2021 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$127,200.00
Salary
$127,200.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$38,951.11
Federal Tax
$22,115.85
Provincial Tax
$12,779.27
CPP Contributions
$3,166.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$889.54
Net Pay
$88,248.89
Marginal Tax Rate
43.41%
Average Tax Rate
27.43%
Comprehensive Deduction Rate
30.62%
Monthly Salary
Total Income
$10,600.00
Salary
$10,600.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,245.93
Federal Tax
$1,842.99
Provincial Tax
$1,064.94
CPP Contributions
$263.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$74.13
Net Pay
$7,354.07
Marginal Tax Rate
43.41%
Average Tax Rate
27.43%
Comprehensive Deduction Rate
30.62%
Biweekly Salary
Total Income
$4,892.31
Salary
$4,892.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,498.12
Federal Tax
$850.61
Provincial Tax
$491.51
CPP Contributions
$121.79
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$34.21
Net Pay
$3,394.19
Marginal Tax Rate
43.41%
Average Tax Rate
27.43%
Comprehensive Deduction Rate
30.62%
Weekly Salary
Total Income
$2,446.15
Salary
$2,446.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$749.06
Federal Tax
$425.30
Provincial Tax
$245.76
CPP Contributions
$60.89
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$17.11
Net Pay
$1,697.09
Marginal Tax Rate
43.41%
Average Tax Rate
27.43%
Comprehensive Deduction Rate
30.62%
Daily Salary
Total Income
$489.23
Salary
$489.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$149.81
Federal Tax
$85.06
Provincial Tax
$49.15
CPP Contributions
$12.18
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.42
Net Pay
$339.42
Marginal Tax Rate
43.41%
Average Tax Rate
27.43%
Comprehensive Deduction Rate
30.62%
Hourly Salary
Total Income
$65.23
Salary
$65.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$19.97
Federal Tax
$11.34
Provincial Tax
$6.55
CPP Contributions
$1.62
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.46
Net Pay
$45.26
Marginal Tax Rate
43.41%
Average Tax Rate
27.43%
Comprehensive Deduction Rate
30.62%
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
$127,200.00
Total Deductions
$33,526.92
Net Pay
$93,673.08
Average Tax Rate
23.17%
Comprehensive Deduction Rate
26.36%
Total Income
$127,200.00
Total Deductions
$35,676.67
Net Pay
$91,523.33
Average Tax Rate
24.86%
Comprehensive Deduction Rate
28.05%
Total Income
$127,200.00
Total Deductions
$36,059.87
Net Pay
$91,140.13
Average Tax Rate
25.16%
Comprehensive Deduction Rate
28.35%
Total Income
$127,200.00
Total Deductions
$36,156.60
Net Pay
$91,043.40
Average Tax Rate
25.24%
Comprehensive Deduction Rate
28.43%
Total Income
$127,200.00
Total Deductions
$36,549.34
Net Pay
$90,650.66
Average Tax Rate
25.55%
Comprehensive Deduction Rate
28.73%
Total Income
$127,200.00
Total Deductions
$38,951.11
Net Pay
$88,248.89
Average Tax Rate
27.43%
Comprehensive Deduction Rate
30.62%
Total Income
$127,200.00
Total Deductions
$39,028.33
Net Pay
$88,171.67
Average Tax Rate
27.49%
Comprehensive Deduction Rate
30.68%
Total Income
$127,200.00
Total Deductions
$41,887.94
Net Pay
$85,312.06
Average Tax Rate
29.74%
Comprehensive Deduction Rate
32.93%
Total Income
$127,200.00
Total Deductions
$42,067.00
Net Pay
$85,133.00
Average Tax Rate
29.88%
Comprehensive Deduction Rate
33.07%
Total Income
$127,200.00
Total Deductions
$42,746.50
Net Pay
$84,453.50
Average Tax Rate
30.42%
Comprehensive Deduction Rate
33.61%
Total Income
$127,200.00
Total Deductions
$43,271.94
Net Pay
$83,928.06
Average Tax Rate
30.83%
Comprehensive Deduction Rate
34.02%
Total Income
$127,200.00
Total Deductions
$43,716.84
Net Pay
$83,483.16
Average Tax Rate
31.18%
Comprehensive Deduction Rate
34.37%
Total Income
$127,200.00
Total Deductions
$45,225.77
Net Pay
$81,974.23
Average Tax Rate
32.01%
Comprehensive Deduction Rate
35.55%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $127,200.00 | $33,526.92 | $93,673.08 | 23.17% | 26.36% |
| Yukon | $127,200.00 | $35,676.67 | $91,523.33 | 24.86% | 28.05% |
| British Columbia | $127,200.00 | $36,059.87 | $91,140.13 | 25.16% | 28.35% |
| Northwest Territories | $127,200.00 | $36,156.60 | $91,043.40 | 25.24% | 28.43% |
| Alberta | $127,200.00 | $36,549.34 | $90,650.66 | 25.55% | 28.73% |
| Ontario | $127,200.00 | $38,951.11 | $88,248.89 | 27.43% | 30.62% |
| Saskatchewan | $127,200.00 | $39,028.33 | $88,171.67 | 27.49% | 30.68% |
| Newfoundland and Labrador | $127,200.00 | $41,887.94 | $85,312.06 | 29.74% | 32.93% |
| New Brunswick | $127,200.00 | $42,067.00 | $85,133.00 | 29.88% | 33.07% |
| Manitoba | $127,200.00 | $42,746.50 | $84,453.50 | 30.42% | 33.61% |
| Prince Edward Island | $127,200.00 | $43,271.94 | $83,928.06 | 30.83% | 34.02% |
| Nova Scotia | $127,200.00 | $43,716.84 | $83,483.16 | 31.18% | 34.37% |
| Quebec | $127,200.00 | $45,225.77 | $81,974.23 | 32.01% | 35.55% |
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 $10,600+/month
Innovative Occupational Therapy Services
Toronto, ON • Remote
$92,000 - $160,000 / year
Permanent
30 days ago
Joanne Romas & Associates
Waterloo, ON • Remote
$165,000 - $218,000 / year
Permanent
30 days ago
Are you looking to relocate to Ontario or just browsing through cities within the province/territory?
Check out our Ontario demographics page for more information.