2021 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$87,600.00
Salary
$87,600.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$22,717.20
Federal Tax
$12,393.85
Provincial Tax
$6,267.36
CPP Contributions
$3,166.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$889.54
Net Pay
$64,882.80
Marginal Tax Rate
31.48%
Average Tax Rate
21.3%
Comprehensive Deduction Rate
25.93%
Monthly Salary
Total Income
$7,300.00
Salary
$7,300.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,893.10
Federal Tax
$1,032.82
Provincial Tax
$522.28
CPP Contributions
$263.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$74.13
Net Pay
$5,406.90
Marginal Tax Rate
31.48%
Average Tax Rate
21.3%
Comprehensive Deduction Rate
25.93%
Biweekly Salary
Total Income
$3,369.23
Salary
$3,369.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$873.74
Federal Tax
$476.69
Provincial Tax
$241.05
CPP Contributions
$121.79
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$34.21
Net Pay
$2,495.49
Marginal Tax Rate
31.48%
Average Tax Rate
21.3%
Comprehensive Deduction Rate
25.93%
Weekly Salary
Total Income
$1,684.62
Salary
$1,684.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$436.87
Federal Tax
$238.34
Provincial Tax
$120.53
CPP Contributions
$60.89
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$17.11
Net Pay
$1,247.75
Marginal Tax Rate
31.48%
Average Tax Rate
21.3%
Comprehensive Deduction Rate
25.93%
Daily Salary
Total Income
$336.92
Salary
$336.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$87.37
Federal Tax
$47.67
Provincial Tax
$24.11
CPP Contributions
$12.18
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.42
Net Pay
$249.55
Marginal Tax Rate
31.48%
Average Tax Rate
21.3%
Comprehensive Deduction Rate
25.93%
Hourly Salary
Total Income
$44.92
Salary
$44.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$11.65
Federal Tax
$6.36
Provincial Tax
$3.21
CPP Contributions
$1.62
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.46
Net Pay
$33.27
Marginal Tax Rate
31.48%
Average Tax Rate
21.3%
Comprehensive Deduction Rate
25.93%
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
$87,600.00
Total Deductions
$20,358.92
Net Pay
$67,241.08
Average Tax Rate
18.61%
Comprehensive Deduction Rate
23.24%
Total Income
$87,600.00
Total Deductions
$21,406.47
Net Pay
$66,193.53
Average Tax Rate
19.81%
Comprehensive Deduction Rate
24.44%
Total Income
$87,600.00
Total Deductions
$21,645.80
Net Pay
$65,954.20
Average Tax Rate
20.08%
Comprehensive Deduction Rate
24.71%
Total Income
$87,600.00
Total Deductions
$21,835.87
Net Pay
$65,764.13
Average Tax Rate
20.3%
Comprehensive Deduction Rate
24.93%
Total Income
$87,600.00
Total Deductions
$22,717.20
Net Pay
$64,882.80
Average Tax Rate
21.3%
Comprehensive Deduction Rate
25.93%
Total Income
$87,600.00
Total Deductions
$22,867.34
Net Pay
$64,732.66
Average Tax Rate
21.47%
Comprehensive Deduction Rate
26.1%
Total Income
$87,600.00
Total Deductions
$24,356.33
Net Pay
$63,243.67
Average Tax Rate
23.17%
Comprehensive Deduction Rate
27.8%
Total Income
$87,600.00
Total Deductions
$25,804.88
Net Pay
$61,795.12
Average Tax Rate
24.83%
Comprehensive Deduction Rate
29.46%
Total Income
$87,600.00
Total Deductions
$25,909.14
Net Pay
$61,690.86
Average Tax Rate
24.95%
Comprehensive Deduction Rate
29.58%
Total Income
$87,600.00
Total Deductions
$26,134.10
Net Pay
$61,465.90
Average Tax Rate
25.2%
Comprehensive Deduction Rate
29.83%
Total Income
$87,600.00
Total Deductions
$26,518.55
Net Pay
$61,081.45
Average Tax Rate
25.64%
Comprehensive Deduction Rate
30.27%
Total Income
$87,600.00
Total Deductions
$27,109.76
Net Pay
$60,490.24
Average Tax Rate
26.32%
Comprehensive Deduction Rate
30.95%
Total Income
$87,600.00
Total Deductions
$27,471.19
Net Pay
$60,128.81
Average Tax Rate
26.21%
Comprehensive Deduction Rate
31.36%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $87,600.00 | $20,358.92 | $67,241.08 | 18.61% | 23.24% |
| British Columbia | $87,600.00 | $21,406.47 | $66,193.53 | 19.81% | 24.44% |
| Northwest Territories | $87,600.00 | $21,645.80 | $65,954.20 | 20.08% | 24.71% |
| Yukon | $87,600.00 | $21,835.87 | $65,764.13 | 20.3% | 24.93% |
| Ontario | $87,600.00 | $22,717.20 | $64,882.80 | 21.3% | 25.93% |
| Alberta | $87,600.00 | $22,867.34 | $64,732.66 | 21.47% | 26.1% |
| Saskatchewan | $87,600.00 | $24,356.33 | $63,243.67 | 23.17% | 27.8% |
| New Brunswick | $87,600.00 | $25,804.88 | $61,795.12 | 24.83% | 29.46% |
| Newfoundland and Labrador | $87,600.00 | $25,909.14 | $61,690.86 | 24.95% | 29.58% |
| Manitoba | $87,600.00 | $26,134.10 | $61,465.90 | 25.2% | 29.83% |
| Prince Edward Island | $87,600.00 | $26,518.55 | $61,081.45 | 25.64% | 30.27% |
| Nova Scotia | $87,600.00 | $27,109.76 | $60,490.24 | 26.32% | 30.95% |
| Quebec | $87,600.00 | $27,471.19 | $60,128.81 | 26.21% | 31.36% |
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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