Income tax calculator Ontario
Find out how much your salary is after tax
Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$18,503
Federal tax deduction
- $2,410
Provincial tax deduction
- $876
CPP deduction
- $855
EI deduction
- $292
Total tax
- $4,434
Net pay
*
$14,069
Marginal tax rate
25.9%
Average tax rate
24.0%
76.0%
Net pay
24.0%
Total tax
Total tax
Net pay
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The Taxberg
$14,069
Net pay
$1,264
Tax the employer pays
$4,434
Tax you pay
Total tax paid
$5,699
Did you know your employer also pays tax on your salary? It costs the employer $1,264 to pay you $18,503. 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.
Summary
If you make $18,503 a year living in the region of Ontario, Canada, you will be taxed $4,434. That means that your net pay will be $14,069 per year, or $1,172 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
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 15,078
18.5%
1
British Columbia
CAD 14,558
21.3%
2
Nunavut
CAD 14,251
23.0%
3
Ontario
CAD 14,069
24.0%
4
Northwest Territories
CAD 13,921
24.8%
5
Yukon
CAD 13,917
24.8%
6
Newfoundland and Labrador
CAD 13,435
27.4%
7
Nova Scotia
CAD 13,420
27.5%
8
New Brunswick
CAD 13,314
28.0%
9
Prince Edward Island
CAD 13,244
28.4%
10
Alberta
CAD 13,210
28.6%
11
Saskatchewan
CAD 13,123
29.1%
12
Manitoba
CAD 13,071
29.4%
13
Show more
North America
Country
Net pay
Average tax
Rank
USA
CAD 16,580
10.4%
1
Canada
CAD 14,069
24.0%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
CAD 18,138
2.0%
1
Hong Kong
CAD 17,578
5.0%
2
Thailand
CAD 17,230
6.9%
3
Taiwan
CAD 16,865
8.9%
4
Pakistan
CAD 16,333
11.7%
5
South Korea
CAD 16,197
12.5%
6
Malaysia
CAD 15,900
14.1%
7
New Zealand
CAD 15,821
14.5%
8
Indonesia
CAD 15,777
14.7%
9
Philippines
CAD 15,253
17.6%
10
Japan
CAD 15,035
18.7%
11
Singapore
CAD 14,803
20.0%
12
Kazakhstan
CAD 14,656
20.8%
13
Vietnam
CAD 14,339
22.5%
14
India
CAD 13,736
25.8%
15
China
CAD 13,114
29.1%
16
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Latin America
Country
Net pay
Average tax
Rank
Puerto Rico
CAD 16,976
8.3%
1
Guatemala
CAD 16,729
9.6%
2
Ecuador
CAD 16,706
9.7%
3
Colombia
CAD 16,700
9.7%
4
Costa Rica
CAD 16,560
10.5%
5
Panama
CAD 16,298
11.9%
6
Mexico
CAD 15,246
17.6%
7
Chile
CAD 15,179
18.0%
8
Uruguay
CAD 14,747
20.3%
9
Peru
CAD 14,434
22.0%
10
Brazil
CAD 14,413
22.1%
11
Argentina
CAD 12,017
35.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
CAD 16,195
12.5%
1
Mozambique
CAD 14,090
23.9%
2
Morocco
CAD 14,054
24.1%
3
Angola
CAD 13,702
26.0%
4
Ivory Coast
CAD 13,687
26.0%
5
Kenya
CAD 13,658
26.2%
6
Ghana
CAD 13,480
27.2%
7
Cameroon
CAD 13,031
29.6%
8
Nigeria
CAD 12,759
31.0%
9
Uganda
CAD 12,436
32.8%
10
Senegal
CAD 12,373
33.1%
11
Zambia
CAD 11,786
36.3%
12
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Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
CAD 17,578
5.0%
1
Qatar
CAD 17,578
5.0%
2
Bahrain
CAD 17,023
8.0%
3
Oman
CAD 17,023
8.0%
4
Saudi Arabia
CAD 16,653
10.0%
5
Kuwait
CAD 16,468
11.0%
6
Israel
CAD 16,070
13.2%
7
Egypt
CAD 14,262
22.9%
8
Lebanon
CAD 14,141
23.6%
9
Turkey
CAD 10,226
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.