Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$20,020
Federal tax deduction
- $2,621
Provincial tax deduction
- $949
CPP deduction
- $942
EI deduction
- $316
Total tax
- $4,828
Net pay
* $15,192
Marginal tax rate
31.9%
Average tax rate
24.1%
75.9%
Net pay
24.1%
Total tax
Total tax
Net pay
The Taxberg
$15,192
Net pay
$1,384
Tax the employer pays
$4,828
Tax you pay
Total tax paid
$6,212
Did you know your employer also pays tax on your salary? It costs the employer $1,384 to pay you $20,020. In other words, every time you spend $10 of your hard-earned money, $3.10 goes to the government.
Real tax rate
29.0%
So, with you and the employer both paying tax, what used to be a 24.1% tax rate now rises to 29.0%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
People also ask
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Summary
If you make $20,020 a year living in the region of Ontario, Canada, you will be taxed $4,828. That means that your net pay will be $15,192 per year, or $1,266 per month. Your average tax rate is 24.1% and your marginal tax rate is 31.9%. 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 $31.87, hence, your net pay will only increase by $68.13.
Bonus Example
A $1,000 bonus will generate an extra $681 of net incomes. A $5,000 bonus will generate an extra $3,407 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
$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
$28,500
$29,000
$29,500
$30,000
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 16,087
19.6%
1
British Columbia
CAD 15,682
21.7%
2
Nunavut
CAD 15,390
23.1%
3
Ontario
CAD 15,192
24.1%
4
Northwest Territories
CAD 15,034
24.9%
5
Yukon
CAD 15,022
25.0%
6
Newfoundland and Labrador
CAD 14,508
27.5%
7
Nova Scotia
CAD 14,492
27.6%
8
New Brunswick
CAD 14,377
28.2%
9
Prince Edward Island
CAD 14,302
28.6%
10
Alberta
CAD 14,265
28.7%
11
Saskatchewan
CAD 14,171
29.2%
12
Manitoba
CAD 14,114
29.5%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 17,761
11.3%
1
Canada
CAD 15,192
24.1%
2
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 18,271
8.7%
1
Guatemala
CAD 18,100
9.6%
2
Ecuador
CAD 18,011
10.0%
3
Colombia
CAD 17,995
10.1%
4
Costa Rica
CAD 17,918
10.5%
5
Panama
CAD 17,446
12.9%
6
Mexico
CAD 16,397
18.1%
7
Chile
CAD 16,379
18.2%
8
Uruguay
CAD 15,845
20.9%
9
Peru
CAD 15,576
22.2%
10
Brazil
CAD 15,359
23.3%
11
Argentina
CAD 13,003
35.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 19,019
5.0%
1
Qatar
CAD 19,019
5.0%
2
Bahrain
CAD 18,418
8.0%
3
Oman
CAD 18,418
8.0%
4
Saudi Arabia
CAD 18,018
10.0%
5
Kuwait
CAD 17,818
11.0%
6
Israel
CAD 17,387
13.2%
7
Egypt
CAD 15,400
23.1%
8
Lebanon
CAD 15,279
23.7%
9
Turkey
CAD 11,141
44.4%
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.