2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$88,800.00
Salary
$88,800.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$23,005.06
Federal Tax
$12,214.99
Provincial Tax
$6,033.17
CPP Contributions
$3,754.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,002.45
Net Pay
$65,794.94
Marginal Tax Rate
29.65%
Average Tax Rate
20.55%
Comprehensive Deduction Rate
25.91%
Monthly Salary
Total Income
$7,400.00
Salary
$7,400.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,917.09
Federal Tax
$1,017.92
Provincial Tax
$502.76
CPP Contributions
$312.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$83.54
Net Pay
$5,482.91
Marginal Tax Rate
29.65%
Average Tax Rate
20.55%
Comprehensive Deduction Rate
25.91%
Biweekly Salary
Total Income
$3,415.38
Salary
$3,415.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$884.81
Federal Tax
$469.81
Provincial Tax
$232.05
CPP Contributions
$144.40
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$38.56
Net Pay
$2,530.57
Marginal Tax Rate
29.65%
Average Tax Rate
20.55%
Comprehensive Deduction Rate
25.91%
Weekly Salary
Total Income
$1,707.69
Salary
$1,707.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$442.41
Federal Tax
$234.90
Provincial Tax
$116.02
CPP Contributions
$72.20
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.28
Net Pay
$1,265.29
Marginal Tax Rate
29.65%
Average Tax Rate
20.55%
Comprehensive Deduction Rate
25.91%
Daily Salary
Total Income
$341.54
Salary
$341.54
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$88.48
Federal Tax
$46.98
Provincial Tax
$23.20
CPP Contributions
$14.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.86
Net Pay
$253.06
Marginal Tax Rate
29.65%
Average Tax Rate
20.55%
Comprehensive Deduction Rate
25.91%
Hourly Salary
Total Income
$45.54
Salary
$45.54
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$11.80
Federal Tax
$6.26
Provincial Tax
$3.09
CPP Contributions
$1.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.51
Net Pay
$33.74
Marginal Tax Rate
29.65%
Average Tax Rate
20.55%
Comprehensive Deduction Rate
25.91%
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
$88,800.00
Total Deductions
$20,766.79
Net Pay
$68,033.21
Average Tax Rate
18.03%
Comprehensive Deduction Rate
23.39%
Total Income
$88,800.00
Total Deductions
$21,772.95
Net Pay
$67,027.05
Average Tax Rate
19.16%
Comprehensive Deduction Rate
24.52%
Total Income
$88,800.00
Total Deductions
$22,062.00
Net Pay
$66,738.00
Average Tax Rate
19.49%
Comprehensive Deduction Rate
24.84%
Total Income
$88,800.00
Total Deductions
$22,244.38
Net Pay
$66,555.62
Average Tax Rate
19.69%
Comprehensive Deduction Rate
25.05%
Total Income
$88,800.00
Total Deductions
$23,005.06
Net Pay
$65,794.94
Average Tax Rate
20.55%
Comprehensive Deduction Rate
25.91%
Total Income
$88,800.00
Total Deductions
$23,306.34
Net Pay
$65,493.66
Average Tax Rate
20.89%
Comprehensive Deduction Rate
26.25%
Total Income
$88,800.00
Total Deductions
$24,755.96
Net Pay
$64,044.04
Average Tax Rate
22.52%
Comprehensive Deduction Rate
27.88%
Total Income
$88,800.00
Total Deductions
$25,619.30
Net Pay
$63,180.70
Average Tax Rate
23.49%
Comprehensive Deduction Rate
28.85%
Total Income
$88,800.00
Total Deductions
$25,901.22
Net Pay
$62,898.78
Average Tax Rate
23.81%
Comprehensive Deduction Rate
29.17%
Total Income
$88,800.00
Total Deductions
$26,229.69
Net Pay
$62,570.31
Average Tax Rate
24.18%
Comprehensive Deduction Rate
29.54%
Total Income
$88,800.00
Total Deductions
$27,055.14
Net Pay
$61,744.86
Average Tax Rate
25.11%
Comprehensive Deduction Rate
30.47%
Total Income
$88,800.00
Total Deductions
$27,796.99
Net Pay
$61,003.01
Average Tax Rate
25.95%
Comprehensive Deduction Rate
31.3%
Total Income
$88,800.00
Total Deductions
$27,869.83
Net Pay
$60,930.17
Average Tax Rate
25.46%
Comprehensive Deduction Rate
31.38%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $88,800.00 | $20,766.79 | $68,033.21 | 18.03% | 23.39% |
| British Columbia | $88,800.00 | $21,772.95 | $67,027.05 | 19.16% | 24.52% |
| Northwest Territories | $88,800.00 | $22,062.00 | $66,738.00 | 19.49% | 24.84% |
| Yukon | $88,800.00 | $22,244.38 | $66,555.62 | 19.69% | 25.05% |
| Ontario | $88,800.00 | $23,005.06 | $65,794.94 | 20.55% | 25.91% |
| Alberta | $88,800.00 | $23,306.34 | $65,493.66 | 20.89% | 26.25% |
| Saskatchewan | $88,800.00 | $24,755.96 | $64,044.04 | 22.52% | 27.88% |
| New Brunswick | $88,800.00 | $25,619.30 | $63,180.70 | 23.49% | 28.85% |
| Manitoba | $88,800.00 | $25,901.22 | $62,898.78 | 23.81% | 29.17% |
| Newfoundland and Labrador | $88,800.00 | $26,229.69 | $62,570.31 | 24.18% | 29.54% |
| Prince Edward Island | $88,800.00 | $27,055.14 | $61,744.86 | 25.11% | 30.47% |
| Nova Scotia | $88,800.00 | $27,796.99 | $61,003.01 | 25.95% | 31.3% |
| Quebec | $88,800.00 | $27,869.83 | $60,930.17 | 25.46% | 31.38% |
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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