2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$63,600.00
Salary
$63,600.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$14,879.96
Federal Tax
$6,795.49
Provincial Tax
$3,459.40
CPP Contributions
$3,575.95
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$48,720.04
Marginal Tax Rate
29.65%
Average Tax Rate
16.12%
Comprehensive Deduction Rate
23.4%
Monthly Salary
Total Income
$5,300.00
Salary
$5,300.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,240.00
Federal Tax
$566.29
Provincial Tax
$288.28
CPP Contributions
$298.00
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$4,060.00
Marginal Tax Rate
29.65%
Average Tax Rate
16.12%
Comprehensive Deduction Rate
23.4%
Biweekly Salary
Total Income
$2,446.15
Salary
$2,446.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$572.31
Federal Tax
$261.37
Provincial Tax
$133.05
CPP Contributions
$137.54
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$1,873.85
Marginal Tax Rate
29.65%
Average Tax Rate
16.12%
Comprehensive Deduction Rate
23.4%
Weekly Salary
Total Income
$1,223.08
Salary
$1,223.08
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$286.15
Federal Tax
$130.68
Provincial Tax
$66.53
CPP Contributions
$68.77
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$936.92
Marginal Tax Rate
29.65%
Average Tax Rate
16.12%
Comprehensive Deduction Rate
23.4%
Daily Salary
Total Income
$244.62
Salary
$244.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$57.23
Federal Tax
$26.14
Provincial Tax
$13.31
CPP Contributions
$13.75
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$187.38
Marginal Tax Rate
29.65%
Average Tax Rate
16.12%
Comprehensive Deduction Rate
23.4%
Hourly Salary
Total Income
$32.62
Salary
$32.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$7.63
Federal Tax
$3.48
Provincial Tax
$1.77
CPP Contributions
$1.83
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$24.98
Marginal Tax Rate
29.65%
Average Tax Rate
16.12%
Comprehensive Deduction Rate
23.4%
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
$63,600.00
Total Deductions
$13,345.78
Net Pay
$50,254.22
Average Tax Rate
13.71%
Comprehensive Deduction Rate
20.98%
Total Income
$63,600.00
Total Deductions
$14,189.91
Net Pay
$49,410.09
Average Tax Rate
15.04%
Comprehensive Deduction Rate
22.31%
Total Income
$63,600.00
Total Deductions
$14,236.45
Net Pay
$49,363.55
Average Tax Rate
15.11%
Comprehensive Deduction Rate
22.38%
Total Income
$63,600.00
Total Deductions
$14,309.77
Net Pay
$49,290.23
Average Tax Rate
15.23%
Comprehensive Deduction Rate
22.5%
Total Income
$63,600.00
Total Deductions
$14,879.96
Net Pay
$48,720.04
Average Tax Rate
16.12%
Comprehensive Deduction Rate
23.4%
Total Income
$63,600.00
Total Deductions
$15,146.81
Net Pay
$48,453.19
Average Tax Rate
16.54%
Comprehensive Deduction Rate
23.82%
Total Income
$63,600.00
Total Deductions
$15,920.48
Net Pay
$47,679.52
Average Tax Rate
17.76%
Comprehensive Deduction Rate
25.03%
Total Income
$63,600.00
Total Deductions
$16,381.88
Net Pay
$47,218.12
Average Tax Rate
18.49%
Comprehensive Deduction Rate
25.76%
Total Income
$63,600.00
Total Deductions
$16,427.45
Net Pay
$47,172.55
Average Tax Rate
18.56%
Comprehensive Deduction Rate
25.83%
Total Income
$63,600.00
Total Deductions
$16,809.02
Net Pay
$46,790.98
Average Tax Rate
19.16%
Comprehensive Deduction Rate
26.43%
Total Income
$63,600.00
Total Deductions
$17,029.89
Net Pay
$46,570.11
Average Tax Rate
19.5%
Comprehensive Deduction Rate
26.78%
Total Income
$63,600.00
Total Deductions
$17,175.75
Net Pay
$46,424.25
Average Tax Rate
19.15%
Comprehensive Deduction Rate
27.01%
Total Income
$63,600.00
Total Deductions
$17,984.70
Net Pay
$45,615.30
Average Tax Rate
21.01%
Comprehensive Deduction Rate
28.28%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $63,600.00 | $13,345.78 | $50,254.22 | 13.71% | 20.98% |
| British Columbia | $63,600.00 | $14,189.91 | $49,410.09 | 15.04% | 22.31% |
| Northwest Territories | $63,600.00 | $14,236.45 | $49,363.55 | 15.11% | 22.38% |
| Yukon | $63,600.00 | $14,309.77 | $49,290.23 | 15.23% | 22.5% |
| Ontario | $63,600.00 | $14,879.96 | $48,720.04 | 16.12% | 23.4% |
| Alberta | $63,600.00 | $15,146.81 | $48,453.19 | 16.54% | 23.82% |
| Saskatchewan | $63,600.00 | $15,920.48 | $47,679.52 | 17.76% | 25.03% |
| New Brunswick | $63,600.00 | $16,381.88 | $47,218.12 | 18.49% | 25.76% |
| Manitoba | $63,600.00 | $16,427.45 | $47,172.55 | 18.56% | 25.83% |
| Newfoundland and Labrador | $63,600.00 | $16,809.02 | $46,790.98 | 19.16% | 26.43% |
| Prince Edward Island | $63,600.00 | $17,029.89 | $46,570.11 | 19.5% | 26.78% |
| Quebec | $63,600.00 | $17,175.75 | $46,424.25 | 19.15% | 27.01% |
| Nova Scotia | $63,600.00 | $17,984.70 | $45,615.30 | 21.01% | 28.28% |
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 $5,300+/month
Advantage Personnel
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109 Jobs
Oakville, ON
$75,000 - $90,000 / year
Full-time
26 days ago
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