2022 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$58,000.00
Salary
$58,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$13,503.25
Federal Tax
$6,234.13
Provincial Tax
$3,246.22
CPP Contributions
$3,106.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$916.40
Net Pay
$44,496.75
Marginal Tax Rate
28.31%
Average Tax Rate
16.35%
Comprehensive Deduction Rate
23.28%
Monthly Salary
Total Income
$4,833.33
Salary
$4,833.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,125.27
Federal Tax
$519.51
Provincial Tax
$270.52
CPP Contributions
$258.88
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$76.37
Net Pay
$3,708.06
Marginal Tax Rate
28.31%
Average Tax Rate
16.35%
Comprehensive Deduction Rate
23.28%
Biweekly Salary
Total Income
$2,230.77
Salary
$2,230.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$519.36
Federal Tax
$239.77
Provincial Tax
$124.85
CPP Contributions
$119.48
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$35.25
Net Pay
$1,711.41
Marginal Tax Rate
28.31%
Average Tax Rate
16.35%
Comprehensive Deduction Rate
23.28%
Weekly Salary
Total Income
$1,115.38
Salary
$1,115.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$259.68
Federal Tax
$119.89
Provincial Tax
$62.43
CPP Contributions
$59.74
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$17.62
Net Pay
$855.71
Marginal Tax Rate
28.31%
Average Tax Rate
16.35%
Comprehensive Deduction Rate
23.28%
Daily Salary
Total Income
$223.08
Salary
$223.08
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$51.94
Federal Tax
$23.98
Provincial Tax
$12.49
CPP Contributions
$11.95
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.52
Net Pay
$171.14
Marginal Tax Rate
28.31%
Average Tax Rate
16.35%
Comprehensive Deduction Rate
23.28%
Hourly Salary
Total Income
$29.74
Salary
$29.74
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$6.92
Federal Tax
$3.20
Provincial Tax
$1.66
CPP Contributions
$1.59
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.47
Net Pay
$22.82
Marginal Tax Rate
28.31%
Average Tax Rate
16.35%
Comprehensive Deduction Rate
23.28%
Federal and Provincial/Territorial Tax Brackets
Your taxable income in the following tax brackets.
| Federal Tax Bracket | Federal Tax Rates |
|---|---|
| $50,197.00 or less | 15% |
| $50,197.00 - $100,391.99 | 20.5% |
| $100,392.00 - $155,624.99 | 26% |
| $155,625.00 - $221,707.99 | 29% |
| More than $221,708.00 | 33% |
| Ontario Tax Bracket | Ontario Tax Rates |
|---|---|
| $46,226.00 or less | 5.05% |
| $46,226.00 - $92,453.99 | 9.15% |
| $92,454.00 - $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
$58,000.00
Total Deductions
$12,045.63
Net Pay
$45,954.37
Average Tax Rate
13.83%
Comprehensive Deduction Rate
20.77%
Total Income
$58,000.00
Total Deductions
$12,810.59
Net Pay
$45,189.41
Average Tax Rate
15.15%
Comprehensive Deduction Rate
22.09%
Total Income
$58,000.00
Total Deductions
$12,859.75
Net Pay
$45,140.25
Average Tax Rate
15.24%
Comprehensive Deduction Rate
22.17%
Total Income
$58,000.00
Total Deductions
$12,910.72
Net Pay
$45,089.28
Average Tax Rate
15.32%
Comprehensive Deduction Rate
22.26%
Total Income
$58,000.00
Total Deductions
$13,503.25
Net Pay
$44,496.75
Average Tax Rate
16.35%
Comprehensive Deduction Rate
23.28%
Total Income
$58,000.00
Total Deductions
$13,717.84
Net Pay
$44,282.16
Average Tax Rate
16.72%
Comprehensive Deduction Rate
23.65%
Total Income
$58,000.00
Total Deductions
$14,405.05
Net Pay
$43,594.95
Average Tax Rate
17.9%
Comprehensive Deduction Rate
24.84%
Total Income
$58,000.00
Total Deductions
$14,939.80
Net Pay
$43,060.20
Average Tax Rate
18.82%
Comprehensive Deduction Rate
25.76%
Total Income
$58,000.00
Total Deductions
$15,193.18
Net Pay
$42,806.82
Average Tax Rate
19.26%
Comprehensive Deduction Rate
26.2%
Total Income
$58,000.00
Total Deductions
$15,450.90
Net Pay
$42,549.10
Average Tax Rate
19.7%
Comprehensive Deduction Rate
26.64%
Total Income
$58,000.00
Total Deductions
$15,485.29
Net Pay
$42,514.71
Average Tax Rate
19.76%
Comprehensive Deduction Rate
26.7%
Total Income
$58,000.00
Total Deductions
$15,916.28
Net Pay
$42,083.72
Average Tax Rate
20.51%
Comprehensive Deduction Rate
27.44%
Total Income
$58,000.00
Total Deductions
$16,071.65
Net Pay
$41,928.35
Average Tax Rate
20.24%
Comprehensive Deduction Rate
27.71%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $58,000.00 | $12,045.63 | $45,954.37 | 13.83% | 20.77% |
| British Columbia | $58,000.00 | $12,810.59 | $45,189.41 | 15.15% | 22.09% |
| Northwest Territories | $58,000.00 | $12,859.75 | $45,140.25 | 15.24% | 22.17% |
| Yukon | $58,000.00 | $12,910.72 | $45,089.28 | 15.32% | 22.26% |
| Ontario | $58,000.00 | $13,503.25 | $44,496.75 | 16.35% | 23.28% |
| Alberta | $58,000.00 | $13,717.84 | $44,282.16 | 16.72% | 23.65% |
| Saskatchewan | $58,000.00 | $14,405.05 | $43,594.95 | 17.9% | 24.84% |
| New Brunswick | $58,000.00 | $14,939.80 | $43,060.20 | 18.82% | 25.76% |
| Newfoundland and Labrador | $58,000.00 | $15,193.18 | $42,806.82 | 19.26% | 26.2% |
| Manitoba | $58,000.00 | $15,450.90 | $42,549.10 | 19.7% | 26.64% |
| Prince Edward Island | $58,000.00 | $15,485.29 | $42,514.71 | 19.76% | 26.7% |
| Nova Scotia | $58,000.00 | $15,916.28 | $42,083.72 | 20.51% | 27.44% |
| Quebec | $58,000.00 | $16,071.65 | $41,928.35 | 20.24% | 27.71% |
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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