2021 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$112,000.00
Salary
$112,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$32,352.85
Federal Tax
$18,163.85
Provincial Tax
$10,133.01
CPP Contributions
$3,166.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$889.54
Net Pay
$79,647.15
Marginal Tax Rate
43.41%
Average Tax Rate
25.27%
Comprehensive Deduction Rate
28.89%
Monthly Salary
Total Income
$9,333.33
Salary
$9,333.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,696.07
Federal Tax
$1,513.65
Provincial Tax
$844.42
CPP Contributions
$263.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$74.13
Net Pay
$6,637.26
Marginal Tax Rate
43.41%
Average Tax Rate
25.27%
Comprehensive Deduction Rate
28.89%
Biweekly Salary
Total Income
$4,307.69
Salary
$4,307.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,244.34
Federal Tax
$698.61
Provincial Tax
$389.73
CPP Contributions
$121.79
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$34.21
Net Pay
$3,063.35
Marginal Tax Rate
43.41%
Average Tax Rate
25.27%
Comprehensive Deduction Rate
28.89%
Weekly Salary
Total Income
$2,153.85
Salary
$2,153.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$622.17
Federal Tax
$349.30
Provincial Tax
$194.87
CPP Contributions
$60.89
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$17.11
Net Pay
$1,531.68
Marginal Tax Rate
43.41%
Average Tax Rate
25.27%
Comprehensive Deduction Rate
28.89%
Daily Salary
Total Income
$430.77
Salary
$430.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$124.43
Federal Tax
$69.86
Provincial Tax
$38.97
CPP Contributions
$12.18
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.42
Net Pay
$306.34
Marginal Tax Rate
43.41%
Average Tax Rate
25.27%
Comprehensive Deduction Rate
28.89%
Hourly Salary
Total Income
$57.44
Salary
$57.44
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$16.59
Federal Tax
$9.31
Provincial Tax
$5.20
CPP Contributions
$1.62
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.46
Net Pay
$40.84
Marginal Tax Rate
43.41%
Average Tax Rate
25.27%
Comprehensive Deduction Rate
28.89%
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
$112,000.00
Total Deductions
$28,206.92
Net Pay
$83,793.08
Average Tax Rate
21.56%
Comprehensive Deduction Rate
25.18%
Total Income
$112,000.00
Total Deductions
$30,009.27
Net Pay
$81,990.73
Average Tax Rate
23.17%
Comprehensive Deduction Rate
26.79%
Total Income
$112,000.00
Total Deductions
$30,067.87
Net Pay
$81,932.13
Average Tax Rate
23.22%
Comprehensive Deduction Rate
26.85%
Total Income
$112,000.00
Total Deductions
$30,350.20
Net Pay
$81,649.80
Average Tax Rate
23.48%
Comprehensive Deduction Rate
27.1%
Total Income
$112,000.00
Total Deductions
$31,077.34
Net Pay
$80,922.66
Average Tax Rate
24.13%
Comprehensive Deduction Rate
27.75%
Total Income
$112,000.00
Total Deductions
$32,352.85
Net Pay
$79,647.15
Average Tax Rate
25.27%
Comprehensive Deduction Rate
28.89%
Total Income
$112,000.00
Total Deductions
$33,176.33
Net Pay
$78,823.67
Average Tax Rate
26%
Comprehensive Deduction Rate
29.62%
Total Income
$112,000.00
Total Deductions
$35,534.34
Net Pay
$76,465.66
Average Tax Rate
28.11%
Comprehensive Deduction Rate
31.73%
Total Income
$112,000.00
Total Deductions
$35,603.96
Net Pay
$76,396.04
Average Tax Rate
28.17%
Comprehensive Deduction Rate
31.79%
Total Income
$112,000.00
Total Deductions
$36,149.70
Net Pay
$75,850.30
Average Tax Rate
28.66%
Comprehensive Deduction Rate
32.28%
Total Income
$112,000.00
Total Deductions
$36,527.70
Net Pay
$75,472.30
Average Tax Rate
28.99%
Comprehensive Deduction Rate
32.61%
Total Income
$112,000.00
Total Deductions
$37,104.84
Net Pay
$74,895.16
Average Tax Rate
29.51%
Comprehensive Deduction Rate
33.13%
Total Income
$112,000.00
Total Deductions
$38,011.85
Net Pay
$73,988.15
Average Tax Rate
29.91%
Comprehensive Deduction Rate
33.94%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $112,000.00 | $28,206.92 | $83,793.08 | 21.56% | 25.18% |
| British Columbia | $112,000.00 | $30,009.27 | $81,990.73 | 23.17% | 26.79% |
| Yukon | $112,000.00 | $30,067.87 | $81,932.13 | 23.22% | 26.85% |
| Northwest Territories | $112,000.00 | $30,350.20 | $81,649.80 | 23.48% | 27.1% |
| Alberta | $112,000.00 | $31,077.34 | $80,922.66 | 24.13% | 27.75% |
| Ontario | $112,000.00 | $32,352.85 | $79,647.15 | 25.27% | 28.89% |
| Saskatchewan | $112,000.00 | $33,176.33 | $78,823.67 | 26% | 29.62% |
| Newfoundland and Labrador | $112,000.00 | $35,534.34 | $76,465.66 | 28.11% | 31.73% |
| New Brunswick | $112,000.00 | $35,603.96 | $76,396.04 | 28.17% | 31.79% |
| Manitoba | $112,000.00 | $36,149.70 | $75,850.30 | 28.66% | 32.28% |
| Prince Edward Island | $112,000.00 | $36,527.70 | $75,472.30 | 28.99% | 32.61% |
| Nova Scotia | $112,000.00 | $37,104.84 | $74,895.16 | 29.51% | 33.13% |
| Quebec | $112,000.00 | $38,011.85 | $73,988.15 | 29.91% | 33.94% |
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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