2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$97,480.76
Salary
$97,480.76
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$25,636.26
Federal Tax
$13,741.05
Provincial Tax
$6,790.59
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$71,844.50
Marginal Tax Rate
31.48%
Average Tax Rate
21.06%
Comprehensive Deduction Rate
26.3%
Monthly Salary
Total Income
$8,123.40
Salary
$8,123.40
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,136.36
Federal Tax
$1,145.09
Provincial Tax
$565.88
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$5,987.04
Marginal Tax Rate
31.48%
Average Tax Rate
21.06%
Comprehensive Deduction Rate
26.3%
Biweekly Salary
Total Income
$3,749.26
Salary
$3,749.26
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$986.01
Federal Tax
$528.50
Provincial Tax
$261.18
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$2,763.25
Marginal Tax Rate
31.48%
Average Tax Rate
21.06%
Comprehensive Deduction Rate
26.3%
Weekly Salary
Total Income
$1,874.63
Salary
$1,874.63
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$493.01
Federal Tax
$264.25
Provincial Tax
$130.59
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,381.63
Marginal Tax Rate
31.48%
Average Tax Rate
21.06%
Comprehensive Deduction Rate
26.3%
Daily Salary
Total Income
$374.93
Salary
$374.93
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$98.60
Federal Tax
$52.85
Provincial Tax
$26.12
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$276.33
Marginal Tax Rate
31.48%
Average Tax Rate
21.06%
Comprehensive Deduction Rate
26.3%
Hourly Salary
Total Income
$49.99
Salary
$49.99
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$13.15
Federal Tax
$7.05
Provincial Tax
$3.48
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$36.84
Marginal Tax Rate
31.48%
Average Tax Rate
21.06%
Comprehensive Deduction Rate
26.3%
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
$97,480.76
Total Deductions
$23,142.54
Net Pay
$74,338.22
Average Tax Rate
18.5%
Comprehensive Deduction Rate
23.74%
Total Income
$97,480.76
Total Deductions
$24,269.30
Net Pay
$73,211.46
Average Tax Rate
19.66%
Comprehensive Deduction Rate
24.9%
Total Income
$97,480.76
Total Deductions
$24,575.31
Net Pay
$72,905.45
Average Tax Rate
19.97%
Comprehensive Deduction Rate
25.21%
Total Income
$97,480.76
Total Deductions
$24,784.15
Net Pay
$72,696.61
Average Tax Rate
20.19%
Comprehensive Deduction Rate
25.42%
Total Income
$97,480.76
Total Deductions
$25,636.26
Net Pay
$71,844.50
Average Tax Rate
21.06%
Comprehensive Deduction Rate
26.3%
Total Income
$97,480.76
Total Deductions
$25,960.00
Net Pay
$71,520.76
Average Tax Rate
21.39%
Comprehensive Deduction Rate
26.63%
Total Income
$97,480.76
Total Deductions
$27,580.69
Net Pay
$69,900.07
Average Tax Rate
23.06%
Comprehensive Deduction Rate
28.29%
Total Income
$97,480.76
Total Deductions
$28,172.36
Net Pay
$69,308.40
Average Tax Rate
23.66%
Comprehensive Deduction Rate
28.9%
Total Income
$97,480.76
Total Deductions
$28,550.30
Net Pay
$68,930.46
Average Tax Rate
24.05%
Comprehensive Deduction Rate
29.29%
Total Income
$97,480.76
Total Deductions
$29,290.09
Net Pay
$68,190.67
Average Tax Rate
24.81%
Comprehensive Deduction Rate
30.05%
Total Income
$97,480.76
Total Deductions
$30,049.31
Net Pay
$67,431.45
Average Tax Rate
25.03%
Comprehensive Deduction Rate
30.83%
Total Income
$97,480.76
Total Deductions
$30,074.87
Net Pay
$67,405.89
Average Tax Rate
25.62%
Comprehensive Deduction Rate
30.85%
Total Income
$97,480.76
Total Deductions
$31,154.94
Net Pay
$66,325.82
Average Tax Rate
26.72%
Comprehensive Deduction Rate
31.96%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $97,480.76 | $23,142.54 | $74,338.22 | 18.5% | 23.74% |
| British Columbia | $97,480.76 | $24,269.30 | $73,211.46 | 19.66% | 24.9% |
| Northwest Territories | $97,480.76 | $24,575.31 | $72,905.45 | 19.97% | 25.21% |
| Yukon | $97,480.76 | $24,784.15 | $72,696.61 | 20.19% | 25.42% |
| Ontario | $97,480.76 | $25,636.26 | $71,844.50 | 21.06% | 26.3% |
| Alberta | $97,480.76 | $25,960.00 | $71,520.76 | 21.39% | 26.63% |
| Saskatchewan | $97,480.76 | $27,580.69 | $69,900.07 | 23.06% | 28.29% |
| Manitoba | $97,480.76 | $28,172.36 | $69,308.40 | 23.66% | 28.9% |
| New Brunswick | $97,480.76 | $28,550.30 | $68,930.46 | 24.05% | 29.29% |
| Newfoundland and Labrador | $97,480.76 | $29,290.09 | $68,190.67 | 24.81% | 30.05% |
| Quebec | $97,480.76 | $30,049.31 | $67,431.45 | 25.03% | 30.83% |
| Prince Edward Island | $97,480.76 | $30,074.87 | $67,405.89 | 25.62% | 30.85% |
| Nova Scotia | $97,480.76 | $31,154.94 | $66,325.82 | 26.72% | 31.96% |
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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