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 $121,001.40

Salary $121,001.40

Total Deductions $39,539.38

Federal Tax $19,072.86

Provincial Tax $15,361.90

CPP Contributions $4,055.50

EI Premiums $1,049.12

Net Pay $81,462.02

Marginal Tax Rate 44%

Average Tax Rate 28.46%

Comprehensive Deduction Rate 32.68%

$121,001.40 a year is how much per hour?
What is the minimum wage in Prince Edward Island in 2025?

Monthly Salary

Total Income $10,083.45

Salary $10,083.45

Total Deductions $3,294.95

Federal Tax $1,589.41

Provincial Tax $1,280.16

CPP Contributions $337.96

EI Premiums $87.43

Net Pay $6,788.50

Marginal Tax Rate 44%

Average Tax Rate 28.46%

Comprehensive Deduction Rate 32.68%

$10,083.45 a month is how much per year?
What is the minimum wage in Prince Edward Island in 2025?

Biweekly Salary

Total Income $4,653.90

Salary $4,653.90

Total Deductions $1,520.75

Federal Tax $733.57

Provincial Tax $590.84

CPP Contributions $155.98

EI Premiums $40.35

Net Pay $3,133.15

Marginal Tax Rate 44%

Average Tax Rate 28.46%

Comprehensive Deduction Rate 32.68%

$4,653.90 per two weeks is how much per year?
What is the minimum wage in Prince Edward Island in 2025?

Weekly Salary

Total Income $2,326.95

Salary $2,326.95

Total Deductions $760.37

Federal Tax $366.79

Provincial Tax $295.42

CPP Contributions $77.99

EI Premiums $20.18

Net Pay $1,566.58

Marginal Tax Rate 44%

Average Tax Rate 28.46%

Comprehensive Deduction Rate 32.68%

$2,326.95 a week is how much per year?
What is the minimum wage in Prince Edward Island in 2025?

Daily Salary

Total Income $465.39

Salary $465.39

Total Deductions $152.07

Federal Tax $73.36

Provincial Tax $59.08

CPP Contributions $15.60

EI Premiums $4.04

Net Pay $313.32

Marginal Tax Rate 44%

Average Tax Rate 28.46%

Comprehensive Deduction Rate 32.68%

$465.39 a day is how much per year?
What is the minimum wage in Prince Edward Island in 2025?

Hourly Salary

Total Income $62.05

Salary $62.05

Total Deductions $20.28

Federal Tax $9.78

Provincial Tax $7.88

CPP Contributions $2.08

EI Premiums $0.54

Net Pay $41.78

Marginal Tax Rate 44%

Average Tax Rate 28.46%

Comprehensive Deduction Rate 32.68%

$62.05 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 $121,001.40

Total Deductions $30,409.83

Net Pay $90,591.57

Average Tax Rate 20.91%

Comprehensive Deduction Rate 25.13%

British Columbia

Total Income $121,001.40

Total Deductions $32,266.70

Net Pay $88,734.70

Average Tax Rate 22.45%

Comprehensive Deduction Rate 26.67%

Yukon

Total Income $121,001.40

Total Deductions $32,409.84

Net Pay $88,591.56

Average Tax Rate 22.57%

Comprehensive Deduction Rate 26.78%

Northwest Territories

Total Income $121,001.40

Total Deductions $32,642.94

Net Pay $88,358.46

Average Tax Rate 22.76%

Comprehensive Deduction Rate 26.98%

Alberta

Total Income $121,001.40

Total Deductions $33,643.87

Net Pay $87,357.53

Average Tax Rate 23.59%

Comprehensive Deduction Rate 27.8%

Ontario

Total Income $121,001.40

Total Deductions $34,479.99

Net Pay $86,521.41

Average Tax Rate 24.28%

Comprehensive Deduction Rate 28.5%

Saskatchewan

Total Income $121,001.40

Total Deductions $35,852.58

Net Pay $85,148.82

Average Tax Rate 25.41%

Comprehensive Deduction Rate 29.63%

Manitoba

Total Income $121,001.40

Total Deductions $37,479.61

Net Pay $83,521.79

Average Tax Rate 26.76%

Comprehensive Deduction Rate 30.97%

New Brunswick

Total Income $121,001.40

Total Deductions $37,597.02

Net Pay $83,404.38

Average Tax Rate 26.85%

Comprehensive Deduction Rate 31.07%

Newfoundland and Labrador

Total Income $121,001.40

Total Deductions $38,338.16

Net Pay $82,663.24

Average Tax Rate 27.47%

Comprehensive Deduction Rate 31.68%

Prince Edward Island

Total Income $121,001.40

Total Deductions $39,539.38

Net Pay $81,462.02

Average Tax Rate 28.46%

Comprehensive Deduction Rate 32.68%

Quebec

Total Income $121,001.40

Total Deductions $39,781.62

Net Pay $81,219.78

Average Tax Rate 28.21%

Comprehensive Deduction Rate 32.88%

Nova Scotia

Total Income $121,001.40

Total Deductions $40,602.87

Net Pay $80,398.53

Average Tax Rate 29.34%

Comprehensive Deduction Rate 33.56%

Region	Total Income	Total Deductions	Net Pay	Avg. Tax Rate	Comp. Deduction Rate
Nunavut	$121,001.40	$30,409.83	$90,591.57	20.91%	25.13%
British Columbia	$121,001.40	$32,266.70	$88,734.70	22.45%	26.67%
Yukon	$121,001.40	$32,409.84	$88,591.56	22.57%	26.78%
Northwest Territories	$121,001.40	$32,642.94	$88,358.46	22.76%	26.98%
Alberta	$121,001.40	$33,643.87	$87,357.53	23.59%	27.8%
Ontario	$121,001.40	$34,479.99	$86,521.41	24.28%	28.5%
Saskatchewan	$121,001.40	$35,852.58	$85,148.82	25.41%	29.63%
Manitoba	$121,001.40	$37,479.61	$83,521.79	26.76%	30.97%
New Brunswick	$121,001.40	$37,597.02	$83,404.38	26.85%	31.07%
Newfoundland and Labrador	$121,001.40	$38,338.16	$82,663.24	27.47%	31.68%
Prince Edward Island	$121,001.40	$39,539.38	$81,462.02	28.46%	32.68%
Quebec	$121,001.40	$39,781.62	$81,219.78	28.21%	32.88%
Nova Scotia	$121,001.40	$40,602.87	$80,398.53	29.34%	33.56%

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.