Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$20,325
Federal tax deduction
- $2,664
Provincial tax deduction
- $981
CPP deduction
- $959
EI deduction
- $321
Total tax
- $4,925
Net pay
* $15,400
Marginal tax rate
31.9%
Average tax rate
24.2%
75.8%
Net pay
24.2%
Total tax
Total tax
Net pay
The Taxberg
$15,400
Net pay
$1,409
Tax the employer pays
$4,925
Tax you pay
Total tax paid
$6,334
Did you know your employer also pays tax on your salary? It costs the employer $1,409 to pay you $20,325. In other words, every time you spend $10 of your hard-earned money, $3.12 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
$20,325 yearly is how much per hour?
$10.42 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $20,325 a year living in the region of Ontario, Canada, you will be taxed $4,925. That means that your net pay will be $15,400 per year, or $1,283 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 16,287
19.9%
1
British Columbia
CAD 15,901
21.8%
2
Nunavut
CAD 15,619
23.2%
3
Ontario
CAD 15,400
24.2%
4
Northwest Territories
CAD 15,258
24.9%
5
Yukon
CAD 15,245
25.0%
6
Newfoundland and Labrador
CAD 14,724
27.6%
7
Nova Scotia
CAD 14,707
27.6%
8
New Brunswick
CAD 14,591
28.2%
9
Prince Edward Island
CAD 14,515
28.6%
10
Alberta
CAD 14,477
28.8%
11
Saskatchewan
CAD 14,381
29.2%
12
Manitoba
CAD 14,324
29.5%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 20,325
0.0%
1
Ireland
CAD 20,221
0.5%
2
Spain
CAD 19,034
6.4%
3
Switzerland
CAD 18,905
7.0%
4
France
CAD 18,010
11.4%
5
Norway
CAD 17,903
11.9%
6
Russia
CAD 17,683
13.0%
7
Luxembourg
CAD 17,622
13.3%
8
Austria
CAD 17,281
15.0%
9
Italy
CAD 17,159
15.6%
10
Czech Republic
CAD 16,844
17.1%
11
Hungary
CAD 16,565
18.5%
12
Ukraine
CAD 16,362
19.5%
13
Germany
CAD 16,326
19.7%
14
Greece
CAD 15,544
23.5%
15
Sweden
CAD 15,418
24.1%
16
Poland
CAD 14,715
27.6%
17
Portugal
CAD 14,069
30.8%
18
Finland
CAD 13,906
31.6%
19
Belgium
CAD 13,801
32.1%
20
Denmark
CAD 13,590
33.1%
21
Netherlands
CAD 12,790
37.1%
22
Romania
CAD 11,890
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 17,998
11.5%
1
Canada
CAD 15,400
24.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 19,549
3.8%
1
Hong Kong
CAD 19,309
5.0%
2
Thailand
CAD 18,819
7.4%
3
Taiwan
CAD 18,527
8.9%
4
South Korea
CAD 17,737
12.7%
5
Pakistan
CAD 17,713
12.9%
6
Malaysia
CAD 17,334
14.7%
7
New Zealand
CAD 17,299
14.9%
8
Indonesia
CAD 17,258
15.1%
9
Philippines
CAD 16,567
18.5%
10
Japan
CAD 16,482
18.9%
11
Singapore
CAD 16,266
20.0%
12
Kazakhstan
CAD 16,118
20.7%
13
Vietnam
CAD 15,643
23.0%
14
India
CAD 14,771
27.3%
15
China
CAD 14,385
29.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 18,531
8.8%
1
Guatemala
CAD 18,376
9.6%
2
Ecuador
CAD 18,274
10.1%
3
Colombia
CAD 18,234
10.3%
4
Costa Rica
CAD 18,191
10.5%
5
Panama
CAD 17,676
13.0%
6
Mexico
CAD 16,629
18.2%
7
Chile
CAD 16,621
18.2%
8
Uruguay
CAD 16,065
21.0%
9
Peru
CAD 15,806
22.2%
10
Brazil
CAD 15,559
23.5%
11
Argentina
CAD 13,202
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 17,543
13.7%
1
Mozambique
CAD 15,402
24.2%
2
Morocco
CAD 15,229
25.1%
3
Angola
CAD 15,028
26.1%
4
Kenya
CAD 14,933
26.5%
5
Ivory Coast
CAD 14,886
26.8%
6
Ghana
CAD 14,771
27.3%
7
Cameroon
CAD 14,116
30.6%
8
Nigeria
CAD 13,998
31.1%
9
Uganda
CAD 13,621
33.0%
10
Senegal
CAD 13,521
33.5%
11
Zambia
CAD 12,907
36.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 19,309
5.0%
1
Qatar
CAD 19,309
5.0%
2
Bahrain
CAD 18,699
8.0%
3
Oman
CAD 18,699
8.0%
4
Saudi Arabia
CAD 18,292
10.0%
5
Kuwait
CAD 18,089
11.0%
6
Israel
CAD 17,652
13.2%
7
Egypt
CAD 15,629
23.1%
8
Lebanon
CAD 15,507
23.7%
9
Turkey
CAD 11,334
44.2%
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.