2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$135,000.00
Salary
$135,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$40,556.71
Federal Tax
$22,712.49
Provincial Tax
$12,739.60
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$94,443.29
Marginal Tax Rate
43.41%
Average Tax Rate
26.26%
Comprehensive Deduction Rate
30.04%
Monthly Salary
Total Income
$11,250.00
Salary
$11,250.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,379.73
Federal Tax
$1,892.71
Provincial Tax
$1,061.63
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$7,870.27
Marginal Tax Rate
43.41%
Average Tax Rate
26.26%
Comprehensive Deduction Rate
30.04%
Biweekly Salary
Total Income
$5,192.31
Salary
$5,192.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,559.87
Federal Tax
$873.56
Provincial Tax
$489.98
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$3,632.43
Marginal Tax Rate
43.41%
Average Tax Rate
26.26%
Comprehensive Deduction Rate
30.04%
Weekly Salary
Total Income
$2,596.15
Salary
$2,596.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$779.94
Federal Tax
$436.78
Provincial Tax
$244.99
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,816.22
Marginal Tax Rate
43.41%
Average Tax Rate
26.26%
Comprehensive Deduction Rate
30.04%
Daily Salary
Total Income
$519.23
Salary
$519.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$155.99
Federal Tax
$87.36
Provincial Tax
$49.00
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$363.24
Marginal Tax Rate
43.41%
Average Tax Rate
26.26%
Comprehensive Deduction Rate
30.04%
Hourly Salary
Total Income
$69.23
Salary
$69.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$20.80
Federal Tax
$11.65
Provincial Tax
$6.53
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$48.43
Marginal Tax Rate
43.41%
Average Tax Rate
26.26%
Comprehensive Deduction Rate
30.04%
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
$135,000.00
Total Deductions
$35,309.33
Net Pay
$99,690.67
Average Tax Rate
22.37%
Comprehensive Deduction Rate
26.16%
Total Income
$135,000.00
Total Deductions
$37,575.32
Net Pay
$97,424.68
Average Tax Rate
24.05%
Comprehensive Deduction Rate
27.83%
Total Income
$135,000.00
Total Deductions
$37,658.26
Net Pay
$97,341.74
Average Tax Rate
24.11%
Comprehensive Deduction Rate
27.9%
Total Income
$135,000.00
Total Deductions
$37,990.40
Net Pay
$97,009.60
Average Tax Rate
24.36%
Comprehensive Deduction Rate
28.14%
Total Income
$135,000.00
Total Deductions
$38,683.36
Net Pay
$96,316.64
Average Tax Rate
24.87%
Comprehensive Deduction Rate
28.65%
Total Income
$135,000.00
Total Deductions
$40,556.71
Net Pay
$94,443.29
Average Tax Rate
26.26%
Comprehensive Deduction Rate
30.04%
Total Income
$135,000.00
Total Deductions
$41,242.03
Net Pay
$93,757.97
Average Tax Rate
26.77%
Comprehensive Deduction Rate
30.55%
Total Income
$135,000.00
Total Deductions
$43,476.43
Net Pay
$91,523.57
Average Tax Rate
28.42%
Comprehensive Deduction Rate
32.2%
Total Income
$135,000.00
Total Deductions
$43,555.00
Net Pay
$91,445.00
Average Tax Rate
28.48%
Comprehensive Deduction Rate
32.26%
Total Income
$135,000.00
Total Deductions
$44,189.57
Net Pay
$90,810.43
Average Tax Rate
28.95%
Comprehensive Deduction Rate
32.73%
Total Income
$135,000.00
Total Deductions
$45,698.76
Net Pay
$89,301.24
Average Tax Rate
30.07%
Comprehensive Deduction Rate
33.85%
Total Income
$135,000.00
Total Deductions
$46,316.27
Net Pay
$88,683.73
Average Tax Rate
30.13%
Comprehensive Deduction Rate
34.31%
Total Income
$135,000.00
Total Deductions
$46,692.25
Net Pay
$88,307.75
Average Tax Rate
30.81%
Comprehensive Deduction Rate
34.59%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $135,000.00 | $35,309.33 | $99,690.67 | 22.37% | 26.16% |
| Yukon | $135,000.00 | $37,575.32 | $97,424.68 | 24.05% | 27.83% |
| British Columbia | $135,000.00 | $37,658.26 | $97,341.74 | 24.11% | 27.9% |
| Northwest Territories | $135,000.00 | $37,990.40 | $97,009.60 | 24.36% | 28.14% |
| Alberta | $135,000.00 | $38,683.36 | $96,316.64 | 24.87% | 28.65% |
| Ontario | $135,000.00 | $40,556.71 | $94,443.29 | 26.26% | 30.04% |
| Saskatchewan | $135,000.00 | $41,242.03 | $93,757.97 | 26.77% | 30.55% |
| New Brunswick | $135,000.00 | $43,476.43 | $91,523.57 | 28.42% | 32.2% |
| Manitoba | $135,000.00 | $43,555.00 | $91,445.00 | 28.48% | 32.26% |
| Newfoundland and Labrador | $135,000.00 | $44,189.57 | $90,810.43 | 28.95% | 32.73% |
| Prince Edward Island | $135,000.00 | $45,698.76 | $89,301.24 | 30.07% | 33.85% |
| Quebec | $135,000.00 | $46,316.27 | $88,683.73 | 30.13% | 34.31% |
| Nova Scotia | $135,000.00 | $46,692.25 | $88,307.75 | 30.81% | 34.59% |
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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