2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$72,150.00
Salary
$72,150.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$17,955.84
Federal Tax
$8,801.74
Provincial Tax
$4,397.20
CPP Contributions
$3,754.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,002.45
Net Pay
$54,194.16
Marginal Tax Rate
54.65%
Average Tax Rate
18.29%
Comprehensive Deduction Rate
24.89%
Monthly Salary
Total Income
$6,012.50
Salary
$6,012.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,496.32
Federal Tax
$733.48
Provincial Tax
$366.43
CPP Contributions
$312.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$83.54
Net Pay
$4,516.18
Marginal Tax Rate
54.65%
Average Tax Rate
18.29%
Comprehensive Deduction Rate
24.89%
Biweekly Salary
Total Income
$2,775.00
Salary
$2,775.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$690.61
Federal Tax
$338.53
Provincial Tax
$169.12
CPP Contributions
$144.40
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$38.56
Net Pay
$2,084.39
Marginal Tax Rate
54.65%
Average Tax Rate
18.29%
Comprehensive Deduction Rate
24.89%
Weekly Salary
Total Income
$1,387.50
Salary
$1,387.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$345.30
Federal Tax
$169.26
Provincial Tax
$84.56
CPP Contributions
$72.20
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.28
Net Pay
$1,042.20
Marginal Tax Rate
54.65%
Average Tax Rate
18.29%
Comprehensive Deduction Rate
24.89%
Daily Salary
Total Income
$277.50
Salary
$277.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$69.06
Federal Tax
$33.85
Provincial Tax
$16.91
CPP Contributions
$14.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.86
Net Pay
$208.44
Marginal Tax Rate
54.65%
Average Tax Rate
18.29%
Comprehensive Deduction Rate
24.89%
Hourly Salary
Total Income
$37.00
Salary
$37.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$9.21
Federal Tax
$4.51
Provincial Tax
$2.25
CPP Contributions
$1.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.51
Net Pay
$27.79
Marginal Tax Rate
54.65%
Average Tax Rate
18.29%
Comprehensive Deduction Rate
24.89%
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
$72,150.00
Total Deductions
$16,188.04
Net Pay
$55,961.96
Average Tax Rate
15.84%
Comprehensive Deduction Rate
22.44%
Total Income
$72,150.00
Total Deductions
$17,077.65
Net Pay
$55,072.35
Average Tax Rate
17.08%
Comprehensive Deduction Rate
23.67%
Total Income
$72,150.00
Total Deductions
$17,216.85
Net Pay
$54,933.15
Average Tax Rate
17.27%
Comprehensive Deduction Rate
23.86%
Total Income
$72,150.00
Total Deductions
$17,332.63
Net Pay
$54,817.37
Average Tax Rate
17.43%
Comprehensive Deduction Rate
24.02%
Total Income
$72,150.00
Total Deductions
$17,955.84
Net Pay
$54,194.16
Average Tax Rate
18.29%
Comprehensive Deduction Rate
24.89%
Total Income
$72,150.00
Total Deductions
$18,228.09
Net Pay
$53,921.91
Average Tax Rate
18.67%
Comprehensive Deduction Rate
25.26%
Total Income
$72,150.00
Total Deductions
$19,261.46
Net Pay
$52,888.54
Average Tax Rate
20.1%
Comprehensive Deduction Rate
26.7%
Total Income
$72,150.00
Total Deductions
$19,875.05
Net Pay
$52,274.95
Average Tax Rate
20.95%
Comprehensive Deduction Rate
27.55%
Total Income
$72,150.00
Total Deductions
$19,938.90
Net Pay
$52,211.10
Average Tax Rate
21.04%
Comprehensive Deduction Rate
27.64%
Total Income
$72,150.00
Total Deductions
$20,324.79
Net Pay
$51,825.21
Average Tax Rate
21.58%
Comprehensive Deduction Rate
28.17%
Total Income
$72,150.00
Total Deductions
$20,861.34
Net Pay
$51,288.66
Average Tax Rate
22.32%
Comprehensive Deduction Rate
28.91%
Total Income
$72,150.00
Total Deductions
$21,593.16
Net Pay
$50,556.84
Average Tax Rate
23.34%
Comprehensive Deduction Rate
29.93%
Total Income
$72,150.00
Total Deductions
$21,617.33
Net Pay
$50,532.67
Average Tax Rate
22.79%
Comprehensive Deduction Rate
29.96%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $72,150.00 | $16,188.04 | $55,961.96 | 15.84% | 22.44% |
| British Columbia | $72,150.00 | $17,077.65 | $55,072.35 | 17.08% | 23.67% |
| Northwest Territories | $72,150.00 | $17,216.85 | $54,933.15 | 17.27% | 23.86% |
| Yukon | $72,150.00 | $17,332.63 | $54,817.37 | 17.43% | 24.02% |
| Ontario | $72,150.00 | $17,955.84 | $54,194.16 | 18.29% | 24.89% |
| Alberta | $72,150.00 | $18,228.09 | $53,921.91 | 18.67% | 25.26% |
| Saskatchewan | $72,150.00 | $19,261.46 | $52,888.54 | 20.1% | 26.7% |
| New Brunswick | $72,150.00 | $19,875.05 | $52,274.95 | 20.95% | 27.55% |
| Manitoba | $72,150.00 | $19,938.90 | $52,211.10 | 21.04% | 27.64% |
| Newfoundland and Labrador | $72,150.00 | $20,324.79 | $51,825.21 | 21.58% | 28.17% |
| Prince Edward Island | $72,150.00 | $20,861.34 | $51,288.66 | 22.32% | 28.91% |
| Nova Scotia | $72,150.00 | $21,593.16 | $50,556.84 | 23.34% | 29.93% |
| Quebec | $72,150.00 | $21,617.33 | $50,532.67 | 22.79% | 29.96% |
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.
Jobs paying $37+/hour
Advantage Personnel
-
231 Jobs
Kingston, ON
$42.19 - $45.95 / hour
Full-time
3 days ago
Are you looking to relocate to Ontario or just browsing through cities within the province/territory?
Check out our Ontario demographics page for more information.