2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$165,000.00
Salary
$165,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$53,813.59
Federal Tax
$30,512.49
Provincial Tax
$18,196.48
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$111,186.41
Marginal Tax Rate
44.97%
Average Tax Rate
29.52%
Comprehensive Deduction Rate
32.61%
Monthly Salary
Total Income
$13,750.00
Salary
$13,750.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$4,484.47
Federal Tax
$2,542.71
Provincial Tax
$1,516.37
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$9,265.53
Marginal Tax Rate
44.97%
Average Tax Rate
29.52%
Comprehensive Deduction Rate
32.61%
Biweekly Salary
Total Income
$6,346.15
Salary
$6,346.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,069.75
Federal Tax
$1,173.56
Provincial Tax
$699.86
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$4,276.40
Marginal Tax Rate
44.97%
Average Tax Rate
29.52%
Comprehensive Deduction Rate
32.61%
Weekly Salary
Total Income
$3,173.08
Salary
$3,173.08
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,034.88
Federal Tax
$586.78
Provincial Tax
$349.93
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$2,138.20
Marginal Tax Rate
44.97%
Average Tax Rate
29.52%
Comprehensive Deduction Rate
32.61%
Daily Salary
Total Income
$634.62
Salary
$634.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$206.98
Federal Tax
$117.36
Provincial Tax
$69.99
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$427.64
Marginal Tax Rate
44.97%
Average Tax Rate
29.52%
Comprehensive Deduction Rate
32.61%
Hourly Salary
Total Income
$84.62
Salary
$84.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$27.60
Federal Tax
$15.65
Provincial Tax
$9.33
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$57.02
Marginal Tax Rate
44.97%
Average Tax Rate
29.52%
Comprehensive Deduction Rate
32.61%
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
$165,000.00
Total Deductions
$45,809.33
Net Pay
$119,190.67
Average Tax Rate
24.67%
Comprehensive Deduction Rate
27.76%
Total Income
$165,000.00
Total Deductions
$48,645.32
Net Pay
$116,354.68
Average Tax Rate
26.39%
Comprehensive Deduction Rate
29.48%
Total Income
$165,000.00
Total Deductions
$49,458.90
Net Pay
$115,541.10
Average Tax Rate
26.88%
Comprehensive Deduction Rate
29.98%
Total Income
$165,000.00
Total Deductions
$49,818.36
Net Pay
$115,181.64
Average Tax Rate
27.1%
Comprehensive Deduction Rate
30.19%
Total Income
$165,000.00
Total Deductions
$49,868.26
Net Pay
$115,131.74
Average Tax Rate
27.13%
Comprehensive Deduction Rate
30.22%
Total Income
$165,000.00
Total Deductions
$53,117.03
Net Pay
$111,882.97
Average Tax Rate
29.1%
Comprehensive Deduction Rate
32.19%
Total Income
$165,000.00
Total Deductions
$53,813.59
Net Pay
$111,186.41
Average Tax Rate
29.52%
Comprehensive Deduction Rate
32.61%
Total Income
$165,000.00
Total Deductions
$56,076.43
Net Pay
$108,923.57
Average Tax Rate
30.89%
Comprehensive Deduction Rate
33.99%
Total Income
$165,000.00
Total Deductions
$56,575.00
Net Pay
$108,425.00
Average Tax Rate
31.19%
Comprehensive Deduction Rate
34.29%
Total Income
$165,000.00
Total Deductions
$56,945.57
Net Pay
$108,054.43
Average Tax Rate
31.42%
Comprehensive Deduction Rate
34.51%
Total Income
$165,000.00
Total Deductions
$59,086.26
Net Pay
$105,913.74
Average Tax Rate
32.72%
Comprehensive Deduction Rate
35.81%
Total Income
$165,000.00
Total Deductions
$60,267.25
Net Pay
$104,732.75
Average Tax Rate
33.43%
Comprehensive Deduction Rate
36.53%
Total Income
$165,000.00
Total Deductions
$60,554.27
Net Pay
$104,445.73
Average Tax Rate
33.28%
Comprehensive Deduction Rate
36.7%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $165,000.00 | $45,809.33 | $119,190.67 | 24.67% | 27.76% |
| Yukon | $165,000.00 | $48,645.32 | $116,354.68 | 26.39% | 29.48% |
| Northwest Territories | $165,000.00 | $49,458.90 | $115,541.10 | 26.88% | 29.98% |
| Alberta | $165,000.00 | $49,818.36 | $115,181.64 | 27.1% | 30.19% |
| British Columbia | $165,000.00 | $49,868.26 | $115,131.74 | 27.13% | 30.22% |
| Saskatchewan | $165,000.00 | $53,117.03 | $111,882.97 | 29.1% | 32.19% |
| Ontario | $165,000.00 | $53,813.59 | $111,186.41 | 29.52% | 32.61% |
| New Brunswick | $165,000.00 | $56,076.43 | $108,923.57 | 30.89% | 33.99% |
| Manitoba | $165,000.00 | $56,575.00 | $108,425.00 | 31.19% | 34.29% |
| Newfoundland and Labrador | $165,000.00 | $56,945.57 | $108,054.43 | 31.42% | 34.51% |
| Prince Edward Island | $165,000.00 | $59,086.26 | $105,913.74 | 32.72% | 35.81% |
| Nova Scotia | $165,000.00 | $60,267.25 | $104,732.75 | 33.43% | 36.53% |
| Quebec | $165,000.00 | $60,554.27 | $104,445.73 | 33.28% | 36.7% |
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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