2021 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$148,200.00
Salary
$148,200.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$48,067.13
Federal Tax
$27,575.85
Provincial Tax
$16,435.29
CPP Contributions
$3,166.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$889.54
Net Pay
$100,132.87
Marginal Tax Rate
43.41%
Average Tax Rate
29.7%
Comprehensive Deduction Rate
32.43%
Monthly Salary
Total Income
$12,350.00
Salary
$12,350.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$4,005.59
Federal Tax
$2,297.99
Provincial Tax
$1,369.61
CPP Contributions
$263.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$74.13
Net Pay
$8,344.41
Marginal Tax Rate
43.41%
Average Tax Rate
29.7%
Comprehensive Deduction Rate
32.43%
Biweekly Salary
Total Income
$5,700.00
Salary
$5,700.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,848.74
Federal Tax
$1,060.61
Provincial Tax
$632.13
CPP Contributions
$121.79
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$34.21
Net Pay
$3,851.26
Marginal Tax Rate
43.41%
Average Tax Rate
29.7%
Comprehensive Deduction Rate
32.43%
Weekly Salary
Total Income
$2,850.00
Salary
$2,850.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$924.37
Federal Tax
$530.30
Provincial Tax
$316.06
CPP Contributions
$60.89
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$17.11
Net Pay
$1,925.63
Marginal Tax Rate
43.41%
Average Tax Rate
29.7%
Comprehensive Deduction Rate
32.43%
Daily Salary
Total Income
$570.00
Salary
$570.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$184.87
Federal Tax
$106.06
Provincial Tax
$63.21
CPP Contributions
$12.18
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.42
Net Pay
$385.13
Marginal Tax Rate
43.41%
Average Tax Rate
29.7%
Comprehensive Deduction Rate
32.43%
Hourly Salary
Total Income
$76.00
Salary
$76.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$24.65
Federal Tax
$14.14
Provincial Tax
$8.43
CPP Contributions
$1.62
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.46
Net Pay
$51.35
Marginal Tax Rate
43.41%
Average Tax Rate
29.7%
Comprehensive Deduction Rate
32.43%
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
$148,200.00
Total Deductions
$40,876.92
Net Pay
$107,323.08
Average Tax Rate
24.85%
Comprehensive Deduction Rate
27.58%
Total Income
$148,200.00
Total Deductions
$43,425.67
Net Pay
$104,774.33
Average Tax Rate
26.57%
Comprehensive Deduction Rate
29.3%
Total Income
$148,200.00
Total Deductions
$44,249.30
Net Pay
$103,950.70
Average Tax Rate
27.12%
Comprehensive Deduction Rate
29.86%
Total Income
$148,200.00
Total Deductions
$44,449.34
Net Pay
$103,750.66
Average Tax Rate
27.26%
Comprehensive Deduction Rate
29.99%
Total Income
$148,200.00
Total Deductions
$44,606.87
Net Pay
$103,593.13
Average Tax Rate
27.36%
Comprehensive Deduction Rate
30.1%
Total Income
$148,200.00
Total Deductions
$47,467.33
Net Pay
$100,732.67
Average Tax Rate
29.29%
Comprehensive Deduction Rate
32.03%
Total Income
$148,200.00
Total Deductions
$48,067.13
Net Pay
$100,132.87
Average Tax Rate
29.7%
Comprehensive Deduction Rate
32.43%
Total Income
$148,200.00
Total Deductions
$50,849.94
Net Pay
$97,350.06
Average Tax Rate
31.57%
Comprehensive Deduction Rate
34.31%
Total Income
$148,200.00
Total Deductions
$51,071.44
Net Pay
$97,128.56
Average Tax Rate
31.72%
Comprehensive Deduction Rate
34.46%
Total Income
$148,200.00
Total Deductions
$51,860.50
Net Pay
$96,339.50
Average Tax Rate
32.26%
Comprehensive Deduction Rate
34.99%
Total Income
$148,200.00
Total Deductions
$52,589.64
Net Pay
$95,610.36
Average Tax Rate
32.75%
Comprehensive Deduction Rate
35.49%
Total Income
$148,200.00
Total Deductions
$52,851.84
Net Pay
$95,348.16
Average Tax Rate
32.93%
Comprehensive Deduction Rate
35.66%
Total Income
$148,200.00
Total Deductions
$55,192.37
Net Pay
$93,007.63
Average Tax Rate
34.2%
Comprehensive Deduction Rate
37.24%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $148,200.00 | $40,876.92 | $107,323.08 | 24.85% | 27.58% |
| Yukon | $148,200.00 | $43,425.67 | $104,774.33 | 26.57% | 29.3% |
| Northwest Territories | $148,200.00 | $44,249.30 | $103,950.70 | 27.12% | 29.86% |
| Alberta | $148,200.00 | $44,449.34 | $103,750.66 | 27.26% | 29.99% |
| British Columbia | $148,200.00 | $44,606.87 | $103,593.13 | 27.36% | 30.1% |
| Saskatchewan | $148,200.00 | $47,467.33 | $100,732.67 | 29.29% | 32.03% |
| Ontario | $148,200.00 | $48,067.13 | $100,132.87 | 29.7% | 32.43% |
| Newfoundland and Labrador | $148,200.00 | $50,849.94 | $97,350.06 | 31.57% | 34.31% |
| New Brunswick | $148,200.00 | $51,071.44 | $97,128.56 | 31.72% | 34.46% |
| Manitoba | $148,200.00 | $51,860.50 | $96,339.50 | 32.26% | 34.99% |
| Prince Edward Island | $148,200.00 | $52,589.64 | $95,610.36 | 32.75% | 35.49% |
| Nova Scotia | $148,200.00 | $52,851.84 | $95,348.16 | 32.93% | 35.66% |
| Quebec | $148,200.00 | $55,192.37 | $93,007.63 | 34.2% | 37.24% |
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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