2021 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$132,000.00
Salary
$132,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$41,034.77
Federal Tax
$23,363.85
Provincial Tax
$13,614.93
CPP Contributions
$3,166.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$889.54
Net Pay
$90,965.23
Marginal Tax Rate
43.41%
Average Tax Rate
28.01%
Comprehensive Deduction Rate
31.09%
Monthly Salary
Total Income
$11,000.00
Salary
$11,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,419.56
Federal Tax
$1,946.99
Provincial Tax
$1,134.58
CPP Contributions
$263.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$74.13
Net Pay
$7,580.44
Marginal Tax Rate
43.41%
Average Tax Rate
28.01%
Comprehensive Deduction Rate
31.09%
Biweekly Salary
Total Income
$5,076.92
Salary
$5,076.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,578.26
Federal Tax
$898.61
Provincial Tax
$523.65
CPP Contributions
$121.79
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$34.21
Net Pay
$3,498.66
Marginal Tax Rate
43.41%
Average Tax Rate
28.01%
Comprehensive Deduction Rate
31.09%
Weekly Salary
Total Income
$2,538.46
Salary
$2,538.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$789.13
Federal Tax
$449.30
Provincial Tax
$261.83
CPP Contributions
$60.89
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$17.11
Net Pay
$1,749.33
Marginal Tax Rate
43.41%
Average Tax Rate
28.01%
Comprehensive Deduction Rate
31.09%
Daily Salary
Total Income
$507.69
Salary
$507.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$157.83
Federal Tax
$89.86
Provincial Tax
$52.37
CPP Contributions
$12.18
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.42
Net Pay
$349.87
Marginal Tax Rate
43.41%
Average Tax Rate
28.01%
Comprehensive Deduction Rate
31.09%
Hourly Salary
Total Income
$67.69
Salary
$67.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$21.04
Federal Tax
$11.98
Provincial Tax
$6.98
CPP Contributions
$1.62
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.46
Net Pay
$46.65
Marginal Tax Rate
43.41%
Average Tax Rate
28.01%
Comprehensive Deduction Rate
31.09%
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
$132,000.00
Total Deductions
$35,206.92
Net Pay
$96,793.08
Average Tax Rate
23.6%
Comprehensive Deduction Rate
26.67%
Total Income
$132,000.00
Total Deductions
$37,447.87
Net Pay
$94,552.13
Average Tax Rate
25.3%
Comprehensive Deduction Rate
28.37%
Total Income
$132,000.00
Total Deductions
$37,990.20
Net Pay
$94,009.80
Average Tax Rate
25.71%
Comprehensive Deduction Rate
28.78%
Total Income
$132,000.00
Total Deductions
$38,013.47
Net Pay
$93,986.53
Average Tax Rate
25.73%
Comprehensive Deduction Rate
28.8%
Total Income
$132,000.00
Total Deductions
$38,293.34
Net Pay
$93,706.66
Average Tax Rate
25.94%
Comprehensive Deduction Rate
29.01%
Total Income
$132,000.00
Total Deductions
$40,906.33
Net Pay
$91,093.67
Average Tax Rate
27.92%
Comprehensive Deduction Rate
30.99%
Total Income
$132,000.00
Total Deductions
$41,034.77
Net Pay
$90,965.23
Average Tax Rate
28.01%
Comprehensive Deduction Rate
31.09%
Total Income
$132,000.00
Total Deductions
$43,894.34
Net Pay
$88,105.66
Average Tax Rate
30.18%
Comprehensive Deduction Rate
33.25%
Total Income
$132,000.00
Total Deductions
$44,107.96
Net Pay
$87,892.04
Average Tax Rate
30.34%
Comprehensive Deduction Rate
33.42%
Total Income
$132,000.00
Total Deductions
$44,829.70
Net Pay
$87,170.30
Average Tax Rate
30.89%
Comprehensive Deduction Rate
33.96%
Total Income
$132,000.00
Total Deductions
$45,401.70
Net Pay
$86,598.30
Average Tax Rate
31.32%
Comprehensive Deduction Rate
34.4%
Total Income
$132,000.00
Total Deductions
$45,804.84
Net Pay
$86,195.16
Average Tax Rate
31.63%
Comprehensive Deduction Rate
34.7%
Total Income
$132,000.00
Total Deductions
$47,503.85
Net Pay
$84,496.15
Average Tax Rate
32.57%
Comprehensive Deduction Rate
35.99%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $132,000.00 | $35,206.92 | $96,793.08 | 23.6% | 26.67% |
| Yukon | $132,000.00 | $37,447.87 | $94,552.13 | 25.3% | 28.37% |
| Northwest Territories | $132,000.00 | $37,990.20 | $94,009.80 | 25.71% | 28.78% |
| British Columbia | $132,000.00 | $38,013.47 | $93,986.53 | 25.73% | 28.8% |
| Alberta | $132,000.00 | $38,293.34 | $93,706.66 | 25.94% | 29.01% |
| Saskatchewan | $132,000.00 | $40,906.33 | $91,093.67 | 27.92% | 30.99% |
| Ontario | $132,000.00 | $41,034.77 | $90,965.23 | 28.01% | 31.09% |
| Newfoundland and Labrador | $132,000.00 | $43,894.34 | $88,105.66 | 30.18% | 33.25% |
| New Brunswick | $132,000.00 | $44,107.96 | $87,892.04 | 30.34% | 33.42% |
| Manitoba | $132,000.00 | $44,829.70 | $87,170.30 | 30.89% | 33.96% |
| Prince Edward Island | $132,000.00 | $45,401.70 | $86,598.30 | 31.32% | 34.4% |
| Nova Scotia | $132,000.00 | $45,804.84 | $86,195.16 | 31.63% | 34.7% |
| Quebec | $132,000.00 | $47,503.85 | $84,496.15 | 32.57% | 35.99% |
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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