2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$68,033.16
Salary
$68,033.16
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$16,697.69
Federal Tax
$7,957.79
Provincial Tax
$3,983.00
CPP Contributions
$3,754.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,002.45
Net Pay
$51,335.47
Marginal Tax Rate
29.65%
Average Tax Rate
17.55%
Comprehensive Deduction Rate
24.54%
Monthly Salary
Total Income
$5,669.43
Salary
$5,669.43
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,391.47
Federal Tax
$663.15
Provincial Tax
$331.92
CPP Contributions
$312.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$83.54
Net Pay
$4,277.96
Marginal Tax Rate
29.65%
Average Tax Rate
17.55%
Comprehensive Deduction Rate
24.54%
Biweekly Salary
Total Income
$2,616.66
Salary
$2,616.66
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$642.22
Federal Tax
$306.07
Provincial Tax
$153.19
CPP Contributions
$144.40
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$38.56
Net Pay
$1,974.44
Marginal Tax Rate
29.65%
Average Tax Rate
17.55%
Comprehensive Deduction Rate
24.54%
Weekly Salary
Total Income
$1,308.33
Salary
$1,308.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$321.11
Federal Tax
$153.03
Provincial Tax
$76.60
CPP Contributions
$72.20
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.28
Net Pay
$987.22
Marginal Tax Rate
29.65%
Average Tax Rate
17.55%
Comprehensive Deduction Rate
24.54%
Daily Salary
Total Income
$261.67
Salary
$261.67
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$64.22
Federal Tax
$30.61
Provincial Tax
$15.32
CPP Contributions
$14.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.86
Net Pay
$197.44
Marginal Tax Rate
29.65%
Average Tax Rate
17.55%
Comprehensive Deduction Rate
24.54%
Hourly Salary
Total Income
$34.89
Salary
$34.89
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$8.56
Federal Tax
$4.08
Provincial Tax
$2.04
CPP Contributions
$1.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.51
Net Pay
$26.33
Marginal Tax Rate
29.65%
Average Tax Rate
17.55%
Comprehensive Deduction Rate
24.54%
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
$68,033.16
Total Deductions
$15,055.91
Net Pay
$52,977.25
Average Tax Rate
15.14%
Comprehensive Deduction Rate
22.13%
Total Income
$68,033.16
Total Deductions
$15,916.70
Net Pay
$52,116.46
Average Tax Rate
16.4%
Comprehensive Deduction Rate
23.4%
Total Income
$68,033.16
Total Deductions
$16,018.85
Net Pay
$52,014.31
Average Tax Rate
16.55%
Comprehensive Deduction Rate
23.55%
Total Income
$68,033.16
Total Deductions
$16,118.16
Net Pay
$51,915.00
Average Tax Rate
16.7%
Comprehensive Deduction Rate
23.69%
Total Income
$68,033.16
Total Deductions
$16,697.69
Net Pay
$51,335.47
Average Tax Rate
17.55%
Comprehensive Deduction Rate
24.54%
Total Income
$68,033.16
Total Deductions
$16,972.46
Net Pay
$51,060.70
Average Tax Rate
17.96%
Comprehensive Deduction Rate
24.95%
Total Income
$68,033.16
Total Deductions
$17,902.91
Net Pay
$50,130.25
Average Tax Rate
19.32%
Comprehensive Deduction Rate
26.31%
Total Income
$68,033.16
Total Deductions
$18,454.74
Net Pay
$49,578.42
Average Tax Rate
20.13%
Comprehensive Deduction Rate
27.13%
Total Income
$68,033.16
Total Deductions
$18,570.05
Net Pay
$49,463.11
Average Tax Rate
20.3%
Comprehensive Deduction Rate
27.3%
Total Income
$68,033.16
Total Deductions
$18,883.90
Net Pay
$49,149.26
Average Tax Rate
20.76%
Comprehensive Deduction Rate
27.76%
Total Income
$68,033.16
Total Deductions
$19,329.88
Net Pay
$48,703.28
Average Tax Rate
21.42%
Comprehensive Deduction Rate
28.41%
Total Income
$68,033.16
Total Deductions
$20,041.22
Net Pay
$47,991.94
Average Tax Rate
22.47%
Comprehensive Deduction Rate
29.46%
Total Income
$68,033.16
Total Deductions
$20,071.47
Net Pay
$47,961.69
Average Tax Rate
21.92%
Comprehensive Deduction Rate
29.5%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $68,033.16 | $15,055.91 | $52,977.25 | 15.14% | 22.13% |
| British Columbia | $68,033.16 | $15,916.70 | $52,116.46 | 16.4% | 23.4% |
| Northwest Territories | $68,033.16 | $16,018.85 | $52,014.31 | 16.55% | 23.55% |
| Yukon | $68,033.16 | $16,118.16 | $51,915.00 | 16.7% | 23.69% |
| Ontario | $68,033.16 | $16,697.69 | $51,335.47 | 17.55% | 24.54% |
| Alberta | $68,033.16 | $16,972.46 | $51,060.70 | 17.96% | 24.95% |
| Saskatchewan | $68,033.16 | $17,902.91 | $50,130.25 | 19.32% | 26.31% |
| New Brunswick | $68,033.16 | $18,454.74 | $49,578.42 | 20.13% | 27.13% |
| Manitoba | $68,033.16 | $18,570.05 | $49,463.11 | 20.3% | 27.3% |
| Newfoundland and Labrador | $68,033.16 | $18,883.90 | $49,149.26 | 20.76% | 27.76% |
| Prince Edward Island | $68,033.16 | $19,329.88 | $48,703.28 | 21.42% | 28.41% |
| Nova Scotia | $68,033.16 | $20,041.22 | $47,991.94 | 22.47% | 29.46% |
| Quebec | $68,033.16 | $20,071.47 | $47,961.69 | 21.92% | 29.5% |
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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