2024 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Province/Territory

Tax Year

Salary

Rate

Work Hours per Day

Bonus

Commission

Pension Income

Taxable Benefit

RRSP

Your Results

Yearly Salary

Total Income $27,787.56

Salary $27,787.56

Total Deductions $4,227.23

Federal Tax $1,340.00

Provincial Tax $980.85

CPP Contributions $1,445.11

EI Premiums $461.27

Net Pay $23,560.33

Marginal Tax Rate 18.63%

Average Tax Rate 8.35%

Comprehensive Deduction Rate 15.21%

$27,787.56 a year is how much per hour?
What is the minimum wage in Ontario in 2024?

Monthly Salary

Total Income $2,315.63

Salary $2,315.63

Total Deductions $352.27

Federal Tax $111.67

Provincial Tax $81.74

CPP Contributions $120.43

EI Premiums $38.44

Net Pay $1,963.36

Marginal Tax Rate 18.63%

Average Tax Rate 8.35%

Comprehensive Deduction Rate 15.21%

$2,315.63 a month is how much per year?
What is the minimum wage in Ontario in 2024?

Biweekly Salary

Total Income $1,068.75

Salary $1,068.75

Total Deductions $162.59

Federal Tax $51.54

Provincial Tax $37.73

CPP Contributions $55.58

EI Premiums $17.74

Net Pay $906.17

Marginal Tax Rate 18.63%

Average Tax Rate 8.35%

Comprehensive Deduction Rate 15.21%

$1,068.75 per two weeks is how much per year?
What is the minimum wage in Ontario in 2024?

Weekly Salary

Total Income $534.38

Salary $534.38

Total Deductions $81.29

Federal Tax $25.77

Provincial Tax $18.86

CPP Contributions $27.79

EI Premiums $8.87

Net Pay $453.08

Marginal Tax Rate 18.63%

Average Tax Rate 8.35%

Comprehensive Deduction Rate 15.21%

$534.38 a week is how much per year?
What is the minimum wage in Ontario in 2024?

Daily Salary

Total Income $106.88

Salary $106.88

Total Deductions $16.26

Federal Tax $5.15

Provincial Tax $3.77

CPP Contributions $5.56

EI Premiums $1.77

Net Pay $90.62

Marginal Tax Rate 18.63%

Average Tax Rate 8.35%

Comprehensive Deduction Rate 15.21%

$106.88 a day is how much per year?
What is the minimum wage in Ontario in 2024?

Hourly Salary

Total Income $14.25

Salary $14.25

Total Deductions $2.17

Federal Tax $0.69

Provincial Tax $0.50

CPP Contributions $0.74

EI Premiums $0.24

Net Pay $12.08

Marginal Tax Rate 18.63%

Average Tax Rate 8.35%

Comprehensive Deduction Rate 15.21%

$14.25 an hour is how much per year?
What is the minimum wage in Ontario in 2024?

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 monthly salaries

Annual Income Tax by Province/Territory

British Columbia

Total Income $27,787.56

Total Deductions $3,495.22

Net Pay $24,292.34

Average Tax Rate 5.72%

Comprehensive Deduction Rate 12.58%

Nunavut

Total Income $27,787.56

Total Deductions $3,530.94

Net Pay $24,256.62

Average Tax Rate 5.85%

Comprehensive Deduction Rate 12.71%

Alberta

Total Income $27,787.56

Total Deductions $3,646.00

Net Pay $24,141.56

Average Tax Rate 6.26%

Comprehensive Deduction Rate 13.12%

Northwest Territories

Total Income $27,787.56

Total Deductions $3,748.36

Net Pay $24,039.20

Average Tax Rate 6.63%

Comprehensive Deduction Rate 13.49%

Yukon

Total Income $27,787.56

Total Deductions $3,805.94

Net Pay $23,981.62

Average Tax Rate 6.84%

Comprehensive Deduction Rate 13.7%

Saskatchewan

Total Income $27,787.56

Total Deductions $4,022.34

Net Pay $23,765.22

Average Tax Rate 7.61%

Comprehensive Deduction Rate 14.48%

Quebec

Total Income $27,787.56

Total Deductions $4,155.24

Net Pay $23,632.32

Average Tax Rate 7.55%

Comprehensive Deduction Rate 14.95%

Ontario

Total Income $27,787.56

Total Deductions $4,227.23

Net Pay $23,560.33

Average Tax Rate 8.35%

Comprehensive Deduction Rate 15.21%

Manitoba

Total Income $27,787.56

Total Deductions $4,337.31

Net Pay $23,450.25

Average Tax Rate 8.75%

Comprehensive Deduction Rate 15.61%

Prince Edward Island

Total Income $27,787.56

Total Deductions $4,418.05

Net Pay $23,369.51

Average Tax Rate 9.04%

Comprehensive Deduction Rate 15.9%

New Brunswick

Total Income $27,787.56

Total Deductions $4,453.07

Net Pay $23,334.49

Average Tax Rate 9.16%

Comprehensive Deduction Rate 16.03%

Nova Scotia

Total Income $27,787.56

Total Deductions $4,526.86

Net Pay $23,260.70

Average Tax Rate 9.43%

Comprehensive Deduction Rate 16.29%

Newfoundland and Labrador

Total Income $27,787.56

Total Deductions $4,556.87

Net Pay $23,230.69

Average Tax Rate 9.54%

Comprehensive Deduction Rate 16.4%

Region	Total Income	Total Deductions	Net Pay	Average Tax Rate	Comprehensive Deduction Rate
British Columbia	$27,787.56	$3,495.22	$24,292.34	5.72%	12.58%
Nunavut	$27,787.56	$3,530.94	$24,256.62	5.85%	12.71%
Alberta	$27,787.56	$3,646.00	$24,141.56	6.26%	13.12%
Northwest Territories	$27,787.56	$3,748.36	$24,039.20	6.63%	13.49%
Yukon	$27,787.56	$3,805.94	$23,981.62	6.84%	13.7%
Saskatchewan	$27,787.56	$4,022.34	$23,765.22	7.61%	14.48%
Quebec	$27,787.56	$4,155.24	$23,632.32	7.55%	14.95%
Ontario	$27,787.56	$4,227.23	$23,560.33	8.35%	15.21%
Manitoba	$27,787.56	$4,337.31	$23,450.25	8.75%	15.61%
Prince Edward Island	$27,787.56	$4,418.05	$23,369.51	9.04%	15.9%
New Brunswick	$27,787.56	$4,453.07	$23,334.49	9.16%	16.03%
Nova Scotia	$27,787.56	$4,526.86	$23,260.70	9.43%	16.29%
Newfoundland and Labrador	$27,787.56	$4,556.87	$23,230.69	9.54%	16.4%

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.