2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$98,000.24
Salary
$98,000.24
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$25,799.78
Federal Tax
$13,847.54
Provincial Tax
$6,847.62
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$72,200.46
Marginal Tax Rate
31.48%
Average Tax Rate
21.12%
Comprehensive Deduction Rate
26.33%
Monthly Salary
Total Income
$8,166.69
Salary
$8,166.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,149.98
Federal Tax
$1,153.96
Provincial Tax
$570.64
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$6,016.71
Marginal Tax Rate
31.48%
Average Tax Rate
21.12%
Comprehensive Deduction Rate
26.33%
Biweekly Salary
Total Income
$3,769.24
Salary
$3,769.24
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$992.30
Federal Tax
$532.60
Provincial Tax
$263.37
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$2,776.94
Marginal Tax Rate
31.48%
Average Tax Rate
21.12%
Comprehensive Deduction Rate
26.33%
Weekly Salary
Total Income
$1,884.62
Salary
$1,884.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$496.15
Federal Tax
$266.30
Provincial Tax
$131.69
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,388.47
Marginal Tax Rate
31.48%
Average Tax Rate
21.12%
Comprehensive Deduction Rate
26.33%
Daily Salary
Total Income
$376.92
Salary
$376.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$99.23
Federal Tax
$53.26
Provincial Tax
$26.34
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$277.69
Marginal Tax Rate
31.48%
Average Tax Rate
21.12%
Comprehensive Deduction Rate
26.33%
Hourly Salary
Total Income
$50.26
Salary
$50.26
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$13.23
Federal Tax
$7.10
Provincial Tax
$3.51
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$37.03
Marginal Tax Rate
31.48%
Average Tax Rate
21.12%
Comprehensive Deduction Rate
26.33%
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
Total Income
$98,000.24
Total Deductions
$23,285.40
Net Pay
$74,714.84
Average Tax Rate
18.55%
Comprehensive Deduction Rate
23.76%
Total Income
$98,000.24
Total Deductions
$24,430.34
Net Pay
$73,569.90
Average Tax Rate
19.72%
Comprehensive Deduction Rate
24.93%
Total Income
$98,000.24
Total Deductions
$24,726.47
Net Pay
$73,273.77
Average Tax Rate
20.02%
Comprehensive Deduction Rate
25.23%
Total Income
$98,000.24
Total Deductions
$24,937.39
Net Pay
$73,062.85
Average Tax Rate
20.24%
Comprehensive Deduction Rate
25.45%
Total Income
$98,000.24
Total Deductions
$25,799.78
Net Pay
$72,200.46
Average Tax Rate
21.12%
Comprehensive Deduction Rate
26.33%
Total Income
$98,000.24
Total Deductions
$26,118.43
Net Pay
$71,881.81
Average Tax Rate
21.44%
Comprehensive Deduction Rate
26.65%
Total Income
$98,000.24
Total Deductions
$27,752.11
Net Pay
$70,248.13
Average Tax Rate
23.11%
Comprehensive Deduction Rate
28.32%
Total Income
$98,000.24
Total Deductions
$28,345.08
Net Pay
$69,655.16
Average Tax Rate
23.71%
Comprehensive Deduction Rate
28.92%
Total Income
$98,000.24
Total Deductions
$28,729.51
Net Pay
$69,270.73
Average Tax Rate
24.11%
Comprehensive Deduction Rate
29.32%
Total Income
$98,000.24
Total Deductions
$29,478.66
Net Pay
$68,521.58
Average Tax Rate
24.87%
Comprehensive Deduction Rate
30.08%
Total Income
$98,000.24
Total Deductions
$30,236.94
Net Pay
$67,763.30
Average Tax Rate
25.09%
Comprehensive Deduction Rate
30.85%
Total Income
$98,000.24
Total Deductions
$30,267.85
Net Pay
$67,732.39
Average Tax Rate
25.68%
Comprehensive Deduction Rate
30.89%
Total Income
$98,000.24
Total Deductions
$31,352.34
Net Pay
$66,647.90
Average Tax Rate
26.78%
Comprehensive Deduction Rate
31.99%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $98,000.24 | $23,285.40 | $74,714.84 | 18.55% | 23.76% |
| British Columbia | $98,000.24 | $24,430.34 | $73,569.90 | 19.72% | 24.93% |
| Northwest Territories | $98,000.24 | $24,726.47 | $73,273.77 | 20.02% | 25.23% |
| Yukon | $98,000.24 | $24,937.39 | $73,062.85 | 20.24% | 25.45% |
| Ontario | $98,000.24 | $25,799.78 | $72,200.46 | 21.12% | 26.33% |
| Alberta | $98,000.24 | $26,118.43 | $71,881.81 | 21.44% | 26.65% |
| Saskatchewan | $98,000.24 | $27,752.11 | $70,248.13 | 23.11% | 28.32% |
| Manitoba | $98,000.24 | $28,345.08 | $69,655.16 | 23.71% | 28.92% |
| New Brunswick | $98,000.24 | $28,729.51 | $69,270.73 | 24.11% | 29.32% |
| Newfoundland and Labrador | $98,000.24 | $29,478.66 | $68,521.58 | 24.87% | 30.08% |
| Quebec | $98,000.24 | $30,236.94 | $67,763.30 | 25.09% | 30.85% |
| Prince Edward Island | $98,000.24 | $30,267.85 | $67,732.39 | 25.68% | 30.89% |
| Nova Scotia | $98,000.24 | $31,352.34 | $66,647.90 | 26.78% | 31.99% |
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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