2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$58,799.00
Salary
$58,799.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$13,135.62
Federal Tax
$5,838.58
Provincial Tax
$3,030.69
CPP Contributions
$3,290.29
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$976.06
Net Pay
$45,663.38
Marginal Tax Rate
28.58%
Average Tax Rate
15.08%
Comprehensive Deduction Rate
22.34%
Monthly Salary
Total Income
$4,899.92
Salary
$4,899.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,094.64
Federal Tax
$486.55
Provincial Tax
$252.56
CPP Contributions
$274.19
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$81.34
Net Pay
$3,805.28
Marginal Tax Rate
28.58%
Average Tax Rate
15.08%
Comprehensive Deduction Rate
22.34%
Biweekly Salary
Total Income
$2,261.50
Salary
$2,261.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$505.22
Federal Tax
$224.56
Provincial Tax
$116.57
CPP Contributions
$126.55
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$37.54
Net Pay
$1,756.28
Marginal Tax Rate
28.58%
Average Tax Rate
15.08%
Comprehensive Deduction Rate
22.34%
Weekly Salary
Total Income
$1,130.75
Salary
$1,130.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$252.61
Federal Tax
$112.28
Provincial Tax
$58.28
CPP Contributions
$63.27
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$18.77
Net Pay
$878.14
Marginal Tax Rate
28.58%
Average Tax Rate
15.08%
Comprehensive Deduction Rate
22.34%
Daily Salary
Total Income
$226.15
Salary
$226.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$50.52
Federal Tax
$22.46
Provincial Tax
$11.66
CPP Contributions
$12.65
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.75
Net Pay
$175.63
Marginal Tax Rate
28.58%
Average Tax Rate
15.08%
Comprehensive Deduction Rate
22.34%
Hourly Salary
Total Income
$30.15
Salary
$30.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$6.74
Federal Tax
$2.99
Provincial Tax
$1.55
CPP Contributions
$1.69
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.50
Net Pay
$23.42
Marginal Tax Rate
28.58%
Average Tax Rate
15.08%
Comprehensive Deduction Rate
22.34%
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
$58,799.00
Total Deductions
$11,702.46
Net Pay
$47,096.54
Average Tax Rate
12.65%
Comprehensive Deduction Rate
19.9%
Total Income
$58,799.00
Total Deductions
$12,515.20
Net Pay
$46,283.80
Average Tax Rate
14.03%
Comprehensive Deduction Rate
21.28%
Total Income
$58,799.00
Total Deductions
$12,520.29
Net Pay
$46,278.71
Average Tax Rate
14.04%
Comprehensive Deduction Rate
21.29%
Total Income
$58,799.00
Total Deductions
$12,575.46
Net Pay
$46,223.54
Average Tax Rate
14.13%
Comprehensive Deduction Rate
21.39%
Total Income
$58,799.00
Total Deductions
$13,135.62
Net Pay
$45,663.38
Average Tax Rate
15.08%
Comprehensive Deduction Rate
22.34%
Total Income
$58,799.00
Total Deductions
$13,372.03
Net Pay
$45,426.97
Average Tax Rate
15.49%
Comprehensive Deduction Rate
22.74%
Total Income
$58,799.00
Total Deductions
$14,026.73
Net Pay
$44,772.27
Average Tax Rate
16.6%
Comprehensive Deduction Rate
23.86%
Total Income
$58,799.00
Total Deductions
$14,413.81
Net Pay
$44,385.19
Average Tax Rate
17.26%
Comprehensive Deduction Rate
24.51%
Total Income
$58,799.00
Total Deductions
$14,522.31
Net Pay
$44,276.69
Average Tax Rate
17.44%
Comprehensive Deduction Rate
24.7%
Total Income
$58,799.00
Total Deductions
$14,815.48
Net Pay
$43,983.52
Average Tax Rate
17.94%
Comprehensive Deduction Rate
25.2%
Total Income
$58,799.00
Total Deductions
$15,057.92
Net Pay
$43,741.08
Average Tax Rate
17.78%
Comprehensive Deduction Rate
25.61%
Total Income
$58,799.00
Total Deductions
$15,080.41
Net Pay
$43,718.59
Average Tax Rate
18.39%
Comprehensive Deduction Rate
25.65%
Total Income
$58,799.00
Total Deductions
$15,868.50
Net Pay
$42,930.50
Average Tax Rate
19.73%
Comprehensive Deduction Rate
26.99%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $58,799.00 | $11,702.46 | $47,096.54 | 12.65% | 19.9% |
| British Columbia | $58,799.00 | $12,515.20 | $46,283.80 | 14.03% | 21.28% |
| Northwest Territories | $58,799.00 | $12,520.29 | $46,278.71 | 14.04% | 21.29% |
| Yukon | $58,799.00 | $12,575.46 | $46,223.54 | 14.13% | 21.39% |
| Ontario | $58,799.00 | $13,135.62 | $45,663.38 | 15.08% | 22.34% |
| Alberta | $58,799.00 | $13,372.03 | $45,426.97 | 15.49% | 22.74% |
| Saskatchewan | $58,799.00 | $14,026.73 | $44,772.27 | 16.6% | 23.86% |
| New Brunswick | $58,799.00 | $14,413.81 | $44,385.19 | 17.26% | 24.51% |
| Manitoba | $58,799.00 | $14,522.31 | $44,276.69 | 17.44% | 24.7% |
| Newfoundland and Labrador | $58,799.00 | $14,815.48 | $43,983.52 | 17.94% | 25.2% |
| Quebec | $58,799.00 | $15,057.92 | $43,741.08 | 17.78% | 25.61% |
| Prince Edward Island | $58,799.00 | $15,080.41 | $43,718.59 | 18.39% | 25.65% |
| Nova Scotia | $58,799.00 | $15,868.50 | $42,930.50 | 19.73% | 26.99% |
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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