2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$38,000.00
Salary
$38,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$7,028.16
Federal Tax
$2,767.28
Provincial Tax
$1,577.33
CPP Contributions
$2,052.75
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$630.80
Net Pay
$30,971.84
Marginal Tax Rate
24.65%
Average Tax Rate
11.43%
Comprehensive Deduction Rate
18.5%
Monthly Salary
Total Income
$3,166.67
Salary
$3,166.67
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$585.68
Federal Tax
$230.61
Provincial Tax
$131.44
CPP Contributions
$171.06
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$52.57
Net Pay
$2,580.99
Marginal Tax Rate
24.65%
Average Tax Rate
11.43%
Comprehensive Deduction Rate
18.5%
Biweekly Salary
Total Income
$1,461.54
Salary
$1,461.54
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$270.31
Federal Tax
$106.43
Provincial Tax
$60.67
CPP Contributions
$78.95
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$24.26
Net Pay
$1,191.22
Marginal Tax Rate
24.65%
Average Tax Rate
11.43%
Comprehensive Deduction Rate
18.5%
Weekly Salary
Total Income
$730.77
Salary
$730.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$135.16
Federal Tax
$53.22
Provincial Tax
$30.33
CPP Contributions
$39.48
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$12.13
Net Pay
$595.61
Marginal Tax Rate
24.65%
Average Tax Rate
11.43%
Comprehensive Deduction Rate
18.5%
Daily Salary
Total Income
$146.15
Salary
$146.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$27.03
Federal Tax
$10.64
Provincial Tax
$6.07
CPP Contributions
$7.90
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.43
Net Pay
$119.12
Marginal Tax Rate
24.65%
Average Tax Rate
11.43%
Comprehensive Deduction Rate
18.5%
Hourly Salary
Total Income
$19.49
Salary
$19.49
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3.60
Federal Tax
$1.42
Provincial Tax
$0.81
CPP Contributions
$1.05
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.32
Net Pay
$15.88
Marginal Tax Rate
24.65%
Average Tax Rate
11.43%
Comprehensive Deduction Rate
18.5%
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% |
Annual Income Tax by Province/Territory
Total Income
$38,000.00
Total Deductions
$6,112.81
Net Pay
$31,887.19
Average Tax Rate
9.02%
Comprehensive Deduction Rate
16.09%
Total Income
$38,000.00
Total Deductions
$6,509.49
Net Pay
$31,490.51
Average Tax Rate
10.07%
Comprehensive Deduction Rate
17.13%
Total Income
$38,000.00
Total Deductions
$6,540.66
Net Pay
$31,459.34
Average Tax Rate
10.15%
Comprehensive Deduction Rate
17.21%
Total Income
$38,000.00
Total Deductions
$6,614.25
Net Pay
$31,385.75
Average Tax Rate
10.34%
Comprehensive Deduction Rate
17.41%
Total Income
$38,000.00
Total Deductions
$6,793.97
Net Pay
$31,206.03
Average Tax Rate
10.82%
Comprehensive Deduction Rate
17.88%
Total Income
$38,000.00
Total Deductions
$7,028.16
Net Pay
$30,971.84
Average Tax Rate
11.43%
Comprehensive Deduction Rate
18.5%
Total Income
$38,000.00
Total Deductions
$7,217.50
Net Pay
$30,782.50
Average Tax Rate
11.93%
Comprehensive Deduction Rate
18.99%
Total Income
$38,000.00
Total Deductions
$7,544.44
Net Pay
$30,455.56
Average Tax Rate
12.79%
Comprehensive Deduction Rate
19.85%
Total Income
$38,000.00
Total Deductions
$7,560.77
Net Pay
$30,439.23
Average Tax Rate
12.83%
Comprehensive Deduction Rate
19.9%
Total Income
$38,000.00
Total Deductions
$7,582.19
Net Pay
$30,417.81
Average Tax Rate
12.89%
Comprehensive Deduction Rate
19.95%
Total Income
$38,000.00
Total Deductions
$7,602.61
Net Pay
$30,397.39
Average Tax Rate
12.38%
Comprehensive Deduction Rate
20.01%
Total Income
$38,000.00
Total Deductions
$7,744.24
Net Pay
$30,255.76
Average Tax Rate
13.32%
Comprehensive Deduction Rate
20.38%
Total Income
$38,000.00
Total Deductions
$8,132.33
Net Pay
$29,867.67
Average Tax Rate
14.34%
Comprehensive Deduction Rate
21.4%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $38,000.00 | $6,112.81 | $31,887.19 | 9.02% | 16.09% |
| Northwest Territories | $38,000.00 | $6,509.49 | $31,490.51 | 10.07% | 17.13% |
| British Columbia | $38,000.00 | $6,540.66 | $31,459.34 | 10.15% | 17.21% |
| Yukon | $38,000.00 | $6,614.25 | $31,385.75 | 10.34% | 17.41% |
| Alberta | $38,000.00 | $6,793.97 | $31,206.03 | 10.82% | 17.88% |
| Ontario | $38,000.00 | $7,028.16 | $30,971.84 | 11.43% | 18.5% |
| Saskatchewan | $38,000.00 | $7,217.50 | $30,782.50 | 11.93% | 18.99% |
| New Brunswick | $38,000.00 | $7,544.44 | $30,455.56 | 12.79% | 19.85% |
| Manitoba | $38,000.00 | $7,560.77 | $30,439.23 | 12.83% | 19.9% |
| Newfoundland and Labrador | $38,000.00 | $7,582.19 | $30,417.81 | 12.89% | 19.95% |
| Quebec | $38,000.00 | $7,602.61 | $30,397.39 | 12.38% | 20.01% |
| Prince Edward Island | $38,000.00 | $7,744.24 | $30,255.76 | 13.32% | 20.38% |
| Nova Scotia | $38,000.00 | $8,132.33 | $29,867.67 | 14.34% | 21.4% |
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.
Jobs paying $38,000+/year
Paladin Security
-
120 Jobs
Toronto, ON
$19.89 / hour
Full-time
3 days ago
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