2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$79,950.00
Salary
$79,950.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$20,357.29
Federal Tax
$10,147.24
Provincial Tax
$5,105.43
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$59,592.71
Marginal Tax Rate
29.65%
Average Tax Rate
19.08%
Comprehensive Deduction Rate
25.46%
Monthly Salary
Total Income
$6,662.50
Salary
$6,662.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,696.44
Federal Tax
$845.60
Provincial Tax
$425.45
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$4,966.06
Marginal Tax Rate
29.65%
Average Tax Rate
19.08%
Comprehensive Deduction Rate
25.46%
Biweekly Salary
Total Income
$3,075.00
Salary
$3,075.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$782.97
Federal Tax
$390.28
Provincial Tax
$196.36
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$2,292.03
Marginal Tax Rate
29.65%
Average Tax Rate
19.08%
Comprehensive Deduction Rate
25.46%
Weekly Salary
Total Income
$1,537.50
Salary
$1,537.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$391.49
Federal Tax
$195.14
Provincial Tax
$98.18
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,146.01
Marginal Tax Rate
29.65%
Average Tax Rate
19.08%
Comprehensive Deduction Rate
25.46%
Daily Salary
Total Income
$307.50
Salary
$307.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$78.30
Federal Tax
$39.03
Provincial Tax
$19.64
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$229.20
Marginal Tax Rate
29.65%
Average Tax Rate
19.08%
Comprehensive Deduction Rate
25.46%
Hourly Salary
Total Income
$41.00
Salary
$41.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$10.44
Federal Tax
$5.20
Provincial Tax
$2.62
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$30.56
Marginal Tax Rate
29.65%
Average Tax Rate
19.08%
Comprehensive Deduction Rate
25.46%
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
$79,950.00
Total Deductions
$18,321.58
Net Pay
$61,628.42
Average Tax Rate
16.53%
Comprehensive Deduction Rate
22.92%
Total Income
$79,950.00
Total Deductions
$19,280.16
Net Pay
$60,669.84
Average Tax Rate
17.73%
Comprehensive Deduction Rate
24.12%
Total Income
$79,950.00
Total Deductions
$19,473.85
Net Pay
$60,476.15
Average Tax Rate
17.97%
Comprehensive Deduction Rate
24.36%
Total Income
$79,950.00
Total Deductions
$19,612.57
Net Pay
$60,337.43
Average Tax Rate
18.15%
Comprehensive Deduction Rate
24.53%
Total Income
$79,950.00
Total Deductions
$20,357.29
Net Pay
$59,592.71
Average Tax Rate
19.08%
Comprehensive Deduction Rate
25.46%
Total Income
$79,950.00
Total Deductions
$20,613.11
Net Pay
$59,336.89
Average Tax Rate
19.4%
Comprehensive Deduction Rate
25.78%
Total Income
$79,950.00
Total Deductions
$21,795.53
Net Pay
$58,154.47
Average Tax Rate
20.88%
Comprehensive Deduction Rate
27.26%
Total Income
$79,950.00
Total Deductions
$22,343.38
Net Pay
$57,606.62
Average Tax Rate
21.56%
Comprehensive Deduction Rate
27.95%
Total Income
$79,950.00
Total Deductions
$22,502.18
Net Pay
$57,447.82
Average Tax Rate
21.76%
Comprehensive Deduction Rate
28.15%
Total Income
$79,950.00
Total Deductions
$23,011.07
Net Pay
$56,938.93
Average Tax Rate
22.4%
Comprehensive Deduction Rate
28.78%
Total Income
$79,950.00
Total Deductions
$23,562.19
Net Pay
$56,387.81
Average Tax Rate
23.09%
Comprehensive Deduction Rate
29.47%
Total Income
$79,950.00
Total Deductions
$23,653.22
Net Pay
$56,296.78
Average Tax Rate
22.61%
Comprehensive Deduction Rate
29.59%
Total Income
$79,950.00
Total Deductions
$24,601.67
Net Pay
$55,348.33
Average Tax Rate
24.39%
Comprehensive Deduction Rate
30.77%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $79,950.00 | $18,321.58 | $61,628.42 | 16.53% | 22.92% |
| British Columbia | $79,950.00 | $19,280.16 | $60,669.84 | 17.73% | 24.12% |
| Northwest Territories | $79,950.00 | $19,473.85 | $60,476.15 | 17.97% | 24.36% |
| Yukon | $79,950.00 | $19,612.57 | $60,337.43 | 18.15% | 24.53% |
| Ontario | $79,950.00 | $20,357.29 | $59,592.71 | 19.08% | 25.46% |
| Alberta | $79,950.00 | $20,613.11 | $59,336.89 | 19.4% | 25.78% |
| Saskatchewan | $79,950.00 | $21,795.53 | $58,154.47 | 20.88% | 27.26% |
| Manitoba | $79,950.00 | $22,343.38 | $57,606.62 | 21.56% | 27.95% |
| New Brunswick | $79,950.00 | $22,502.18 | $57,447.82 | 21.76% | 28.15% |
| Newfoundland and Labrador | $79,950.00 | $23,011.07 | $56,938.93 | 22.4% | 28.78% |
| Prince Edward Island | $79,950.00 | $23,562.19 | $56,387.81 | 23.09% | 29.47% |
| Quebec | $79,950.00 | $23,653.22 | $56,296.78 | 22.61% | 29.59% |
| Nova Scotia | $79,950.00 | $24,601.67 | $55,348.33 | 24.39% | 30.77% |
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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