2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$30,420.00
Salary
$30,420.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$4,918.29
Federal Tax
$1,707.91
Provincial Tax
$1,103.67
CPP Contributions
$1,601.74
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$504.97
Net Pay
$25,501.71
Marginal Tax Rate
18.64%
Average Tax Rate
9.24%
Comprehensive Deduction Rate
16.17%
Monthly Salary
Total Income
$2,535.00
Salary
$2,535.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$409.86
Federal Tax
$142.33
Provincial Tax
$91.97
CPP Contributions
$133.48
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$42.08
Net Pay
$2,125.14
Marginal Tax Rate
18.64%
Average Tax Rate
9.24%
Comprehensive Deduction Rate
16.17%
Biweekly Salary
Total Income
$1,170.00
Salary
$1,170.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$189.17
Federal Tax
$65.69
Provincial Tax
$42.45
CPP Contributions
$61.61
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.42
Net Pay
$980.84
Marginal Tax Rate
18.64%
Average Tax Rate
9.24%
Comprehensive Deduction Rate
16.17%
Weekly Salary
Total Income
$585.00
Salary
$585.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$94.58
Federal Tax
$32.84
Provincial Tax
$21.22
CPP Contributions
$30.80
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$9.71
Net Pay
$490.42
Marginal Tax Rate
18.64%
Average Tax Rate
9.24%
Comprehensive Deduction Rate
16.17%
Daily Salary
Total Income
$117.00
Salary
$117.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$18.92
Federal Tax
$6.57
Provincial Tax
$4.24
CPP Contributions
$6.16
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.94
Net Pay
$98.08
Marginal Tax Rate
18.64%
Average Tax Rate
9.24%
Comprehensive Deduction Rate
16.17%
Hourly Salary
Total Income
$15.60
Salary
$15.60
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2.52
Federal Tax
$0.88
Provincial Tax
$0.57
CPP Contributions
$0.82
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.26
Net Pay
$13.08
Marginal Tax Rate
18.64%
Average Tax Rate
9.24%
Comprehensive Deduction Rate
16.17%
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 hourly wages
Annual Income Tax by Province/Territory
Total Income
$30,420.00
Total Deductions
$4,196.47
Net Pay
$26,223.53
Average Tax Rate
6.87%
Comprehensive Deduction Rate
13.8%
Total Income
$30,420.00
Total Deductions
$4,280.24
Net Pay
$26,139.76
Average Tax Rate
7.15%
Comprehensive Deduction Rate
14.07%
Total Income
$30,420.00
Total Deductions
$4,457.45
Net Pay
$25,962.55
Average Tax Rate
7.73%
Comprehensive Deduction Rate
14.65%
Total Income
$30,420.00
Total Deductions
$4,460.09
Net Pay
$25,959.91
Average Tax Rate
7.74%
Comprehensive Deduction Rate
14.66%
Total Income
$30,420.00
Total Deductions
$4,529.84
Net Pay
$25,890.16
Average Tax Rate
7.97%
Comprehensive Deduction Rate
14.89%
Total Income
$30,420.00
Total Deductions
$4,845.96
Net Pay
$25,574.04
Average Tax Rate
9%
Comprehensive Deduction Rate
15.93%
Total Income
$30,420.00
Total Deductions
$4,918.29
Net Pay
$25,501.71
Average Tax Rate
9.24%
Comprehensive Deduction Rate
16.17%
Total Income
$30,420.00
Total Deductions
$5,043.86
Net Pay
$25,376.14
Average Tax Rate
9.1%
Comprehensive Deduction Rate
16.58%
Total Income
$30,420.00
Total Deductions
$5,168.22
Net Pay
$25,251.78
Average Tax Rate
10.06%
Comprehensive Deduction Rate
16.99%
Total Income
$30,420.00
Total Deductions
$5,220.69
Net Pay
$25,199.31
Average Tax Rate
10.24%
Comprehensive Deduction Rate
17.16%
Total Income
$30,420.00
Total Deductions
$5,249.93
Net Pay
$25,170.07
Average Tax Rate
10.33%
Comprehensive Deduction Rate
17.26%
Total Income
$30,420.00
Total Deductions
$5,336.71
Net Pay
$25,083.29
Average Tax Rate
10.62%
Comprehensive Deduction Rate
17.54%
Total Income
$30,420.00
Total Deductions
$5,373.64
Net Pay
$25,046.36
Average Tax Rate
10.74%
Comprehensive Deduction Rate
17.66%
Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
---|---|---|---|---|---|
Nunavut | $30,420.00 | $4,196.47 | $26,223.53 | 6.87% | 13.8% |
British Columbia | $30,420.00 | $4,280.24 | $26,139.76 | 7.15% | 14.07% |
Alberta | $30,420.00 | $4,457.45 | $25,962.55 | 7.73% | 14.65% |
Northwest Territories | $30,420.00 | $4,460.09 | $25,959.91 | 7.74% | 14.66% |
Yukon | $30,420.00 | $4,529.84 | $25,890.16 | 7.97% | 14.89% |
Saskatchewan | $30,420.00 | $4,845.96 | $25,574.04 | 9% | 15.93% |
Ontario | $30,420.00 | $4,918.29 | $25,501.71 | 9.24% | 16.17% |
Quebec | $30,420.00 | $5,043.86 | $25,376.14 | 9.1% | 16.58% |
Manitoba | $30,420.00 | $5,168.22 | $25,251.78 | 10.06% | 16.99% |
Prince Edward Island | $30,420.00 | $5,220.69 | $25,199.31 | 10.24% | 17.16% |
New Brunswick | $30,420.00 | $5,249.93 | $25,170.07 | 10.33% | 17.26% |
Newfoundland and Labrador | $30,420.00 | $5,336.71 | $25,083.29 | 10.62% | 17.54% |
Nova Scotia | $30,420.00 | $5,373.64 | $25,046.36 | 10.74% | 17.66% |
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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