2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$149,000.00
Salary
$149,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$46,634.05
Federal Tax
$26,352.49
Provincial Tax
$15,176.94
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$102,365.95
Marginal Tax Rate
43.41%
Average Tax Rate
27.87%
Comprehensive Deduction Rate
31.3%
Monthly Salary
Total Income
$12,416.67
Salary
$12,416.67
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,886.17
Federal Tax
$2,196.04
Provincial Tax
$1,264.75
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$8,530.50
Marginal Tax Rate
43.41%
Average Tax Rate
27.87%
Comprehensive Deduction Rate
31.3%
Biweekly Salary
Total Income
$5,730.77
Salary
$5,730.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,793.62
Federal Tax
$1,013.56
Provincial Tax
$583.73
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$3,937.15
Marginal Tax Rate
43.41%
Average Tax Rate
27.87%
Comprehensive Deduction Rate
31.3%
Weekly Salary
Total Income
$2,865.38
Salary
$2,865.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$896.81
Federal Tax
$506.78
Provincial Tax
$291.86
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,968.58
Marginal Tax Rate
43.41%
Average Tax Rate
27.87%
Comprehensive Deduction Rate
31.3%
Daily Salary
Total Income
$573.08
Salary
$573.08
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$179.36
Federal Tax
$101.36
Provincial Tax
$58.37
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$393.72
Marginal Tax Rate
43.41%
Average Tax Rate
27.87%
Comprehensive Deduction Rate
31.3%
Hourly Salary
Total Income
$76.41
Salary
$76.41
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$23.91
Federal Tax
$13.51
Provincial Tax
$7.78
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$52.50
Marginal Tax Rate
43.41%
Average Tax Rate
27.87%
Comprehensive Deduction Rate
31.3%
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
$149,000.00
Total Deductions
$40,209.33
Net Pay
$108,790.67
Average Tax Rate
23.56%
Comprehensive Deduction Rate
26.99%
Total Income
$149,000.00
Total Deductions
$42,741.32
Net Pay
$106,258.68
Average Tax Rate
25.26%
Comprehensive Deduction Rate
28.69%
Total Income
$149,000.00
Total Deductions
$43,338.40
Net Pay
$105,661.60
Average Tax Rate
25.66%
Comprehensive Deduction Rate
29.09%
Total Income
$149,000.00
Total Deductions
$43,356.26
Net Pay
$105,643.74
Average Tax Rate
25.67%
Comprehensive Deduction Rate
29.1%
Total Income
$149,000.00
Total Deductions
$43,738.36
Net Pay
$105,261.64
Average Tax Rate
25.93%
Comprehensive Deduction Rate
29.35%
Total Income
$149,000.00
Total Deductions
$46,634.05
Net Pay
$102,365.95
Average Tax Rate
27.87%
Comprehensive Deduction Rate
31.3%
Total Income
$149,000.00
Total Deductions
$46,637.03
Net Pay
$102,362.97
Average Tax Rate
27.87%
Comprehensive Deduction Rate
31.3%
Total Income
$149,000.00
Total Deductions
$49,356.43
Net Pay
$99,643.57
Average Tax Rate
29.7%
Comprehensive Deduction Rate
33.13%
Total Income
$149,000.00
Total Deductions
$49,631.00
Net Pay
$99,369.00
Average Tax Rate
29.88%
Comprehensive Deduction Rate
33.31%
Total Income
$149,000.00
Total Deductions
$50,041.57
Net Pay
$98,958.43
Average Tax Rate
30.16%
Comprehensive Deduction Rate
33.58%
Total Income
$149,000.00
Total Deductions
$51,926.26
Net Pay
$97,073.74
Average Tax Rate
31.42%
Comprehensive Deduction Rate
34.85%
Total Income
$149,000.00
Total Deductions
$52,782.25
Net Pay
$96,217.75
Average Tax Rate
32%
Comprehensive Deduction Rate
35.42%
Total Income
$149,000.00
Total Deductions
$52,960.67
Net Pay
$96,039.33
Average Tax Rate
31.75%
Comprehensive Deduction Rate
35.54%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $149,000.00 | $40,209.33 | $108,790.67 | 23.56% | 26.99% |
| Yukon | $149,000.00 | $42,741.32 | $106,258.68 | 25.26% | 28.69% |
| Northwest Territories | $149,000.00 | $43,338.40 | $105,661.60 | 25.66% | 29.09% |
| British Columbia | $149,000.00 | $43,356.26 | $105,643.74 | 25.67% | 29.1% |
| Alberta | $149,000.00 | $43,738.36 | $105,261.64 | 25.93% | 29.35% |
| Ontario | $149,000.00 | $46,634.05 | $102,365.95 | 27.87% | 31.3% |
| Saskatchewan | $149,000.00 | $46,637.03 | $102,362.97 | 27.87% | 31.3% |
| New Brunswick | $149,000.00 | $49,356.43 | $99,643.57 | 29.7% | 33.13% |
| Manitoba | $149,000.00 | $49,631.00 | $99,369.00 | 29.88% | 33.31% |
| Newfoundland and Labrador | $149,000.00 | $50,041.57 | $98,958.43 | 30.16% | 33.58% |
| Prince Edward Island | $149,000.00 | $51,926.26 | $97,073.74 | 31.42% | 34.85% |
| Nova Scotia | $149,000.00 | $52,782.25 | $96,217.75 | 32% | 35.42% |
| Quebec | $149,000.00 | $52,960.67 | $96,039.33 | 31.75% | 35.54% |
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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