2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$70,800.60
Salary
$70,800.60
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$17,494.49
Federal Tax
$8,271.62
Provincial Tax
$4,118.25
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$53,306.11
Marginal Tax Rate
29.65%
Average Tax Rate
17.5%
Comprehensive Deduction Rate
24.71%
Monthly Salary
Total Income
$5,900.05
Salary
$5,900.05
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,457.87
Federal Tax
$689.30
Provincial Tax
$343.19
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$4,442.18
Marginal Tax Rate
29.65%
Average Tax Rate
17.5%
Comprehensive Deduction Rate
24.71%
Biweekly Salary
Total Income
$2,723.10
Salary
$2,723.10
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$672.87
Federal Tax
$318.14
Provincial Tax
$158.39
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$2,050.24
Marginal Tax Rate
29.65%
Average Tax Rate
17.5%
Comprehensive Deduction Rate
24.71%
Weekly Salary
Total Income
$1,361.55
Salary
$1,361.55
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$336.43
Federal Tax
$159.07
Provincial Tax
$79.20
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,025.12
Marginal Tax Rate
29.65%
Average Tax Rate
17.5%
Comprehensive Deduction Rate
24.71%
Daily Salary
Total Income
$272.31
Salary
$272.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$67.29
Federal Tax
$31.81
Provincial Tax
$15.84
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$205.02
Marginal Tax Rate
29.65%
Average Tax Rate
17.5%
Comprehensive Deduction Rate
24.71%
Hourly Salary
Total Income
$36.31
Salary
$36.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$8.97
Federal Tax
$4.24
Provincial Tax
$2.11
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$27.34
Marginal Tax Rate
29.65%
Average Tax Rate
17.5%
Comprehensive Deduction Rate
24.71%
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
$70,800.60
Total Deductions
$15,805.50
Net Pay
$54,995.10
Average Tax Rate
15.11%
Comprehensive Deduction Rate
22.32%
Total Income
$70,800.60
Total Deductions
$16,700.04
Net Pay
$54,100.56
Average Tax Rate
16.38%
Comprehensive Deduction Rate
23.59%
Total Income
$70,800.60
Total Deductions
$16,811.38
Net Pay
$53,989.22
Average Tax Rate
16.53%
Comprehensive Deduction Rate
23.74%
Total Income
$70,800.60
Total Deductions
$16,913.50
Net Pay
$53,887.10
Average Tax Rate
16.68%
Comprehensive Deduction Rate
23.89%
Total Income
$70,800.60
Total Deductions
$17,494.49
Net Pay
$53,306.11
Average Tax Rate
17.5%
Comprehensive Deduction Rate
24.71%
Total Income
$70,800.60
Total Deductions
$17,822.55
Net Pay
$52,978.05
Average Tax Rate
17.96%
Comprehensive Deduction Rate
25.17%
Total Income
$70,800.60
Total Deductions
$18,776.24
Net Pay
$52,024.36
Average Tax Rate
19.31%
Comprehensive Deduction Rate
26.52%
Total Income
$70,800.60
Total Deductions
$19,301.21
Net Pay
$51,499.39
Average Tax Rate
20.05%
Comprehensive Deduction Rate
27.26%
Total Income
$70,800.60
Total Deductions
$19,345.64
Net Pay
$51,454.96
Average Tax Rate
20.11%
Comprehensive Deduction Rate
27.32%
Total Income
$70,800.60
Total Deductions
$19,808.79
Net Pay
$50,991.81
Average Tax Rate
20.77%
Comprehensive Deduction Rate
27.98%
Total Income
$70,800.60
Total Deductions
$20,163.19
Net Pay
$50,637.41
Average Tax Rate
21.27%
Comprehensive Deduction Rate
28.48%
Total Income
$70,800.60
Total Deductions
$20,309.14
Net Pay
$50,491.46
Average Tax Rate
20.87%
Comprehensive Deduction Rate
28.68%
Total Income
$70,800.60
Total Deductions
$21,178.69
Net Pay
$49,621.91
Average Tax Rate
22.7%
Comprehensive Deduction Rate
29.91%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $70,800.60 | $15,805.50 | $54,995.10 | 15.11% | 22.32% |
| British Columbia | $70,800.60 | $16,700.04 | $54,100.56 | 16.38% | 23.59% |
| Northwest Territories | $70,800.60 | $16,811.38 | $53,989.22 | 16.53% | 23.74% |
| Yukon | $70,800.60 | $16,913.50 | $53,887.10 | 16.68% | 23.89% |
| Ontario | $70,800.60 | $17,494.49 | $53,306.11 | 17.5% | 24.71% |
| Alberta | $70,800.60 | $17,822.55 | $52,978.05 | 17.96% | 25.17% |
| Saskatchewan | $70,800.60 | $18,776.24 | $52,024.36 | 19.31% | 26.52% |
| Manitoba | $70,800.60 | $19,301.21 | $51,499.39 | 20.05% | 27.26% |
| New Brunswick | $70,800.60 | $19,345.64 | $51,454.96 | 20.11% | 27.32% |
| Newfoundland and Labrador | $70,800.60 | $19,808.79 | $50,991.81 | 20.77% | 27.98% |
| Prince Edward Island | $70,800.60 | $20,163.19 | $50,637.41 | 21.27% | 28.48% |
| Quebec | $70,800.60 | $20,309.14 | $50,491.46 | 20.87% | 28.68% |
| Nova Scotia | $70,800.60 | $21,178.69 | $49,621.91 | 22.7% | 29.91% |
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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