Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$18,042
Federal tax deduction
- $2,346
Provincial tax deduction
- $855
CPP deduction
- $829
EI deduction
- $285
Total tax
- $4,315
Net pay
* $13,727
Marginal tax rate
25.9%
Average tax rate
23.9%
76.1%
Net pay
23.9%
Total tax
Total tax
Net pay
The Taxberg
$13,727
Net pay
$1,228
Tax the employer pays
$4,315
Tax you pay
Total tax paid
$5,543
Did you know your employer also pays tax on your salary? It costs the employer $1,228 to pay you $18,042. In other words, every time you spend $10 of your hard-earned money, $3.07 goes to the government.
Real tax rate
28.8%
So, with you and the employer both paying tax, what used to be a 23.9% tax rate now rises to 28.8%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
People also ask
$18,042 yearly is how much per hour?
$9.25 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $18,042 a year living in the region of Ontario, Canada, you will be taxed $4,315. That means that your net pay will be $13,727 per year, or $1,144 per month. Your average tax rate is 23.9% 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
$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
$26,500
$27,000
$27,500
$28,000
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 18,042
0.0%
1
Ireland
CAD 18,042
0.0%
2
Spain
CAD 16,896
6.4%
3
Switzerland
CAD 16,777
7.0%
4
France
CAD 16,175
10.4%
5
Norway
CAD 16,074
10.9%
6
Luxembourg
CAD 15,828
12.3%
7
Italy
CAD 15,770
12.6%
8
Russia
CAD 15,697
13.0%
9
Austria
CAD 15,340
15.0%
10
Czech Republic
CAD 15,154
16.0%
11
Hungary
CAD 14,704
18.5%
12
Ukraine
CAD 14,524
19.5%
13
Germany
CAD 14,492
19.7%
14
Greece
CAD 14,014
22.3%
15
Sweden
CAD 13,887
23.0%
16
Poland
CAD 13,257
26.5%
17
Portugal
CAD 12,688
29.7%
18
Finland
CAD 12,494
30.8%
19
Belgium
CAD 12,269
32.0%
20
Denmark
CAD 12,054
33.2%
21
Netherlands
CAD 11,354
37.1%
22
Romania
CAD 10,555
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 16,211
10.2%
1
Canada
CAD 13,727
23.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 17,773
1.5%
1
Hong Kong
CAD 17,140
5.0%
2
Thailand
CAD 16,816
6.8%
3
Taiwan
CAD 16,445
8.9%
4
Pakistan
CAD 15,970
11.5%
5
South Korea
CAD 15,802
12.4%
6
Malaysia
CAD 15,524
14.0%
7
New Zealand
CAD 15,447
14.4%
8
Indonesia
CAD 15,397
14.7%
9
Philippines
CAD 14,921
17.3%
10
Japan
CAD 14,661
18.7%
11
Singapore
CAD 14,437
20.0%
12
Kazakhstan
CAD 14,289
20.8%
13
Vietnam
CAD 14,009
22.4%
14
India
CAD 13,474
25.3%
15
China
CAD 12,793
29.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 16,579
8.1%
1
Guatemala
CAD 16,312
9.6%
2
Colombia
CAD 16,306
9.6%
3
Ecuador
CAD 16,306
9.6%
4
Costa Rica
CAD 16,148
10.5%
5
Panama
CAD 15,945
11.6%
6
Mexico
CAD 14,897
17.4%
7
Chile
CAD 14,815
17.9%
8
Uruguay
CAD 14,397
20.2%
9
Brazil
CAD 14,126
21.7%
10
Peru
CAD 14,088
21.9%
11
Argentina
CAD 11,718
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 15,854
12.1%
1
Mozambique
CAD 13,758
23.7%
2
Morocco
CAD 13,756
23.8%
3
Ivory Coast
CAD 13,384
25.8%
4
Angola
CAD 13,366
25.9%
5
Kenya
CAD 13,335
26.1%
6
Ghana
CAD 13,153
27.1%
7
Cameroon
CAD 12,762
29.3%
8
Nigeria
CAD 12,445
31.0%
9
Uganda
CAD 12,137
32.7%
10
Senegal
CAD 12,078
33.1%
11
Zambia
CAD 11,503
36.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 17,140
5.0%
1
Qatar
CAD 17,140
5.0%
2
Bahrain
CAD 16,599
8.0%
3
Oman
CAD 16,599
8.0%
4
Saudi Arabia
CAD 16,238
10.0%
5
Kuwait
CAD 16,057
11.0%
6
Israel
CAD 15,669
13.2%
7
Egypt
CAD 13,916
22.9%
8
Lebanon
CAD 13,795
23.5%
9
Turkey
CAD 10,050
44.3%
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.