2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$64,600.12
Salary
$64,600.12
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$15,236.01
Federal Tax
$7,000.52
Provincial Tax
$3,550.91
CPP Contributions
$3,635.46
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$49,364.11
Marginal Tax Rate
29.65%
Average Tax Rate
16.33%
Comprehensive Deduction Rate
23.59%
Monthly Salary
Total Income
$5,383.34
Salary
$5,383.34
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,269.67
Federal Tax
$583.38
Provincial Tax
$295.91
CPP Contributions
$302.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$4,113.68
Marginal Tax Rate
29.65%
Average Tax Rate
16.33%
Comprehensive Deduction Rate
23.59%
Biweekly Salary
Total Income
$2,484.62
Salary
$2,484.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$586.00
Federal Tax
$269.25
Provincial Tax
$136.57
CPP Contributions
$139.83
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$1,898.62
Marginal Tax Rate
29.65%
Average Tax Rate
16.33%
Comprehensive Deduction Rate
23.59%
Weekly Salary
Total Income
$1,242.31
Salary
$1,242.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$293.00
Federal Tax
$134.63
Provincial Tax
$68.29
CPP Contributions
$69.91
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$949.31
Marginal Tax Rate
29.65%
Average Tax Rate
16.33%
Comprehensive Deduction Rate
23.59%
Daily Salary
Total Income
$248.46
Salary
$248.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$58.60
Federal Tax
$26.93
Provincial Tax
$13.66
CPP Contributions
$13.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$189.86
Marginal Tax Rate
29.65%
Average Tax Rate
16.33%
Comprehensive Deduction Rate
23.59%
Hourly Salary
Total Income
$33.13
Salary
$33.13
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$7.81
Federal Tax
$3.59
Provincial Tax
$1.82
CPP Contributions
$1.86
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$25.31
Marginal Tax Rate
29.65%
Average Tax Rate
16.33%
Comprehensive Deduction Rate
23.59%
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
$64,600.12
Total Deductions
$13,680.33
Net Pay
$50,919.79
Average Tax Rate
13.93%
Comprehensive Deduction Rate
21.18%
Total Income
$64,600.12
Total Deductions
$14,531.46
Net Pay
$50,068.66
Average Tax Rate
15.24%
Comprehensive Deduction Rate
22.49%
Total Income
$64,600.12
Total Deductions
$14,587.00
Net Pay
$50,013.12
Average Tax Rate
15.33%
Comprehensive Deduction Rate
22.58%
Total Income
$64,600.12
Total Deductions
$14,664.32
Net Pay
$49,935.80
Average Tax Rate
15.45%
Comprehensive Deduction Rate
22.7%
Total Income
$64,600.12
Total Deductions
$15,236.01
Net Pay
$49,364.11
Average Tax Rate
16.33%
Comprehensive Deduction Rate
23.59%
Total Income
$64,600.12
Total Deductions
$15,511.36
Net Pay
$49,088.76
Average Tax Rate
16.76%
Comprehensive Deduction Rate
24.01%
Total Income
$64,600.12
Total Deductions
$16,310.04
Net Pay
$48,290.08
Average Tax Rate
18%
Comprehensive Deduction Rate
25.25%
Total Income
$64,600.12
Total Deductions
$16,786.44
Net Pay
$47,813.68
Average Tax Rate
18.73%
Comprehensive Deduction Rate
25.99%
Total Income
$64,600.12
Total Deductions
$16,819.51
Net Pay
$47,780.61
Average Tax Rate
18.78%
Comprehensive Deduction Rate
26.04%
Total Income
$64,600.12
Total Deductions
$17,218.58
Net Pay
$47,381.54
Average Tax Rate
19.4%
Comprehensive Deduction Rate
26.65%
Total Income
$64,600.12
Total Deductions
$17,439.67
Net Pay
$47,160.45
Average Tax Rate
19.74%
Comprehensive Deduction Rate
27%
Total Income
$64,600.12
Total Deductions
$17,605.30
Net Pay
$46,994.82
Average Tax Rate
19.41%
Comprehensive Deduction Rate
27.25%
Total Income
$64,600.12
Total Deductions
$18,421.23
Net Pay
$46,178.89
Average Tax Rate
21.26%
Comprehensive Deduction Rate
28.52%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $64,600.12 | $13,680.33 | $50,919.79 | 13.93% | 21.18% |
| British Columbia | $64,600.12 | $14,531.46 | $50,068.66 | 15.24% | 22.49% |
| Northwest Territories | $64,600.12 | $14,587.00 | $50,013.12 | 15.33% | 22.58% |
| Yukon | $64,600.12 | $14,664.32 | $49,935.80 | 15.45% | 22.7% |
| Ontario | $64,600.12 | $15,236.01 | $49,364.11 | 16.33% | 23.59% |
| Alberta | $64,600.12 | $15,511.36 | $49,088.76 | 16.76% | 24.01% |
| Saskatchewan | $64,600.12 | $16,310.04 | $48,290.08 | 18% | 25.25% |
| New Brunswick | $64,600.12 | $16,786.44 | $47,813.68 | 18.73% | 25.99% |
| Manitoba | $64,600.12 | $16,819.51 | $47,780.61 | 18.78% | 26.04% |
| Newfoundland and Labrador | $64,600.12 | $17,218.58 | $47,381.54 | 19.4% | 26.65% |
| Prince Edward Island | $64,600.12 | $17,439.67 | $47,160.45 | 19.74% | 27% |
| Quebec | $64,600.12 | $17,605.30 | $46,994.82 | 19.41% | 27.25% |
| Nova Scotia | $64,600.12 | $18,421.23 | $46,178.89 | 21.26% | 28.52% |
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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