2023 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$104,400.00
Salary
$104,400.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$28,061.43
Federal Tax
$15,412.99
Provincial Tax
$7,891.54
CPP Contributions
$3,754.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,002.45
Net Pay
$76,338.57
Marginal Tax Rate
37.91%
Average Tax Rate
22.32%
Comprehensive Deduction Rate
26.88%
Monthly Salary
Total Income
$8,700.00
Salary
$8,700.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,338.45
Federal Tax
$1,284.42
Provincial Tax
$657.63
CPP Contributions
$312.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$83.54
Net Pay
$6,361.55
Marginal Tax Rate
37.91%
Average Tax Rate
22.32%
Comprehensive Deduction Rate
26.88%
Biweekly Salary
Total Income
$4,015.38
Salary
$4,015.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,079.29
Federal Tax
$592.81
Provincial Tax
$303.52
CPP Contributions
$144.40
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$38.56
Net Pay
$2,936.10
Marginal Tax Rate
37.91%
Average Tax Rate
22.32%
Comprehensive Deduction Rate
26.88%
Weekly Salary
Total Income
$2,007.69
Salary
$2,007.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$539.64
Federal Tax
$296.40
Provincial Tax
$151.76
CPP Contributions
$72.20
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.28
Net Pay
$1,468.05
Marginal Tax Rate
37.91%
Average Tax Rate
22.32%
Comprehensive Deduction Rate
26.88%
Daily Salary
Total Income
$401.54
Salary
$401.54
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$107.93
Federal Tax
$59.28
Provincial Tax
$30.35
CPP Contributions
$14.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.86
Net Pay
$293.61
Marginal Tax Rate
37.91%
Average Tax Rate
22.32%
Comprehensive Deduction Rate
26.88%
Hourly Salary
Total Income
$53.54
Salary
$53.54
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$14.39
Federal Tax
$7.90
Provincial Tax
$4.05
CPP Contributions
$1.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.51
Net Pay
$39.15
Marginal Tax Rate
37.91%
Average Tax Rate
22.32%
Comprehensive Deduction Rate
26.88%
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
$104,400.00
Total Deductions
$25,109.79
Net Pay
$79,290.21
Average Tax Rate
19.5%
Comprehensive Deduction Rate
24.05%
Total Income
$104,400.00
Total Deductions
$26,538.35
Net Pay
$77,861.65
Average Tax Rate
20.86%
Comprehensive Deduction Rate
25.42%
Total Income
$104,400.00
Total Deductions
$26,846.38
Net Pay
$77,553.62
Average Tax Rate
21.16%
Comprehensive Deduction Rate
25.71%
Total Income
$104,400.00
Total Deductions
$26,881.00
Net Pay
$77,519.00
Average Tax Rate
21.19%
Comprehensive Deduction Rate
25.75%
Total Income
$104,400.00
Total Deductions
$28,061.43
Net Pay
$76,338.57
Average Tax Rate
22.32%
Comprehensive Deduction Rate
26.88%
Total Income
$104,400.00
Total Deductions
$28,064.34
Net Pay
$76,335.66
Average Tax Rate
22.33%
Comprehensive Deduction Rate
26.88%
Total Income
$104,400.00
Total Deductions
$29,903.96
Net Pay
$74,496.04
Average Tax Rate
24.09%
Comprehensive Deduction Rate
28.64%
Total Income
$104,400.00
Total Deductions
$31,180.30
Net Pay
$73,219.70
Average Tax Rate
25.31%
Comprehensive Deduction Rate
29.87%
Total Income
$104,400.00
Total Deductions
$31,813.62
Net Pay
$72,586.38
Average Tax Rate
25.92%
Comprehensive Deduction Rate
30.47%
Total Income
$104,400.00
Total Deductions
$31,892.49
Net Pay
$72,507.51
Average Tax Rate
25.99%
Comprehensive Deduction Rate
30.55%
Total Income
$104,400.00
Total Deductions
$32,877.19
Net Pay
$71,522.81
Average Tax Rate
26.94%
Comprehensive Deduction Rate
31.49%
Total Income
$104,400.00
Total Deductions
$33,690.03
Net Pay
$70,709.97
Average Tax Rate
27.71%
Comprehensive Deduction Rate
32.27%
Total Income
$104,400.00
Total Deductions
$33,855.63
Net Pay
$70,544.37
Average Tax Rate
27.38%
Comprehensive Deduction Rate
32.43%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $104,400.00 | $25,109.79 | $79,290.21 | 19.5% | 24.05% |
| British Columbia | $104,400.00 | $26,538.35 | $77,861.65 | 20.86% | 25.42% |
| Yukon | $104,400.00 | $26,846.38 | $77,553.62 | 21.16% | 25.71% |
| Northwest Territories | $104,400.00 | $26,881.00 | $77,519.00 | 21.19% | 25.75% |
| Ontario | $104,400.00 | $28,061.43 | $76,338.57 | 22.32% | 26.88% |
| Alberta | $104,400.00 | $28,064.34 | $76,335.66 | 22.33% | 26.88% |
| Saskatchewan | $104,400.00 | $29,903.96 | $74,496.04 | 24.09% | 28.64% |
| New Brunswick | $104,400.00 | $31,180.30 | $73,219.70 | 25.31% | 29.87% |
| Manitoba | $104,400.00 | $31,813.62 | $72,586.38 | 25.92% | 30.47% |
| Newfoundland and Labrador | $104,400.00 | $31,892.49 | $72,507.51 | 25.99% | 30.55% |
| Prince Edward Island | $104,400.00 | $32,877.19 | $71,522.81 | 26.94% | 31.49% |
| Nova Scotia | $104,400.00 | $33,690.03 | $70,709.97 | 27.71% | 32.27% |
| Quebec | $104,400.00 | $33,855.63 | $70,544.37 | 27.38% | 32.43% |
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 $8,700+/month
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Markham, ON
$90,000 - $210,000 / year
Permanent
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