2024 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$80,000.00
Salary
$80,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$20,372.11
Federal Tax
$10,157.49
Provincial Tax
$5,110.00
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$59,627.89
Marginal Tax Rate
29.65%
Average Tax Rate
19.08%
Comprehensive Deduction Rate
25.47%
Monthly Salary
Total Income
$6,666.67
Salary
$6,666.67
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,697.68
Federal Tax
$846.46
Provincial Tax
$425.83
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$4,968.99
Marginal Tax Rate
29.65%
Average Tax Rate
19.08%
Comprehensive Deduction Rate
25.47%
Biweekly Salary
Total Income
$3,076.92
Salary
$3,076.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$783.54
Federal Tax
$390.67
Provincial Tax
$196.54
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$2,293.38
Marginal Tax Rate
29.65%
Average Tax Rate
19.08%
Comprehensive Deduction Rate
25.47%
Weekly Salary
Total Income
$1,538.46
Salary
$1,538.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$391.77
Federal Tax
$195.34
Provincial Tax
$98.27
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,146.69
Marginal Tax Rate
29.65%
Average Tax Rate
19.08%
Comprehensive Deduction Rate
25.47%
Daily Salary
Total Income
$307.69
Salary
$307.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$78.35
Federal Tax
$39.07
Provincial Tax
$19.65
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$229.34
Marginal Tax Rate
29.65%
Average Tax Rate
19.08%
Comprehensive Deduction Rate
25.47%
Hourly Salary
Total Income
$41.03
Salary
$41.03
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$10.45
Federal Tax
$5.21
Provincial Tax
$2.62
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$30.58
Marginal Tax Rate
29.65%
Average Tax Rate
19.08%
Comprehensive Deduction Rate
25.47%
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
$80,000.00
Total Deductions
$18,335.33
Net Pay
$61,664.67
Average Tax Rate
16.54%
Comprehensive Deduction Rate
22.92%
Total Income
$80,000.00
Total Deductions
$19,294.26
Net Pay
$60,705.74
Average Tax Rate
17.74%
Comprehensive Deduction Rate
24.12%
Total Income
$80,000.00
Total Deductions
$19,488.40
Net Pay
$60,511.60
Average Tax Rate
17.98%
Comprehensive Deduction Rate
24.36%
Total Income
$80,000.00
Total Deductions
$19,627.32
Net Pay
$60,372.68
Average Tax Rate
18.15%
Comprehensive Deduction Rate
24.53%
Total Income
$80,000.00
Total Deductions
$20,372.11
Net Pay
$59,627.89
Average Tax Rate
19.08%
Comprehensive Deduction Rate
25.47%
Total Income
$80,000.00
Total Deductions
$20,628.36
Net Pay
$59,371.64
Average Tax Rate
19.4%
Comprehensive Deduction Rate
25.79%
Total Income
$80,000.00
Total Deductions
$21,812.03
Net Pay
$58,187.97
Average Tax Rate
20.88%
Comprehensive Deduction Rate
27.27%
Total Income
$80,000.00
Total Deductions
$22,360.00
Net Pay
$57,640.00
Average Tax Rate
21.57%
Comprehensive Deduction Rate
27.95%
Total Income
$80,000.00
Total Deductions
$22,519.43
Net Pay
$57,480.57
Average Tax Rate
21.77%
Comprehensive Deduction Rate
28.15%
Total Income
$80,000.00
Total Deductions
$23,028.57
Net Pay
$56,971.43
Average Tax Rate
22.4%
Comprehensive Deduction Rate
28.79%
Total Income
$80,000.00
Total Deductions
$23,580.76
Net Pay
$56,419.24
Average Tax Rate
23.1%
Comprehensive Deduction Rate
29.48%
Total Income
$80,000.00
Total Deductions
$23,671.49
Net Pay
$56,328.51
Average Tax Rate
22.62%
Comprehensive Deduction Rate
29.59%
Total Income
$80,000.00
Total Deductions
$24,620.25
Net Pay
$55,379.75
Average Tax Rate
24.39%
Comprehensive Deduction Rate
30.78%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $80,000.00 | $18,335.33 | $61,664.67 | 16.54% | 22.92% |
| British Columbia | $80,000.00 | $19,294.26 | $60,705.74 | 17.74% | 24.12% |
| Northwest Territories | $80,000.00 | $19,488.40 | $60,511.60 | 17.98% | 24.36% |
| Yukon | $80,000.00 | $19,627.32 | $60,372.68 | 18.15% | 24.53% |
| Ontario | $80,000.00 | $20,372.11 | $59,627.89 | 19.08% | 25.47% |
| Alberta | $80,000.00 | $20,628.36 | $59,371.64 | 19.4% | 25.79% |
| Saskatchewan | $80,000.00 | $21,812.03 | $58,187.97 | 20.88% | 27.27% |
| Manitoba | $80,000.00 | $22,360.00 | $57,640.00 | 21.57% | 27.95% |
| New Brunswick | $80,000.00 | $22,519.43 | $57,480.57 | 21.77% | 28.15% |
| Newfoundland and Labrador | $80,000.00 | $23,028.57 | $56,971.43 | 22.4% | 28.79% |
| Prince Edward Island | $80,000.00 | $23,580.76 | $56,419.24 | 23.1% | 29.48% |
| Quebec | $80,000.00 | $23,671.49 | $56,328.51 | 22.62% | 29.59% |
| Nova Scotia | $80,000.00 | $24,620.25 | $55,379.75 | 24.39% | 30.78% |
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 $80,000+/year
Advantage Personnel
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109 Jobs
Oakville, ON
$75,000 - $90,000 / year
Full-time
25 days ago
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