,941.80
Net Pay
$46,557.24
Average Tax Rate
13.19%
Comprehensive Deduction Rate
20.41%
Total Income
$58,499.04
Total Deductions
$12,738.28
Net Pay
$45,760.76
Average Tax Rate
14.55%
Comprehensive Deduction Rate
21.78%
Total Income
$58,499.04
Total Deductions
$12,756.52
Net Pay
$45,742.52
Average Tax Rate
14.58%
Comprehensive Deduction Rate
21.81%
Total Income
$58,499.04
Total Deductions
$12,818.83
Net Pay
$45,680.21
Average Tax Rate
14.69%
Comprehensive Deduction Rate
21.91%
Total Income
$58,499.04
Total Deductions
$13,380.99
Net Pay
$45,118.05
Average Tax Rate
15.65%
Comprehensive Deduction Rate
22.87%
Total Income
$58,499.04
Total Deductions
$13,585.96
Net Pay
$44,913.08
Average Tax Rate
16%
Comprehensive Deduction Rate
23.22%
Total Income
$58,499.04
Total Deductions
$14,279.21
Net Pay
$44,219.83
Average Tax Rate
17.19%
Comprehensive Deduction Rate
24.41%
Total Income
$58,499.04
Total Deductions
$14,685.53
Net Pay
$43,813.51
Average Tax Rate
17.88%
Comprehensive Deduction Rate
25.1%
Total Income
$58,499.04
Total Deductions
$14,923.19
Net Pay
$43,575.85
Average Tax Rate
18.29%
Comprehensive Deduction Rate
25.51%
Total Income
$58,499.04
Total Deductions
$15,065.42
Net Pay
$43,433.62
Average Tax Rate
18.53%
Comprehensive Deduction Rate
25.75%
Total Income
$58,499.04
Total Deductions
$15,462.68
Net Pay
$43,036.36
Average Tax Rate
19.21%
Comprehensive Deduction Rate
26.43%
Total Income
$58,499.04
Total Deductions
$15,937.59
Net Pay
$42,561.45
Average Tax Rate
19.46%
Comprehensive Deduction Rate
27.24%
Total Income
$58,499.04
Total Deductions
$15,977.59
Net Pay
$42,521.45
Average Tax Rate
20.09%
Comprehensive Deduction Rate
27.31%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $58,499.04 | $11,941.80 | $46,557.24 | 13.19% | 20.41% |
| British Columbia | $58,499.04 | $12,738.28 | $45,760.76 | 14.55% | 21.78% |
| Northwest Territories | $58,499.04 | $12,756.52 | $45,742.52 | 14.58% | 21.81% |
| Yukon | $58,499.04 | $12,818.83 | $45,680.21 | 14.69% | 21.91% |
| Ontario | $58,499.04 | $13,380.99 | $45,118.05 | 15.65% | 22.87% |
| Alberta | $58,499.04 | $13,585.96 | $44,913.08 | 16% | 23.22% |
| Saskatchewan | $58,499.04 | $14,279.21 | $44,219.83 | 17.19% | 24.41% |
| New Brunswick | $58,499.04 | $14,685.53 | $43,813.51 | 17.88% | 25.1% |
| Manitoba | $58,499.04 | $14,923.19 | $43,575.85 | 18.29% | 25.51% |
| Newfoundland and Labrador | $58,499.04 | $15,065.42 | $43,433.62 | 18.53% | 25.75% |
| Prince Edward Island | $58,499.04 | $15,462.68 | $43,036.36 | 19.21% | 26.43% |
| Quebec | $58,499.04 | $15,937.59 | $42,561.45 | 19.46% | 27.24% |
| Nova Scotia | $58,499.04 | $15,977.59 | $42,521.45 | 20.09% | 27.31% |
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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