2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$20,000.04
Salary
$20,000.04
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,628.39
Federal Tax
$251.62
Provincial Tax
$63.02
CPP Contributions
$981.75
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$332.00
Net Pay
$18,371.65
Marginal Tax Rate
29.3%
Average Tax Rate
1.57%
Comprehensive Deduction Rate
8.14%
Monthly Salary
Total Income
$1,666.67
Salary
$1,666.67
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$135.70
Federal Tax
$20.97
Provincial Tax
$5.25
CPP Contributions
$81.81
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$27.67
Net Pay
$1,530.97
Marginal Tax Rate
29.3%
Average Tax Rate
1.57%
Comprehensive Deduction Rate
8.14%
Biweekly Salary
Total Income
$769.23
Salary
$769.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$62.63
Federal Tax
$9.68
Provincial Tax
$2.42
CPP Contributions
$37.76
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$12.77
Net Pay
$706.60
Marginal Tax Rate
29.3%
Average Tax Rate
1.57%
Comprehensive Deduction Rate
8.14%
Weekly Salary
Total Income
$384.62
Salary
$384.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$31.32
Federal Tax
$4.84
Provincial Tax
$1.21
CPP Contributions
$18.88
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$6.38
Net Pay
$353.30
Marginal Tax Rate
29.3%
Average Tax Rate
1.57%
Comprehensive Deduction Rate
8.14%
Daily Salary
Total Income
$76.92
Salary
$76.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$6.26
Federal Tax
$0.97
Provincial Tax
$0.24
CPP Contributions
$3.78
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.28
Net Pay
$70.66
Marginal Tax Rate
29.3%
Average Tax Rate
1.57%
Comprehensive Deduction Rate
8.14%
Hourly Salary
Total Income
$10.26
Salary
$10.26
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$0.84
Federal Tax
$0.13
Provincial Tax
$0.03
CPP Contributions
$0.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.17
Net Pay
$9.42
Marginal Tax Rate
29.3%
Average Tax Rate
1.57%
Comprehensive Deduction Rate
8.14%
Federal and Provincial/Territorial Tax Brackets
Your taxable income in the following tax brackets.
Federal Tax Bracket | Federal Tax Rates |
---|---|
$55,867.00 or less | 15% |
$55,867.00 - $111,732.99 | 20.5% |
$111,733.00 - $173,204.99 | 26% |
$173,205.00 - $246,751.99 | 29% |
More than $246,752.00 | 33% |
Ontario Tax Bracket | Ontario Tax Rates |
---|---|
$51,446.00 or less | 5.05% |
$51,446.00 - $102,893.99 | 9.15% |
$102,894.00 - $149,999.99 | 11.16% |
$150,000.00 - $219,999.99 | 12.16% |
More than $220,000.00 | 13.16% |
Income taxes on annual salaries
Annual Income Tax by Province/Territory
Total Income
$20,000.04
Total Deductions
$1,565.37
Net Pay
$18,434.67
Average Tax Rate
1.26%
Comprehensive Deduction Rate
7.83%
Total Income
$20,000.04
Total Deductions
$1,565.37
Net Pay
$18,434.67
Average Tax Rate
1.26%
Comprehensive Deduction Rate
7.83%
Total Income
$20,000.04
Total Deductions
$1,565.37
Net Pay
$18,434.67
Average Tax Rate
1.26%
Comprehensive Deduction Rate
7.83%
Total Income
$20,000.04
Total Deductions
$1,585.87
Net Pay
$18,414.17
Average Tax Rate
1.36%
Comprehensive Deduction Rate
7.93%
Total Income
$20,000.04
Total Deductions
$1,607.74
Net Pay
$18,392.30
Average Tax Rate
0.94%
Comprehensive Deduction Rate
8.04%
Total Income
$20,000.04
Total Deductions
$1,628.39
Net Pay
$18,371.65
Average Tax Rate
1.57%
Comprehensive Deduction Rate
8.14%
Total Income
$20,000.04
Total Deductions
$1,642.85
Net Pay
$18,357.19
Average Tax Rate
1.65%
Comprehensive Deduction Rate
8.21%
Total Income
$20,000.04
Total Deductions
$1,664.46
Net Pay
$18,335.58
Average Tax Rate
1.75%
Comprehensive Deduction Rate
8.32%
Total Income
$20,000.04
Total Deductions
$1,879.24
Net Pay
$18,120.80
Average Tax Rate
2.83%
Comprehensive Deduction Rate
9.4%
Total Income
$20,000.04
Total Deductions
$2,043.62
Net Pay
$17,956.42
Average Tax Rate
3.65%
Comprehensive Deduction Rate
10.22%
Total Income
$20,000.04
Total Deductions
$2,095.74
Net Pay
$17,904.30
Average Tax Rate
3.91%
Comprehensive Deduction Rate
10.48%
Total Income
$20,000.04
Total Deductions
$2,198.71
Net Pay
$17,801.33
Average Tax Rate
4.42%
Comprehensive Deduction Rate
10.99%
Total Income
$20,000.04
Total Deductions
$2,249.90
Net Pay
$17,750.14
Average Tax Rate
4.68%
Comprehensive Deduction Rate
11.25%
Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
---|---|---|---|---|---|
Alberta | $20,000.04 | $1,565.37 | $18,434.67 | 1.26% | 7.83% |
British Columbia | $20,000.04 | $1,565.37 | $18,434.67 | 1.26% | 7.83% |
Nunavut | $20,000.04 | $1,565.37 | $18,434.67 | 1.26% | 7.83% |
Saskatchewan | $20,000.04 | $1,585.87 | $18,414.17 | 1.36% | 7.93% |
Quebec | $20,000.04 | $1,607.74 | $18,392.30 | 0.94% | 8.04% |
Ontario | $20,000.04 | $1,628.39 | $18,371.65 | 1.57% | 8.14% |
Northwest Territories | $20,000.04 | $1,642.85 | $18,357.19 | 1.65% | 8.21% |
Yukon | $20,000.04 | $1,664.46 | $18,335.58 | 1.75% | 8.32% |
Manitoba | $20,000.04 | $1,879.24 | $18,120.80 | 2.83% | 9.4% |
Prince Edward Island | $20,000.04 | $2,043.62 | $17,956.42 | 3.65% | 10.22% |
New Brunswick | $20,000.04 | $2,095.74 | $17,904.30 | 3.91% | 10.48% |
Nova Scotia | $20,000.04 | $2,198.71 | $17,801.33 | 4.42% | 10.99% |
Newfoundland and Labrador | $20,000.04 | $2,249.90 | $17,750.14 | 4.68% | 11.25% |
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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