2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$63,589.50
Salary
$63,589.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$14,876.23
Federal Tax
$6,793.34
Provincial Tax
$3,458.44
CPP Contributions
$3,575.33
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$48,713.27
Marginal Tax Rate
29.65%
Average Tax Rate
16.12%
Comprehensive Deduction Rate
23.39%
Monthly Salary
Total Income
$5,299.13
Salary
$5,299.13
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,239.69
Federal Tax
$566.11
Provincial Tax
$288.20
CPP Contributions
$297.94
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$4,059.44
Marginal Tax Rate
29.65%
Average Tax Rate
16.12%
Comprehensive Deduction Rate
23.39%
Biweekly Salary
Total Income
$2,445.75
Salary
$2,445.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$572.16
Federal Tax
$261.28
Provincial Tax
$133.02
CPP Contributions
$137.51
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$1,873.59
Marginal Tax Rate
29.65%
Average Tax Rate
16.12%
Comprehensive Deduction Rate
23.39%
Weekly Salary
Total Income
$1,222.88
Salary
$1,222.88
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$286.08
Federal Tax
$130.64
Provincial Tax
$66.51
CPP Contributions
$68.76
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$936.79
Marginal Tax Rate
29.65%
Average Tax Rate
16.12%
Comprehensive Deduction Rate
23.39%
Daily Salary
Total Income
$244.58
Salary
$244.58
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$57.22
Federal Tax
$26.13
Provincial Tax
$13.30
CPP Contributions
$13.75
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$187.36
Marginal Tax Rate
29.65%
Average Tax Rate
16.12%
Comprehensive Deduction Rate
23.39%
Hourly Salary
Total Income
$32.61
Salary
$32.61
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$7.63
Federal Tax
$3.48
Provincial Tax
$1.77
CPP Contributions
$1.83
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$24.98
Marginal Tax Rate
29.65%
Average Tax Rate
16.12%
Comprehensive Deduction Rate
23.39%
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
$63,589.50
Total Deductions
$13,342.28
Net Pay
$50,247.22
Average Tax Rate
13.71%
Comprehensive Deduction Rate
20.98%
Total Income
$63,589.50
Total Deductions
$14,186.33
Net Pay
$49,403.17
Average Tax Rate
15.04%
Comprehensive Deduction Rate
22.31%
Total Income
$63,589.50
Total Deductions
$14,232.78
Net Pay
$49,356.72
Average Tax Rate
15.11%
Comprehensive Deduction Rate
22.38%
Total Income
$63,589.50
Total Deductions
$14,306.06
Net Pay
$49,283.44
Average Tax Rate
15.23%
Comprehensive Deduction Rate
22.5%
Total Income
$63,589.50
Total Deductions
$14,876.23
Net Pay
$48,713.27
Average Tax Rate
16.12%
Comprehensive Deduction Rate
23.39%
Total Income
$63,589.50
Total Deductions
$15,142.99
Net Pay
$48,446.51
Average Tax Rate
16.54%
Comprehensive Deduction Rate
23.81%
Total Income
$63,589.50
Total Deductions
$15,916.40
Net Pay
$47,673.10
Average Tax Rate
17.76%
Comprehensive Deduction Rate
25.03%
Total Income
$63,589.50
Total Deductions
$16,377.64
Net Pay
$47,211.86
Average Tax Rate
18.48%
Comprehensive Deduction Rate
25.76%
Total Income
$63,589.50
Total Deductions
$16,423.34
Net Pay
$47,166.16
Average Tax Rate
18.55%
Comprehensive Deduction Rate
25.83%
Total Income
$63,589.50
Total Deductions
$16,804.73
Net Pay
$46,784.77
Average Tax Rate
19.15%
Comprehensive Deduction Rate
26.43%
Total Income
$63,589.50
Total Deductions
$17,025.69
Net Pay
$46,563.81
Average Tax Rate
19.5%
Comprehensive Deduction Rate
26.77%
Total Income
$63,589.50
Total Deductions
$17,171.25
Net Pay
$46,418.26
Average Tax Rate
19.15%
Comprehensive Deduction Rate
27%
Total Income
$63,589.50
Total Deductions
$17,980.12
Net Pay
$45,609.38
Average Tax Rate
21%
Comprehensive Deduction Rate
28.28%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $63,589.50 | $13,342.28 | $50,247.22 | 13.71% | 20.98% |
| British Columbia | $63,589.50 | $14,186.33 | $49,403.17 | 15.04% | 22.31% |
| Northwest Territories | $63,589.50 | $14,232.78 | $49,356.72 | 15.11% | 22.38% |
| Yukon | $63,589.50 | $14,306.06 | $49,283.44 | 15.23% | 22.5% |
| Ontario | $63,589.50 | $14,876.23 | $48,713.27 | 16.12% | 23.39% |
| Alberta | $63,589.50 | $15,142.99 | $48,446.51 | 16.54% | 23.81% |
| Saskatchewan | $63,589.50 | $15,916.40 | $47,673.10 | 17.76% | 25.03% |
| New Brunswick | $63,589.50 | $16,377.64 | $47,211.86 | 18.48% | 25.76% |
| Manitoba | $63,589.50 | $16,423.34 | $47,166.16 | 18.55% | 25.83% |
| Newfoundland and Labrador | $63,589.50 | $16,804.73 | $46,784.77 | 19.15% | 26.43% |
| Prince Edward Island | $63,589.50 | $17,025.69 | $46,563.81 | 19.5% | 26.77% |
| Quebec | $63,589.50 | $17,171.25 | $46,418.26 | 19.15% | 27% |
| Nova Scotia | $63,589.50 | $17,980.12 | $45,609.38 | 21% | 28.28% |
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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