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The Ontario Income Tax Salary Calculator is updated 2023/24 tax year. Income Tax calculations and RRSP factoring for 2023/24 with historical pay figures on average earnings in Canada for each market sector and location. Salary calculations include gross annual income, tax deductible elements such as Child Care, Alimony and include family related tax allowances.
iCalculator also provides historical Canadian earning figures so individual employees and employers can review how much tax has been paid in previous tax years or you can use the salary calculator 2023/24 to see home much your take home salary will be in 2024.
Below are example salary examples including Federal Tax and Ontario Provincial deductions. You can work out your annual salary and take home pay using the Canada salary calculator or look at typical earning by viewing one of the illustrations below.
The following tool will allow you to create a salary illustration for Ontario and then send this to yourself, a friend, colleague, employee, potential employee etc. This tool is popular with Recruitment agencies in Ontario. If you are or work for a recruitment agency in Ontario and would like your own, branded Ontario tax calculator on iCalculator please contact us for more details.
Click to view a salary examples and email/print as required.