Take-home pay is what remains after payroll deductions. Use this calculator when you care about net income, not the tax-bracket headline rate.
An $80,000 offer is not $80,000 in your bank account. Federal tax, provincial tax, and CPP/EI come off first. The effective tax rate on this site is estimated income tax divided by gross salary — it does not include CPP and EI, which are contributions rather than income tax.
Federal tax, CPP, and EI (outside Quebec) are national. Provincial brackets, basic personal amounts, and extras such as Ontario’s Health Premium change the provincial line. Quebec replaces CPP with QPP and adds QPIP.
Yes. Those contributions reduce the deposit even though they are not income tax. The effective tax rate shown here is income tax only.