2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$34,000.00
Salary
$34,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$5,858.09
Federal Tax
$2,208.24
Provincial Tax
$1,270.70
CPP Contributions
$1,814.75
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$564.40
Net Pay
$28,141.91
Marginal Tax Rate
18.65%
Average Tax Rate
10.23%
Comprehensive Deduction Rate
17.23%
Monthly Salary
Total Income
$2,833.33
Salary
$2,833.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$488.17
Federal Tax
$184.02
Provincial Tax
$105.89
CPP Contributions
$151.23
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$47.03
Net Pay
$2,345.16
Marginal Tax Rate
18.65%
Average Tax Rate
10.23%
Comprehensive Deduction Rate
17.23%
Biweekly Salary
Total Income
$1,307.69
Salary
$1,307.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$225.31
Federal Tax
$84.93
Provincial Tax
$48.87
CPP Contributions
$69.80
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$21.71
Net Pay
$1,082.38
Marginal Tax Rate
18.65%
Average Tax Rate
10.23%
Comprehensive Deduction Rate
17.23%
Weekly Salary
Total Income
$653.85
Salary
$653.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$112.66
Federal Tax
$42.47
Provincial Tax
$24.44
CPP Contributions
$34.90
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$10.85
Net Pay
$541.19
Marginal Tax Rate
18.65%
Average Tax Rate
10.23%
Comprehensive Deduction Rate
17.23%
Daily Salary
Total Income
$130.77
Salary
$130.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$22.53
Federal Tax
$8.49
Provincial Tax
$4.89
CPP Contributions
$6.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.17
Net Pay
$108.24
Marginal Tax Rate
18.65%
Average Tax Rate
10.23%
Comprehensive Deduction Rate
17.23%
Hourly Salary
Total Income
$17.44
Salary
$17.44
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3.00
Federal Tax
$1.13
Provincial Tax
$0.65
CPP Contributions
$0.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.29
Net Pay
$14.43
Marginal Tax Rate
18.65%
Average Tax Rate
10.23%
Comprehensive Deduction Rate
17.23%
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
$34,000.00
Total Deductions
$5,101.54
Net Pay
$28,898.46
Average Tax Rate
8.01%
Comprehensive Deduction Rate
15%
Total Income
$34,000.00
Total Deductions
$5,347.83
Net Pay
$28,652.17
Average Tax Rate
8.73%
Comprehensive Deduction Rate
15.73%
Total Income
$34,000.00
Total Deductions
$5,428.01
Net Pay
$28,571.99
Average Tax Rate
8.97%
Comprehensive Deduction Rate
15.96%
Total Income
$34,000.00
Total Deductions
$5,514.29
Net Pay
$28,485.71
Average Tax Rate
9.22%
Comprehensive Deduction Rate
16.22%
Total Income
$34,000.00
Total Deductions
$5,560.97
Net Pay
$28,439.03
Average Tax Rate
9.36%
Comprehensive Deduction Rate
16.36%
Total Income
$34,000.00
Total Deductions
$5,858.09
Net Pay
$28,141.91
Average Tax Rate
10.23%
Comprehensive Deduction Rate
17.23%
Total Income
$34,000.00
Total Deductions
$5,966.02
Net Pay
$28,033.98
Average Tax Rate
10.55%
Comprehensive Deduction Rate
17.55%
Total Income
$34,000.00
Total Deductions
$6,252.35
Net Pay
$27,747.65
Average Tax Rate
10.83%
Comprehensive Deduction Rate
18.39%
Total Income
$34,000.00
Total Deductions
$6,298.20
Net Pay
$27,701.80
Average Tax Rate
11.53%
Comprehensive Deduction Rate
18.52%
Total Income
$34,000.00
Total Deductions
$6,333.61
Net Pay
$27,666.39
Average Tax Rate
11.63%
Comprehensive Deduction Rate
18.63%
Total Income
$34,000.00
Total Deductions
$6,365.43
Net Pay
$27,634.57
Average Tax Rate
11.72%
Comprehensive Deduction Rate
18.72%
Total Income
$34,000.00
Total Deductions
$6,397.23
Net Pay
$27,602.77
Average Tax Rate
11.82%
Comprehensive Deduction Rate
18.82%
Total Income
$34,000.00
Total Deductions
$6,676.55
Net Pay
$27,323.45
Average Tax Rate
12.64%
Comprehensive Deduction Rate
19.64%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $34,000.00 | $5,101.54 | $28,898.46 | 8.01% | 15% |
| British Columbia | $34,000.00 | $5,347.83 | $28,652.17 | 8.73% | 15.73% |
| Northwest Territories | $34,000.00 | $5,428.01 | $28,571.99 | 8.97% | 15.96% |
| Yukon | $34,000.00 | $5,514.29 | $28,485.71 | 9.22% | 16.22% |
| Alberta | $34,000.00 | $5,560.97 | $28,439.03 | 9.36% | 16.36% |
| Ontario | $34,000.00 | $5,858.09 | $28,141.91 | 10.23% | 17.23% |
| Saskatchewan | $34,000.00 | $5,966.02 | $28,033.98 | 10.55% | 17.55% |
| Quebec | $34,000.00 | $6,252.35 | $27,747.65 | 10.83% | 18.39% |
| Manitoba | $34,000.00 | $6,298.20 | $27,701.80 | 11.53% | 18.52% |
| New Brunswick | $34,000.00 | $6,333.61 | $27,666.39 | 11.63% | 18.63% |
| Prince Edward Island | $34,000.00 | $6,365.43 | $27,634.57 | 11.72% | 18.72% |
| Newfoundland and Labrador | $34,000.00 | $6,397.23 | $27,602.77 | 11.82% | 18.82% |
| Nova Scotia | $34,000.00 | $6,676.55 | $27,323.45 | 12.64% | 19.64% |
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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