2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$64,600.00
Salary
$64,600.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$15,235.96
Federal Tax
$7,000.49
Provincial Tax
$3,550.90
CPP Contributions
$3,635.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$49,364.04
Marginal Tax Rate
29.65%
Average Tax Rate
16.33%
Comprehensive Deduction Rate
23.59%
Monthly Salary
Total Income
$5,383.33
Salary
$5,383.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,269.66
Federal Tax
$583.37
Provincial Tax
$295.91
CPP Contributions
$302.95
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$4,113.67
Marginal Tax Rate
29.65%
Average Tax Rate
16.33%
Comprehensive Deduction Rate
23.59%
Biweekly Salary
Total Income
$2,484.62
Salary
$2,484.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$586.00
Federal Tax
$269.25
Provincial Tax
$136.57
CPP Contributions
$139.83
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$1,898.62
Marginal Tax Rate
29.65%
Average Tax Rate
16.33%
Comprehensive Deduction Rate
23.59%
Weekly Salary
Total Income
$1,242.31
Salary
$1,242.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$293.00
Federal Tax
$134.62
Provincial Tax
$68.29
CPP Contributions
$69.91
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$949.31
Marginal Tax Rate
29.65%
Average Tax Rate
16.33%
Comprehensive Deduction Rate
23.59%
Daily Salary
Total Income
$248.46
Salary
$248.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$58.60
Federal Tax
$26.92
Provincial Tax
$13.66
CPP Contributions
$13.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$189.86
Marginal Tax Rate
29.65%
Average Tax Rate
16.33%
Comprehensive Deduction Rate
23.59%
Hourly Salary
Total Income
$33.13
Salary
$33.13
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$7.81
Federal Tax
$3.59
Provincial Tax
$1.82
CPP Contributions
$1.86
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$25.31
Marginal Tax Rate
29.65%
Average Tax Rate
16.33%
Comprehensive Deduction Rate
23.59%
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
$64,600.00
Total Deductions
$13,680.28
Net Pay
$50,919.72
Average Tax Rate
13.93%
Comprehensive Deduction Rate
21.18%
Total Income
$64,600.00
Total Deductions
$14,531.41
Net Pay
$50,068.59
Average Tax Rate
15.24%
Comprehensive Deduction Rate
22.49%
Total Income
$64,600.00
Total Deductions
$14,586.95
Net Pay
$50,013.05
Average Tax Rate
15.33%
Comprehensive Deduction Rate
22.58%
Total Income
$64,600.00
Total Deductions
$14,664.27
Net Pay
$49,935.73
Average Tax Rate
15.45%
Comprehensive Deduction Rate
22.7%
Total Income
$64,600.00
Total Deductions
$15,235.96
Net Pay
$49,364.04
Average Tax Rate
16.33%
Comprehensive Deduction Rate
23.59%
Total Income
$64,600.00
Total Deductions
$15,511.31
Net Pay
$49,088.69
Average Tax Rate
16.76%
Comprehensive Deduction Rate
24.01%
Total Income
$64,600.00
Total Deductions
$16,309.98
Net Pay
$48,290.02
Average Tax Rate
18%
Comprehensive Deduction Rate
25.25%
Total Income
$64,600.00
Total Deductions
$16,786.38
Net Pay
$47,813.62
Average Tax Rate
18.73%
Comprehensive Deduction Rate
25.99%
Total Income
$64,600.00
Total Deductions
$16,819.45
Net Pay
$47,780.55
Average Tax Rate
18.78%
Comprehensive Deduction Rate
26.04%
Total Income
$64,600.00
Total Deductions
$17,218.52
Net Pay
$47,381.48
Average Tax Rate
19.4%
Comprehensive Deduction Rate
26.65%
Total Income
$64,600.00
Total Deductions
$17,439.61
Net Pay
$47,160.39
Average Tax Rate
19.74%
Comprehensive Deduction Rate
27%
Total Income
$64,600.00
Total Deductions
$17,605.24
Net Pay
$46,994.76
Average Tax Rate
19.41%
Comprehensive Deduction Rate
27.25%
Total Income
$64,600.00
Total Deductions
$18,421.17
Net Pay
$46,178.83
Average Tax Rate
21.26%
Comprehensive Deduction Rate
28.52%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $64,600.00 | $13,680.28 | $50,919.72 | 13.93% | 21.18% |
| British Columbia | $64,600.00 | $14,531.41 | $50,068.59 | 15.24% | 22.49% |
| Northwest Territories | $64,600.00 | $14,586.95 | $50,013.05 | 15.33% | 22.58% |
| Yukon | $64,600.00 | $14,664.27 | $49,935.73 | 15.45% | 22.7% |
| Ontario | $64,600.00 | $15,235.96 | $49,364.04 | 16.33% | 23.59% |
| Alberta | $64,600.00 | $15,511.31 | $49,088.69 | 16.76% | 24.01% |
| Saskatchewan | $64,600.00 | $16,309.98 | $48,290.02 | 18% | 25.25% |
| New Brunswick | $64,600.00 | $16,786.38 | $47,813.62 | 18.73% | 25.99% |
| Manitoba | $64,600.00 | $16,819.45 | $47,780.55 | 18.78% | 26.04% |
| Newfoundland and Labrador | $64,600.00 | $17,218.52 | $47,381.48 | 19.4% | 26.65% |
| Prince Edward Island | $64,600.00 | $17,439.61 | $47,160.39 | 19.74% | 27% |
| Quebec | $64,600.00 | $17,605.24 | $46,994.76 | 19.41% | 27.25% |
| Nova Scotia | $64,600.00 | $18,421.17 | $46,178.83 | 21.26% | 28.52% |
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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