2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$58,792.50
Salary
$58,792.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$13,133.27
Federal Tax
$5,837.30
Provincial Tax
$3,030.11
CPP Contributions
$3,289.90
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$975.96
Net Pay
$45,659.23
Marginal Tax Rate
28.57%
Average Tax Rate
15.08%
Comprehensive Deduction Rate
22.34%
Monthly Salary
Total Income
$4,899.38
Salary
$4,899.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,094.44
Federal Tax
$486.44
Provincial Tax
$252.51
CPP Contributions
$274.16
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$81.33
Net Pay
$3,804.94
Marginal Tax Rate
28.57%
Average Tax Rate
15.08%
Comprehensive Deduction Rate
22.34%
Biweekly Salary
Total Income
$2,261.25
Salary
$2,261.25
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$505.13
Federal Tax
$224.51
Provincial Tax
$116.54
CPP Contributions
$126.53
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$37.54
Net Pay
$1,756.12
Marginal Tax Rate
28.57%
Average Tax Rate
15.08%
Comprehensive Deduction Rate
22.34%
Weekly Salary
Total Income
$1,130.63
Salary
$1,130.63
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$252.56
Federal Tax
$112.26
Provincial Tax
$58.27
CPP Contributions
$63.27
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$18.77
Net Pay
$878.06
Marginal Tax Rate
28.57%
Average Tax Rate
15.08%
Comprehensive Deduction Rate
22.34%
Daily Salary
Total Income
$226.13
Salary
$226.13
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$50.51
Federal Tax
$22.45
Provincial Tax
$11.65
CPP Contributions
$12.65
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.75
Net Pay
$175.61
Marginal Tax Rate
28.57%
Average Tax Rate
15.08%
Comprehensive Deduction Rate
22.34%
Hourly Salary
Total Income
$30.15
Salary
$30.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$6.74
Federal Tax
$2.99
Provincial Tax
$1.55
CPP Contributions
$1.69
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.50
Net Pay
$23.41
Marginal Tax Rate
28.57%
Average Tax Rate
15.08%
Comprehensive Deduction Rate
22.34%
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
$58,792.50
Total Deductions
$11,700.25
Net Pay
$47,092.25
Average Tax Rate
12.65%
Comprehensive Deduction Rate
19.9%
Total Income
$58,792.50
Total Deductions
$12,512.95
Net Pay
$46,279.55
Average Tax Rate
14.03%
Comprehensive Deduction Rate
21.28%
Total Income
$58,792.50
Total Deductions
$12,517.99
Net Pay
$46,274.51
Average Tax Rate
14.04%
Comprehensive Deduction Rate
21.29%
Total Income
$58,792.50
Total Deductions
$12,573.13
Net Pay
$46,219.37
Average Tax Rate
14.13%
Comprehensive Deduction Rate
21.39%
Total Income
$58,792.50
Total Deductions
$13,133.27
Net Pay
$45,659.23
Average Tax Rate
15.08%
Comprehensive Deduction Rate
22.34%
Total Income
$58,792.50
Total Deductions
$13,369.65
Net Pay
$45,422.85
Average Tax Rate
15.48%
Comprehensive Deduction Rate
22.74%
Total Income
$58,792.50
Total Deductions
$14,024.18
Net Pay
$44,768.32
Average Tax Rate
16.6%
Comprehensive Deduction Rate
23.85%
Total Income
$58,792.50
Total Deductions
$14,411.16
Net Pay
$44,381.34
Average Tax Rate
17.26%
Comprehensive Deduction Rate
24.51%
Total Income
$58,792.50
Total Deductions
$14,519.75
Net Pay
$44,272.75
Average Tax Rate
17.44%
Comprehensive Deduction Rate
24.7%
Total Income
$58,792.50
Total Deductions
$14,812.79
Net Pay
$43,979.71
Average Tax Rate
17.94%
Comprehensive Deduction Rate
25.2%
Total Income
$58,792.50
Total Deductions
$15,055.04
Net Pay
$43,737.47
Average Tax Rate
17.77%
Comprehensive Deduction Rate
25.61%
Total Income
$58,792.50
Total Deductions
$15,077.80
Net Pay
$43,714.70
Average Tax Rate
18.39%
Comprehensive Deduction Rate
25.65%
Total Income
$58,792.50
Total Deductions
$15,865.75
Net Pay
$42,926.75
Average Tax Rate
19.73%
Comprehensive Deduction Rate
26.99%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $58,792.50 | $11,700.25 | $47,092.25 | 12.65% | 19.9% |
| British Columbia | $58,792.50 | $12,512.95 | $46,279.55 | 14.03% | 21.28% |
| Northwest Territories | $58,792.50 | $12,517.99 | $46,274.51 | 14.04% | 21.29% |
| Yukon | $58,792.50 | $12,573.13 | $46,219.37 | 14.13% | 21.39% |
| Ontario | $58,792.50 | $13,133.27 | $45,659.23 | 15.08% | 22.34% |
| Alberta | $58,792.50 | $13,369.65 | $45,422.85 | 15.48% | 22.74% |
| Saskatchewan | $58,792.50 | $14,024.18 | $44,768.32 | 16.6% | 23.85% |
| New Brunswick | $58,792.50 | $14,411.16 | $44,381.34 | 17.26% | 24.51% |
| Manitoba | $58,792.50 | $14,519.75 | $44,272.75 | 17.44% | 24.7% |
| Newfoundland and Labrador | $58,792.50 | $14,812.79 | $43,979.71 | 17.94% | 25.2% |
| Quebec | $58,792.50 | $15,055.04 | $43,737.47 | 17.77% | 25.61% |
| Prince Edward Island | $58,792.50 | $15,077.80 | $43,714.70 | 18.39% | 25.65% |
| Nova Scotia | $58,792.50 | $15,865.75 | $42,926.75 | 19.73% | 26.99% |
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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