2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$38,400.00
Salary
$38,400.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$7,157.17
Federal Tax
$2,823.19
Provincial Tax
$1,619.99
CPP Contributions
$2,076.55
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$637.44
Net Pay
$31,242.83
Marginal Tax Rate
24.64%
Average Tax Rate
11.57%
Comprehensive Deduction Rate
18.64%
Monthly Salary
Total Income
$3,200.00
Salary
$3,200.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$596.43
Federal Tax
$235.27
Provincial Tax
$135.00
CPP Contributions
$173.05
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$53.12
Net Pay
$2,603.57
Marginal Tax Rate
24.64%
Average Tax Rate
11.57%
Comprehensive Deduction Rate
18.64%
Biweekly Salary
Total Income
$1,476.92
Salary
$1,476.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$275.28
Federal Tax
$108.58
Provincial Tax
$62.31
CPP Contributions
$79.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$24.52
Net Pay
$1,201.65
Marginal Tax Rate
24.64%
Average Tax Rate
11.57%
Comprehensive Deduction Rate
18.64%
Weekly Salary
Total Income
$738.46
Salary
$738.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$137.64
Federal Tax
$54.29
Provincial Tax
$31.15
CPP Contributions
$39.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$12.26
Net Pay
$600.82
Marginal Tax Rate
24.64%
Average Tax Rate
11.57%
Comprehensive Deduction Rate
18.64%
Daily Salary
Total Income
$147.69
Salary
$147.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$27.53
Federal Tax
$10.86
Provincial Tax
$6.23
CPP Contributions
$7.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.45
Net Pay
$120.16
Marginal Tax Rate
24.64%
Average Tax Rate
11.57%
Comprehensive Deduction Rate
18.64%
Hourly Salary
Total Income
$19.69
Salary
$19.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3.67
Federal Tax
$1.45
Provincial Tax
$0.83
CPP Contributions
$1.06
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.33
Net Pay
$16.02
Marginal Tax Rate
24.64%
Average Tax Rate
11.57%
Comprehensive Deduction Rate
18.64%
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
$38,400.00
Total Deductions
$6,213.94
Net Pay
$32,186.06
Average Tax Rate
9.11%
Comprehensive Deduction Rate
16.18%
Total Income
$38,400.00
Total Deductions
$6,617.64
Net Pay
$31,782.36
Average Tax Rate
10.17%
Comprehensive Deduction Rate
17.23%
Total Income
$38,400.00
Total Deductions
$6,659.95
Net Pay
$31,740.05
Average Tax Rate
10.28%
Comprehensive Deduction Rate
17.34%
Total Income
$38,400.00
Total Deductions
$6,724.25
Net Pay
$31,675.75
Average Tax Rate
10.44%
Comprehensive Deduction Rate
17.51%
Total Income
$38,400.00
Total Deductions
$6,917.28
Net Pay
$31,482.72
Average Tax Rate
10.95%
Comprehensive Deduction Rate
18.01%
Total Income
$38,400.00
Total Deductions
$7,157.17
Net Pay
$31,242.83
Average Tax Rate
11.57%
Comprehensive Deduction Rate
18.64%
Total Income
$38,400.00
Total Deductions
$7,342.65
Net Pay
$31,057.35
Average Tax Rate
12.05%
Comprehensive Deduction Rate
19.12%
Total Income
$38,400.00
Total Deductions
$7,665.52
Net Pay
$30,734.48
Average Tax Rate
12.89%
Comprehensive Deduction Rate
19.96%
Total Income
$38,400.00
Total Deductions
$7,687.03
Net Pay
$30,712.97
Average Tax Rate
12.95%
Comprehensive Deduction Rate
20.02%
Total Income
$38,400.00
Total Deductions
$7,700.69
Net Pay
$30,699.31
Average Tax Rate
12.99%
Comprehensive Deduction Rate
20.05%
Total Income
$38,400.00
Total Deductions
$7,737.64
Net Pay
$30,662.36
Average Tax Rate
12.52%
Comprehensive Deduction Rate
20.15%
Total Income
$38,400.00
Total Deductions
$7,882.13
Net Pay
$30,517.87
Average Tax Rate
13.46%
Comprehensive Deduction Rate
20.53%
Total Income
$38,400.00
Total Deductions
$8,277.91
Net Pay
$30,122.09
Average Tax Rate
14.49%
Comprehensive Deduction Rate
21.56%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $38,400.00 | $6,213.94 | $32,186.06 | 9.11% | 16.18% |
| Northwest Territories | $38,400.00 | $6,617.64 | $31,782.36 | 10.17% | 17.23% |
| British Columbia | $38,400.00 | $6,659.95 | $31,740.05 | 10.28% | 17.34% |
| Yukon | $38,400.00 | $6,724.25 | $31,675.75 | 10.44% | 17.51% |
| Alberta | $38,400.00 | $6,917.28 | $31,482.72 | 10.95% | 18.01% |
| Ontario | $38,400.00 | $7,157.17 | $31,242.83 | 11.57% | 18.64% |
| Saskatchewan | $38,400.00 | $7,342.65 | $31,057.35 | 12.05% | 19.12% |
| New Brunswick | $38,400.00 | $7,665.52 | $30,734.48 | 12.89% | 19.96% |
| Manitoba | $38,400.00 | $7,687.03 | $30,712.97 | 12.95% | 20.02% |
| Newfoundland and Labrador | $38,400.00 | $7,700.69 | $30,699.31 | 12.99% | 20.05% |
| Quebec | $38,400.00 | $7,737.64 | $30,662.36 | 12.52% | 20.15% |
| Prince Edward Island | $38,400.00 | $7,882.13 | $30,517.87 | 13.46% | 20.53% |
| Nova Scotia | $38,400.00 | $8,277.91 | $30,122.09 | 14.49% | 21.56% |
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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