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 $20,000.24

Salary $20,000.24

Total Deductions $1,628.46

Federal Tax $251.65

Provincial Tax $63.05

CPP Contributions $981.76

EI Premiums $332.00

Net Pay $18,371.78

Marginal Tax Rate 29.29%

Average Tax Rate 1.57%

Comprehensive Deduction Rate 8.14%

$20,000.24 a year is how much per hour?
What is the minimum wage in Ontario in 2024?

Monthly Salary

Total Income $1,666.69

Salary $1,666.69

Total Deductions $135.71

Federal Tax $20.97

Provincial Tax $5.25

CPP Contributions $81.81

EI Premiums $27.67

Net Pay $1,530.98

Marginal Tax Rate 29.29%

Average Tax Rate 1.57%

Comprehensive Deduction Rate 8.14%

$1,666.69 a month is how much per year?
What is the minimum wage in Ontario in 2024?

Biweekly Salary

Total Income $769.24

Salary $769.24

Total Deductions $62.63

Federal Tax $9.68

Provincial Tax $2.43

CPP Contributions $37.76

EI Premiums $12.77

Net Pay $706.61

Marginal Tax Rate 29.29%

Average Tax Rate 1.57%

Comprehensive Deduction Rate 8.14%

$769.24 per two weeks is how much per year?
What is the minimum wage in Ontario in 2024?

Weekly Salary

Total Income $384.62

Salary $384.62

Total Deductions $31.32

Federal Tax $4.84

Provincial Tax $1.21

CPP Contributions $18.88

EI Premiums $6.38

Net Pay $353.30

Marginal Tax Rate 29.29%

Average Tax Rate 1.57%

Comprehensive Deduction Rate 8.14%

$384.62 a week is how much per year?
What is the minimum wage in Ontario in 2024?

Daily Salary

Total Income $76.92

Salary $76.92

Total Deductions $6.26

Federal Tax $0.97

Provincial Tax $0.24

CPP Contributions $3.78

EI Premiums $1.28

Net Pay $70.66

Marginal Tax Rate 29.29%

Average Tax Rate 1.57%

Comprehensive Deduction Rate 8.14%

$76.92 a day is how much per year?
What is the minimum wage in Ontario in 2024?

Hourly Salary

Total Income $10.26

Salary $10.26

Total Deductions $0.84

Federal Tax $0.13

Provincial Tax $0.03

CPP Contributions $0.50

EI Premiums $0.17

Net Pay $9.42

Marginal Tax Rate 29.29%

Average Tax Rate 1.57%

Comprehensive Deduction Rate 8.14%

$10.26 an hour is how much per year?
What is the minimum wage in Ontario in 2024?

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

Alberta

Total Income $20,000.24

Total Deductions $1,565.41

Net Pay $18,434.83

Average Tax Rate 1.26%

Comprehensive Deduction Rate 7.83%

British Columbia

Total Income $20,000.24

Total Deductions $1,565.41

Net Pay $18,434.83

Average Tax Rate 1.26%

Comprehensive Deduction Rate 7.83%

Nunavut

Total Income $20,000.24

Total Deductions $1,565.41

Net Pay $18,434.83

Average Tax Rate 1.26%

Comprehensive Deduction Rate 7.83%

Saskatchewan

Total Income $20,000.24

Total Deductions $1,585.94

Net Pay $18,414.30

Average Tax Rate 1.36%

Comprehensive Deduction Rate 7.93%

Quebec

Total Income $20,000.24

Total Deductions $1,607.78

Net Pay $18,392.46

Average Tax Rate 0.94%

Comprehensive Deduction Rate 8.04%

Ontario

Total Income $20,000.24

Total Deductions $1,628.46

Net Pay $18,371.78

Average Tax Rate 1.57%

Comprehensive Deduction Rate 8.14%

Northwest Territories

Total Income $20,000.24

Total Deductions $1,642.90

Net Pay $18,357.34

Average Tax Rate 1.65%

Comprehensive Deduction Rate 8.21%

Yukon

Total Income $20,000.24

Total Deductions $1,664.52

Net Pay $18,335.72

Average Tax Rate 1.75%

Comprehensive Deduction Rate 8.32%

Manitoba

Total Income $20,000.24

Total Deductions $1,879.31

Net Pay $18,120.93

Average Tax Rate 2.83%

Comprehensive Deduction Rate 9.4%

Prince Edward Island

Total Income $20,000.24

Total Deductions $2,043.68

Net Pay $17,956.56

Average Tax Rate 3.65%

Comprehensive Deduction Rate 10.22%

New Brunswick

Total Income $20,000.24

Total Deductions $2,095.80

Net Pay $17,904.44

Average Tax Rate 3.91%

Comprehensive Deduction Rate 10.48%

Nova Scotia

Total Income $20,000.24

Total Deductions $2,198.77

Net Pay $17,801.47

Average Tax Rate 4.42%

Comprehensive Deduction Rate 10.99%

Newfoundland and Labrador

Total Income $20,000.24

Total Deductions $2,249.96

Net Pay $17,750.28

Average Tax Rate 4.68%

Comprehensive Deduction Rate 11.25%

Region	Total Income	Total Deductions	Net Pay	Average Tax Rate	Comprehensive Deduction Rate
Alberta	$20,000.24	$1,565.41	$18,434.83	1.26%	7.83%
British Columbia	$20,000.24	$1,565.41	$18,434.83	1.26%	7.83%
Nunavut	$20,000.24	$1,565.41	$18,434.83	1.26%	7.83%
Saskatchewan	$20,000.24	$1,585.94	$18,414.30	1.36%	7.93%
Quebec	$20,000.24	$1,607.78	$18,392.46	0.94%	8.04%
Ontario	$20,000.24	$1,628.46	$18,371.78	1.57%	8.14%
Northwest Territories	$20,000.24	$1,642.90	$18,357.34	1.65%	8.21%
Yukon	$20,000.24	$1,664.52	$18,335.72	1.75%	8.32%
Manitoba	$20,000.24	$1,879.31	$18,120.93	2.83%	9.4%
Prince Edward Island	$20,000.24	$2,043.68	$17,956.56	3.65%	10.22%
New Brunswick	$20,000.24	$2,095.80	$17,904.44	3.91%	10.48%
Nova Scotia	$20,000.24	$2,198.77	$17,801.47	4.42%	10.99%
Newfoundland and Labrador	$20,000.24	$2,249.96	$17,750.28	4.68%	11.25%

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.