2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$29,998.28
Salary
$29,998.28
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$4,807.58
Federal Tax
$1,648.97
Provincial Tax
$1,083.99
CPP Contributions
$1,576.65
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$497.97
Net Pay
$25,190.70
Marginal Tax Rate
18.64%
Average Tax Rate
9.11%
Comprehensive Deduction Rate
16.03%
Monthly Salary
Total Income
$2,499.86
Salary
$2,499.86
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$400.63
Federal Tax
$137.41
Provincial Tax
$90.33
CPP Contributions
$131.39
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$41.50
Net Pay
$2,099.23
Marginal Tax Rate
18.64%
Average Tax Rate
9.11%
Comprehensive Deduction Rate
16.03%
Biweekly Salary
Total Income
$1,153.78
Salary
$1,153.78
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$184.91
Federal Tax
$63.42
Provincial Tax
$41.69
CPP Contributions
$60.64
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.15
Net Pay
$968.87
Marginal Tax Rate
18.64%
Average Tax Rate
9.11%
Comprehensive Deduction Rate
16.03%
Weekly Salary
Total Income
$576.89
Salary
$576.89
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$92.45
Federal Tax
$31.71
Provincial Tax
$20.85
CPP Contributions
$30.32
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$9.58
Net Pay
$484.44
Marginal Tax Rate
18.64%
Average Tax Rate
9.11%
Comprehensive Deduction Rate
16.03%
Daily Salary
Total Income
$115.38
Salary
$115.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$18.49
Federal Tax
$6.34
Provincial Tax
$4.17
CPP Contributions
$6.06
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.92
Net Pay
$96.89
Marginal Tax Rate
18.64%
Average Tax Rate
9.11%
Comprehensive Deduction Rate
16.03%
Hourly Salary
Total Income
$15.38
Salary
$15.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2.47
Federal Tax
$0.85
Provincial Tax
$0.56
CPP Contributions
$0.81
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.26
Net Pay
$12.92
Marginal Tax Rate
18.64%
Average Tax Rate
9.11%
Comprehensive Deduction Rate
16.03%
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
$29,998.28
Total Deductions
$4,089.86
Net Pay
$25,908.42
Average Tax Rate
6.72%
Comprehensive Deduction Rate
13.63%
Total Income
$29,998.28
Total Deductions
$4,154.48
Net Pay
$25,843.80
Average Tax Rate
6.93%
Comprehensive Deduction Rate
13.85%
Total Income
$29,998.28
Total Deductions
$4,327.46
Net Pay
$25,670.82
Average Tax Rate
7.51%
Comprehensive Deduction Rate
14.43%
Total Income
$29,998.28
Total Deductions
$4,346.08
Net Pay
$25,652.20
Average Tax Rate
7.57%
Comprehensive Deduction Rate
14.49%
Total Income
$29,998.28
Total Deductions
$4,413.87
Net Pay
$25,584.41
Average Tax Rate
7.8%
Comprehensive Deduction Rate
14.71%
Total Income
$29,998.28
Total Deductions
$4,714.01
Net Pay
$25,284.27
Average Tax Rate
8.8%
Comprehensive Deduction Rate
15.71%
Total Income
$29,998.28
Total Deductions
$4,807.58
Net Pay
$25,190.70
Average Tax Rate
9.11%
Comprehensive Deduction Rate
16.03%
Total Income
$29,998.28
Total Deductions
$4,901.51
Net Pay
$25,096.77
Average Tax Rate
8.87%
Comprehensive Deduction Rate
16.34%
Total Income
$29,998.28
Total Deductions
$5,035.10
Net Pay
$24,963.18
Average Tax Rate
9.87%
Comprehensive Deduction Rate
16.78%
Total Income
$29,998.28
Total Deductions
$5,092.11
Net Pay
$24,906.17
Average Tax Rate
10.06%
Comprehensive Deduction Rate
16.97%
Total Income
$29,998.28
Total Deductions
$5,122.28
Net Pay
$24,876.00
Average Tax Rate
10.16%
Comprehensive Deduction Rate
17.08%
Total Income
$29,998.28
Total Deductions
$5,211.78
Net Pay
$24,786.50
Average Tax Rate
10.46%
Comprehensive Deduction Rate
17.37%
Total Income
$29,998.28
Total Deductions
$5,220.15
Net Pay
$24,778.13
Average Tax Rate
10.49%
Comprehensive Deduction Rate
17.4%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $29,998.28 | $4,089.86 | $25,908.42 | 6.72% | 13.63% |
| British Columbia | $29,998.28 | $4,154.48 | $25,843.80 | 6.93% | 13.85% |
| Alberta | $29,998.28 | $4,327.46 | $25,670.82 | 7.51% | 14.43% |
| Northwest Territories | $29,998.28 | $4,346.08 | $25,652.20 | 7.57% | 14.49% |
| Yukon | $29,998.28 | $4,413.87 | $25,584.41 | 7.8% | 14.71% |
| Saskatchewan | $29,998.28 | $4,714.01 | $25,284.27 | 8.8% | 15.71% |
| Ontario | $29,998.28 | $4,807.58 | $25,190.70 | 9.11% | 16.03% |
| Quebec | $29,998.28 | $4,901.51 | $25,096.77 | 8.87% | 16.34% |
| Manitoba | $29,998.28 | $5,035.10 | $24,963.18 | 9.87% | 16.78% |
| Prince Edward Island | $29,998.28 | $5,092.11 | $24,906.17 | 10.06% | 16.97% |
| New Brunswick | $29,998.28 | $5,122.28 | $24,876.00 | 10.16% | 17.08% |
| Newfoundland and Labrador | $29,998.28 | $5,211.78 | $24,786.50 | 10.46% | 17.37% |
| Nova Scotia | $29,998.28 | $5,220.15 | $24,778.13 | 10.49% | 17.4% |
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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