2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$69,225.00
Salary
$69,225.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$17,051.08
Federal Tax
$8,202.12
Provincial Tax
$4,092.06
CPP Contributions
$3,754.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,002.45
Net Pay
$52,173.92
Marginal Tax Rate
29.65%
Average Tax Rate
17.76%
Comprehensive Deduction Rate
24.63%
Monthly Salary
Total Income
$5,768.75
Salary
$5,768.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,420.92
Federal Tax
$683.51
Provincial Tax
$341.01
CPP Contributions
$312.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$83.54
Net Pay
$4,347.83
Marginal Tax Rate
29.65%
Average Tax Rate
17.76%
Comprehensive Deduction Rate
24.63%
Biweekly Salary
Total Income
$2,662.50
Salary
$2,662.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$655.81
Federal Tax
$315.47
Provincial Tax
$157.39
CPP Contributions
$144.40
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$38.56
Net Pay
$2,006.69
Marginal Tax Rate
29.65%
Average Tax Rate
17.76%
Comprehensive Deduction Rate
24.63%
Weekly Salary
Total Income
$1,331.25
Salary
$1,331.25
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$327.91
Federal Tax
$157.73
Provincial Tax
$78.69
CPP Contributions
$72.20
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.28
Net Pay
$1,003.34
Marginal Tax Rate
29.65%
Average Tax Rate
17.76%
Comprehensive Deduction Rate
24.63%
Daily Salary
Total Income
$266.25
Salary
$266.25
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$65.58
Federal Tax
$31.55
Provincial Tax
$15.74
CPP Contributions
$14.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.86
Net Pay
$200.67
Marginal Tax Rate
29.65%
Average Tax Rate
17.76%
Comprehensive Deduction Rate
24.63%
Hourly Salary
Total Income
$35.50
Salary
$35.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$8.74
Federal Tax
$4.21
Provincial Tax
$2.10
CPP Contributions
$1.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.51
Net Pay
$26.76
Marginal Tax Rate
29.65%
Average Tax Rate
17.76%
Comprehensive Deduction Rate
24.63%
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
$69,225.00
Total Deductions
$15,383.67
Net Pay
$53,841.33
Average Tax Rate
15.35%
Comprehensive Deduction Rate
22.22%
Total Income
$69,225.00
Total Deductions
$16,252.81
Net Pay
$52,972.19
Average Tax Rate
16.61%
Comprehensive Deduction Rate
23.48%
Total Income
$69,225.00
Total Deductions
$16,365.68
Net Pay
$52,859.32
Average Tax Rate
16.77%
Comprehensive Deduction Rate
23.64%
Total Income
$69,225.00
Total Deductions
$16,469.76
Net Pay
$52,755.24
Average Tax Rate
16.92%
Comprehensive Deduction Rate
23.79%
Total Income
$69,225.00
Total Deductions
$17,051.08
Net Pay
$52,173.92
Average Tax Rate
17.76%
Comprehensive Deduction Rate
24.63%
Total Income
$69,225.00
Total Deductions
$17,335.97
Net Pay
$51,889.03
Average Tax Rate
18.17%
Comprehensive Deduction Rate
25.04%
Total Income
$69,225.00
Total Deductions
$18,296.22
Net Pay
$50,928.78
Average Tax Rate
19.56%
Comprehensive Deduction Rate
26.43%
Total Income
$69,225.00
Total Deductions
$18,865.93
Net Pay
$50,359.07
Average Tax Rate
20.38%
Comprehensive Deduction Rate
27.25%
Total Income
$69,225.00
Total Deductions
$18,966.34
Net Pay
$50,258.66
Average Tax Rate
20.53%
Comprehensive Deduction Rate
27.4%
Total Income
$69,225.00
Total Deductions
$19,301.05
Net Pay
$49,923.95
Average Tax Rate
21.01%
Comprehensive Deduction Rate
27.88%
Total Income
$69,225.00
Total Deductions
$19,773.25
Net Pay
$49,451.75
Average Tax Rate
21.69%
Comprehensive Deduction Rate
28.56%
Total Income
$69,225.00
Total Deductions
$20,490.51
Net Pay
$48,734.49
Average Tax Rate
22.73%
Comprehensive Deduction Rate
29.6%
Total Income
$69,225.00
Total Deductions
$20,519.00
Net Pay
$48,706.00
Average Tax Rate
22.19%
Comprehensive Deduction Rate
29.64%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $69,225.00 | $15,383.67 | $53,841.33 | 15.35% | 22.22% |
| British Columbia | $69,225.00 | $16,252.81 | $52,972.19 | 16.61% | 23.48% |
| Northwest Territories | $69,225.00 | $16,365.68 | $52,859.32 | 16.77% | 23.64% |
| Yukon | $69,225.00 | $16,469.76 | $52,755.24 | 16.92% | 23.79% |
| Ontario | $69,225.00 | $17,051.08 | $52,173.92 | 17.76% | 24.63% |
| Alberta | $69,225.00 | $17,335.97 | $51,889.03 | 18.17% | 25.04% |
| Saskatchewan | $69,225.00 | $18,296.22 | $50,928.78 | 19.56% | 26.43% |
| New Brunswick | $69,225.00 | $18,865.93 | $50,359.07 | 20.38% | 27.25% |
| Manitoba | $69,225.00 | $18,966.34 | $50,258.66 | 20.53% | 27.4% |
| Newfoundland and Labrador | $69,225.00 | $19,301.05 | $49,923.95 | 21.01% | 27.88% |
| Prince Edward Island | $69,225.00 | $19,773.25 | $49,451.75 | 21.69% | 28.56% |
| Nova Scotia | $69,225.00 | $20,490.51 | $48,734.49 | 22.73% | 29.6% |
| Quebec | $69,225.00 | $20,519.00 | $48,706.00 | 22.19% | 29.64% |
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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