2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$26,325.00
Salary
$26,325.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,843.29
Federal Tax
$1,135.59
Provincial Tax
$912.61
CPP Contributions
$1,358.09
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$437.00
Net Pay
$22,481.71
Marginal Tax Rate
18.64%
Average Tax Rate
7.78%
Comprehensive Deduction Rate
14.6%
Monthly Salary
Total Income
$2,193.75
Salary
$2,193.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$320.27
Federal Tax
$94.63
Provincial Tax
$76.05
CPP Contributions
$113.17
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$36.42
Net Pay
$1,873.48
Marginal Tax Rate
18.64%
Average Tax Rate
7.78%
Comprehensive Deduction Rate
14.6%
Biweekly Salary
Total Income
$1,012.50
Salary
$1,012.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$147.82
Federal Tax
$43.68
Provincial Tax
$35.10
CPP Contributions
$52.23
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$16.81
Net Pay
$864.68
Marginal Tax Rate
18.64%
Average Tax Rate
7.78%
Comprehensive Deduction Rate
14.6%
Weekly Salary
Total Income
$506.25
Salary
$506.25
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$73.91
Federal Tax
$21.84
Provincial Tax
$17.55
CPP Contributions
$26.12
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$8.40
Net Pay
$432.34
Marginal Tax Rate
18.64%
Average Tax Rate
7.78%
Comprehensive Deduction Rate
14.6%
Daily Salary
Total Income
$101.25
Salary
$101.25
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$14.78
Federal Tax
$4.37
Provincial Tax
$3.51
CPP Contributions
$5.22
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.68
Net Pay
$86.47
Marginal Tax Rate
18.64%
Average Tax Rate
7.78%
Comprehensive Deduction Rate
14.6%
Hourly Salary
Total Income
$13.50
Salary
$13.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1.97
Federal Tax
$0.58
Provincial Tax
$0.47
CPP Contributions
$0.70
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.22
Net Pay
$11.53
Marginal Tax Rate
18.64%
Average Tax Rate
7.78%
Comprehensive Deduction Rate
14.6%
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
$26,325.00
Total Deductions
$3,059.09
Net Pay
$23,265.91
Average Tax Rate
4.8%
Comprehensive Deduction Rate
11.62%
Total Income
$26,325.00
Total Deductions
$3,161.20
Net Pay
$23,163.80
Average Tax Rate
5.19%
Comprehensive Deduction Rate
12.01%
Total Income
$26,325.00
Total Deductions
$3,195.17
Net Pay
$23,129.83
Average Tax Rate
5.32%
Comprehensive Deduction Rate
12.14%
Total Income
$26,325.00
Total Deductions
$3,352.94
Net Pay
$22,972.06
Average Tax Rate
5.92%
Comprehensive Deduction Rate
12.74%
Total Income
$26,325.00
Total Deductions
$3,403.76
Net Pay
$22,921.24
Average Tax Rate
6.11%
Comprehensive Deduction Rate
12.93%
Total Income
$26,325.00
Total Deductions
$3,564.77
Net Pay
$22,760.23
Average Tax Rate
6.72%
Comprehensive Deduction Rate
13.54%
Total Income
$26,325.00
Total Deductions
$3,661.54
Net Pay
$22,663.46
Average Tax Rate
6.55%
Comprehensive Deduction Rate
13.91%
Total Income
$26,325.00
Total Deductions
$3,843.29
Net Pay
$22,481.71
Average Tax Rate
7.78%
Comprehensive Deduction Rate
14.6%
Total Income
$26,325.00
Total Deductions
$3,875.67
Net Pay
$22,449.33
Average Tax Rate
7.9%
Comprehensive Deduction Rate
14.72%
Total Income
$26,325.00
Total Deductions
$3,972.12
Net Pay
$22,352.88
Average Tax Rate
8.27%
Comprehensive Deduction Rate
15.09%
Total Income
$26,325.00
Total Deductions
$4,010.35
Net Pay
$22,314.65
Average Tax Rate
8.42%
Comprehensive Deduction Rate
15.23%
Total Income
$26,325.00
Total Deductions
$4,084.67
Net Pay
$22,240.33
Average Tax Rate
8.7%
Comprehensive Deduction Rate
15.52%
Total Income
$26,325.00
Total Deductions
$4,123.62
Net Pay
$22,201.38
Average Tax Rate
8.85%
Comprehensive Deduction Rate
15.66%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| British Columbia | $26,325.00 | $3,059.09 | $23,265.91 | 4.8% | 11.62% |
| Nunavut | $26,325.00 | $3,161.20 | $23,163.80 | 5.19% | 12.01% |
| Alberta | $26,325.00 | $3,195.17 | $23,129.83 | 5.32% | 12.14% |
| Northwest Territories | $26,325.00 | $3,352.94 | $22,972.06 | 5.92% | 12.74% |
| Yukon | $26,325.00 | $3,403.76 | $22,921.24 | 6.11% | 12.93% |
| Saskatchewan | $26,325.00 | $3,564.77 | $22,760.23 | 6.72% | 13.54% |
| Quebec | $26,325.00 | $3,661.54 | $22,663.46 | 6.55% | 13.91% |
| Ontario | $26,325.00 | $3,843.29 | $22,481.71 | 7.78% | 14.6% |
| Manitoba | $26,325.00 | $3,875.67 | $22,449.33 | 7.9% | 14.72% |
| Prince Edward Island | $26,325.00 | $3,972.12 | $22,352.88 | 8.27% | 15.09% |
| New Brunswick | $26,325.00 | $4,010.35 | $22,314.65 | 8.42% | 15.23% |
| Nova Scotia | $26,325.00 | $4,084.67 | $22,240.33 | 8.7% | 15.52% |
| Newfoundland and Labrador | $26,325.00 | $4,123.62 | $22,201.38 | 8.85% | 15.66% |
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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