Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$12,038
Federal tax deduction
- $1,511
Provincial tax deduction
- $574
CPP deduction
- $487
EI deduction
- $190
Total tax
- $2,762
Net pay
* $9,276
Marginal tax rate
25.9%
Average tax rate
22.9%
77.1%
Net pay
22.9%
Total tax
Total tax
Net pay
The Taxberg
$9,276
Net pay
$753
Tax the employer pays
$2,762
Tax you pay
Total tax paid
$3,515
Did you know your employer also pays tax on your salary? It costs the employer $753 to pay you $12,038. In other words, every time you spend $10 of your hard-earned money, $2.92 goes to the government.
Real tax rate
27.5%
So, with you and the employer both paying tax, what used to be a 22.9% tax rate now rises to 27.5%, meaning your real tax rate is actually 4.6% higher than what it seemed at first.
People also ask
$12,038 yearly is how much per hour?
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What is the average salary in Canada?
Summary
If you make $12,038 a year living in the region of Ontario, Canada, you will be taxed $2,762. That means that your net pay will be $9,276 per year, or $773 per month. Your average tax rate is 22.9% and your marginal tax rate is 25.9%. 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 $25.87, hence, your net pay will only increase by $74.13.
Bonus Example
A $1,000 bonus will generate an extra $741 of net incomes. A $5,000 bonus will generate an extra $3,707 of net incomes.
Compare average tax
Region
Alberta
British Columbia
Manitoba
New Brunswick
Newfoundland and Labrador
Northwest Territories
Nova Scotia
Nunavut
Ontario
Prince Edward Island
Quebec
Saskatchewan
Yukon
Tax per income
$12,500
$13,000
$13,500
$14,000
$14,500
$15,000
$15,500
$16,000
$16,500
$17,000
$17,500
$18,000
$18,500
$19,000
$19,500
$20,000
$20,500
$21,000
$21,500
$22,000
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 10,054
16.5%
1
British Columbia
CAD 9,766
18.9%
2
Nunavut
CAD 9,396
22.0%
3
Ontario
CAD 9,276
22.9%
4
Yukon
CAD 9,205
23.5%
5
Northwest Territories
CAD 9,180
23.7%
6
Newfoundland and Labrador
CAD 8,862
26.4%
7
Nova Scotia
CAD 8,851
26.5%
8
New Brunswick
CAD 8,782
27.0%
9
Prince Edward Island
CAD 8,737
27.4%
10
Alberta
CAD 8,714
27.6%
11
Saskatchewan
CAD 8,657
28.1%
12
Manitoba
CAD 8,623
28.4%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 12,038
0.0%
1
Ireland
CAD 12,038
0.0%
2
Spain
CAD 11,274
6.4%
3
Switzerland
CAD 11,181
7.1%
4
Norway
CAD 11,086
7.9%
5
Italy
CAD 11,022
8.4%
6
France
CAD 10,870
9.7%
7
Czech Republic
CAD 10,687
11.2%
8
Luxembourg
CAD 10,683
11.3%
9
Russia
CAD 10,473
13.0%
10
Austria
CAD 10,235
15.0%
11
Hungary
CAD 9,811
18.5%
12
Ukraine
CAD 9,691
19.5%
13
Germany
CAD 9,670
19.7%
14
Sweden
CAD 9,476
21.3%
15
Greece
CAD 9,408
21.9%
16
Poland
CAD 9,404
21.9%
17
Portugal
CAD 8,842
26.6%
18
Finland
CAD 8,336
30.8%
19
Belgium
CAD 8,186
32.0%
20
Denmark
CAD 8,015
33.4%
21
Netherlands
CAD 7,575
37.1%
22
Romania
CAD 7,042
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 10,944
9.1%
1
Canada
CAD 9,276
22.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 12,038
0.0%
1
Hong Kong
CAD 12,038
0.0%
2
Thailand
CAD 11,394
5.4%
3
Pakistan
CAD 11,190
7.1%
4
Taiwan
CAD 10,973
8.9%
5
Malaysia
CAD 10,624
11.8%
6
South Korea
CAD 10,611
11.9%
7
New Zealand
CAD 10,578
12.1%
8
Indonesia
CAD 10,447
13.2%
9
Philippines
CAD 10,432
13.3%
10
Japan
CAD 9,782
18.7%
11
Vietnam
CAD 9,654
19.8%
12
Singapore
CAD 9,632
20.0%
13
India
CAD 9,595
20.3%
14
Kazakhstan
CAD 9,534
20.8%
15
China
CAD 8,605
28.5%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 11,081
8.0%
1
Colombia
CAD 11,075
8.0%
2
Ecuador
CAD 10,900
9.5%
3
Guatemala
CAD 10,884
9.6%
4
Costa Rica
CAD 10,774
10.5%
5
Panama
CAD 10,714
11.0%
6
Peru
CAD 10,533
12.5%
7
Mexico
CAD 10,342
14.1%
8
Brazil
CAD 10,226
15.1%
9
Chile
CAD 9,919
17.6%
10
Uruguay
CAD 9,618
20.1%
11
Argentina
CAD 7,815
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 11,020
8.5%
1
Morocco
CAD 9,876
18.0%
2
Mozambique
CAD 9,436
21.6%
3
Ivory Coast
CAD 9,279
22.9%
4
Cameroon
CAD 9,241
23.2%
5
Kenya
CAD 9,146
24.0%
6
Angola
CAD 8,981
25.4%
7
Ghana
CAD 8,898
26.1%
8
Nigeria
CAD 8,361
30.5%
9
Uganda
CAD 8,234
31.6%
10
Senegal
CAD 8,192
32.0%
11
Zambia
CAD 7,960
33.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 11,436
5.0%
1
Qatar
CAD 11,436
5.0%
2
Bahrain
CAD 11,075
8.0%
3
Oman
CAD 11,075
8.0%
4
Saudi Arabia
CAD 10,834
10.0%
5
Kuwait
CAD 10,714
11.0%
6
Israel
CAD 10,455
13.2%
7
Egypt
CAD 9,413
21.8%
8
Lebanon
CAD 9,292
22.8%
9
Turkey
CAD 7,124
40.8%
10
Show more
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.