Canada · 2024

Ontario vs Newfoundland and Labrador Income Tax 2024

At a $100K salary, Ontario is about $3,741 cheaper in 2024.

Enter your income to compare
Top rate
20.53%
Brackets
5
Basic amount
$12,399
Province brackets
5.05%
Bracket 1
$0to$51,446
9.15%
Bracket 2
$51,446to$102,894
11.16%
Bracket 3
$102,894to$150,000
12.16%
Bracket 4
$150,000to$220,000
13.16%
Bracket 5
$220,000and up
Top rate
21.8%
Brackets
8
Basic amount
$10,818
Province brackets
8.7%
Bracket 1
$0to$43,198
14.5%
Bracket 2
$43,198to$86,395
15.8%
Bracket 3
$86,395to$154,244
17.8%
Bracket 4
$154,244to$215,943
19.8%
Bracket 5
$215,943to$275,870
20.8%
Bracket 6
$275,870to$551,739
21.3%
Bracket 7
$551,739to$1,103,478
21.8%
Bracket 8
$1,103,478and up

At common incomes, what's the tax difference?

Federal + provincial income tax after credits (basic personal amount, employment, CPP/EI credits) and the Quebec abatement, 2024. Ontario figures include the surtax and health premium. Excludes CPP/EI premiums themselves.
Compare your income
$
We'll pin your result at the top.
Income
Ontario tax
Newfoundland and Labrador tax
Difference
$50,000single filer
$6,70713.4% effective
$7,85315.7% effective
$1,146 lessin Ontario
$100,000single filer
$21,03121.0% effective
$24,77124.8% effective
$3,741 lessin Ontario
$200,000single filer
$64,90532.5% effective
$67,63933.8% effective
$2,734 lessin Ontario

Federal income tax — same for both

5 brackets · 15–33% · applies on top of provincial rates
15%
to $55,867
20.5%
to $111,733
26%
to $173,205
29%
to $246,752
33%
$246,752+
ON
Ontario
Full 2024 breakdown20.53%
NL
Newfoundland and Labrador
Full 2024 breakdown21.8%