2025 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$120,000.00
Salary
$120,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$33,752.41
Federal Tax
$18,427.96
Provincial Tax
$9,816.87
CPP Contributions
$4,430.10
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,077.48
Net Pay
$86,247.59
Marginal Tax Rate
43.41%
Average Tax Rate
23.54%
Comprehensive Deduction Rate
28.13%
Monthly Salary
Total Income
$10,000.00
Salary
$10,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,812.70
Federal Tax
$1,535.66
Provincial Tax
$818.07
CPP Contributions
$369.18
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$89.79
Net Pay
$7,187.30
Marginal Tax Rate
43.41%
Average Tax Rate
23.54%
Comprehensive Deduction Rate
28.13%
Biweekly Salary
Total Income
$4,615.38
Salary
$4,615.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,298.17
Federal Tax
$708.77
Provincial Tax
$377.57
CPP Contributions
$170.39
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$41.44
Net Pay
$3,317.22
Marginal Tax Rate
43.41%
Average Tax Rate
23.54%
Comprehensive Deduction Rate
28.13%
Weekly Salary
Total Income
$2,307.69
Salary
$2,307.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$649.08
Federal Tax
$354.38
Provincial Tax
$188.79
CPP Contributions
$85.19
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.72
Net Pay
$1,658.61
Marginal Tax Rate
43.41%
Average Tax Rate
23.54%
Comprehensive Deduction Rate
28.13%
Daily Salary
Total Income
$461.54
Salary
$461.54
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$129.82
Federal Tax
$70.88
Provincial Tax
$37.76
CPP Contributions
$17.04
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.14
Net Pay
$331.72
Marginal Tax Rate
43.41%
Average Tax Rate
23.54%
Comprehensive Deduction Rate
28.13%
Hourly Salary
Total Income
$61.54
Salary
$61.54
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$17.31
Federal Tax
$9.45
Provincial Tax
$5.03
CPP Contributions
$2.27
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.55
Net Pay
$44.23
Marginal Tax Rate
43.41%
Average Tax Rate
23.54%
Comprehensive Deduction Rate
28.13%
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
$120,000.00
Total Deductions
$29,958.24
Net Pay
$90,041.76
Average Tax Rate
20.38%
Comprehensive Deduction Rate
24.97%
Total Income
$120,000.00
Total Deductions
$31,718.84
Net Pay
$88,281.16
Average Tax Rate
21.84%
Comprehensive Deduction Rate
26.43%
Total Income
$120,000.00
Total Deductions
$31,933.39
Net Pay
$88,066.61
Average Tax Rate
22.02%
Comprehensive Deduction Rate
26.61%
Total Income
$120,000.00
Total Deductions
$32,116.28
Net Pay
$87,883.72
Average Tax Rate
22.17%
Comprehensive Deduction Rate
26.76%
Total Income
$120,000.00
Total Deductions
$33,259.88
Net Pay
$86,740.12
Average Tax Rate
23.13%
Comprehensive Deduction Rate
27.72%
Total Income
$120,000.00
Total Deductions
$33,752.41
Net Pay
$86,247.59
Average Tax Rate
23.54%
Comprehensive Deduction Rate
28.13%
Total Income
$120,000.00
Total Deductions
$35,406.95
Net Pay
$84,593.05
Average Tax Rate
24.92%
Comprehensive Deduction Rate
29.51%
Total Income
$120,000.00
Total Deductions
$36,979.06
Net Pay
$83,020.94
Average Tax Rate
26.23%
Comprehensive Deduction Rate
30.82%
Total Income
$120,000.00
Total Deductions
$37,047.56
Net Pay
$82,952.44
Average Tax Rate
26.28%
Comprehensive Deduction Rate
30.87%
Total Income
$120,000.00
Total Deductions
$37,834.99
Net Pay
$82,165.01
Average Tax Rate
26.94%
Comprehensive Deduction Rate
31.53%
Total Income
$120,000.00
Total Deductions
$38,886.60
Net Pay
$81,113.40
Average Tax Rate
27.82%
Comprehensive Deduction Rate
32.41%
Total Income
$120,000.00
Total Deductions
$39,082.19
Net Pay
$80,917.81
Average Tax Rate
27.5%
Comprehensive Deduction Rate
32.57%
Total Income
$120,000.00
Total Deductions
$40,052.23
Net Pay
$79,947.77
Average Tax Rate
28.79%
Comprehensive Deduction Rate
33.38%
Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
---|---|---|---|---|---|
Nunavut | $120,000.00 | $29,958.24 | $90,041.76 | 20.38% | 24.97% |
British Columbia | $120,000.00 | $31,718.84 | $88,281.16 | 21.84% | 26.43% |
Yukon | $120,000.00 | $31,933.39 | $88,066.61 | 22.02% | 26.61% |
Northwest Territories | $120,000.00 | $32,116.28 | $87,883.72 | 22.17% | 26.76% |
Alberta | $120,000.00 | $33,259.88 | $86,740.12 | 23.13% | 27.72% |
Ontario | $120,000.00 | $33,752.41 | $86,247.59 | 23.54% | 28.13% |
Saskatchewan | $120,000.00 | $35,406.95 | $84,593.05 | 24.92% | 29.51% |
Manitoba | $120,000.00 | $36,979.06 | $83,020.94 | 26.23% | 30.82% |
New Brunswick | $120,000.00 | $37,047.56 | $82,952.44 | 26.28% | 30.87% |
Newfoundland and Labrador | $120,000.00 | $37,834.99 | $82,165.01 | 26.94% | 31.53% |
Prince Edward Island | $120,000.00 | $38,886.60 | $81,113.40 | 27.82% | 32.41% |
Quebec | $120,000.00 | $39,082.19 | $80,917.81 | 27.5% | 32.57% |
Nova Scotia | $120,000.00 | $40,052.23 | $79,947.77 | 28.79% | 33.38% |
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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