2023 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Province/Territory

Tax Year

Salary

Rate

Work Hours per Day

Bonus

Commission

Pension Income

Taxable Benefit

RRSP

Your Results

Yearly Salary

Total Income $48,000.16

Salary $48,000.16

Total Deductions $9,814.37

Federal Tax $4,282.56

Provincial Tax $2,101.65

CPP Contributions $2,647.76

EI Premiums $782.40

Net Pay $38,185.79

Marginal Tax Rate 43.64%

Average Tax Rate 13.3%

Comprehensive Deduction Rate 20.45%

$48,000.16 a year is how much per hour?
What is the minimum wage in Ontario in 2025?

Monthly Salary

Total Income $4,000.01

Salary $4,000.01

Total Deductions $817.86

Federal Tax $356.88

Provincial Tax $175.14

CPP Contributions $220.65

EI Premiums $65.20

Net Pay $3,182.15

Marginal Tax Rate 43.64%

Average Tax Rate 13.3%

Comprehensive Deduction Rate 20.45%

$4,000.01 a month is how much per year?
What is the minimum wage in Ontario in 2025?

Biweekly Salary

Total Income $1,846.16

Salary $1,846.16

Total Deductions $377.48

Federal Tax $164.71

Provincial Tax $80.83

CPP Contributions $101.84

EI Premiums $30.09

Net Pay $1,468.68

Marginal Tax Rate 43.64%

Average Tax Rate 13.3%

Comprehensive Deduction Rate 20.45%

$1,846.16 per two weeks is how much per year?
What is the minimum wage in Ontario in 2025?

Weekly Salary

Total Income $923.08

Salary $923.08

Total Deductions $188.74

Federal Tax $82.36

Provincial Tax $40.42

CPP Contributions $50.92

EI Premiums $15.05

Net Pay $734.34

Marginal Tax Rate 43.64%

Average Tax Rate 13.3%

Comprehensive Deduction Rate 20.45%

$923.08 a week is how much per year?
What is the minimum wage in Ontario in 2025?

Daily Salary

Total Income $184.62

Salary $184.62

Total Deductions $37.75

Federal Tax $16.47

Provincial Tax $8.08

CPP Contributions $10.18

EI Premiums $3.01

Net Pay $146.87

Marginal Tax Rate 43.64%

Average Tax Rate 13.3%

Comprehensive Deduction Rate 20.45%

$184.62 a day is how much per year?
What is the minimum wage in Ontario in 2025?

Hourly Salary

Total Income $24.62

Salary $24.62

Total Deductions $5.03

Federal Tax $2.20

Provincial Tax $1.08

CPP Contributions $1.36

EI Premiums $0.40

Net Pay $19.58

Marginal Tax Rate 43.64%

Average Tax Rate 13.3%

Comprehensive Deduction Rate 20.45%

$24.62 an hour is how much per year?
What is the minimum wage in Ontario in 2025?

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

Nunavut

Total Income $48,000.16

Total Deductions $8,778.52

Net Pay $39,221.64

Average Tax Rate 11.14%

Comprehensive Deduction Rate 18.29%

Northwest Territories

Total Income $48,000.16

Total Deductions $9,363.36

Net Pay $38,636.80

Average Tax Rate 12.36%

Comprehensive Deduction Rate 19.51%

British Columbia

Total Income $48,000.16

Total Deductions $9,423.92

Net Pay $38,576.24

Average Tax Rate 12.49%

Comprehensive Deduction Rate 19.63%

Yukon

Total Income $48,000.16

Total Deductions $9,517.65

Net Pay $38,482.51

Average Tax Rate 12.68%

Comprehensive Deduction Rate 19.83%

Ontario

Total Income $48,000.16

Total Deductions $9,814.37

Net Pay $38,185.79

Average Tax Rate 13.3%

Comprehensive Deduction Rate 20.45%

Alberta

Total Income $48,000.16

Total Deductions $10,069.42

Net Pay $37,930.74

Average Tax Rate 13.83%

Comprehensive Deduction Rate 20.98%

Saskatchewan

Total Income $48,000.16

Total Deductions $10,538.16

Net Pay $37,462.00

Average Tax Rate 14.81%

Comprehensive Deduction Rate 21.95%

New Brunswick

Total Income $48,000.16

Total Deductions $10,744.25

Net Pay $37,255.91

Average Tax Rate 15.24%

Comprehensive Deduction Rate 22.38%

Newfoundland and Labrador

Total Income $48,000.16

Total Deductions $11,066.09

Net Pay $36,934.07

Average Tax Rate 15.91%

Comprehensive Deduction Rate 23.05%

Manitoba

Total Income $48,000.16

Total Deductions $11,124.28

Net Pay $36,875.88

Average Tax Rate 16.03%

Comprehensive Deduction Rate 23.18%

Prince Edward Island

Total Income $48,000.16

Total Deductions $11,545.58

Net Pay $36,454.58

Average Tax Rate 16.91%

Comprehensive Deduction Rate 24.05%

Quebec

Total Income $48,000.16

Total Deductions $11,649.35

Net Pay $36,350.81

Average Tax Rate 16.57%

Comprehensive Deduction Rate 24.27%

Nova Scotia

Total Income $48,000.16

Total Deductions $11,876.35

Net Pay $36,123.81

Average Tax Rate 17.6%

Comprehensive Deduction Rate 24.74%

Region	Total Income	Total Deductions	Net Pay	Avg. Tax Rate	Comp. Deduction Rate
Nunavut	$48,000.16	$8,778.52	$39,221.64	11.14%	18.29%
Northwest Territories	$48,000.16	$9,363.36	$38,636.80	12.36%	19.51%
British Columbia	$48,000.16	$9,423.92	$38,576.24	12.49%	19.63%
Yukon	$48,000.16	$9,517.65	$38,482.51	12.68%	19.83%
Ontario	$48,000.16	$9,814.37	$38,185.79	13.3%	20.45%
Alberta	$48,000.16	$10,069.42	$37,930.74	13.83%	20.98%
Saskatchewan	$48,000.16	$10,538.16	$37,462.00	14.81%	21.95%
New Brunswick	$48,000.16	$10,744.25	$37,255.91	15.24%	22.38%
Newfoundland and Labrador	$48,000.16	$11,066.09	$36,934.07	15.91%	23.05%
Manitoba	$48,000.16	$11,124.28	$36,875.88	16.03%	23.18%
Prince Edward Island	$48,000.16	$11,545.58	$36,454.58	16.91%	24.05%
Quebec	$48,000.16	$11,649.35	$36,350.81	16.57%	24.27%
Nova Scotia	$48,000.16	$11,876.35	$36,123.81	17.6%	24.74%

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.