2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$24,598.60
Salary
$24,598.60
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,326.06
Federal Tax
$894.31
Provincial Tax
$768.04
CPP Contributions
$1,255.37
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$408.34
Net Pay
$21,272.54
Marginal Tax Rate
29.32%
Average Tax Rate
6.76%
Comprehensive Deduction Rate
13.52%
Monthly Salary
Total Income
$2,049.88
Salary
$2,049.88
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$277.17
Federal Tax
$74.53
Provincial Tax
$64.00
CPP Contributions
$104.61
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$34.03
Net Pay
$1,772.71
Marginal Tax Rate
29.32%
Average Tax Rate
6.76%
Comprehensive Deduction Rate
13.52%
Biweekly Salary
Total Income
$946.10
Salary
$946.10
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$127.93
Federal Tax
$34.40
Provincial Tax
$29.54
CPP Contributions
$48.28
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$15.71
Net Pay
$818.17
Marginal Tax Rate
29.32%
Average Tax Rate
6.76%
Comprehensive Deduction Rate
13.52%
Weekly Salary
Total Income
$473.05
Salary
$473.05
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$63.96
Federal Tax
$17.20
Provincial Tax
$14.77
CPP Contributions
$24.14
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$7.85
Net Pay
$409.09
Marginal Tax Rate
29.32%
Average Tax Rate
6.76%
Comprehensive Deduction Rate
13.52%
Daily Salary
Total Income
$94.61
Salary
$94.61
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$12.79
Federal Tax
$3.44
Provincial Tax
$2.95
CPP Contributions
$4.83
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.57
Net Pay
$81.82
Marginal Tax Rate
29.32%
Average Tax Rate
6.76%
Comprehensive Deduction Rate
13.52%
Hourly Salary
Total Income
$12.61
Salary
$12.61
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1.71
Federal Tax
$0.46
Provincial Tax
$0.39
CPP Contributions
$0.64
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.21
Net Pay
$10.91
Marginal Tax Rate
29.32%
Average Tax Rate
6.76%
Comprehensive Deduction Rate
13.52%
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
$24,598.60
Total Deductions
$2,558.02
Net Pay
$22,040.58
Average Tax Rate
3.64%
Comprehensive Deduction Rate
10.4%
Total Income
$24,598.60
Total Deductions
$2,663.01
Net Pay
$21,935.59
Average Tax Rate
4.06%
Comprehensive Deduction Rate
10.83%
Total Income
$24,598.60
Total Deductions
$2,724.73
Net Pay
$21,873.87
Average Tax Rate
4.31%
Comprehensive Deduction Rate
11.08%
Total Income
$24,598.60
Total Deductions
$2,886.17
Net Pay
$21,712.43
Average Tax Rate
4.97%
Comprehensive Deduction Rate
11.73%
Total Income
$24,598.60
Total Deductions
$2,929.02
Net Pay
$21,669.58
Average Tax Rate
5.14%
Comprehensive Deduction Rate
11.91%
Total Income
$24,598.60
Total Deductions
$3,024.62
Net Pay
$21,573.98
Average Tax Rate
5.53%
Comprehensive Deduction Rate
12.3%
Total Income
$24,598.60
Total Deductions
$3,078.76
Net Pay
$21,519.84
Average Tax Rate
5.21%
Comprehensive Deduction Rate
12.52%
Total Income
$24,598.60
Total Deductions
$3,326.06
Net Pay
$21,272.54
Average Tax Rate
6.76%
Comprehensive Deduction Rate
13.52%
Total Income
$24,598.60
Total Deductions
$3,330.75
Net Pay
$21,267.85
Average Tax Rate
6.78%
Comprehensive Deduction Rate
13.54%
Total Income
$24,598.60
Total Deductions
$3,445.74
Net Pay
$21,152.86
Average Tax Rate
7.24%
Comprehensive Deduction Rate
14.01%
Total Income
$24,598.60
Total Deductions
$3,487.76
Net Pay
$21,110.84
Average Tax Rate
7.42%
Comprehensive Deduction Rate
14.18%
Total Income
$24,598.60
Total Deductions
$3,564.82
Net Pay
$21,033.78
Average Tax Rate
7.73%
Comprehensive Deduction Rate
14.49%
Total Income
$24,598.60
Total Deductions
$3,612.19
Net Pay
$20,986.41
Average Tax Rate
7.92%
Comprehensive Deduction Rate
14.68%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| British Columbia | $24,598.60 | $2,558.02 | $22,040.58 | 3.64% | 10.4% |
| Alberta | $24,598.60 | $2,663.01 | $21,935.59 | 4.06% | 10.83% |
| Nunavut | $24,598.60 | $2,724.73 | $21,873.87 | 4.31% | 11.08% |
| Northwest Territories | $24,598.60 | $2,886.17 | $21,712.43 | 4.97% | 11.73% |
| Yukon | $24,598.60 | $2,929.02 | $21,669.58 | 5.14% | 11.91% |
| Saskatchewan | $24,598.60 | $3,024.62 | $21,573.98 | 5.53% | 12.3% |
| Quebec | $24,598.60 | $3,078.76 | $21,519.84 | 5.21% | 12.52% |
| Ontario | $24,598.60 | $3,326.06 | $21,272.54 | 6.76% | 13.52% |
| Manitoba | $24,598.60 | $3,330.75 | $21,267.85 | 6.78% | 13.54% |
| Prince Edward Island | $24,598.60 | $3,445.74 | $21,152.86 | 7.24% | 14.01% |
| New Brunswick | $24,598.60 | $3,487.76 | $21,110.84 | 7.42% | 14.18% |
| Nova Scotia | $24,598.60 | $3,564.82 | $21,033.78 | 7.73% | 14.49% |
| Newfoundland and Labrador | $24,598.60 | $3,612.19 | $20,986.41 | 7.92% | 14.68% |
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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