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 $60,499.40

Salary $60,499.40

Total Deductions $13,750.90

Federal Tax $6,173.98

Provincial Tax $3,181.17

CPP Contributions $3,391.46

EI Premiums $1,004.29

Net Pay $46,748.50

Marginal Tax Rate 28.58%

Average Tax Rate 15.46%

Comprehensive Deduction Rate 22.73%

$60,499.40 a year is how much per hour?
What is the minimum wage in Ontario in 2025?

Monthly Salary

Total Income $5,041.62

Salary $5,041.62

Total Deductions $1,145.91

Federal Tax $514.50

Provincial Tax $265.10

CPP Contributions $282.62

EI Premiums $83.69

Net Pay $3,895.71

Marginal Tax Rate 28.58%

Average Tax Rate 15.46%

Comprehensive Deduction Rate 22.73%

$5,041.62 a month is how much per year?
What is the minimum wage in Ontario in 2025?

Biweekly Salary

Total Income $2,326.90

Salary $2,326.90

Total Deductions $528.88

Federal Tax $237.46

Provincial Tax $122.35

CPP Contributions $130.44

EI Premiums $38.63

Net Pay $1,798.02

Marginal Tax Rate 28.58%

Average Tax Rate 15.46%

Comprehensive Deduction Rate 22.73%

$2,326.90 per two weeks is how much per year?
What is the minimum wage in Ontario in 2025?

Weekly Salary

Total Income $1,163.45

Salary $1,163.45

Total Deductions $264.44

Federal Tax $118.73

Provincial Tax $61.18

CPP Contributions $65.22

EI Premiums $19.31

Net Pay $899.01

Marginal Tax Rate 28.58%

Average Tax Rate 15.46%

Comprehensive Deduction Rate 22.73%

$1,163.45 a week is how much per year?
What is the minimum wage in Ontario in 2025?

Daily Salary

Total Income $232.69

Salary $232.69

Total Deductions $52.89

Federal Tax $23.75

Provincial Tax $12.24

CPP Contributions $13.04

EI Premiums $3.86

Net Pay $179.80

Marginal Tax Rate 28.58%

Average Tax Rate 15.46%

Comprehensive Deduction Rate 22.73%

$232.69 a day is how much per year?
What is the minimum wage in Ontario in 2025?

Hourly Salary

Total Income $31.03

Salary $31.03

Total Deductions $7.05

Federal Tax $3.17

Provincial Tax $1.63

CPP Contributions $1.74

EI Premiums $0.52

Net Pay $23.97

Marginal Tax Rate 28.58%

Average Tax Rate 15.46%

Comprehensive Deduction Rate 22.73%

$31.03 an hour is how much per year?
What is the minimum wage in Ontario in 2025?

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

Nunavut

Total Income $60,499.40

Total Deductions $12,282.24

Net Pay $48,217.16

Average Tax Rate 13.04%

Comprehensive Deduction Rate 20.3%

British Columbia

Total Income $60,499.40

Total Deductions $13,105.81

Net Pay $47,393.59

Average Tax Rate 14.4%

Comprehensive Deduction Rate 21.66%

Northwest Territories

Total Income $60,499.40

Total Deductions $13,125.36

Net Pay $47,374.04

Average Tax Rate 14.43%

Comprehensive Deduction Rate 21.7%

Yukon

Total Income $60,499.40

Total Deductions $13,186.82

Net Pay $47,312.58

Average Tax Rate 14.53%

Comprehensive Deduction Rate 21.8%

Ontario

Total Income $60,499.40

Total Deductions $13,750.90

Net Pay $46,748.50

Average Tax Rate 15.46%

Comprehensive Deduction Rate 22.73%

Alberta

Total Income $60,499.40

Total Deductions $13,996.75

Net Pay $46,502.65

Average Tax Rate 15.87%

Comprehensive Deduction Rate 23.14%

Saskatchewan

Total Income $60,499.40

Total Deductions $14,693.46

Net Pay $45,805.94

Average Tax Rate 17.02%

Comprehensive Deduction Rate 24.29%

New Brunswick

Total Income $60,499.40

Total Deductions $15,107.16

Net Pay $45,392.24

Average Tax Rate 17.7%

Comprehensive Deduction Rate 24.97%

Manitoba

Total Income $60,499.40

Total Deductions $15,192.99

Net Pay $45,306.41

Average Tax Rate 17.85%

Comprehensive Deduction Rate 25.11%

Newfoundland and Labrador

Total Income $60,499.40

Total Deductions $15,518.02

Net Pay $44,981.38

Average Tax Rate 18.38%

Comprehensive Deduction Rate 25.65%

Prince Edward Island

Total Income $60,499.40

Total Deductions $15,767.07

Net Pay $44,732.33

Average Tax Rate 18.8%

Comprehensive Deduction Rate 26.06%

Quebec

Total Income $60,499.40

Total Deductions $15,808.41

Net Pay $44,690.99

Average Tax Rate 18.29%

Comprehensive Deduction Rate 26.13%

Nova Scotia

Total Income $60,499.40

Total Deductions $16,610.16

Net Pay $43,889.24

Average Tax Rate 20.19%

Comprehensive Deduction Rate 27.46%

Region	Total Income	Total Deductions	Net Pay	Avg. Tax Rate	Comp. Deduction Rate
Nunavut	$60,499.40	$12,282.24	$48,217.16	13.04%	20.3%
British Columbia	$60,499.40	$13,105.81	$47,393.59	14.4%	21.66%
Northwest Territories	$60,499.40	$13,125.36	$47,374.04	14.43%	21.7%
Yukon	$60,499.40	$13,186.82	$47,312.58	14.53%	21.8%
Ontario	$60,499.40	$13,750.90	$46,748.50	15.46%	22.73%
Alberta	$60,499.40	$13,996.75	$46,502.65	15.87%	23.14%
Saskatchewan	$60,499.40	$14,693.46	$45,805.94	17.02%	24.29%
New Brunswick	$60,499.40	$15,107.16	$45,392.24	17.7%	24.97%
Manitoba	$60,499.40	$15,192.99	$45,306.41	17.85%	25.11%
Newfoundland and Labrador	$60,499.40	$15,518.02	$44,981.38	18.38%	25.65%
Prince Edward Island	$60,499.40	$15,767.07	$44,732.33	18.8%	26.06%
Quebec	$60,499.40	$15,808.41	$44,690.99	18.29%	26.13%
Nova Scotia	$60,499.40	$16,610.16	$43,889.24	20.19%	27.46%

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.