2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$68,499.96
Salary
$68,499.96
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$16,624.36
Federal Tax
$7,799.99
Provincial Tax
$3,907.75
CPP Contributions
$3,867.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$51,875.60
Marginal Tax Rate
29.65%
Average Tax Rate
17.09%
Comprehensive Deduction Rate
24.27%
Monthly Salary
Total Income
$5,708.33
Salary
$5,708.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,385.36
Federal Tax
$650.00
Provincial Tax
$325.65
CPP Contributions
$322.29
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$4,322.97
Marginal Tax Rate
29.65%
Average Tax Rate
17.09%
Comprehensive Deduction Rate
24.27%
Biweekly Salary
Total Income
$2,634.61
Salary
$2,634.61
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$639.40
Federal Tax
$300.00
Provincial Tax
$150.30
CPP Contributions
$148.75
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$1,995.22
Marginal Tax Rate
29.65%
Average Tax Rate
17.09%
Comprehensive Deduction Rate
24.27%
Weekly Salary
Total Income
$1,317.31
Salary
$1,317.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$319.70
Federal Tax
$150.00
Provincial Tax
$75.15
CPP Contributions
$74.38
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$997.61
Marginal Tax Rate
29.65%
Average Tax Rate
17.09%
Comprehensive Deduction Rate
24.27%
Daily Salary
Total Income
$263.46
Salary
$263.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$63.94
Federal Tax
$30.00
Provincial Tax
$15.03
CPP Contributions
$14.88
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$199.52
Marginal Tax Rate
29.65%
Average Tax Rate
17.09%
Comprehensive Deduction Rate
24.27%
Hourly Salary
Total Income
$35.13
Salary
$35.13
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$8.53
Federal Tax
$4.00
Provincial Tax
$2.00
CPP Contributions
$1.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$26.60
Marginal Tax Rate
29.65%
Average Tax Rate
17.09%
Comprehensive Deduction Rate
24.27%
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
$68,499.96
Total Deductions
$14,984.83
Net Pay
$53,515.13
Average Tax Rate
14.7%
Comprehensive Deduction Rate
21.88%
Total Income
$68,499.96
Total Deductions
$15,863.26
Net Pay
$52,636.70
Average Tax Rate
15.98%
Comprehensive Deduction Rate
23.16%
Total Income
$68,499.96
Total Deductions
$15,953.90
Net Pay
$52,546.06
Average Tax Rate
16.11%
Comprehensive Deduction Rate
23.29%
Total Income
$68,499.96
Total Deductions
$16,046.82
Net Pay
$52,453.14
Average Tax Rate
16.25%
Comprehensive Deduction Rate
23.43%
Total Income
$68,499.96
Total Deductions
$16,624.36
Net Pay
$51,875.60
Average Tax Rate
17.09%
Comprehensive Deduction Rate
24.27%
Total Income
$68,499.96
Total Deductions
$16,932.86
Net Pay
$51,567.10
Average Tax Rate
17.54%
Comprehensive Deduction Rate
24.72%
Total Income
$68,499.96
Total Deductions
$17,829.03
Net Pay
$50,670.93
Average Tax Rate
18.85%
Comprehensive Deduction Rate
26.03%
Total Income
$68,499.96
Total Deductions
$18,348.24
Net Pay
$50,151.72
Average Tax Rate
19.61%
Comprehensive Deduction Rate
26.79%
Total Income
$68,499.96
Total Deductions
$18,363.92
Net Pay
$50,136.04
Average Tax Rate
19.63%
Comprehensive Deduction Rate
26.81%
Total Income
$68,499.96
Total Deductions
$18,815.56
Net Pay
$49,684.40
Average Tax Rate
20.29%
Comprehensive Deduction Rate
27.47%
Total Income
$68,499.96
Total Deductions
$19,120.50
Net Pay
$49,379.46
Average Tax Rate
20.74%
Comprehensive Deduction Rate
27.91%
Total Income
$68,499.96
Total Deductions
$19,280.27
Net Pay
$49,219.69
Average Tax Rate
20.36%
Comprehensive Deduction Rate
28.15%
Total Income
$68,499.96
Total Deductions
$20,123.41
Net Pay
$48,376.55
Average Tax Rate
22.2%
Comprehensive Deduction Rate
29.38%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $68,499.96 | $14,984.83 | $53,515.13 | 14.7% | 21.88% |
| British Columbia | $68,499.96 | $15,863.26 | $52,636.70 | 15.98% | 23.16% |
| Northwest Territories | $68,499.96 | $15,953.90 | $52,546.06 | 16.11% | 23.29% |
| Yukon | $68,499.96 | $16,046.82 | $52,453.14 | 16.25% | 23.43% |
| Ontario | $68,499.96 | $16,624.36 | $51,875.60 | 17.09% | 24.27% |
| Alberta | $68,499.96 | $16,932.86 | $51,567.10 | 17.54% | 24.72% |
| Saskatchewan | $68,499.96 | $17,829.03 | $50,670.93 | 18.85% | 26.03% |
| Manitoba | $68,499.96 | $18,348.24 | $50,151.72 | 19.61% | 26.79% |
| New Brunswick | $68,499.96 | $18,363.92 | $50,136.04 | 19.63% | 26.81% |
| Newfoundland and Labrador | $68,499.96 | $18,815.56 | $49,684.40 | 20.29% | 27.47% |
| Prince Edward Island | $68,499.96 | $19,120.50 | $49,379.46 | 20.74% | 27.91% |
| Quebec | $68,499.96 | $19,280.27 | $49,219.69 | 20.36% | 28.15% |
| Nova Scotia | $68,499.96 | $20,123.41 | $48,376.55 | 22.2% | 29.38% |
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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