2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$47,000.00
Salary
$47,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$9,552.01
Federal Tax
$4,142.73
Provincial Tax
$2,054.93
CPP Contributions
$2,588.25
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$766.10
Net Pay
$37,447.99
Marginal Tax Rate
18.64%
Average Tax Rate
13.19%
Comprehensive Deduction Rate
20.32%
Monthly Salary
Total Income
$3,916.67
Salary
$3,916.67
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$796.00
Federal Tax
$345.23
Provincial Tax
$171.24
CPP Contributions
$215.69
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$63.84
Net Pay
$3,120.67
Marginal Tax Rate
18.64%
Average Tax Rate
13.19%
Comprehensive Deduction Rate
20.32%
Biweekly Salary
Total Income
$1,807.69
Salary
$1,807.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$367.39
Federal Tax
$159.34
Provincial Tax
$79.04
CPP Contributions
$99.55
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$29.47
Net Pay
$1,440.31
Marginal Tax Rate
18.64%
Average Tax Rate
13.19%
Comprehensive Deduction Rate
20.32%
Weekly Salary
Total Income
$903.85
Salary
$903.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$183.69
Federal Tax
$79.67
Provincial Tax
$39.52
CPP Contributions
$49.77
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$14.73
Net Pay
$720.15
Marginal Tax Rate
18.64%
Average Tax Rate
13.19%
Comprehensive Deduction Rate
20.32%
Daily Salary
Total Income
$180.77
Salary
$180.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$36.74
Federal Tax
$15.93
Provincial Tax
$7.90
CPP Contributions
$9.95
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.95
Net Pay
$144.03
Marginal Tax Rate
18.64%
Average Tax Rate
13.19%
Comprehensive Deduction Rate
20.32%
Hourly Salary
Total Income
$24.10
Salary
$24.10
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$4.90
Federal Tax
$2.12
Provincial Tax
$1.05
CPP Contributions
$1.33
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.39
Net Pay
$19.20
Marginal Tax Rate
18.64%
Average Tax Rate
13.19%
Comprehensive Deduction Rate
20.32%
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
$47,000.00
Total Deductions
$8,525.91
Net Pay
$38,474.09
Average Tax Rate
11%
Comprehensive Deduction Rate
18.14%
Total Income
$47,000.00
Total Deductions
$9,093.18
Net Pay
$37,906.82
Average Tax Rate
12.21%
Comprehensive Deduction Rate
19.35%
Total Income
$47,000.00
Total Deductions
$9,135.11
Net Pay
$37,864.89
Average Tax Rate
12.3%
Comprehensive Deduction Rate
19.44%
Total Income
$47,000.00
Total Deductions
$9,242.85
Net Pay
$37,757.15
Average Tax Rate
12.53%
Comprehensive Deduction Rate
19.67%
Total Income
$47,000.00
Total Deductions
$9,552.01
Net Pay
$37,447.99
Average Tax Rate
13.19%
Comprehensive Deduction Rate
20.32%
Total Income
$47,000.00
Total Deductions
$9,761.34
Net Pay
$37,238.66
Average Tax Rate
13.63%
Comprehensive Deduction Rate
20.77%
Total Income
$47,000.00
Total Deductions
$10,225.46
Net Pay
$36,774.54
Average Tax Rate
14.62%
Comprehensive Deduction Rate
21.76%
Total Income
$47,000.00
Total Deductions
$10,428.72
Net Pay
$36,571.28
Average Tax Rate
15.05%
Comprehensive Deduction Rate
22.19%
Total Income
$47,000.00
Total Deductions
$10,712.02
Net Pay
$36,287.98
Average Tax Rate
15.65%
Comprehensive Deduction Rate
22.79%
Total Income
$47,000.00
Total Deductions
$10,789.31
Net Pay
$36,210.69
Average Tax Rate
15.82%
Comprehensive Deduction Rate
22.96%
Total Income
$47,000.00
Total Deductions
$11,199.35
Net Pay
$35,800.65
Average Tax Rate
16.69%
Comprehensive Deduction Rate
23.83%
Total Income
$47,000.00
Total Deductions
$11,302.25
Net Pay
$35,697.75
Average Tax Rate
16.36%
Comprehensive Deduction Rate
24.05%
Total Income
$47,000.00
Total Deductions
$11,512.58
Net Pay
$35,487.42
Average Tax Rate
17.36%
Comprehensive Deduction Rate
24.49%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $47,000.00 | $8,525.91 | $38,474.09 | 11% | 18.14% |
| Northwest Territories | $47,000.00 | $9,093.18 | $37,906.82 | 12.21% | 19.35% |
| British Columbia | $47,000.00 | $9,135.11 | $37,864.89 | 12.3% | 19.44% |
| Yukon | $47,000.00 | $9,242.85 | $37,757.15 | 12.53% | 19.67% |
| Ontario | $47,000.00 | $9,552.01 | $37,447.99 | 13.19% | 20.32% |
| Alberta | $47,000.00 | $9,761.34 | $37,238.66 | 13.63% | 20.77% |
| Saskatchewan | $47,000.00 | $10,225.46 | $36,774.54 | 14.62% | 21.76% |
| New Brunswick | $47,000.00 | $10,428.72 | $36,571.28 | 15.05% | 22.19% |
| Newfoundland and Labrador | $47,000.00 | $10,712.02 | $36,287.98 | 15.65% | 22.79% |
| Manitoba | $47,000.00 | $10,789.31 | $36,210.69 | 15.82% | 22.96% |
| Prince Edward Island | $47,000.00 | $11,199.35 | $35,800.65 | 16.69% | 23.83% |
| Quebec | $47,000.00 | $11,302.25 | $35,697.75 | 16.36% | 24.05% |
| Nova Scotia | $47,000.00 | $11,512.58 | $35,487.42 | 17.36% | 24.49% |
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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