Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$14,985
Federal tax deduction
- $1,921
Provincial tax deduction
- $712
CPP deduction
- $655
EI deduction
- $237
Total tax
- $3,524
Net pay
* $11,461
Marginal tax rate
25.9%
Average tax rate
23.5%
76.5%
Net pay
23.5%
Total tax
Total tax
Net pay
The Taxberg
$11,461
Net pay
$986
Tax the employer pays
$3,524
Tax you pay
Total tax paid
$4,510
Did you know your employer also pays tax on your salary? It costs the employer $986 to pay you $14,985. In other words, every time you spend $10 of your hard-earned money, $3.01 goes to the government.
Real tax rate
28.2%
So, with you and the employer both paying tax, what used to be a 23.5% tax rate now rises to 28.2%, meaning your real tax rate is actually 4.7% higher than what it seemed at first.
People also ask
$14,985 yearly is how much per hour?
$7.68 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $14,985 a year living in the region of Ontario, Canada, you will be taxed $3,524. That means that your net pay will be $11,461 per year, or $955 per month. Your average tax rate is 23.5% 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.
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
$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
$22,500
$23,000
$23,500
$24,000
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 12,429
17.1%
1
British Columbia
CAD 11,950
20.3%
2
Nunavut
CAD 11,609
22.5%
3
Ontario
CAD 11,461
23.5%
4
Yukon
CAD 11,353
24.2%
5
Northwest Territories
CAD 11,341
24.3%
6
Newfoundland and Labrador
CAD 10,946
27.0%
7
Nova Scotia
CAD 10,934
27.0%
8
New Brunswick
CAD 10,848
27.6%
9
Prince Edward Island
CAD 10,791
28.0%
10
Alberta
CAD 10,763
28.2%
11
Saskatchewan
CAD 10,693
28.6%
12
Manitoba
CAD 10,651
28.9%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 14,985
0.0%
1
Ireland
CAD 14,985
0.0%
2
Spain
CAD 14,033
6.4%
3
Switzerland
CAD 13,928
7.1%
4
Italy
CAD 13,909
7.2%
5
Norway
CAD 13,625
9.1%
6
France
CAD 13,531
9.7%
7
Luxembourg
CAD 13,263
11.5%
8
Russia
CAD 13,037
13.0%
9
Czech Republic
CAD 12,892
14.0%
10
Austria
CAD 12,741
15.0%
11
Hungary
CAD 12,213
18.5%
12
Ukraine
CAD 12,063
19.5%
13
Germany
CAD 12,037
19.7%
14
Greece
CAD 11,711
21.9%
15
Sweden
CAD 11,692
22.0%
16
Poland
CAD 11,305
24.6%
17
Portugal
CAD 10,785
28.0%
18
Finland
CAD 10,377
30.8%
19
Belgium
CAD 10,190
32.0%
20
Denmark
CAD 9,997
33.3%
21
Netherlands
CAD 9,430
37.1%
22
Romania
CAD 8,766
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 13,532
9.7%
1
Canada
CAD 11,461
23.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 14,985
0.0%
1
Hong Kong
CAD 14,919
0.4%
2
Thailand
CAD 14,064
6.1%
3
Taiwan
CAD 13,659
8.9%
4
Pakistan
CAD 13,554
9.6%
5
South Korea
CAD 13,182
12.0%
6
Malaysia
CAD 13,141
12.3%
7
New Zealand
CAD 12,968
13.5%
8
Indonesia
CAD 12,876
14.1%
9
Philippines
CAD 12,642
15.6%
10
Japan
CAD 12,177
18.7%
11
Singapore
CAD 11,991
20.0%
12
Kazakhstan
CAD 11,868
20.8%
13
Vietnam
CAD 11,820
21.1%
14
India
CAD 11,575
22.8%
15
China
CAD 10,660
28.9%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 13,801
7.9%
1
Colombia
CAD 13,786
8.0%
2
Ecuador
CAD 13,569
9.5%
3
Guatemala
CAD 13,548
9.6%
4
Costa Rica
CAD 13,412
10.5%
5
Panama
CAD 13,337
11.0%
6
Mexico
CAD 12,578
16.1%
7
Chile
CAD 12,348
17.6%
8
Brazil
CAD 12,204
18.6%
9
Uruguay
CAD 11,973
20.1%
10
Peru
CAD 11,787
21.3%
11
Argentina
CAD 9,731
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 13,407
10.5%
1
Morocco
CAD 11,784
21.4%
2
Mozambique
CAD 11,557
22.9%
3
Ivory Coast
CAD 11,310
24.5%
4
Kenya
CAD 11,195
25.3%
5
Angola
CAD 11,139
25.7%
6
Ghana
CAD 10,987
26.7%
7
Cameroon
CAD 10,980
26.7%
8
Nigeria
CAD 10,366
30.8%
9
Uganda
CAD 10,150
32.3%
10
Senegal
CAD 10,108
32.6%
11
Zambia
CAD 9,627
35.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 14,236
5.0%
1
Qatar
CAD 14,236
5.0%
2
Bahrain
CAD 13,786
8.0%
3
Oman
CAD 13,786
8.0%
4
Saudi Arabia
CAD 13,486
10.0%
5
Kuwait
CAD 13,337
11.0%
6
Israel
CAD 13,014
13.2%
7
Egypt
CAD 11,624
22.4%
8
Lebanon
CAD 11,502
23.2%
9
Turkey
CAD 8,605
42.6%
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.