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2023 Personal Income Tax Calculator

Canadian Tax Calculator 2023

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Tax Summary:

On a personal income of $50,000 living in Ontario, you will be taxed $8132.50.
ProvinceTax PayableAfter-Tax IncomeAverage Tax RateMarginal Tax Rate
Newfoundland$0.00$0.000%0.00%
P.E.I.$0.00$0.000%0.00%
Nova Scotia$0.00$0.000%0.00%
New Brunswick$0.00$0.000%0.00%
Quebec$0.00$0.000%0.00%
Ontario$0.00$0.000%0.00%
Manitoba$0.00$0.000%0.00%
Saskatchewan$0.00$0.000%0.00%
Alberta$0.00$0.000%0.00%
British Columbia$0.00$0.000%0.00%
Yukon$0.00$0.000%0.00%
Northwest Territory$0.00$0.000%0.00%
Nunavut$0.00$0.000%0.00%

Federal Tax Rates:

Here are the 2023 federal tax rates for all Canadians.

Federal Tax Bracket:Federal Tax Rates:
$53,359 or less15.00%
$53,360 to $106,71720.50%
$106,718 to $165,43026.00%
$165,431 to $235,67529.00%
more than $235,67533.00%

Provincial Tax Rates:

Here are the 2023 provincial tax rates. You can view the different rates for each provinces by changing the selected province in the tax-summary section.

Ontario Tax Bracket:Ontario Tax Rates:
For taxable income that is $49,231or less5.05%
Portion of taxable income that is between $49,231 and $98,4639.15%
Portion of taxable income that is between $98,463 and $150,00011.16%
Portion of taxable income that is between $150,000 and $220,00012.16%
For taxable income that is greater than $220,00013.16%