2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$27,000.00
Salary
$27,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$4,020.48
Federal Tax
$1,229.93
Provincial Tax
$944.10
CPP Contributions
$1,398.25
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$448.20
Net Pay
$22,979.52
Marginal Tax Rate
18.65%
Average Tax Rate
8.05%
Comprehensive Deduction Rate
14.89%
Monthly Salary
Total Income
$2,250.00
Salary
$2,250.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$335.04
Federal Tax
$102.49
Provincial Tax
$78.68
CPP Contributions
$116.52
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$37.35
Net Pay
$1,914.96
Marginal Tax Rate
18.65%
Average Tax Rate
8.05%
Comprehensive Deduction Rate
14.89%
Biweekly Salary
Total Income
$1,038.46
Salary
$1,038.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$154.63
Federal Tax
$47.31
Provincial Tax
$36.31
CPP Contributions
$53.78
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$17.24
Net Pay
$883.83
Marginal Tax Rate
18.65%
Average Tax Rate
8.05%
Comprehensive Deduction Rate
14.89%
Weekly Salary
Total Income
$519.23
Salary
$519.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$77.32
Federal Tax
$23.65
Provincial Tax
$18.16
CPP Contributions
$26.89
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$8.62
Net Pay
$441.91
Marginal Tax Rate
18.65%
Average Tax Rate
8.05%
Comprehensive Deduction Rate
14.89%
Daily Salary
Total Income
$103.85
Salary
$103.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$15.46
Federal Tax
$4.73
Provincial Tax
$3.63
CPP Contributions
$5.38
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1.72
Net Pay
$88.38
Marginal Tax Rate
18.65%
Average Tax Rate
8.05%
Comprehensive Deduction Rate
14.89%
Hourly Salary
Total Income
$13.85
Salary
$13.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2.06
Federal Tax
$0.63
Provincial Tax
$0.48
CPP Contributions
$0.72
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.23
Net Pay
$11.78
Marginal Tax Rate
18.65%
Average Tax Rate
8.05%
Comprehensive Deduction Rate
14.89%
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% |
Annual Income Tax by Province/Territory
Total Income
$27,000.00
Total Deductions
$3,260.37
Net Pay
$23,739.63
Average Tax Rate
5.24%
Comprehensive Deduction Rate
12.08%
Total Income
$27,000.00
Total Deductions
$3,331.84
Net Pay
$23,668.16
Average Tax Rate
5.5%
Comprehensive Deduction Rate
12.34%
Total Income
$27,000.00
Total Deductions
$3,403.23
Net Pay
$23,596.77
Average Tax Rate
5.77%
Comprehensive Deduction Rate
12.6%
Total Income
$27,000.00
Total Deductions
$3,535.43
Net Pay
$23,464.57
Average Tax Rate
6.26%
Comprehensive Deduction Rate
13.09%
Total Income
$27,000.00
Total Deductions
$3,589.38
Net Pay
$23,410.62
Average Tax Rate
6.46%
Comprehensive Deduction Rate
13.29%
Total Income
$27,000.00
Total Deductions
$3,775.94
Net Pay
$23,224.06
Average Tax Rate
7.15%
Comprehensive Deduction Rate
13.98%
Total Income
$27,000.00
Total Deductions
$3,889.39
Net Pay
$23,110.61
Average Tax Rate
7.02%
Comprehensive Deduction Rate
14.41%
Total Income
$27,000.00
Total Deductions
$4,020.48
Net Pay
$22,979.52
Average Tax Rate
8.05%
Comprehensive Deduction Rate
14.89%
Total Income
$27,000.00
Total Deductions
$4,088.72
Net Pay
$22,911.28
Average Tax Rate
8.3%
Comprehensive Deduction Rate
15.14%
Total Income
$27,000.00
Total Deductions
$4,177.93
Net Pay
$22,822.07
Average Tax Rate
8.64%
Comprehensive Deduction Rate
15.47%
Total Income
$27,000.00
Total Deductions
$4,214.67
Net Pay
$22,785.33
Average Tax Rate
8.77%
Comprehensive Deduction Rate
15.61%
Total Income
$27,000.00
Total Deductions
$4,288.75
Net Pay
$22,711.25
Average Tax Rate
9.05%
Comprehensive Deduction Rate
15.88%
Total Income
$27,000.00
Total Deductions
$4,323.57
Net Pay
$22,676.43
Average Tax Rate
9.17%
Comprehensive Deduction Rate
16.01%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| British Columbia | $27,000.00 | $3,260.37 | $23,739.63 | 5.24% | 12.08% |
| Nunavut | $27,000.00 | $3,331.84 | $23,668.16 | 5.5% | 12.34% |
| Alberta | $27,000.00 | $3,403.23 | $23,596.77 | 5.77% | 12.6% |
| Northwest Territories | $27,000.00 | $3,535.43 | $23,464.57 | 6.26% | 13.09% |
| Yukon | $27,000.00 | $3,589.38 | $23,410.62 | 6.46% | 13.29% |
| Saskatchewan | $27,000.00 | $3,775.94 | $23,224.06 | 7.15% | 13.98% |
| Quebec | $27,000.00 | $3,889.39 | $23,110.61 | 7.02% | 14.41% |
| Ontario | $27,000.00 | $4,020.48 | $22,979.52 | 8.05% | 14.89% |
| Manitoba | $27,000.00 | $4,088.72 | $22,911.28 | 8.3% | 15.14% |
| Prince Edward Island | $27,000.00 | $4,177.93 | $22,822.07 | 8.64% | 15.47% |
| New Brunswick | $27,000.00 | $4,214.67 | $22,785.33 | 8.77% | 15.61% |
| Nova Scotia | $27,000.00 | $4,288.75 | $22,711.25 | 9.05% | 15.88% |
| Newfoundland and Labrador | $27,000.00 | $4,323.57 | $22,676.43 | 9.17% | 16.01% |
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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