Job Title or Location

2025 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Your Results

Yearly Salary
Total Income $120,060.20
Salary $120,060.20
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $33,778.56
Federal Tax $18,443.62
Provincial Tax $9,827.36
CPP Contributions $4,430.10
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $1,077.48
Net Pay $86,281.64
Marginal Tax Rate 43.41%
Average Tax Rate 23.55%
Comprehensive Deduction Rate 28.13%
$120,060.20 a year is how much per hour?
What is the minimum wage in Ontario in 2025?
Monthly Salary
Total Income $10,005.02
Salary $10,005.02
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $2,814.88
Federal Tax $1,536.97
Provincial Tax $818.95
CPP Contributions $369.18
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $89.79
Net Pay $7,190.14
Marginal Tax Rate 43.41%
Average Tax Rate 23.55%
Comprehensive Deduction Rate 28.13%
$10,005.02 a month is how much per year?
What is the minimum wage in Ontario in 2025?
Biweekly Salary
Total Income $4,617.70
Salary $4,617.70
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $1,299.18
Federal Tax $709.37
Provincial Tax $377.98
CPP Contributions $170.39
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $41.44
Net Pay $3,318.52
Marginal Tax Rate 43.41%
Average Tax Rate 23.55%
Comprehensive Deduction Rate 28.13%
$4,617.70 per two weeks is how much per year?
What is the minimum wage in Ontario in 2025?
Weekly Salary
Total Income $2,308.85
Salary $2,308.85
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $649.59
Federal Tax $354.69
Provincial Tax $188.99
CPP Contributions $85.19
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $20.72
Net Pay $1,659.26
Marginal Tax Rate 43.41%
Average Tax Rate 23.55%
Comprehensive Deduction Rate 28.13%
$2,308.85 a week is how much per year?
What is the minimum wage in Ontario in 2025?
Daily Salary
Total Income $461.77
Salary $461.77
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $129.92
Federal Tax $70.94
Provincial Tax $37.80
CPP Contributions $17.04
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $4.14
Net Pay $331.85
Marginal Tax Rate 43.41%
Average Tax Rate 23.55%
Comprehensive Deduction Rate 28.13%
$461.77 a day is how much per year?
What is the minimum wage in Ontario in 2025?
Hourly Salary
Total Income $61.57
Salary $61.57
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $17.32
Federal Tax $9.46
Provincial Tax $5.04
CPP Contributions $2.27
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $0.55
Net Pay $44.25
Marginal Tax Rate 43.41%
Average Tax Rate 23.55%
Comprehensive Deduction Rate 28.13%
$61.57 an hour is how much per year?
What is the minimum wage in Ontario in 2025?

Federal and Provincial/Territorial Tax Brackets

Your taxable income in the following tax brackets.
Federal Tax Bracket Federal Tax Rates
$57,375.00 or less 14.5%
$57,375.00 - $114,749.99 20.5%
$114,750.00 - $177,881.99 26%
$177,882.00 - $253,413.99 29%
More than $253,414.00 33%
Ontario Tax Bracket Ontario Tax Rates
$52,886.00 or less 5.05%
$52,886.00 - $105,774.99 9.15%
$105,775.00 - $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 $120,060.20
Total Deductions $29,549.42
Net Pay $90,510.78
Average Tax Rate 20.02%
Comprehensive Deduction Rate 24.61%
Total Income $120,060.20
Total Deductions $29,979.32
Net Pay $90,080.88
Average Tax Rate 20.38%
Comprehensive Deduction Rate 24.97%
Total Income $120,060.20
Total Deductions $31,741.90
Net Pay $88,318.30
Average Tax Rate 21.85%
Comprehensive Deduction Rate 26.44%
Total Income $120,060.20
Total Deductions $31,955.61
Net Pay $88,104.59
Average Tax Rate 22.03%
Comprehensive Deduction Rate 26.62%
Total Income $120,060.20
Total Deductions $32,139.28
Net Pay $87,920.92
Average Tax Rate 22.18%
Comprehensive Deduction Rate 26.77%
Total Income $120,060.20
Total Deductions $33,778.56
Net Pay $86,281.64
Average Tax Rate 23.55%
Comprehensive Deduction Rate 28.13%
Total Income $120,060.20
Total Deductions $35,325.14
Net Pay $84,735.06
Average Tax Rate 24.84%
Comprehensive Deduction Rate 29.42%
Total Income $120,060.20
Total Deductions $37,005.19
Net Pay $83,055.01
Average Tax Rate 26.23%
Comprehensive Deduction Rate 30.82%
Total Income $120,060.20
Total Deductions $37,072.85
Net Pay $82,987.35
Average Tax Rate 26.29%
Comprehensive Deduction Rate 30.88%
Total Income $120,060.20
Total Deductions $37,860.16
Net Pay $82,200.04
Average Tax Rate 26.95%
Comprehensive Deduction Rate 31.53%
Total Income $120,060.20
Total Deductions $38,836.87
Net Pay $81,223.33
Average Tax Rate 27.76%
Comprehensive Deduction Rate 32.35%
Total Income $120,060.20
Total Deductions $39,109.71
Net Pay $80,950.49
Average Tax Rate 27.51%
Comprehensive Deduction Rate 32.58%
Total Income $120,060.20
Total Deductions $39,814.73
Net Pay $80,245.47
Average Tax Rate 28.57%
Comprehensive Deduction Rate 33.16%
Region Total Income Total Deductions Net Pay Avg. Tax Rate Comp. Deduction Rate
Alberta $120,060.20 $29,549.42 $90,510.78 20.02% 24.61%
Nunavut $120,060.20 $29,979.32 $90,080.88 20.38% 24.97%
British Columbia $120,060.20 $31,741.90 $88,318.30 21.85% 26.44%
Yukon $120,060.20 $31,955.61 $88,104.59 22.03% 26.62%
Northwest Territories $120,060.20 $32,139.28 $87,920.92 22.18% 26.77%
Ontario $120,060.20 $33,778.56 $86,281.64 23.55% 28.13%
Saskatchewan $120,060.20 $35,325.14 $84,735.06 24.84% 29.42%
Manitoba $120,060.20 $37,005.19 $83,055.01 26.23% 30.82%
New Brunswick $120,060.20 $37,072.85 $82,987.35 26.29% 30.88%
Newfoundland and Labrador $120,060.20 $37,860.16 $82,200.04 26.95% 31.53%
Prince Edward Island $120,060.20 $38,836.87 $81,223.33 27.76% 32.35%
Quebec $120,060.20 $39,109.71 $80,950.49 27.51% 32.58%
Nova Scotia $120,060.20 $39,814.73 $80,245.47 28.57% 33.16%
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.

Jobs paying $2,309+/week

Director, Corporate Giving
Director, Corporate Giving
Canadian Red Cross - 39 Jobs
Toronto, ON
$115,223 - $122,425 / year
Full-time
15 days ago
Manager Treasury and Securitization
Manager Treasury and Securitization
League Savings and Mortgage - 3 Jobs
Multiple Locations
$117,456 - $138,184 / year
Full-time
5 days ago
See all jobs in Ontario