2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$70,000.00
Salary
$70,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$17,257.11
Federal Tax
$8,107.49
Provincial Tax
$4,045.00
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$52,742.89
Marginal Tax Rate
29.65%
Average Tax Rate
17.36%
Comprehensive Deduction Rate
24.65%
Monthly Salary
Total Income
$5,833.33
Salary
$5,833.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,438.09
Federal Tax
$675.62
Provincial Tax
$337.08
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$4,395.24
Marginal Tax Rate
29.65%
Average Tax Rate
17.36%
Comprehensive Deduction Rate
24.65%
Biweekly Salary
Total Income
$2,692.31
Salary
$2,692.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$663.74
Federal Tax
$311.83
Provincial Tax
$155.58
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$2,028.57
Marginal Tax Rate
29.65%
Average Tax Rate
17.36%
Comprehensive Deduction Rate
24.65%
Weekly Salary
Total Income
$1,346.15
Salary
$1,346.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$331.87
Federal Tax
$155.91
Provincial Tax
$77.79
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,014.29
Marginal Tax Rate
29.65%
Average Tax Rate
17.36%
Comprehensive Deduction Rate
24.65%
Daily Salary
Total Income
$269.23
Salary
$269.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$66.37
Federal Tax
$31.18
Provincial Tax
$15.56
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$202.86
Marginal Tax Rate
29.65%
Average Tax Rate
17.36%
Comprehensive Deduction Rate
24.65%
Hourly Salary
Total Income
$35.90
Salary
$35.90
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$8.85
Federal Tax
$4.16
Provincial Tax
$2.07
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$27.05
Marginal Tax Rate
29.65%
Average Tax Rate
17.36%
Comprehensive Deduction Rate
24.65%
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
$70,000.00
Total Deductions
$15,585.33
Net Pay
$54,414.67
Average Tax Rate
14.97%
Comprehensive Deduction Rate
22.26%
Total Income
$70,000.00
Total Deductions
$16,474.26
Net Pay
$53,525.74
Average Tax Rate
16.24%
Comprehensive Deduction Rate
23.53%
Total Income
$70,000.00
Total Deductions
$16,578.40
Net Pay
$53,421.60
Average Tax Rate
16.39%
Comprehensive Deduction Rate
23.68%
Total Income
$70,000.00
Total Deductions
$16,677.32
Net Pay
$53,322.68
Average Tax Rate
16.53%
Comprehensive Deduction Rate
23.82%
Total Income
$70,000.00
Total Deductions
$17,257.11
Net Pay
$52,742.89
Average Tax Rate
17.36%
Comprehensive Deduction Rate
24.65%
Total Income
$70,000.00
Total Deductions
$17,578.36
Net Pay
$52,421.64
Average Tax Rate
17.82%
Comprehensive Deduction Rate
25.11%
Total Income
$70,000.00
Total Deductions
$18,512.03
Net Pay
$51,487.97
Average Tax Rate
19.15%
Comprehensive Deduction Rate
26.45%
Total Income
$70,000.00
Total Deductions
$19,035.00
Net Pay
$50,965.00
Average Tax Rate
19.9%
Comprehensive Deduction Rate
27.19%
Total Income
$70,000.00
Total Deductions
$19,069.43
Net Pay
$50,930.57
Average Tax Rate
19.95%
Comprehensive Deduction Rate
27.24%
Total Income
$70,000.00
Total Deductions
$19,528.57
Net Pay
$50,471.43
Average Tax Rate
20.61%
Comprehensive Deduction Rate
27.9%
Total Income
$70,000.00
Total Deductions
$19,865.76
Net Pay
$50,134.24
Average Tax Rate
21.09%
Comprehensive Deduction Rate
28.38%
Total Income
$70,000.00
Total Deductions
$20,016.53
Net Pay
$49,983.47
Average Tax Rate
20.7%
Comprehensive Deduction Rate
28.6%
Total Income
$70,000.00
Total Deductions
$20,876.88
Net Pay
$49,123.12
Average Tax Rate
22.53%
Comprehensive Deduction Rate
29.82%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $70,000.00 | $15,585.33 | $54,414.67 | 14.97% | 22.26% |
| British Columbia | $70,000.00 | $16,474.26 | $53,525.74 | 16.24% | 23.53% |
| Northwest Territories | $70,000.00 | $16,578.40 | $53,421.60 | 16.39% | 23.68% |
| Yukon | $70,000.00 | $16,677.32 | $53,322.68 | 16.53% | 23.82% |
| Ontario | $70,000.00 | $17,257.11 | $52,742.89 | 17.36% | 24.65% |
| Alberta | $70,000.00 | $17,578.36 | $52,421.64 | 17.82% | 25.11% |
| Saskatchewan | $70,000.00 | $18,512.03 | $51,487.97 | 19.15% | 26.45% |
| Manitoba | $70,000.00 | $19,035.00 | $50,965.00 | 19.9% | 27.19% |
| New Brunswick | $70,000.00 | $19,069.43 | $50,930.57 | 19.95% | 27.24% |
| Newfoundland and Labrador | $70,000.00 | $19,528.57 | $50,471.43 | 20.61% | 27.9% |
| Prince Edward Island | $70,000.00 | $19,865.76 | $50,134.24 | 21.09% | 28.38% |
| Quebec | $70,000.00 | $20,016.53 | $49,983.47 | 20.7% | 28.6% |
| Nova Scotia | $70,000.00 | $20,876.88 | $49,123.12 | 22.53% | 29.82% |
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.
Jobs in Ontario
Hamilton Health Sciences
-
9 Jobs
Milton, ON
$33.75 - $46.62 / hour
Permanent
30 days ago