2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$31,297.50
Salary
$31,297.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$5,148.65
Federal Tax
$1,830.55
Provincial Tax
$1,144.61
CPP Contributions
$1,653.95
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$519.54
Net Pay
$26,148.85
Marginal Tax Rate
18.63%
Average Tax Rate
9.51%
Comprehensive Deduction Rate
16.45%
Monthly Salary
Total Income
$2,608.13
Salary
$2,608.13
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$429.05
Federal Tax
$152.55
Provincial Tax
$95.38
CPP Contributions
$137.83
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$43.30
Net Pay
$2,179.07
Marginal Tax Rate
18.63%
Average Tax Rate
9.51%
Comprehensive Deduction Rate
16.45%
Biweekly Salary
Total Income
$1,203.75
Salary
$1,203.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$198.03
Federal Tax
$70.41
Provincial Tax
$44.02
CPP Contributions
$63.61
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.98
Net Pay
$1,005.73
Marginal Tax Rate
18.63%
Average Tax Rate
9.51%
Comprehensive Deduction Rate
16.45%
Weekly Salary
Total Income
$601.88
Salary
$601.88
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$99.01
Federal Tax
$35.20
Provincial Tax
$22.01
CPP Contributions
$31.81
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$9.99
Net Pay
$502.86
Marginal Tax Rate
18.63%
Average Tax Rate
9.51%
Comprehensive Deduction Rate
16.45%
Daily Salary
Total Income
$120.38
Salary
$120.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$19.80
Federal Tax
$7.04
Provincial Tax
$4.40
CPP Contributions
$6.36
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.00
Net Pay
$100.57
Marginal Tax Rate
18.63%
Average Tax Rate
9.51%
Comprehensive Deduction Rate
16.45%
Hourly Salary
Total Income
$16.05
Salary
$16.05
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2.64
Federal Tax
$0.94
Provincial Tax
$0.59
CPP Contributions
$0.85
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.27
Net Pay
$13.41
Marginal Tax Rate
18.63%
Average Tax Rate
9.51%
Comprehensive Deduction Rate
16.45%
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
$31,297.50
Total Deductions
$4,418.32
Net Pay
$26,879.18
Average Tax Rate
7.17%
Comprehensive Deduction Rate
14.12%
Total Income
$31,297.50
Total Deductions
$4,541.92
Net Pay
$26,755.58
Average Tax Rate
7.57%
Comprehensive Deduction Rate
14.51%
Total Income
$31,297.50
Total Deductions
$4,697.34
Net Pay
$26,600.16
Average Tax Rate
8.06%
Comprehensive Deduction Rate
15.01%
Total Income
$31,297.50
Total Deductions
$4,727.94
Net Pay
$26,569.56
Average Tax Rate
8.16%
Comprehensive Deduction Rate
15.11%
Total Income
$31,297.50
Total Deductions
$4,771.15
Net Pay
$26,526.35
Average Tax Rate
8.3%
Comprehensive Deduction Rate
15.24%
Total Income
$31,297.50
Total Deductions
$5,120.50
Net Pay
$26,177.00
Average Tax Rate
9.42%
Comprehensive Deduction Rate
16.36%
Total Income
$31,297.50
Total Deductions
$5,148.65
Net Pay
$26,148.85
Average Tax Rate
9.51%
Comprehensive Deduction Rate
16.45%
Total Income
$31,297.50
Total Deductions
$5,340.08
Net Pay
$25,957.42
Average Tax Rate
9.56%
Comprehensive Deduction Rate
17.06%
Total Income
$31,297.50
Total Deductions
$5,445.19
Net Pay
$25,852.31
Average Tax Rate
10.45%
Comprehensive Deduction Rate
17.4%
Total Income
$31,297.50
Total Deductions
$5,488.25
Net Pay
$25,809.25
Average Tax Rate
10.59%
Comprehensive Deduction Rate
17.54%
Total Income
$31,297.50
Total Deductions
$5,515.56
Net Pay
$25,781.94
Average Tax Rate
10.68%
Comprehensive Deduction Rate
17.62%
Total Income
$31,297.50
Total Deductions
$5,596.66
Net Pay
$25,700.84
Average Tax Rate
10.94%
Comprehensive Deduction Rate
17.88%
Total Income
$31,297.50
Total Deductions
$5,693.00
Net Pay
$25,604.50
Average Tax Rate
11.25%
Comprehensive Deduction Rate
18.19%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $31,297.50 | $4,418.32 | $26,879.18 | 7.17% | 14.12% |
| British Columbia | $31,297.50 | $4,541.92 | $26,755.58 | 7.57% | 14.51% |
| Northwest Territories | $31,297.50 | $4,697.34 | $26,600.16 | 8.06% | 15.01% |
| Alberta | $31,297.50 | $4,727.94 | $26,569.56 | 8.16% | 15.11% |
| Yukon | $31,297.50 | $4,771.15 | $26,526.35 | 8.3% | 15.24% |
| Saskatchewan | $31,297.50 | $5,120.50 | $26,177.00 | 9.42% | 16.36% |
| Ontario | $31,297.50 | $5,148.65 | $26,148.85 | 9.51% | 16.45% |
| Quebec | $31,297.50 | $5,340.08 | $25,957.42 | 9.56% | 17.06% |
| Manitoba | $31,297.50 | $5,445.19 | $25,852.31 | 10.45% | 17.4% |
| Prince Edward Island | $31,297.50 | $5,488.25 | $25,809.25 | 10.59% | 17.54% |
| New Brunswick | $31,297.50 | $5,515.56 | $25,781.94 | 10.68% | 17.62% |
| Newfoundland and Labrador | $31,297.50 | $5,596.66 | $25,700.84 | 10.94% | 17.88% |
| Nova Scotia | $31,297.50 | $5,693.00 | $25,604.50 | 11.25% | 18.19% |
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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