2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$24,863.80
Salary
$24,863.80
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,423.95
Federal Tax
$931.37
Provincial Tax
$808.69
CPP Contributions
$1,271.15
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$412.74
Net Pay
$21,439.85
Marginal Tax Rate
29.32%
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
Monthly Salary
Total Income
$2,071.98
Salary
$2,071.98
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$285.33
Federal Tax
$77.61
Provincial Tax
$67.39
CPP Contributions
$105.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$34.40
Net Pay
$1,786.65
Marginal Tax Rate
29.32%
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
Biweekly Salary
Total Income
$956.30
Salary
$956.30
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$131.69
Federal Tax
$35.82
Provincial Tax
$31.10
CPP Contributions
$48.89
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$15.87
Net Pay
$824.61
Marginal Tax Rate
29.32%
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
Weekly Salary
Total Income
$478.15
Salary
$478.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$65.85
Federal Tax
$17.91
Provincial Tax
$15.55
CPP Contributions
$24.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$7.94
Net Pay
$412.30
Marginal Tax Rate
29.32%
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
Daily Salary
Total Income
$95.63
Salary
$95.63
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$13.17
Federal Tax
$3.58
Provincial Tax
$3.11
CPP Contributions
$4.89
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.59
Net Pay
$82.46
Marginal Tax Rate
29.32%
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
Hourly Salary
Total Income
$12.75
Salary
$12.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1.76
Federal Tax
$0.48
Provincial Tax
$0.41
CPP Contributions
$0.65
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.21
Net Pay
$10.99
Marginal Tax Rate
29.32%
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
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
$24,863.80
Total Deductions
$2,623.34
Net Pay
$22,240.46
Average Tax Rate
3.78%
Comprehensive Deduction Rate
10.55%
Total Income
$24,863.80
Total Deductions
$2,744.75
Net Pay
$22,119.05
Average Tax Rate
4.27%
Comprehensive Deduction Rate
11.04%
Total Income
$24,863.80
Total Deductions
$2,791.77
Net Pay
$22,072.03
Average Tax Rate
4.46%
Comprehensive Deduction Rate
11.23%
Total Income
$24,863.80
Total Deductions
$2,957.86
Net Pay
$21,905.94
Average Tax Rate
5.12%
Comprehensive Deduction Rate
11.9%
Total Income
$24,863.80
Total Deductions
$3,001.94
Net Pay
$21,861.86
Average Tax Rate
5.3%
Comprehensive Deduction Rate
12.07%
Total Income
$24,863.80
Total Deductions
$3,107.59
Net Pay
$21,756.21
Average Tax Rate
5.73%
Comprehensive Deduction Rate
12.5%
Total Income
$24,863.80
Total Deductions
$3,168.28
Net Pay
$21,695.52
Average Tax Rate
5.43%
Comprehensive Deduction Rate
12.74%
Total Income
$24,863.80
Total Deductions
$3,414.45
Net Pay
$21,449.35
Average Tax Rate
6.96%
Comprehensive Deduction Rate
13.73%
Total Income
$24,863.80
Total Deductions
$3,423.95
Net Pay
$21,439.85
Average Tax Rate
7%
Comprehensive Deduction Rate
13.77%
Total Income
$24,863.80
Total Deductions
$3,526.60
Net Pay
$21,337.20
Average Tax Rate
7.41%
Comprehensive Deduction Rate
14.18%
Total Income
$24,863.80
Total Deductions
$3,568.03
Net Pay
$21,295.77
Average Tax Rate
7.58%
Comprehensive Deduction Rate
14.35%
Total Income
$24,863.80
Total Deductions
$3,643.60
Net Pay
$21,220.20
Average Tax Rate
7.88%
Comprehensive Deduction Rate
14.65%
Total Income
$24,863.80
Total Deductions
$3,690.74
Net Pay
$21,173.06
Average Tax Rate
8.07%
Comprehensive Deduction Rate
14.84%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| British Columbia | $24,863.80 | $2,623.34 | $22,240.46 | 3.78% | 10.55% |
| Alberta | $24,863.80 | $2,744.75 | $22,119.05 | 4.27% | 11.04% |
| Nunavut | $24,863.80 | $2,791.77 | $22,072.03 | 4.46% | 11.23% |
| Northwest Territories | $24,863.80 | $2,957.86 | $21,905.94 | 5.12% | 11.9% |
| Yukon | $24,863.80 | $3,001.94 | $21,861.86 | 5.3% | 12.07% |
| Saskatchewan | $24,863.80 | $3,107.59 | $21,756.21 | 5.73% | 12.5% |
| Quebec | $24,863.80 | $3,168.28 | $21,695.52 | 5.43% | 12.74% |
| Manitoba | $24,863.80 | $3,414.45 | $21,449.35 | 6.96% | 13.73% |
| Ontario | $24,863.80 | $3,423.95 | $21,439.85 | 7% | 13.77% |
| Prince Edward Island | $24,863.80 | $3,526.60 | $21,337.20 | 7.41% | 14.18% |
| New Brunswick | $24,863.80 | $3,568.03 | $21,295.77 | 7.58% | 14.35% |
| Nova Scotia | $24,863.80 | $3,643.60 | $21,220.20 | 7.88% | 14.65% |
| Newfoundland and Labrador | $24,863.80 | $3,690.74 | $21,173.06 | 8.07% | 14.84% |
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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