2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$64,000.00
Salary
$64,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$15,347.16
Federal Tax
$7,130.99
Provincial Tax
$3,613.97
CPP Contributions
$3,599.75
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,002.45
Net Pay
$48,652.84
Marginal Tax Rate
29.65%
Average Tax Rate
16.79%
Comprehensive Deduction Rate
23.98%
Monthly Salary
Total Income
$5,333.33
Salary
$5,333.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,278.93
Federal Tax
$594.25
Provincial Tax
$301.16
CPP Contributions
$299.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$83.54
Net Pay
$4,054.40
Marginal Tax Rate
29.65%
Average Tax Rate
16.79%
Comprehensive Deduction Rate
23.98%
Biweekly Salary
Total Income
$2,461.54
Salary
$2,461.54
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$590.28
Federal Tax
$274.27
Provincial Tax
$139.00
CPP Contributions
$138.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$38.56
Net Pay
$1,871.26
Marginal Tax Rate
29.65%
Average Tax Rate
16.79%
Comprehensive Deduction Rate
23.98%
Weekly Salary
Total Income
$1,230.77
Salary
$1,230.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$295.14
Federal Tax
$137.13
Provincial Tax
$69.50
CPP Contributions
$69.23
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.28
Net Pay
$935.63
Marginal Tax Rate
29.65%
Average Tax Rate
16.79%
Comprehensive Deduction Rate
23.98%
Daily Salary
Total Income
$246.15
Salary
$246.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$59.03
Federal Tax
$27.43
Provincial Tax
$13.90
CPP Contributions
$13.85
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.86
Net Pay
$187.13
Marginal Tax Rate
29.65%
Average Tax Rate
16.79%
Comprehensive Deduction Rate
23.98%
Hourly Salary
Total Income
$32.82
Salary
$32.82
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$7.87
Federal Tax
$3.66
Provincial Tax
$1.85
CPP Contributions
$1.85
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.51
Net Pay
$24.95
Marginal Tax Rate
29.65%
Average Tax Rate
16.79%
Comprehensive Deduction Rate
23.98%
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% |
Income taxes on annual salaries
Annual Income Tax by Province/Territory
Total Income
$64,000.00
Total Deductions
$13,792.09
Net Pay
$50,207.91
Average Tax Rate
14.36%
Comprehensive Deduction Rate
21.55%
Total Income
$64,000.00
Total Deductions
$14,624.65
Net Pay
$49,375.35
Average Tax Rate
15.66%
Comprehensive Deduction Rate
22.85%
Total Income
$64,000.00
Total Deductions
$14,690.50
Net Pay
$49,309.50
Average Tax Rate
15.76%
Comprehensive Deduction Rate
22.95%
Total Income
$64,000.00
Total Deductions
$14,773.68
Net Pay
$49,226.32
Average Tax Rate
15.89%
Comprehensive Deduction Rate
23.08%
Total Income
$64,000.00
Total Deductions
$15,347.16
Net Pay
$48,652.84
Average Tax Rate
16.79%
Comprehensive Deduction Rate
23.98%
Total Income
$64,000.00
Total Deductions
$15,587.64
Net Pay
$48,412.36
Average Tax Rate
17.16%
Comprehensive Deduction Rate
24.36%
Total Income
$64,000.00
Total Deductions
$16,417.26
Net Pay
$47,582.74
Average Tax Rate
18.46%
Comprehensive Deduction Rate
25.65%
Total Income
$64,000.00
Total Deductions
$16,908.60
Net Pay
$47,091.40
Average Tax Rate
19.23%
Comprehensive Deduction Rate
26.42%
Total Income
$64,000.00
Total Deductions
$17,074.32
Net Pay
$46,925.68
Average Tax Rate
19.49%
Comprehensive Deduction Rate
26.68%
Total Income
$64,000.00
Total Deductions
$17,317.59
Net Pay
$46,682.41
Average Tax Rate
19.87%
Comprehensive Deduction Rate
27.06%
Total Income
$64,000.00
Total Deductions
$17,674.84
Net Pay
$46,325.16
Average Tax Rate
20.43%
Comprehensive Deduction Rate
27.62%
Total Income
$64,000.00
Total Deductions
$18,366.12
Net Pay
$45,633.88
Average Tax Rate
21.51%
Comprehensive Deduction Rate
28.7%
Total Income
$64,000.00
Total Deductions
$18,390.64
Net Pay
$45,609.36
Average Tax Rate
20.97%
Comprehensive Deduction Rate
28.74%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $64,000.00 | $13,792.09 | $50,207.91 | 14.36% | 21.55% |
| British Columbia | $64,000.00 | $14,624.65 | $49,375.35 | 15.66% | 22.85% |
| Northwest Territories | $64,000.00 | $14,690.50 | $49,309.50 | 15.76% | 22.95% |
| Yukon | $64,000.00 | $14,773.68 | $49,226.32 | 15.89% | 23.08% |
| Ontario | $64,000.00 | $15,347.16 | $48,652.84 | 16.79% | 23.98% |
| Alberta | $64,000.00 | $15,587.64 | $48,412.36 | 17.16% | 24.36% |
| Saskatchewan | $64,000.00 | $16,417.26 | $47,582.74 | 18.46% | 25.65% |
| New Brunswick | $64,000.00 | $16,908.60 | $47,091.40 | 19.23% | 26.42% |
| Manitoba | $64,000.00 | $17,074.32 | $46,925.68 | 19.49% | 26.68% |
| Newfoundland and Labrador | $64,000.00 | $17,317.59 | $46,682.41 | 19.87% | 27.06% |
| Prince Edward Island | $64,000.00 | $17,674.84 | $46,325.16 | 20.43% | 27.62% |
| Nova Scotia | $64,000.00 | $18,366.12 | $45,633.88 | 21.51% | 28.7% |
| Quebec | $64,000.00 | $18,390.64 | $45,609.36 | 20.97% | 28.74% |
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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