2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$215,000.00
Salary
$215,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$77,702.39
Federal Tax
$44,766.49
Provincial Tax
$27,831.28
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$137,297.61
Marginal Tax Rate
47.97%
Average Tax Rate
33.77%
Comprehensive Deduction Rate
36.14%
Monthly Salary
Total Income
$17,916.67
Salary
$17,916.67
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$6,475.20
Federal Tax
$3,730.54
Provincial Tax
$2,319.27
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$11,441.47
Marginal Tax Rate
47.97%
Average Tax Rate
33.77%
Comprehensive Deduction Rate
36.14%
Biweekly Salary
Total Income
$8,269.23
Salary
$8,269.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,988.55
Federal Tax
$1,721.79
Provincial Tax
$1,070.43
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$5,280.68
Marginal Tax Rate
47.97%
Average Tax Rate
33.77%
Comprehensive Deduction Rate
36.14%
Weekly Salary
Total Income
$4,134.62
Salary
$4,134.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,494.28
Federal Tax
$860.89
Provincial Tax
$535.22
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$2,640.34
Marginal Tax Rate
47.97%
Average Tax Rate
33.77%
Comprehensive Deduction Rate
36.14%
Daily Salary
Total Income
$826.92
Salary
$826.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$298.86
Federal Tax
$172.18
Provincial Tax
$107.04
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$528.07
Marginal Tax Rate
47.97%
Average Tax Rate
33.77%
Comprehensive Deduction Rate
36.14%
Hourly Salary
Total Income
$110.26
Salary
$110.26
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$39.85
Federal Tax
$22.96
Provincial Tax
$14.27
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$70.41
Marginal Tax Rate
47.97%
Average Tax Rate
33.77%
Comprehensive Deduction Rate
36.14%
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 annual salaries
Annual Income Tax by Province/Territory
Total Income
$215,000.00
Total Deductions
$65,608.33
Net Pay
$149,391.67
Average Tax Rate
28.14%
Comprehensive Deduction Rate
30.52%
Total Income
$215,000.00
Total Deductions
$69,143.32
Net Pay
$145,856.68
Average Tax Rate
29.79%
Comprehensive Deduction Rate
32.16%
Total Income
$215,000.00
Total Deductions
$70,442.36
Net Pay
$144,557.64
Average Tax Rate
30.39%
Comprehensive Deduction Rate
32.76%
Total Income
$215,000.00
Total Deductions
$70,737.90
Net Pay
$144,262.10
Average Tax Rate
30.53%
Comprehensive Deduction Rate
32.9%
Total Income
$215,000.00
Total Deductions
$72,181.26
Net Pay
$142,818.74
Average Tax Rate
31.2%
Comprehensive Deduction Rate
33.57%
Total Income
$215,000.00
Total Deductions
$74,621.03
Net Pay
$140,378.97
Average Tax Rate
32.33%
Comprehensive Deduction Rate
34.71%
Total Income
$215,000.00
Total Deductions
$77,702.39
Net Pay
$137,297.61
Average Tax Rate
33.77%
Comprehensive Deduction Rate
36.14%
Total Income
$215,000.00
Total Deductions
$79,377.43
Net Pay
$135,622.57
Average Tax Rate
34.55%
Comprehensive Deduction Rate
36.92%
Total Income
$215,000.00
Total Deductions
$79,529.00
Net Pay
$135,471.00
Average Tax Rate
34.62%
Comprehensive Deduction Rate
36.99%
Total Income
$215,000.00
Total Deductions
$80,099.57
Net Pay
$134,900.43
Average Tax Rate
34.88%
Comprehensive Deduction Rate
37.26%
Total Income
$215,000.00
Total Deductions
$82,715.26
Net Pay
$132,284.74
Average Tax Rate
36.1%
Comprehensive Deduction Rate
38.47%
Total Income
$215,000.00
Total Deductions
$85,021.25
Net Pay
$129,978.75
Average Tax Rate
37.17%
Comprehensive Deduction Rate
39.54%
Total Income
$215,000.00
Total Deductions
$85,331.36
Net Pay
$129,668.64
Average Tax Rate
37.06%
Comprehensive Deduction Rate
39.69%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $215,000.00 | $65,608.33 | $149,391.67 | 28.14% | 30.52% |
| Yukon | $215,000.00 | $69,143.32 | $145,856.68 | 29.79% | 32.16% |
| Alberta | $215,000.00 | $70,442.36 | $144,557.64 | 30.39% | 32.76% |
| Northwest Territories | $215,000.00 | $70,737.90 | $144,262.10 | 30.53% | 32.9% |
| British Columbia | $215,000.00 | $72,181.26 | $142,818.74 | 31.2% | 33.57% |
| Saskatchewan | $215,000.00 | $74,621.03 | $140,378.97 | 32.33% | 34.71% |
| Ontario | $215,000.00 | $77,702.39 | $137,297.61 | 33.77% | 36.14% |
| New Brunswick | $215,000.00 | $79,377.43 | $135,622.57 | 34.55% | 36.92% |
| Manitoba | $215,000.00 | $79,529.00 | $135,471.00 | 34.62% | 36.99% |
| Newfoundland and Labrador | $215,000.00 | $80,099.57 | $134,900.43 | 34.88% | 37.26% |
| Prince Edward Island | $215,000.00 | $82,715.26 | $132,284.74 | 36.1% | 38.47% |
| Nova Scotia | $215,000.00 | $85,021.25 | $129,978.75 | 37.17% | 39.54% |
| Quebec | $215,000.00 | $85,331.36 | $129,668.64 | 37.06% | 39.69% |
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.