2024 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Your Results


Yearly Salary
Total Income $999,999.96
Salary $999,999.96
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $496,561.72
Federal Tax $302,546.48
Provincial Tax $188,910.62
CPP Contributions $4,055.50
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $1,049.12

Net Pay $503,438.24

Marginal Tax Rate 53.53%
Average Tax Rate 49.15%
Comprehensive Deduction Rate 49.66%
Monthly Salary
Total Income $83,333.33
Salary $83,333.33
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $41,380.14
Federal Tax $25,212.21
Provincial Tax $15,742.55
CPP Contributions $337.96
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $87.43

Net Pay $41,953.19

Marginal Tax Rate 53.53%
Average Tax Rate 49.15%
Comprehensive Deduction Rate 49.66%
Biweekly Salary
Total Income $38,461.54
Salary $38,461.54
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $19,098.53
Federal Tax $11,636.40
Provincial Tax $7,265.79
CPP Contributions $155.98
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $40.35

Net Pay $19,363.01

Marginal Tax Rate 53.53%
Average Tax Rate 49.15%
Comprehensive Deduction Rate 49.66%
Weekly Salary
Total Income $19,230.77
Salary $19,230.77
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $9,549.26
Federal Tax $5,818.20
Provincial Tax $3,632.90
CPP Contributions $77.99
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $20.18

Net Pay $9,681.50

Marginal Tax Rate 53.53%
Average Tax Rate 49.15%
Comprehensive Deduction Rate 49.66%
Daily Salary
Total Income $3,846.15
Salary $3,846.15
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $1,909.85
Federal Tax $1,163.64
Provincial Tax $726.58
CPP Contributions $15.60
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $4.04

Net Pay $1,936.30

Marginal Tax Rate 53.53%
Average Tax Rate 49.15%
Comprehensive Deduction Rate 49.66%
Hourly Salary
Total Income $512.82
Salary $512.82
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $254.65
Federal Tax $155.15
Provincial Tax $96.88
CPP Contributions $2.08
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $0.54

Net Pay $258.17

Marginal Tax Rate 53.53%
Average Tax Rate 49.15%
Comprehensive Deduction Rate 49.66%

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 $999,999.96
Total Deductions $413,663.32
Net Pay $586,336.64
Average Tax Rate 40.86%
Comprehensive Deduction Rate 41.37%
Total Income $999,999.96
Total Deductions $438,403.30
Net Pay $561,596.66
Average Tax Rate 43.33%
Comprehensive Deduction Rate 43.84%
Total Income $999,999.96
Total Deductions $438,810.38
Net Pay $561,189.58
Average Tax Rate 43.37%
Comprehensive Deduction Rate 43.88%
Total Income $999,999.96
Total Deductions $444,342.34
Net Pay $555,657.62
Average Tax Rate 43.92%
Comprehensive Deduction Rate 44.43%
Total Income $999,999.96
Total Deductions $446,226.01
Net Pay $553,773.95
Average Tax Rate 44.11%
Comprehensive Deduction Rate 44.62%
Total Income $999,999.96
Total Deductions $473,898.98
Net Pay $526,100.98
Average Tax Rate 46.88%
Comprehensive Deduction Rate 47.39%
Total Income $999,999.96
Total Deductions $487,682.74
Net Pay $512,317.22
Average Tax Rate 48.26%
Comprehensive Deduction Rate 48.77%
Total Income $999,999.96
Total Deductions $489,490.24
Net Pay $510,509.72
Average Tax Rate 48.44%
Comprehensive Deduction Rate 48.95%
Total Income $999,999.96
Total Deductions $490,232.41
Net Pay $509,767.55
Average Tax Rate 48.51%
Comprehensive Deduction Rate 49.02%
Total Income $999,999.96
Total Deductions $496,561.72
Net Pay $503,438.24
Average Tax Rate 49.15%
Comprehensive Deduction Rate 49.66%
Total Income $999,999.96
Total Deductions $502,715.14
Net Pay $497,284.82
Average Tax Rate 49.71%
Comprehensive Deduction Rate 50.27%
Total Income $999,999.96
Total Deductions $502,772.55
Net Pay $497,227.41
Average Tax Rate 49.77%
Comprehensive Deduction Rate 50.28%
Total Income $999,999.96
Total Deductions $507,651.23
Net Pay $492,348.73
Average Tax Rate 50.25%
Comprehensive Deduction Rate 50.77%
Region Total Income Total Deductions Net Pay Avg. Tax Rate Comp. Deduction Rate
Nunavut $999,999.96 $413,663.32 $586,336.64 40.86% 41.37%
Yukon $999,999.96 $438,403.30 $561,596.66 43.33% 43.84%
Northwest Territories $999,999.96 $438,810.38 $561,189.58 43.37% 43.88%
Alberta $999,999.96 $444,342.34 $555,657.62 43.92% 44.43%
Saskatchewan $999,999.96 $446,226.01 $553,773.95 44.11% 44.62%
Manitoba $999,999.96 $473,898.98 $526,100.98 46.88% 47.39%
Prince Edward Island $999,999.96 $487,682.74 $512,317.22 48.26% 48.77%
British Columbia $999,999.96 $489,490.24 $510,509.72 48.44% 48.95%
New Brunswick $999,999.96 $490,232.41 $509,767.55 48.51% 49.02%
Ontario $999,999.96 $496,561.72 $503,438.24 49.15% 49.66%
Quebec $999,999.96 $502,715.14 $497,284.82 49.71% 50.27%
Newfoundland and Labrador $999,999.96 $502,772.55 $497,227.41 49.77% 50.28%
Nova Scotia $999,999.96 $507,651.23 $492,348.73 50.25% 50.77%
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.