2024 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Province/Territory

Tax Year

Salary

Rate

Work Hours per Day

Bonus

Commission

Pension Income

Taxable Benefit

RRSP

Your Results

Yearly Salary

Total Income $73,200.40

Salary $73,200.40

Total Deductions $18,356.04

Federal Tax $8,763.58

Provincial Tax $4,487.84

CPP Contributions $4,055.50

EI Premiums $1,049.12

Net Pay $54,844.36

Marginal Tax Rate 29.65%

Average Tax Rate 18.1%

Comprehensive Deduction Rate 25.08%

$73,200.40 a year is how much per hour?
What is the minimum wage in Ontario in 2025?

Monthly Salary

Total Income $6,100.03

Salary $6,100.03

Total Deductions $1,529.67

Federal Tax $730.30

Provincial Tax $373.99

CPP Contributions $337.96

EI Premiums $87.43

Net Pay $4,570.36

Marginal Tax Rate 29.65%

Average Tax Rate 18.1%

Comprehensive Deduction Rate 25.08%

$6,100.03 a month is how much per year?
What is the minimum wage in Ontario in 2025?

Biweekly Salary

Total Income $2,815.40

Salary $2,815.40

Total Deductions $706.00

Federal Tax $337.06

Provincial Tax $172.61

CPP Contributions $155.98

EI Premiums $40.35

Net Pay $2,109.40

Marginal Tax Rate 29.65%

Average Tax Rate 18.1%

Comprehensive Deduction Rate 25.08%

$2,815.40 per two weeks is how much per year?
What is the minimum wage in Ontario in 2025?

Weekly Salary

Total Income $1,407.70

Salary $1,407.70

Total Deductions $353.00

Federal Tax $168.53

Provincial Tax $86.30

CPP Contributions $77.99

EI Premiums $20.18

Net Pay $1,054.70

Marginal Tax Rate 29.65%

Average Tax Rate 18.1%

Comprehensive Deduction Rate 25.08%

$1,407.70 a week is how much per year?
What is the minimum wage in Ontario in 2025?

Daily Salary

Total Income $281.54

Salary $281.54

Total Deductions $70.60

Federal Tax $33.71

Provincial Tax $17.26

CPP Contributions $15.60

EI Premiums $4.04

Net Pay $210.94

Marginal Tax Rate 29.65%

Average Tax Rate 18.1%

Comprehensive Deduction Rate 25.08%

$281.54 a day is how much per year?
What is the minimum wage in Ontario in 2025?

Hourly Salary

Total Income $37.54

Salary $37.54

Total Deductions $9.41

Federal Tax $4.49

Provincial Tax $2.30

CPP Contributions $2.08

EI Premiums $0.54

Net Pay $28.13

Marginal Tax Rate 29.65%

Average Tax Rate 18.1%

Comprehensive Deduction Rate 25.08%

$37.54 an hour is how much per year?
What is the minimum wage in Ontario in 2025?

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

Nunavut

Total Income $73,200.40

Total Deductions $16,465.45

Net Pay $56,734.95

Average Tax Rate 15.52%

Comprehensive Deduction Rate 22.49%

British Columbia

Total Income $73,200.40

Total Deductions $17,376.78

Net Pay $55,823.62

Average Tax Rate 16.77%

Comprehensive Deduction Rate 23.74%

Northwest Territories

Total Income $73,200.40

Total Deductions $17,509.72

Net Pay $55,690.68

Average Tax Rate 16.95%

Comprehensive Deduction Rate 23.92%

Yukon

Total Income $73,200.40

Total Deductions $17,621.45

Net Pay $55,578.95

Average Tax Rate 17.1%

Comprehensive Deduction Rate 24.07%

Ontario

Total Income $73,200.40

Total Deductions $18,356.04

Net Pay $54,844.36

Average Tax Rate 18.1%

Comprehensive Deduction Rate 25.08%

Alberta

Total Income $73,200.40

Total Deductions $18,554.49

Net Pay $54,645.91

Average Tax Rate 18.37%

Comprehensive Deduction Rate 25.35%

Saskatchewan

Total Income $73,200.40

Total Deductions $19,568.17

Net Pay $53,632.23

Average Tax Rate 19.76%

Comprehensive Deduction Rate 26.73%

Manitoba

Total Income $73,200.40

Total Deductions $20,099.14

Net Pay $53,101.26

Average Tax Rate 20.48%

Comprehensive Deduction Rate 27.46%

New Brunswick

Total Income $73,200.40

Total Deductions $20,173.58

Net Pay $53,026.82

Average Tax Rate 20.59%

Comprehensive Deduction Rate 27.56%

Newfoundland and Labrador

Total Income $73,200.40

Total Deductions $20,648.72

Net Pay $52,551.68

Average Tax Rate 21.23%

Comprehensive Deduction Rate 28.21%

Prince Edward Island

Total Income $73,200.40

Total Deductions $21,054.72

Net Pay $52,145.68

Average Tax Rate 21.79%

Comprehensive Deduction Rate 28.76%

Quebec

Total Income $73,200.40

Total Deductions $21,186.27

Net Pay $52,014.13

Average Tax Rate 21.37%

Comprehensive Deduction Rate 28.94%

Nova Scotia

Total Income $73,200.40

Total Deductions $22,083.36

Net Pay $51,117.04

Average Tax Rate 23.19%

Comprehensive Deduction Rate 30.17%

Region	Total Income	Total Deductions	Net Pay	Avg. Tax Rate	Comp. Deduction Rate
Nunavut	$73,200.40	$16,465.45	$56,734.95	15.52%	22.49%
British Columbia	$73,200.40	$17,376.78	$55,823.62	16.77%	23.74%
Northwest Territories	$73,200.40	$17,509.72	$55,690.68	16.95%	23.92%
Yukon	$73,200.40	$17,621.45	$55,578.95	17.1%	24.07%
Ontario	$73,200.40	$18,356.04	$54,844.36	18.1%	25.08%
Alberta	$73,200.40	$18,554.49	$54,645.91	18.37%	25.35%
Saskatchewan	$73,200.40	$19,568.17	$53,632.23	19.76%	26.73%
Manitoba	$73,200.40	$20,099.14	$53,101.26	20.48%	27.46%
New Brunswick	$73,200.40	$20,173.58	$53,026.82	20.59%	27.56%
Newfoundland and Labrador	$73,200.40	$20,648.72	$52,551.68	21.23%	28.21%
Prince Edward Island	$73,200.40	$21,054.72	$52,145.68	21.79%	28.76%
Quebec	$73,200.40	$21,186.27	$52,014.13	21.37%	28.94%
Nova Scotia	$73,200.40	$22,083.36	$51,117.04	23.19%	30.17%

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.