2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$26,150.76
Salary
$26,150.76
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,797.54
Federal Tax
$1,111.24
Provincial Tax
$904.48
CPP Contributions
$1,347.72
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$434.10
Net Pay
$22,353.22
Marginal Tax Rate
18.64%
Average Tax Rate
7.71%
Comprehensive Deduction Rate
14.52%
Monthly Salary
Total Income
$2,179.23
Salary
$2,179.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$316.46
Federal Tax
$92.60
Provincial Tax
$75.37
CPP Contributions
$112.31
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$36.18
Net Pay
$1,862.77
Marginal Tax Rate
18.64%
Average Tax Rate
7.71%
Comprehensive Deduction Rate
14.52%
Biweekly Salary
Total Income
$1,005.80
Salary
$1,005.80
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$146.06
Federal Tax
$42.74
Provincial Tax
$34.79
CPP Contributions
$51.84
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$16.70
Net Pay
$859.74
Marginal Tax Rate
18.64%
Average Tax Rate
7.71%
Comprehensive Deduction Rate
14.52%
Weekly Salary
Total Income
$502.90
Salary
$502.90
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$73.03
Federal Tax
$21.37
Provincial Tax
$17.39
CPP Contributions
$25.92
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$8.35
Net Pay
$429.87
Marginal Tax Rate
18.64%
Average Tax Rate
7.71%
Comprehensive Deduction Rate
14.52%
Daily Salary
Total Income
$100.58
Salary
$100.58
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$14.61
Federal Tax
$4.27
Provincial Tax
$3.48
CPP Contributions
$5.18
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.67
Net Pay
$85.97
Marginal Tax Rate
18.64%
Average Tax Rate
7.71%
Comprehensive Deduction Rate
14.52%
Hourly Salary
Total Income
$13.41
Salary
$13.41
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1.95
Federal Tax
$0.57
Provincial Tax
$0.46
CPP Contributions
$0.69
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.22
Net Pay
$11.46
Marginal Tax Rate
18.64%
Average Tax Rate
7.71%
Comprehensive Deduction Rate
14.52%
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
$26,150.76
Total Deductions
$3,007.11
Net Pay
$23,143.65
Average Tax Rate
4.69%
Comprehensive Deduction Rate
11.5%
Total Income
$26,150.76
Total Deductions
$3,117.14
Net Pay
$23,033.62
Average Tax Rate
5.11%
Comprehensive Deduction Rate
11.92%
Total Income
$26,150.76
Total Deductions
$3,141.46
Net Pay
$23,009.30
Average Tax Rate
5.2%
Comprehensive Deduction Rate
12.01%
Total Income
$26,150.76
Total Deductions
$3,305.81
Net Pay
$22,844.95
Average Tax Rate
5.83%
Comprehensive Deduction Rate
12.64%
Total Income
$26,150.76
Total Deductions
$3,355.84
Net Pay
$22,794.92
Average Tax Rate
6.02%
Comprehensive Deduction Rate
12.83%
Total Income
$26,150.76
Total Deductions
$3,510.24
Net Pay
$22,640.52
Average Tax Rate
6.61%
Comprehensive Deduction Rate
13.42%
Total Income
$26,150.76
Total Deductions
$3,602.72
Net Pay
$22,548.04
Average Tax Rate
6.42%
Comprehensive Deduction Rate
13.78%
Total Income
$26,150.76
Total Deductions
$3,797.54
Net Pay
$22,353.22
Average Tax Rate
7.71%
Comprehensive Deduction Rate
14.52%
Total Income
$26,150.76
Total Deductions
$3,820.66
Net Pay
$22,330.10
Average Tax Rate
7.8%
Comprehensive Deduction Rate
14.61%
Total Income
$26,150.76
Total Deductions
$3,918.99
Net Pay
$22,231.77
Average Tax Rate
8.17%
Comprehensive Deduction Rate
14.99%
Total Income
$26,150.76
Total Deductions
$3,957.60
Net Pay
$22,193.16
Average Tax Rate
8.32%
Comprehensive Deduction Rate
15.13%
Total Income
$26,150.76
Total Deductions
$4,031.98
Net Pay
$22,118.78
Average Tax Rate
8.6%
Comprehensive Deduction Rate
15.42%
Total Income
$26,150.76
Total Deductions
$4,071.99
Net Pay
$22,078.77
Average Tax Rate
8.76%
Comprehensive Deduction Rate
15.57%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| British Columbia | $26,150.76 | $3,007.11 | $23,143.65 | 4.69% | 11.5% |
| Nunavut | $26,150.76 | $3,117.14 | $23,033.62 | 5.11% | 11.92% |
| Alberta | $26,150.76 | $3,141.46 | $23,009.30 | 5.2% | 12.01% |
| Northwest Territories | $26,150.76 | $3,305.81 | $22,844.95 | 5.83% | 12.64% |
| Yukon | $26,150.76 | $3,355.84 | $22,794.92 | 6.02% | 12.83% |
| Saskatchewan | $26,150.76 | $3,510.24 | $22,640.52 | 6.61% | 13.42% |
| Quebec | $26,150.76 | $3,602.72 | $22,548.04 | 6.42% | 13.78% |
| Ontario | $26,150.76 | $3,797.54 | $22,353.22 | 7.71% | 14.52% |
| Manitoba | $26,150.76 | $3,820.66 | $22,330.10 | 7.8% | 14.61% |
| Prince Edward Island | $26,150.76 | $3,918.99 | $22,231.77 | 8.17% | 14.99% |
| New Brunswick | $26,150.76 | $3,957.60 | $22,193.16 | 8.32% | 15.13% |
| Nova Scotia | $26,150.76 | $4,031.98 | $22,118.78 | 8.6% | 15.42% |
| Newfoundland and Labrador | $26,150.76 | $4,071.99 | $22,078.77 | 8.76% | 15.57% |
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.
Jobs paying $26,151+/year
Paladin Security
-
133 Jobs
Toronto, ON
$60,000 - $65,000 / year
Full-time
Today
Paladin Security
-
133 Jobs
Toronto, ON
$30.00 / hour
Full-time
7 days ago
Paladin Security
-
133 Jobs
Toronto, ON
$23.18 / hour
Full-time
Yesterday
Are you looking to relocate to Ontario or just browsing through cities within the province/territory?
Check out our Ontario demographics page for more information.