2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$60,180.00
Salary
$60,180.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$13,635.33
Federal Tax
$6,110.98
Provincial Tax
$3,152.90
CPP Contributions
$3,372.46
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$998.99
Net Pay
$46,544.67
Marginal Tax Rate
28.58%
Average Tax Rate
15.39%
Comprehensive Deduction Rate
22.66%
Monthly Salary
Total Income
$5,015.00
Salary
$5,015.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,136.28
Federal Tax
$509.25
Provincial Tax
$262.74
CPP Contributions
$281.04
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$83.25
Net Pay
$3,878.72
Marginal Tax Rate
28.58%
Average Tax Rate
15.39%
Comprehensive Deduction Rate
22.66%
Biweekly Salary
Total Income
$2,314.62
Salary
$2,314.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$524.44
Federal Tax
$235.04
Provincial Tax
$121.27
CPP Contributions
$129.71
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$38.42
Net Pay
$1,790.18
Marginal Tax Rate
28.58%
Average Tax Rate
15.39%
Comprehensive Deduction Rate
22.66%
Weekly Salary
Total Income
$1,157.31
Salary
$1,157.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$262.22
Federal Tax
$117.52
Provincial Tax
$60.63
CPP Contributions
$64.86
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.21
Net Pay
$895.09
Marginal Tax Rate
28.58%
Average Tax Rate
15.39%
Comprehensive Deduction Rate
22.66%
Daily Salary
Total Income
$231.46
Salary
$231.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$52.44
Federal Tax
$23.50
Provincial Tax
$12.13
CPP Contributions
$12.97
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.84
Net Pay
$179.02
Marginal Tax Rate
28.58%
Average Tax Rate
15.39%
Comprehensive Deduction Rate
22.66%
Hourly Salary
Total Income
$30.86
Salary
$30.86
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$6.99
Federal Tax
$3.13
Provincial Tax
$1.62
CPP Contributions
$1.73
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.51
Net Pay
$23.87
Marginal Tax Rate
28.58%
Average Tax Rate
15.39%
Comprehensive Deduction Rate
22.66%
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
$60,180.00
Total Deductions
$12,173.34
Net Pay
$48,006.66
Average Tax Rate
12.96%
Comprehensive Deduction Rate
20.23%
Total Income
$60,180.00
Total Deductions
$12,994.88
Net Pay
$47,185.12
Average Tax Rate
14.33%
Comprehensive Deduction Rate
21.59%
Total Income
$60,180.00
Total Deductions
$13,011.71
Net Pay
$47,168.29
Average Tax Rate
14.36%
Comprehensive Deduction Rate
21.62%
Total Income
$60,180.00
Total Deductions
$13,071.99
Net Pay
$47,108.01
Average Tax Rate
14.46%
Comprehensive Deduction Rate
21.72%
Total Income
$60,180.00
Total Deductions
$13,635.33
Net Pay
$46,544.67
Average Tax Rate
15.39%
Comprehensive Deduction Rate
22.66%
Total Income
$60,180.00
Total Deductions
$13,879.41
Net Pay
$46,300.59
Average Tax Rate
15.8%
Comprehensive Deduction Rate
23.06%
Total Income
$60,180.00
Total Deductions
$14,568.22
Net Pay
$45,611.78
Average Tax Rate
16.94%
Comprehensive Deduction Rate
24.21%
Total Income
$60,180.00
Total Deductions
$14,976.92
Net Pay
$45,203.08
Average Tax Rate
17.62%
Comprehensive Deduction Rate
24.89%
Total Income
$60,180.00
Total Deductions
$15,067.02
Net Pay
$45,112.98
Average Tax Rate
17.77%
Comprehensive Deduction Rate
25.04%
Total Income
$60,180.00
Total Deductions
$15,386.07
Net Pay
$44,793.93
Average Tax Rate
18.3%
Comprehensive Deduction Rate
25.57%
Total Income
$60,180.00
Total Deductions
$15,638.09
Net Pay
$44,541.91
Average Tax Rate
18.72%
Comprehensive Deduction Rate
25.99%
Total Income
$60,180.00
Total Deductions
$15,667.19
Net Pay
$44,512.81
Average Tax Rate
18.19%
Comprehensive Deduction Rate
26.03%
Total Income
$60,180.00
Total Deductions
$16,469.61
Net Pay
$43,710.39
Average Tax Rate
20.1%
Comprehensive Deduction Rate
27.37%
Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
---|---|---|---|---|---|
Nunavut | $60,180.00 | $12,173.34 | $48,006.66 | 12.96% | 20.23% |
British Columbia | $60,180.00 | $12,994.88 | $47,185.12 | 14.33% | 21.59% |
Northwest Territories | $60,180.00 | $13,011.71 | $47,168.29 | 14.36% | 21.62% |
Yukon | $60,180.00 | $13,071.99 | $47,108.01 | 14.46% | 21.72% |
Ontario | $60,180.00 | $13,635.33 | $46,544.67 | 15.39% | 22.66% |
Alberta | $60,180.00 | $13,879.41 | $46,300.59 | 15.8% | 23.06% |
Saskatchewan | $60,180.00 | $14,568.22 | $45,611.78 | 16.94% | 24.21% |
New Brunswick | $60,180.00 | $14,976.92 | $45,203.08 | 17.62% | 24.89% |
Manitoba | $60,180.00 | $15,067.02 | $45,112.98 | 17.77% | 25.04% |
Newfoundland and Labrador | $60,180.00 | $15,386.07 | $44,793.93 | 18.3% | 25.57% |
Prince Edward Island | $60,180.00 | $15,638.09 | $44,541.91 | 18.72% | 25.99% |
Quebec | $60,180.00 | $15,667.19 | $44,512.81 | 18.19% | 26.03% |
Nova Scotia | $60,180.00 | $16,469.61 | $43,710.39 | 20.1% | 27.37% |
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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