2024 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Province/Territory

Tax Year

Salary

Rate

Work Hours per Day

Bonus

Commission

Pension Income

Taxable Benefit

RRSP

Your Results

Yearly Salary

Total Income $43,065.36

Salary $43,065.36

Total Deductions $8,387.89

Federal Tax $3,475.21

Provincial Tax $1,843.66

CPP Contributions $2,354.14

EI Premiums $714.88

Net Pay $34,677.47

Marginal Tax Rate 18.65%

Average Tax Rate 12.35%

Comprehensive Deduction Rate 19.48%

$43,065.36 a year is how much per hour?
What is the minimum wage in Ontario in 2025?

Monthly Salary

Total Income $3,588.78

Salary $3,588.78

Total Deductions $698.99

Federal Tax $289.60

Provincial Tax $153.64

CPP Contributions $196.18

EI Premiums $59.57

Net Pay $2,889.79

Marginal Tax Rate 18.65%

Average Tax Rate 12.35%

Comprehensive Deduction Rate 19.48%

$3,588.78 a month is how much per year?
What is the minimum wage in Ontario in 2025?

Biweekly Salary

Total Income $1,656.36

Salary $1,656.36

Total Deductions $322.61

Federal Tax $133.66

Provincial Tax $70.91

CPP Contributions $90.54

EI Premiums $27.50

Net Pay $1,333.75

Marginal Tax Rate 18.65%

Average Tax Rate 12.35%

Comprehensive Deduction Rate 19.48%

$1,656.36 per two weeks is how much per year?
What is the minimum wage in Ontario in 2025?

Weekly Salary

Total Income $828.18

Salary $828.18

Total Deductions $161.31

Federal Tax $66.83

Provincial Tax $35.46

CPP Contributions $45.27

EI Premiums $13.75

Net Pay $666.87

Marginal Tax Rate 18.65%

Average Tax Rate 12.35%

Comprehensive Deduction Rate 19.48%

$828.18 a week is how much per year?
What is the minimum wage in Ontario in 2025?

Daily Salary

Total Income $165.64

Salary $165.64

Total Deductions $32.26

Federal Tax $13.37

Provincial Tax $7.09

CPP Contributions $9.05

EI Premiums $2.75

Net Pay $133.37

Marginal Tax Rate 18.65%

Average Tax Rate 12.35%

Comprehensive Deduction Rate 19.48%

$165.64 a day is how much per year?
What is the minimum wage in Ontario in 2025?

Hourly Salary

Total Income $22.08

Salary $22.08

Total Deductions $4.30

Federal Tax $1.78

Provincial Tax $0.95

CPP Contributions $1.21

EI Premiums $0.37

Net Pay $17.78

Marginal Tax Rate 18.65%

Average Tax Rate 12.35%

Comprehensive Deduction Rate 19.48%

$22.08 an hour is how much per year?
What is the minimum wage in Ontario in 2025?

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

Nunavut

Total Income $43,065.36

Total Deductions $7,393.40

Net Pay $35,671.96

Average Tax Rate 10.04%

Comprehensive Deduction Rate 17.17%

Northwest Territories

Total Income $43,065.36

Total Deductions $7,879.01

Net Pay $35,186.35

Average Tax Rate 11.17%

Comprehensive Deduction Rate 18.3%

British Columbia

Total Income $43,065.36

Total Deductions $7,931.50

Net Pay $35,133.86

Average Tax Rate 11.29%

Comprehensive Deduction Rate 18.42%

Yukon

Total Income $43,065.36

Total Deductions $8,007.16

Net Pay $35,058.20

Average Tax Rate 11.47%

Comprehensive Deduction Rate 18.59%

Alberta

Total Income $43,065.36

Total Deductions $8,355.37

Net Pay $34,709.99

Average Tax Rate 12.28%

Comprehensive Deduction Rate 19.4%

Ontario

Total Income $43,065.36

Total Deductions $8,387.89

Net Pay $34,677.47

Average Tax Rate 12.35%

Comprehensive Deduction Rate 19.48%

Saskatchewan

Total Income $43,065.36

Total Deductions $8,802.28

Net Pay $34,263.08

Average Tax Rate 13.31%

Comprehensive Deduction Rate 20.44%

New Brunswick

Total Income $43,065.36

Total Deductions $9,077.74

Net Pay $33,987.62

Average Tax Rate 13.95%

Comprehensive Deduction Rate 21.08%

Newfoundland and Labrador

Total Income $43,065.36

Total Deductions $9,082.75

Net Pay $33,982.61

Average Tax Rate 13.96%

Comprehensive Deduction Rate 21.09%

Manitoba

Total Income $43,065.36

Total Deductions $9,159.60

Net Pay $33,905.76

Average Tax Rate 14.14%

Comprehensive Deduction Rate 21.27%

Quebec

Total Income $43,065.36

Total Deductions $9,312.49

Net Pay $33,752.87

Average Tax Rate 13.93%

Comprehensive Deduction Rate 21.62%

Prince Edward Island

Total Income $43,065.36

Total Deductions $9,490.28

Net Pay $33,575.08

Average Tax Rate 14.91%

Comprehensive Deduction Rate 22.04%

Nova Scotia

Total Income $43,065.36

Total Deductions $9,975.83

Net Pay $33,089.53

Average Tax Rate 16.04%

Comprehensive Deduction Rate 23.16%

Region	Total Income	Total Deductions	Net Pay	Avg. Tax Rate	Comp. Deduction Rate
Nunavut	$43,065.36	$7,393.40	$35,671.96	10.04%	17.17%
Northwest Territories	$43,065.36	$7,879.01	$35,186.35	11.17%	18.3%
British Columbia	$43,065.36	$7,931.50	$35,133.86	11.29%	18.42%
Yukon	$43,065.36	$8,007.16	$35,058.20	11.47%	18.59%
Alberta	$43,065.36	$8,355.37	$34,709.99	12.28%	19.4%
Ontario	$43,065.36	$8,387.89	$34,677.47	12.35%	19.48%
Saskatchewan	$43,065.36	$8,802.28	$34,263.08	13.31%	20.44%
New Brunswick	$43,065.36	$9,077.74	$33,987.62	13.95%	21.08%
Newfoundland and Labrador	$43,065.36	$9,082.75	$33,982.61	13.96%	21.09%
Manitoba	$43,065.36	$9,159.60	$33,905.76	14.14%	21.27%
Quebec	$43,065.36	$9,312.49	$33,752.87	13.93%	21.62%
Prince Edward Island	$43,065.36	$9,490.28	$33,575.08	14.91%	22.04%
Nova Scotia	$43,065.36	$9,975.83	$33,089.53	16.04%	23.16%

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.