2021 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$121,200.00
Salary
$121,200.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$36,346.53
Federal Tax
$20,555.85
Provincial Tax
$11,734.69
CPP Contributions
$3,166.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$889.54
Net Pay
$84,853.47
Marginal Tax Rate
43.41%
Average Tax Rate
26.64%
Comprehensive Deduction Rate
29.99%
Monthly Salary
Total Income
$10,100.00
Salary
$10,100.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,028.88
Federal Tax
$1,712.99
Provincial Tax
$977.89
CPP Contributions
$263.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$74.13
Net Pay
$7,071.12
Marginal Tax Rate
43.41%
Average Tax Rate
26.64%
Comprehensive Deduction Rate
29.99%
Biweekly Salary
Total Income
$4,661.54
Salary
$4,661.54
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,397.94
Federal Tax
$790.61
Provincial Tax
$451.33
CPP Contributions
$121.79
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$34.21
Net Pay
$3,263.60
Marginal Tax Rate
43.41%
Average Tax Rate
26.64%
Comprehensive Deduction Rate
29.99%
Weekly Salary
Total Income
$2,330.77
Salary
$2,330.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$698.97
Federal Tax
$395.30
Provincial Tax
$225.67
CPP Contributions
$60.89
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$17.11
Net Pay
$1,631.80
Marginal Tax Rate
43.41%
Average Tax Rate
26.64%
Comprehensive Deduction Rate
29.99%
Daily Salary
Total Income
$466.15
Salary
$466.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$139.79
Federal Tax
$79.06
Provincial Tax
$45.13
CPP Contributions
$12.18
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.42
Net Pay
$326.36
Marginal Tax Rate
43.41%
Average Tax Rate
26.64%
Comprehensive Deduction Rate
29.99%
Hourly Salary
Total Income
$62.15
Salary
$62.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$18.64
Federal Tax
$10.54
Provincial Tax
$6.02
CPP Contributions
$1.62
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.46
Net Pay
$43.51
Marginal Tax Rate
43.41%
Average Tax Rate
26.64%
Comprehensive Deduction Rate
29.99%
Federal and Provincial/Territorial Tax Brackets
Your taxable income in the following tax brackets.
| Federal Tax Bracket | Federal Tax Rates |
|---|---|
| $49,020.00 or less | 15% |
| $49,020.00 - $98,039.99 | 20.5% |
| $98,040.00 - $151,977.99 | 26% |
| $151,978.00 - $216,510.99 | 29% |
| More than $216,511.00 | 33% |
| Ontario Tax Bracket | Ontario Tax Rates |
|---|---|
| $45,142.00 or less | 5.05% |
| $45,142.00 - $90,286.99 | 9.15% |
| $90,287.00 - $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
$121,200.00
Total Deductions
$31,426.92
Net Pay
$89,773.08
Average Tax Rate
22.58%
Comprehensive Deduction Rate
25.93%
Total Income
$121,200.00
Total Deductions
$33,462.67
Net Pay
$87,737.33
Average Tax Rate
24.26%
Comprehensive Deduction Rate
27.61%
Total Income
$121,200.00
Total Deductions
$33,617.87
Net Pay
$87,582.13
Average Tax Rate
24.39%
Comprehensive Deduction Rate
27.74%
Total Income
$121,200.00
Total Deductions
$33,864.60
Net Pay
$87,335.40
Average Tax Rate
24.59%
Comprehensive Deduction Rate
27.94%
Total Income
$121,200.00
Total Deductions
$34,389.34
Net Pay
$86,810.66
Average Tax Rate
25.03%
Comprehensive Deduction Rate
28.37%
Total Income
$121,200.00
Total Deductions
$36,346.53
Net Pay
$84,853.47
Average Tax Rate
26.64%
Comprehensive Deduction Rate
29.99%
Total Income
$121,200.00
Total Deductions
$36,718.33
Net Pay
$84,481.67
Average Tax Rate
26.95%
Comprehensive Deduction Rate
30.3%
Total Income
$121,200.00
Total Deductions
$39,379.94
Net Pay
$81,820.06
Average Tax Rate
29.15%
Comprehensive Deduction Rate
32.49%
Total Income
$121,200.00
Total Deductions
$39,515.80
Net Pay
$81,684.20
Average Tax Rate
29.26%
Comprehensive Deduction Rate
32.6%
Total Income
$121,200.00
Total Deductions
$40,142.50
Net Pay
$81,057.50
Average Tax Rate
29.77%
Comprehensive Deduction Rate
33.12%
Total Income
$121,200.00
Total Deductions
$40,609.74
Net Pay
$80,590.26
Average Tax Rate
30.16%
Comprehensive Deduction Rate
33.51%
Total Income
$121,200.00
Total Deductions
$41,106.84
Net Pay
$80,093.16
Average Tax Rate
30.57%
Comprehensive Deduction Rate
33.92%
Total Income
$121,200.00
Total Deductions
$42,378.17
Net Pay
$78,821.83
Average Tax Rate
31.24%
Comprehensive Deduction Rate
34.97%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $121,200.00 | $31,426.92 | $89,773.08 | 22.58% | 25.93% |
| Yukon | $121,200.00 | $33,462.67 | $87,737.33 | 24.26% | 27.61% |
| British Columbia | $121,200.00 | $33,617.87 | $87,582.13 | 24.39% | 27.74% |
| Northwest Territories | $121,200.00 | $33,864.60 | $87,335.40 | 24.59% | 27.94% |
| Alberta | $121,200.00 | $34,389.34 | $86,810.66 | 25.03% | 28.37% |
| Ontario | $121,200.00 | $36,346.53 | $84,853.47 | 26.64% | 29.99% |
| Saskatchewan | $121,200.00 | $36,718.33 | $84,481.67 | 26.95% | 30.3% |
| Newfoundland and Labrador | $121,200.00 | $39,379.94 | $81,820.06 | 29.15% | 32.49% |
| New Brunswick | $121,200.00 | $39,515.80 | $81,684.20 | 29.26% | 32.6% |
| Manitoba | $121,200.00 | $40,142.50 | $81,057.50 | 29.77% | 33.12% |
| Prince Edward Island | $121,200.00 | $40,609.74 | $80,590.26 | 30.16% | 33.51% |
| Nova Scotia | $121,200.00 | $41,106.84 | $80,093.16 | 30.57% | 33.92% |
| Quebec | $121,200.00 | $42,378.17 | $78,821.83 | 31.24% | 34.97% |
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.
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