Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$20,274
Federal tax deduction
- $2,657
Provincial tax deduction
- $976
CPP deduction
- $956
EI deduction
- $320
Total tax
- $4,909
Net pay
* $15,365
Marginal tax rate
31.9%
Average tax rate
24.2%
75.8%
Net pay
24.2%
Total tax
Total tax
Net pay
The Taxberg
$15,365
Net pay
$1,405
Tax the employer pays
$4,909
Tax you pay
Total tax paid
$6,313
Did you know your employer also pays tax on your salary? It costs the employer $1,405 to pay you $20,274. 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
$20,274 yearly is how much per hour?
$10.40 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $20,274 a year living in the region of Ontario, Canada, you will be taxed $4,909. That means that your net pay will be $15,365 per year, or $1,280 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 16,254
19.8%
1
British Columbia
CAD 15,865
21.7%
2
Nunavut
CAD 15,581
23.1%
3
Ontario
CAD 15,365
24.2%
4
Northwest Territories
CAD 15,220
24.9%
5
Yukon
CAD 15,208
25.0%
6
Newfoundland and Labrador
CAD 14,688
27.6%
7
Nova Scotia
CAD 14,671
27.6%
8
New Brunswick
CAD 14,555
28.2%
9
Prince Edward Island
CAD 14,479
28.6%
10
Alberta
CAD 14,441
28.8%
11
Saskatchewan
CAD 14,346
29.2%
12
Manitoba
CAD 14,289
29.5%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 20,274
0.0%
1
Ireland
CAD 20,175
0.5%
2
Spain
CAD 18,987
6.4%
3
Switzerland
CAD 18,857
7.0%
4
France
CAD 17,969
11.4%
5
Norway
CAD 17,862
11.9%
6
Russia
CAD 17,638
13.0%
7
Luxembourg
CAD 17,582
13.3%
8
Austria
CAD 17,238
15.0%
9
Italy
CAD 17,128
15.5%
10
Czech Republic
CAD 16,806
17.1%
11
Hungary
CAD 16,523
18.5%
12
Ukraine
CAD 16,321
19.5%
13
Germany
CAD 16,285
19.7%
14
Greece
CAD 15,509
23.5%
15
Sweden
CAD 15,383
24.1%
16
Poland
CAD 14,682
27.6%
17
Portugal
CAD 14,038
30.8%
18
Finland
CAD 13,879
31.5%
19
Belgium
CAD 13,767
32.1%
20
Denmark
CAD 13,556
33.1%
21
Netherlands
CAD 12,758
37.1%
22
Romania
CAD 11,860
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 17,959
11.4%
1
Canada
CAD 15,365
24.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 19,510
3.8%
1
Hong Kong
CAD 19,260
5.0%
2
Thailand
CAD 18,775
7.4%
3
Taiwan
CAD 18,480
8.9%
4
South Korea
CAD 17,694
12.7%
5
Pakistan
CAD 17,674
12.8%
6
Malaysia
CAD 17,295
14.7%
7
New Zealand
CAD 17,258
14.9%
8
Indonesia
CAD 17,218
15.1%
9
Philippines
CAD 16,530
18.5%
10
Japan
CAD 16,441
18.9%
11
Singapore
CAD 16,226
20.0%
12
Kazakhstan
CAD 16,077
20.7%
13
Vietnam
CAD 15,607
23.0%
14
India
CAD 14,742
27.3%
15
China
CAD 14,350
29.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 18,488
8.8%
1
Guatemala
CAD 18,330
9.6%
2
Ecuador
CAD 18,230
10.1%
3
Colombia
CAD 18,195
10.3%
4
Costa Rica
CAD 18,145
10.5%
5
Panama
CAD 17,638
13.0%
6
Mexico
CAD 16,590
18.2%
7
Chile
CAD 16,580
18.2%
8
Uruguay
CAD 16,028
20.9%
9
Peru
CAD 15,767
22.2%
10
Brazil
CAD 15,524
23.4%
11
Argentina
CAD 13,168
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 17,505
13.7%
1
Mozambique
CAD 15,366
24.2%
2
Morocco
CAD 15,196
25.1%
3
Angola
CAD 14,991
26.1%
4
Kenya
CAD 14,898
26.5%
5
Ivory Coast
CAD 14,853
26.7%
6
Ghana
CAD 14,735
27.3%
7
Cameroon
CAD 14,085
30.5%
8
Nigeria
CAD 13,964
31.1%
9
Uganda
CAD 13,588
33.0%
10
Senegal
CAD 13,489
33.5%
11
Zambia
CAD 12,875
36.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 19,260
5.0%
1
Qatar
CAD 19,260
5.0%
2
Bahrain
CAD 18,652
8.0%
3
Oman
CAD 18,652
8.0%
4
Saudi Arabia
CAD 18,247
10.0%
5
Kuwait
CAD 18,044
11.0%
6
Israel
CAD 17,608
13.2%
7
Egypt
CAD 15,590
23.1%
8
Lebanon
CAD 15,469
23.7%
9
Turkey
CAD 11,302
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.