2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$60,180.00
Salary
$60,180.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$13,988.74
Federal Tax
$6,364.48
Provincial Tax
$3,270.87
CPP Contributions
$3,372.46
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$980.93
Net Pay
$46,191.26
Marginal Tax Rate
28.58%
Average Tax Rate
16.01%
Comprehensive Deduction Rate
23.24%
Monthly Salary
Total Income
$5,015.00
Salary
$5,015.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,165.73
Federal Tax
$530.37
Provincial Tax
$272.57
CPP Contributions
$281.04
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$81.74
Net Pay
$3,849.27
Marginal Tax Rate
28.58%
Average Tax Rate
16.01%
Comprehensive Deduction Rate
23.24%
Biweekly Salary
Total Income
$2,314.62
Salary
$2,314.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$538.03
Federal Tax
$244.79
Provincial Tax
$125.80
CPP Contributions
$129.71
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$37.73
Net Pay
$1,776.59
Marginal Tax Rate
28.58%
Average Tax Rate
16.01%
Comprehensive Deduction Rate
23.24%
Weekly Salary
Total Income
$1,157.31
Salary
$1,157.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$269.01
Federal Tax
$122.39
Provincial Tax
$62.90
CPP Contributions
$64.86
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$18.86
Net Pay
$888.29
Marginal Tax Rate
28.58%
Average Tax Rate
16.01%
Comprehensive Deduction Rate
23.24%
Daily Salary
Total Income
$231.46
Salary
$231.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$53.80
Federal Tax
$24.48
Provincial Tax
$12.58
CPP Contributions
$12.97
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.77
Net Pay
$177.66
Marginal Tax Rate
28.58%
Average Tax Rate
16.01%
Comprehensive Deduction Rate
23.24%
Hourly Salary
Total Income
$30.86
Salary
$30.86
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$7.17
Federal Tax
$3.26
Provincial Tax
$1.68
CPP Contributions
$1.73
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.50
Net Pay
$23.69
Marginal Tax Rate
28.58%
Average Tax Rate
16.01%
Comprehensive Deduction Rate
23.24%
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
$60,180.00
Total Deductions
$12,514.46
Net Pay
$47,665.54
Average Tax Rate
13.56%
Comprehensive Deduction Rate
20.8%
Total Income
$60,180.00
Total Deductions
$13,321.63
Net Pay
$46,858.37
Average Tax Rate
14.9%
Comprehensive Deduction Rate
22.14%
Total Income
$60,180.00
Total Deductions
$13,354.17
Net Pay
$46,825.83
Average Tax Rate
14.96%
Comprehensive Deduction Rate
22.19%
Total Income
$60,180.00
Total Deductions
$13,422.71
Net Pay
$46,757.29
Average Tax Rate
15.07%
Comprehensive Deduction Rate
22.3%
Total Income
$60,180.00
Total Deductions
$13,988.74
Net Pay
$46,191.26
Average Tax Rate
16.01%
Comprehensive Deduction Rate
23.24%
Total Income
$60,180.00
Total Deductions
$14,203.05
Net Pay
$45,976.95
Average Tax Rate
16.37%
Comprehensive Deduction Rate
23.6%
Total Income
$60,180.00
Total Deductions
$14,937.81
Net Pay
$45,242.19
Average Tax Rate
17.59%
Comprehensive Deduction Rate
24.82%
Total Income
$60,180.00
Total Deductions
$15,370.45
Net Pay
$44,809.55
Average Tax Rate
18.31%
Comprehensive Deduction Rate
25.54%
Total Income
$60,180.00
Total Deductions
$15,585.70
Net Pay
$44,594.30
Average Tax Rate
18.66%
Comprehensive Deduction Rate
25.9%
Total Income
$60,180.00
Total Deductions
$15,759.45
Net Pay
$44,420.55
Average Tax Rate
18.95%
Comprehensive Deduction Rate
26.19%
Total Income
$60,180.00
Total Deductions
$16,143.84
Net Pay
$44,036.16
Average Tax Rate
19.59%
Comprehensive Deduction Rate
26.83%
Total Income
$60,180.00
Total Deductions
$16,695.18
Net Pay
$43,484.82
Average Tax Rate
19.95%
Comprehensive Deduction Rate
27.74%
Total Income
$60,180.00
Total Deductions
$16,705.05
Net Pay
$43,474.95
Average Tax Rate
20.52%
Comprehensive Deduction Rate
27.76%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $60,180.00 | $12,514.46 | $47,665.54 | 13.56% | 20.8% |
| British Columbia | $60,180.00 | $13,321.63 | $46,858.37 | 14.9% | 22.14% |
| Northwest Territories | $60,180.00 | $13,354.17 | $46,825.83 | 14.96% | 22.19% |
| Yukon | $60,180.00 | $13,422.71 | $46,757.29 | 15.07% | 22.3% |
| Ontario | $60,180.00 | $13,988.74 | $46,191.26 | 16.01% | 23.24% |
| Alberta | $60,180.00 | $14,203.05 | $45,976.95 | 16.37% | 23.6% |
| Saskatchewan | $60,180.00 | $14,937.81 | $45,242.19 | 17.59% | 24.82% |
| New Brunswick | $60,180.00 | $15,370.45 | $44,809.55 | 18.31% | 25.54% |
| Manitoba | $60,180.00 | $15,585.70 | $44,594.30 | 18.66% | 25.9% |
| Newfoundland and Labrador | $60,180.00 | $15,759.45 | $44,420.55 | 18.95% | 26.19% |
| Prince Edward Island | $60,180.00 | $16,143.84 | $44,036.16 | 19.59% | 26.83% |
| Quebec | $60,180.00 | $16,695.18 | $43,484.82 | 19.95% | 27.74% |
| Nova Scotia | $60,180.00 | $16,705.05 | $43,474.95 | 20.52% | 27.76% |
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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