2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$23,000.00
Salary
$23,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,924.16
Federal Tax
$787.43
Provincial Tax
$601.58
CPP Contributions
$1,160.25
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$374.90
Net Pay
$20,075.84
Marginal Tax Rate
29.32%
Average Tax Rate
6.04%
Comprehensive Deduction Rate
12.71%
Monthly Salary
Total Income
$1,916.67
Salary
$1,916.67
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$243.68
Federal Tax
$65.62
Provincial Tax
$50.13
CPP Contributions
$96.69
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$31.24
Net Pay
$1,672.99
Marginal Tax Rate
29.32%
Average Tax Rate
6.04%
Comprehensive Deduction Rate
12.71%
Biweekly Salary
Total Income
$884.62
Salary
$884.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$112.47
Federal Tax
$30.29
Provincial Tax
$23.14
CPP Contributions
$44.63
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$14.42
Net Pay
$772.15
Marginal Tax Rate
29.32%
Average Tax Rate
6.04%
Comprehensive Deduction Rate
12.71%
Weekly Salary
Total Income
$442.31
Salary
$442.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$56.23
Federal Tax
$15.14
Provincial Tax
$11.57
CPP Contributions
$22.31
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$7.21
Net Pay
$386.07
Marginal Tax Rate
29.32%
Average Tax Rate
6.04%
Comprehensive Deduction Rate
12.71%
Daily Salary
Total Income
$88.46
Salary
$88.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$11.25
Federal Tax
$3.03
Provincial Tax
$2.31
CPP Contributions
$4.46
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.44
Net Pay
$77.21
Marginal Tax Rate
29.32%
Average Tax Rate
6.04%
Comprehensive Deduction Rate
12.71%
Hourly Salary
Total Income
$11.79
Salary
$11.79
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1.50
Federal Tax
$0.40
Provincial Tax
$0.31
CPP Contributions
$0.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.19
Net Pay
$10.30
Marginal Tax Rate
29.32%
Average Tax Rate
6.04%
Comprehensive Deduction Rate
12.71%
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
$23,000.00
Total Deductions
$2,322.58
Net Pay
$20,677.42
Average Tax Rate
3.42%
Comprehensive Deduction Rate
10.1%
Total Income
$23,000.00
Total Deductions
$2,368.76
Net Pay
$20,631.24
Average Tax Rate
3.62%
Comprehensive Deduction Rate
10.3%
Total Income
$23,000.00
Total Deductions
$2,464.17
Net Pay
$20,535.83
Average Tax Rate
4.04%
Comprehensive Deduction Rate
10.71%
Total Income
$23,000.00
Total Deductions
$2,610.02
Net Pay
$20,389.98
Average Tax Rate
4.67%
Comprehensive Deduction Rate
11.35%
Total Income
$23,000.00
Total Deductions
$2,648.78
Net Pay
$20,351.22
Average Tax Rate
4.84%
Comprehensive Deduction Rate
11.52%
Total Income
$23,000.00
Total Deductions
$2,721.98
Net Pay
$20,278.02
Average Tax Rate
5.16%
Comprehensive Deduction Rate
11.83%
Total Income
$23,000.00
Total Deductions
$2,924.16
Net Pay
$20,075.84
Average Tax Rate
6.04%
Comprehensive Deduction Rate
12.71%
Total Income
$23,000.00
Total Deductions
$2,972.67
Net Pay
$20,027.33
Average Tax Rate
5.73%
Comprehensive Deduction Rate
12.92%
Total Income
$23,000.00
Total Deductions
$3,020.78
Net Pay
$19,979.22
Average Tax Rate
6.46%
Comprehensive Deduction Rate
13.13%
Total Income
$23,000.00
Total Deductions
$3,169.23
Net Pay
$19,830.77
Average Tax Rate
7.1%
Comprehensive Deduction Rate
13.78%
Total Income
$23,000.00
Total Deductions
$3,200.16
Net Pay
$19,799.84
Average Tax Rate
7.24%
Comprehensive Deduction Rate
13.91%
Total Income
$23,000.00
Total Deductions
$3,250.14
Net Pay
$19,749.86
Average Tax Rate
7.46%
Comprehensive Deduction Rate
14.13%
Total Income
$23,000.00
Total Deductions
$3,286.79
Net Pay
$19,713.21
Average Tax Rate
7.62%
Comprehensive Deduction Rate
14.29%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| British Columbia | $23,000.00 | $2,322.58 | $20,677.42 | 3.42% | 10.1% |
| Alberta | $23,000.00 | $2,368.76 | $20,631.24 | 3.62% | 10.3% |
| Nunavut | $23,000.00 | $2,464.17 | $20,535.83 | 4.04% | 10.71% |
| Northwest Territories | $23,000.00 | $2,610.02 | $20,389.98 | 4.67% | 11.35% |
| Yukon | $23,000.00 | $2,648.78 | $20,351.22 | 4.84% | 11.52% |
| Saskatchewan | $23,000.00 | $2,721.98 | $20,278.02 | 5.16% | 11.83% |
| Ontario | $23,000.00 | $2,924.16 | $20,075.84 | 6.04% | 12.71% |
| Quebec | $23,000.00 | $2,972.67 | $20,027.33 | 5.73% | 12.92% |
| Manitoba | $23,000.00 | $3,020.78 | $19,979.22 | 6.46% | 13.13% |
| New Brunswick | $23,000.00 | $3,169.23 | $19,830.77 | 7.1% | 13.78% |
| Nova Scotia | $23,000.00 | $3,200.16 | $19,799.84 | 7.24% | 13.91% |
| Prince Edward Island | $23,000.00 | $3,250.14 | $19,749.86 | 7.46% | 14.13% |
| Newfoundland and Labrador | $23,000.00 | $3,286.79 | $19,713.21 | 7.62% | 14.29% |
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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