Ontario Income Tax Calculator 2024
Calculate your exact take-home pay after federal and Ontario provincial tax, CPP contributions, and EI premiums for the 2024 tax year.
| Gross income | $85,000 |
| Federal income tax | –$11,133 |
| Ontario provincial tax | –$4,583 |
| CPP contributions | –$3,868 |
| EI premiums | –$1,049 |
| Take-home pay | $64,368 |
Ontario Tax Facts
- →Ontario is Canada's most populous province with over 15 million residents.
- →The Ontario basic personal amount for 2024 is $11,865.
- →Ontario has one of the more complex provincial tax systems due to its surtax.
- →High earners in Ontario face a combined federal-provincial marginal rate of up to 53.53%.
Ontario Income Tax FAQ
What is the Ontario provincial tax rate for 2024?
Ontario's provincial tax starts at 5.1% on income above the basic personal amount of $11,865. The top rate is 13.16%. These rates are applied on top of federal income tax.
How much income tax will I pay in Ontario?
Your total tax in Ontario combines federal tax (15%–33%) and Ontario provincial tax (5.1%–13.2%), plus CPP (5.95%) and EI (1.66%) contributions. Use the calculator above for your exact take-home pay.
What is the basic personal amount in Ontario for 2024?
The Ontario basic personal amount for 2024 is $11,865. This means the first $11,865 of income is effectively tax-free at the provincial level. The federal basic personal amount is $15,705.
How do I calculate my take-home pay in Ontario?
To calculate take-home pay in Ontario: start with your gross income, subtract federal income tax, subtract Ontario provincial tax, subtract CPP contributions (5.95% up to $68,500), and subtract EI premiums (1.66% up to $63,200). The calculator above does all of this automatically.