2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$70,551.00
Salary
$70,551.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$17,420.49
Federal Tax
$8,220.45
Provincial Tax
$4,095.42
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$53,130.51
Marginal Tax Rate
29.65%
Average Tax Rate
17.46%
Comprehensive Deduction Rate
24.69%
Monthly Salary
Total Income
$5,879.25
Salary
$5,879.25
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,451.71
Federal Tax
$685.04
Provincial Tax
$341.29
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$4,427.54
Marginal Tax Rate
29.65%
Average Tax Rate
17.46%
Comprehensive Deduction Rate
24.69%
Biweekly Salary
Total Income
$2,713.50
Salary
$2,713.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$670.02
Federal Tax
$316.17
Provincial Tax
$157.52
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$2,043.48
Marginal Tax Rate
29.65%
Average Tax Rate
17.46%
Comprehensive Deduction Rate
24.69%
Weekly Salary
Total Income
$1,356.75
Salary
$1,356.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$335.01
Federal Tax
$158.09
Provincial Tax
$78.76
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,021.74
Marginal Tax Rate
29.65%
Average Tax Rate
17.46%
Comprehensive Deduction Rate
24.69%
Daily Salary
Total Income
$271.35
Salary
$271.35
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$67.00
Federal Tax
$31.62
Provincial Tax
$15.75
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$204.35
Marginal Tax Rate
29.65%
Average Tax Rate
17.46%
Comprehensive Deduction Rate
24.69%
Hourly Salary
Total Income
$36.18
Salary
$36.18
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$8.93
Federal Tax
$4.22
Provincial Tax
$2.10
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$27.25
Marginal Tax Rate
29.65%
Average Tax Rate
17.46%
Comprehensive Deduction Rate
24.69%
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
$70,551.00
Total Deductions
$15,736.86
Net Pay
$54,814.14
Average Tax Rate
15.07%
Comprehensive Deduction Rate
22.31%
Total Income
$70,551.00
Total Deductions
$16,629.65
Net Pay
$53,921.35
Average Tax Rate
16.34%
Comprehensive Deduction Rate
23.57%
Total Income
$70,551.00
Total Deductions
$16,738.75
Net Pay
$53,812.25
Average Tax Rate
16.49%
Comprehensive Deduction Rate
23.73%
Total Income
$70,551.00
Total Deductions
$16,839.87
Net Pay
$53,711.13
Average Tax Rate
16.63%
Comprehensive Deduction Rate
23.87%
Total Income
$70,551.00
Total Deductions
$17,420.49
Net Pay
$53,130.51
Average Tax Rate
17.46%
Comprehensive Deduction Rate
24.69%
Total Income
$70,551.00
Total Deductions
$17,746.42
Net Pay
$52,804.58
Average Tax Rate
17.92%
Comprehensive Deduction Rate
25.15%
Total Income
$70,551.00
Total Deductions
$18,693.87
Net Pay
$51,857.13
Average Tax Rate
19.26%
Comprehensive Deduction Rate
26.5%
Total Income
$70,551.00
Total Deductions
$19,218.21
Net Pay
$51,332.79
Average Tax Rate
20%
Comprehensive Deduction Rate
27.24%
Total Income
$70,551.00
Total Deductions
$19,259.53
Net Pay
$51,291.47
Average Tax Rate
20.06%
Comprehensive Deduction Rate
27.3%
Total Income
$70,551.00
Total Deductions
$19,721.43
Net Pay
$50,829.57
Average Tax Rate
20.72%
Comprehensive Deduction Rate
27.95%
Total Income
$70,551.00
Total Deductions
$20,070.46
Net Pay
$50,480.54
Average Tax Rate
21.21%
Comprehensive Deduction Rate
28.45%
Total Income
$70,551.00
Total Deductions
$20,217.92
Net Pay
$50,333.08
Average Tax Rate
20.82%
Comprehensive Deduction Rate
28.66%
Total Income
$70,551.00
Total Deductions
$21,084.60
Net Pay
$49,466.40
Average Tax Rate
22.65%
Comprehensive Deduction Rate
29.89%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $70,551.00 | $15,736.86 | $54,814.14 | 15.07% | 22.31% |
| British Columbia | $70,551.00 | $16,629.65 | $53,921.35 | 16.34% | 23.57% |
| Northwest Territories | $70,551.00 | $16,738.75 | $53,812.25 | 16.49% | 23.73% |
| Yukon | $70,551.00 | $16,839.87 | $53,711.13 | 16.63% | 23.87% |
| Ontario | $70,551.00 | $17,420.49 | $53,130.51 | 17.46% | 24.69% |
| Alberta | $70,551.00 | $17,746.42 | $52,804.58 | 17.92% | 25.15% |
| Saskatchewan | $70,551.00 | $18,693.87 | $51,857.13 | 19.26% | 26.5% |
| Manitoba | $70,551.00 | $19,218.21 | $51,332.79 | 20% | 27.24% |
| New Brunswick | $70,551.00 | $19,259.53 | $51,291.47 | 20.06% | 27.3% |
| Newfoundland and Labrador | $70,551.00 | $19,721.43 | $50,829.57 | 20.72% | 27.95% |
| Prince Edward Island | $70,551.00 | $20,070.46 | $50,480.54 | 21.21% | 28.45% |
| Quebec | $70,551.00 | $20,217.92 | $50,333.08 | 20.82% | 28.66% |
| Nova Scotia | $70,551.00 | $21,084.60 | $49,466.40 | 22.65% | 29.89% |
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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