Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$12,493
Federal tax deduction
- $1,574
Provincial tax deduction
- $595
CPP deduction
- $513
EI deduction
- $197
Total tax
- $2,879
Net pay
* $9,614
Marginal tax rate
25.9%
Average tax rate
23.0%
77.0%
Net pay
23.0%
Total tax
Total tax
Net pay
The Taxberg
$9,614
Net pay
$789
Tax the employer pays
$2,879
Tax you pay
Total tax paid
$3,668
Did you know your employer also pays tax on your salary? It costs the employer $789 to pay you $12,493. In other words, every time you spend $10 of your hard-earned money, $2.94 goes to the government.
Real tax rate
27.6%
So, with you and the employer both paying tax, what used to be a 23% tax rate now rises to 27.6%, meaning your real tax rate is actually 4.6% higher than what it seemed at first.
People also ask
$12,493 yearly is how much per hour?
$6.41 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $12,493 a year living in the region of Ontario, Canada, you will be taxed $2,879. That means that your net pay will be $9,614 per year, or $801 per month. Your average tax rate is 23.1% 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 $25.88, hence, your net pay will only increase by $74.12.
Bonus Example
A $1,000 bonus will generate an extra $741 of net incomes. A $5,000 bonus will generate an extra $3,706 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 10,421
16.6%
1
British Columbia
CAD 10,103
19.1%
2
Nunavut
CAD 9,737
22.1%
3
Ontario
CAD 9,614
23.0%
4
Yukon
CAD 9,537
23.7%
5
Northwest Territories
CAD 9,513
23.9%
6
Newfoundland and Labrador
CAD 9,183
26.5%
7
Nova Scotia
CAD 9,173
26.6%
8
New Brunswick
CAD 9,101
27.2%
9
Prince Edward Island
CAD 9,054
27.5%
10
Alberta
CAD 9,030
27.7%
11
Saskatchewan
CAD 8,971
28.2%
12
Manitoba
CAD 8,936
28.5%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 12,493
0.0%
1
Ireland
CAD 12,493
0.0%
2
Spain
CAD 11,700
6.4%
3
Italy
CAD 11,678
6.5%
4
Switzerland
CAD 11,606
7.1%
5
Norway
CAD 11,494
8.0%
6
France
CAD 11,281
9.7%
7
Luxembourg
CAD 11,082
11.3%
8
Czech Republic
CAD 11,038
11.6%
9
Russia
CAD 10,869
13.0%
10
Austria
CAD 10,622
15.0%
11
Hungary
CAD 10,182
18.5%
12
Ukraine
CAD 10,057
19.5%
13
Germany
CAD 10,035
19.7%
14
Sweden
CAD 9,818
21.4%
15
Greece
CAD 9,763
21.9%
16
Poland
CAD 9,714
22.3%
17
Portugal
CAD 9,142
26.8%
18
Finland
CAD 8,651
30.8%
19
Belgium
CAD 8,495
32.0%
20
Denmark
CAD 8,321
33.4%
21
Netherlands
CAD 7,861
37.1%
22
Romania
CAD 7,308
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 11,343
9.2%
1
Canada
CAD 9,614
23.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 12,493
0.0%
1
Hong Kong
CAD 12,493
0.0%
2
Thailand
CAD 11,815
5.4%
3
Pakistan
CAD 11,559
7.5%
4
Taiwan
CAD 11,387
8.9%
5
Malaysia
CAD 11,026
11.7%
6
South Korea
CAD 11,008
11.9%
7
New Zealand
CAD 10,947
12.4%
8
Indonesia
CAD 10,822
13.4%
9
Philippines
CAD 10,773
13.8%
10
Japan
CAD 10,152
18.7%
11
Vietnam
CAD 10,000
20.0%
12
Singapore
CAD 9,994
20.0%
13
India
CAD 9,901
20.8%
14
Kazakhstan
CAD 9,894
20.8%
15
China
CAD 8,922
28.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 11,500
8.0%
1
Colombia
CAD 11,494
8.0%
2
Ecuador
CAD 11,312
9.5%
3
Guatemala
CAD 11,295
9.6%
4
Costa Rica
CAD 11,181
10.5%
5
Panama
CAD 11,119
11.0%
6
Peru
CAD 10,931
12.5%
7
Mexico
CAD 10,687
14.5%
8
Brazil
CAD 10,544
15.6%
9
Chile
CAD 10,294
17.6%
10
Uruguay
CAD 9,982
20.1%
11
Argentina
CAD 8,111
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 11,389
8.8%
1
Morocco
CAD 10,175
18.6%
2
Mozambique
CAD 9,763
21.9%
3
Ivory Coast
CAD 9,593
23.2%
4
Cameroon
CAD 9,527
23.7%
5
Kenya
CAD 9,460
24.3%
6
Angola
CAD 9,314
25.5%
7
Ghana
CAD 9,221
26.2%
8
Nigeria
CAD 8,671
30.6%
9
Uganda
CAD 8,530
31.7%
10
Senegal
CAD 8,488
32.1%
11
Zambia
CAD 8,218
34.2%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 11,868
5.0%
1
Qatar
CAD 11,868
5.0%
2
Bahrain
CAD 11,494
8.0%
3
Oman
CAD 11,494
8.0%
4
Saudi Arabia
CAD 11,244
10.0%
5
Kuwait
CAD 11,119
11.0%
6
Israel
CAD 10,850
13.2%
7
Egypt
CAD 9,755
21.9%
8
Lebanon
CAD 9,633
22.9%
9
Turkey
CAD 7,353
41.2%
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.