2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$37,440.00
Salary
$37,440.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$6,981.04
Federal Tax
$2,806.20
Provincial Tax
$1,545.14
CPP Contributions
$2,019.43
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$610.27
Net Pay
$30,458.96
Marginal Tax Rate
24.65%
Average Tax Rate
11.62%
Comprehensive Deduction Rate
18.65%
Monthly Salary
Total Income
$3,120.00
Salary
$3,120.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$581.75
Federal Tax
$233.85
Provincial Tax
$128.76
CPP Contributions
$168.29
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$50.86
Net Pay
$2,538.25
Marginal Tax Rate
24.65%
Average Tax Rate
11.62%
Comprehensive Deduction Rate
18.65%
Biweekly Salary
Total Income
$1,440.00
Salary
$1,440.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$268.50
Federal Tax
$107.93
Provincial Tax
$59.43
CPP Contributions
$77.67
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$23.47
Net Pay
$1,171.50
Marginal Tax Rate
24.65%
Average Tax Rate
11.62%
Comprehensive Deduction Rate
18.65%
Weekly Salary
Total Income
$720.00
Salary
$720.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$134.25
Federal Tax
$53.97
Provincial Tax
$29.71
CPP Contributions
$38.84
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$11.74
Net Pay
$585.75
Marginal Tax Rate
24.65%
Average Tax Rate
11.62%
Comprehensive Deduction Rate
18.65%
Daily Salary
Total Income
$144.00
Salary
$144.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$26.85
Federal Tax
$10.79
Provincial Tax
$5.94
CPP Contributions
$7.77
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.35
Net Pay
$117.15
Marginal Tax Rate
24.65%
Average Tax Rate
11.62%
Comprehensive Deduction Rate
18.65%
Hourly Salary
Total Income
$19.20
Salary
$19.20
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3.58
Federal Tax
$1.44
Provincial Tax
$0.79
CPP Contributions
$1.04
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.31
Net Pay
$15.62
Marginal Tax Rate
24.65%
Average Tax Rate
11.62%
Comprehensive Deduction Rate
18.65%
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
$37,440.00
Total Deductions
$6,111.31
Net Pay
$31,328.69
Average Tax Rate
9.3%
Comprehensive Deduction Rate
16.32%
Total Income
$37,440.00
Total Deductions
$6,510.72
Net Pay
$30,929.28
Average Tax Rate
10.37%
Comprehensive Deduction Rate
17.39%
Total Income
$37,440.00
Total Deductions
$6,577.75
Net Pay
$30,862.25
Average Tax Rate
10.55%
Comprehensive Deduction Rate
17.57%
Total Income
$37,440.00
Total Deductions
$6,616.21
Net Pay
$30,823.79
Average Tax Rate
10.65%
Comprehensive Deduction Rate
17.67%
Total Income
$37,440.00
Total Deductions
$6,816.63
Net Pay
$30,623.37
Average Tax Rate
11.18%
Comprehensive Deduction Rate
18.21%
Total Income
$37,440.00
Total Deductions
$6,981.04
Net Pay
$30,458.96
Average Tax Rate
11.62%
Comprehensive Deduction Rate
18.65%
Total Income
$37,440.00
Total Deductions
$7,236.57
Net Pay
$30,203.43
Average Tax Rate
12.3%
Comprehensive Deduction Rate
19.33%
Total Income
$37,440.00
Total Deductions
$7,537.02
Net Pay
$29,902.98
Average Tax Rate
13.11%
Comprehensive Deduction Rate
20.13%
Total Income
$37,440.00
Total Deductions
$7,561.17
Net Pay
$29,878.83
Average Tax Rate
13.17%
Comprehensive Deduction Rate
20.2%
Total Income
$37,440.00
Total Deductions
$7,587.49
Net Pay
$29,852.51
Average Tax Rate
13.24%
Comprehensive Deduction Rate
20.27%
Total Income
$37,440.00
Total Deductions
$7,889.91
Net Pay
$29,550.09
Average Tax Rate
14.05%
Comprehensive Deduction Rate
21.07%
Total Income
$37,440.00
Total Deductions
$7,984.30
Net Pay
$29,455.70
Average Tax Rate
13.76%
Comprehensive Deduction Rate
21.33%
Total Income
$37,440.00
Total Deductions
$8,035.46
Net Pay
$29,404.54
Average Tax Rate
14.44%
Comprehensive Deduction Rate
21.46%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $37,440.00 | $6,111.31 | $31,328.69 | 9.3% | 16.32% |
| Northwest Territories | $37,440.00 | $6,510.72 | $30,929.28 | 10.37% | 17.39% |
| British Columbia | $37,440.00 | $6,577.75 | $30,862.25 | 10.55% | 17.57% |
| Yukon | $37,440.00 | $6,616.21 | $30,823.79 | 10.65% | 17.67% |
| Alberta | $37,440.00 | $6,816.63 | $30,623.37 | 11.18% | 18.21% |
| Ontario | $37,440.00 | $6,981.04 | $30,458.96 | 11.62% | 18.65% |
| Saskatchewan | $37,440.00 | $7,236.57 | $30,203.43 | 12.3% | 19.33% |
| New Brunswick | $37,440.00 | $7,537.02 | $29,902.98 | 13.11% | 20.13% |
| Newfoundland and Labrador | $37,440.00 | $7,561.17 | $29,878.83 | 13.17% | 20.2% |
| Manitoba | $37,440.00 | $7,587.49 | $29,852.51 | 13.24% | 20.27% |
| Prince Edward Island | $37,440.00 | $7,889.91 | $29,550.09 | 14.05% | 21.07% |
| Quebec | $37,440.00 | $7,984.30 | $29,455.70 | 13.76% | 21.33% |
| Nova Scotia | $37,440.00 | $8,035.46 | $29,404.54 | 14.44% | 21.46% |
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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