2025 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$118,000.00
Salary
$118,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$32,884.22
Federal Tax
$17,907.96
Provincial Tax
$9,468.68
CPP Contributions
$4,430.10
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,077.48
Net Pay
$85,115.78
Marginal Tax Rate
43.41%
Average Tax Rate
23.2%
Comprehensive Deduction Rate
27.87%
Monthly Salary
Total Income
$9,833.33
Salary
$9,833.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,740.35
Federal Tax
$1,492.33
Provincial Tax
$789.06
CPP Contributions
$369.18
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$89.79
Net Pay
$7,092.98
Marginal Tax Rate
43.41%
Average Tax Rate
23.2%
Comprehensive Deduction Rate
27.87%
Biweekly Salary
Total Income
$4,538.46
Salary
$4,538.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,264.78
Federal Tax
$688.77
Provincial Tax
$364.18
CPP Contributions
$170.39
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$41.44
Net Pay
$3,273.68
Marginal Tax Rate
43.41%
Average Tax Rate
23.2%
Comprehensive Deduction Rate
27.87%
Weekly Salary
Total Income
$2,269.23
Salary
$2,269.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$632.39
Federal Tax
$344.38
Provincial Tax
$182.09
CPP Contributions
$85.19
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.72
Net Pay
$1,636.84
Marginal Tax Rate
43.41%
Average Tax Rate
23.2%
Comprehensive Deduction Rate
27.87%
Daily Salary
Total Income
$453.85
Salary
$453.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$126.48
Federal Tax
$68.88
Provincial Tax
$36.42
CPP Contributions
$17.04
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.14
Net Pay
$327.37
Marginal Tax Rate
43.41%
Average Tax Rate
23.2%
Comprehensive Deduction Rate
27.87%
Hourly Salary
Total Income
$60.51
Salary
$60.51
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$16.86
Federal Tax
$9.18
Provincial Tax
$4.86
CPP Contributions
$2.27
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.55
Net Pay
$43.65
Marginal Tax Rate
43.41%
Average Tax Rate
23.2%
Comprehensive Deduction Rate
27.87%
Federal and Provincial/Territorial Tax Brackets
Your taxable income in the following tax brackets.
| Federal Tax Bracket | Federal Tax Rates |
|---|---|
| $57,375.00 or less | 15% |
| $57,375.00 - $114,749.99 | 20.5% |
| $114,750.00 - $177,881.99 | 26% |
| $177,882.00 - $253,413.99 | 29% |
| More than $253,414.00 | 33% |
| Ontario Tax Bracket | Ontario Tax Rates |
|---|---|
| $52,886.00 or less | 5.05% |
| $52,886.00 - $105,774.99 | 9.15% |
| $105,775.00 - $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
$118,000.00
Total Deductions
$29,258.24
Net Pay
$88,741.76
Average Tax Rate
20.13%
Comprehensive Deduction Rate
24.8%
Total Income
$118,000.00
Total Deductions
$30,953.04
Net Pay
$87,046.96
Average Tax Rate
21.56%
Comprehensive Deduction Rate
26.23%
Total Income
$118,000.00
Total Deductions
$31,195.39
Net Pay
$86,804.61
Average Tax Rate
21.77%
Comprehensive Deduction Rate
26.44%
Total Income
$118,000.00
Total Deductions
$31,352.28
Net Pay
$86,647.72
Average Tax Rate
21.9%
Comprehensive Deduction Rate
26.57%
Total Income
$118,000.00
Total Deductions
$32,539.88
Net Pay
$85,460.12
Average Tax Rate
22.91%
Comprehensive Deduction Rate
27.58%
Total Income
$118,000.00
Total Deductions
$32,884.22
Net Pay
$85,115.78
Average Tax Rate
23.2%
Comprehensive Deduction Rate
27.87%
Total Income
$118,000.00
Total Deductions
$34,636.95
Net Pay
$83,363.05
Average Tax Rate
24.69%
Comprehensive Deduction Rate
29.35%
Total Income
$118,000.00
Total Deductions
$36,111.06
Net Pay
$81,888.94
Average Tax Rate
25.94%
Comprehensive Deduction Rate
30.6%
Total Income
$118,000.00
Total Deductions
$36,207.56
Net Pay
$81,792.44
Average Tax Rate
26.02%
Comprehensive Deduction Rate
30.68%
Total Income
$118,000.00
Total Deductions
$36,998.99
Net Pay
$81,001.01
Average Tax Rate
26.69%
Comprehensive Deduction Rate
31.36%
Total Income
$118,000.00
Total Deductions
$38,014.20
Net Pay
$79,985.80
Average Tax Rate
27.55%
Comprehensive Deduction Rate
32.22%
Total Income
$118,000.00
Total Deductions
$38,167.99
Net Pay
$79,832.01
Average Tax Rate
27.19%
Comprehensive Deduction Rate
32.35%
Total Income
$118,000.00
Total Deductions
$39,182.23
Net Pay
$78,817.77
Average Tax Rate
28.54%
Comprehensive Deduction Rate
33.21%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $118,000.00 | $29,258.24 | $88,741.76 | 20.13% | 24.8% |
| British Columbia | $118,000.00 | $30,953.04 | $87,046.96 | 21.56% | 26.23% |
| Yukon | $118,000.00 | $31,195.39 | $86,804.61 | 21.77% | 26.44% |
| Northwest Territories | $118,000.00 | $31,352.28 | $86,647.72 | 21.9% | 26.57% |
| Alberta | $118,000.00 | $32,539.88 | $85,460.12 | 22.91% | 27.58% |
| Ontario | $118,000.00 | $32,884.22 | $85,115.78 | 23.2% | 27.87% |
| Saskatchewan | $118,000.00 | $34,636.95 | $83,363.05 | 24.69% | 29.35% |
| Manitoba | $118,000.00 | $36,111.06 | $81,888.94 | 25.94% | 30.6% |
| New Brunswick | $118,000.00 | $36,207.56 | $81,792.44 | 26.02% | 30.68% |
| Newfoundland and Labrador | $118,000.00 | $36,998.99 | $81,001.01 | 26.69% | 31.36% |
| Prince Edward Island | $118,000.00 | $38,014.20 | $79,985.80 | 27.55% | 32.22% |
| Quebec | $118,000.00 | $38,167.99 | $79,832.01 | 27.19% | 32.35% |
| Nova Scotia | $118,000.00 | $39,182.23 | $78,817.77 | 28.54% | 33.21% |
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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