Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$16,920
Federal tax deduction
- $2,190
Provincial tax deduction
- $802
CPP deduction
- $765
EI deduction
- $267
Total tax
- $4,025
Net pay
* $12,895
Marginal tax rate
25.9%
Average tax rate
23.8%
76.2%
Net pay
23.8%
Total tax
Total tax
Net pay
The Taxberg
$12,895
Net pay
$1,139
Tax the employer pays
$4,025
Tax you pay
Total tax paid
$5,164
Did you know your employer also pays tax on your salary? It costs the employer $1,139 to pay you $16,920. In other words, every time you spend $10 of your hard-earned money, $3.05 goes to the government.
Real tax rate
28.6%
So, with you and the employer both paying tax, what used to be a 23.8% tax rate now rises to 28.6%, meaning your real tax rate is actually 4.8% higher than what it seemed at first.
People also ask
$16,920 yearly is how much per hour?
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What is the average salary in Canada?
Summary
If you make $16,920 a year living in the region of Ontario, Canada, you will be taxed $4,025. That means that your net pay will be $12,895 per year, or $1,075 per month. Your average tax rate is 23.8% 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
$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
$25,500
$26,000
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 13,989
17.3%
1
British Columbia
CAD 13,385
20.9%
2
Nunavut
CAD 13,062
22.8%
3
Ontario
CAD 12,895
23.8%
4
Northwest Territories
CAD 12,760
24.6%
5
Yukon
CAD 12,763
24.6%
6
Newfoundland and Labrador
CAD 12,315
27.2%
7
Nova Scotia
CAD 12,301
27.3%
8
New Brunswick
CAD 12,204
27.9%
9
Prince Edward Island
CAD 12,141
28.2%
10
Alberta
CAD 12,109
28.4%
11
Saskatchewan
CAD 12,029
28.9%
12
Manitoba
CAD 11,982
29.2%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 16,920
0.0%
1
Ireland
CAD 16,920
0.0%
2
Spain
CAD 15,846
6.4%
3
Switzerland
CAD 15,731
7.0%
4
France
CAD 15,241
9.9%
5
Norway
CAD 15,175
10.3%
6
Italy
CAD 15,087
10.8%
7
Luxembourg
CAD 14,920
11.8%
8
Russia
CAD 14,720
13.0%
9
Austria
CAD 14,386
15.0%
10
Czech Republic
CAD 14,324
15.3%
11
Hungary
CAD 13,790
18.5%
12
Ukraine
CAD 13,621
19.5%
13
Germany
CAD 13,591
19.7%
14
Greece
CAD 13,199
22.0%
15
Sweden
CAD 13,123
22.4%
16
Poland
CAD 12,540
25.9%
17
Portugal
CAD 12,009
29.0%
18
Finland
CAD 11,717
30.8%
19
Belgium
CAD 11,506
32.0%
20
Denmark
CAD 11,299
33.2%
21
Netherlands
CAD 10,648
37.1%
22
Romania
CAD 9,898
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 15,231
10.0%
1
Canada
CAD 12,895
23.8%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 16,847
0.4%
1
Hong Kong
CAD 16,074
5.0%
2
Thailand
CAD 15,806
6.6%
3
Taiwan
CAD 15,422
8.9%
4
Pakistan
CAD 15,086
10.8%
5
South Korea
CAD 14,841
12.3%
6
Malaysia
CAD 14,620
13.6%
7
New Zealand
CAD 14,537
14.1%
8
Indonesia
CAD 14,472
14.5%
9
Philippines
CAD 14,093
16.7%
10
Japan
CAD 13,749
18.7%
11
Singapore
CAD 13,543
20.0%
12
Kazakhstan
CAD 13,401
20.8%
13
Vietnam
CAD 13,205
22.0%
14
India
CAD 12,837
24.1%
15
China
CAD 12,010
29.0%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 15,582
7.9%
1
Colombia
CAD 15,349
9.3%
2
Ecuador
CAD 15,306
9.5%
3
Guatemala
CAD 15,298
9.6%
4
Costa Rica
CAD 15,143
10.5%
5
Panama
CAD 15,043
11.1%
6
Mexico
CAD 14,045
17.0%
7
Chile
CAD 13,927
17.7%
8
Uruguay
CAD 13,519
20.1%
9
Brazil
CAD 13,426
20.7%
10
Peru
CAD 13,243
21.7%
11
Argentina
CAD 10,988
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 14,980
11.5%
1
Morocco
CAD 13,033
23.0%
2
Mozambique
CAD 12,951
23.5%
3
Ivory Coast
CAD 12,643
25.3%
4
Kenya
CAD 12,550
25.8%
5
Angola
CAD 12,549
25.8%
6
Ghana
CAD 12,358
27.0%
7
Cameroon
CAD 12,108
28.4%
8
Nigeria
CAD 11,682
31.0%
9
Uganda
CAD 11,408
32.6%
10
Senegal
CAD 11,352
32.9%
11
Zambia
CAD 10,813
36.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 16,074
5.0%
1
Qatar
CAD 16,074
5.0%
2
Bahrain
CAD 15,566
8.0%
3
Oman
CAD 15,566
8.0%
4
Saudi Arabia
CAD 15,228
10.0%
5
Kuwait
CAD 15,059
11.0%
6
Israel
CAD 14,695
13.2%
7
Egypt
CAD 13,075
22.7%
8
Lebanon
CAD 12,954
23.4%
9
Turkey
CAD 9,577
43.4%
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.