$1,029 income tax calculator 2025 - Ontario

Salary rate

Annual

Month

Biweekly

Weekly

Day

Hour

Withholding

Salary

$1,029

Federal tax deduction

- $2.96

EI deduction

- $16.26

Total tax

- $19.22

Net pay

* $1,010

Marginal tax rate

11.8%

Average tax rate

1.9%

98.1%

Net pay

1.9%

Total tax

Net pay

The Taxberg

$1,010

Net pay

$22.76

Tax the employer pays

$19.22

Tax you pay

Total tax paid

$41.98

Did you know your employer also pays tax on your salary? It costs the employer $22.76 to pay you $1,029. In other words, every time you spend $10 of your hard-earned money, $0.41 goes to the government.

Real tax rate

4.0%

So, with you and the employer both paying tax, what used to be a 1.9% tax rate now rises to 4.0%, meaning your real tax rate is actually 2.1% higher than what it seemed at first.

People also ask

$1,029 yearly is how much per hour?

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What is the average salary in Canada?

Summary

If you make $1,029 a year living in the region of Ontario, Canada, you will be taxed $19.22. That means that your net pay will be $1,010 per year, or $84.15 per month. Your average tax rate is 1.9% and your marginal tax rate is 11.8%. 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 $11.80, hence, your net pay will only increase by $88.20.

Bonus Example

A $1,000 bonus will generate an extra $882 of net incomes. A $5,000 bonus will generate an extra $4,410 of net incomes.

Compare average tax

Region

Newfoundland and Labrador

Northwest Territories

Tax per income

Tax per region

British Columbia

CAD 1,010

1.9%

1

Ontario

CAD 1,010

1.9%

2

Quebec

CAD 1,009

1.9%

3

Newfoundland and Labrador

CAD 922

10.4%

4

Nova Scotia

CAD 921

10.5%

5

New Brunswick

CAD 915

11.1%

6

Prince Edward Island

CAD 911

11.5%

7

Alberta

CAD 909

11.7%

8

Saskatchewan

CAD 903

12.2%

9

Manitoba

CAD 900

12.5%

10

Yukon

CAD 1,009

2.0%

11

Nunavut

CAD 969

5.8%

12

Northwest Territories

CAD 950

7.7%

13

Europe

United Kingdom

CAD 1,029

0.0%

1

Germany

CAD 1,029

0.0%

2

Austria

CAD 1,029

0.0%

3

Ireland

CAD 1,029

0.0%

4

Sweden

CAD 1,029

0.0%

5

Norway

CAD 1,029

0.0%

6

Spain

CAD 964

6.4%

7

Italy

CAD 934

9.2%

8

France

CAD 929

9.7%

9

Switzerland

CAD 921

10.5%

10

Czech Republic

CAD 916

11.0%

11

Luxembourg

CAD 915

11.1%

12

Russia

CAD 895

13.0%

13

Hungary

CAD 839

18.5%

14

Ukraine

CAD 828

19.5%

15

Poland

CAD 808

21.5%

16

Greece

CAD 804

21.9%

17

Portugal

CAD 766

25.6%

18

Finland

CAD 713

30.8%

19

Belgium

CAD 700

32.0%

20

Netherlands

CAD 647

37.1%

21

Denmark

CAD 608

40.9%

22

Romania

CAD 602

41.5%

23

North America

Canada

CAD 1,010

1.9%

1

USA

CAD 940

8.7%

2

Asia / Pacific

Australia

CAD 1,029

0.0%

1

Singapore

CAD 1,029

0.0%

2

Hong Kong

CAD 1,029

0.0%

3

Pakistan

CAD 1,014

1.5%

4

Thailand

CAD 978

5.0%

5

Indonesia

CAD 939

8.8%

6

Taiwan

CAD 938

8.9%

7

Philippines

CAD 934

9.3%

8

South Korea

CAD 919

10.7%

9

New Zealand

CAD 907

11.9%

10

India

CAD 906

12.0%

11

Malaysia

CAD 901

12.4%

12

China

CAD 893

13.2%

13

Vietnam

CAD 875

15.0%

14

Japan

CAD 836

18.7%

15

Kazakhstan

CAD 815

20.8%

16

Latin America

Mexico

CAD 1,005

2.4%

1

Brazil

CAD 952

7.5%

2

Puerto Rico

CAD 947

8.0%

3

Colombia

CAD 947

8.0%

4

Ecuador

CAD 932

9.5%

5

Guatemala

CAD 930

9.6%

6

Costa Rica

CAD 921

10.5%

7

Panama

CAD 916

11.0%

8

Peru

CAD 900

12.5%

9

Argentina

CAD 854

17.0%

10

Chile

CAD 848

17.6%

11

Uruguay

CAD 843

18.1%

12

Africa

South Africa

CAD 1,019

1.0%

1

Uganda

CAD 973

5.5%

2

Zambia

CAD 967

6.0%

3

Morocco

CAD 960

6.7%

4

Ivory Coast

CAD 951

7.6%

5

Senegal

CAD 931

9.5%

6

Kenya

CAD 897

12.8%

7

Ghana

CAD 892

13.4%

8

Mozambique

CAD 878

14.7%

9

Cameroon

CAD 868

15.6%

10

Angola

CAD 818

20.5%

11

Nigeria

CAD 811

21.2%

12

Middle East

Saudi Arabia

CAD 1,029

0.0%

1

United Arab Emirates

CAD 978

5.0%

2

Qatar

CAD 978

5.0%

3

Bahrain

CAD 947

8.0%

4

Oman

CAD 947

8.0%

5

Kuwait

CAD 916

11.0%

6

Lebanon

CAD 907

11.9%

7

Egypt

CAD 899

12.7%

8

Israel

CAD 894

13.2%

9

Turkey

CAD 867

15.8%

10

NOTE* Withholding is calculated based on the Ontario tables of Canada, 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.

Income tax calculator Ontario

Find out how much your salary is after tax