2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$24,600.12
Salary
$24,600.12
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,326.63
Federal Tax
$894.52
Provincial Tax
$768.29
CPP Contributions
$1,255.46
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$408.36
Net Pay
$21,273.49
Marginal Tax Rate
29.3%
Average Tax Rate
6.76%
Comprehensive Deduction Rate
13.52%
Monthly Salary
Total Income
$2,050.01
Salary
$2,050.01
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$277.22
Federal Tax
$74.54
Provincial Tax
$64.02
CPP Contributions
$104.62
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$34.03
Net Pay
$1,772.79
Marginal Tax Rate
29.3%
Average Tax Rate
6.76%
Comprehensive Deduction Rate
13.52%
Biweekly Salary
Total Income
$946.16
Salary
$946.16
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$127.95
Federal Tax
$34.40
Provincial Tax
$29.55
CPP Contributions
$48.29
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$15.71
Net Pay
$818.21
Marginal Tax Rate
29.3%
Average Tax Rate
6.76%
Comprehensive Deduction Rate
13.52%
Weekly Salary
Total Income
$473.08
Salary
$473.08
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$63.97
Federal Tax
$17.20
Provincial Tax
$14.77
CPP Contributions
$24.14
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$7.85
Net Pay
$409.11
Marginal Tax Rate
29.3%
Average Tax Rate
6.76%
Comprehensive Deduction Rate
13.52%
Daily Salary
Total Income
$94.62
Salary
$94.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$12.79
Federal Tax
$3.44
Provincial Tax
$2.95
CPP Contributions
$4.83
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.57
Net Pay
$81.82
Marginal Tax Rate
29.3%
Average Tax Rate
6.76%
Comprehensive Deduction Rate
13.52%
Hourly Salary
Total Income
$12.62
Salary
$12.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1.71
Federal Tax
$0.46
Provincial Tax
$0.39
CPP Contributions
$0.64
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.21
Net Pay
$10.91
Marginal Tax Rate
29.3%
Average Tax Rate
6.76%
Comprehensive Deduction Rate
13.52%
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
$24,600.12
Total Deductions
$2,558.34
Net Pay
$22,041.78
Average Tax Rate
3.64%
Comprehensive Deduction Rate
10.4%
Total Income
$24,600.12
Total Deductions
$2,663.47
Net Pay
$21,936.65
Average Tax Rate
4.06%
Comprehensive Deduction Rate
10.83%
Total Income
$24,600.12
Total Deductions
$2,725.11
Net Pay
$21,875.01
Average Tax Rate
4.31%
Comprehensive Deduction Rate
11.08%
Total Income
$24,600.12
Total Deductions
$2,886.57
Net Pay
$21,713.55
Average Tax Rate
4.97%
Comprehensive Deduction Rate
11.73%
Total Income
$24,600.12
Total Deductions
$2,929.44
Net Pay
$21,670.68
Average Tax Rate
5.14%
Comprehensive Deduction Rate
11.91%
Total Income
$24,600.12
Total Deductions
$3,025.09
Net Pay
$21,575.03
Average Tax Rate
5.53%
Comprehensive Deduction Rate
12.3%
Total Income
$24,600.12
Total Deductions
$3,079.27
Net Pay
$21,520.85
Average Tax Rate
5.21%
Comprehensive Deduction Rate
12.52%
Total Income
$24,600.12
Total Deductions
$3,326.63
Net Pay
$21,273.49
Average Tax Rate
6.76%
Comprehensive Deduction Rate
13.52%
Total Income
$24,600.12
Total Deductions
$3,331.22
Net Pay
$21,268.90
Average Tax Rate
6.78%
Comprehensive Deduction Rate
13.54%
Total Income
$24,600.12
Total Deductions
$3,446.20
Net Pay
$21,153.92
Average Tax Rate
7.25%
Comprehensive Deduction Rate
14.01%
Total Income
$24,600.12
Total Deductions
$3,488.21
Net Pay
$21,111.91
Average Tax Rate
7.42%
Comprehensive Deduction Rate
14.18%
Total Income
$24,600.12
Total Deductions
$3,565.26
Net Pay
$21,034.86
Average Tax Rate
7.73%
Comprehensive Deduction Rate
14.49%
Total Income
$24,600.12
Total Deductions
$3,612.63
Net Pay
$20,987.49
Average Tax Rate
7.92%
Comprehensive Deduction Rate
14.69%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| British Columbia | $24,600.12 | $2,558.34 | $22,041.78 | 3.64% | 10.4% |
| Alberta | $24,600.12 | $2,663.47 | $21,936.65 | 4.06% | 10.83% |
| Nunavut | $24,600.12 | $2,725.11 | $21,875.01 | 4.31% | 11.08% |
| Northwest Territories | $24,600.12 | $2,886.57 | $21,713.55 | 4.97% | 11.73% |
| Yukon | $24,600.12 | $2,929.44 | $21,670.68 | 5.14% | 11.91% |
| Saskatchewan | $24,600.12 | $3,025.09 | $21,575.03 | 5.53% | 12.3% |
| Quebec | $24,600.12 | $3,079.27 | $21,520.85 | 5.21% | 12.52% |
| Ontario | $24,600.12 | $3,326.63 | $21,273.49 | 6.76% | 13.52% |
| Manitoba | $24,600.12 | $3,331.22 | $21,268.90 | 6.78% | 13.54% |
| Prince Edward Island | $24,600.12 | $3,446.20 | $21,153.92 | 7.25% | 14.01% |
| New Brunswick | $24,600.12 | $3,488.21 | $21,111.91 | 7.42% | 14.18% |
| Nova Scotia | $24,600.12 | $3,565.26 | $21,034.86 | 7.73% | 14.49% |
| Newfoundland and Labrador | $24,600.12 | $3,612.63 | $20,987.49 | 7.92% | 14.69% |
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.
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