Income Tax Calculator Canada

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary $1,175

EI deduction - $4

CPP deduction - $13

Federal tax deduction - $301

Provincial tax deduction - $186

Total tax - $504

Net pay * $671

Marginal tax rate 53.5%

Average tax rate 42.9%

42.9%Total tax

57.1%

Net pay

The Taxberg

$671

Net pay

$19

Tax the employer pays

$504

Tax you pay

Total tax paid

$523

Did you know your employer also pays tax on your salary? It costs the employer $19 to pay you $1,175. In other words, every time you spend $10 of your hard-earned money, $4.45 goes to the government.

Real tax rate

43.8%

So, with you and the employer both paying tax, what used to be a 42.9% tax rate now rises to 43.8%, meaning your real tax rate is actually 0.9% higher than what it seemed at first.

Summary

If you make $305,500 a year living in the region of Ontario, Canada, you will be taxed $130,929. That means that your net pay will be $174,571 per year, or $14,548 per month. Your average tax rate is 42.9% and your marginal tax rate is 53.5%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $100 in your salary will be taxed $53.5, hence, your net pay will only increase by $46.5.

Bonus Example

A $1,000 bonus will generate an extra $465 of net incomes. A $5,000 bonus will generate an extra $2,325 of net incomes.

Province

AlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland and LabradorNorthwest TerritoriesNova ScotiaNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon

Tax per income

$1,500$2,000$2,500$3,000$3,500$4,000$4,500$5,000$5,500$6,000$6,500$7,000$7,500$8,000$8,500$9,000$9,500$10,000$10,500$11,000

Tax per region

Country	Net pay	Average tax	Rank
Nunavut	CAD 195,199	36.1%	1
Yukon	CAD 190,345	37.7%	2
Northwest Territories	CAD 187,488	38.6%	3
New Brunswick	CAD 171,290	43.9%	11
Nova Scotia	CAD 168,012	45.0%	12
Quebec	CAD 167,445	45.2%	13

NOTE* Withholding is calculated based on the Ontario tables of CA, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.