2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$71,117.80
Salary
$71,117.80
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$17,588.54
Federal Tax
$8,336.64
Provincial Tax
$4,147.28
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$53,529.26
Marginal Tax Rate
29.65%
Average Tax Rate
17.55%
Comprehensive Deduction Rate
24.73%
Monthly Salary
Total Income
$5,926.48
Salary
$5,926.48
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,465.71
Federal Tax
$694.72
Provincial Tax
$345.61
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$4,460.77
Marginal Tax Rate
29.65%
Average Tax Rate
17.55%
Comprehensive Deduction Rate
24.73%
Biweekly Salary
Total Income
$2,735.30
Salary
$2,735.30
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$676.48
Federal Tax
$320.64
Provincial Tax
$159.51
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$2,058.82
Marginal Tax Rate
29.65%
Average Tax Rate
17.55%
Comprehensive Deduction Rate
24.73%
Weekly Salary
Total Income
$1,367.65
Salary
$1,367.65
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$338.24
Federal Tax
$160.32
Provincial Tax
$79.76
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,029.41
Marginal Tax Rate
29.65%
Average Tax Rate
17.55%
Comprehensive Deduction Rate
24.73%
Daily Salary
Total Income
$273.53
Salary
$273.53
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$67.65
Federal Tax
$32.06
Provincial Tax
$15.95
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$205.88
Marginal Tax Rate
29.65%
Average Tax Rate
17.55%
Comprehensive Deduction Rate
24.73%
Hourly Salary
Total Income
$36.47
Salary
$36.47
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$9.02
Federal Tax
$4.28
Provincial Tax
$2.13
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$27.45
Marginal Tax Rate
29.65%
Average Tax Rate
17.55%
Comprehensive Deduction Rate
24.73%
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
$71,117.80
Total Deductions
$15,892.73
Net Pay
$55,225.07
Average Tax Rate
15.17%
Comprehensive Deduction Rate
22.35%
Total Income
$71,117.80
Total Deductions
$16,789.48
Net Pay
$54,328.32
Average Tax Rate
16.43%
Comprehensive Deduction Rate
23.61%
Total Income
$71,117.80
Total Deductions
$16,903.68
Net Pay
$54,214.12
Average Tax Rate
16.59%
Comprehensive Deduction Rate
23.77%
Total Income
$71,117.80
Total Deductions
$17,007.07
Net Pay
$54,110.73
Average Tax Rate
16.74%
Comprehensive Deduction Rate
23.91%
Total Income
$71,117.80
Total Deductions
$17,588.54
Net Pay
$53,529.26
Average Tax Rate
17.55%
Comprehensive Deduction Rate
24.73%
Total Income
$71,117.80
Total Deductions
$17,919.29
Net Pay
$53,198.51
Average Tax Rate
18.02%
Comprehensive Deduction Rate
25.2%
Total Income
$71,117.80
Total Deductions
$18,880.91
Net Pay
$52,236.89
Average Tax Rate
19.37%
Comprehensive Deduction Rate
26.55%
Total Income
$71,117.80
Total Deductions
$19,406.67
Net Pay
$51,711.13
Average Tax Rate
20.11%
Comprehensive Deduction Rate
27.29%
Total Income
$71,117.80
Total Deductions
$19,455.07
Net Pay
$51,662.73
Average Tax Rate
20.18%
Comprehensive Deduction Rate
27.36%
Total Income
$71,117.80
Total Deductions
$19,919.80
Net Pay
$51,198.00
Average Tax Rate
20.83%
Comprehensive Deduction Rate
28.01%
Total Income
$71,117.80
Total Deductions
$20,281.02
Net Pay
$50,836.78
Average Tax Rate
21.34%
Comprehensive Deduction Rate
28.52%
Total Income
$71,117.80
Total Deductions
$20,425.08
Net Pay
$50,692.72
Average Tax Rate
20.94%
Comprehensive Deduction Rate
28.72%
Total Income
$71,117.80
Total Deductions
$21,298.27
Net Pay
$49,819.53
Average Tax Rate
22.77%
Comprehensive Deduction Rate
29.95%
Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
---|---|---|---|---|---|
Nunavut | $71,117.80 | $15,892.73 | $55,225.07 | 15.17% | 22.35% |
British Columbia | $71,117.80 | $16,789.48 | $54,328.32 | 16.43% | 23.61% |
Northwest Territories | $71,117.80 | $16,903.68 | $54,214.12 | 16.59% | 23.77% |
Yukon | $71,117.80 | $17,007.07 | $54,110.73 | 16.74% | 23.91% |
Ontario | $71,117.80 | $17,588.54 | $53,529.26 | 17.55% | 24.73% |
Alberta | $71,117.80 | $17,919.29 | $53,198.51 | 18.02% | 25.2% |
Saskatchewan | $71,117.80 | $18,880.91 | $52,236.89 | 19.37% | 26.55% |
Manitoba | $71,117.80 | $19,406.67 | $51,711.13 | 20.11% | 27.29% |
New Brunswick | $71,117.80 | $19,455.07 | $51,662.73 | 20.18% | 27.36% |
Newfoundland and Labrador | $71,117.80 | $19,919.80 | $51,198.00 | 20.83% | 28.01% |
Prince Edward Island | $71,117.80 | $20,281.02 | $50,836.78 | 21.34% | 28.52% |
Quebec | $71,117.80 | $20,425.08 | $50,692.72 | 20.94% | 28.72% |
Nova Scotia | $71,117.80 | $21,298.27 | $49,819.53 | 22.77% | 29.95% |
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 $2,735+/biweekly

League Savings and Mortgage
-
4 Jobs
Multiple Locations
$117,456 - $138,184 / year
Full-time
6 days ago

Paladin Security
-
120 Jobs
Toronto, ON
$70,000 - $75,000 / year
Full-time
18 days ago

Paladin Security
-
120 Jobs
Sarnia, ON
$65,000 - $75,000 / year
Full-time
4 days ago
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.