2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$29,000.40
Salary
$29,000.40
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$4,545.62
Federal Tax
$1,509.50
Provincial Tax
$1,037.44
CPP Contributions
$1,517.27
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$481.41
Net Pay
$24,454.78
Marginal Tax Rate
18.64%
Average Tax Rate
8.78%
Comprehensive Deduction Rate
15.67%
Monthly Salary
Total Income
$2,416.70
Salary
$2,416.70
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$378.80
Federal Tax
$125.79
Provincial Tax
$86.45
CPP Contributions
$126.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.12
Net Pay
$2,037.90
Marginal Tax Rate
18.64%
Average Tax Rate
8.78%
Comprehensive Deduction Rate
15.67%
Biweekly Salary
Total Income
$1,115.40
Salary
$1,115.40
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$174.83
Federal Tax
$58.06
Provincial Tax
$39.90
CPP Contributions
$58.36
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$18.52
Net Pay
$940.57
Marginal Tax Rate
18.64%
Average Tax Rate
8.78%
Comprehensive Deduction Rate
15.67%
Weekly Salary
Total Income
$557.70
Salary
$557.70
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$87.42
Federal Tax
$29.03
Provincial Tax
$19.95
CPP Contributions
$29.18
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$9.26
Net Pay
$470.28
Marginal Tax Rate
18.64%
Average Tax Rate
8.78%
Comprehensive Deduction Rate
15.67%
Daily Salary
Total Income
$111.54
Salary
$111.54
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$17.48
Federal Tax
$5.81
Provincial Tax
$3.99
CPP Contributions
$5.84
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.85
Net Pay
$94.06
Marginal Tax Rate
18.64%
Average Tax Rate
8.78%
Comprehensive Deduction Rate
15.67%
Hourly Salary
Total Income
$14.87
Salary
$14.87
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2.33
Federal Tax
$0.77
Provincial Tax
$0.53
CPP Contributions
$0.78
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.25
Net Pay
$12.54
Marginal Tax Rate
18.64%
Average Tax Rate
8.78%
Comprehensive Deduction Rate
15.67%
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% |
Annual Income Tax by Province/Territory
Total Income
$29,000.40
Total Deductions
$3,837.57
Net Pay
$25,162.83
Average Tax Rate
6.34%
Comprehensive Deduction Rate
13.23%
Total Income
$29,000.40
Total Deductions
$3,856.90
Net Pay
$25,143.50
Average Tax Rate
6.41%
Comprehensive Deduction Rate
13.3%
Total Income
$29,000.40
Total Deductions
$4,019.85
Net Pay
$24,980.55
Average Tax Rate
6.97%
Comprehensive Deduction Rate
13.86%
Total Income
$29,000.40
Total Deductions
$4,076.27
Net Pay
$24,924.13
Average Tax Rate
7.16%
Comprehensive Deduction Rate
14.06%
Total Income
$29,000.40
Total Deductions
$4,139.46
Net Pay
$24,860.94
Average Tax Rate
7.38%
Comprehensive Deduction Rate
14.27%
Total Income
$29,000.40
Total Deductions
$4,401.80
Net Pay
$24,598.60
Average Tax Rate
8.29%
Comprehensive Deduction Rate
15.18%
Total Income
$29,000.40
Total Deductions
$4,545.62
Net Pay
$24,454.78
Average Tax Rate
8.78%
Comprehensive Deduction Rate
15.67%
Total Income
$29,000.40
Total Deductions
$4,564.67
Net Pay
$24,435.73
Average Tax Rate
8.3%
Comprehensive Deduction Rate
15.74%
Total Income
$29,000.40
Total Deductions
$4,720.12
Net Pay
$24,280.28
Average Tax Rate
9.38%
Comprehensive Deduction Rate
16.28%
Total Income
$29,000.40
Total Deductions
$4,787.85
Net Pay
$24,212.55
Average Tax Rate
9.62%
Comprehensive Deduction Rate
16.51%
Total Income
$29,000.40
Total Deductions
$4,820.20
Net Pay
$24,180.20
Average Tax Rate
9.73%
Comprehensive Deduction Rate
16.62%
Total Income
$29,000.40
Total Deductions
$4,893.56
Net Pay
$24,106.84
Average Tax Rate
9.98%
Comprehensive Deduction Rate
16.87%
Total Income
$29,000.40
Total Deductions
$4,916.15
Net Pay
$24,084.25
Average Tax Rate
10.06%
Comprehensive Deduction Rate
16.95%
Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
---|---|---|---|---|---|
Nunavut | $29,000.40 | $3,837.57 | $25,162.83 | 6.34% | 13.23% |
British Columbia | $29,000.40 | $3,856.90 | $25,143.50 | 6.41% | 13.3% |
Alberta | $29,000.40 | $4,019.85 | $24,980.55 | 6.97% | 13.86% |
Northwest Territories | $29,000.40 | $4,076.27 | $24,924.13 | 7.16% | 14.06% |
Yukon | $29,000.40 | $4,139.46 | $24,860.94 | 7.38% | 14.27% |
Saskatchewan | $29,000.40 | $4,401.80 | $24,598.60 | 8.29% | 15.18% |
Ontario | $29,000.40 | $4,545.62 | $24,454.78 | 8.78% | 15.67% |
Quebec | $29,000.40 | $4,564.67 | $24,435.73 | 8.3% | 15.74% |
Manitoba | $29,000.40 | $4,720.12 | $24,280.28 | 9.38% | 16.28% |
Prince Edward Island | $29,000.40 | $4,787.85 | $24,212.55 | 9.62% | 16.51% |
New Brunswick | $29,000.40 | $4,820.20 | $24,180.20 | 9.73% | 16.62% |
Nova Scotia | $29,000.40 | $4,893.56 | $24,106.84 | 9.98% | 16.87% |
Newfoundland and Labrador | $29,000.40 | $4,916.15 | $24,084.25 | 10.06% | 16.95% |
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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