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 $61,201.40

Salary $61,201.40

Total Deductions $14,004.91

Federal Tax $6,312.45

Provincial Tax $3,243.29

CPP Contributions $3,433.23

EI Premiums $1,015.94

Net Pay $47,196.49

Marginal Tax Rate 28.58%

Average Tax Rate 15.61%

Comprehensive Deduction Rate 22.88%

$61,201.40 a year is how much per hour?
What is the minimum wage in Ontario in 2025?

Monthly Salary

Total Income $5,100.12

Salary $5,100.12

Total Deductions $1,167.08

Federal Tax $526.04

Provincial Tax $270.27

CPP Contributions $286.10

EI Premiums $84.66

Net Pay $3,933.04

Marginal Tax Rate 28.58%

Average Tax Rate 15.61%

Comprehensive Deduction Rate 22.88%

$5,100.12 a month is how much per year?
What is the minimum wage in Ontario in 2025?

Biweekly Salary

Total Income $2,353.90

Salary $2,353.90

Total Deductions $538.65

Federal Tax $242.79

Provincial Tax $124.74

CPP Contributions $132.05

EI Premiums $39.07

Net Pay $1,815.25

Marginal Tax Rate 28.58%

Average Tax Rate 15.61%

Comprehensive Deduction Rate 22.88%

$2,353.90 per two weeks is how much per year?
What is the minimum wage in Ontario in 2025?

Weekly Salary

Total Income $1,176.95

Salary $1,176.95

Total Deductions $269.33

Federal Tax $121.39

Provincial Tax $62.37

CPP Contributions $66.02

EI Premiums $19.54

Net Pay $907.62

Marginal Tax Rate 28.58%

Average Tax Rate 15.61%

Comprehensive Deduction Rate 22.88%

$1,176.95 a week is how much per year?
What is the minimum wage in Ontario in 2025?

Daily Salary

Total Income $235.39

Salary $235.39

Total Deductions $53.87

Federal Tax $24.28

Provincial Tax $12.47

CPP Contributions $13.20

EI Premiums $3.91

Net Pay $181.52

Marginal Tax Rate 28.58%

Average Tax Rate 15.61%

Comprehensive Deduction Rate 22.88%

$235.39 a day is how much per year?
What is the minimum wage in Ontario in 2025?

Hourly Salary

Total Income $31.39

Salary $31.39

Total Deductions $7.18

Federal Tax $3.24

Provincial Tax $1.66

CPP Contributions $1.76

EI Premiums $0.52

Net Pay $24.20

Marginal Tax Rate 28.58%

Average Tax Rate 15.61%

Comprehensive Deduction Rate 22.88%

$31.39 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 $61,201.40

Total Deductions $12,521.60

Net Pay $48,679.80

Average Tax Rate 13.19%

Comprehensive Deduction Rate 20.46%

British Columbia

Total Income $61,201.40

Total Deductions $13,349.65

Net Pay $47,851.75

Average Tax Rate 14.54%

Comprehensive Deduction Rate 21.81%

Northwest Territories

Total Income $61,201.40

Total Deductions $13,375.16

Net Pay $47,826.24

Average Tax Rate 14.58%

Comprehensive Deduction Rate 21.85%

Yukon

Total Income $61,201.40

Total Deductions $13,439.22

Net Pay $47,762.18

Average Tax Rate 14.69%

Comprehensive Deduction Rate 21.96%

Ontario

Total Income $61,201.40

Total Deductions $14,004.91

Net Pay $47,196.49

Average Tax Rate 15.61%

Comprehensive Deduction Rate 22.88%

Alberta

Total Income $61,201.40

Total Deductions $14,254.66

Net Pay $46,946.74

Average Tax Rate 16.02%

Comprehensive Deduction Rate 23.29%

Saskatchewan

Total Income $61,201.40

Total Deductions $14,968.71

Net Pay $46,232.69

Average Tax Rate 17.19%

Comprehensive Deduction Rate 24.46%

New Brunswick

Total Income $61,201.40

Total Deductions $15,393.40

Net Pay $45,808.00

Average Tax Rate 17.88%

Comprehensive Deduction Rate 25.15%

Manitoba

Total Income $61,201.40

Total Deductions $15,469.88

Net Pay $45,731.52

Average Tax Rate 18.01%

Comprehensive Deduction Rate 25.28%

Newfoundland and Labrador

Total Income $61,201.40

Total Deductions $15,808.07

Net Pay $45,393.33

Average Tax Rate 18.56%

Comprehensive Deduction Rate 25.83%

Prince Edward Island

Total Income $61,201.40

Total Deductions $16,050.54

Net Pay $45,150.86

Average Tax Rate 18.96%

Comprehensive Deduction Rate 26.23%

Quebec

Total Income $61,201.40

Total Deductions $16,119.19

Net Pay $45,082.21

Average Tax Rate 18.49%

Comprehensive Deduction Rate 26.34%

Nova Scotia

Total Income $61,201.40

Total Deductions $16,919.11

Net Pay $44,282.29

Average Tax Rate 20.38%

Comprehensive Deduction Rate 27.64%

Region	Total Income	Total Deductions	Net Pay	Avg. Tax Rate	Comp. Deduction Rate
Nunavut	$61,201.40	$12,521.60	$48,679.80	13.19%	20.46%
British Columbia	$61,201.40	$13,349.65	$47,851.75	14.54%	21.81%
Northwest Territories	$61,201.40	$13,375.16	$47,826.24	14.58%	21.85%
Yukon	$61,201.40	$13,439.22	$47,762.18	14.69%	21.96%
Ontario	$61,201.40	$14,004.91	$47,196.49	15.61%	22.88%
Alberta	$61,201.40	$14,254.66	$46,946.74	16.02%	23.29%
Saskatchewan	$61,201.40	$14,968.71	$46,232.69	17.19%	24.46%
New Brunswick	$61,201.40	$15,393.40	$45,808.00	17.88%	25.15%
Manitoba	$61,201.40	$15,469.88	$45,731.52	18.01%	25.28%
Newfoundland and Labrador	$61,201.40	$15,808.07	$45,393.33	18.56%	25.83%
Prince Edward Island	$61,201.40	$16,050.54	$45,150.86	18.96%	26.23%
Quebec	$61,201.40	$16,119.19	$45,082.21	18.49%	26.34%
Nova Scotia	$61,201.40	$16,919.11	$44,282.29	20.38%	27.64%

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.