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 $122,000.06

Salary $122,000.06

Total Deductions $34,620.64

Federal Tax $18,947.98

Provincial Tax $10,165.08

CPP Contributions $4,430.10

EI Premiums $1,077.48

Net Pay $87,379.42

Marginal Tax Rate 43.41%

Average Tax Rate 23.86%

Comprehensive Deduction Rate 28.38%

$122,000.06 a year is how much per hour?
What is the minimum wage in Ontario in 2025?

Monthly Salary

Total Income $10,166.67

Salary $10,166.67

Total Deductions $2,885.05

Federal Tax $1,579.00

Provincial Tax $847.09

CPP Contributions $369.18

EI Premiums $89.79

Net Pay $7,281.62

Marginal Tax Rate 43.41%

Average Tax Rate 23.86%

Comprehensive Deduction Rate 28.38%

$10,166.67 a month is how much per year?
What is the minimum wage in Ontario in 2025?

Biweekly Salary

Total Income $4,692.31

Salary $4,692.31

Total Deductions $1,331.56

Federal Tax $728.77

Provincial Tax $390.96

CPP Contributions $170.39

EI Premiums $41.44

Net Pay $3,360.75

Marginal Tax Rate 43.41%

Average Tax Rate 23.86%

Comprehensive Deduction Rate 28.38%

$4,692.31 per two weeks is how much per year?
What is the minimum wage in Ontario in 2025?

Weekly Salary

Total Income $2,346.16

Salary $2,346.16

Total Deductions $665.78

Federal Tax $364.38

Provincial Tax $195.48

CPP Contributions $85.19

EI Premiums $20.72

Net Pay $1,680.37

Marginal Tax Rate 43.41%

Average Tax Rate 23.86%

Comprehensive Deduction Rate 28.38%

$2,346.16 a week is how much per year?
What is the minimum wage in Ontario in 2025?

Daily Salary

Total Income $469.23

Salary $469.23

Total Deductions $133.16

Federal Tax $72.88

Provincial Tax $39.10

CPP Contributions $17.04

EI Premiums $4.14

Net Pay $336.07

Marginal Tax Rate 43.41%

Average Tax Rate 23.86%

Comprehensive Deduction Rate 28.38%

$469.23 a day is how much per year?
What is the minimum wage in Ontario in 2025?

Hourly Salary

Total Income $62.56

Salary $62.56

Total Deductions $17.75

Federal Tax $9.72

Provincial Tax $5.21

CPP Contributions $2.27

EI Premiums $0.55

Net Pay $44.81

Marginal Tax Rate 43.41%

Average Tax Rate 23.86%

Comprehensive Deduction Rate 28.38%

$62.56 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 $122,000.06

Total Deductions $30,658.27

Net Pay $91,341.79

Average Tax Rate 20.62%

Comprehensive Deduction Rate 25.13%

British Columbia

Total Income $122,000.06

Total Deductions $32,484.67

Net Pay $89,515.39

Average Tax Rate 22.11%

Comprehensive Deduction Rate 26.63%

Yukon

Total Income $122,000.06

Total Deductions $32,671.42

Net Pay $89,328.64

Average Tax Rate 22.27%

Comprehensive Deduction Rate 26.78%

Northwest Territories

Total Income $122,000.06

Total Deductions $32,880.31

Net Pay $89,119.75

Average Tax Rate 22.44%

Comprehensive Deduction Rate 26.95%

Alberta

Total Income $122,000.06

Total Deductions $33,979.91

Net Pay $88,020.15

Average Tax Rate 23.34%

Comprehensive Deduction Rate 27.85%

Ontario

Total Income $122,000.06

Total Deductions $34,620.64

Net Pay $87,379.42

Average Tax Rate 23.86%

Comprehensive Deduction Rate 28.38%

Saskatchewan

Total Income $122,000.06

Total Deductions $36,176.98

Net Pay $85,823.08

Average Tax Rate 25.14%

Comprehensive Deduction Rate 29.65%

Manitoba

Total Income $122,000.06

Total Deductions $37,847.09

Net Pay $84,152.97

Average Tax Rate 26.51%

Comprehensive Deduction Rate 31.02%

New Brunswick

Total Income $122,000.06

Total Deductions $37,887.59

Net Pay $84,112.47

Average Tax Rate 26.54%

Comprehensive Deduction Rate 31.06%

Newfoundland and Labrador

Total Income $122,000.06

Total Deductions $38,671.02

Net Pay $83,329.04

Average Tax Rate 27.18%

Comprehensive Deduction Rate 31.7%

Prince Edward Island

Total Income $122,000.06

Total Deductions $39,759.03

Net Pay $82,241.03

Average Tax Rate 28.07%

Comprehensive Deduction Rate 32.59%

Quebec

Total Income $122,000.06

Total Deductions $39,996.42

Net Pay $82,003.64

Average Tax Rate 27.8%

Comprehensive Deduction Rate 32.78%

Nova Scotia

Total Income $122,000.06

Total Deductions $40,922.26

Net Pay $81,077.80

Average Tax Rate 29.03%

Comprehensive Deduction Rate 33.54%

Region	Total Income	Total Deductions	Net Pay	Avg. Tax Rate	Comp. Deduction Rate
Nunavut	$122,000.06	$30,658.27	$91,341.79	20.62%	25.13%
British Columbia	$122,000.06	$32,484.67	$89,515.39	22.11%	26.63%
Yukon	$122,000.06	$32,671.42	$89,328.64	22.27%	26.78%
Northwest Territories	$122,000.06	$32,880.31	$89,119.75	22.44%	26.95%
Alberta	$122,000.06	$33,979.91	$88,020.15	23.34%	27.85%
Ontario	$122,000.06	$34,620.64	$87,379.42	23.86%	28.38%
Saskatchewan	$122,000.06	$36,176.98	$85,823.08	25.14%	29.65%
Manitoba	$122,000.06	$37,847.09	$84,152.97	26.51%	31.02%
New Brunswick	$122,000.06	$37,887.59	$84,112.47	26.54%	31.06%
Newfoundland and Labrador	$122,000.06	$38,671.02	$83,329.04	27.18%	31.7%
Prince Edward Island	$122,000.06	$39,759.03	$82,241.03	28.07%	32.59%
Quebec	$122,000.06	$39,996.42	$82,003.64	27.8%	32.78%
Nova Scotia	$122,000.06	$40,922.26	$81,077.80	29.03%	33.54%

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.