Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$18,740
Federal tax deduction
- $2,443
Provincial tax deduction
- $888
CPP deduction
- $869
EI deduction
- $296
Total tax
- $4,496
Net pay
* $14,244
Marginal tax rate
25.9%
Average tax rate
24.0%
76.0%
Net pay
24.0%
Total tax
Total tax
Net pay
The Taxberg
$14,244
Net pay
$1,283
Tax the employer pays
$4,496
Tax you pay
Total tax paid
$5,779
Did you know your employer also pays tax on your salary? It costs the employer $1,283 to pay you $18,740. In other words, every time you spend $10 of your hard-earned money, $3.08 goes to the government.
Real tax rate
28.9%
So, with you and the employer both paying tax, what used to be a 24% tax rate now rises to 28.9%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
People also ask
$18,740 yearly is how much per hour?
$9.61 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $18,740 a year living in the region of Ontario, Canada, you will be taxed $4,496. That means that your net pay will be $14,244 per year, or $1,187 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 15,236
18.7%
1
British Columbia
CAD 14,734
21.4%
2
Nunavut
CAD 14,429
23.0%
3
Ontario
CAD 14,244
24.0%
4
Northwest Territories
CAD 14,095
24.8%
5
Yukon
CAD 14,090
24.8%
6
Newfoundland and Labrador
CAD 13,603
27.4%
7
Nova Scotia
CAD 13,587
27.5%
8
New Brunswick
CAD 13,480
28.1%
9
Prince Edward Island
CAD 13,410
28.4%
10
Alberta
CAD 13,374
28.6%
11
Saskatchewan
CAD 13,287
29.1%
12
Manitoba
CAD 13,234
29.4%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 18,740
0.0%
1
Ireland
CAD 18,740
0.0%
2
Spain
CAD 17,550
6.4%
3
Switzerland
CAD 17,428
7.0%
4
France
CAD 16,736
10.7%
5
Norway
CAD 16,633
11.2%
6
Luxembourg
CAD 16,379
12.6%
7
Russia
CAD 16,304
13.0%
8
Italy
CAD 16,194
13.6%
9
Austria
CAD 15,933
15.0%
10
Czech Republic
CAD 15,671
16.4%
11
Hungary
CAD 15,273
18.5%
12
Ukraine
CAD 15,086
19.5%
13
Germany
CAD 15,053
19.7%
14
Greece
CAD 14,482
22.7%
15
Sweden
CAD 14,355
23.4%
16
Poland
CAD 13,703
26.9%
17
Portugal
CAD 13,110
30.0%
18
Finland
CAD 12,977
30.8%
19
Belgium
CAD 12,743
32.0%
20
Denmark
CAD 12,524
33.2%
21
Netherlands
CAD 11,792
37.1%
22
Romania
CAD 10,963
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 16,765
10.5%
1
Canada
CAD 14,244
24.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 18,322
2.2%
1
Hong Kong
CAD 17,803
5.0%
2
Thailand
CAD 17,444
6.9%
3
Taiwan
CAD 17,081
8.9%
4
Pakistan
CAD 16,519
11.9%
5
South Korea
CAD 16,400
12.5%
6
Malaysia
CAD 16,094
14.1%
7
New Zealand
CAD 16,014
14.6%
8
Indonesia
CAD 15,972
14.8%
9
Philippines
CAD 15,424
17.7%
10
Japan
CAD 15,227
18.8%
11
Singapore
CAD 14,992
20.0%
12
Kazakhstan
CAD 14,846
20.8%
13
Vietnam
CAD 14,508
22.6%
14
India
CAD 13,870
26.0%
15
China
CAD 13,280
29.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 17,178
8.3%
1
Guatemala
CAD 16,943
9.6%
2
Ecuador
CAD 16,910
9.8%
3
Colombia
CAD 16,902
9.8%
4
Costa Rica
CAD 16,772
10.5%
5
Panama
CAD 16,477
12.1%
6
Mexico
CAD 15,426
17.7%
7
Chile
CAD 15,367
18.0%
8
Uruguay
CAD 14,925
20.4%
9
Peru
CAD 14,613
22.0%
10
Brazil
CAD 14,561
22.3%
11
Argentina
CAD 12,171
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 16,370
12.7%
1
Mozambique
CAD 14,261
23.9%
2
Morocco
CAD 14,207
24.2%
3
Angola
CAD 13,875
26.0%
4
Ivory Coast
CAD 13,843
26.1%
5
Kenya
CAD 13,824
26.2%
6
Ghana
CAD 13,648
27.2%
7
Cameroon
CAD 13,169
29.7%
8
Nigeria
CAD 12,920
31.1%
9
Uganda
CAD 12,591
32.8%
10
Senegal
CAD 12,523
33.2%
11
Zambia
CAD 11,932
36.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 17,803
5.0%
1
Qatar
CAD 17,803
5.0%
2
Bahrain
CAD 17,241
8.0%
3
Oman
CAD 17,241
8.0%
4
Saudi Arabia
CAD 16,866
10.0%
5
Kuwait
CAD 16,679
11.0%
6
Israel
CAD 16,276
13.2%
7
Egypt
CAD 14,440
23.0%
8
Lebanon
CAD 14,319
23.6%
9
Turkey
CAD 10,332
44.9%
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.