2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$39,975.00
Salary
$39,975.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$7,576.64
Federal Tax
$3,043.31
Provincial Tax
$1,699.48
CPP Contributions
$2,170.26
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$663.59
Net Pay
$32,398.36
Marginal Tax Rate
18.64%
Average Tax Rate
11.86%
Comprehensive Deduction Rate
18.95%
Monthly Salary
Total Income
$3,331.25
Salary
$3,331.25
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$631.39
Federal Tax
$253.61
Provincial Tax
$141.62
CPP Contributions
$180.86
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$55.30
Net Pay
$2,699.86
Marginal Tax Rate
18.64%
Average Tax Rate
11.86%
Comprehensive Deduction Rate
18.95%
Biweekly Salary
Total Income
$1,537.50
Salary
$1,537.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$291.41
Federal Tax
$117.05
Provincial Tax
$65.36
CPP Contributions
$83.47
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$25.52
Net Pay
$1,246.09
Marginal Tax Rate
18.64%
Average Tax Rate
11.86%
Comprehensive Deduction Rate
18.95%
Weekly Salary
Total Income
$768.75
Salary
$768.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$145.70
Federal Tax
$58.53
Provincial Tax
$32.68
CPP Contributions
$41.74
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$12.76
Net Pay
$623.05
Marginal Tax Rate
18.64%
Average Tax Rate
11.86%
Comprehensive Deduction Rate
18.95%
Daily Salary
Total Income
$153.75
Salary
$153.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$29.14
Federal Tax
$11.71
Provincial Tax
$6.54
CPP Contributions
$8.35
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.55
Net Pay
$124.61
Marginal Tax Rate
18.64%
Average Tax Rate
11.86%
Comprehensive Deduction Rate
18.95%
Hourly Salary
Total Income
$20.50
Salary
$20.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3.89
Federal Tax
$1.56
Provincial Tax
$0.87
CPP Contributions
$1.11
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.34
Net Pay
$16.61
Marginal Tax Rate
18.64%
Average Tax Rate
11.86%
Comprehensive Deduction Rate
18.95%
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
$39,975.00
Total Deductions
$6,612.13
Net Pay
$33,362.87
Average Tax Rate
9.45%
Comprehensive Deduction Rate
16.54%
Total Income
$39,975.00
Total Deductions
$7,043.48
Net Pay
$32,931.52
Average Tax Rate
10.53%
Comprehensive Deduction Rate
17.62%
Total Income
$39,975.00
Total Deductions
$7,119.96
Net Pay
$32,855.04
Average Tax Rate
10.72%
Comprehensive Deduction Rate
17.81%
Total Income
$39,975.00
Total Deductions
$7,157.36
Net Pay
$32,817.64
Average Tax Rate
10.82%
Comprehensive Deduction Rate
17.9%
Total Income
$39,975.00
Total Deductions
$7,402.77
Net Pay
$32,572.23
Average Tax Rate
11.43%
Comprehensive Deduction Rate
18.52%
Total Income
$39,975.00
Total Deductions
$7,576.64
Net Pay
$32,398.36
Average Tax Rate
11.86%
Comprehensive Deduction Rate
18.95%
Total Income
$39,975.00
Total Deductions
$7,835.43
Net Pay
$32,139.57
Average Tax Rate
12.51%
Comprehensive Deduction Rate
19.6%
Total Income
$39,975.00
Total Deductions
$8,142.29
Net Pay
$31,832.71
Average Tax Rate
13.28%
Comprehensive Deduction Rate
20.37%
Total Income
$39,975.00
Total Deductions
$8,167.28
Net Pay
$31,807.72
Average Tax Rate
13.34%
Comprehensive Deduction Rate
20.43%
Total Income
$39,975.00
Total Deductions
$8,184.16
Net Pay
$31,790.84
Average Tax Rate
13.38%
Comprehensive Deduction Rate
20.47%
Total Income
$39,975.00
Total Deductions
$8,269.30
Net Pay
$31,705.70
Average Tax Rate
13.03%
Comprehensive Deduction Rate
20.69%
Total Income
$39,975.00
Total Deductions
$8,425.03
Net Pay
$31,549.97
Average Tax Rate
13.99%
Comprehensive Deduction Rate
21.08%
Total Income
$39,975.00
Total Deductions
$8,851.12
Net Pay
$31,123.88
Average Tax Rate
15.05%
Comprehensive Deduction Rate
22.14%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $39,975.00 | $6,612.13 | $33,362.87 | 9.45% | 16.54% |
| Northwest Territories | $39,975.00 | $7,043.48 | $32,931.52 | 10.53% | 17.62% |
| British Columbia | $39,975.00 | $7,119.96 | $32,855.04 | 10.72% | 17.81% |
| Yukon | $39,975.00 | $7,157.36 | $32,817.64 | 10.82% | 17.9% |
| Alberta | $39,975.00 | $7,402.77 | $32,572.23 | 11.43% | 18.52% |
| Ontario | $39,975.00 | $7,576.64 | $32,398.36 | 11.86% | 18.95% |
| Saskatchewan | $39,975.00 | $7,835.43 | $32,139.57 | 12.51% | 19.6% |
| New Brunswick | $39,975.00 | $8,142.29 | $31,832.71 | 13.28% | 20.37% |
| Newfoundland and Labrador | $39,975.00 | $8,167.28 | $31,807.72 | 13.34% | 20.43% |
| Manitoba | $39,975.00 | $8,184.16 | $31,790.84 | 13.38% | 20.47% |
| Quebec | $39,975.00 | $8,269.30 | $31,705.70 | 13.03% | 20.69% |
| Prince Edward Island | $39,975.00 | $8,425.03 | $31,549.97 | 13.99% | 21.08% |
| Nova Scotia | $39,975.00 | $8,851.12 | $31,123.88 | 15.05% | 22.14% |
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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