2024 Ontario 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 $61,199.84

Salary $61,199.84

Total Deductions $14,004.35

Federal Tax $6,312.14

Provincial Tax $3,243.15

CPP Contributions $3,433.14

EI Premiums $1,015.92

Net Pay $47,195.49

Marginal Tax Rate 28.58%

Average Tax Rate 15.61%

Comprehensive Deduction Rate 22.88%

$61,199.84 a year is how much per hour?
What is the minimum wage in Ontario in 2024?

Monthly Salary

Total Income $5,099.99

Salary $5,099.99

Total Deductions $1,167.03

Federal Tax $526.01

Provincial Tax $270.26

CPP Contributions $286.10

EI Premiums $84.66

Net Pay $3,932.96

Marginal Tax Rate 28.58%

Average Tax Rate 15.61%

Comprehensive Deduction Rate 22.88%

$5,099.99 a month is how much per year?
What is the minimum wage in Ontario in 2024?

Biweekly Salary

Total Income $2,353.84

Salary $2,353.84

Total Deductions $538.63

Federal Tax $242.77

Provincial Tax $124.74

CPP Contributions $132.04

EI Premiums $39.07

Net Pay $1,815.21

Marginal Tax Rate 28.58%

Average Tax Rate 15.61%

Comprehensive Deduction Rate 22.88%

$2,353.84 per two weeks is how much per year?
What is the minimum wage in Ontario in 2024?

Weekly Salary

Total Income $1,176.92

Salary $1,176.92

Total Deductions $269.31

Federal Tax $121.39

Provincial Tax $62.37

CPP Contributions $66.02

EI Premiums $19.54

Net Pay $907.61

Marginal Tax Rate 28.58%

Average Tax Rate 15.61%

Comprehensive Deduction Rate 22.88%

$1,176.92 a week is how much per year?
What is the minimum wage in Ontario in 2024?

Daily Salary

Total Income $235.38

Salary $235.38

Total Deductions $53.86

Federal Tax $24.28

Provincial Tax $12.47

CPP Contributions $13.20

EI Premiums $3.91

Net Pay $181.52

Marginal Tax Rate 28.58%

Average Tax Rate 15.61%

Comprehensive Deduction Rate 22.88%

$235.38 a day is how much per year?
What is the minimum wage in Ontario in 2024?

Hourly Salary

Total Income $31.38

Salary $31.38

Total Deductions $7.18

Federal Tax $3.24

Provincial Tax $1.66

CPP Contributions $1.76

EI Premiums $0.52

Net Pay $24.20

Marginal Tax Rate 28.58%

Average Tax Rate 15.61%

Comprehensive Deduction Rate 22.88%

$31.38 an hour is how much per year?
What is the minimum wage in Ontario in 2024?

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

Nunavut

Total Income $61,199.84

Total Deductions $12,521.07

Net Pay $48,678.77

Average Tax Rate 13.19%

Comprehensive Deduction Rate 20.46%

British Columbia

Total Income $61,199.84

Total Deductions $13,349.11

Net Pay $47,850.73

Average Tax Rate 14.54%

Comprehensive Deduction Rate 21.81%

Northwest Territories

Total Income $61,199.84

Total Deductions $13,374.61

Net Pay $47,825.23

Average Tax Rate 14.58%

Comprehensive Deduction Rate 21.85%

Yukon

Total Income $61,199.84

Total Deductions $13,438.66

Net Pay $47,761.18

Average Tax Rate 14.69%

Comprehensive Deduction Rate 21.96%

Ontario

Total Income $61,199.84

Total Deductions $14,004.35

Net Pay $47,195.49

Average Tax Rate 15.61%

Comprehensive Deduction Rate 22.88%

Alberta

Total Income $61,199.84

Total Deductions $14,254.09

Net Pay $46,945.75

Average Tax Rate 16.02%

Comprehensive Deduction Rate 23.29%

Saskatchewan

Total Income $61,199.84

Total Deductions $14,968.10

Net Pay $46,231.74

Average Tax Rate 17.19%

Comprehensive Deduction Rate 24.46%

New Brunswick

Total Income $61,199.84

Total Deductions $15,392.77

Net Pay $45,807.07

Average Tax Rate 17.88%

Comprehensive Deduction Rate 25.15%

Manitoba

Total Income $61,199.84

Total Deductions $15,469.26

Net Pay $45,730.58

Average Tax Rate 18.01%

Comprehensive Deduction Rate 25.28%

Newfoundland and Labrador

Total Income $61,199.84

Total Deductions $15,807.44

Net Pay $45,392.40

Average Tax Rate 18.56%

Comprehensive Deduction Rate 25.83%

Prince Edward Island

Total Income $61,199.84

Total Deductions $16,049.92

Net Pay $45,149.92

Average Tax Rate 18.96%

Comprehensive Deduction Rate 26.23%

Quebec

Total Income $61,199.84

Total Deductions $16,118.50

Net Pay $45,081.34

Average Tax Rate 18.49%

Comprehensive Deduction Rate 26.34%

Nova Scotia

Total Income $61,199.84

Total Deductions $16,918.43

Net Pay $44,281.41

Average Tax Rate 20.37%

Comprehensive Deduction Rate 27.64%

Region	Total Income	Total Deductions	Net Pay	Average Tax Rate	Comprehensive Deduction Rate
Nunavut	$61,199.84	$12,521.07	$48,678.77	13.19%	20.46%
British Columbia	$61,199.84	$13,349.11	$47,850.73	14.54%	21.81%
Northwest Territories	$61,199.84	$13,374.61	$47,825.23	14.58%	21.85%
Yukon	$61,199.84	$13,438.66	$47,761.18	14.69%	21.96%
Ontario	$61,199.84	$14,004.35	$47,195.49	15.61%	22.88%
Alberta	$61,199.84	$14,254.09	$46,945.75	16.02%	23.29%
Saskatchewan	$61,199.84	$14,968.10	$46,231.74	17.19%	24.46%
New Brunswick	$61,199.84	$15,392.77	$45,807.07	17.88%	25.15%
Manitoba	$61,199.84	$15,469.26	$45,730.58	18.01%	25.28%
Newfoundland and Labrador	$61,199.84	$15,807.44	$45,392.40	18.56%	25.83%
Prince Edward Island	$61,199.84	$16,049.92	$45,149.92	18.96%	26.23%
Quebec	$61,199.84	$16,118.50	$45,081.34	18.49%	26.34%
Nova Scotia	$61,199.84	$16,918.43	$44,281.41	20.37%	27.64%

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.