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2021 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Your Results

Yearly Salary
Total Income $238,000.00
Salary $238,000.00
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $92,292.55
Federal Tax $54,363.85
Provincial Tax $33,872.71
CPP Contributions $3,166.45
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $889.54
Net Pay $145,707.45
Marginal Tax Rate 53.53%
Average Tax Rate 37.07%
Comprehensive Deduction Rate 38.78%
$238,000.00 a year is how much per hour?
What is the minimum wage in Ontario in 2025?
Monthly Salary
Total Income $19,833.33
Salary $19,833.33
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $7,691.05
Federal Tax $4,530.32
Provincial Tax $2,822.73
CPP Contributions $263.87
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $74.13
Net Pay $12,142.29
Marginal Tax Rate 53.53%
Average Tax Rate 37.07%
Comprehensive Deduction Rate 38.78%
$19,833.33 a month is how much per year?
What is the minimum wage in Ontario in 2025?
Biweekly Salary
Total Income $9,153.85
Salary $9,153.85
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $3,549.71
Federal Tax $2,090.92
Provincial Tax $1,302.80
CPP Contributions $121.79
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $34.21
Net Pay $5,604.13
Marginal Tax Rate 53.53%
Average Tax Rate 37.07%
Comprehensive Deduction Rate 38.78%
$9,153.85 per two weeks is how much per year?
What is the minimum wage in Ontario in 2025?
Weekly Salary
Total Income $4,576.92
Salary $4,576.92
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $1,774.86
Federal Tax $1,045.46
Provincial Tax $651.40
CPP Contributions $60.89
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $17.11
Net Pay $2,802.07
Marginal Tax Rate 53.53%
Average Tax Rate 37.07%
Comprehensive Deduction Rate 38.78%
$4,576.92 a week is how much per year?
What is the minimum wage in Ontario in 2025?
Daily Salary
Total Income $915.38
Salary $915.38
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $354.97
Federal Tax $209.09
Provincial Tax $130.28
CPP Contributions $12.18
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $3.42
Net Pay $560.41
Marginal Tax Rate 53.53%
Average Tax Rate 37.07%
Comprehensive Deduction Rate 38.78%
$915.38 a day is how much per year?
What is the minimum wage in Ontario in 2025?
Hourly Salary
Total Income $122.05
Salary $122.05
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $47.33
Federal Tax $27.88
Provincial Tax $17.37
CPP Contributions $1.62
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $0.46
Net Pay $74.72
Marginal Tax Rate 53.53%
Average Tax Rate 37.07%
Comprehensive Deduction Rate 38.78%
$122.05 an hour is how much per year?
What is the minimum wage in Ontario in 2025?

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 $238,000.00
Total Deductions $77,897.92
Net Pay $160,102.08
Average Tax Rate 31.03%
Comprehensive Deduction Rate 32.73%
Total Income $238,000.00
Total Deductions $81,635.87
Net Pay $156,364.13
Average Tax Rate 32.6%
Comprehensive Deduction Rate 34.3%
Total Income $238,000.00
Total Deductions $83,098.34
Net Pay $154,901.66
Average Tax Rate 33.21%
Comprehensive Deduction Rate 34.92%
Total Income $238,000.00
Total Deductions $83,654.20
Net Pay $154,345.80
Average Tax Rate 33.44%
Comprehensive Deduction Rate 35.15%
Total Income $238,000.00
Total Deductions $86,821.47
Net Pay $151,178.53
Average Tax Rate 34.78%
Comprehensive Deduction Rate 36.48%
Total Income $238,000.00
Total Deductions $87,276.33
Net Pay $150,723.67
Average Tax Rate 34.97%
Comprehensive Deduction Rate 36.67%
Total Income $238,000.00
Total Deductions $92,292.55
Net Pay $145,707.45
Average Tax Rate 37.07%
Comprehensive Deduction Rate 38.78%
Total Income $238,000.00
Total Deductions $93,649.34
Net Pay $144,350.66
Average Tax Rate 37.64%
Comprehensive Deduction Rate 39.35%
Total Income $238,000.00
Total Deductions $94,273.70
Net Pay $143,726.30
Average Tax Rate 37.91%
Comprehensive Deduction Rate 39.61%
Total Income $238,000.00
Total Deductions $95,739.56
Net Pay $142,260.44
Average Tax Rate 38.52%
Comprehensive Deduction Rate 40.23%
Total Income $238,000.00
Total Deductions $95,873.90
Net Pay $142,126.10
Average Tax Rate 38.58%
Comprehensive Deduction Rate 40.28%
Total Income $238,000.00
Total Deductions $98,434.84
Net Pay $139,565.16
Average Tax Rate 39.65%
Comprehensive Deduction Rate 41.36%
Total Income $238,000.00
Total Deductions $100,683.85
Net Pay $137,316.15
Average Tax Rate 40.41%
Comprehensive Deduction Rate 42.3%
Region Total Income Total Deductions Net Pay Avg. Tax Rate Comp. Deduction Rate
Nunavut $238,000.00 $77,897.92 $160,102.08 31.03% 32.73%
Yukon $238,000.00 $81,635.87 $156,364.13 32.6% 34.3%
Alberta $238,000.00 $83,098.34 $154,901.66 33.21% 34.92%
Northwest Territories $238,000.00 $83,654.20 $154,345.80 33.44% 35.15%
British Columbia $238,000.00 $86,821.47 $151,178.53 34.78% 36.48%
Saskatchewan $238,000.00 $87,276.33 $150,723.67 34.97% 36.67%
Ontario $238,000.00 $92,292.55 $145,707.45 37.07% 38.78%
Newfoundland and Labrador $238,000.00 $93,649.34 $144,350.66 37.64% 39.35%
Manitoba $238,000.00 $94,273.70 $143,726.30 37.91% 39.61%
New Brunswick $238,000.00 $95,739.56 $142,260.44 38.52% 40.23%
Prince Edward Island $238,000.00 $95,873.90 $142,126.10 38.58% 40.28%
Nova Scotia $238,000.00 $98,434.84 $139,565.16 39.65% 41.36%
Quebec $238,000.00 $100,683.85 $137,316.15 40.41% 42.3%
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.