2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$51,000.04
Salary
$51,000.04
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$10,620.88
Federal Tax
$4,584.16
Provincial Tax
$2,363.87
CPP Contributions
$2,826.25
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$846.60
Net Pay
$40,379.16
Marginal Tax Rate
18.65%
Average Tax Rate
13.62%
Comprehensive Deduction Rate
20.83%
Monthly Salary
Total Income
$4,250.00
Salary
$4,250.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$885.07
Federal Tax
$382.01
Provincial Tax
$196.99
CPP Contributions
$235.52
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$70.55
Net Pay
$3,364.93
Marginal Tax Rate
18.65%
Average Tax Rate
13.62%
Comprehensive Deduction Rate
20.83%
Biweekly Salary
Total Income
$1,961.54
Salary
$1,961.54
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$408.50
Federal Tax
$176.31
Provincial Tax
$90.92
CPP Contributions
$108.70
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$32.56
Net Pay
$1,553.04
Marginal Tax Rate
18.65%
Average Tax Rate
13.62%
Comprehensive Deduction Rate
20.83%
Weekly Salary
Total Income
$980.77
Salary
$980.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$204.25
Federal Tax
$88.16
Provincial Tax
$45.46
CPP Contributions
$54.35
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$16.28
Net Pay
$776.52
Marginal Tax Rate
18.65%
Average Tax Rate
13.62%
Comprehensive Deduction Rate
20.83%
Daily Salary
Total Income
$196.15
Salary
$196.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$40.85
Federal Tax
$17.63
Provincial Tax
$9.09
CPP Contributions
$10.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.26
Net Pay
$155.30
Marginal Tax Rate
18.65%
Average Tax Rate
13.62%
Comprehensive Deduction Rate
20.83%
Hourly Salary
Total Income
$26.15
Salary
$26.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$5.45
Federal Tax
$2.35
Provincial Tax
$1.21
CPP Contributions
$1.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.43
Net Pay
$20.71
Marginal Tax Rate
18.65%
Average Tax Rate
13.62%
Comprehensive Deduction Rate
20.83%
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
$51,000.04
Total Deductions
$9,399.42
Net Pay
$41,600.62
Average Tax Rate
11.23%
Comprehensive Deduction Rate
18.43%
Total Income
$51,000.04
Total Deductions
$10,035.30
Net Pay
$40,964.74
Average Tax Rate
12.48%
Comprehensive Deduction Rate
19.68%
Total Income
$51,000.04
Total Deductions
$10,095.61
Net Pay
$40,904.43
Average Tax Rate
12.59%
Comprehensive Deduction Rate
19.8%
Total Income
$51,000.04
Total Deductions
$10,189.12
Net Pay
$40,810.92
Average Tax Rate
12.78%
Comprehensive Deduction Rate
19.98%
Total Income
$51,000.04
Total Deductions
$10,620.88
Net Pay
$40,379.16
Average Tax Rate
13.62%
Comprehensive Deduction Rate
20.83%
Total Income
$51,000.04
Total Deductions
$10,801.22
Net Pay
$40,198.82
Average Tax Rate
13.98%
Comprehensive Deduction Rate
21.18%
Total Income
$51,000.04
Total Deductions
$11,284.80
Net Pay
$39,715.24
Average Tax Rate
14.93%
Comprehensive Deduction Rate
22.13%
Total Income
$51,000.04
Total Deductions
$11,527.63
Net Pay
$39,472.41
Average Tax Rate
15.4%
Comprehensive Deduction Rate
22.6%
Total Income
$51,000.04
Total Deductions
$11,741.61
Net Pay
$39,258.43
Average Tax Rate
15.82%
Comprehensive Deduction Rate
23.02%
Total Income
$51,000.04
Total Deductions
$11,886.31
Net Pay
$39,113.73
Average Tax Rate
16.1%
Comprehensive Deduction Rate
23.31%
Total Income
$51,000.04
Total Deductions
$11,990.98
Net Pay
$39,009.06
Average Tax Rate
15.74%
Comprehensive Deduction Rate
23.51%
Total Income
$51,000.04
Total Deductions
$12,225.38
Net Pay
$38,774.66
Average Tax Rate
16.77%
Comprehensive Deduction Rate
23.97%
Total Income
$51,000.04
Total Deductions
$12,863.62
Net Pay
$38,136.42
Average Tax Rate
18.02%
Comprehensive Deduction Rate
25.22%
Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
---|---|---|---|---|---|
Nunavut | $51,000.04 | $9,399.42 | $41,600.62 | 11.23% | 18.43% |
Northwest Territories | $51,000.04 | $10,035.30 | $40,964.74 | 12.48% | 19.68% |
British Columbia | $51,000.04 | $10,095.61 | $40,904.43 | 12.59% | 19.8% |
Yukon | $51,000.04 | $10,189.12 | $40,810.92 | 12.78% | 19.98% |
Ontario | $51,000.04 | $10,620.88 | $40,379.16 | 13.62% | 20.83% |
Alberta | $51,000.04 | $10,801.22 | $40,198.82 | 13.98% | 21.18% |
Saskatchewan | $51,000.04 | $11,284.80 | $39,715.24 | 14.93% | 22.13% |
New Brunswick | $51,000.04 | $11,527.63 | $39,472.41 | 15.4% | 22.6% |
Manitoba | $51,000.04 | $11,741.61 | $39,258.43 | 15.82% | 23.02% |
Newfoundland and Labrador | $51,000.04 | $11,886.31 | $39,113.73 | 16.1% | 23.31% |
Quebec | $51,000.04 | $11,990.98 | $39,009.06 | 15.74% | 23.51% |
Prince Edward Island | $51,000.04 | $12,225.38 | $38,774.66 | 16.77% | 23.97% |
Nova Scotia | $51,000.04 | $12,863.62 | $38,136.42 | 18.02% | 25.22% |
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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