Income tax calculator Ontario
Find out how much your salary is after tax
Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$18,231
Federal tax deduction
- $2,372
Provincial tax deduction
- $864
CPP deduction
- $840
EI deduction
- $288
Total tax
- $4,364
Net pay
*
$13,867
Marginal tax rate
25.9%
Average tax rate
23.9%
76.1%
Net pay
23.9%
Total tax
Total tax
Net pay
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The Taxberg
$13,867
Net pay
$1,243
Tax the employer pays
$4,364
Tax you pay
Total tax paid
$5,607
Did you know your employer also pays tax on your salary? It costs the employer $1,243 to pay you $18,231. In other words, every time you spend $10 of your hard-earned money, $3.08 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.
Summary
If you make $18,231 a year living in the region of Ontario, Canada, you will be taxed $4,364. That means that your net pay will be $13,867 per year, or $1,156 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
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 14,897
18.3%
1
British Columbia
CAD 14,356
21.3%
2
Nunavut
CAD 14,047
23.0%
3
Ontario
CAD 13,867
23.9%
4
Northwest Territories
CAD 13,722
24.7%
5
Yukon
CAD 13,719
24.8%
6
Newfoundland and Labrador
CAD 13,243
27.4%
7
Nova Scotia
CAD 13,227
27.4%
8
New Brunswick
CAD 13,123
28.0%
9
Prince Edward Island
CAD 13,055
28.4%
10
Alberta
CAD 13,021
28.6%
11
Saskatchewan
CAD 12,935
29.0%
12
Manitoba
CAD 12,884
29.3%
13
Show more
North America
Country
Net pay
Average tax
Rank
USA
CAD 16,368
10.2%
1
Canada
CAD 13,867
23.9%
2
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.