2024 Newfoundland and Labrador Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$24,004.50
Salary
$24,004.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,436.18
Federal Tax
$811.28
Provincial Tax
$1,006.41
CPP Contributions
$1,220.02
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$398.47
Net Pay
$20,568.32
Marginal Tax Rate
22.02%
Average Tax Rate
7.57%
Comprehensive Deduction Rate
14.31%
Monthly Salary
Total Income
$2,000.38
Salary
$2,000.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$286.35
Federal Tax
$67.61
Provincial Tax
$83.87
CPP Contributions
$101.67
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$33.21
Net Pay
$1,714.03
Marginal Tax Rate
22.02%
Average Tax Rate
7.57%
Comprehensive Deduction Rate
14.31%
Biweekly Salary
Total Income
$923.25
Salary
$923.25
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$132.16
Federal Tax
$31.20
Provincial Tax
$38.71
CPP Contributions
$46.92
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$15.33
Net Pay
$791.09
Marginal Tax Rate
22.02%
Average Tax Rate
7.57%
Comprehensive Deduction Rate
14.31%
Weekly Salary
Total Income
$461.63
Salary
$461.63
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$66.08
Federal Tax
$15.60
Provincial Tax
$19.35
CPP Contributions
$23.46
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$7.66
Net Pay
$395.54
Marginal Tax Rate
22.02%
Average Tax Rate
7.57%
Comprehensive Deduction Rate
14.31%
Daily Salary
Total Income
$92.33
Salary
$92.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$13.22
Federal Tax
$3.12
Provincial Tax
$3.87
CPP Contributions
$4.69
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.53
Net Pay
$79.11
Marginal Tax Rate
22.02%
Average Tax Rate
7.57%
Comprehensive Deduction Rate
14.31%
Hourly Salary
Total Income
$12.31
Salary
$12.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1.76
Federal Tax
$0.42
Provincial Tax
$0.52
CPP Contributions
$0.63
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.20
Net Pay
$10.55
Marginal Tax Rate
22.02%
Average Tax Rate
7.57%
Comprehensive Deduction Rate
14.31%
Federal and Provincial/Territorial Tax Brackets
Your taxable income in the following tax brackets.
| Federal Tax Bracket | Federal Tax Rates |
|---|---|
| $55,867.00 or less | 15% |
| $55,867.00 - $111,732.99 | 20.5% |
| $111,733.00 - $173,204.99 | 26% |
| $173,205.00 - $246,751.99 | 29% |
| More than $246,752.00 | 33% |
| Newfoundland and Labrador Tax Bracket | Newfoundland and Labrador Tax Rates |
|---|---|
| $43,198.00 or less | 8.7% |
| $43,198.00 - $86,394.99 | 14.5% |
| $86,395.00 - $154,243.99 | 15.8% |
| $154,244.00 - $215,942.99 | 17.8% |
| $215,943.00 - $275,869.99 | 19.8% |
| $275,870.00 - $551,738.99 | 20.8% |
| $551,739.00 - $1,103,477.99 | 21.3% |
| More than $1,103,478.00 | 21.8% |
Income taxes on hourly wages
Annual Income Tax by Province/Territory
Total Income
$24,004.50
Total Deductions
$2,429.77
Net Pay
$21,574.73
Average Tax Rate
3.38%
Comprehensive Deduction Rate
10.12%
Total Income
$24,004.50
Total Deductions
$2,479.87
Net Pay
$21,524.63
Average Tax Rate
3.59%
Comprehensive Deduction Rate
10.33%
Total Income
$24,004.50
Total Deductions
$2,574.53
Net Pay
$21,429.97
Average Tax Rate
3.98%
Comprehensive Deduction Rate
10.73%
Total Income
$24,004.50
Total Deductions
$2,725.54
Net Pay
$21,278.96
Average Tax Rate
4.61%
Comprehensive Deduction Rate
11.35%
Total Income
$24,004.50
Total Deductions
$2,765.65
Net Pay
$21,238.85
Average Tax Rate
4.78%
Comprehensive Deduction Rate
11.52%
Total Income
$24,004.50
Total Deductions
$2,838.74
Net Pay
$21,165.76
Average Tax Rate
5.08%
Comprehensive Deduction Rate
11.83%
Total Income
$24,004.50
Total Deductions
$2,878.22
Net Pay
$21,126.28
Average Tax Rate
4.71%
Comprehensive Deduction Rate
11.99%
Total Income
$24,004.50
Total Deductions
$3,106.74
Net Pay
$20,897.76
Average Tax Rate
6.2%
Comprehensive Deduction Rate
12.94%
Total Income
$24,004.50
Total Deductions
$3,143.22
Net Pay
$20,861.28
Average Tax Rate
6.35%
Comprehensive Deduction Rate
13.09%
Total Income
$24,004.50
Total Deductions
$3,264.59
Net Pay
$20,739.91
Average Tax Rate
6.86%
Comprehensive Deduction Rate
13.6%
Total Income
$24,004.50
Total Deductions
$3,307.91
Net Pay
$20,696.59
Average Tax Rate
7.04%
Comprehensive Deduction Rate
13.78%
Total Income
$24,004.50
Total Deductions
$3,388.32
Net Pay
$20,616.18
Average Tax Rate
7.37%
Comprehensive Deduction Rate
14.12%
Total Income
$24,004.50
Total Deductions
$3,436.18
Net Pay
$20,568.32
Average Tax Rate
7.57%
Comprehensive Deduction Rate
14.31%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| British Columbia | $24,004.50 | $2,429.77 | $21,574.73 | 3.38% | 10.12% |
| Alberta | $24,004.50 | $2,479.87 | $21,524.63 | 3.59% | 10.33% |
| Nunavut | $24,004.50 | $2,574.53 | $21,429.97 | 3.98% | 10.73% |
| Northwest Territories | $24,004.50 | $2,725.54 | $21,278.96 | 4.61% | 11.35% |
| Yukon | $24,004.50 | $2,765.65 | $21,238.85 | 4.78% | 11.52% |
| Saskatchewan | $24,004.50 | $2,838.74 | $21,165.76 | 5.08% | 11.83% |
| Quebec | $24,004.50 | $2,878.22 | $21,126.28 | 4.71% | 11.99% |
| Ontario | $24,004.50 | $3,106.74 | $20,897.76 | 6.2% | 12.94% |
| Manitoba | $24,004.50 | $3,143.22 | $20,861.28 | 6.35% | 13.09% |
| Prince Edward Island | $24,004.50 | $3,264.59 | $20,739.91 | 6.86% | 13.6% |
| New Brunswick | $24,004.50 | $3,307.91 | $20,696.59 | 7.04% | 13.78% |
| Nova Scotia | $24,004.50 | $3,388.32 | $20,616.18 | 7.37% | 14.12% |
| Newfoundland and Labrador | $24,004.50 | $3,436.18 | $20,568.32 | 7.57% | 14.31% |
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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