2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$63,375.00
Salary
$63,375.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$14,799.86
Federal Tax
$6,749.37
Provincial Tax
$3,438.81
CPP Contributions
$3,562.56
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$48,575.14
Marginal Tax Rate
29.65%
Average Tax Rate
16.08%
Comprehensive Deduction Rate
23.35%
Monthly Salary
Total Income
$5,281.25
Salary
$5,281.25
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,233.32
Federal Tax
$562.45
Provincial Tax
$286.57
CPP Contributions
$296.88
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$4,047.93
Marginal Tax Rate
29.65%
Average Tax Rate
16.08%
Comprehensive Deduction Rate
23.35%
Biweekly Salary
Total Income
$2,437.50
Salary
$2,437.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$569.23
Federal Tax
$259.59
Provincial Tax
$132.26
CPP Contributions
$137.02
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$1,868.27
Marginal Tax Rate
29.65%
Average Tax Rate
16.08%
Comprehensive Deduction Rate
23.35%
Weekly Salary
Total Income
$1,218.75
Salary
$1,218.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$284.61
Federal Tax
$129.80
Provincial Tax
$66.13
CPP Contributions
$68.51
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$934.14
Marginal Tax Rate
29.65%
Average Tax Rate
16.08%
Comprehensive Deduction Rate
23.35%
Daily Salary
Total Income
$243.75
Salary
$243.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$56.92
Federal Tax
$25.96
Provincial Tax
$13.23
CPP Contributions
$13.70
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$186.83
Marginal Tax Rate
29.65%
Average Tax Rate
16.08%
Comprehensive Deduction Rate
23.35%
Hourly Salary
Total Income
$32.50
Salary
$32.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$7.59
Federal Tax
$3.46
Provincial Tax
$1.76
CPP Contributions
$1.83
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$24.91
Marginal Tax Rate
29.65%
Average Tax Rate
16.08%
Comprehensive Deduction Rate
23.35%
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
$63,375.00
Total Deductions
$13,270.52
Net Pay
$50,104.48
Average Tax Rate
13.66%
Comprehensive Deduction Rate
20.94%
Total Income
$63,375.00
Total Deductions
$14,113.08
Net Pay
$49,261.92
Average Tax Rate
14.99%
Comprehensive Deduction Rate
22.27%
Total Income
$63,375.00
Total Deductions
$14,157.59
Net Pay
$49,217.41
Average Tax Rate
15.06%
Comprehensive Deduction Rate
22.34%
Total Income
$63,375.00
Total Deductions
$14,230.01
Net Pay
$49,144.99
Average Tax Rate
15.18%
Comprehensive Deduction Rate
22.45%
Total Income
$63,375.00
Total Deductions
$14,799.86
Net Pay
$48,575.14
Average Tax Rate
16.08%
Comprehensive Deduction Rate
23.35%
Total Income
$63,375.00
Total Deductions
$15,064.80
Net Pay
$48,310.20
Average Tax Rate
16.49%
Comprehensive Deduction Rate
23.77%
Total Income
$63,375.00
Total Deductions
$15,832.85
Net Pay
$47,542.15
Average Tax Rate
17.71%
Comprehensive Deduction Rate
24.98%
Total Income
$63,375.00
Total Deductions
$16,290.87
Net Pay
$47,084.13
Average Tax Rate
18.43%
Comprehensive Deduction Rate
25.71%
Total Income
$63,375.00
Total Deductions
$16,339.25
Net Pay
$47,035.75
Average Tax Rate
18.51%
Comprehensive Deduction Rate
25.78%
Total Income
$63,375.00
Total Deductions
$16,716.89
Net Pay
$46,658.11
Average Tax Rate
19.1%
Comprehensive Deduction Rate
26.38%
Total Income
$63,375.00
Total Deductions
$16,939.71
Net Pay
$46,435.29
Average Tax Rate
19.45%
Comprehensive Deduction Rate
26.73%
Total Income
$63,375.00
Total Deductions
$17,079.11
Net Pay
$46,295.89
Average Tax Rate
19.09%
Comprehensive Deduction Rate
26.95%
Total Income
$63,375.00
Total Deductions
$17,886.49
Net Pay
$45,488.51
Average Tax Rate
20.95%
Comprehensive Deduction Rate
28.22%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $63,375.00 | $13,270.52 | $50,104.48 | 13.66% | 20.94% |
| British Columbia | $63,375.00 | $14,113.08 | $49,261.92 | 14.99% | 22.27% |
| Northwest Territories | $63,375.00 | $14,157.59 | $49,217.41 | 15.06% | 22.34% |
| Yukon | $63,375.00 | $14,230.01 | $49,144.99 | 15.18% | 22.45% |
| Ontario | $63,375.00 | $14,799.86 | $48,575.14 | 16.08% | 23.35% |
| Alberta | $63,375.00 | $15,064.80 | $48,310.20 | 16.49% | 23.77% |
| Saskatchewan | $63,375.00 | $15,832.85 | $47,542.15 | 17.71% | 24.98% |
| New Brunswick | $63,375.00 | $16,290.87 | $47,084.13 | 18.43% | 25.71% |
| Manitoba | $63,375.00 | $16,339.25 | $47,035.75 | 18.51% | 25.78% |
| Newfoundland and Labrador | $63,375.00 | $16,716.89 | $46,658.11 | 19.1% | 26.38% |
| Prince Edward Island | $63,375.00 | $16,939.71 | $46,435.29 | 19.45% | 26.73% |
| Quebec | $63,375.00 | $17,079.11 | $46,295.89 | 19.09% | 26.95% |
| Nova Scotia | $63,375.00 | $17,886.49 | $45,488.51 | 20.95% | 28.22% |
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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