Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$15,984
Federal tax deduction
- $2,060
Provincial tax deduction
- $759
CPP deduction
- $712
EI deduction
- $253
Total tax
- $3,783
Net pay
* $12,201
Marginal tax rate
25.9%
Average tax rate
23.7%
76.3%
Net pay
23.7%
Total tax
Total tax
Net pay
The Taxberg
$12,201
Net pay
$1,065
Tax the employer pays
$3,783
Tax you pay
Total tax paid
$4,848
Did you know your employer also pays tax on your salary? It costs the employer $1,065 to pay you $15,984. In other words, every time you spend $10 of your hard-earned money, $3.03 goes to the government.
Real tax rate
28.4%
So, with you and the employer both paying tax, what used to be a 23.7% tax rate now rises to 28.4%, meaning your real tax rate is actually 4.7% higher than what it seemed at first.
People also ask
$15,984 yearly is how much per hour?
$8.20 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $15,984 a year living in the region of Ontario, Canada, you will be taxed $3,783. That means that your net pay will be $12,201 per year, or $1,017 per month. Your average tax rate is 23.7% 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
$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
$24,500
$25,000
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 13,235
17.2%
1
British Columbia
CAD 12,691
20.6%
2
Nunavut
CAD 12,359
22.7%
3
Ontario
CAD 12,201
23.7%
4
Yukon
CAD 12,081
24.4%
5
Northwest Territories
CAD 12,074
24.5%
6
Newfoundland and Labrador
CAD 11,653
27.1%
7
Nova Scotia
CAD 11,640
27.2%
8
New Brunswick
CAD 11,548
27.8%
9
Prince Edward Island
CAD 11,488
28.1%
10
Alberta
CAD 11,458
28.3%
11
Saskatchewan
CAD 11,383
28.8%
12
Manitoba
CAD 11,338
29.1%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 14,410
9.9%
1
Canada
CAD 12,201
23.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 15,984
0.0%
1
Hong Kong
CAD 15,185
5.0%
2
Thailand
CAD 14,963
6.4%
3
Taiwan
CAD 14,569
8.9%
4
Pakistan
CAD 14,349
10.2%
5
South Korea
CAD 14,039
12.2%
6
Malaysia
CAD 13,862
13.3%
7
New Zealand
CAD 13,778
13.8%
8
Indonesia
CAD 13,700
14.3%
9
Philippines
CAD 13,391
16.2%
10
Japan
CAD 12,988
18.7%
11
Singapore
CAD 12,790
20.0%
12
Kazakhstan
CAD 12,659
20.8%
13
Vietnam
CAD 12,535
21.6%
14
India
CAD 12,247
23.4%
15
China
CAD 11,357
29.0%
16
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 15,185
5.0%
1
Qatar
CAD 15,185
5.0%
2
Bahrain
CAD 14,705
8.0%
3
Oman
CAD 14,705
8.0%
4
Saudi Arabia
CAD 14,386
10.0%
5
Kuwait
CAD 14,226
11.0%
6
Israel
CAD 13,882
13.2%
7
Egypt
CAD 12,373
22.6%
8
Lebanon
CAD 12,252
23.4%
9
Turkey
CAD 9,107
43.0%
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.