2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$180,000.00
Salary
$180,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$60,763.03
Federal Tax
$34,616.49
Provincial Tax
$21,041.92
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$119,236.97
Marginal Tax Rate
47.97%
Average Tax Rate
30.92%
Comprehensive Deduction Rate
33.76%
Monthly Salary
Total Income
$15,000.00
Salary
$15,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$5,063.59
Federal Tax
$2,884.71
Provincial Tax
$1,753.49
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$9,936.41
Marginal Tax Rate
47.97%
Average Tax Rate
30.92%
Comprehensive Deduction Rate
33.76%
Biweekly Salary
Total Income
$6,923.08
Salary
$6,923.08
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,337.04
Federal Tax
$1,331.40
Provincial Tax
$809.30
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$4,586.04
Marginal Tax Rate
47.97%
Average Tax Rate
30.92%
Comprehensive Deduction Rate
33.76%
Weekly Salary
Total Income
$3,461.54
Salary
$3,461.54
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,168.52
Federal Tax
$665.70
Provincial Tax
$404.65
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$2,293.02
Marginal Tax Rate
47.97%
Average Tax Rate
30.92%
Comprehensive Deduction Rate
33.76%
Daily Salary
Total Income
$692.31
Salary
$692.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$233.70
Federal Tax
$133.14
Provincial Tax
$80.93
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$458.60
Marginal Tax Rate
47.97%
Average Tax Rate
30.92%
Comprehensive Deduction Rate
33.76%
Hourly Salary
Total Income
$92.31
Salary
$92.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$31.16
Federal Tax
$17.75
Provincial Tax
$10.79
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$61.15
Marginal Tax Rate
47.97%
Average Tax Rate
30.92%
Comprehensive Deduction Rate
33.76%
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
$180,000.00
Total Deductions
$51,433.33
Net Pay
$128,566.67
Average Tax Rate
25.74%
Comprehensive Deduction Rate
28.57%
Total Income
$180,000.00
Total Deductions
$54,513.32
Net Pay
$125,486.68
Average Tax Rate
27.45%
Comprehensive Deduction Rate
30.29%
Total Income
$180,000.00
Total Deductions
$55,670.40
Net Pay
$124,329.60
Average Tax Rate
28.09%
Comprehensive Deduction Rate
30.93%
Total Income
$180,000.00
Total Deductions
$55,742.36
Net Pay
$124,257.64
Average Tax Rate
28.13%
Comprehensive Deduction Rate
30.97%
Total Income
$180,000.00
Total Deductions
$56,177.26
Net Pay
$123,822.74
Average Tax Rate
28.37%
Comprehensive Deduction Rate
31.21%
Total Income
$180,000.00
Total Deductions
$59,396.03
Net Pay
$120,603.97
Average Tax Rate
30.16%
Comprehensive Deduction Rate
33%
Total Income
$180,000.00
Total Deductions
$60,763.03
Net Pay
$119,236.97
Average Tax Rate
30.92%
Comprehensive Deduction Rate
33.76%
Total Income
$180,000.00
Total Deductions
$62,580.43
Net Pay
$117,419.57
Average Tax Rate
31.93%
Comprehensive Deduction Rate
34.77%
Total Income
$180,000.00
Total Deductions
$63,289.00
Net Pay
$116,711.00
Average Tax Rate
32.32%
Comprehensive Deduction Rate
35.16%
Total Income
$180,000.00
Total Deductions
$63,719.57
Net Pay
$116,280.43
Average Tax Rate
32.56%
Comprehensive Deduction Rate
35.4%
Total Income
$180,000.00
Total Deductions
$66,002.76
Net Pay
$113,997.24
Average Tax Rate
33.83%
Comprehensive Deduction Rate
36.67%
Total Income
$180,000.00
Total Deductions
$67,521.25
Net Pay
$112,478.75
Average Tax Rate
34.68%
Comprehensive Deduction Rate
37.51%
Total Income
$180,000.00
Total Deductions
$67,843.61
Net Pay
$112,156.39
Average Tax Rate
34.55%
Comprehensive Deduction Rate
37.69%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $180,000.00 | $51,433.33 | $128,566.67 | 25.74% | 28.57% |
| Yukon | $180,000.00 | $54,513.32 | $125,486.68 | 27.45% | 30.29% |
| Northwest Territories | $180,000.00 | $55,670.40 | $124,329.60 | 28.09% | 30.93% |
| Alberta | $180,000.00 | $55,742.36 | $124,257.64 | 28.13% | 30.97% |
| British Columbia | $180,000.00 | $56,177.26 | $123,822.74 | 28.37% | 31.21% |
| Saskatchewan | $180,000.00 | $59,396.03 | $120,603.97 | 30.16% | 33% |
| Ontario | $180,000.00 | $60,763.03 | $119,236.97 | 30.92% | 33.76% |
| New Brunswick | $180,000.00 | $62,580.43 | $117,419.57 | 31.93% | 34.77% |
| Manitoba | $180,000.00 | $63,289.00 | $116,711.00 | 32.32% | 35.16% |
| Newfoundland and Labrador | $180,000.00 | $63,719.57 | $116,280.43 | 32.56% | 35.4% |
| Prince Edward Island | $180,000.00 | $66,002.76 | $113,997.24 | 33.83% | 36.67% |
| Nova Scotia | $180,000.00 | $67,521.25 | $112,478.75 | 34.68% | 37.51% |
| Quebec | $180,000.00 | $67,843.61 | $112,156.39 | 34.55% | 37.69% |
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.