2021 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$40,800.00
Salary
$40,800.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$7,961.87
Federal Tax
$3,458.63
Provincial Tax
$1,825.75
CPP Contributions
$2,032.85
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$644.64
Net Pay
$32,838.13
Marginal Tax Rate
18.63%
Average Tax Rate
12.95%
Comprehensive Deduction Rate
19.51%
Monthly Salary
Total Income
$3,400.00
Salary
$3,400.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$663.49
Federal Tax
$288.22
Provincial Tax
$152.15
CPP Contributions
$169.40
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$53.72
Net Pay
$2,736.51
Marginal Tax Rate
18.63%
Average Tax Rate
12.95%
Comprehensive Deduction Rate
19.51%
Biweekly Salary
Total Income
$1,569.23
Salary
$1,569.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$306.23
Federal Tax
$133.02
Provincial Tax
$70.22
CPP Contributions
$78.19
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$24.79
Net Pay
$1,263.01
Marginal Tax Rate
18.63%
Average Tax Rate
12.95%
Comprehensive Deduction Rate
19.51%
Weekly Salary
Total Income
$784.62
Salary
$784.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$153.11
Federal Tax
$66.51
Provincial Tax
$35.11
CPP Contributions
$39.09
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$12.40
Net Pay
$631.50
Marginal Tax Rate
18.63%
Average Tax Rate
12.95%
Comprehensive Deduction Rate
19.51%
Daily Salary
Total Income
$156.92
Salary
$156.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$30.62
Federal Tax
$13.30
Provincial Tax
$7.02
CPP Contributions
$7.82
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.48
Net Pay
$126.30
Marginal Tax Rate
18.63%
Average Tax Rate
12.95%
Comprehensive Deduction Rate
19.51%
Hourly Salary
Total Income
$20.92
Salary
$20.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$4.08
Federal Tax
$1.77
Provincial Tax
$0.94
CPP Contributions
$1.04
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.33
Net Pay
$16.84
Marginal Tax Rate
18.63%
Average Tax Rate
12.95%
Comprehensive Deduction Rate
19.51%
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
$40,800.00
Total Deductions
$7,002.34
Net Pay
$33,797.66
Average Tax Rate
10.6%
Comprehensive Deduction Rate
17.16%
Total Income
$40,800.00
Total Deductions
$7,486.01
Net Pay
$33,313.99
Average Tax Rate
11.79%
Comprehensive Deduction Rate
18.35%
Total Income
$40,800.00
Total Deductions
$7,504.98
Net Pay
$33,295.02
Average Tax Rate
11.83%
Comprehensive Deduction Rate
18.39%
Total Income
$40,800.00
Total Deductions
$7,612.57
Net Pay
$33,187.43
Average Tax Rate
12.1%
Comprehensive Deduction Rate
18.66%
Total Income
$40,800.00
Total Deductions
$7,961.87
Net Pay
$32,838.13
Average Tax Rate
12.95%
Comprehensive Deduction Rate
19.51%
Total Income
$40,800.00
Total Deductions
$8,011.47
Net Pay
$32,788.53
Average Tax Rate
13.07%
Comprehensive Deduction Rate
19.64%
Total Income
$40,800.00
Total Deductions
$8,435.35
Net Pay
$32,364.65
Average Tax Rate
14.11%
Comprehensive Deduction Rate
20.67%
Total Income
$40,800.00
Total Deductions
$8,726.62
Net Pay
$32,073.38
Average Tax Rate
14.83%
Comprehensive Deduction Rate
21.39%
Total Income
$40,800.00
Total Deductions
$8,780.55
Net Pay
$32,019.45
Average Tax Rate
14.96%
Comprehensive Deduction Rate
21.52%
Total Income
$40,800.00
Total Deductions
$9,196.13
Net Pay
$31,603.87
Average Tax Rate
15.98%
Comprehensive Deduction Rate
22.54%
Total Income
$40,800.00
Total Deductions
$9,251.52
Net Pay
$31,548.48
Average Tax Rate
16.11%
Comprehensive Deduction Rate
22.68%
Total Income
$40,800.00
Total Deductions
$9,317.86
Net Pay
$31,482.14
Average Tax Rate
16.28%
Comprehensive Deduction Rate
22.84%
Total Income
$40,800.00
Total Deductions
$9,325.87
Net Pay
$31,474.13
Average Tax Rate
15.79%
Comprehensive Deduction Rate
22.86%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $40,800.00 | $7,002.34 | $33,797.66 | 10.6% | 17.16% |
| Northwest Territories | $40,800.00 | $7,486.01 | $33,313.99 | 11.79% | 18.35% |
| British Columbia | $40,800.00 | $7,504.98 | $33,295.02 | 11.83% | 18.39% |
| Yukon | $40,800.00 | $7,612.57 | $33,187.43 | 12.1% | 18.66% |
| Ontario | $40,800.00 | $7,961.87 | $32,838.13 | 12.95% | 19.51% |
| Alberta | $40,800.00 | $8,011.47 | $32,788.53 | 13.07% | 19.64% |
| Saskatchewan | $40,800.00 | $8,435.35 | $32,364.65 | 14.11% | 20.67% |
| New Brunswick | $40,800.00 | $8,726.62 | $32,073.38 | 14.83% | 21.39% |
| Newfoundland and Labrador | $40,800.00 | $8,780.55 | $32,019.45 | 14.96% | 21.52% |
| Prince Edward Island | $40,800.00 | $9,196.13 | $31,603.87 | 15.98% | 22.54% |
| Nova Scotia | $40,800.00 | $9,251.52 | $31,548.48 | 16.11% | 22.68% |
| Manitoba | $40,800.00 | $9,317.86 | $31,482.14 | 16.28% | 22.84% |
| Quebec | $40,800.00 | $9,325.87 | $31,474.13 | 15.79% | 22.86% |
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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