2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$59,143.80
Salary
$59,143.80
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$13,260.39
Federal Tax
$5,906.59
Provincial Tax
$3,061.20
CPP Contributions
$3,310.81
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$981.79
Net Pay
$45,883.41
Marginal Tax Rate
28.58%
Average Tax Rate
15.16%
Comprehensive Deduction Rate
22.42%
Monthly Salary
Total Income
$4,928.65
Salary
$4,928.65
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,105.03
Federal Tax
$492.22
Provincial Tax
$255.10
CPP Contributions
$275.90
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$81.82
Net Pay
$3,823.62
Marginal Tax Rate
28.58%
Average Tax Rate
15.16%
Comprehensive Deduction Rate
22.42%
Biweekly Salary
Total Income
$2,274.76
Salary
$2,274.76
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$510.02
Federal Tax
$227.18
Provincial Tax
$117.74
CPP Contributions
$127.34
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$37.76
Net Pay
$1,764.75
Marginal Tax Rate
28.58%
Average Tax Rate
15.16%
Comprehensive Deduction Rate
22.42%
Weekly Salary
Total Income
$1,137.38
Salary
$1,137.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$255.01
Federal Tax
$113.59
Provincial Tax
$58.87
CPP Contributions
$63.67
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$18.88
Net Pay
$882.37
Marginal Tax Rate
28.58%
Average Tax Rate
15.16%
Comprehensive Deduction Rate
22.42%
Daily Salary
Total Income
$227.48
Salary
$227.48
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$51.00
Federal Tax
$22.72
Provincial Tax
$11.77
CPP Contributions
$12.73
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.78
Net Pay
$176.47
Marginal Tax Rate
28.58%
Average Tax Rate
15.16%
Comprehensive Deduction Rate
22.42%
Hourly Salary
Total Income
$30.33
Salary
$30.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$6.80
Federal Tax
$3.03
Provincial Tax
$1.57
CPP Contributions
$1.70
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.50
Net Pay
$23.53
Marginal Tax Rate
28.58%
Average Tax Rate
15.16%
Comprehensive Deduction Rate
22.42%
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
$59,143.80
Total Deductions
$11,820.04
Net Pay
$47,323.76
Average Tax Rate
12.73%
Comprehensive Deduction Rate
19.99%
Total Income
$59,143.80
Total Deductions
$12,634.97
Net Pay
$46,508.83
Average Tax Rate
14.11%
Comprehensive Deduction Rate
21.36%
Total Income
$59,143.80
Total Deductions
$12,643.00
Net Pay
$46,500.80
Average Tax Rate
14.12%
Comprehensive Deduction Rate
21.38%
Total Income
$59,143.80
Total Deductions
$12,699.43
Net Pay
$46,444.37
Average Tax Rate
14.21%
Comprehensive Deduction Rate
21.47%
Total Income
$59,143.80
Total Deductions
$13,260.39
Net Pay
$45,883.41
Average Tax Rate
15.16%
Comprehensive Deduction Rate
22.42%
Total Income
$59,143.80
Total Deductions
$13,498.71
Net Pay
$45,645.09
Average Tax Rate
15.57%
Comprehensive Deduction Rate
22.82%
Total Income
$59,143.80
Total Deductions
$14,161.94
Net Pay
$44,981.86
Average Tax Rate
16.69%
Comprehensive Deduction Rate
23.94%
Total Income
$59,143.80
Total Deductions
$14,554.41
Net Pay
$44,589.39
Average Tax Rate
17.35%
Comprehensive Deduction Rate
24.61%
Total Income
$59,143.80
Total Deductions
$14,658.32
Net Pay
$44,485.48
Average Tax Rate
17.53%
Comprehensive Deduction Rate
24.78%
Total Income
$59,143.80
Total Deductions
$14,957.94
Net Pay
$44,185.86
Average Tax Rate
18.03%
Comprehensive Deduction Rate
25.29%
Total Income
$59,143.80
Total Deductions
$15,210.02
Net Pay
$43,933.78
Average Tax Rate
17.88%
Comprehensive Deduction Rate
25.72%
Total Income
$59,143.80
Total Deductions
$15,219.66
Net Pay
$43,924.14
Average Tax Rate
18.48%
Comprehensive Deduction Rate
25.73%
Total Income
$59,143.80
Total Deductions
$16,014.31
Net Pay
$43,129.49
Average Tax Rate
19.82%
Comprehensive Deduction Rate
27.08%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $59,143.80 | $11,820.04 | $47,323.76 | 12.73% | 19.99% |
| British Columbia | $59,143.80 | $12,634.97 | $46,508.83 | 14.11% | 21.36% |
| Northwest Territories | $59,143.80 | $12,643.00 | $46,500.80 | 14.12% | 21.38% |
| Yukon | $59,143.80 | $12,699.43 | $46,444.37 | 14.21% | 21.47% |
| Ontario | $59,143.80 | $13,260.39 | $45,883.41 | 15.16% | 22.42% |
| Alberta | $59,143.80 | $13,498.71 | $45,645.09 | 15.57% | 22.82% |
| Saskatchewan | $59,143.80 | $14,161.94 | $44,981.86 | 16.69% | 23.94% |
| New Brunswick | $59,143.80 | $14,554.41 | $44,589.39 | 17.35% | 24.61% |
| Manitoba | $59,143.80 | $14,658.32 | $44,485.48 | 17.53% | 24.78% |
| Newfoundland and Labrador | $59,143.80 | $14,957.94 | $44,185.86 | 18.03% | 25.29% |
| Quebec | $59,143.80 | $15,210.02 | $43,933.78 | 17.88% | 25.72% |
| Prince Edward Island | $59,143.80 | $15,219.66 | $43,924.14 | 18.48% | 25.73% |
| Nova Scotia | $59,143.80 | $16,014.31 | $43,129.49 | 19.82% | 27.08% |
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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