2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$170,000.00
Salary
$170,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$56,062.07
Federal Tax
$31,812.49
Provincial Tax
$19,144.96
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$113,937.93
Marginal Tax Rate
44.97%
Average Tax Rate
29.97%
Comprehensive Deduction Rate
32.98%
Monthly Salary
Total Income
$14,166.67
Salary
$14,166.67
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$4,671.84
Federal Tax
$2,651.04
Provincial Tax
$1,595.41
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$9,494.83
Marginal Tax Rate
44.97%
Average Tax Rate
29.97%
Comprehensive Deduction Rate
32.98%
Biweekly Salary
Total Income
$6,538.46
Salary
$6,538.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,156.23
Federal Tax
$1,223.56
Provincial Tax
$736.34
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$4,382.23
Marginal Tax Rate
44.97%
Average Tax Rate
29.97%
Comprehensive Deduction Rate
32.98%
Weekly Salary
Total Income
$3,269.23
Salary
$3,269.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,078.12
Federal Tax
$611.78
Provincial Tax
$368.17
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$2,191.11
Marginal Tax Rate
44.97%
Average Tax Rate
29.97%
Comprehensive Deduction Rate
32.98%
Daily Salary
Total Income
$653.85
Salary
$653.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$215.62
Federal Tax
$122.36
Provincial Tax
$73.63
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$438.22
Marginal Tax Rate
44.97%
Average Tax Rate
29.97%
Comprehensive Deduction Rate
32.98%
Hourly Salary
Total Income
$87.18
Salary
$87.18
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$28.75
Federal Tax
$16.31
Provincial Tax
$9.82
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$58.43
Marginal Tax Rate
44.97%
Average Tax Rate
29.97%
Comprehensive Deduction Rate
32.98%
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
$170,000.00
Total Deductions
$47,559.33
Net Pay
$122,440.67
Average Tax Rate
24.97%
Comprehensive Deduction Rate
27.98%
Total Income
$170,000.00
Total Deductions
$50,490.32
Net Pay
$119,509.68
Average Tax Rate
26.7%
Comprehensive Deduction Rate
29.7%
Total Income
$170,000.00
Total Deductions
$51,461.40
Net Pay
$118,538.60
Average Tax Rate
27.27%
Comprehensive Deduction Rate
30.27%
Total Income
$170,000.00
Total Deductions
$51,718.36
Net Pay
$118,281.64
Average Tax Rate
27.42%
Comprehensive Deduction Rate
30.42%
Total Income
$170,000.00
Total Deductions
$51,903.26
Net Pay
$118,096.74
Average Tax Rate
27.53%
Comprehensive Deduction Rate
30.53%
Total Income
$170,000.00
Total Deductions
$55,142.03
Net Pay
$114,857.97
Average Tax Rate
29.43%
Comprehensive Deduction Rate
32.44%
Total Income
$170,000.00
Total Deductions
$56,062.07
Net Pay
$113,937.93
Average Tax Rate
29.97%
Comprehensive Deduction Rate
32.98%
Total Income
$170,000.00
Total Deductions
$58,176.43
Net Pay
$111,823.57
Average Tax Rate
31.22%
Comprehensive Deduction Rate
34.22%
Total Income
$170,000.00
Total Deductions
$58,745.00
Net Pay
$111,255.00
Average Tax Rate
31.55%
Comprehensive Deduction Rate
34.56%
Total Income
$170,000.00
Total Deductions
$59,135.57
Net Pay
$110,864.43
Average Tax Rate
31.78%
Comprehensive Deduction Rate
34.79%
Total Income
$170,000.00
Total Deductions
$61,323.76
Net Pay
$108,676.24
Average Tax Rate
33.07%
Comprehensive Deduction Rate
36.07%
Total Income
$170,000.00
Total Deductions
$62,617.25
Net Pay
$107,382.75
Average Tax Rate
33.83%
Comprehensive Deduction Rate
36.83%
Total Income
$170,000.00
Total Deductions
$62,927.27
Net Pay
$107,072.73
Average Tax Rate
33.69%
Comprehensive Deduction Rate
37.02%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $170,000.00 | $47,559.33 | $122,440.67 | 24.97% | 27.98% |
| Yukon | $170,000.00 | $50,490.32 | $119,509.68 | 26.7% | 29.7% |
| Northwest Territories | $170,000.00 | $51,461.40 | $118,538.60 | 27.27% | 30.27% |
| Alberta | $170,000.00 | $51,718.36 | $118,281.64 | 27.42% | 30.42% |
| British Columbia | $170,000.00 | $51,903.26 | $118,096.74 | 27.53% | 30.53% |
| Saskatchewan | $170,000.00 | $55,142.03 | $114,857.97 | 29.43% | 32.44% |
| Ontario | $170,000.00 | $56,062.07 | $113,937.93 | 29.97% | 32.98% |
| New Brunswick | $170,000.00 | $58,176.43 | $111,823.57 | 31.22% | 34.22% |
| Manitoba | $170,000.00 | $58,745.00 | $111,255.00 | 31.55% | 34.56% |
| Newfoundland and Labrador | $170,000.00 | $59,135.57 | $110,864.43 | 31.78% | 34.79% |
| Prince Edward Island | $170,000.00 | $61,323.76 | $108,676.24 | 33.07% | 36.07% |
| Nova Scotia | $170,000.00 | $62,617.25 | $107,382.75 | 33.83% | 36.83% |
| Quebec | $170,000.00 | $62,927.27 | $107,072.73 | 33.69% | 37.02% |
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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