Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$12,974
Federal tax deduction
- $1,641
Provincial tax deduction
- $618
CPP deduction
- $540
EI deduction
- $205
Total tax
- $3,004
Net pay
* $9,970
Marginal tax rate
25.9%
Average tax rate
23.2%
76.8%
Net pay
23.2%
Total tax
Total tax
Net pay
The Taxberg
$9,970
Net pay
$827
Tax the employer pays
$3,004
Tax you pay
Total tax paid
$3,831
Did you know your employer also pays tax on your salary? It costs the employer $827 to pay you $12,974. In other words, every time you spend $10 of your hard-earned money, $2.95 goes to the government.
Real tax rate
27.8%
So, with you and the employer both paying tax, what used to be a 23.2% tax rate now rises to 27.8%, meaning your real tax rate is actually 4.6% higher than what it seemed at first.
People also ask
$12,974 yearly is how much per hour?
$6.65 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $12,974 a year living in the region of Ontario, Canada, you will be taxed $3,004. That means that your net pay will be $9,970 per year, or $831 per month. Your average tax rate is 23.2% 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 10,808
16.7%
1
British Columbia
CAD 10,460
19.4%
2
Nunavut
CAD 10,099
22.2%
3
Ontario
CAD 9,970
23.2%
4
Yukon
CAD 9,887
23.8%
5
Northwest Territories
CAD 9,866
24.0%
6
Newfoundland and Labrador
CAD 9,524
26.6%
7
Nova Scotia
CAD 9,513
26.7%
8
New Brunswick
CAD 9,438
27.3%
9
Prince Edward Island
CAD 9,389
27.6%
10
Alberta
CAD 9,365
27.8%
11
Saskatchewan
CAD 9,304
28.3%
12
Manitoba
CAD 9,267
28.6%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 12,974
0.0%
1
Ireland
CAD 12,974
0.0%
2
Italy
CAD 12,371
4.7%
3
Spain
CAD 12,150
6.4%
4
Switzerland
CAD 12,054
7.1%
5
Norway
CAD 11,936
8.0%
6
France
CAD 11,716
9.7%
7
Luxembourg
CAD 11,503
11.3%
8
Czech Republic
CAD 11,404
12.1%
9
Russia
CAD 11,287
13.0%
10
Austria
CAD 11,031
15.0%
11
Hungary
CAD 10,574
18.5%
12
Ukraine
CAD 10,444
19.5%
13
Germany
CAD 10,421
19.7%
14
Sweden
CAD 10,179
21.5%
15
Greece
CAD 10,139
21.9%
16
Poland
CAD 10,021
22.8%
17
Portugal
CAD 9,460
27.1%
18
Finland
CAD 8,984
30.8%
19
Belgium
CAD 8,822
32.0%
20
Denmark
CAD 8,644
33.4%
21
Netherlands
CAD 8,164
37.1%
22
Romania
CAD 7,590
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 11,766
9.3%
1
Canada
CAD 9,970
23.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 12,974
0.0%
1
Hong Kong
CAD 12,974
0.0%
2
Thailand
CAD 12,253
5.6%
3
Pakistan
CAD 11,945
7.9%
4
Taiwan
CAD 11,826
8.9%
5
Malaysia
CAD 11,449
11.8%
6
South Korea
CAD 11,429
11.9%
7
New Zealand
CAD 11,337
12.6%
8
Indonesia
CAD 11,218
13.5%
9
Philippines
CAD 11,134
14.2%
10
Japan
CAD 10,542
18.7%
11
Singapore
CAD 10,383
20.0%
12
Vietnam
CAD 10,365
20.1%
13
Kazakhstan
CAD 10,275
20.8%
14
India
CAD 10,224
21.2%
15
China
CAD 9,258
28.6%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 11,944
7.9%
1
Colombia
CAD 11,936
8.0%
2
Ecuador
CAD 11,748
9.5%
3
Guatemala
CAD 11,730
9.6%
4
Costa Rica
CAD 11,612
10.5%
5
Panama
CAD 11,547
11.0%
6
Peru
CAD 11,352
12.5%
7
Mexico
CAD 11,052
14.8%
8
Brazil
CAD 10,869
16.2%
9
Chile
CAD 10,691
17.6%
10
Uruguay
CAD 10,366
20.1%
11
Argentina
CAD 8,423
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 11,778
9.2%
1
Morocco
CAD 10,487
19.2%
2
Mozambique
CAD 10,110
22.1%
3
Ivory Coast
CAD 9,924
23.5%
4
Cameroon
CAD 9,808
24.4%
5
Kenya
CAD 9,793
24.5%
6
Angola
CAD 9,666
25.5%
7
Ghana
CAD 9,561
26.3%
8
Nigeria
CAD 8,998
30.7%
9
Uganda
CAD 8,843
31.8%
10
Senegal
CAD 8,800
32.2%
11
Zambia
CAD 8,489
34.6%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 12,325
5.0%
1
Qatar
CAD 12,325
5.0%
2
Bahrain
CAD 11,936
8.0%
3
Oman
CAD 11,936
8.0%
4
Saudi Arabia
CAD 11,677
10.0%
5
Kuwait
CAD 11,547
11.0%
6
Israel
CAD 11,268
13.2%
7
Egypt
CAD 10,115
22.0%
8
Lebanon
CAD 9,994
23.0%
9
Turkey
CAD 7,594
41.5%
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.