2025 Ontario Income Tax Calculator

Calculate your take-home pay after tax.

Province/Territory

Tax Year

Salary

Rate

Work Hours per Day

Bonus

Commission

Pension Income

Taxable Benefit

RRSP

Your Results

Yearly Salary

Total Income $123,999.72

Salary $123,999.72

Total Deductions $35,488.68

Federal Tax $19,467.89

Provincial Tax $10,513.21

CPP Contributions $4,430.10

EI Premiums $1,077.48

Net Pay $88,511.04

Marginal Tax Rate 43.41%

Average Tax Rate 24.18%

Comprehensive Deduction Rate 28.62%

$123,999.72 a year is how much per hour?
What is the minimum wage in Ontario in 2025?

Monthly Salary

Total Income $10,333.31

Salary $10,333.31

Total Deductions $2,957.39

Federal Tax $1,622.32

Provincial Tax $876.10

CPP Contributions $369.18

EI Premiums $89.79

Net Pay $7,375.92

Marginal Tax Rate 43.41%

Average Tax Rate 24.18%

Comprehensive Deduction Rate 28.62%

$10,333.31 a month is how much per year?
What is the minimum wage in Ontario in 2025?

Biweekly Salary

Total Income $4,769.22

Salary $4,769.22

Total Deductions $1,364.95

Federal Tax $748.77

Provincial Tax $404.35

CPP Contributions $170.39

EI Premiums $41.44

Net Pay $3,404.27

Marginal Tax Rate 43.41%

Average Tax Rate 24.18%

Comprehensive Deduction Rate 28.62%

$4,769.22 per two weeks is how much per year?
What is the minimum wage in Ontario in 2025?

Weekly Salary

Total Income $2,384.61

Salary $2,384.61

Total Deductions $682.47

Federal Tax $374.38

Provincial Tax $202.18

CPP Contributions $85.19

EI Premiums $20.72

Net Pay $1,702.14

Marginal Tax Rate 43.41%

Average Tax Rate 24.18%

Comprehensive Deduction Rate 28.62%

$2,384.61 a week is how much per year?
What is the minimum wage in Ontario in 2025?

Daily Salary

Total Income $476.92

Salary $476.92

Total Deductions $136.49

Federal Tax $74.88

Provincial Tax $40.44

CPP Contributions $17.04

EI Premiums $4.14

Net Pay $340.43

Marginal Tax Rate 43.41%

Average Tax Rate 24.18%

Comprehensive Deduction Rate 28.62%

$476.92 a day is how much per year?
What is the minimum wage in Ontario in 2025?

Hourly Salary

Total Income $63.59

Salary $63.59

Total Deductions $18.20

Federal Tax $9.98

Provincial Tax $5.39

CPP Contributions $2.27

EI Premiums $0.55

Net Pay $45.39

Marginal Tax Rate 43.41%

Average Tax Rate 24.18%

Comprehensive Deduction Rate 28.62%

$63.59 an hour is how much per year?
What is the minimum wage in Ontario in 2025?

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

Nunavut

Total Income $123,999.72

Total Deductions $31,358.14

Net Pay $92,641.58

Average Tax Rate 20.85%

Comprehensive Deduction Rate 25.29%

British Columbia

Total Income $123,999.72

Total Deductions $33,250.34

Net Pay $90,749.38

Average Tax Rate 22.37%

Comprehensive Deduction Rate 26.81%

Yukon

Total Income $123,999.72

Total Deductions $33,409.29

Net Pay $90,590.43

Average Tax Rate 22.5%

Comprehensive Deduction Rate 26.94%

Northwest Territories

Total Income $123,999.72

Total Deductions $33,644.18

Net Pay $90,355.54

Average Tax Rate 22.69%

Comprehensive Deduction Rate 27.13%

Alberta

Total Income $123,999.72

Total Deductions $34,699.78

Net Pay $89,299.94

Average Tax Rate 23.54%

Comprehensive Deduction Rate 27.98%

Ontario

Total Income $123,999.72

Total Deductions $35,488.68

Net Pay $88,511.04

Average Tax Rate 24.18%

Comprehensive Deduction Rate 28.62%

Saskatchewan

Total Income $123,999.72

Total Deductions $36,946.85

Net Pay $87,052.87

Average Tax Rate 25.35%

Comprehensive Deduction Rate 29.8%

Manitoba

Total Income $123,999.72

Total Deductions $38,714.94

Net Pay $85,284.78

Average Tax Rate 26.78%

Comprehensive Deduction Rate 31.22%

New Brunswick

Total Income $123,999.72

Total Deductions $38,727.45

Net Pay $85,272.27

Average Tax Rate 26.79%

Comprehensive Deduction Rate 31.23%

Newfoundland and Labrador

Total Income $123,999.72

Total Deductions $39,506.88

Net Pay $84,492.84

Average Tax Rate 27.42%

Comprehensive Deduction Rate 31.86%

Prince Edward Island

Total Income $123,999.72

Total Deductions $40,631.28

Net Pay $83,368.44

Average Tax Rate 28.33%

Comprehensive Deduction Rate 32.77%

Quebec

Total Income $123,999.72

Total Deductions $40,910.47

Net Pay $83,089.25

Average Tax Rate 28.09%

Comprehensive Deduction Rate 32.99%

Nova Scotia

Total Income $123,999.72

Total Deductions $41,792.11

Net Pay $82,207.61

Average Tax Rate 29.26%

Comprehensive Deduction Rate 33.7%

Region	Total Income	Total Deductions	Net Pay	Avg. Tax Rate	Comp. Deduction Rate
Nunavut	$123,999.72	$31,358.14	$92,641.58	20.85%	25.29%
British Columbia	$123,999.72	$33,250.34	$90,749.38	22.37%	26.81%
Yukon	$123,999.72	$33,409.29	$90,590.43	22.5%	26.94%
Northwest Territories	$123,999.72	$33,644.18	$90,355.54	22.69%	27.13%
Alberta	$123,999.72	$34,699.78	$89,299.94	23.54%	27.98%
Ontario	$123,999.72	$35,488.68	$88,511.04	24.18%	28.62%
Saskatchewan	$123,999.72	$36,946.85	$87,052.87	25.35%	29.8%
Manitoba	$123,999.72	$38,714.94	$85,284.78	26.78%	31.22%
New Brunswick	$123,999.72	$38,727.45	$85,272.27	26.79%	31.23%
Newfoundland and Labrador	$123,999.72	$39,506.88	$84,492.84	27.42%	31.86%
Prince Edward Island	$123,999.72	$40,631.28	$83,368.44	28.33%	32.77%
Quebec	$123,999.72	$40,910.47	$83,089.25	28.09%	32.99%
Nova Scotia	$123,999.72	$41,792.11	$82,207.61	29.26%	33.7%

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.