Estimate your net take-home pay per pay period after federal and provincial income tax, CPP, and EI (example rates).
2024 federal and Ontario tax brackets, CPP/EI rates (example)
This calculator estimates how much of your gross salary you'll actually receive in each paycheque, after federal and provincial income tax, CPP contributions, and EI premiums are deducted — broken down per pay period so you can budget around your real, regular income.
This calculator first computes your annual federal tax, provincial tax (using Ontario as an example), CPP contributions, and EI premiums on your income after any RRSP deductions, using the same bracketed approach as our Income Tax Calculator. It then divides your annual gross pay, each deduction, and your annual net pay by the number of pay periods you entered to show what lands in your account each pay cheque.
Formula: Income for Tax = Gross Salary − RRSP Contributions. Annual Net Pay = Gross Salary − Federal Tax − Provincial Tax − CPP − EI − (Pre-tax + Post-tax Deductions). Per-Period Amount = Annual Amount ÷ Pay Periods per Year.
Example: On a CA$70,000 gross annual salary paid monthly (12 pay periods), with no RRSP contributions or other deductions, gross pay per period is about CA$5,833. After roughly CA$679 federal tax, CA$268 provincial tax, and CA$410 combined CPP and EI per period (example rates and brackets), take-home pay would be roughly CA$4,477 per month, or about CA$53,729 for the year. (Note: this example is for illustration purposes only and uses example brackets and rates that change each tax year.)
Canadian employers deduct income tax (federal and provincial), CPP contributions, and EI premiums directly from each paycheque, an arrangement known as "payroll deductions at source." How much is deducted from any single paycheque depends partly on your pay frequency: weekly, biweekly, semi-monthly, and monthly pay periods all divide the same annual amounts differently, so your per-period take-home pay will look different depending on how often you're paid, even for the same annual salary. RRSP contributions made through a workplace group plan are often deducted pre-tax directly from your paycheque, reducing the tax withheld immediately rather than requiring you to claim it later on your tax return — a convenient way to get the RRSP tax benefit throughout the year (see our RRSP Calculator). "Other deductions" might include items like union dues, extended health or dental premiums, or group life insurance premiums, some of which may themselves be tax-deductible depending on the benefit. This calculator uses Ontario's provincial tax brackets as an example; if you live in another province or territory, your actual take-home pay will differ.
Your annual take-home pay stays the same regardless of pay frequency (assuming the same salary and deductions), but it's divided differently - weekly pay (52 periods) gives you smaller, more frequent paycheques, while monthly pay (12 periods) gives you larger, less frequent ones. This calculator simply divides the same annual figures by the number of periods you enter.
It should be close but may not match exactly. Payroll systems often calculate CPP, EI, and tax withholding on a per-period basis using prorated annual limits and specific withholding tables (like the CRA's), which can produce slightly different rounding and timing than this calculator's annual-then-divided approach. Use this as a close estimate, not a substitute for your pay stub.
Pre-tax deductions (like RRSP contributions through a workplace plan) are subtracted from your income before tax is calculated, reducing your taxable income and therefore your tax. Post-tax deductions (like some union dues or insurance premiums) are subtracted from your pay after tax has already been calculated on the full amount, so they don't reduce your taxable income.
It depends on your province or territory's tax brackets and rates, which can differ meaningfully from Ontario's. Provinces with higher provincial tax rates at your income level would reduce your take-home pay compared to this estimate, while provinces with lower rates would increase it. CPP and EI are federal and apply the same way across Canada (outside Quebec, which has its own QPP and QPIP programs).
Increasing pre-tax RRSP contributions reduces your taxable income, which can lower the tax withheld from each paycheque (though the contribution itself reduces your immediate cash take-home, the tax saving offsets part of that). Reviewing whether you're claiming all eligible tax credits on your TD1 forms can also affect how much tax is withheld - speak with a tax professional or your payroll department for guidance specific to your situation.
This calculator is designed around an annual salary figure. If you're paid hourly, multiply your hourly rate by your expected annual hours (e.g., hourly rate x hours per week x weeks per year) to estimate an annual salary figure to enter, keeping in mind that overtime, unpaid leave, or variable hours can make your actual annual income different from this estimate.
Disclaimer: The information, rates, brackets, and figures provided on this page are for educational and illustrative purposes only and do not constitute tax or payroll advice. Federal and provincial tax brackets, the Basic Personal Amount, and CPP and EI rates and maximums are set annually and change over time. This calculator uses Ontario provincial tax rates as an example, applies a simplified annual-then-divided calculation, and does not replicate the exact per-period withholding tables used by employer payroll systems. Always refer to your pay stub and consult the Canada Revenue Agency (CRA) or a qualified tax professional for figures specific to your situation.