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2024 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Your Results

Yearly Salary
Total Income $88,003.56
Salary $88,003.56
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $22,745.17
Federal Tax $11,798.22
Provincial Tax $5,842.33
CPP Contributions $4,055.50
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $1,049.12
Net Pay $65,258.39
Marginal Tax Rate 29.65%
Average Tax Rate 20.05%
Comprehensive Deduction Rate 25.85%
$88,003.56 a year is how much per hour?
What is the minimum wage in Ontario in 2024?
Monthly Salary
Total Income $7,333.63
Salary $7,333.63
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $1,895.43
Federal Tax $983.19
Provincial Tax $486.86
CPP Contributions $337.96
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $87.43
Net Pay $5,438.20
Marginal Tax Rate 29.65%
Average Tax Rate 20.05%
Comprehensive Deduction Rate 25.85%
$7,333.63 a month is how much per year?
What is the minimum wage in Ontario in 2024?
Biweekly Salary
Total Income $3,384.75
Salary $3,384.75
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $874.81
Federal Tax $453.78
Provincial Tax $224.71
CPP Contributions $155.98
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $40.35
Net Pay $2,509.94
Marginal Tax Rate 29.65%
Average Tax Rate 20.05%
Comprehensive Deduction Rate 25.85%
$3,384.75 per two weeks is how much per year?
What is the minimum wage in Ontario in 2024?
Weekly Salary
Total Income $1,692.38
Salary $1,692.38
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $437.41
Federal Tax $226.89
Provincial Tax $112.35
CPP Contributions $77.99
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $20.18
Net Pay $1,254.97
Marginal Tax Rate 29.65%
Average Tax Rate 20.05%
Comprehensive Deduction Rate 25.85%
$1,692.38 a week is how much per year?
What is the minimum wage in Ontario in 2024?
Daily Salary
Total Income $338.48
Salary $338.48
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $87.48
Federal Tax $45.38
Provincial Tax $22.47
CPP Contributions $15.60
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $4.04
Net Pay $250.99
Marginal Tax Rate 29.65%
Average Tax Rate 20.05%
Comprehensive Deduction Rate 25.85%
$338.48 a day is how much per year?
What is the minimum wage in Ontario in 2024?
Hourly Salary
Total Income $45.13
Salary $45.13
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $11.66
Federal Tax $6.05
Provincial Tax $3.00
CPP Contributions $2.08
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $0.54
Net Pay $33.47
Marginal Tax Rate 29.65%
Average Tax Rate 20.05%
Comprehensive Deduction Rate 25.85%
$45.13 an hour is how much per year?
What is the minimum wage in Ontario in 2024?

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 $88,003.56
Total Deductions $20,536.31
Net Pay $67,467.25
Average Tax Rate 17.54%
Comprehensive Deduction Rate 23.34%
Total Income $88,003.56
Total Deductions $21,551.26
Net Pay $66,452.30
Average Tax Rate 18.69%
Comprehensive Deduction Rate 24.49%
Total Income $88,003.56
Total Deductions $21,817.44
Net Pay $66,186.12
Average Tax Rate 18.99%
Comprehensive Deduction Rate 24.79%
Total Income $88,003.56
Total Deductions $21,988.37
Net Pay $66,015.19
Average Tax Rate 19.19%
Comprehensive Deduction Rate 24.99%
Total Income $88,003.56
Total Deductions $22,745.17
Net Pay $65,258.39
Average Tax Rate 20.05%
Comprehensive Deduction Rate 25.85%
Total Income $88,003.56
Total Deductions $23,069.45
Net Pay $64,934.11
Average Tax Rate 20.41%
Comprehensive Deduction Rate 26.21%
Total Income $88,003.56
Total Deductions $24,453.21
Net Pay $63,550.35
Average Tax Rate 21.99%
Comprehensive Deduction Rate 27.79%
Total Income $88,003.56
Total Deductions $25,021.18
Net Pay $62,982.38
Average Tax Rate 22.63%
Comprehensive Deduction Rate 28.43%
Total Income $88,003.56
Total Deductions $25,280.66
Net Pay $62,722.90
Average Tax Rate 22.93%
Comprehensive Deduction Rate 28.73%
Total Income $88,003.56
Total Deductions $25,849.86
Net Pay $62,153.70
Average Tax Rate 23.57%
Comprehensive Deduction Rate 29.37%
Total Income $88,003.56
Total Deductions $26,554.08
Net Pay $61,449.48
Average Tax Rate 24.37%
Comprehensive Deduction Rate 30.17%
Total Income $88,003.56
Total Deductions $26,596.77
Net Pay $61,406.79
Average Tax Rate 23.84%
Comprehensive Deduction Rate 30.22%
Total Income $88,003.56
Total Deductions $27,595.17
Net Pay $60,408.39
Average Tax Rate 25.56%
Comprehensive Deduction Rate 31.36%
Region Total Income Total Deductions Net Pay Average Tax Rate Comprehensive Deduction Rate
Nunavut $88,003.56 $20,536.31 $67,467.25 17.54% 23.34%
British Columbia $88,003.56 $21,551.26 $66,452.30 18.69% 24.49%
Northwest Territories $88,003.56 $21,817.44 $66,186.12 18.99% 24.79%
Yukon $88,003.56 $21,988.37 $66,015.19 19.19% 24.99%
Ontario $88,003.56 $22,745.17 $65,258.39 20.05% 25.85%
Alberta $88,003.56 $23,069.45 $64,934.11 20.41% 26.21%
Saskatchewan $88,003.56 $24,453.21 $63,550.35 21.99% 27.79%
Manitoba $88,003.56 $25,021.18 $62,982.38 22.63% 28.43%
New Brunswick $88,003.56 $25,280.66 $62,722.90 22.93% 28.73%
Newfoundland and Labrador $88,003.56 $25,849.86 $62,153.70 23.57% 29.37%
Prince Edward Island $88,003.56 $26,554.08 $61,449.48 24.37% 30.17%
Quebec $88,003.56 $26,596.77 $61,406.79 23.84% 30.22%
Nova Scotia $88,003.56 $27,595.17 $60,408.39 25.56% 31.36%
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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