Job Title or Location

2024 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Yearly Salary
Total Income $52,999.96
Salary $52,999.96
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $11,209.90
Federal Tax $4,863.67
Provincial Tax $2,521.18
CPP Contributions $2,945.25
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $879.80

Net Pay $41,790.06

Marginal Tax Rate 22.74%
Average Tax Rate 13.93%
Comprehensive Deduction Rate 21.15%
Monthly Salary
Total Income $4,416.66
Salary $4,416.66
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $934.16
Federal Tax $405.31
Provincial Tax $210.10
CPP Contributions $245.44
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $73.32

Net Pay $3,482.51

Marginal Tax Rate 22.74%
Average Tax Rate 13.93%
Comprehensive Deduction Rate 21.15%
Biweekly Salary
Total Income $2,038.46
Salary $2,038.46
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $431.15
Federal Tax $187.06
Provincial Tax $96.97
CPP Contributions $113.28
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $33.84

Net Pay $1,607.31

Marginal Tax Rate 22.74%
Average Tax Rate 13.93%
Comprehensive Deduction Rate 21.15%
Weekly Salary
Total Income $1,019.23
Salary $1,019.23
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $215.58
Federal Tax $93.53
Provincial Tax $48.48
CPP Contributions $56.64
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $16.92

Net Pay $803.66

Marginal Tax Rate 22.74%
Average Tax Rate 13.93%
Comprehensive Deduction Rate 21.15%
Daily Salary
Total Income $203.85
Salary $203.85
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $43.12
Federal Tax $18.71
Provincial Tax $9.70
CPP Contributions $11.33
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $3.38

Net Pay $160.73

Marginal Tax Rate 22.74%
Average Tax Rate 13.93%
Comprehensive Deduction Rate 21.15%
Hourly Salary
Total Income $27.18
Salary $27.18
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $5.75
Federal Tax $2.49
Provincial Tax $1.29
CPP Contributions $1.51
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $0.45

Net Pay $21.43

Marginal Tax Rate 22.74%
Average Tax Rate 13.93%
Comprehensive Deduction Rate 21.15%

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 $52,999.96
Total Deductions $9,905.04
Net Pay $43,094.92
Average Tax Rate 11.47%
Comprehensive Deduction Rate 18.69%
Total Income $52,999.96
Total Deductions $10,630.03
Net Pay $42,369.93
Average Tax Rate 12.84%
Comprehensive Deduction Rate 20.06%
Total Income $52,999.96
Total Deductions $10,673.62
Net Pay $42,326.34
Average Tax Rate 12.92%
Comprehensive Deduction Rate 20.14%
Total Income $52,999.96
Total Deductions $10,739.09
Net Pay $42,260.87
Average Tax Rate 13.05%
Comprehensive Deduction Rate 20.26%
Total Income $52,999.96
Total Deductions $11,209.90
Net Pay $41,790.06
Average Tax Rate 13.93%
Comprehensive Deduction Rate 21.15%
Total Income $52,999.96
Total Deductions $11,417.71
Net Pay $41,582.25
Average Tax Rate 14.33%
Comprehensive Deduction Rate 21.54%
Total Income $52,999.96
Total Deductions $11,929.53
Net Pay $41,070.43
Average Tax Rate 15.29%
Comprehensive Deduction Rate 22.51%
Total Income $52,999.96
Total Deductions $12,225.02
Net Pay $40,774.94
Average Tax Rate 15.85%
Comprehensive Deduction Rate 23.07%
Total Income $52,999.96
Total Deductions $12,411.86
Net Pay $40,588.10
Average Tax Rate 16.2%
Comprehensive Deduction Rate 23.42%
Total Income $52,999.96
Total Deductions $12,594.76
Net Pay $40,405.20
Average Tax Rate 16.55%
Comprehensive Deduction Rate 23.76%
Total Income $52,999.96
Total Deductions $12,666.07
Net Pay $40,333.89
Average Tax Rate 16.11%
Comprehensive Deduction Rate 23.9%
Total Income $52,999.96
Total Deductions $12,914.76
Net Pay $40,085.20
Average Tax Rate 17.15%
Comprehensive Deduction Rate 24.37%
Total Income $52,999.96
Total Deductions $13,591.48
Net Pay $39,408.48
Average Tax Rate 18.43%
Comprehensive Deduction Rate 25.64%
Region Total Income Total Deductions Net Pay Average Tax Rate Comprehensive Deduction Rate
Nunavut $52,999.96 $9,905.04 $43,094.92 11.47% 18.69%
Northwest Territories $52,999.96 $10,630.03 $42,369.93 12.84% 20.06%
British Columbia $52,999.96 $10,673.62 $42,326.34 12.92% 20.14%
Yukon $52,999.96 $10,739.09 $42,260.87 13.05% 20.26%
Ontario $52,999.96 $11,209.90 $41,790.06 13.93% 21.15%
Alberta $52,999.96 $11,417.71 $41,582.25 14.33% 21.54%
Saskatchewan $52,999.96 $11,929.53 $41,070.43 15.29% 22.51%
New Brunswick $52,999.96 $12,225.02 $40,774.94 15.85% 23.07%
Manitoba $52,999.96 $12,411.86 $40,588.10 16.2% 23.42%
Newfoundland and Labrador $52,999.96 $12,594.76 $40,405.20 16.55% 23.76%
Quebec $52,999.96 $12,666.07 $40,333.89 16.11% 23.9%
Prince Edward Island $52,999.96 $12,914.76 $40,085.20 17.15% 24.37%
Nova Scotia $52,999.96 $13,591.48 $39,408.48 18.43% 25.64%
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.