2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$67,489.56
Salary
$67,489.56
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$16,264.64
Federal Tax
$7,592.85
Provincial Tax
$3,815.29
CPP Contributions
$3,807.38
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$51,224.92
Marginal Tax Rate
29.65%
Average Tax Rate
16.9%
Comprehensive Deduction Rate
24.1%
Monthly Salary
Total Income
$5,624.13
Salary
$5,624.13
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,355.39
Federal Tax
$632.74
Provincial Tax
$317.94
CPP Contributions
$317.28
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$4,268.74
Marginal Tax Rate
29.65%
Average Tax Rate
16.9%
Comprehensive Deduction Rate
24.1%
Biweekly Salary
Total Income
$2,595.75
Salary
$2,595.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$625.56
Federal Tax
$292.03
Provincial Tax
$146.74
CPP Contributions
$146.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$1,970.19
Marginal Tax Rate
29.65%
Average Tax Rate
16.9%
Comprehensive Deduction Rate
24.1%
Weekly Salary
Total Income
$1,297.88
Salary
$1,297.88
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$312.78
Federal Tax
$146.02
Provincial Tax
$73.37
CPP Contributions
$73.22
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$985.09
Marginal Tax Rate
29.65%
Average Tax Rate
16.9%
Comprehensive Deduction Rate
24.1%
Daily Salary
Total Income
$259.58
Salary
$259.58
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$62.56
Federal Tax
$29.20
Provincial Tax
$14.67
CPP Contributions
$14.64
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$197.02
Marginal Tax Rate
29.65%
Average Tax Rate
16.9%
Comprehensive Deduction Rate
24.1%
Hourly Salary
Total Income
$34.61
Salary
$34.61
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$8.34
Federal Tax
$3.89
Provincial Tax
$1.96
CPP Contributions
$1.95
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$26.27
Marginal Tax Rate
29.65%
Average Tax Rate
16.9%
Comprehensive Deduction Rate
24.1%
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
$67,489.56
Total Deductions
$14,646.84
Net Pay
$52,842.72
Average Tax Rate
14.51%
Comprehensive Deduction Rate
21.7%
Total Income
$67,489.56
Total Deductions
$15,518.20
Net Pay
$51,971.36
Average Tax Rate
15.8%
Comprehensive Deduction Rate
22.99%
Total Income
$67,489.56
Total Deductions
$15,599.74
Net Pay
$51,889.82
Average Tax Rate
15.92%
Comprehensive Deduction Rate
23.11%
Total Income
$67,489.56
Total Deductions
$15,688.62
Net Pay
$51,800.94
Average Tax Rate
16.05%
Comprehensive Deduction Rate
23.25%
Total Income
$67,489.56
Total Deductions
$16,264.64
Net Pay
$51,224.92
Average Tax Rate
16.9%
Comprehensive Deduction Rate
24.1%
Total Income
$67,489.56
Total Deductions
$16,564.56
Net Pay
$50,925.00
Average Tax Rate
17.35%
Comprehensive Deduction Rate
24.54%
Total Income
$67,489.56
Total Deductions
$17,435.47
Net Pay
$50,054.09
Average Tax Rate
18.64%
Comprehensive Deduction Rate
25.83%
Total Income
$67,489.56
Total Deductions
$17,952.16
Net Pay
$49,537.40
Average Tax Rate
19.4%
Comprehensive Deduction Rate
26.6%
Total Income
$67,489.56
Total Deductions
$17,955.21
Net Pay
$49,534.35
Average Tax Rate
19.41%
Comprehensive Deduction Rate
26.6%
Total Income
$67,489.56
Total Deductions
$18,401.80
Net Pay
$49,087.76
Average Tax Rate
20.07%
Comprehensive Deduction Rate
27.27%
Total Income
$67,489.56
Total Deductions
$18,685.01
Net Pay
$48,804.55
Average Tax Rate
20.49%
Comprehensive Deduction Rate
27.69%
Total Income
$67,489.56
Total Deductions
$18,846.31
Net Pay
$48,643.25
Average Tax Rate
20.13%
Comprehensive Deduction Rate
27.92%
Total Income
$67,489.56
Total Deductions
$19,682.39
Net Pay
$47,807.17
Average Tax Rate
21.97%
Comprehensive Deduction Rate
29.16%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $67,489.56 | $14,646.84 | $52,842.72 | 14.51% | 21.7% |
| British Columbia | $67,489.56 | $15,518.20 | $51,971.36 | 15.8% | 22.99% |
| Northwest Territories | $67,489.56 | $15,599.74 | $51,889.82 | 15.92% | 23.11% |
| Yukon | $67,489.56 | $15,688.62 | $51,800.94 | 16.05% | 23.25% |
| Ontario | $67,489.56 | $16,264.64 | $51,224.92 | 16.9% | 24.1% |
| Alberta | $67,489.56 | $16,564.56 | $50,925.00 | 17.35% | 24.54% |
| Saskatchewan | $67,489.56 | $17,435.47 | $50,054.09 | 18.64% | 25.83% |
| Manitoba | $67,489.56 | $17,952.16 | $49,537.40 | 19.4% | 26.6% |
| New Brunswick | $67,489.56 | $17,955.21 | $49,534.35 | 19.41% | 26.6% |
| Newfoundland and Labrador | $67,489.56 | $18,401.80 | $49,087.76 | 20.07% | 27.27% |
| Prince Edward Island | $67,489.56 | $18,685.01 | $48,804.55 | 20.49% | 27.69% |
| Quebec | $67,489.56 | $18,846.31 | $48,643.25 | 20.13% | 27.92% |
| Nova Scotia | $67,489.56 | $19,682.39 | $47,807.17 | 21.97% | 29.16% |
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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