2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$85,343.04
Salary
$85,343.04
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$21,980.08
Federal Tax
$11,506.32
Provincial Tax
$5,716.86
CPP Contributions
$3,754.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,002.45
Net Pay
$63,362.96
Marginal Tax Rate
29.65%
Average Tax Rate
20.18%
Comprehensive Deduction Rate
25.75%
Monthly Salary
Total Income
$7,111.92
Salary
$7,111.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,831.67
Federal Tax
$958.86
Provincial Tax
$476.41
CPP Contributions
$312.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$83.54
Net Pay
$5,280.25
Marginal Tax Rate
29.65%
Average Tax Rate
20.18%
Comprehensive Deduction Rate
25.75%
Biweekly Salary
Total Income
$3,282.42
Salary
$3,282.42
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$845.39
Federal Tax
$442.55
Provincial Tax
$219.88
CPP Contributions
$144.40
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$38.56
Net Pay
$2,437.04
Marginal Tax Rate
29.65%
Average Tax Rate
20.18%
Comprehensive Deduction Rate
25.75%
Weekly Salary
Total Income
$1,641.21
Salary
$1,641.21
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$422.69
Federal Tax
$221.28
Provincial Tax
$109.94
CPP Contributions
$72.20
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.28
Net Pay
$1,218.52
Marginal Tax Rate
29.65%
Average Tax Rate
20.18%
Comprehensive Deduction Rate
25.75%
Daily Salary
Total Income
$328.24
Salary
$328.24
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$84.54
Federal Tax
$44.26
Provincial Tax
$21.99
CPP Contributions
$14.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.86
Net Pay
$243.70
Marginal Tax Rate
29.65%
Average Tax Rate
20.18%
Comprehensive Deduction Rate
25.75%
Hourly Salary
Total Income
$43.77
Salary
$43.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$11.27
Federal Tax
$5.90
Provincial Tax
$2.93
CPP Contributions
$1.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.51
Net Pay
$32.49
Marginal Tax Rate
29.65%
Average Tax Rate
20.18%
Comprehensive Deduction Rate
25.75%
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
$85,343.04
Total Deductions
$19,816.13
Net Pay
$65,526.91
Average Tax Rate
17.65%
Comprehensive Deduction Rate
23.22%
Total Income
$85,343.04
Total Deductions
$20,798.09
Net Pay
$64,544.95
Average Tax Rate
18.8%
Comprehensive Deduction Rate
24.37%
Total Income
$85,343.04
Total Deductions
$21,056.03
Net Pay
$64,287.01
Average Tax Rate
19.1%
Comprehensive Deduction Rate
24.67%
Total Income
$85,343.04
Total Deductions
$21,224.58
Net Pay
$64,118.46
Average Tax Rate
19.3%
Comprehensive Deduction Rate
24.87%
Total Income
$85,343.04
Total Deductions
$21,980.08
Net Pay
$63,362.96
Average Tax Rate
20.18%
Comprehensive Deduction Rate
25.75%
Total Income
$85,343.04
Total Deductions
$22,251.97
Net Pay
$63,091.07
Average Tax Rate
20.5%
Comprehensive Deduction Rate
26.07%
Total Income
$85,343.04
Total Deductions
$23,615.17
Net Pay
$61,727.87
Average Tax Rate
22.1%
Comprehensive Deduction Rate
27.67%
Total Income
$85,343.04
Total Deductions
$24,426.66
Net Pay
$60,916.38
Average Tax Rate
23.05%
Comprehensive Deduction Rate
28.62%
Total Income
$85,343.04
Total Deductions
$24,591.04
Net Pay
$60,752.00
Average Tax Rate
23.24%
Comprehensive Deduction Rate
28.81%
Total Income
$85,343.04
Total Deductions
$24,974.82
Net Pay
$60,368.22
Average Tax Rate
23.69%
Comprehensive Deduction Rate
29.26%
Total Income
$85,343.04
Total Deductions
$25,769.16
Net Pay
$59,573.88
Average Tax Rate
24.62%
Comprehensive Deduction Rate
30.19%
Total Income
$85,343.04
Total Deductions
$26,512.04
Net Pay
$58,831.00
Average Tax Rate
25.49%
Comprehensive Deduction Rate
31.07%
Total Income
$85,343.04
Total Deductions
$26,571.26
Net Pay
$58,771.78
Average Tax Rate
24.99%
Comprehensive Deduction Rate
31.13%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $85,343.04 | $19,816.13 | $65,526.91 | 17.65% | 23.22% |
| British Columbia | $85,343.04 | $20,798.09 | $64,544.95 | 18.8% | 24.37% |
| Northwest Territories | $85,343.04 | $21,056.03 | $64,287.01 | 19.1% | 24.67% |
| Yukon | $85,343.04 | $21,224.58 | $64,118.46 | 19.3% | 24.87% |
| Ontario | $85,343.04 | $21,980.08 | $63,362.96 | 20.18% | 25.75% |
| Alberta | $85,343.04 | $22,251.97 | $63,091.07 | 20.5% | 26.07% |
| Saskatchewan | $85,343.04 | $23,615.17 | $61,727.87 | 22.1% | 27.67% |
| New Brunswick | $85,343.04 | $24,426.66 | $60,916.38 | 23.05% | 28.62% |
| Manitoba | $85,343.04 | $24,591.04 | $60,752.00 | 23.24% | 28.81% |
| Newfoundland and Labrador | $85,343.04 | $24,974.82 | $60,368.22 | 23.69% | 29.26% |
| Prince Edward Island | $85,343.04 | $25,769.16 | $59,573.88 | 24.62% | 30.19% |
| Nova Scotia | $85,343.04 | $26,512.04 | $58,831.00 | 25.49% | 31.07% |
| Quebec | $85,343.04 | $26,571.26 | $58,771.78 | 24.99% | 31.13% |
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.
Jobs paying $7,112+/month
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