2024 Prince Edward Island Income Tax Calculator

Calculate your take-home pay after tax.

Province/Territory

Tax Year

Salary

Rate

Work Hours per Day

Bonus

Commission

Pension Income

Taxable Benefit

RRSP

Your Results

Yearly Salary

Total Income $42,876.08

Salary $42,876.08

Total Deductions $9,425.04

Federal Tax $3,448.76

Provincial Tax $2,921.66

CPP Contributions $2,342.88

EI Premiums $711.74

Net Pay $33,451.04

Marginal Tax Rate 26.86%

Average Tax Rate 14.86%

Comprehensive Deduction Rate 21.98%

$42,876.08 a year is how much per hour?
What is the minimum wage in Prince Edward Island in 2025?

Monthly Salary

Total Income $3,573.01

Salary $3,573.01

Total Deductions $785.42

Federal Tax $287.40

Provincial Tax $243.47

CPP Contributions $195.24

EI Premiums $59.31

Net Pay $2,787.59

Marginal Tax Rate 26.86%

Average Tax Rate 14.86%

Comprehensive Deduction Rate 21.98%

$3,573.01 a month is how much per year?
What is the minimum wage in Prince Edward Island in 2025?

Biweekly Salary

Total Income $1,649.08

Salary $1,649.08

Total Deductions $362.50

Federal Tax $132.64

Provincial Tax $112.37

CPP Contributions $90.11

EI Premiums $27.37

Net Pay $1,286.58

Marginal Tax Rate 26.86%

Average Tax Rate 14.86%

Comprehensive Deduction Rate 21.98%

$1,649.08 per two weeks is how much per year?
What is the minimum wage in Prince Edward Island in 2025?

Weekly Salary

Total Income $824.54

Salary $824.54

Total Deductions $181.25

Federal Tax $66.32

Provincial Tax $56.19

CPP Contributions $45.06

EI Premiums $13.69

Net Pay $643.29

Marginal Tax Rate 26.86%

Average Tax Rate 14.86%

Comprehensive Deduction Rate 21.98%

$824.54 a week is how much per year?
What is the minimum wage in Prince Edward Island in 2025?

Daily Salary

Total Income $164.91

Salary $164.91

Total Deductions $36.25

Federal Tax $13.26

Provincial Tax $11.24

CPP Contributions $9.01

EI Premiums $2.74

Net Pay $128.66

Marginal Tax Rate 26.86%

Average Tax Rate 14.86%

Comprehensive Deduction Rate 21.98%

$164.91 a day is how much per year?
What is the minimum wage in Prince Edward Island in 2025?

Hourly Salary

Total Income $21.99

Salary $21.99

Total Deductions $4.83

Federal Tax $1.77

Provincial Tax $1.50

CPP Contributions $1.20

EI Premiums $0.36

Net Pay $17.15

Marginal Tax Rate 26.86%

Average Tax Rate 14.86%

Comprehensive Deduction Rate 21.98%

$21.99 an hour is how much per year?
What is the minimum wage in Prince Edward Island in 2025?

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%

Prince Edward Island Tax Bracket	Prince Edward Island Tax Rates
$32,656.00 or less	9.65%
$32,656.00 - $64,312.99	13.63%
$64,313.00 - $104,999.99	16.65%
$105,000.00 - $139,999.99	18%
More than $140,000.00	18.75%

Annual Income Tax by Province/Territory

Nunavut

Total Income $42,876.08

Total Deductions $7,345.56

Net Pay $35,530.52

Average Tax Rate 10.01%

Comprehensive Deduction Rate 17.13%

Northwest Territories

Total Income $42,876.08

Total Deductions $7,827.84

Net Pay $35,048.24

Average Tax Rate 11.13%

Comprehensive Deduction Rate 18.26%

British Columbia

Total Income $42,876.08

Total Deductions $7,881.80

Net Pay $34,994.28

Average Tax Rate 11.26%

Comprehensive Deduction Rate 18.38%

Yukon

Total Income $42,876.08

Total Deductions $7,955.12

Net Pay $34,920.96

Average Tax Rate 11.43%

Comprehensive Deduction Rate 18.55%

Alberta

Total Income $42,876.08

Total Deductions $8,297.03

Net Pay $34,579.05

Average Tax Rate 12.23%

Comprehensive Deduction Rate 19.35%

Ontario

Total Income $42,876.08

Total Deductions $8,338.21

Net Pay $34,537.87

Average Tax Rate 12.32%

Comprehensive Deduction Rate 19.45%

Saskatchewan

Total Income $42,876.08

Total Deductions $8,743.07

Net Pay $34,133.01

Average Tax Rate 13.27%

Comprehensive Deduction Rate 20.39%

New Brunswick

Total Income $42,876.08

Total Deductions $9,020.46

Net Pay $33,855.62

Average Tax Rate 13.91%

Comprehensive Deduction Rate 21.04%

Newfoundland and Labrador

Total Income $42,876.08

Total Deductions $9,026.68

Net Pay $33,849.40

Average Tax Rate 13.93%

Comprehensive Deduction Rate 21.05%

Manitoba

Total Income $42,876.08

Total Deductions $9,099.86

Net Pay $33,776.22

Average Tax Rate 14.1%

Comprehensive Deduction Rate 21.22%

Quebec

Total Income $42,876.08

Total Deductions $9,248.60

Net Pay $33,627.48

Average Tax Rate 13.88%

Comprehensive Deduction Rate 21.57%

Prince Edward Island

Total Income $42,876.08

Total Deductions $9,425.04

Net Pay $33,451.04

Average Tax Rate 14.86%

Comprehensive Deduction Rate 21.98%

Nova Scotia

Total Income $42,876.08

Total Deductions $9,906.95

Net Pay $32,969.13

Average Tax Rate 15.98%

Comprehensive Deduction Rate 23.11%

Region	Total Income	Total Deductions	Net Pay	Avg. Tax Rate	Comp. Deduction Rate
Nunavut	$42,876.08	$7,345.56	$35,530.52	10.01%	17.13%
Northwest Territories	$42,876.08	$7,827.84	$35,048.24	11.13%	18.26%
British Columbia	$42,876.08	$7,881.80	$34,994.28	11.26%	18.38%
Yukon	$42,876.08	$7,955.12	$34,920.96	11.43%	18.55%
Alberta	$42,876.08	$8,297.03	$34,579.05	12.23%	19.35%
Ontario	$42,876.08	$8,338.21	$34,537.87	12.32%	19.45%
Saskatchewan	$42,876.08	$8,743.07	$34,133.01	13.27%	20.39%
New Brunswick	$42,876.08	$9,020.46	$33,855.62	13.91%	21.04%
Newfoundland and Labrador	$42,876.08	$9,026.68	$33,849.40	13.93%	21.05%
Manitoba	$42,876.08	$9,099.86	$33,776.22	14.1%	21.22%
Quebec	$42,876.08	$9,248.60	$33,627.48	13.88%	21.57%
Prince Edward Island	$42,876.08	$9,425.04	$33,451.04	14.86%	21.98%
Nova Scotia	$42,876.08	$9,906.95	$32,969.13	15.98%	23.11%

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.