2024 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Your Results


Yearly Salary
Total Income $154,799.88
Salary $154,799.88
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $49,226.65
Federal Tax $27,860.46
Provincial Tax $16,261.57
CPP Contributions $4,055.50
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $1,049.12

Net Pay $105,573.23

Marginal Tax Rate 44.96%
Average Tax Rate 28.5%
Comprehensive Deduction Rate 31.8%
Monthly Salary
Total Income $12,899.99
Salary $12,899.99
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $4,102.22
Federal Tax $2,321.71
Provincial Tax $1,355.13
CPP Contributions $337.96
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $87.43

Net Pay $8,797.77

Marginal Tax Rate 44.96%
Average Tax Rate 28.5%
Comprehensive Deduction Rate 31.8%
Biweekly Salary
Total Income $5,953.84
Salary $5,953.84
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $1,893.33
Federal Tax $1,071.56
Provincial Tax $625.45
CPP Contributions $155.98
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $40.35

Net Pay $4,060.51

Marginal Tax Rate 44.96%
Average Tax Rate 28.5%
Comprehensive Deduction Rate 31.8%
Weekly Salary
Total Income $2,976.92
Salary $2,976.92
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $946.67
Federal Tax $535.78
Provincial Tax $312.72
CPP Contributions $77.99
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $20.18

Net Pay $2,030.25

Marginal Tax Rate 44.96%
Average Tax Rate 28.5%
Comprehensive Deduction Rate 31.8%
Daily Salary
Total Income $595.38
Salary $595.38
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $189.33
Federal Tax $107.16
Provincial Tax $62.54
CPP Contributions $15.60
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $4.04

Net Pay $406.05

Marginal Tax Rate 44.96%
Average Tax Rate 28.5%
Comprehensive Deduction Rate 31.8%
Hourly Salary
Total Income $79.38
Salary $79.38
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $25.24
Federal Tax $14.29
Provincial Tax $8.34
CPP Contributions $2.08
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $0.54

Net Pay $54.14

Marginal Tax Rate 44.96%
Average Tax Rate 28.5%
Comprehensive Deduction Rate 31.8%

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 $154,799.88
Total Deductions $42,239.29
Net Pay $112,560.59
Average Tax Rate 23.99%
Comprehensive Deduction Rate 27.29%
Total Income $154,799.88
Total Deductions $44,881.48
Net Pay $109,918.40
Average Tax Rate 25.7%
Comprehensive Deduction Rate 28.99%
Total Income $154,799.88
Total Deductions $45,553.96
Net Pay $109,245.92
Average Tax Rate 26.13%
Comprehensive Deduction Rate 29.43%
Total Income $154,799.88
Total Deductions $45,716.81
Net Pay $109,083.07
Average Tax Rate 26.24%
Comprehensive Deduction Rate 29.53%
Total Income $154,799.88
Total Deductions $45,942.32
Net Pay $108,857.56
Average Tax Rate 26.38%
Comprehensive Deduction Rate 29.68%
Total Income $154,799.88
Total Deductions $48,985.98
Net Pay $105,813.90
Average Tax Rate 28.35%
Comprehensive Deduction Rate 31.64%
Total Income $154,799.88
Total Deductions $49,226.65
Net Pay $105,573.23
Average Tax Rate 28.5%
Comprehensive Deduction Rate 31.8%
Total Income $154,799.88
Total Deductions $51,792.38
Net Pay $103,007.50
Average Tax Rate 30.16%
Comprehensive Deduction Rate 33.46%
Total Income $154,799.88
Total Deductions $52,148.15
Net Pay $102,651.73
Average Tax Rate 30.39%
Comprehensive Deduction Rate 33.69%
Total Income $154,799.88
Total Deductions $52,477.92
Net Pay $102,321.96
Average Tax Rate 30.6%
Comprehensive Deduction Rate 33.9%
Total Income $154,799.88
Total Deductions $54,521.71
Net Pay $100,278.17
Average Tax Rate 31.92%
Comprehensive Deduction Rate 35.22%
Total Income $154,799.88
Total Deductions $55,473.19
Net Pay $99,326.69
Average Tax Rate 32.54%
Comprehensive Deduction Rate 35.84%
Total Income $154,799.88
Total Deductions $55,713.29
Net Pay $99,086.59
Average Tax Rate 32.34%
Comprehensive Deduction Rate 35.99%
Region Total Income Total Deductions Net Pay Avg. Tax Rate Comp. Deduction Rate
Nunavut $154,799.88 $42,239.29 $112,560.59 23.99% 27.29%
Yukon $154,799.88 $44,881.48 $109,918.40 25.7% 28.99%
Northwest Territories $154,799.88 $45,553.96 $109,245.92 26.13% 29.43%
British Columbia $154,799.88 $45,716.81 $109,083.07 26.24% 29.53%
Alberta $154,799.88 $45,942.32 $108,857.56 26.38% 29.68%
Saskatchewan $154,799.88 $48,985.98 $105,813.90 28.35% 31.64%
Ontario $154,799.88 $49,226.65 $105,573.23 28.5% 31.8%
New Brunswick $154,799.88 $51,792.38 $103,007.50 30.16% 33.46%
Manitoba $154,799.88 $52,148.15 $102,651.73 30.39% 33.69%
Newfoundland and Labrador $154,799.88 $52,477.92 $102,321.96 30.6% 33.9%
Prince Edward Island $154,799.88 $54,521.71 $100,278.17 31.92% 35.22%
Nova Scotia $154,799.88 $55,473.19 $99,326.69 32.54% 35.84%
Quebec $154,799.88 $55,713.29 $99,086.59 32.34% 35.99%
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.