2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$61,000.00
Salary
$61,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$14,285.21
Federal Tax
$6,526.23
Provincial Tax
$3,343.43
CPP Contributions
$3,421.25
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$994.30
Net Pay
$46,714.79
Marginal Tax Rate
28.57%
Average Tax Rate
16.18%
Comprehensive Deduction Rate
23.42%
Monthly Salary
Total Income
$5,083.33
Salary
$5,083.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,190.43
Federal Tax
$543.85
Provincial Tax
$278.62
CPP Contributions
$285.10
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$82.86
Net Pay
$3,892.90
Marginal Tax Rate
28.57%
Average Tax Rate
16.18%
Comprehensive Deduction Rate
23.42%
Biweekly Salary
Total Income
$2,346.15
Salary
$2,346.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$549.43
Federal Tax
$251.01
Provincial Tax
$128.59
CPP Contributions
$131.59
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$38.24
Net Pay
$1,796.72
Marginal Tax Rate
28.57%
Average Tax Rate
16.18%
Comprehensive Deduction Rate
23.42%
Weekly Salary
Total Income
$1,173.08
Salary
$1,173.08
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$274.72
Federal Tax
$125.50
Provincial Tax
$64.30
CPP Contributions
$65.79
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.12
Net Pay
$898.36
Marginal Tax Rate
28.57%
Average Tax Rate
16.18%
Comprehensive Deduction Rate
23.42%
Daily Salary
Total Income
$234.62
Salary
$234.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$54.94
Federal Tax
$25.10
Provincial Tax
$12.86
CPP Contributions
$13.16
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.82
Net Pay
$179.67
Marginal Tax Rate
28.57%
Average Tax Rate
16.18%
Comprehensive Deduction Rate
23.42%
Hourly Salary
Total Income
$31.28
Salary
$31.28
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$7.33
Federal Tax
$3.35
Provincial Tax
$1.71
CPP Contributions
$1.75
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.51
Net Pay
$23.96
Marginal Tax Rate
28.57%
Average Tax Rate
16.18%
Comprehensive Deduction Rate
23.42%
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
$61,000.00
Total Deductions
$12,793.82
Net Pay
$48,206.18
Average Tax Rate
13.73%
Comprehensive Deduction Rate
20.97%
Total Income
$61,000.00
Total Deductions
$13,606.22
Net Pay
$47,393.78
Average Tax Rate
15.07%
Comprehensive Deduction Rate
22.31%
Total Income
$61,000.00
Total Deductions
$13,645.72
Net Pay
$47,354.28
Average Tax Rate
15.13%
Comprehensive Deduction Rate
22.37%
Total Income
$61,000.00
Total Deductions
$13,717.29
Net Pay
$47,282.71
Average Tax Rate
15.25%
Comprehensive Deduction Rate
22.49%
Total Income
$61,000.00
Total Deductions
$14,285.21
Net Pay
$46,714.79
Average Tax Rate
16.18%
Comprehensive Deduction Rate
23.42%
Total Income
$61,000.00
Total Deductions
$14,504.08
Net Pay
$46,495.92
Average Tax Rate
16.54%
Comprehensive Deduction Rate
23.78%
Total Income
$61,000.00
Total Deductions
$15,259.10
Net Pay
$45,740.90
Average Tax Rate
17.78%
Comprehensive Deduction Rate
25.01%
Total Income
$61,000.00
Total Deductions
$15,704.57
Net Pay
$45,295.43
Average Tax Rate
18.51%
Comprehensive Deduction Rate
25.75%
Total Income
$61,000.00
Total Deductions
$15,908.89
Net Pay
$45,091.11
Average Tax Rate
18.84%
Comprehensive Deduction Rate
26.08%
Total Income
$61,000.00
Total Deductions
$16,098.01
Net Pay
$44,901.99
Average Tax Rate
19.15%
Comprehensive Deduction Rate
26.39%
Total Income
$61,000.00
Total Deductions
$16,476.13
Net Pay
$44,523.87
Average Tax Rate
19.77%
Comprehensive Deduction Rate
27.01%
Total Income
$61,000.00
Total Deductions
$17,065.69
Net Pay
$43,934.31
Average Tax Rate
20.74%
Comprehensive Deduction Rate
27.98%
Total Income
$61,000.00
Total Deductions
$17,065.80
Net Pay
$43,934.20
Average Tax Rate
20.18%
Comprehensive Deduction Rate
27.98%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $61,000.00 | $12,793.82 | $48,206.18 | 13.73% | 20.97% |
| British Columbia | $61,000.00 | $13,606.22 | $47,393.78 | 15.07% | 22.31% |
| Northwest Territories | $61,000.00 | $13,645.72 | $47,354.28 | 15.13% | 22.37% |
| Yukon | $61,000.00 | $13,717.29 | $47,282.71 | 15.25% | 22.49% |
| Ontario | $61,000.00 | $14,285.21 | $46,714.79 | 16.18% | 23.42% |
| Alberta | $61,000.00 | $14,504.08 | $46,495.92 | 16.54% | 23.78% |
| Saskatchewan | $61,000.00 | $15,259.10 | $45,740.90 | 17.78% | 25.01% |
| New Brunswick | $61,000.00 | $15,704.57 | $45,295.43 | 18.51% | 25.75% |
| Manitoba | $61,000.00 | $15,908.89 | $45,091.11 | 18.84% | 26.08% |
| Newfoundland and Labrador | $61,000.00 | $16,098.01 | $44,901.99 | 19.15% | 26.39% |
| Prince Edward Island | $61,000.00 | $16,476.13 | $44,523.87 | 19.77% | 27.01% |
| Nova Scotia | $61,000.00 | $17,065.69 | $43,934.31 | 20.74% | 27.98% |
| Quebec | $61,000.00 | $17,065.80 | $43,934.20 | 20.18% | 27.98% |
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 $61,000+/year
Canadian Red Cross
-
30 Jobs
Moosonee, ON
$51,342 - $62,928 / year
Full-time
7 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.