2023 Prince Edward Island 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 $43,064.84

Salary $43,064.84

Total Deductions $9,837.11

Federal Tax $3,592.58

Provincial Tax $3,188.46

CPP Contributions $2,354.11

EI Premiums $701.96

Net Pay $33,227.73

Marginal Tax Rate 27.03%

Average Tax Rate 15.75%

Comprehensive Deduction Rate 22.84%

$43,064.84 a year is how much per hour?
What is the minimum wage in Prince Edward Island in 2025?

Monthly Salary

Total Income $3,588.74

Salary $3,588.74

Total Deductions $819.76

Federal Tax $299.38

Provincial Tax $265.71

CPP Contributions $196.18

EI Premiums $58.50

Net Pay $2,768.98

Marginal Tax Rate 27.03%

Average Tax Rate 15.75%

Comprehensive Deduction Rate 22.84%

$3,588.74 a month is how much per year?
What is the minimum wage in Prince Edward Island in 2025?

Biweekly Salary

Total Income $1,656.34

Salary $1,656.34

Total Deductions $378.35

Federal Tax $138.18

Provincial Tax $122.63

CPP Contributions $90.54

EI Premiums $27.00

Net Pay $1,277.99

Marginal Tax Rate 27.03%

Average Tax Rate 15.75%

Comprehensive Deduction Rate 22.84%

$1,656.34 per two weeks is how much per year?
What is the minimum wage in Prince Edward Island in 2025?

Weekly Salary

Total Income $828.17

Salary $828.17

Total Deductions $189.18

Federal Tax $69.09

Provincial Tax $61.32

CPP Contributions $45.27

EI Premiums $13.50

Net Pay $638.99

Marginal Tax Rate 27.03%

Average Tax Rate 15.75%

Comprehensive Deduction Rate 22.84%

$828.17 a week is how much per year?
What is the minimum wage in Prince Edward Island in 2025?

Daily Salary

Total Income $165.63

Salary $165.63

Total Deductions $37.84

Federal Tax $13.82

Provincial Tax $12.26

CPP Contributions $9.05

EI Premiums $2.70

Net Pay $127.80

Marginal Tax Rate 27.03%

Average Tax Rate 15.75%

Comprehensive Deduction Rate 22.84%

$165.63 a day is how much per year?
What is the minimum wage in Prince Edward Island in 2025?

Hourly Salary

Total Income $22.08

Salary $22.08

Total Deductions $5.04

Federal Tax $1.84

Provincial Tax $1.64

CPP Contributions $1.21

EI Premiums $0.36

Net Pay $17.04

Marginal Tax Rate 27.03%

Average Tax Rate 15.75%

Comprehensive Deduction Rate 22.84%

$22.08 an hour is how much per year?
What is the minimum wage in Prince Edward Island 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%

Prince Edward Island Tax Bracket	Prince Edward Island Tax Rates
$31,984.00 or less	9.8%
$31,984.00 - $63,968.99	13.8%
More than $63,969.00	16.7%

Annual Income Tax by Province/Territory

Nunavut

Total Income $43,064.84

Total Deductions $7,532.00

Net Pay $35,532.84

Average Tax Rate 10.39%

Comprehensive Deduction Rate 17.49%

Northwest Territories

Total Income $43,064.84

Total Deductions $8,030.18

Net Pay $35,034.66

Average Tax Rate 11.55%

Comprehensive Deduction Rate 18.65%

British Columbia

Total Income $43,064.84

Total Deductions $8,066.85

Net Pay $34,997.99

Average Tax Rate 11.64%

Comprehensive Deduction Rate 18.73%

Yukon

Total Income $43,064.84

Total Deductions $8,161.66

Net Pay $34,903.18

Average Tax Rate 11.86%

Comprehensive Deduction Rate 18.95%

Ontario

Total Income $43,064.84

Total Deductions $8,519.91

Net Pay $34,544.93

Average Tax Rate 12.69%

Comprehensive Deduction Rate 19.78%

Alberta

Total Income $43,064.84

Total Deductions $8,549.22

Net Pay $34,515.62

Average Tax Rate 12.76%

Comprehensive Deduction Rate 19.85%

Saskatchewan

Total Income $43,064.84

Total Deductions $8,995.16

Net Pay $34,069.68

Average Tax Rate 13.79%

Comprehensive Deduction Rate 20.89%

New Brunswick

Total Income $43,064.84

Total Deductions $9,238.42

Net Pay $33,826.42

Average Tax Rate 14.36%

Comprehensive Deduction Rate 21.45%

Newfoundland and Labrador

Total Income $43,064.84

Total Deductions $9,318.94

Net Pay $33,745.90

Average Tax Rate 14.54%

Comprehensive Deduction Rate 21.64%

Manitoba

Total Income $43,064.84

Total Deductions $9,471.36

Net Pay $33,593.48

Average Tax Rate 14.9%

Comprehensive Deduction Rate 21.99%

Prince Edward Island

Total Income $43,064.84

Total Deductions $9,837.11

Net Pay $33,227.73

Average Tax Rate 15.75%

Comprehensive Deduction Rate 22.84%

Quebec

Total Income $43,064.84

Total Deductions $9,936.48

Net Pay $33,128.36

Average Tax Rate 15.43%

Comprehensive Deduction Rate 23.07%

Nova Scotia

Total Income $43,064.84

Total Deductions $10,081.30

Net Pay $32,983.54

Average Tax Rate 16.31%

Comprehensive Deduction Rate 23.41%

Region	Total Income	Total Deductions	Net Pay	Avg. Tax Rate	Comp. Deduction Rate
Nunavut	$43,064.84	$7,532.00	$35,532.84	10.39%	17.49%
Northwest Territories	$43,064.84	$8,030.18	$35,034.66	11.55%	18.65%
British Columbia	$43,064.84	$8,066.85	$34,997.99	11.64%	18.73%
Yukon	$43,064.84	$8,161.66	$34,903.18	11.86%	18.95%
Ontario	$43,064.84	$8,519.91	$34,544.93	12.69%	19.78%
Alberta	$43,064.84	$8,549.22	$34,515.62	12.76%	19.85%
Saskatchewan	$43,064.84	$8,995.16	$34,069.68	13.79%	20.89%
New Brunswick	$43,064.84	$9,238.42	$33,826.42	14.36%	21.45%
Newfoundland and Labrador	$43,064.84	$9,318.94	$33,745.90	14.54%	21.64%
Manitoba	$43,064.84	$9,471.36	$33,593.48	14.9%	21.99%
Prince Edward Island	$43,064.84	$9,837.11	$33,227.73	15.75%	22.84%
Quebec	$43,064.84	$9,936.48	$33,128.36	15.43%	23.07%
Nova Scotia	$43,064.84	$10,081.30	$32,983.54	16.31%	23.41%

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.