2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$23,029.76
Salary
$23,029.76
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,746.87
Federal Tax
$675.05
Provincial Tax
$527.51
CPP Contributions
$1,162.02
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$382.29
Net Pay
$20,282.89
Marginal Tax Rate
29.32%
Average Tax Rate
5.22%
Comprehensive Deduction Rate
11.93%
Monthly Salary
Total Income
$1,919.15
Salary
$1,919.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$228.91
Federal Tax
$56.25
Provincial Tax
$43.96
CPP Contributions
$96.84
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$31.86
Net Pay
$1,690.24
Marginal Tax Rate
29.32%
Average Tax Rate
5.22%
Comprehensive Deduction Rate
11.93%
Biweekly Salary
Total Income
$885.76
Salary
$885.76
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$105.65
Federal Tax
$25.96
Provincial Tax
$20.29
CPP Contributions
$44.69
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$14.70
Net Pay
$780.11
Marginal Tax Rate
29.32%
Average Tax Rate
5.22%
Comprehensive Deduction Rate
11.93%
Weekly Salary
Total Income
$442.88
Salary
$442.88
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$52.82
Federal Tax
$12.98
Provincial Tax
$10.14
CPP Contributions
$22.35
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$7.35
Net Pay
$390.06
Marginal Tax Rate
29.32%
Average Tax Rate
5.22%
Comprehensive Deduction Rate
11.93%
Daily Salary
Total Income
$88.58
Salary
$88.58
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$10.56
Federal Tax
$2.60
Provincial Tax
$2.03
CPP Contributions
$4.47
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.47
Net Pay
$78.01
Marginal Tax Rate
29.32%
Average Tax Rate
5.22%
Comprehensive Deduction Rate
11.93%
Hourly Salary
Total Income
$11.81
Salary
$11.81
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1.41
Federal Tax
$0.35
Provincial Tax
$0.27
CPP Contributions
$0.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.20
Net Pay
$10.40
Marginal Tax Rate
29.32%
Average Tax Rate
5.22%
Comprehensive Deduction Rate
11.93%
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
$23,029.76
Total Deductions
$2,219.36
Net Pay
$20,810.40
Average Tax Rate
2.93%
Comprehensive Deduction Rate
9.64%
Total Income
$23,029.76
Total Deductions
$2,219.36
Net Pay
$20,810.40
Average Tax Rate
2.93%
Comprehensive Deduction Rate
9.64%
Total Income
$23,029.76
Total Deductions
$2,328.10
Net Pay
$20,701.66
Average Tax Rate
3.4%
Comprehensive Deduction Rate
10.11%
Total Income
$23,029.76
Total Deductions
$2,462.00
Net Pay
$20,567.76
Average Tax Rate
3.98%
Comprehensive Deduction Rate
10.69%
Total Income
$23,029.76
Total Deductions
$2,497.59
Net Pay
$20,532.17
Average Tax Rate
4.14%
Comprehensive Deduction Rate
10.85%
Total Income
$23,029.76
Total Deductions
$2,533.77
Net Pay
$20,495.99
Average Tax Rate
4.3%
Comprehensive Deduction Rate
11%
Total Income
$23,029.76
Total Deductions
$2,549.17
Net Pay
$20,480.59
Average Tax Rate
3.83%
Comprehensive Deduction Rate
11.07%
Total Income
$23,029.76
Total Deductions
$2,746.87
Net Pay
$20,282.89
Average Tax Rate
5.22%
Comprehensive Deduction Rate
11.93%
Total Income
$23,029.76
Total Deductions
$2,835.54
Net Pay
$20,194.22
Average Tax Rate
5.61%
Comprehensive Deduction Rate
12.31%
Total Income
$23,029.76
Total Deductions
$2,967.39
Net Pay
$20,062.37
Average Tax Rate
6.18%
Comprehensive Deduction Rate
12.89%
Total Income
$23,029.76
Total Deductions
$3,012.85
Net Pay
$20,016.91
Average Tax Rate
6.38%
Comprehensive Deduction Rate
13.08%
Total Income
$23,029.76
Total Deductions
$3,098.76
Net Pay
$19,931.00
Average Tax Rate
6.75%
Comprehensive Deduction Rate
13.46%
Total Income
$23,029.76
Total Deductions
$3,147.43
Net Pay
$19,882.33
Average Tax Rate
6.96%
Comprehensive Deduction Rate
13.67%
Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
---|---|---|---|---|---|
Alberta | $23,029.76 | $2,219.36 | $20,810.40 | 2.93% | 9.64% |
British Columbia | $23,029.76 | $2,219.36 | $20,810.40 | 2.93% | 9.64% |
Nunavut | $23,029.76 | $2,328.10 | $20,701.66 | 3.4% | 10.11% |
Northwest Territories | $23,029.76 | $2,462.00 | $20,567.76 | 3.98% | 10.69% |
Yukon | $23,029.76 | $2,497.59 | $20,532.17 | 4.14% | 10.85% |
Saskatchewan | $23,029.76 | $2,533.77 | $20,495.99 | 4.3% | 11% |
Quebec | $23,029.76 | $2,549.17 | $20,480.59 | 3.83% | 11.07% |
Ontario | $23,029.76 | $2,746.87 | $20,282.89 | 5.22% | 11.93% |
Manitoba | $23,029.76 | $2,835.54 | $20,194.22 | 5.61% | 12.31% |
Prince Edward Island | $23,029.76 | $2,967.39 | $20,062.37 | 6.18% | 12.89% |
New Brunswick | $23,029.76 | $3,012.85 | $20,016.91 | 6.38% | 13.08% |
Nova Scotia | $23,029.76 | $3,098.76 | $19,931.00 | 6.75% | 13.46% |
Newfoundland and Labrador | $23,029.76 | $3,147.43 | $19,882.33 | 6.96% | 13.67% |
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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