2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$149,000.00
Salary
$149,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$47,295.11
Federal Tax
$26,881.99
Provincial Tax
$15,656.22
CPP Contributions
$3,754.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,002.45
Net Pay
$101,704.89
Marginal Tax Rate
43.41%
Average Tax Rate
28.55%
Comprehensive Deduction Rate
31.74%
Monthly Salary
Total Income
$12,416.67
Salary
$12,416.67
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,941.26
Federal Tax
$2,240.17
Provincial Tax
$1,304.69
CPP Contributions
$312.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$83.54
Net Pay
$8,475.41
Marginal Tax Rate
43.41%
Average Tax Rate
28.55%
Comprehensive Deduction Rate
31.74%
Biweekly Salary
Total Income
$5,730.77
Salary
$5,730.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,819.04
Federal Tax
$1,033.92
Provincial Tax
$602.16
CPP Contributions
$144.40
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$38.56
Net Pay
$3,911.73
Marginal Tax Rate
43.41%
Average Tax Rate
28.55%
Comprehensive Deduction Rate
31.74%
Weekly Salary
Total Income
$2,865.38
Salary
$2,865.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$909.52
Federal Tax
$516.96
Provincial Tax
$301.08
CPP Contributions
$72.20
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.28
Net Pay
$1,955.86
Marginal Tax Rate
43.41%
Average Tax Rate
28.55%
Comprehensive Deduction Rate
31.74%
Daily Salary
Total Income
$573.08
Salary
$573.08
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$181.90
Federal Tax
$103.39
Provincial Tax
$60.22
CPP Contributions
$14.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.86
Net Pay
$391.17
Marginal Tax Rate
43.41%
Average Tax Rate
28.55%
Comprehensive Deduction Rate
31.74%
Hourly Salary
Total Income
$76.41
Salary
$76.41
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$24.25
Federal Tax
$13.79
Provincial Tax
$8.03
CPP Contributions
$1.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.51
Net Pay
$52.16
Marginal Tax Rate
43.41%
Average Tax Rate
28.55%
Comprehensive Deduction Rate
31.74%
Federal and Provincial/Territorial Tax Brackets
Your taxable income in the following tax brackets.
| Federal Tax Bracket | Federal Tax Rates |
|---|---|
| $53,359.00 or less | 15% |
| $53,359.00 - $106,716.99 | 20.5% |
| $106,717.00 - $165,429.99 | 26% |
| $165,430.00 - $235,674.99 | 29% |
| More than $235,675.00 | 33% |
| Ontario Tax Bracket | Ontario Tax Rates |
|---|---|
| $49,231.00 or less | 5.05% |
| $49,231.00 - $98,462.99 | 9.15% |
| $98,463.00 - $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
$149,000.00
Total Deductions
$40,592.79
Net Pay
$108,407.21
Average Tax Rate
24.05%
Comprehensive Deduction Rate
27.24%
Total Income
$149,000.00
Total Deductions
$43,132.38
Net Pay
$105,867.62
Average Tax Rate
25.76%
Comprehensive Deduction Rate
28.95%
Total Income
$149,000.00
Total Deductions
$43,791.20
Net Pay
$105,208.80
Average Tax Rate
26.2%
Comprehensive Deduction Rate
29.39%
Total Income
$149,000.00
Total Deductions
$44,004.35
Net Pay
$104,995.65
Average Tax Rate
26.34%
Comprehensive Deduction Rate
29.53%
Total Income
$149,000.00
Total Deductions
$44,127.34
Net Pay
$104,872.66
Average Tax Rate
26.42%
Comprehensive Deduction Rate
29.62%
Total Income
$149,000.00
Total Deductions
$47,085.96
Net Pay
$101,914.04
Average Tax Rate
28.41%
Comprehensive Deduction Rate
31.6%
Total Income
$149,000.00
Total Deductions
$47,295.11
Net Pay
$101,704.89
Average Tax Rate
28.55%
Comprehensive Deduction Rate
31.74%
Total Income
$149,000.00
Total Deductions
$49,785.30
Net Pay
$99,214.70
Average Tax Rate
30.22%
Comprehensive Deduction Rate
33.41%
Total Income
$149,000.00
Total Deductions
$50,427.29
Net Pay
$98,572.71
Average Tax Rate
30.65%
Comprehensive Deduction Rate
33.84%
Total Income
$149,000.00
Total Deductions
$51,043.02
Net Pay
$97,956.98
Average Tax Rate
31.06%
Comprehensive Deduction Rate
34.26%
Total Income
$149,000.00
Total Deductions
$52,539.21
Net Pay
$96,460.79
Average Tax Rate
32.07%
Comprehensive Deduction Rate
35.26%
Total Income
$149,000.00
Total Deductions
$52,964.03
Net Pay
$96,035.97
Average Tax Rate
32.35%
Comprehensive Deduction Rate
35.55%
Total Income
$149,000.00
Total Deductions
$54,624.14
Net Pay
$94,375.86
Average Tax Rate
33.12%
Comprehensive Deduction Rate
36.66%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $149,000.00 | $40,592.79 | $108,407.21 | 24.05% | 27.24% |
| Yukon | $149,000.00 | $43,132.38 | $105,867.62 | 25.76% | 28.95% |
| Northwest Territories | $149,000.00 | $43,791.20 | $105,208.80 | 26.2% | 29.39% |
| British Columbia | $149,000.00 | $44,004.35 | $104,995.65 | 26.34% | 29.53% |
| Alberta | $149,000.00 | $44,127.34 | $104,872.66 | 26.42% | 29.62% |
| Saskatchewan | $149,000.00 | $47,085.96 | $101,914.04 | 28.41% | 31.6% |
| Ontario | $149,000.00 | $47,295.11 | $101,704.89 | 28.55% | 31.74% |
| New Brunswick | $149,000.00 | $49,785.30 | $99,214.70 | 30.22% | 33.41% |
| Newfoundland and Labrador | $149,000.00 | $50,427.29 | $98,572.71 | 30.65% | 33.84% |
| Manitoba | $149,000.00 | $51,043.02 | $97,956.98 | 31.06% | 34.26% |
| Prince Edward Island | $149,000.00 | $52,539.21 | $96,460.79 | 32.07% | 35.26% |
| Nova Scotia | $149,000.00 | $52,964.03 | $96,035.97 | 32.35% | 35.55% |
| Quebec | $149,000.00 | $54,624.14 | $94,375.86 | 33.12% | 36.66% |
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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