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 $26,812.76

Salary $26,812.76

Total Deductions $4,120.83

Federal Tax $1,203.76

Provincial Tax $1,084.87

CPP Contributions $1,387.11

EI Premiums $445.09

Net Pay $22,691.93

Marginal Tax Rate 22.89%

Average Tax Rate 8.54%

Comprehensive Deduction Rate 15.37%

$26,812.76 a year is how much per hour?
What is the minimum wage in Prince Edward Island in 2024?

Monthly Salary

Total Income $2,234.40

Salary $2,234.40

Total Deductions $343.40

Federal Tax $100.31

Provincial Tax $90.41

CPP Contributions $115.59

EI Premiums $37.09

Net Pay $1,890.99

Marginal Tax Rate 22.89%

Average Tax Rate 8.54%

Comprehensive Deduction Rate 15.37%

$2,234.40 a month is how much per year?
What is the minimum wage in Prince Edward Island in 2024?

Biweekly Salary

Total Income $1,031.26

Salary $1,031.26

Total Deductions $158.49

Federal Tax $46.30

Provincial Tax $41.73

CPP Contributions $53.35

EI Premiums $17.12

Net Pay $872.77

Marginal Tax Rate 22.89%

Average Tax Rate 8.54%

Comprehensive Deduction Rate 15.37%

$1,031.26 per two weeks is how much per year?
What is the minimum wage in Prince Edward Island in 2024?

Weekly Salary

Total Income $515.63

Salary $515.63

Total Deductions $79.25

Federal Tax $23.15

Provincial Tax $20.86

CPP Contributions $26.68

EI Premiums $8.56

Net Pay $436.38

Marginal Tax Rate 22.89%

Average Tax Rate 8.54%

Comprehensive Deduction Rate 15.37%

$515.63 a week is how much per year?
What is the minimum wage in Prince Edward Island in 2024?

Daily Salary

Total Income $103.13

Salary $103.13

Total Deductions $15.85

Federal Tax $4.63

Provincial Tax $4.17

CPP Contributions $5.34

EI Premiums $1.71

Net Pay $87.28

Marginal Tax Rate 22.89%

Average Tax Rate 8.54%

Comprehensive Deduction Rate 15.37%

$103.13 a day is how much per year?
What is the minimum wage in Prince Edward Island in 2024?

Hourly Salary

Total Income $13.75

Salary $13.75

Total Deductions $2.11

Federal Tax $0.62

Provincial Tax $0.56

CPP Contributions $0.71

EI Premiums $0.23

Net Pay $11.64

Marginal Tax Rate 22.89%

Average Tax Rate 8.54%

Comprehensive Deduction Rate 15.37%

$13.75 an hour is how much per year?
What is the minimum wage in Prince Edward Island in 2024?

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

British Columbia

Total Income $26,812.76

Total Deductions $3,204.53

Net Pay $23,608.23

Average Tax Rate 5.12%

Comprehensive Deduction Rate 11.95%

Nunavut

Total Income $26,812.76

Total Deductions $3,284.50

Net Pay $23,528.26

Average Tax Rate 5.42%

Comprehensive Deduction Rate 12.25%

Alberta

Total Income $26,812.76

Total Deductions $3,345.52

Net Pay $23,467.24

Average Tax Rate 5.64%

Comprehensive Deduction Rate 12.48%

Northwest Territories

Total Income $26,812.76

Total Deductions $3,484.80

Net Pay $23,327.96

Average Tax Rate 6.16%

Comprehensive Deduction Rate 13%

Yukon

Total Income $26,812.76

Total Deductions $3,537.89

Net Pay $23,274.87

Average Tax Rate 6.36%

Comprehensive Deduction Rate 13.19%

Saskatchewan

Total Income $26,812.76

Total Deductions $3,717.36

Net Pay $23,095.40

Average Tax Rate 7.03%

Comprehensive Deduction Rate 13.86%

Quebec

Total Income $26,812.76

Total Deductions $3,826.20

Net Pay $22,986.56

Average Tax Rate 6.89%

Comprehensive Deduction Rate 14.27%

Ontario

Total Income $26,812.76

Total Deductions $3,971.32

Net Pay $22,841.44

Average Tax Rate 7.98%

Comprehensive Deduction Rate 14.81%

Manitoba

Total Income $26,812.76

Total Deductions $4,029.62

Net Pay $22,783.14

Average Tax Rate 8.2%

Comprehensive Deduction Rate 15.03%

Prince Edward Island

Total Income $26,812.76

Total Deductions $4,120.83

Net Pay $22,691.93

Average Tax Rate 8.54%

Comprehensive Deduction Rate 15.37%

New Brunswick

Total Income $26,812.76

Total Deductions $4,157.99

Net Pay $22,654.77

Average Tax Rate 8.67%

Comprehensive Deduction Rate 15.51%

Nova Scotia

Total Income $26,812.76

Total Deductions $4,232.13

Net Pay $22,580.63

Average Tax Rate 8.95%

Comprehensive Deduction Rate 15.78%

Newfoundland and Labrador

Total Income $26,812.76

Total Deductions $4,268.10

Net Pay $22,544.66

Average Tax Rate 9.08%

Comprehensive Deduction Rate 15.92%

Region	Total Income	Total Deductions	Net Pay	Average Tax Rate	Comprehensive Deduction Rate
British Columbia	$26,812.76	$3,204.53	$23,608.23	5.12%	11.95%
Nunavut	$26,812.76	$3,284.50	$23,528.26	5.42%	12.25%
Alberta	$26,812.76	$3,345.52	$23,467.24	5.64%	12.48%
Northwest Territories	$26,812.76	$3,484.80	$23,327.96	6.16%	13%
Yukon	$26,812.76	$3,537.89	$23,274.87	6.36%	13.19%
Saskatchewan	$26,812.76	$3,717.36	$23,095.40	7.03%	13.86%
Quebec	$26,812.76	$3,826.20	$22,986.56	6.89%	14.27%
Ontario	$26,812.76	$3,971.32	$22,841.44	7.98%	14.81%
Manitoba	$26,812.76	$4,029.62	$22,783.14	8.2%	15.03%
Prince Edward Island	$26,812.76	$4,120.83	$22,691.93	8.54%	15.37%
New Brunswick	$26,812.76	$4,157.99	$22,654.77	8.67%	15.51%
Nova Scotia	$26,812.76	$4,232.13	$22,580.63	8.95%	15.78%
Newfoundland and Labrador	$26,812.76	$4,268.10	$22,544.66	9.08%	15.92%

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.