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 $20,000.24

Salary $20,000.24

Total Deductions $2,331.67

Federal Tax $368.05

Provincial Tax $655.86

CPP Contributions $981.76

EI Premiums $326.00

Net Pay $17,668.57

Marginal Tax Rate 23.04%

Average Tax Rate 5.12%

Comprehensive Deduction Rate 11.66%

$20,000.24 a year is how much per hour?
What is the minimum wage in Prince Edward Island in 2025?

Monthly Salary

Total Income $1,666.69

Salary $1,666.69

Total Deductions $194.31

Federal Tax $30.67

Provincial Tax $54.66

CPP Contributions $81.81

EI Premiums $27.17

Net Pay $1,472.38

Marginal Tax Rate 23.04%

Average Tax Rate 5.12%

Comprehensive Deduction Rate 11.66%

$1,666.69 a month is how much per year?
What is the minimum wage in Prince Edward Island in 2025?

Biweekly Salary

Total Income $769.24

Salary $769.24

Total Deductions $89.68

Federal Tax $14.16

Provincial Tax $25.23

CPP Contributions $37.76

EI Premiums $12.54

Net Pay $679.56

Marginal Tax Rate 23.04%

Average Tax Rate 5.12%

Comprehensive Deduction Rate 11.66%

$769.24 per two weeks is how much per year?
What is the minimum wage in Prince Edward Island in 2025?

Weekly Salary

Total Income $384.62

Salary $384.62

Total Deductions $44.84

Federal Tax $7.08

Provincial Tax $12.61

CPP Contributions $18.88

EI Premiums $6.27

Net Pay $339.78

Marginal Tax Rate 23.04%

Average Tax Rate 5.12%

Comprehensive Deduction Rate 11.66%

$384.62 a week is how much per year?
What is the minimum wage in Prince Edward Island in 2025?

Daily Salary

Total Income $76.92

Salary $76.92

Total Deductions $8.97

Federal Tax $1.42

Provincial Tax $2.52

CPP Contributions $3.78

EI Premiums $1.25

Net Pay $67.96

Marginal Tax Rate 23.04%

Average Tax Rate 5.12%

Comprehensive Deduction Rate 11.66%

$76.92 a day is how much per year?
What is the minimum wage in Prince Edward Island in 2025?

Hourly Salary

Total Income $10.26

Salary $10.26

Total Deductions $1.20

Federal Tax $0.19

Provincial Tax $0.34

CPP Contributions $0.50

EI Premiums $0.17

Net Pay $9.06

Marginal Tax Rate 23.04%

Average Tax Rate 5.12%

Comprehensive Deduction Rate 11.66%

$10.26 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

Alberta

Total Income $20,000.24

Total Deductions $1,675.81

Net Pay $18,324.43

Average Tax Rate 1.84%

Comprehensive Deduction Rate 8.38%

British Columbia

Total Income $20,000.24

Total Deductions $1,675.81

Net Pay $18,324.43

Average Tax Rate 1.84%

Comprehensive Deduction Rate 8.38%

Nunavut

Total Income $20,000.24

Total Deductions $1,706.51

Net Pay $18,293.73

Average Tax Rate 1.99%

Comprehensive Deduction Rate 8.53%

Saskatchewan

Total Income $20,000.24

Total Deductions $1,784.12

Net Pay $18,216.12

Average Tax Rate 2.38%

Comprehensive Deduction Rate 8.92%

Northwest Territories

Total Income $20,000.24

Total Deductions $1,799.67

Net Pay $18,200.57

Average Tax Rate 2.46%

Comprehensive Deduction Rate 9%

Ontario

Total Income $20,000.24

Total Deductions $1,817.40

Net Pay $18,182.84

Average Tax Rate 2.55%

Comprehensive Deduction Rate 9.09%

Yukon

Total Income $20,000.24

Total Deductions $1,824.58

Net Pay $18,175.66

Average Tax Rate 2.58%

Comprehensive Deduction Rate 9.12%

Quebec

Total Income $20,000.24

Total Deductions $1,936.80

Net Pay $18,063.44

Average Tax Rate 2.64%

Comprehensive Deduction Rate 9.68%

Manitoba

Total Income $20,000.24

Total Deductions $2,074.60

Net Pay $17,925.64

Average Tax Rate 3.83%

Comprehensive Deduction Rate 10.37%

New Brunswick

Total Income $20,000.24

Total Deductions $2,261.85

Net Pay $17,738.39

Average Tax Rate 4.77%

Comprehensive Deduction Rate 11.31%

Nova Scotia

Total Income $20,000.24

Total Deductions $2,309.70

Net Pay $17,690.54

Average Tax Rate 5.01%

Comprehensive Deduction Rate 11.55%

Prince Edward Island

Total Income $20,000.24

Total Deductions $2,331.67

Net Pay $17,668.57

Average Tax Rate 5.12%

Comprehensive Deduction Rate 11.66%

Newfoundland and Labrador

Total Income $20,000.24

Total Deductions $2,398.82

Net Pay $17,601.42

Average Tax Rate 5.46%

Comprehensive Deduction Rate 11.99%

Region	Total Income	Total Deductions	Net Pay	Avg. Tax Rate	Comp. Deduction Rate
Alberta	$20,000.24	$1,675.81	$18,324.43	1.84%	8.38%
British Columbia	$20,000.24	$1,675.81	$18,324.43	1.84%	8.38%
Nunavut	$20,000.24	$1,706.51	$18,293.73	1.99%	8.53%
Saskatchewan	$20,000.24	$1,784.12	$18,216.12	2.38%	8.92%
Northwest Territories	$20,000.24	$1,799.67	$18,200.57	2.46%	9%
Ontario	$20,000.24	$1,817.40	$18,182.84	2.55%	9.09%
Yukon	$20,000.24	$1,824.58	$18,175.66	2.58%	9.12%
Quebec	$20,000.24	$1,936.80	$18,063.44	2.64%	9.68%
Manitoba	$20,000.24	$2,074.60	$17,925.64	3.83%	10.37%
New Brunswick	$20,000.24	$2,261.85	$17,738.39	4.77%	11.31%
Nova Scotia	$20,000.24	$2,309.70	$17,690.54	5.01%	11.55%
Prince Edward Island	$20,000.24	$2,331.67	$17,668.57	5.12%	11.66%
Newfoundland and Labrador	$20,000.24	$2,398.82	$17,601.42	5.46%	11.99%

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.