2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$80,399.80
Salary
$80,399.80
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$20,490.65
Federal Tax
$10,239.45
Provincial Tax
$5,146.58
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$59,909.15
Marginal Tax Rate
29.65%
Average Tax Rate
19.14%
Comprehensive Deduction Rate
25.49%
Monthly Salary
Total Income
$6,699.98
Salary
$6,699.98
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,707.55
Federal Tax
$853.29
Provincial Tax
$428.88
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$4,992.43
Marginal Tax Rate
29.65%
Average Tax Rate
19.14%
Comprehensive Deduction Rate
25.49%
Biweekly Salary
Total Income
$3,092.30
Salary
$3,092.30
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$788.10
Federal Tax
$393.83
Provincial Tax
$197.95
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$2,304.20
Marginal Tax Rate
29.65%
Average Tax Rate
19.14%
Comprehensive Deduction Rate
25.49%
Weekly Salary
Total Income
$1,546.15
Salary
$1,546.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$394.05
Federal Tax
$196.91
Provincial Tax
$98.97
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,152.10
Marginal Tax Rate
29.65%
Average Tax Rate
19.14%
Comprehensive Deduction Rate
25.49%
Daily Salary
Total Income
$309.23
Salary
$309.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$78.81
Federal Tax
$39.38
Provincial Tax
$19.79
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$230.42
Marginal Tax Rate
29.65%
Average Tax Rate
19.14%
Comprehensive Deduction Rate
25.49%
Hourly Salary
Total Income
$41.23
Salary
$41.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$10.51
Federal Tax
$5.25
Provincial Tax
$2.64
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$30.72
Marginal Tax Rate
29.65%
Average Tax Rate
19.14%
Comprehensive Deduction Rate
25.49%
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
$80,399.80
Total Deductions
$18,445.28
Net Pay
$61,954.52
Average Tax Rate
16.59%
Comprehensive Deduction Rate
22.94%
Total Income
$80,399.80
Total Deductions
$19,407.00
Net Pay
$60,992.80
Average Tax Rate
17.79%
Comprehensive Deduction Rate
24.14%
Total Income
$80,399.80
Total Deductions
$19,604.74
Net Pay
$60,795.06
Average Tax Rate
18.04%
Comprehensive Deduction Rate
24.38%
Total Income
$80,399.80
Total Deductions
$19,745.26
Net Pay
$60,654.54
Average Tax Rate
18.21%
Comprehensive Deduction Rate
24.56%
Total Income
$80,399.80
Total Deductions
$20,490.65
Net Pay
$59,909.15
Average Tax Rate
19.14%
Comprehensive Deduction Rate
25.49%
Total Income
$80,399.80
Total Deductions
$20,750.30
Net Pay
$59,649.50
Average Tax Rate
19.46%
Comprehensive Deduction Rate
25.81%
Total Income
$80,399.80
Total Deductions
$21,943.97
Net Pay
$58,455.83
Average Tax Rate
20.94%
Comprehensive Deduction Rate
27.29%
Total Income
$80,399.80
Total Deductions
$22,492.93
Net Pay
$57,906.87
Average Tax Rate
21.63%
Comprehensive Deduction Rate
27.98%
Total Income
$80,399.80
Total Deductions
$22,657.36
Net Pay
$57,742.44
Average Tax Rate
21.83%
Comprehensive Deduction Rate
28.18%
Total Income
$80,399.80
Total Deductions
$23,168.50
Net Pay
$57,231.30
Average Tax Rate
22.47%
Comprehensive Deduction Rate
28.82%
Total Income
$80,399.80
Total Deductions
$23,729.29
Net Pay
$56,670.51
Average Tax Rate
23.17%
Comprehensive Deduction Rate
29.51%
Total Income
$80,399.80
Total Deductions
$23,817.62
Net Pay
$56,582.18
Average Tax Rate
22.68%
Comprehensive Deduction Rate
29.62%
Total Income
$80,399.80
Total Deductions
$24,768.86
Net Pay
$55,630.94
Average Tax Rate
24.46%
Comprehensive Deduction Rate
30.81%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $80,399.80 | $18,445.28 | $61,954.52 | 16.59% | 22.94% |
| British Columbia | $80,399.80 | $19,407.00 | $60,992.80 | 17.79% | 24.14% |
| Northwest Territories | $80,399.80 | $19,604.74 | $60,795.06 | 18.04% | 24.38% |
| Yukon | $80,399.80 | $19,745.26 | $60,654.54 | 18.21% | 24.56% |
| Ontario | $80,399.80 | $20,490.65 | $59,909.15 | 19.14% | 25.49% |
| Alberta | $80,399.80 | $20,750.30 | $59,649.50 | 19.46% | 25.81% |
| Saskatchewan | $80,399.80 | $21,943.97 | $58,455.83 | 20.94% | 27.29% |
| Manitoba | $80,399.80 | $22,492.93 | $57,906.87 | 21.63% | 27.98% |
| New Brunswick | $80,399.80 | $22,657.36 | $57,742.44 | 21.83% | 28.18% |
| Newfoundland and Labrador | $80,399.80 | $23,168.50 | $57,231.30 | 22.47% | 28.82% |
| Prince Edward Island | $80,399.80 | $23,729.29 | $56,670.51 | 23.17% | 29.51% |
| Quebec | $80,399.80 | $23,817.62 | $56,582.18 | 22.68% | 29.62% |
| Nova Scotia | $80,399.80 | $24,768.86 | $55,630.94 | 24.46% | 30.81% |
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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