2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$24,862.80
Salary
$24,862.80
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,423.60
Federal Tax
$931.24
Provincial Tax
$808.55
CPP Contributions
$1,271.09
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$412.72
Net Pay
$21,439.20
Marginal Tax Rate
29.29%
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
Monthly Salary
Total Income
$2,071.90
Salary
$2,071.90
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$285.30
Federal Tax
$77.60
Provincial Tax
$67.38
CPP Contributions
$105.92
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$34.39
Net Pay
$1,786.60
Marginal Tax Rate
29.29%
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
Biweekly Salary
Total Income
$956.26
Salary
$956.26
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$131.68
Federal Tax
$35.82
Provincial Tax
$31.10
CPP Contributions
$48.89
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$15.87
Net Pay
$824.58
Marginal Tax Rate
29.29%
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
Weekly Salary
Total Income
$478.13
Salary
$478.13
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$65.84
Federal Tax
$17.91
Provincial Tax
$15.55
CPP Contributions
$24.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$7.94
Net Pay
$412.29
Marginal Tax Rate
29.29%
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
Daily Salary
Total Income
$95.63
Salary
$95.63
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$13.17
Federal Tax
$3.58
Provincial Tax
$3.11
CPP Contributions
$4.89
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.59
Net Pay
$82.46
Marginal Tax Rate
29.29%
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
Hourly Salary
Total Income
$12.75
Salary
$12.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1.76
Federal Tax
$0.48
Provincial Tax
$0.41
CPP Contributions
$0.65
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.21
Net Pay
$10.99
Marginal Tax Rate
29.29%
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
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
$24,862.80
Total Deductions
$2,623.04
Net Pay
$22,239.76
Average Tax Rate
3.78%
Comprehensive Deduction Rate
10.55%
Total Income
$24,862.80
Total Deductions
$2,744.45
Net Pay
$22,118.35
Average Tax Rate
4.27%
Comprehensive Deduction Rate
11.04%
Total Income
$24,862.80
Total Deductions
$2,791.53
Net Pay
$22,071.27
Average Tax Rate
4.46%
Comprehensive Deduction Rate
11.23%
Total Income
$24,862.80
Total Deductions
$2,957.61
Net Pay
$21,905.19
Average Tax Rate
5.12%
Comprehensive Deduction Rate
11.9%
Total Income
$24,862.80
Total Deductions
$3,001.68
Net Pay
$21,861.12
Average Tax Rate
5.3%
Comprehensive Deduction Rate
12.07%
Total Income
$24,862.80
Total Deductions
$3,107.28
Net Pay
$21,755.52
Average Tax Rate
5.73%
Comprehensive Deduction Rate
12.5%
Total Income
$24,862.80
Total Deductions
$3,167.94
Net Pay
$21,694.86
Average Tax Rate
5.43%
Comprehensive Deduction Rate
12.74%
Total Income
$24,862.80
Total Deductions
$3,414.14
Net Pay
$21,448.66
Average Tax Rate
6.96%
Comprehensive Deduction Rate
13.73%
Total Income
$24,862.80
Total Deductions
$3,423.60
Net Pay
$21,439.20
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
Total Income
$24,862.80
Total Deductions
$3,526.30
Net Pay
$21,336.50
Average Tax Rate
7.41%
Comprehensive Deduction Rate
14.18%
Total Income
$24,862.80
Total Deductions
$3,567.73
Net Pay
$21,295.07
Average Tax Rate
7.58%
Comprehensive Deduction Rate
14.35%
Total Income
$24,862.80
Total Deductions
$3,643.30
Net Pay
$21,219.50
Average Tax Rate
7.88%
Comprehensive Deduction Rate
14.65%
Total Income
$24,862.80
Total Deductions
$3,690.45
Net Pay
$21,172.35
Average Tax Rate
8.07%
Comprehensive Deduction Rate
14.84%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| British Columbia | $24,862.80 | $2,623.04 | $22,239.76 | 3.78% | 10.55% |
| Alberta | $24,862.80 | $2,744.45 | $22,118.35 | 4.27% | 11.04% |
| Nunavut | $24,862.80 | $2,791.53 | $22,071.27 | 4.46% | 11.23% |
| Northwest Territories | $24,862.80 | $2,957.61 | $21,905.19 | 5.12% | 11.9% |
| Yukon | $24,862.80 | $3,001.68 | $21,861.12 | 5.3% | 12.07% |
| Saskatchewan | $24,862.80 | $3,107.28 | $21,755.52 | 5.73% | 12.5% |
| Quebec | $24,862.80 | $3,167.94 | $21,694.86 | 5.43% | 12.74% |
| Manitoba | $24,862.80 | $3,414.14 | $21,448.66 | 6.96% | 13.73% |
| Ontario | $24,862.80 | $3,423.60 | $21,439.20 | 7% | 13.77% |
| Prince Edward Island | $24,862.80 | $3,526.30 | $21,336.50 | 7.41% | 14.18% |
| New Brunswick | $24,862.80 | $3,567.73 | $21,295.07 | 7.58% | 14.35% |
| Nova Scotia | $24,862.80 | $3,643.30 | $21,219.50 | 7.88% | 14.65% |
| Newfoundland and Labrador | $24,862.80 | $3,690.45 | $21,172.35 | 8.07% | 14.84% |
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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