2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$46,350.00
Salary
$46,350.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$9,250.18
Federal Tax
$3,934.27
Provincial Tax
$1,996.92
CPP Contributions
$2,549.58
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$769.41
Net Pay
$37,099.82
Marginal Tax Rate
18.65%
Average Tax Rate
12.8%
Comprehensive Deduction Rate
19.96%
Monthly Salary
Total Income
$3,862.50
Salary
$3,862.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$770.85
Federal Tax
$327.86
Provincial Tax
$166.41
CPP Contributions
$212.47
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$64.12
Net Pay
$3,091.65
Marginal Tax Rate
18.65%
Average Tax Rate
12.8%
Comprehensive Deduction Rate
19.96%
Biweekly Salary
Total Income
$1,782.69
Salary
$1,782.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$355.78
Federal Tax
$151.32
Provincial Tax
$76.80
CPP Contributions
$98.06
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$29.59
Net Pay
$1,426.92
Marginal Tax Rate
18.65%
Average Tax Rate
12.8%
Comprehensive Deduction Rate
19.96%
Weekly Salary
Total Income
$891.35
Salary
$891.35
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$177.89
Federal Tax
$75.66
Provincial Tax
$38.40
CPP Contributions
$49.03
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$14.80
Net Pay
$713.46
Marginal Tax Rate
18.65%
Average Tax Rate
12.8%
Comprehensive Deduction Rate
19.96%
Daily Salary
Total Income
$178.27
Salary
$178.27
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$35.58
Federal Tax
$15.13
Provincial Tax
$7.68
CPP Contributions
$9.81
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.96
Net Pay
$142.69
Marginal Tax Rate
18.65%
Average Tax Rate
12.8%
Comprehensive Deduction Rate
19.96%
Hourly Salary
Total Income
$23.77
Salary
$23.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$4.74
Federal Tax
$2.02
Provincial Tax
$1.02
CPP Contributions
$1.31
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.39
Net Pay
$19.03
Marginal Tax Rate
18.65%
Average Tax Rate
12.8%
Comprehensive Deduction Rate
19.96%
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
$46,350.00
Total Deductions
$8,223.82
Net Pay
$38,126.18
Average Tax Rate
10.58%
Comprehensive Deduction Rate
17.74%
Total Income
$46,350.00
Total Deductions
$8,767.08
Net Pay
$37,582.92
Average Tax Rate
11.75%
Comprehensive Deduction Rate
18.91%
Total Income
$46,350.00
Total Deductions
$8,794.08
Net Pay
$37,555.92
Average Tax Rate
11.81%
Comprehensive Deduction Rate
18.97%
Total Income
$46,350.00
Total Deductions
$8,910.41
Net Pay
$37,439.59
Average Tax Rate
12.06%
Comprehensive Deduction Rate
19.22%
Total Income
$46,350.00
Total Deductions
$9,250.18
Net Pay
$37,099.82
Average Tax Rate
12.8%
Comprehensive Deduction Rate
19.96%
Total Income
$46,350.00
Total Deductions
$9,367.86
Net Pay
$36,982.14
Average Tax Rate
13.05%
Comprehensive Deduction Rate
20.21%
Total Income
$46,350.00
Total Deductions
$9,829.96
Net Pay
$36,520.04
Average Tax Rate
14.05%
Comprehensive Deduction Rate
21.21%
Total Income
$46,350.00
Total Deductions
$10,072.03
Net Pay
$36,277.97
Average Tax Rate
14.57%
Comprehensive Deduction Rate
21.73%
Total Income
$46,350.00
Total Deductions
$10,196.37
Net Pay
$36,153.63
Average Tax Rate
14.84%
Comprehensive Deduction Rate
22%
Total Income
$46,350.00
Total Deductions
$10,239.09
Net Pay
$36,110.91
Average Tax Rate
14.93%
Comprehensive Deduction Rate
22.09%
Total Income
$46,350.00
Total Deductions
$10,421.28
Net Pay
$35,928.72
Average Tax Rate
14.75%
Comprehensive Deduction Rate
22.48%
Total Income
$46,350.00
Total Deductions
$10,622.51
Net Pay
$35,727.49
Average Tax Rate
15.76%
Comprehensive Deduction Rate
22.92%
Total Income
$46,350.00
Total Deductions
$11,171.27
Net Pay
$35,178.73
Average Tax Rate
16.94%
Comprehensive Deduction Rate
24.1%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $46,350.00 | $8,223.82 | $38,126.18 | 10.58% | 17.74% |
| Northwest Territories | $46,350.00 | $8,767.08 | $37,582.92 | 11.75% | 18.91% |
| British Columbia | $46,350.00 | $8,794.08 | $37,555.92 | 11.81% | 18.97% |
| Yukon | $46,350.00 | $8,910.41 | $37,439.59 | 12.06% | 19.22% |
| Ontario | $46,350.00 | $9,250.18 | $37,099.82 | 12.8% | 19.96% |
| Alberta | $46,350.00 | $9,367.86 | $36,982.14 | 13.05% | 20.21% |
| Saskatchewan | $46,350.00 | $9,829.96 | $36,520.04 | 14.05% | 21.21% |
| New Brunswick | $46,350.00 | $10,072.03 | $36,277.97 | 14.57% | 21.73% |
| Manitoba | $46,350.00 | $10,196.37 | $36,153.63 | 14.84% | 22% |
| Newfoundland and Labrador | $46,350.00 | $10,239.09 | $36,110.91 | 14.93% | 22.09% |
| Quebec | $46,350.00 | $10,421.28 | $35,928.72 | 14.75% | 22.48% |
| Prince Edward Island | $46,350.00 | $10,622.51 | $35,727.49 | 15.76% | 22.92% |
| Nova Scotia | $46,350.00 | $11,171.27 | $35,178.73 | 16.94% | 24.1% |
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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