2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$65,000.00
Salary
$65,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$15,378.36
Federal Tax
$7,082.49
Provincial Tax
$3,587.50
CPP Contributions
$3,659.25
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$49,621.64
Marginal Tax Rate
29.65%
Average Tax Rate
16.42%
Comprehensive Deduction Rate
23.66%
Monthly Salary
Total Income
$5,416.67
Salary
$5,416.67
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,281.53
Federal Tax
$590.21
Provincial Tax
$298.96
CPP Contributions
$304.94
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$4,135.14
Marginal Tax Rate
29.65%
Average Tax Rate
16.42%
Comprehensive Deduction Rate
23.66%
Biweekly Salary
Total Income
$2,500.00
Salary
$2,500.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$591.48
Federal Tax
$272.40
Provincial Tax
$137.98
CPP Contributions
$140.74
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$1,908.52
Marginal Tax Rate
29.65%
Average Tax Rate
16.42%
Comprehensive Deduction Rate
23.66%
Weekly Salary
Total Income
$1,250.00
Salary
$1,250.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$295.74
Federal Tax
$136.20
Provincial Tax
$68.99
CPP Contributions
$70.37
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$954.26
Marginal Tax Rate
29.65%
Average Tax Rate
16.42%
Comprehensive Deduction Rate
23.66%
Daily Salary
Total Income
$250.00
Salary
$250.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$59.15
Federal Tax
$27.24
Provincial Tax
$13.80
CPP Contributions
$14.07
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$190.85
Marginal Tax Rate
29.65%
Average Tax Rate
16.42%
Comprehensive Deduction Rate
23.66%
Hourly Salary
Total Income
$33.33
Salary
$33.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$7.89
Federal Tax
$3.63
Provincial Tax
$1.84
CPP Contributions
$1.88
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$25.45
Marginal Tax Rate
29.65%
Average Tax Rate
16.42%
Comprehensive Deduction Rate
23.66%
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% |
Income taxes on annual salaries
Annual Income Tax by Province/Territory
Total Income
$65,000.00
Total Deductions
$13,814.08
Net Pay
$51,185.92
Average Tax Rate
14.01%
Comprehensive Deduction Rate
21.25%
Total Income
$65,000.00
Total Deductions
$14,668.01
Net Pay
$50,331.99
Average Tax Rate
15.32%
Comprehensive Deduction Rate
22.57%
Total Income
$65,000.00
Total Deductions
$14,727.15
Net Pay
$50,272.85
Average Tax Rate
15.41%
Comprehensive Deduction Rate
22.66%
Total Income
$65,000.00
Total Deductions
$14,806.07
Net Pay
$50,193.93
Average Tax Rate
15.53%
Comprehensive Deduction Rate
22.78%
Total Income
$65,000.00
Total Deductions
$15,378.36
Net Pay
$49,621.64
Average Tax Rate
16.42%
Comprehensive Deduction Rate
23.66%
Total Income
$65,000.00
Total Deductions
$15,657.11
Net Pay
$49,342.89
Average Tax Rate
16.84%
Comprehensive Deduction Rate
24.09%
Total Income
$65,000.00
Total Deductions
$16,465.78
Net Pay
$48,534.22
Average Tax Rate
18.09%
Comprehensive Deduction Rate
25.33%
Total Income
$65,000.00
Total Deductions
$16,948.18
Net Pay
$48,051.82
Average Tax Rate
18.83%
Comprehensive Deduction Rate
26.07%
Total Income
$65,000.00
Total Deductions
$16,976.25
Net Pay
$48,023.75
Average Tax Rate
18.87%
Comprehensive Deduction Rate
26.12%
Total Income
$65,000.00
Total Deductions
$17,382.32
Net Pay
$47,617.68
Average Tax Rate
19.5%
Comprehensive Deduction Rate
26.74%
Total Income
$65,000.00
Total Deductions
$17,612.01
Net Pay
$47,387.99
Average Tax Rate
19.85%
Comprehensive Deduction Rate
27.1%
Total Income
$65,000.00
Total Deductions
$17,777.05
Net Pay
$47,222.95
Average Tax Rate
19.52%
Comprehensive Deduction Rate
27.35%
Total Income
$65,000.00
Total Deductions
$18,595.76
Net Pay
$46,404.24
Average Tax Rate
21.37%
Comprehensive Deduction Rate
28.61%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $65,000.00 | $13,814.08 | $51,185.92 | 14.01% | 21.25% |
| British Columbia | $65,000.00 | $14,668.01 | $50,331.99 | 15.32% | 22.57% |
| Northwest Territories | $65,000.00 | $14,727.15 | $50,272.85 | 15.41% | 22.66% |
| Yukon | $65,000.00 | $14,806.07 | $50,193.93 | 15.53% | 22.78% |
| Ontario | $65,000.00 | $15,378.36 | $49,621.64 | 16.42% | 23.66% |
| Alberta | $65,000.00 | $15,657.11 | $49,342.89 | 16.84% | 24.09% |
| Saskatchewan | $65,000.00 | $16,465.78 | $48,534.22 | 18.09% | 25.33% |
| New Brunswick | $65,000.00 | $16,948.18 | $48,051.82 | 18.83% | 26.07% |
| Manitoba | $65,000.00 | $16,976.25 | $48,023.75 | 18.87% | 26.12% |
| Newfoundland and Labrador | $65,000.00 | $17,382.32 | $47,617.68 | 19.5% | 26.74% |
| Prince Edward Island | $65,000.00 | $17,612.01 | $47,387.99 | 19.85% | 27.1% |
| Quebec | $65,000.00 | $17,777.05 | $47,222.95 | 19.52% | 27.35% |
| Nova Scotia | $65,000.00 | $18,595.76 | $46,404.24 | 21.37% | 28.61% |
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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