2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$106,000.00
Salary
$106,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$28,393.23
Federal Tax
$15,487.49
Provincial Tax
$7,801.12
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$77,606.77
Marginal Tax Rate
33.89%
Average Tax Rate
21.97%
Comprehensive Deduction Rate
26.79%
Monthly Salary
Total Income
$8,833.33
Salary
$8,833.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,366.10
Federal Tax
$1,290.62
Provincial Tax
$650.09
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$6,467.23
Marginal Tax Rate
33.89%
Average Tax Rate
21.97%
Comprehensive Deduction Rate
26.79%
Biweekly Salary
Total Income
$4,076.92
Salary
$4,076.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,092.05
Federal Tax
$595.67
Provincial Tax
$300.04
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$2,984.88
Marginal Tax Rate
33.89%
Average Tax Rate
21.97%
Comprehensive Deduction Rate
26.79%
Weekly Salary
Total Income
$2,038.46
Salary
$2,038.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$546.02
Federal Tax
$297.84
Provincial Tax
$150.02
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,492.44
Marginal Tax Rate
33.89%
Average Tax Rate
21.97%
Comprehensive Deduction Rate
26.79%
Daily Salary
Total Income
$407.69
Salary
$407.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$109.20
Federal Tax
$59.57
Provincial Tax
$30.00
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$298.49
Marginal Tax Rate
33.89%
Average Tax Rate
21.97%
Comprehensive Deduction Rate
26.79%
Hourly Salary
Total Income
$54.36
Salary
$54.36
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$14.56
Federal Tax
$7.94
Provincial Tax
$4.00
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$39.80
Marginal Tax Rate
33.89%
Average Tax Rate
21.97%
Comprehensive Deduction Rate
26.79%
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 annual salaries
Annual Income Tax by Province/Territory
Total Income
$106,000.00
Total Deductions
$25,485.33
Net Pay
$80,514.67
Average Tax Rate
19.23%
Comprehensive Deduction Rate
24.04%
Total Income
$106,000.00
Total Deductions
$26,910.26
Net Pay
$79,089.74
Average Tax Rate
20.57%
Comprehensive Deduction Rate
25.39%
Total Income
$106,000.00
Total Deductions
$27,227.40
Net Pay
$78,772.60
Average Tax Rate
20.87%
Comprehensive Deduction Rate
25.69%
Total Income
$106,000.00
Total Deductions
$27,297.32
Net Pay
$78,702.68
Average Tax Rate
20.94%
Comprehensive Deduction Rate
25.75%
Total Income
$106,000.00
Total Deductions
$28,393.23
Net Pay
$77,606.77
Average Tax Rate
21.97%
Comprehensive Deduction Rate
26.79%
Total Income
$106,000.00
Total Deductions
$28,558.36
Net Pay
$77,441.64
Average Tax Rate
22.13%
Comprehensive Deduction Rate
26.94%
Total Income
$106,000.00
Total Deductions
$30,392.03
Net Pay
$75,607.97
Average Tax Rate
23.86%
Comprehensive Deduction Rate
28.67%
Total Income
$106,000.00
Total Deductions
$31,284.00
Net Pay
$74,716.00
Average Tax Rate
24.7%
Comprehensive Deduction Rate
29.51%
Total Income
$106,000.00
Total Deductions
$31,611.43
Net Pay
$74,388.57
Average Tax Rate
25.01%
Comprehensive Deduction Rate
29.82%
Total Income
$106,000.00
Total Deductions
$32,382.57
Net Pay
$73,617.43
Average Tax Rate
25.73%
Comprehensive Deduction Rate
30.55%
Total Income
$106,000.00
Total Deductions
$33,187.50
Net Pay
$72,812.50
Average Tax Rate
25.98%
Comprehensive Deduction Rate
31.31%
Total Income
$106,000.00
Total Deductions
$33,253.76
Net Pay
$72,746.24
Average Tax Rate
26.56%
Comprehensive Deduction Rate
31.37%
Total Income
$106,000.00
Total Deductions
$34,392.25
Net Pay
$71,607.75
Average Tax Rate
27.63%
Comprehensive Deduction Rate
32.45%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $106,000.00 | $25,485.33 | $80,514.67 | 19.23% | 24.04% |
| British Columbia | $106,000.00 | $26,910.26 | $79,089.74 | 20.57% | 25.39% |
| Northwest Territories | $106,000.00 | $27,227.40 | $78,772.60 | 20.87% | 25.69% |
| Yukon | $106,000.00 | $27,297.32 | $78,702.68 | 20.94% | 25.75% |
| Ontario | $106,000.00 | $28,393.23 | $77,606.77 | 21.97% | 26.79% |
| Alberta | $106,000.00 | $28,558.36 | $77,441.64 | 22.13% | 26.94% |
| Saskatchewan | $106,000.00 | $30,392.03 | $75,607.97 | 23.86% | 28.67% |
| Manitoba | $106,000.00 | $31,284.00 | $74,716.00 | 24.7% | 29.51% |
| New Brunswick | $106,000.00 | $31,611.43 | $74,388.57 | 25.01% | 29.82% |
| Newfoundland and Labrador | $106,000.00 | $32,382.57 | $73,617.43 | 25.73% | 30.55% |
| Quebec | $106,000.00 | $33,187.50 | $72,812.50 | 25.98% | 31.31% |
| Prince Edward Island | $106,000.00 | $33,253.76 | $72,746.24 | 26.56% | 31.37% |
| Nova Scotia | $106,000.00 | $34,392.25 | $71,607.75 | 27.63% | 32.45% |
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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