2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$20,007.00
Salary
$20,007.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,630.96
Federal Tax
$252.59
Provincial Tax
$64.08
CPP Contributions
$982.17
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$332.12
Net Pay
$18,376.04
Marginal Tax Rate
29.3%
Average Tax Rate
1.58%
Comprehensive Deduction Rate
8.15%
Monthly Salary
Total Income
$1,667.25
Salary
$1,667.25
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$135.91
Federal Tax
$21.05
Provincial Tax
$5.34
CPP Contributions
$81.85
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$27.68
Net Pay
$1,531.34
Marginal Tax Rate
29.3%
Average Tax Rate
1.58%
Comprehensive Deduction Rate
8.15%
Biweekly Salary
Total Income
$769.50
Salary
$769.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$62.73
Federal Tax
$9.72
Provincial Tax
$2.46
CPP Contributions
$37.78
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$12.77
Net Pay
$706.77
Marginal Tax Rate
29.3%
Average Tax Rate
1.58%
Comprehensive Deduction Rate
8.15%
Weekly Salary
Total Income
$384.75
Salary
$384.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$31.36
Federal Tax
$4.86
Provincial Tax
$1.23
CPP Contributions
$18.89
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$6.39
Net Pay
$353.39
Marginal Tax Rate
29.3%
Average Tax Rate
1.58%
Comprehensive Deduction Rate
8.15%
Daily Salary
Total Income
$76.95
Salary
$76.95
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$6.27
Federal Tax
$0.97
Provincial Tax
$0.25
CPP Contributions
$3.78
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.28
Net Pay
$70.68
Marginal Tax Rate
29.3%
Average Tax Rate
1.58%
Comprehensive Deduction Rate
8.15%
Hourly Salary
Total Income
$10.26
Salary
$10.26
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$0.84
Federal Tax
$0.13
Provincial Tax
$0.03
CPP Contributions
$0.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.17
Net Pay
$9.42
Marginal Tax Rate
29.3%
Average Tax Rate
1.58%
Comprehensive Deduction Rate
8.15%
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% |
Ontario Tax Bracket | Ontario Tax Rates |
---|---|
$51,446.00 or less | 5.05% |
$51,446.00 - $102,893.99 | 9.15% |
$102,894.00 - $149,999.99 | 11.16% |
$150,000.00 - $219,999.99 | 12.16% |
More than $220,000.00 | 13.16% |
Income taxes on hourly wages
Annual Income Tax by Province/Territory
Total Income
$20,007.00
Total Deductions
$1,566.88
Net Pay
$18,440.12
Average Tax Rate
1.26%
Comprehensive Deduction Rate
7.83%
Total Income
$20,007.00
Total Deductions
$1,566.88
Net Pay
$18,440.12
Average Tax Rate
1.26%
Comprehensive Deduction Rate
7.83%
Total Income
$20,007.00
Total Deductions
$1,566.88
Net Pay
$18,440.12
Average Tax Rate
1.26%
Comprehensive Deduction Rate
7.83%
Total Income
$20,007.00
Total Deductions
$1,588.06
Net Pay
$18,418.94
Average Tax Rate
1.37%
Comprehensive Deduction Rate
7.94%
Total Income
$20,007.00
Total Deductions
$1,609.12
Net Pay
$18,397.88
Average Tax Rate
0.95%
Comprehensive Deduction Rate
8.04%
Total Income
$20,007.00
Total Deductions
$1,630.96
Net Pay
$18,376.04
Average Tax Rate
1.58%
Comprehensive Deduction Rate
8.15%
Total Income
$20,007.00
Total Deductions
$1,644.74
Net Pay
$18,362.26
Average Tax Rate
1.65%
Comprehensive Deduction Rate
8.22%
Total Income
$20,007.00
Total Deductions
$1,666.39
Net Pay
$18,340.61
Average Tax Rate
1.76%
Comprehensive Deduction Rate
8.33%
Total Income
$20,007.00
Total Deductions
$1,881.46
Net Pay
$18,125.54
Average Tax Rate
2.83%
Comprehensive Deduction Rate
9.4%
Total Income
$20,007.00
Total Deductions
$2,045.76
Net Pay
$17,961.24
Average Tax Rate
3.66%
Comprehensive Deduction Rate
10.23%
Total Income
$20,007.00
Total Deductions
$2,097.86
Net Pay
$17,909.14
Average Tax Rate
3.92%
Comprehensive Deduction Rate
10.49%
Total Income
$20,007.00
Total Deductions
$2,200.79
Net Pay
$17,806.21
Average Tax Rate
4.43%
Comprehensive Deduction Rate
11%
Total Income
$20,007.00
Total Deductions
$2,251.98
Net Pay
$17,755.02
Average Tax Rate
4.69%
Comprehensive Deduction Rate
11.26%
Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
---|---|---|---|---|---|
Alberta | $20,007.00 | $1,566.88 | $18,440.12 | 1.26% | 7.83% |
British Columbia | $20,007.00 | $1,566.88 | $18,440.12 | 1.26% | 7.83% |
Nunavut | $20,007.00 | $1,566.88 | $18,440.12 | 1.26% | 7.83% |
Saskatchewan | $20,007.00 | $1,588.06 | $18,418.94 | 1.37% | 7.94% |
Quebec | $20,007.00 | $1,609.12 | $18,397.88 | 0.95% | 8.04% |
Ontario | $20,007.00 | $1,630.96 | $18,376.04 | 1.58% | 8.15% |
Northwest Territories | $20,007.00 | $1,644.74 | $18,362.26 | 1.65% | 8.22% |
Yukon | $20,007.00 | $1,666.39 | $18,340.61 | 1.76% | 8.33% |
Manitoba | $20,007.00 | $1,881.46 | $18,125.54 | 2.83% | 9.4% |
Prince Edward Island | $20,007.00 | $2,045.76 | $17,961.24 | 3.66% | 10.23% |
New Brunswick | $20,007.00 | $2,097.86 | $17,909.14 | 3.92% | 10.49% |
Nova Scotia | $20,007.00 | $2,200.79 | $17,806.21 | 4.43% | 11% |
Newfoundland and Labrador | $20,007.00 | $2,251.98 | $17,755.02 | 4.69% | 11.26% |
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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