2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$41,137.20
Salary
$41,137.20
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$7,881.73
Federal Tax
$3,205.74
Provincial Tax
$1,753.70
CPP Contributions
$2,239.41
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$682.88
Net Pay
$33,255.47
Marginal Tax Rate
18.64%
Average Tax Rate
12.06%
Comprehensive Deduction Rate
19.16%
Monthly Salary
Total Income
$3,428.10
Salary
$3,428.10
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$656.81
Federal Tax
$267.15
Provincial Tax
$146.14
CPP Contributions
$186.62
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$56.91
Net Pay
$2,771.29
Marginal Tax Rate
18.64%
Average Tax Rate
12.06%
Comprehensive Deduction Rate
19.16%
Biweekly Salary
Total Income
$1,582.20
Salary
$1,582.20
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$303.14
Federal Tax
$123.30
Provincial Tax
$67.45
CPP Contributions
$86.13
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$26.26
Net Pay
$1,279.06
Marginal Tax Rate
18.64%
Average Tax Rate
12.06%
Comprehensive Deduction Rate
19.16%
Weekly Salary
Total Income
$791.10
Salary
$791.10
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$151.57
Federal Tax
$61.65
Provincial Tax
$33.73
CPP Contributions
$43.07
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$13.13
Net Pay
$639.53
Marginal Tax Rate
18.64%
Average Tax Rate
12.06%
Comprehensive Deduction Rate
19.16%
Daily Salary
Total Income
$158.22
Salary
$158.22
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$30.31
Federal Tax
$12.33
Provincial Tax
$6.75
CPP Contributions
$8.61
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.63
Net Pay
$127.91
Marginal Tax Rate
18.64%
Average Tax Rate
12.06%
Comprehensive Deduction Rate
19.16%
Hourly Salary
Total Income
$21.10
Salary
$21.10
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$4.04
Federal Tax
$1.64
Provincial Tax
$0.90
CPP Contributions
$1.15
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.35
Net Pay
$17.05
Marginal Tax Rate
18.64%
Average Tax Rate
12.06%
Comprehensive Deduction Rate
19.16%
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
$41,137.20
Total Deductions
$6,905.95
Net Pay
$34,231.25
Average Tax Rate
9.68%
Comprehensive Deduction Rate
16.79%
Total Income
$41,137.20
Total Deductions
$7,357.69
Net Pay
$33,779.51
Average Tax Rate
10.78%
Comprehensive Deduction Rate
17.89%
Total Income
$41,137.20
Total Deductions
$7,425.15
Net Pay
$33,712.05
Average Tax Rate
10.95%
Comprehensive Deduction Rate
18.05%
Total Income
$41,137.20
Total Deductions
$7,476.95
Net Pay
$33,660.25
Average Tax Rate
11.07%
Comprehensive Deduction Rate
18.18%
Total Income
$41,137.20
Total Deductions
$7,761.02
Net Pay
$33,376.18
Average Tax Rate
11.76%
Comprehensive Deduction Rate
18.87%
Total Income
$41,137.20
Total Deductions
$7,881.73
Net Pay
$33,255.47
Average Tax Rate
12.06%
Comprehensive Deduction Rate
19.16%
Total Income
$41,137.20
Total Deductions
$8,199.04
Net Pay
$32,938.16
Average Tax Rate
12.83%
Comprehensive Deduction Rate
19.93%
Total Income
$41,137.20
Total Deductions
$8,494.09
Net Pay
$32,643.11
Average Tax Rate
13.54%
Comprehensive Deduction Rate
20.65%
Total Income
$41,137.20
Total Deductions
$8,511.56
Net Pay
$32,625.64
Average Tax Rate
13.59%
Comprehensive Deduction Rate
20.69%
Total Income
$41,137.20
Total Deductions
$8,551.00
Net Pay
$32,586.20
Average Tax Rate
13.68%
Comprehensive Deduction Rate
20.79%
Total Income
$41,137.20
Total Deductions
$8,661.63
Net Pay
$32,475.57
Average Tax Rate
13.39%
Comprehensive Deduction Rate
21.06%
Total Income
$41,137.20
Total Deductions
$8,825.65
Net Pay
$32,311.55
Average Tax Rate
14.35%
Comprehensive Deduction Rate
21.45%
Total Income
$41,137.20
Total Deductions
$9,274.10
Net Pay
$31,863.10
Average Tax Rate
15.44%
Comprehensive Deduction Rate
22.54%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $41,137.20 | $6,905.95 | $34,231.25 | 9.68% | 16.79% |
| Northwest Territories | $41,137.20 | $7,357.69 | $33,779.51 | 10.78% | 17.89% |
| British Columbia | $41,137.20 | $7,425.15 | $33,712.05 | 10.95% | 18.05% |
| Yukon | $41,137.20 | $7,476.95 | $33,660.25 | 11.07% | 18.18% |
| Alberta | $41,137.20 | $7,761.02 | $33,376.18 | 11.76% | 18.87% |
| Ontario | $41,137.20 | $7,881.73 | $33,255.47 | 12.06% | 19.16% |
| Saskatchewan | $41,137.20 | $8,199.04 | $32,938.16 | 12.83% | 19.93% |
| New Brunswick | $41,137.20 | $8,494.09 | $32,643.11 | 13.54% | 20.65% |
| Newfoundland and Labrador | $41,137.20 | $8,511.56 | $32,625.64 | 13.59% | 20.69% |
| Manitoba | $41,137.20 | $8,551.00 | $32,586.20 | 13.68% | 20.79% |
| Quebec | $41,137.20 | $8,661.63 | $32,475.57 | 13.39% | 21.06% |
| Prince Edward Island | $41,137.20 | $8,825.65 | $32,311.55 | 14.35% | 21.45% |
| Nova Scotia | $41,137.20 | $9,274.10 | $31,863.10 | 15.44% | 22.54% |
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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