2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$32,000.00
Salary
$32,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$5,333.07
Federal Tax
$1,928.73
Provincial Tax
$1,177.39
CPP Contributions
$1,695.75
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$531.20
Net Pay
$26,666.93
Marginal Tax Rate
18.63%
Average Tax Rate
9.71%
Comprehensive Deduction Rate
16.67%
Monthly Salary
Total Income
$2,666.67
Salary
$2,666.67
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$444.42
Federal Tax
$160.73
Provincial Tax
$98.12
CPP Contributions
$141.31
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$44.27
Net Pay
$2,222.24
Marginal Tax Rate
18.63%
Average Tax Rate
9.71%
Comprehensive Deduction Rate
16.67%
Biweekly Salary
Total Income
$1,230.77
Salary
$1,230.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$205.12
Federal Tax
$74.18
Provincial Tax
$45.28
CPP Contributions
$65.22
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.43
Net Pay
$1,025.65
Marginal Tax Rate
18.63%
Average Tax Rate
9.71%
Comprehensive Deduction Rate
16.67%
Weekly Salary
Total Income
$615.38
Salary
$615.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$102.56
Federal Tax
$37.09
Provincial Tax
$22.64
CPP Contributions
$32.61
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$10.22
Net Pay
$512.83
Marginal Tax Rate
18.63%
Average Tax Rate
9.71%
Comprehensive Deduction Rate
16.67%
Daily Salary
Total Income
$123.08
Salary
$123.08
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$20.51
Federal Tax
$7.42
Provincial Tax
$4.53
CPP Contributions
$6.52
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.04
Net Pay
$102.57
Marginal Tax Rate
18.63%
Average Tax Rate
9.71%
Comprehensive Deduction Rate
16.67%
Hourly Salary
Total Income
$16.41
Salary
$16.41
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2.73
Federal Tax
$0.99
Provincial Tax
$0.60
CPP Contributions
$0.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.27
Net Pay
$13.68
Marginal Tax Rate
18.63%
Average Tax Rate
9.71%
Comprehensive Deduction Rate
16.67%
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% |
Income taxes on annual salaries
Annual Income Tax by Province/Territory
Total Income
$32,000.00
Total Deductions
$4,595.92
Net Pay
$27,404.08
Average Tax Rate
7.4%
Comprehensive Deduction Rate
14.36%
Total Income
$32,000.00
Total Deductions
$4,751.42
Net Pay
$27,248.58
Average Tax Rate
7.89%
Comprehensive Deduction Rate
14.85%
Total Income
$32,000.00
Total Deductions
$4,887.28
Net Pay
$27,112.72
Average Tax Rate
8.31%
Comprehensive Deduction Rate
15.27%
Total Income
$32,000.00
Total Deductions
$4,944.48
Net Pay
$27,055.52
Average Tax Rate
8.49%
Comprehensive Deduction Rate
15.45%
Total Income
$32,000.00
Total Deductions
$4,964.33
Net Pay
$27,035.67
Average Tax Rate
8.55%
Comprehensive Deduction Rate
15.51%
Total Income
$32,000.00
Total Deductions
$5,333.07
Net Pay
$26,666.93
Average Tax Rate
9.71%
Comprehensive Deduction Rate
16.67%
Total Income
$32,000.00
Total Deductions
$5,340.29
Net Pay
$26,659.71
Average Tax Rate
9.73%
Comprehensive Deduction Rate
16.69%
Total Income
$32,000.00
Total Deductions
$5,577.22
Net Pay
$26,422.78
Average Tax Rate
9.91%
Comprehensive Deduction Rate
17.43%
Total Income
$32,000.00
Total Deductions
$5,666.93
Net Pay
$26,333.07
Average Tax Rate
10.75%
Comprehensive Deduction Rate
17.71%
Total Income
$32,000.00
Total Deductions
$5,702.44
Net Pay
$26,297.56
Average Tax Rate
10.86%
Comprehensive Deduction Rate
17.82%
Total Income
$32,000.00
Total Deductions
$5,728.21
Net Pay
$26,271.79
Average Tax Rate
10.94%
Comprehensive Deduction Rate
17.9%
Total Income
$32,000.00
Total Deductions
$5,804.77
Net Pay
$26,195.23
Average Tax Rate
11.18%
Comprehensive Deduction Rate
18.14%
Total Income
$32,000.00
Total Deductions
$5,948.67
Net Pay
$26,051.33
Average Tax Rate
11.63%
Comprehensive Deduction Rate
18.59%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $32,000.00 | $4,595.92 | $27,404.08 | 7.4% | 14.36% |
| British Columbia | $32,000.00 | $4,751.42 | $27,248.58 | 7.89% | 14.85% |
| Northwest Territories | $32,000.00 | $4,887.28 | $27,112.72 | 8.31% | 15.27% |
| Alberta | $32,000.00 | $4,944.48 | $27,055.52 | 8.49% | 15.45% |
| Yukon | $32,000.00 | $4,964.33 | $27,035.67 | 8.55% | 15.51% |
| Ontario | $32,000.00 | $5,333.07 | $26,666.93 | 9.71% | 16.67% |
| Saskatchewan | $32,000.00 | $5,340.29 | $26,659.71 | 9.73% | 16.69% |
| Quebec | $32,000.00 | $5,577.22 | $26,422.78 | 9.91% | 17.43% |
| Manitoba | $32,000.00 | $5,666.93 | $26,333.07 | 10.75% | 17.71% |
| Prince Edward Island | $32,000.00 | $5,702.44 | $26,297.56 | 10.86% | 17.82% |
| New Brunswick | $32,000.00 | $5,728.21 | $26,271.79 | 10.94% | 17.9% |
| Newfoundland and Labrador | $32,000.00 | $5,804.77 | $26,195.23 | 11.18% | 18.14% |
| Nova Scotia | $32,000.00 | $5,948.67 | $26,051.33 | 11.63% | 18.59% |
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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