2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$38,005.50
Salary
$38,005.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$7,029.94
Federal Tax
$2,768.05
Provincial Tax
$1,577.92
CPP Contributions
$2,053.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$630.89
Net Pay
$30,975.56
Marginal Tax Rate
24.65%
Average Tax Rate
11.44%
Comprehensive Deduction Rate
18.5%
Monthly Salary
Total Income
$3,167.13
Salary
$3,167.13
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$585.83
Federal Tax
$230.67
Provincial Tax
$131.49
CPP Contributions
$171.09
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$52.57
Net Pay
$2,581.30
Marginal Tax Rate
24.65%
Average Tax Rate
11.44%
Comprehensive Deduction Rate
18.5%
Biweekly Salary
Total Income
$1,461.75
Salary
$1,461.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$270.38
Federal Tax
$106.46
Provincial Tax
$60.69
CPP Contributions
$78.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$24.27
Net Pay
$1,191.37
Marginal Tax Rate
24.65%
Average Tax Rate
11.44%
Comprehensive Deduction Rate
18.5%
Weekly Salary
Total Income
$730.88
Salary
$730.88
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$135.19
Federal Tax
$53.23
Provincial Tax
$30.34
CPP Contributions
$39.48
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$12.13
Net Pay
$595.68
Marginal Tax Rate
24.65%
Average Tax Rate
11.44%
Comprehensive Deduction Rate
18.5%
Daily Salary
Total Income
$146.18
Salary
$146.18
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$27.04
Federal Tax
$10.65
Provincial Tax
$6.07
CPP Contributions
$7.90
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.43
Net Pay
$119.14
Marginal Tax Rate
24.65%
Average Tax Rate
11.44%
Comprehensive Deduction Rate
18.5%
Hourly Salary
Total Income
$19.49
Salary
$19.49
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3.61
Federal Tax
$1.42
Provincial Tax
$0.81
CPP Contributions
$1.05
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.32
Net Pay
$15.88
Marginal Tax Rate
24.65%
Average Tax Rate
11.44%
Comprehensive Deduction Rate
18.5%
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 hourly wages
Annual Income Tax by Province/Territory
Total Income
$38,005.50
Total Deductions
$6,114.20
Net Pay
$31,891.30
Average Tax Rate
9.03%
Comprehensive Deduction Rate
16.09%
Total Income
$38,005.50
Total Deductions
$6,510.98
Net Pay
$31,494.52
Average Tax Rate
10.07%
Comprehensive Deduction Rate
17.13%
Total Income
$38,005.50
Total Deductions
$6,542.30
Net Pay
$31,463.20
Average Tax Rate
10.15%
Comprehensive Deduction Rate
17.21%
Total Income
$38,005.50
Total Deductions
$6,615.77
Net Pay
$31,389.73
Average Tax Rate
10.35%
Comprehensive Deduction Rate
17.41%
Total Income
$38,005.50
Total Deductions
$6,795.67
Net Pay
$31,209.83
Average Tax Rate
10.82%
Comprehensive Deduction Rate
17.88%
Total Income
$38,005.50
Total Deductions
$7,029.94
Net Pay
$30,975.56
Average Tax Rate
11.44%
Comprehensive Deduction Rate
18.5%
Total Income
$38,005.50
Total Deductions
$7,219.22
Net Pay
$30,786.28
Average Tax Rate
11.93%
Comprehensive Deduction Rate
19%
Total Income
$38,005.50
Total Deductions
$7,546.11
Net Pay
$30,459.39
Average Tax Rate
12.79%
Comprehensive Deduction Rate
19.86%
Total Income
$38,005.50
Total Deductions
$7,562.50
Net Pay
$30,443.00
Average Tax Rate
12.84%
Comprehensive Deduction Rate
19.9%
Total Income
$38,005.50
Total Deductions
$7,583.82
Net Pay
$30,421.68
Average Tax Rate
12.89%
Comprehensive Deduction Rate
19.95%
Total Income
$38,005.50
Total Deductions
$7,604.47
Net Pay
$30,401.03
Average Tax Rate
12.38%
Comprehensive Deduction Rate
20.01%
Total Income
$38,005.50
Total Deductions
$7,746.14
Net Pay
$30,259.36
Average Tax Rate
13.32%
Comprehensive Deduction Rate
20.38%
Total Income
$38,005.50
Total Deductions
$8,134.33
Net Pay
$29,871.17
Average Tax Rate
14.34%
Comprehensive Deduction Rate
21.4%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $38,005.50 | $6,114.20 | $31,891.30 | 9.03% | 16.09% |
| Northwest Territories | $38,005.50 | $6,510.98 | $31,494.52 | 10.07% | 17.13% |
| British Columbia | $38,005.50 | $6,542.30 | $31,463.20 | 10.15% | 17.21% |
| Yukon | $38,005.50 | $6,615.77 | $31,389.73 | 10.35% | 17.41% |
| Alberta | $38,005.50 | $6,795.67 | $31,209.83 | 10.82% | 17.88% |
| Ontario | $38,005.50 | $7,029.94 | $30,975.56 | 11.44% | 18.5% |
| Saskatchewan | $38,005.50 | $7,219.22 | $30,786.28 | 11.93% | 19% |
| New Brunswick | $38,005.50 | $7,546.11 | $30,459.39 | 12.79% | 19.86% |
| Manitoba | $38,005.50 | $7,562.50 | $30,443.00 | 12.84% | 19.9% |
| Newfoundland and Labrador | $38,005.50 | $7,583.82 | $30,421.68 | 12.89% | 19.95% |
| Quebec | $38,005.50 | $7,604.47 | $30,401.03 | 12.38% | 20.01% |
| Prince Edward Island | $38,005.50 | $7,746.14 | $30,259.36 | 13.32% | 20.38% |
| Nova Scotia | $38,005.50 | $8,134.33 | $29,871.17 | 14.34% | 21.4% |
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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