2024 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Province/Territory

Tax Year

Salary

Rate

Work Hours per Day

Bonus

Commission

Pension Income

Taxable Benefit

RRSP

Your Results

Yearly Salary

Total Income $39,600.08

Salary $39,600.08

Total Deductions $7,478.20

Federal Tax $2,990.91

Provincial Tax $1,681.98

CPP Contributions $2,147.95

EI Premiums $657.36

Net Pay $32,121.88

Marginal Tax Rate 18.65%

Average Tax Rate 11.8%

Comprehensive Deduction Rate 18.88%

$39,600.08 a year is how much per hour?
What is the minimum wage in Ontario in 2024?

Monthly Salary

Total Income $3,300.01

Salary $3,300.01

Total Deductions $623.18

Federal Tax $249.24

Provincial Tax $140.17

CPP Contributions $179.00

EI Premiums $54.78

Net Pay $2,676.82

Marginal Tax Rate 18.65%

Average Tax Rate 11.8%

Comprehensive Deduction Rate 18.88%

$3,300.01 a month is how much per year?
What is the minimum wage in Ontario in 2024?

Biweekly Salary

Total Income $1,523.08

Salary $1,523.08

Total Deductions $287.62

Federal Tax $115.04

Provincial Tax $64.69

CPP Contributions $82.61

EI Premiums $25.28

Net Pay $1,235.46

Marginal Tax Rate 18.65%

Average Tax Rate 11.8%

Comprehensive Deduction Rate 18.88%

$1,523.08 per two weeks is how much per year?
What is the minimum wage in Ontario in 2024?

Weekly Salary

Total Income $761.54

Salary $761.54

Total Deductions $143.81

Federal Tax $57.52

Provincial Tax $32.35

CPP Contributions $41.31

EI Premiums $12.64

Net Pay $617.73

Marginal Tax Rate 18.65%

Average Tax Rate 11.8%

Comprehensive Deduction Rate 18.88%

$761.54 a week is how much per year?
What is the minimum wage in Ontario in 2024?

Daily Salary

Total Income $152.31

Salary $152.31

Total Deductions $28.76

Federal Tax $11.50

Provincial Tax $6.47

CPP Contributions $8.26

EI Premiums $2.53

Net Pay $123.55

Marginal Tax Rate 18.65%

Average Tax Rate 11.8%

Comprehensive Deduction Rate 18.88%

$152.31 a day is how much per year?
What is the minimum wage in Ontario in 2024?

Hourly Salary

Total Income $20.31

Salary $20.31

Total Deductions $3.83

Federal Tax $1.53

Provincial Tax $0.86

CPP Contributions $1.10

EI Premiums $0.34

Net Pay $16.47

Marginal Tax Rate 18.65%

Average Tax Rate 11.8%

Comprehensive Deduction Rate 18.88%

$20.31 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

Nunavut

Total Income $39,600.08

Total Deductions $6,517.33

Net Pay $33,082.75

Average Tax Rate 9.37%

Comprehensive Deduction Rate 16.46%

Northwest Territories

Total Income $39,600.08

Total Deductions $6,942.10

Net Pay $32,657.98

Average Tax Rate 10.45%

Comprehensive Deduction Rate 17.53%

British Columbia

Total Income $39,600.08

Total Deductions $7,017.81

Net Pay $32,582.27

Average Tax Rate 10.64%

Comprehensive Deduction Rate 17.72%

Yukon

Total Income $39,600.08

Total Deductions $7,054.26

Net Pay $32,545.82

Average Tax Rate 10.73%

Comprehensive Deduction Rate 17.81%

Alberta

Total Income $39,600.08

Total Deductions $7,287.20

Net Pay $32,312.88

Average Tax Rate 11.32%

Comprehensive Deduction Rate 18.4%

Ontario

Total Income $39,600.08

Total Deductions $7,478.20

Net Pay $32,121.88

Average Tax Rate 11.8%

Comprehensive Deduction Rate 18.88%

Saskatchewan

Total Income $39,600.08

Total Deductions $7,718.11

Net Pay $31,881.97

Average Tax Rate 12.41%

Comprehensive Deduction Rate 19.49%

New Brunswick

Total Income $39,600.08

Total Deductions $8,028.79

Net Pay $31,571.29

Average Tax Rate 13.19%

Comprehensive Deduction Rate 20.27%

Newfoundland and Labrador

Total Income $39,600.08

Total Deductions $8,056.20

Net Pay $31,543.88

Average Tax Rate 13.26%

Comprehensive Deduction Rate 20.34%

Manitoba

Total Income $39,600.08

Total Deductions $8,065.82

Net Pay $31,534.26

Average Tax Rate 13.28%

Comprehensive Deduction Rate 20.37%

Quebec

Total Income $39,600.08

Total Deductions $8,142.74

Net Pay $31,457.34

Average Tax Rate 12.91%

Comprehensive Deduction Rate 20.56%

Prince Edward Island

Total Income $39,600.08

Total Deductions $8,295.79

Net Pay $31,304.29

Average Tax Rate 13.86%

Comprehensive Deduction Rate 20.95%

Nova Scotia

Total Income $39,600.08

Total Deductions $8,714.66

Net Pay $30,885.42

Average Tax Rate 14.92%

Comprehensive Deduction Rate 22.01%

Region	Total Income	Total Deductions	Net Pay	Average Tax Rate	Comprehensive Deduction Rate
Nunavut	$39,600.08	$6,517.33	$33,082.75	9.37%	16.46%
Northwest Territories	$39,600.08	$6,942.10	$32,657.98	10.45%	17.53%
British Columbia	$39,600.08	$7,017.81	$32,582.27	10.64%	17.72%
Yukon	$39,600.08	$7,054.26	$32,545.82	10.73%	17.81%
Alberta	$39,600.08	$7,287.20	$32,312.88	11.32%	18.4%
Ontario	$39,600.08	$7,478.20	$32,121.88	11.8%	18.88%
Saskatchewan	$39,600.08	$7,718.11	$31,881.97	12.41%	19.49%
New Brunswick	$39,600.08	$8,028.79	$31,571.29	13.19%	20.27%
Newfoundland and Labrador	$39,600.08	$8,056.20	$31,543.88	13.26%	20.34%
Manitoba	$39,600.08	$8,065.82	$31,534.26	13.28%	20.37%
Quebec	$39,600.08	$8,142.74	$31,457.34	12.91%	20.56%
Prince Edward Island	$39,600.08	$8,295.79	$31,304.29	13.86%	20.95%
Nova Scotia	$39,600.08	$8,714.66	$30,885.42	14.92%	22.01%

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.