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2023 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Yearly Salary
Total Income $50,000.00
Salary $50,000.00
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $10,520.83
Federal Tax $4,562.14
Provincial Tax $2,376.94
CPP Contributions $2,766.75
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $815.00

Net Pay $39,479.17

Marginal Tax Rate 22.75%
Average Tax Rate 13.88%
Comprehensive Deduction Rate 21.04%
Monthly Salary
Total Income $4,166.67
Salary $4,166.67
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $876.74
Federal Tax $380.18
Provincial Tax $198.08
CPP Contributions $230.56
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $67.92

Net Pay $3,289.93

Marginal Tax Rate 22.75%
Average Tax Rate 13.88%
Comprehensive Deduction Rate 21.04%
Biweekly Salary
Total Income $1,923.08
Salary $1,923.08
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $404.65
Federal Tax $175.47
Provincial Tax $91.42
CPP Contributions $106.41
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $31.35

Net Pay $1,518.43

Marginal Tax Rate 22.75%
Average Tax Rate 13.88%
Comprehensive Deduction Rate 21.04%
Weekly Salary
Total Income $961.54
Salary $961.54
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $202.32
Federal Tax $87.73
Provincial Tax $45.71
CPP Contributions $53.21
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $15.67

Net Pay $759.21

Marginal Tax Rate 22.75%
Average Tax Rate 13.88%
Comprehensive Deduction Rate 21.04%
Daily Salary
Total Income $192.31
Salary $192.31
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $40.46
Federal Tax $17.55
Provincial Tax $9.14
CPP Contributions $10.64
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $3.13

Net Pay $151.84

Marginal Tax Rate 22.75%
Average Tax Rate 13.88%
Comprehensive Deduction Rate 21.04%
Hourly Salary
Total Income $25.64
Salary $25.64
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $5.40
Federal Tax $2.34
Provincial Tax $1.22
CPP Contributions $1.42
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $0.42

Net Pay $20.25

Marginal Tax Rate 22.75%
Average Tax Rate 13.88%
Comprehensive Deduction Rate 21.04%

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 $50,000.00
Total Deductions $9,283.62
Net Pay $40,716.38
Average Tax Rate 11.4%
Comprehensive Deduction Rate 18.57%
Total Income $50,000.00
Total Deductions $9,948.58
Net Pay $40,051.42
Average Tax Rate 12.73%
Comprehensive Deduction Rate 19.9%
Total Income $50,000.00
Total Deductions $10,001.41
Net Pay $39,998.59
Average Tax Rate 12.84%
Comprehensive Deduction Rate 20%
Total Income $50,000.00
Total Deductions $10,067.11
Net Pay $39,932.89
Average Tax Rate 12.97%
Comprehensive Deduction Rate 20.13%
Total Income $50,000.00
Total Deductions $10,520.83
Net Pay $39,479.17
Average Tax Rate 13.88%
Comprehensive Deduction Rate 21.04%
Total Income $50,000.00
Total Deductions $10,685.41
Net Pay $39,314.59
Average Tax Rate 14.21%
Comprehensive Deduction Rate 21.37%
Total Income $50,000.00
Total Deductions $11,169.40
Net Pay $38,830.60
Average Tax Rate 15.18%
Comprehensive Deduction Rate 22.34%
Total Income $50,000.00
Total Deductions $11,441.16
Net Pay $38,558.84
Average Tax Rate 15.72%
Comprehensive Deduction Rate 22.88%
Total Income $50,000.00
Total Deductions $11,774.05
Net Pay $38,225.95
Average Tax Rate 16.38%
Comprehensive Deduction Rate 23.55%
Total Income $50,000.00
Total Deductions $11,794.06
Net Pay $38,205.94
Average Tax Rate 16.42%
Comprehensive Deduction Rate 23.59%
Total Income $50,000.00
Total Deductions $12,237.88
Net Pay $37,762.12
Average Tax Rate 17.31%
Comprehensive Deduction Rate 24.48%
Total Income $50,000.00
Total Deductions $12,343.44
Net Pay $37,656.56
Average Tax Rate 16.97%
Comprehensive Deduction Rate 24.69%
Total Income $50,000.00
Total Deductions $12,603.72
Net Pay $37,396.28
Average Tax Rate 18.04%
Comprehensive Deduction Rate 25.21%
Region Total Income Total Deductions Net Pay Average Tax Rate Comprehensive Deduction Rate
Nunavut $50,000.00 $9,283.62 $40,716.38 11.4% 18.57%
Northwest Territories $50,000.00 $9,948.58 $40,051.42 12.73% 19.9%
British Columbia $50,000.00 $10,001.41 $39,998.59 12.84% 20%
Yukon $50,000.00 $10,067.11 $39,932.89 12.97% 20.13%
Ontario $50,000.00 $10,520.83 $39,479.17 13.88% 21.04%
Alberta $50,000.00 $10,685.41 $39,314.59 14.21% 21.37%
Saskatchewan $50,000.00 $11,169.40 $38,830.60 15.18% 22.34%
New Brunswick $50,000.00 $11,441.16 $38,558.84 15.72% 22.88%
Newfoundland and Labrador $50,000.00 $11,774.05 $38,225.95 16.38% 23.55%
Manitoba $50,000.00 $11,794.06 $38,205.94 16.42% 23.59%
Prince Edward Island $50,000.00 $12,237.88 $37,762.12 17.31% 24.48%
Quebec $50,000.00 $12,343.44 $37,656.56 16.97% 24.69%
Nova Scotia $50,000.00 $12,603.72 $37,396.28 18.04% 25.21%
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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