2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$24,004.76
Salary
$24,004.76
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,106.84
Federal Tax
$811.32
Provincial Tax
$677.01
CPP Contributions
$1,220.03
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$398.48
Net Pay
$20,897.92
Marginal Tax Rate
29.29%
Average Tax Rate
6.2%
Comprehensive Deduction Rate
12.94%
Monthly Salary
Total Income
$2,000.40
Salary
$2,000.40
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$258.90
Federal Tax
$67.61
Provincial Tax
$56.42
CPP Contributions
$101.67
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$33.21
Net Pay
$1,741.49
Marginal Tax Rate
29.29%
Average Tax Rate
6.2%
Comprehensive Deduction Rate
12.94%
Biweekly Salary
Total Income
$923.26
Salary
$923.26
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$119.49
Federal Tax
$31.20
Provincial Tax
$26.04
CPP Contributions
$46.92
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$15.33
Net Pay
$803.77
Marginal Tax Rate
29.29%
Average Tax Rate
6.2%
Comprehensive Deduction Rate
12.94%
Weekly Salary
Total Income
$461.63
Salary
$461.63
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$59.75
Federal Tax
$15.60
Provincial Tax
$13.02
CPP Contributions
$23.46
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$7.66
Net Pay
$401.88
Marginal Tax Rate
29.29%
Average Tax Rate
6.2%
Comprehensive Deduction Rate
12.94%
Daily Salary
Total Income
$92.33
Salary
$92.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$11.95
Federal Tax
$3.12
Provincial Tax
$2.60
CPP Contributions
$4.69
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.53
Net Pay
$80.38
Marginal Tax Rate
29.29%
Average Tax Rate
6.2%
Comprehensive Deduction Rate
12.94%
Hourly Salary
Total Income
$12.31
Salary
$12.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1.59
Federal Tax
$0.42
Provincial Tax
$0.35
CPP Contributions
$0.63
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.20
Net Pay
$10.72
Marginal Tax Rate
29.29%
Average Tax Rate
6.2%
Comprehensive Deduction Rate
12.94%
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
$24,004.76
Total Deductions
$2,429.83
Net Pay
$21,574.93
Average Tax Rate
3.38%
Comprehensive Deduction Rate
10.12%
Total Income
$24,004.76
Total Deductions
$2,479.96
Net Pay
$21,524.80
Average Tax Rate
3.59%
Comprehensive Deduction Rate
10.33%
Total Income
$24,004.76
Total Deductions
$2,574.60
Net Pay
$21,430.16
Average Tax Rate
3.98%
Comprehensive Deduction Rate
10.73%
Total Income
$24,004.76
Total Deductions
$2,725.61
Net Pay
$21,279.15
Average Tax Rate
4.61%
Comprehensive Deduction Rate
11.35%
Total Income
$24,004.76
Total Deductions
$2,765.72
Net Pay
$21,239.04
Average Tax Rate
4.78%
Comprehensive Deduction Rate
11.52%
Total Income
$24,004.76
Total Deductions
$2,838.83
Net Pay
$21,165.93
Average Tax Rate
5.08%
Comprehensive Deduction Rate
11.83%
Total Income
$24,004.76
Total Deductions
$2,878.29
Net Pay
$21,126.47
Average Tax Rate
4.71%
Comprehensive Deduction Rate
11.99%
Total Income
$24,004.76
Total Deductions
$3,106.84
Net Pay
$20,897.92
Average Tax Rate
6.2%
Comprehensive Deduction Rate
12.94%
Total Income
$24,004.76
Total Deductions
$3,143.30
Net Pay
$20,861.46
Average Tax Rate
6.35%
Comprehensive Deduction Rate
13.09%
Total Income
$24,004.76
Total Deductions
$3,264.68
Net Pay
$20,740.08
Average Tax Rate
6.86%
Comprehensive Deduction Rate
13.6%
Total Income
$24,004.76
Total Deductions
$3,308.00
Net Pay
$20,696.76
Average Tax Rate
7.04%
Comprehensive Deduction Rate
13.78%
Total Income
$24,004.76
Total Deductions
$3,388.40
Net Pay
$20,616.36
Average Tax Rate
7.37%
Comprehensive Deduction Rate
14.12%
Total Income
$24,004.76
Total Deductions
$3,436.26
Net Pay
$20,568.50
Average Tax Rate
7.57%
Comprehensive Deduction Rate
14.31%
Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
---|---|---|---|---|---|
British Columbia | $24,004.76 | $2,429.83 | $21,574.93 | 3.38% | 10.12% |
Alberta | $24,004.76 | $2,479.96 | $21,524.80 | 3.59% | 10.33% |
Nunavut | $24,004.76 | $2,574.60 | $21,430.16 | 3.98% | 10.73% |
Northwest Territories | $24,004.76 | $2,725.61 | $21,279.15 | 4.61% | 11.35% |
Yukon | $24,004.76 | $2,765.72 | $21,239.04 | 4.78% | 11.52% |
Saskatchewan | $24,004.76 | $2,838.83 | $21,165.93 | 5.08% | 11.83% |
Quebec | $24,004.76 | $2,878.29 | $21,126.47 | 4.71% | 11.99% |
Ontario | $24,004.76 | $3,106.84 | $20,897.92 | 6.2% | 12.94% |
Manitoba | $24,004.76 | $3,143.30 | $20,861.46 | 6.35% | 13.09% |
Prince Edward Island | $24,004.76 | $3,264.68 | $20,740.08 | 6.86% | 13.6% |
New Brunswick | $24,004.76 | $3,308.00 | $20,696.76 | 7.04% | 13.78% |
Nova Scotia | $24,004.76 | $3,388.40 | $20,616.36 | 7.37% | 14.12% |
Newfoundland and Labrador | $24,004.76 | $3,436.26 | $20,568.50 | 7.57% | 14.31% |
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.
Jobs in Ontario
Paladin Security
-
109 Jobs
Grand Bend, ON
$21.64 / hour
Seasonal
10 days ago
Eastlink
-
27 Jobs
Timmins, ON
$17.30 / hour
Full-time
8 days ago
Paladin Security
-
109 Jobs
Newmarket, ON
$19.50 / hour
Full-time
5 days ago