2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$24,862.76
Salary
$24,862.76
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,423.58
Federal Tax
$931.23
Provincial Tax
$808.55
CPP Contributions
$1,271.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$412.72
Net Pay
$21,439.18
Marginal Tax Rate
29.3%
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
Monthly Salary
Total Income
$2,071.90
Salary
$2,071.90
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$285.30
Federal Tax
$77.60
Provincial Tax
$67.38
CPP Contributions
$105.92
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$34.39
Net Pay
$1,786.60
Marginal Tax Rate
29.3%
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
Biweekly Salary
Total Income
$956.26
Salary
$956.26
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$131.68
Federal Tax
$35.82
Provincial Tax
$31.10
CPP Contributions
$48.89
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$15.87
Net Pay
$824.58
Marginal Tax Rate
29.3%
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
Weekly Salary
Total Income
$478.13
Salary
$478.13
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$65.84
Federal Tax
$17.91
Provincial Tax
$15.55
CPP Contributions
$24.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$7.94
Net Pay
$412.29
Marginal Tax Rate
29.3%
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
Daily Salary
Total Income
$95.63
Salary
$95.63
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$13.17
Federal Tax
$3.58
Provincial Tax
$3.11
CPP Contributions
$4.89
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.59
Net Pay
$82.46
Marginal Tax Rate
29.3%
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
Hourly Salary
Total Income
$12.75
Salary
$12.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1.76
Federal Tax
$0.48
Provincial Tax
$0.41
CPP Contributions
$0.65
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.21
Net Pay
$10.99
Marginal Tax Rate
29.3%
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
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
$24,862.76
Total Deductions
$2,623.02
Net Pay
$22,239.74
Average Tax Rate
3.78%
Comprehensive Deduction Rate
10.55%
Total Income
$24,862.76
Total Deductions
$2,744.43
Net Pay
$22,118.33
Average Tax Rate
4.27%
Comprehensive Deduction Rate
11.04%
Total Income
$24,862.76
Total Deductions
$2,791.51
Net Pay
$22,071.25
Average Tax Rate
4.46%
Comprehensive Deduction Rate
11.23%
Total Income
$24,862.76
Total Deductions
$2,957.58
Net Pay
$21,905.18
Average Tax Rate
5.12%
Comprehensive Deduction Rate
11.9%
Total Income
$24,862.76
Total Deductions
$3,001.66
Net Pay
$21,861.10
Average Tax Rate
5.3%
Comprehensive Deduction Rate
12.07%
Total Income
$24,862.76
Total Deductions
$3,107.26
Net Pay
$21,755.50
Average Tax Rate
5.73%
Comprehensive Deduction Rate
12.5%
Total Income
$24,862.76
Total Deductions
$3,167.94
Net Pay
$21,694.82
Average Tax Rate
5.43%
Comprehensive Deduction Rate
12.74%
Total Income
$24,862.76
Total Deductions
$3,414.12
Net Pay
$21,448.64
Average Tax Rate
6.96%
Comprehensive Deduction Rate
13.73%
Total Income
$24,862.76
Total Deductions
$3,423.58
Net Pay
$21,439.18
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
Total Income
$24,862.76
Total Deductions
$3,526.28
Net Pay
$21,336.48
Average Tax Rate
7.41%
Comprehensive Deduction Rate
14.18%
Total Income
$24,862.76
Total Deductions
$3,567.71
Net Pay
$21,295.05
Average Tax Rate
7.58%
Comprehensive Deduction Rate
14.35%
Total Income
$24,862.76
Total Deductions
$3,643.28
Net Pay
$21,219.48
Average Tax Rate
7.88%
Comprehensive Deduction Rate
14.65%
Total Income
$24,862.76
Total Deductions
$3,690.43
Net Pay
$21,172.33
Average Tax Rate
8.07%
Comprehensive Deduction Rate
14.84%
Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
---|---|---|---|---|---|
British Columbia | $24,862.76 | $2,623.02 | $22,239.74 | 3.78% | 10.55% |
Alberta | $24,862.76 | $2,744.43 | $22,118.33 | 4.27% | 11.04% |
Nunavut | $24,862.76 | $2,791.51 | $22,071.25 | 4.46% | 11.23% |
Northwest Territories | $24,862.76 | $2,957.58 | $21,905.18 | 5.12% | 11.9% |
Yukon | $24,862.76 | $3,001.66 | $21,861.10 | 5.3% | 12.07% |
Saskatchewan | $24,862.76 | $3,107.26 | $21,755.50 | 5.73% | 12.5% |
Quebec | $24,862.76 | $3,167.94 | $21,694.82 | 5.43% | 12.74% |
Manitoba | $24,862.76 | $3,414.12 | $21,448.64 | 6.96% | 13.73% |
Ontario | $24,862.76 | $3,423.58 | $21,439.18 | 7% | 13.77% |
Prince Edward Island | $24,862.76 | $3,526.28 | $21,336.48 | 7.41% | 14.18% |
New Brunswick | $24,862.76 | $3,567.71 | $21,295.05 | 7.58% | 14.35% |
Nova Scotia | $24,862.76 | $3,643.28 | $21,219.48 | 7.88% | 14.65% |
Newfoundland and Labrador | $24,862.76 | $3,690.43 | $21,172.33 | 8.07% | 14.84% |
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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