Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$12,741
Federal tax deduction
- $1,609
Provincial tax deduction
- $607
CPP deduction
- $527
EI deduction
- $201
Total tax
- $2,944
Net pay
* $9,797
Marginal tax rate
25.9%
Average tax rate
23.1%
76.9%
Net pay
23.1%
Total tax
Total tax
Net pay
The Taxberg
$9,797
Net pay
$809
Tax the employer pays
$2,944
Tax you pay
Total tax paid
$3,752
Did you know your employer also pays tax on your salary? It costs the employer $809 to pay you $12,741. In other words, every time you spend $10 of your hard-earned money, $2.94 goes to the government.
Real tax rate
27.7%
So, with you and the employer both paying tax, what used to be a 23.1% tax rate now rises to 27.7%, meaning your real tax rate is actually 4.6% higher than what it seemed at first.
People also ask
$12,741 yearly is how much per hour?
$6.53 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $12,741 a year living in the region of Ontario, Canada, you will be taxed $2,944. That means that your net pay will be $9,797 per year, or $816 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 10,620
16.6%
1
British Columbia
CAD 10,287
19.3%
2
Nunavut
CAD 9,924
22.1%
3
Ontario
CAD 9,797
23.1%
4
Yukon
CAD 9,718
23.7%
5
Northwest Territories
CAD 9,695
23.9%
6
Newfoundland and Labrador
CAD 9,359
26.5%
7
Nova Scotia
CAD 9,348
26.6%
8
New Brunswick
CAD 9,275
27.2%
9
Prince Edward Island
CAD 9,227
27.6%
10
Alberta
CAD 9,203
27.8%
11
Saskatchewan
CAD 9,143
28.2%
12
Manitoba
CAD 9,107
28.5%
13
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 11,561
9.3%
1
Canada
CAD 9,797
23.1%
2
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 11,729
8.0%
1
Colombia
CAD 11,722
8.0%
2
Ecuador
CAD 11,537
9.5%
3
Guatemala
CAD 11,519
9.6%
4
Costa Rica
CAD 11,403
10.5%
5
Panama
CAD 11,339
11.0%
6
Peru
CAD 11,148
12.5%
7
Mexico
CAD 10,875
14.6%
8
Brazil
CAD 10,713
15.9%
9
Chile
CAD 10,499
17.6%
10
Uruguay
CAD 10,180
20.1%
11
Argentina
CAD 8,272
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 11,590
9.0%
1
Morocco
CAD 10,337
18.9%
2
Mozambique
CAD 9,942
22.0%
3
Ivory Coast
CAD 9,764
23.4%
4
Cameroon
CAD 9,672
24.1%
5
Kenya
CAD 9,632
24.4%
6
Angola
CAD 9,496
25.5%
7
Ghana
CAD 9,396
26.3%
8
Nigeria
CAD 8,840
30.6%
9
Uganda
CAD 8,691
31.8%
10
Senegal
CAD 8,649
32.1%
11
Zambia
CAD 8,358
34.4%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 12,104
5.0%
1
Qatar
CAD 12,104
5.0%
2
Bahrain
CAD 11,722
8.0%
3
Oman
CAD 11,722
8.0%
4
Saudi Arabia
CAD 11,467
10.0%
5
Kuwait
CAD 11,339
11.0%
6
Israel
CAD 11,066
13.2%
7
Egypt
CAD 9,941
22.0%
8
Lebanon
CAD 9,819
22.9%
9
Turkey
CAD 7,477
41.3%
10
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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.