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2022 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Your Results

Yearly Salary
Total Income $42,000.00
Salary $42,000.00
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $8,284.00
Federal Tax $3,561.85
Provincial Tax $1,864.05
CPP Contributions $2,194.50
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $663.60
Net Pay $33,716.00
Marginal Tax Rate 18.7%
Average Tax Rate 12.92%
Comprehensive Deduction Rate 19.72%
$42,000.00 a year is how much per hour?
What is the minimum wage in Ontario in 2025?
Monthly Salary
Total Income $3,500.00
Salary $3,500.00
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $690.33
Federal Tax $296.82
Provincial Tax $155.34
CPP Contributions $182.88
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $55.30
Net Pay $2,809.67
Marginal Tax Rate 18.7%
Average Tax Rate 12.92%
Comprehensive Deduction Rate 19.72%
$3,500.00 a month is how much per year?
What is the minimum wage in Ontario in 2025?
Biweekly Salary
Total Income $1,615.38
Salary $1,615.38
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $318.62
Federal Tax $136.99
Provincial Tax $71.69
CPP Contributions $84.40
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $25.52
Net Pay $1,296.77
Marginal Tax Rate 18.7%
Average Tax Rate 12.92%
Comprehensive Deduction Rate 19.72%
$1,615.38 per two weeks is how much per year?
What is the minimum wage in Ontario in 2025?
Weekly Salary
Total Income $807.69
Salary $807.69
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $159.31
Federal Tax $68.50
Provincial Tax $35.85
CPP Contributions $42.20
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $12.76
Net Pay $648.38
Marginal Tax Rate 18.7%
Average Tax Rate 12.92%
Comprehensive Deduction Rate 19.72%
$807.69 a week is how much per year?
What is the minimum wage in Ontario in 2025?
Daily Salary
Total Income $161.54
Salary $161.54
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $31.86
Federal Tax $13.70
Provincial Tax $7.17
CPP Contributions $8.44
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $2.55
Net Pay $129.68
Marginal Tax Rate 18.7%
Average Tax Rate 12.92%
Comprehensive Deduction Rate 19.72%
$161.54 a day is how much per year?
What is the minimum wage in Ontario in 2025?
Hourly Salary
Total Income $21.54
Salary $21.54
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $4.25
Federal Tax $1.83
Provincial Tax $0.96
CPP Contributions $1.13
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $0.34
Net Pay $17.29
Marginal Tax Rate 18.7%
Average Tax Rate 12.92%
Comprehensive Deduction Rate 19.72%
$21.54 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
$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 $42,000.00
Total Deductions $7,311.15
Net Pay $34,688.85
Average Tax Rate 10.6%
Comprehensive Deduction Rate 17.41%
Total Income $42,000.00
Total Deductions $7,808.39
Net Pay $34,191.61
Average Tax Rate 11.79%
Comprehensive Deduction Rate 18.59%
Total Income $42,000.00
Total Deductions $7,828.65
Net Pay $34,171.35
Average Tax Rate 11.83%
Comprehensive Deduction Rate 18.64%
Total Income $42,000.00
Total Deductions $7,921.19
Net Pay $34,078.81
Average Tax Rate 12.05%
Comprehensive Deduction Rate 18.86%
Total Income $42,000.00
Total Deductions $8,284.00
Net Pay $33,716.00
Average Tax Rate 12.92%
Comprehensive Deduction Rate 19.72%
Total Income $42,000.00
Total Deductions $8,397.24
Net Pay $33,602.76
Average Tax Rate 13.19%
Comprehensive Deduction Rate 19.99%
Total Income $42,000.00
Total Deductions $8,785.27
Net Pay $33,214.73
Average Tax Rate 14.11%
Comprehensive Deduction Rate 20.92%
Total Income $42,000.00
Total Deductions $8,997.61
Net Pay $33,002.39
Average Tax Rate 14.62%
Comprehensive Deduction Rate 21.42%
Total Income $42,000.00
Total Deductions $9,137.44
Net Pay $32,862.56
Average Tax Rate 14.95%
Comprehensive Deduction Rate 21.76%
Total Income $42,000.00
Total Deductions $9,554.36
Net Pay $32,445.64
Average Tax Rate 15.94%
Comprehensive Deduction Rate 22.75%
Total Income $42,000.00
Total Deductions $9,682.81
Net Pay $32,317.19
Average Tax Rate 15.72%
Comprehensive Deduction Rate 23.05%
Total Income $42,000.00
Total Deductions $9,699.62
Net Pay $32,300.38
Average Tax Rate 16.29%
Comprehensive Deduction Rate 23.09%
Total Income $42,000.00
Total Deductions $9,705.20
Net Pay $32,294.80
Average Tax Rate 16.3%
Comprehensive Deduction Rate 23.11%
Region Total Income Total Deductions Net Pay Avg. Tax Rate Comp. Deduction Rate
Nunavut $42,000.00 $7,311.15 $34,688.85 10.6% 17.41%
Northwest Territories $42,000.00 $7,808.39 $34,191.61 11.79% 18.59%
British Columbia $42,000.00 $7,828.65 $34,171.35 11.83% 18.64%
Yukon $42,000.00 $7,921.19 $34,078.81 12.05% 18.86%
Ontario $42,000.00 $8,284.00 $33,716.00 12.92% 19.72%
Alberta $42,000.00 $8,397.24 $33,602.76 13.19% 19.99%
Saskatchewan $42,000.00 $8,785.27 $33,214.73 14.11% 20.92%
New Brunswick $42,000.00 $8,997.61 $33,002.39 14.62% 21.42%
Newfoundland and Labrador $42,000.00 $9,137.44 $32,862.56 14.95% 21.76%
Prince Edward Island $42,000.00 $9,554.36 $32,445.64 15.94% 22.75%
Quebec $42,000.00 $9,682.81 $32,317.19 15.72% 23.05%
Manitoba $42,000.00 $9,699.62 $32,300.38 16.29% 23.09%
Nova Scotia $42,000.00 $9,705.20 $32,294.80 16.3% 23.11%
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.