2021 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$122,400.00
Salary
$122,400.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$36,867.45
Federal Tax
$20,867.85
Provincial Tax
$11,943.61
CPP Contributions
$3,166.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$889.54
Net Pay
$85,532.55
Marginal Tax Rate
43.41%
Average Tax Rate
26.81%
Comprehensive Deduction Rate
30.12%
Monthly Salary
Total Income
$10,200.00
Salary
$10,200.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,072.29
Federal Tax
$1,738.99
Provincial Tax
$995.30
CPP Contributions
$263.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$74.13
Net Pay
$7,127.71
Marginal Tax Rate
43.41%
Average Tax Rate
26.81%
Comprehensive Deduction Rate
30.12%
Biweekly Salary
Total Income
$4,707.69
Salary
$4,707.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,417.98
Federal Tax
$802.61
Provincial Tax
$459.37
CPP Contributions
$121.79
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$34.21
Net Pay
$3,289.71
Marginal Tax Rate
43.41%
Average Tax Rate
26.81%
Comprehensive Deduction Rate
30.12%
Weekly Salary
Total Income
$2,353.85
Salary
$2,353.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$708.99
Federal Tax
$401.30
Provincial Tax
$229.68
CPP Contributions
$60.89
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$17.11
Net Pay
$1,644.86
Marginal Tax Rate
43.41%
Average Tax Rate
26.81%
Comprehensive Deduction Rate
30.12%
Daily Salary
Total Income
$470.77
Salary
$470.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$141.80
Federal Tax
$80.26
Provincial Tax
$45.94
CPP Contributions
$12.18
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.42
Net Pay
$328.97
Marginal Tax Rate
43.41%
Average Tax Rate
26.81%
Comprehensive Deduction Rate
30.12%
Hourly Salary
Total Income
$62.77
Salary
$62.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$18.91
Federal Tax
$10.70
Provincial Tax
$6.12
CPP Contributions
$1.62
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.46
Net Pay
$43.86
Marginal Tax Rate
43.41%
Average Tax Rate
26.81%
Comprehensive Deduction Rate
30.12%
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
$122,400.00
Total Deductions
$31,846.92
Net Pay
$90,553.08
Average Tax Rate
22.71%
Comprehensive Deduction Rate
26.02%
Total Income
$122,400.00
Total Deductions
$33,905.47
Net Pay
$88,494.53
Average Tax Rate
24.39%
Comprehensive Deduction Rate
27.7%
Total Income
$122,400.00
Total Deductions
$34,106.27
Net Pay
$88,293.73
Average Tax Rate
24.55%
Comprehensive Deduction Rate
27.86%
Total Income
$122,400.00
Total Deductions
$34,323.00
Net Pay
$88,077.00
Average Tax Rate
24.73%
Comprehensive Deduction Rate
28.04%
Total Income
$122,400.00
Total Deductions
$34,821.34
Net Pay
$87,578.66
Average Tax Rate
25.14%
Comprehensive Deduction Rate
28.45%
Total Income
$122,400.00
Total Deductions
$36,867.45
Net Pay
$85,532.55
Average Tax Rate
26.81%
Comprehensive Deduction Rate
30.12%
Total Income
$122,400.00
Total Deductions
$37,180.33
Net Pay
$85,219.67
Average Tax Rate
27.06%
Comprehensive Deduction Rate
30.38%
Total Income
$122,400.00
Total Deductions
$39,881.54
Net Pay
$82,518.46
Average Tax Rate
29.27%
Comprehensive Deduction Rate
32.58%
Total Income
$122,400.00
Total Deductions
$40,026.04
Net Pay
$82,373.96
Average Tax Rate
29.39%
Comprehensive Deduction Rate
32.7%
Total Income
$122,400.00
Total Deductions
$40,663.30
Net Pay
$81,736.70
Average Tax Rate
29.91%
Comprehensive Deduction Rate
33.22%
Total Income
$122,400.00
Total Deductions
$41,142.18
Net Pay
$81,257.82
Average Tax Rate
30.3%
Comprehensive Deduction Rate
33.61%
Total Income
$122,400.00
Total Deductions
$41,628.84
Net Pay
$80,771.16
Average Tax Rate
30.7%
Comprehensive Deduction Rate
34.01%
Total Income
$122,400.00
Total Deductions
$42,947.69
Net Pay
$79,452.31
Average Tax Rate
31.4%
Comprehensive Deduction Rate
35.09%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $122,400.00 | $31,846.92 | $90,553.08 | 22.71% | 26.02% |
| Yukon | $122,400.00 | $33,905.47 | $88,494.53 | 24.39% | 27.7% |
| British Columbia | $122,400.00 | $34,106.27 | $88,293.73 | 24.55% | 27.86% |
| Northwest Territories | $122,400.00 | $34,323.00 | $88,077.00 | 24.73% | 28.04% |
| Alberta | $122,400.00 | $34,821.34 | $87,578.66 | 25.14% | 28.45% |
| Ontario | $122,400.00 | $36,867.45 | $85,532.55 | 26.81% | 30.12% |
| Saskatchewan | $122,400.00 | $37,180.33 | $85,219.67 | 27.06% | 30.38% |
| Newfoundland and Labrador | $122,400.00 | $39,881.54 | $82,518.46 | 29.27% | 32.58% |
| New Brunswick | $122,400.00 | $40,026.04 | $82,373.96 | 29.39% | 32.7% |
| Manitoba | $122,400.00 | $40,663.30 | $81,736.70 | 29.91% | 33.22% |
| Prince Edward Island | $122,400.00 | $41,142.18 | $81,257.82 | 30.3% | 33.61% |
| Nova Scotia | $122,400.00 | $41,628.84 | $80,771.16 | 30.7% | 34.01% |
| Quebec | $122,400.00 | $42,947.69 | $79,452.31 | 31.4% | 35.09% |
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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