2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$43,200.00
Salary
$43,200.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$8,555.35
Federal Tax
$3,611.47
Provincial Tax
$1,877.57
CPP Contributions
$2,362.15
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$704.16
Net Pay
$34,644.65
Marginal Tax Rate
18.66%
Average Tax Rate
12.71%
Comprehensive Deduction Rate
19.8%
Monthly Salary
Total Income
$3,600.00
Salary
$3,600.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$712.95
Federal Tax
$300.96
Provincial Tax
$156.46
CPP Contributions
$196.85
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$58.68
Net Pay
$2,887.05
Marginal Tax Rate
18.66%
Average Tax Rate
12.71%
Comprehensive Deduction Rate
19.8%
Biweekly Salary
Total Income
$1,661.54
Salary
$1,661.54
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$329.05
Federal Tax
$138.90
Provincial Tax
$72.21
CPP Contributions
$90.85
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$27.08
Net Pay
$1,332.49
Marginal Tax Rate
18.66%
Average Tax Rate
12.71%
Comprehensive Deduction Rate
19.8%
Weekly Salary
Total Income
$830.77
Salary
$830.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$164.53
Federal Tax
$69.45
Provincial Tax
$36.11
CPP Contributions
$45.43
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$13.54
Net Pay
$666.24
Marginal Tax Rate
18.66%
Average Tax Rate
12.71%
Comprehensive Deduction Rate
19.8%
Daily Salary
Total Income
$166.15
Salary
$166.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$32.91
Federal Tax
$13.89
Provincial Tax
$7.22
CPP Contributions
$9.09
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.71
Net Pay
$133.25
Marginal Tax Rate
18.66%
Average Tax Rate
12.71%
Comprehensive Deduction Rate
19.8%
Hourly Salary
Total Income
$22.15
Salary
$22.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$4.39
Federal Tax
$1.85
Provincial Tax
$0.96
CPP Contributions
$1.21
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.36
Net Pay
$17.77
Marginal Tax Rate
18.66%
Average Tax Rate
12.71%
Comprehensive Deduction Rate
19.8%
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
$43,200.00
Total Deductions
$7,566.13
Net Pay
$35,633.87
Average Tax Rate
10.42%
Comprehensive Deduction Rate
17.51%
Total Income
$43,200.00
Total Deductions
$8,066.68
Net Pay
$35,133.32
Average Tax Rate
11.57%
Comprehensive Deduction Rate
18.67%
Total Income
$43,200.00
Total Deductions
$8,102.30
Net Pay
$35,097.70
Average Tax Rate
11.66%
Comprehensive Deduction Rate
18.76%
Total Income
$43,200.00
Total Deductions
$8,198.79
Net Pay
$35,001.21
Average Tax Rate
11.88%
Comprehensive Deduction Rate
18.98%
Total Income
$43,200.00
Total Deductions
$8,555.35
Net Pay
$34,644.65
Average Tax Rate
12.71%
Comprehensive Deduction Rate
19.8%
Total Income
$43,200.00
Total Deductions
$8,590.85
Net Pay
$34,609.15
Average Tax Rate
12.79%
Comprehensive Deduction Rate
19.89%
Total Income
$43,200.00
Total Deductions
$9,037.41
Net Pay
$34,162.59
Average Tax Rate
13.82%
Comprehensive Deduction Rate
20.92%
Total Income
$43,200.00
Total Deductions
$9,279.30
Net Pay
$33,920.70
Average Tax Rate
14.38%
Comprehensive Deduction Rate
21.48%
Total Income
$43,200.00
Total Deductions
$9,366.78
Net Pay
$33,833.22
Average Tax Rate
14.58%
Comprehensive Deduction Rate
21.68%
Total Income
$43,200.00
Total Deductions
$9,516.62
Net Pay
$33,683.38
Average Tax Rate
14.93%
Comprehensive Deduction Rate
22.03%
Total Income
$43,200.00
Total Deductions
$9,883.88
Net Pay
$33,316.12
Average Tax Rate
15.78%
Comprehensive Deduction Rate
22.88%
Total Income
$43,200.00
Total Deductions
$9,983.40
Net Pay
$33,216.60
Average Tax Rate
15.46%
Comprehensive Deduction Rate
23.11%
Total Income
$43,200.00
Total Deductions
$10,130.46
Net Pay
$33,069.54
Average Tax Rate
16.35%
Comprehensive Deduction Rate
23.45%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $43,200.00 | $7,566.13 | $35,633.87 | 10.42% | 17.51% |
| Northwest Territories | $43,200.00 | $8,066.68 | $35,133.32 | 11.57% | 18.67% |
| British Columbia | $43,200.00 | $8,102.30 | $35,097.70 | 11.66% | 18.76% |
| Yukon | $43,200.00 | $8,198.79 | $35,001.21 | 11.88% | 18.98% |
| Ontario | $43,200.00 | $8,555.35 | $34,644.65 | 12.71% | 19.8% |
| Alberta | $43,200.00 | $8,590.85 | $34,609.15 | 12.79% | 19.89% |
| Saskatchewan | $43,200.00 | $9,037.41 | $34,162.59 | 13.82% | 20.92% |
| New Brunswick | $43,200.00 | $9,279.30 | $33,920.70 | 14.38% | 21.48% |
| Newfoundland and Labrador | $43,200.00 | $9,366.78 | $33,833.22 | 14.58% | 21.68% |
| Manitoba | $43,200.00 | $9,516.62 | $33,683.38 | 14.93% | 22.03% |
| Prince Edward Island | $43,200.00 | $9,883.88 | $33,316.12 | 15.78% | 22.88% |
| Quebec | $43,200.00 | $9,983.40 | $33,216.60 | 15.46% | 23.11% |
| Nova Scotia | $43,200.00 | $10,130.46 | $33,069.54 | 16.35% | 23.45% |
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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