Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$18,426
Federal tax deduction
- $2,400
Provincial tax deduction
- $873
CPP deduction
- $851
EI deduction
- $291
Total tax
- $4,414
Net pay
* $14,012
Marginal tax rate
25.9%
Average tax rate
24.0%
76.0%
Net pay
24.0%
Total tax
Total tax
Net pay
The Taxberg
$14,012
Net pay
$1,258
Tax the employer pays
$4,414
Tax you pay
Total tax paid
$5,673
Did you know your employer also pays tax on your salary? It costs the employer $1,258 to pay you $18,426. 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 24% tax rate now rises to 28.8%, meaning your real tax rate is actually 4.8% higher than what it seemed at first.
People also ask
$18,426 yearly is how much per hour?
$9.45 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $18,426 a year living in the region of Ontario, Canada, you will be taxed $4,414. That means that your net pay will be $14,012 per year, or $1,168 per month. Your average tax rate is 24.0% 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
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 15,027
18.4%
1
British Columbia
CAD 14,501
21.3%
2
Nunavut
CAD 14,193
23.0%
3
Ontario
CAD 14,012
24.0%
4
Northwest Territories
CAD 13,865
24.8%
5
Yukon
CAD 13,861
24.8%
6
Newfoundland and Labrador
CAD 13,381
27.4%
7
Nova Scotia
CAD 13,365
27.5%
8
New Brunswick
CAD 13,260
28.0%
9
Prince Edward Island
CAD 13,191
28.4%
10
Alberta
CAD 13,156
28.6%
11
Saskatchewan
CAD 13,070
29.1%
12
Manitoba
CAD 13,018
29.4%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 18,426
0.0%
1
Ireland
CAD 18,426
0.0%
2
Spain
CAD 17,256
6.4%
3
Switzerland
CAD 17,135
7.0%
4
France
CAD 16,483
10.5%
5
Norway
CAD 16,381
11.1%
6
Luxembourg
CAD 16,131
12.5%
7
Russia
CAD 16,031
13.0%
8
Italy
CAD 16,003
13.2%
9
Austria
CAD 15,666
15.0%
10
Czech Republic
CAD 15,439
16.2%
11
Hungary
CAD 15,017
18.5%
12
Ukraine
CAD 14,833
19.5%
13
Germany
CAD 14,801
19.7%
14
Greece
CAD 14,271
22.6%
15
Sweden
CAD 14,144
23.2%
16
Poland
CAD 13,502
26.7%
17
Portugal
CAD 12,920
29.9%
18
Finland
CAD 12,760
30.8%
19
Belgium
CAD 12,530
32.0%
20
Denmark
CAD 12,312
33.2%
21
Netherlands
CAD 11,595
37.1%
22
Romania
CAD 10,779
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 16,520
10.3%
1
Canada
CAD 14,012
24.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 18,078
1.9%
1
Hong Kong
CAD 17,505
5.0%
2
Thailand
CAD 17,161
6.9%
3
Taiwan
CAD 16,795
8.9%
4
Pakistan
CAD 16,272
11.7%
5
South Korea
CAD 16,131
12.5%
6
Malaysia
CAD 15,837
14.1%
7
New Zealand
CAD 15,759
14.5%
8
Indonesia
CAD 15,713
14.7%
9
Philippines
CAD 15,198
17.5%
10
Japan
CAD 14,973
18.7%
11
Singapore
CAD 14,742
20.0%
12
Kazakhstan
CAD 14,594
20.8%
13
Vietnam
CAD 14,283
22.5%
14
India
CAD 13,692
25.7%
15
China
CAD 13,061
29.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 16,911
8.2%
1
Guatemala
CAD 16,659
9.6%
2
Ecuador
CAD 16,640
9.7%
3
Colombia
CAD 16,634
9.7%
4
Costa Rica
CAD 16,491
10.5%
5
Panama
CAD 16,240
11.9%
6
Mexico
CAD 15,188
17.6%
7
Chile
CAD 15,118
18.0%
8
Uruguay
CAD 14,688
20.3%
9
Peru
CAD 14,377
22.0%
10
Brazil
CAD 14,365
22.0%
11
Argentina
CAD 11,967
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 16,138
12.4%
1
Mozambique
CAD 14,035
23.8%
2
Morocco
CAD 14,004
24.0%
3
Angola
CAD 13,646
25.9%
4
Ivory Coast
CAD 13,636
26.0%
5
Kenya
CAD 13,604
26.2%
6
Ghana
CAD 13,426
27.1%
7
Cameroon
CAD 12,986
29.5%
8
Nigeria
CAD 12,706
31.0%
9
Uganda
CAD 12,386
32.8%
10
Senegal
CAD 12,325
33.1%
11
Zambia
CAD 11,739
36.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 17,505
5.0%
1
Qatar
CAD 17,505
5.0%
2
Bahrain
CAD 16,952
8.0%
3
Oman
CAD 16,952
8.0%
4
Saudi Arabia
CAD 16,583
10.0%
5
Kuwait
CAD 16,399
11.0%
6
Israel
CAD 16,003
13.2%
7
Egypt
CAD 14,204
22.9%
8
Lebanon
CAD 14,083
23.6%
9
Turkey
CAD 10,196
44.7%
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.