Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$18,512
Federal tax deduction
- $2,412
Provincial tax deduction
- $877
CPP deduction
- $856
EI deduction
- $292
Total tax
- $4,437
Net pay
* $14,075
Marginal tax rate
25.9%
Average tax rate
24.0%
76.0%
Net pay
24.0%
Total tax
Total tax
Net pay
The Taxberg
$14,075
Net pay
$1,265
Tax the employer pays
$4,437
Tax you pay
Total tax paid
$5,702
Did you know your employer also pays tax on your salary? It costs the employer $1,265 to pay you $18,512. 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
$18,512 yearly is how much per hour?
$9.49 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $18,512 a year living in the region of Ontario, Canada, you will be taxed $4,437. That means that your net pay will be $14,075 per year, or $1,173 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
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 18,512
0.0%
1
Ireland
CAD 18,512
0.0%
2
Spain
CAD 17,336
6.4%
3
Switzerland
CAD 17,215
7.0%
4
France
CAD 16,553
10.6%
5
Norway
CAD 16,450
11.1%
6
Luxembourg
CAD 16,199
12.5%
7
Russia
CAD 16,105
13.0%
8
Italy
CAD 16,056
13.3%
9
Austria
CAD 15,739
15.0%
10
Czech Republic
CAD 15,502
16.3%
11
Hungary
CAD 15,087
18.5%
12
Ukraine
CAD 14,902
19.5%
13
Germany
CAD 14,870
19.7%
14
Greece
CAD 14,329
22.6%
15
Sweden
CAD 14,202
23.3%
16
Poland
CAD 13,557
26.8%
17
Portugal
CAD 12,972
29.9%
18
Finland
CAD 12,820
30.8%
19
Belgium
CAD 12,588
32.0%
20
Denmark
CAD 12,370
33.2%
21
Netherlands
CAD 11,649
37.1%
22
Romania
CAD 10,830
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 16,587
10.4%
1
Canada
CAD 14,075
24.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 18,145
2.0%
1
Hong Kong
CAD 17,586
5.0%
2
Thailand
CAD 17,239
6.9%
3
Taiwan
CAD 16,874
8.9%
4
Pakistan
CAD 16,340
11.7%
5
South Korea
CAD 16,205
12.5%
6
Malaysia
CAD 15,908
14.1%
7
New Zealand
CAD 15,829
14.5%
8
Indonesia
CAD 15,784
14.7%
9
Philippines
CAD 15,260
17.6%
10
Japan
CAD 15,043
18.7%
11
Singapore
CAD 14,811
20.0%
12
Kazakhstan
CAD 14,663
20.8%
13
Vietnam
CAD 14,345
22.5%
14
India
CAD 13,741
25.8%
15
China
CAD 13,121
29.1%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 16,984
8.3%
1
Guatemala
CAD 16,737
9.6%
2
Ecuador
CAD 16,714
9.7%
3
Colombia
CAD 16,708
9.8%
4
Costa Rica
CAD 16,568
10.5%
5
Panama
CAD 16,305
11.9%
6
Mexico
CAD 15,253
17.6%
7
Chile
CAD 15,186
18.0%
8
Uruguay
CAD 14,753
20.3%
9
Peru
CAD 14,441
22.0%
10
Brazil
CAD 14,419
22.1%
11
Argentina
CAD 12,023
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 16,201
12.5%
1
Mozambique
CAD 14,097
23.9%
2
Morocco
CAD 14,060
24.1%
3
Angola
CAD 13,709
26.0%
4
Ivory Coast
CAD 13,693
26.0%
5
Kenya
CAD 13,664
26.2%
6
Ghana
CAD 13,486
27.2%
7
Cameroon
CAD 13,036
29.6%
8
Nigeria
CAD 12,765
31.0%
9
Uganda
CAD 12,442
32.8%
10
Senegal
CAD 12,379
33.1%
11
Zambia
CAD 11,792
36.3%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 17,586
5.0%
1
Qatar
CAD 17,586
5.0%
2
Bahrain
CAD 17,031
8.0%
3
Oman
CAD 17,031
8.0%
4
Saudi Arabia
CAD 16,661
10.0%
5
Kuwait
CAD 16,476
11.0%
6
Israel
CAD 16,078
13.2%
7
Egypt
CAD 14,269
22.9%
8
Lebanon
CAD 14,148
23.6%
9
Turkey
CAD 10,229
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.