Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$12,520
Federal tax deduction
- $1,578
Provincial tax deduction
- $596
CPP deduction
- $514
EI deduction
- $198
Total tax
- $2,886
Net pay
* $9,634
Marginal tax rate
25.9%
Average tax rate
23.1%
76.9%
Net pay
23.1%
Total tax
Total tax
Net pay
The Taxberg
$9,634
Net pay
$791
Tax the employer pays
$2,886
Tax you pay
Total tax paid
$3,678
Did you know your employer also pays tax on your salary? It costs the employer $791 to pay you $12,520. 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 23.1% tax rate now rises to 27.6%, meaning your real tax rate is actually 4.5% higher than what it seemed at first.
People also ask
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What is the average salary in Canada?
Summary
If you make $12,520 a year living in the region of Ontario, Canada, you will be taxed $2,886. That means that your net pay will be $9,634 per year, or $803 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 $25.87, 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 10,442
16.6%
1
British Columbia
CAD 10,123
19.1%
2
Nunavut
CAD 9,758
22.1%
3
Ontario
CAD 9,634
23.1%
4
Yukon
CAD 9,557
23.7%
5
Northwest Territories
CAD 9,533
23.9%
6
Newfoundland and Labrador
CAD 9,203
26.5%
7
Nova Scotia
CAD 9,192
26.6%
8
New Brunswick
CAD 9,120
27.2%
9
Prince Edward Island
CAD 9,073
27.5%
10
Alberta
CAD 9,049
27.7%
11
Saskatchewan
CAD 8,990
28.2%
12
Manitoba
CAD 8,955
28.5%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 12,520
0.0%
1
Ireland
CAD 12,520
0.0%
2
Spain
CAD 11,725
6.4%
3
Italy
CAD 11,717
6.4%
4
Switzerland
CAD 11,631
7.1%
5
Norway
CAD 11,518
8.0%
6
France
CAD 11,306
9.7%
7
Luxembourg
CAD 11,105
11.3%
8
Czech Republic
CAD 11,059
11.7%
9
Russia
CAD 10,892
13.0%
10
Austria
CAD 10,645
15.0%
11
Hungary
CAD 10,204
18.5%
12
Ukraine
CAD 10,079
19.5%
13
Germany
CAD 10,057
19.7%
14
Sweden
CAD 9,838
21.4%
15
Greece
CAD 9,784
21.9%
16
Poland
CAD 9,731
22.3%
17
Portugal
CAD 9,160
26.8%
18
Finland
CAD 8,670
30.8%
19
Belgium
CAD 8,514
32.0%
20
Denmark
CAD 8,339
33.4%
21
Netherlands
CAD 7,878
37.1%
22
Romania
CAD 7,324
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 11,367
9.2%
1
Canada
CAD 9,634
23.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 12,520
0.0%
1
Hong Kong
CAD 12,520
0.0%
2
Thailand
CAD 11,839
5.4%
3
Pakistan
CAD 11,581
7.5%
4
Taiwan
CAD 11,412
8.9%
5
Malaysia
CAD 11,050
11.7%
6
South Korea
CAD 11,032
11.9%
7
New Zealand
CAD 10,969
12.4%
8
Indonesia
CAD 10,844
13.4%
9
Philippines
CAD 10,793
13.8%
10
Japan
CAD 10,174
18.7%
11
Vietnam
CAD 10,020
20.0%
12
Singapore
CAD 10,016
20.0%
13
India
CAD 9,919
20.8%
14
Kazakhstan
CAD 9,916
20.8%
15
China
CAD 8,941
28.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 11,525
8.0%
1
Colombia
CAD 11,518
8.0%
2
Ecuador
CAD 11,337
9.5%
3
Guatemala
CAD 11,320
9.6%
4
Costa Rica
CAD 11,205
10.5%
5
Panama
CAD 11,143
11.0%
6
Peru
CAD 10,955
12.5%
7
Mexico
CAD 10,707
14.5%
8
Brazil
CAD 10,563
15.6%
9
Chile
CAD 10,316
17.6%
10
Uruguay
CAD 10,003
20.1%
11
Argentina
CAD 8,128
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 11,411
8.9%
1
Morocco
CAD 10,193
18.6%
2
Mozambique
CAD 9,783
21.9%
3
Ivory Coast
CAD 9,611
23.2%
4
Cameroon
CAD 9,543
23.8%
5
Kenya
CAD 9,479
24.3%
6
Angola
CAD 9,334
25.5%
7
Ghana
CAD 9,240
26.2%
8
Nigeria
CAD 8,689
30.6%
9
Uganda
CAD 8,548
31.7%
10
Senegal
CAD 8,505
32.1%
11
Zambia
CAD 8,233
34.2%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 11,894
5.0%
1
Qatar
CAD 11,894
5.0%
2
Bahrain
CAD 11,518
8.0%
3
Oman
CAD 11,518
8.0%
4
Saudi Arabia
CAD 11,268
10.0%
5
Kuwait
CAD 11,143
11.0%
6
Israel
CAD 10,874
13.2%
7
Egypt
CAD 9,775
21.9%
8
Lebanon
CAD 9,654
22.9%
9
Turkey
CAD 7,366
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.