2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$31,440.00
Salary
$31,440.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$5,186.05
Federal Tax
$1,850.46
Provincial Tax
$1,151.26
CPP Contributions
$1,662.43
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$521.90
Net Pay
$26,253.95
Marginal Tax Rate
18.65%
Average Tax Rate
9.55%
Comprehensive Deduction Rate
16.5%
Monthly Salary
Total Income
$2,620.00
Salary
$2,620.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$432.17
Federal Tax
$154.21
Provincial Tax
$95.94
CPP Contributions
$138.54
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$43.49
Net Pay
$2,187.83
Marginal Tax Rate
18.65%
Average Tax Rate
9.55%
Comprehensive Deduction Rate
16.5%
Biweekly Salary
Total Income
$1,209.23
Salary
$1,209.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$199.46
Federal Tax
$71.17
Provincial Tax
$44.28
CPP Contributions
$63.94
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.07
Net Pay
$1,009.77
Marginal Tax Rate
18.65%
Average Tax Rate
9.55%
Comprehensive Deduction Rate
16.5%
Weekly Salary
Total Income
$604.62
Salary
$604.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$99.73
Federal Tax
$35.59
Provincial Tax
$22.14
CPP Contributions
$31.97
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$10.04
Net Pay
$504.88
Marginal Tax Rate
18.65%
Average Tax Rate
9.55%
Comprehensive Deduction Rate
16.5%
Daily Salary
Total Income
$120.92
Salary
$120.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$19.95
Federal Tax
$7.12
Provincial Tax
$4.43
CPP Contributions
$6.39
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.01
Net Pay
$100.98
Marginal Tax Rate
18.65%
Average Tax Rate
9.55%
Comprehensive Deduction Rate
16.5%
Hourly Salary
Total Income
$16.12
Salary
$16.12
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2.66
Federal Tax
$0.95
Provincial Tax
$0.59
CPP Contributions
$0.85
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.27
Net Pay
$13.46
Marginal Tax Rate
18.65%
Average Tax Rate
9.55%
Comprehensive Deduction Rate
16.5%
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
$31,440.00
Total Deductions
$4,454.34
Net Pay
$26,985.66
Average Tax Rate
7.22%
Comprehensive Deduction Rate
14.17%
Total Income
$31,440.00
Total Deductions
$4,584.40
Net Pay
$26,855.60
Average Tax Rate
7.63%
Comprehensive Deduction Rate
14.58%
Total Income
$31,440.00
Total Deductions
$4,735.86
Net Pay
$26,704.14
Average Tax Rate
8.12%
Comprehensive Deduction Rate
15.06%
Total Income
$31,440.00
Total Deductions
$4,771.86
Net Pay
$26,668.14
Average Tax Rate
8.23%
Comprehensive Deduction Rate
15.18%
Total Income
$31,440.00
Total Deductions
$4,810.32
Net Pay
$26,629.68
Average Tax Rate
8.35%
Comprehensive Deduction Rate
15.3%
Total Income
$31,440.00
Total Deductions
$5,165.08
Net Pay
$26,274.92
Average Tax Rate
9.48%
Comprehensive Deduction Rate
16.43%
Total Income
$31,440.00
Total Deductions
$5,186.05
Net Pay
$26,253.95
Average Tax Rate
9.55%
Comprehensive Deduction Rate
16.5%
Total Income
$31,440.00
Total Deductions
$5,388.18
Net Pay
$26,051.82
Average Tax Rate
9.64%
Comprehensive Deduction Rate
17.14%
Total Income
$31,440.00
Total Deductions
$5,490.16
Net Pay
$25,949.84
Average Tax Rate
10.51%
Comprehensive Deduction Rate
17.46%
Total Income
$31,440.00
Total Deductions
$5,531.69
Net Pay
$25,908.31
Average Tax Rate
10.65%
Comprehensive Deduction Rate
17.59%
Total Income
$31,440.00
Total Deductions
$5,558.68
Net Pay
$25,881.32
Average Tax Rate
10.73%
Comprehensive Deduction Rate
17.68%
Total Income
$31,440.00
Total Deductions
$5,638.86
Net Pay
$25,801.14
Average Tax Rate
10.99%
Comprehensive Deduction Rate
17.94%
Total Income
$31,440.00
Total Deductions
$5,744.85
Net Pay
$25,695.15
Average Tax Rate
11.32%
Comprehensive Deduction Rate
18.27%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $31,440.00 | $4,454.34 | $26,985.66 | 7.22% | 14.17% |
| British Columbia | $31,440.00 | $4,584.40 | $26,855.60 | 7.63% | 14.58% |
| Northwest Territories | $31,440.00 | $4,735.86 | $26,704.14 | 8.12% | 15.06% |
| Alberta | $31,440.00 | $4,771.86 | $26,668.14 | 8.23% | 15.18% |
| Yukon | $31,440.00 | $4,810.32 | $26,629.68 | 8.35% | 15.3% |
| Saskatchewan | $31,440.00 | $5,165.08 | $26,274.92 | 9.48% | 16.43% |
| Ontario | $31,440.00 | $5,186.05 | $26,253.95 | 9.55% | 16.5% |
| Quebec | $31,440.00 | $5,388.18 | $26,051.82 | 9.64% | 17.14% |
| Manitoba | $31,440.00 | $5,490.16 | $25,949.84 | 10.51% | 17.46% |
| Prince Edward Island | $31,440.00 | $5,531.69 | $25,908.31 | 10.65% | 17.59% |
| New Brunswick | $31,440.00 | $5,558.68 | $25,881.32 | 10.73% | 17.68% |
| Newfoundland and Labrador | $31,440.00 | $5,638.86 | $25,801.14 | 10.99% | 17.94% |
| Nova Scotia | $31,440.00 | $5,744.85 | $25,695.15 | 11.32% | 18.27% |
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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