2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$222,000.00
Salary
$222,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$81,091.46
Federal Tax
$46,796.49
Provincial Tax
$29,190.35
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$140,908.54
Marginal Tax Rate
49.53%
Average Tax Rate
34.23%
Comprehensive Deduction Rate
36.53%
Monthly Salary
Total Income
$18,500.00
Salary
$18,500.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$6,757.62
Federal Tax
$3,899.71
Provincial Tax
$2,432.53
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$11,742.38
Marginal Tax Rate
49.53%
Average Tax Rate
34.23%
Comprehensive Deduction Rate
36.53%
Biweekly Salary
Total Income
$8,538.46
Salary
$8,538.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,118.90
Federal Tax
$1,799.87
Provincial Tax
$1,122.71
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$5,419.56
Marginal Tax Rate
49.53%
Average Tax Rate
34.23%
Comprehensive Deduction Rate
36.53%
Weekly Salary
Total Income
$4,269.23
Salary
$4,269.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,559.45
Federal Tax
$899.93
Provincial Tax
$561.35
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$2,709.78
Marginal Tax Rate
49.53%
Average Tax Rate
34.23%
Comprehensive Deduction Rate
36.53%
Daily Salary
Total Income
$853.85
Salary
$853.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$311.89
Federal Tax
$179.99
Provincial Tax
$112.27
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$541.96
Marginal Tax Rate
49.53%
Average Tax Rate
34.23%
Comprehensive Deduction Rate
36.53%
Hourly Salary
Total Income
$113.85
Salary
$113.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$41.59
Federal Tax
$24.00
Provincial Tax
$14.97
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$72.26
Marginal Tax Rate
49.53%
Average Tax Rate
34.23%
Comprehensive Deduction Rate
36.53%
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
$222,000.00
Total Deductions
$68,443.33
Net Pay
$153,556.67
Average Tax Rate
28.53%
Comprehensive Deduction Rate
30.83%
Total Income
$222,000.00
Total Deductions
$72,069.32
Net Pay
$149,930.68
Average Tax Rate
30.16%
Comprehensive Deduction Rate
32.46%
Total Income
$222,000.00
Total Deductions
$73,382.36
Net Pay
$148,617.64
Average Tax Rate
30.76%
Comprehensive Deduction Rate
33.06%
Total Income
$222,000.00
Total Deductions
$73,751.40
Net Pay
$148,248.60
Average Tax Rate
30.92%
Comprehensive Deduction Rate
33.22%
Total Income
$222,000.00
Total Deductions
$75,387.26
Net Pay
$146,612.74
Average Tax Rate
31.66%
Comprehensive Deduction Rate
33.96%
Total Income
$222,000.00
Total Deductions
$77,666.03
Net Pay
$144,333.97
Average Tax Rate
32.69%
Comprehensive Deduction Rate
34.98%
Total Income
$222,000.00
Total Deductions
$81,091.46
Net Pay
$140,908.54
Average Tax Rate
34.23%
Comprehensive Deduction Rate
36.53%
Total Income
$222,000.00
Total Deductions
$82,772.43
Net Pay
$139,227.57
Average Tax Rate
34.99%
Comprehensive Deduction Rate
37.28%
Total Income
$222,000.00
Total Deductions
$82,777.00
Net Pay
$139,223.00
Average Tax Rate
34.99%
Comprehensive Deduction Rate
37.29%
Total Income
$222,000.00
Total Deductions
$83,496.57
Net Pay
$138,503.43
Average Tax Rate
35.31%
Comprehensive Deduction Rate
37.61%
Total Income
$222,000.00
Total Deductions
$86,057.76
Net Pay
$135,942.24
Average Tax Rate
36.47%
Comprehensive Deduction Rate
38.76%
Total Income
$222,000.00
Total Deductions
$88,521.25
Net Pay
$133,478.75
Average Tax Rate
37.58%
Comprehensive Deduction Rate
39.87%
Total Income
$222,000.00
Total Deductions
$88,828.91
Net Pay
$133,171.09
Average Tax Rate
37.47%
Comprehensive Deduction Rate
40.01%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $222,000.00 | $68,443.33 | $153,556.67 | 28.53% | 30.83% |
| Yukon | $222,000.00 | $72,069.32 | $149,930.68 | 30.16% | 32.46% |
| Alberta | $222,000.00 | $73,382.36 | $148,617.64 | 30.76% | 33.06% |
| Northwest Territories | $222,000.00 | $73,751.40 | $148,248.60 | 30.92% | 33.22% |
| British Columbia | $222,000.00 | $75,387.26 | $146,612.74 | 31.66% | 33.96% |
| Saskatchewan | $222,000.00 | $77,666.03 | $144,333.97 | 32.69% | 34.98% |
| Ontario | $222,000.00 | $81,091.46 | $140,908.54 | 34.23% | 36.53% |
| New Brunswick | $222,000.00 | $82,772.43 | $139,227.57 | 34.99% | 37.28% |
| Manitoba | $222,000.00 | $82,777.00 | $139,223.00 | 34.99% | 37.29% |
| Newfoundland and Labrador | $222,000.00 | $83,496.57 | $138,503.43 | 35.31% | 37.61% |
| Prince Edward Island | $222,000.00 | $86,057.76 | $135,942.24 | 36.47% | 38.76% |
| Nova Scotia | $222,000.00 | $88,521.25 | $133,478.75 | 37.58% | 39.87% |
| Quebec | $222,000.00 | $88,828.91 | $133,171.09 | 37.47% | 40.01% |
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.