Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$20,245
Federal tax deduction
- $2,653
Provincial tax deduction
- $973
CPP deduction
- $954
EI deduction
- $320
Total tax
- $4,900
Net pay
* $15,345
Marginal tax rate
31.9%
Average tax rate
24.2%
75.8%
Net pay
24.2%
Total tax
Total tax
Net pay
The Taxberg
$15,345
Net pay
$1,402
Tax the employer pays
$4,900
Tax you pay
Total tax paid
$6,302
Did you know your employer also pays tax on your salary? It costs the employer $1,402 to pay you $20,245. In other words, every time you spend $10 of your hard-earned money, $3.11 goes to the government.
Real tax rate
29.1%
So, with you and the employer both paying tax, what used to be a 24.2% tax rate now rises to 29.1%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
People also ask
$20,245 yearly is how much per hour?
$10.38 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $20,245 a year living in the region of Ontario, Canada, you will be taxed $4,900. That means that your net pay will be $15,345 per year, or $1,279 per month. Your average tax rate is 24.2% 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 16,235
19.8%
1
British Columbia
CAD 15,844
21.7%
2
Nunavut
CAD 15,559
23.1%
3
Ontario
CAD 15,345
24.2%
4
Northwest Territories
CAD 15,199
24.9%
5
Yukon
CAD 15,186
25.0%
6
Newfoundland and Labrador
CAD 14,668
27.5%
7
Nova Scotia
CAD 14,651
27.6%
8
New Brunswick
CAD 14,535
28.2%
9
Prince Edward Island
CAD 14,459
28.6%
10
Alberta
CAD 14,421
28.8%
11
Saskatchewan
CAD 14,326
29.2%
12
Manitoba
CAD 14,269
29.5%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 20,245
0.0%
1
Ireland
CAD 20,149
0.5%
2
Spain
CAD 18,959
6.4%
3
Switzerland
CAD 18,830
7.0%
4
France
CAD 17,946
11.4%
5
Norway
CAD 17,839
11.9%
6
Russia
CAD 17,613
13.0%
7
Luxembourg
CAD 17,559
13.3%
8
Austria
CAD 17,213
15.0%
9
Italy
CAD 17,110
15.5%
10
Czech Republic
CAD 16,785
17.1%
11
Hungary
CAD 16,500
18.5%
12
Ukraine
CAD 16,297
19.5%
13
Germany
CAD 16,262
19.7%
14
Greece
CAD 15,490
23.5%
15
Sweden
CAD 15,364
24.1%
16
Poland
CAD 14,664
27.6%
17
Portugal
CAD 14,021
30.7%
18
Finland
CAD 13,863
31.5%
19
Belgium
CAD 13,748
32.1%
20
Denmark
CAD 13,536
33.1%
21
Netherlands
CAD 12,740
37.1%
22
Romania
CAD 11,843
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 17,936
11.4%
1
Canada
CAD 15,345
24.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 19,487
3.7%
1
Hong Kong
CAD 19,233
5.0%
2
Thailand
CAD 18,750
7.4%
3
Taiwan
CAD 18,454
8.9%
4
South Korea
CAD 17,669
12.7%
5
Pakistan
CAD 17,653
12.8%
6
Malaysia
CAD 17,273
14.7%
7
New Zealand
CAD 17,234
14.9%
8
Indonesia
CAD 17,195
15.1%
9
Philippines
CAD 16,509
18.5%
10
Japan
CAD 16,418
18.9%
11
Singapore
CAD 16,203
20.0%
12
Kazakhstan
CAD 16,054
20.7%
13
Vietnam
CAD 15,586
23.0%
14
India
CAD 14,725
27.3%
15
China
CAD 14,329
29.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 18,463
8.8%
1
Guatemala
CAD 18,304
9.6%
2
Ecuador
CAD 18,205
10.1%
3
Colombia
CAD 18,172
10.2%
4
Costa Rica
CAD 18,119
10.5%
5
Panama
CAD 17,616
13.0%
6
Mexico
CAD 16,568
18.2%
7
Chile
CAD 16,557
18.2%
8
Uruguay
CAD 16,007
20.9%
9
Peru
CAD 15,745
22.2%
10
Brazil
CAD 15,505
23.4%
11
Argentina
CAD 13,150
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 17,484
13.6%
1
Mozambique
CAD 15,345
24.2%
2
Morocco
CAD 15,178
25.0%
3
Angola
CAD 14,970
26.1%
4
Kenya
CAD 14,877
26.5%
5
Ivory Coast
CAD 14,834
26.7%
6
Ghana
CAD 14,715
27.3%
7
Cameroon
CAD 14,068
30.5%
8
Nigeria
CAD 13,944
31.1%
9
Uganda
CAD 13,569
33.0%
10
Senegal
CAD 13,471
33.5%
11
Zambia
CAD 12,857
36.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 19,233
5.0%
1
Qatar
CAD 19,233
5.0%
2
Bahrain
CAD 18,625
8.0%
3
Oman
CAD 18,625
8.0%
4
Saudi Arabia
CAD 18,221
10.0%
5
Kuwait
CAD 18,018
11.0%
6
Israel
CAD 17,583
13.2%
7
Egypt
CAD 15,569
23.1%
8
Lebanon
CAD 15,447
23.7%
9
Turkey
CAD 11,284
44.3%
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.