Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$20,676
Federal tax deduction
- $2,713
Provincial tax deduction
- $1,019
CPP deduction
- $979
EI deduction
- $327
Total tax
- $5,037
Net pay
* $15,639
Marginal tax rate
31.9%
Average tax rate
24.4%
75.6%
Net pay
24.4%
Total tax
Total tax
Net pay
The Taxberg
$15,639
Net pay
$1,436
Tax the employer pays
$5,037
Tax you pay
Total tax paid
$6,473
Did you know your employer also pays tax on your salary? It costs the employer $1,436 to pay you $20,676. In other words, every time you spend $10 of your hard-earned money, $3.13 goes to the government.
Real tax rate
29.3%
So, with you and the employer both paying tax, what used to be a 24.4% tax rate now rises to 29.3%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
People also ask
$20,676 yearly is how much per hour?
$10.60 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $20,676 a year living in the region of Ontario, Canada, you will be taxed $5,037. That means that your net pay will be $15,639 per year, or $1,303 per month. Your average tax rate is 24.4% 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
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 20,676
0.0%
1
Ireland
CAD 20,537
0.7%
2
Spain
CAD 19,363
6.4%
3
Switzerland
CAD 19,230
7.0%
4
France
CAD 18,292
11.5%
5
Norway
CAD 18,184
12.1%
6
Russia
CAD 17,988
13.0%
7
Luxembourg
CAD 17,896
13.5%
8
Austria
CAD 17,579
15.0%
9
Italy
CAD 17,373
16.0%
10
Czech Republic
CAD 17,104
17.3%
11
Hungary
CAD 16,851
18.5%
12
Ukraine
CAD 16,644
19.5%
13
Germany
CAD 16,608
19.7%
14
Greece
CAD 15,779
23.7%
15
Sweden
CAD 15,653
24.3%
16
Poland
CAD 14,939
27.8%
17
Portugal
CAD 14,281
30.9%
18
Finland
CAD 14,091
31.9%
19
Belgium
CAD 14,033
32.1%
20
Denmark
CAD 13,826
33.1%
21
Netherlands
CAD 13,011
37.1%
22
Romania
CAD 12,095
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 18,272
11.6%
1
Canada
CAD 15,639
24.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 19,821
4.1%
1
Hong Kong
CAD 19,642
5.0%
2
Thailand
CAD 19,124
7.5%
3
Taiwan
CAD 18,847
8.9%
4
South Korea
CAD 18,032
12.8%
5
Pakistan
CAD 17,976
13.1%
6
Malaysia
CAD 17,602
14.9%
7
New Zealand
CAD 17,584
15.0%
8
Indonesia
CAD 17,534
15.2%
9
Philippines
CAD 16,820
18.7%
10
Japan
CAD 16,759
18.9%
11
Singapore
CAD 16,546
20.0%
12
Kazakhstan
CAD 16,400
20.7%
13
Vietnam
CAD 15,894
23.1%
14
India
CAD 14,970
27.6%
15
China
CAD 14,630
29.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 18,831
8.9%
1
Guatemala
CAD 18,693
9.6%
2
Ecuador
CAD 18,576
10.2%
3
Costa Rica
CAD 18,505
10.5%
4
Colombia
CAD 18,503
10.5%
5
Panama
CAD 17,942
13.2%
6
Chile
CAD 16,898
18.3%
7
Mexico
CAD 16,895
18.3%
8
Uruguay
CAD 16,317
21.1%
9
Peru
CAD 16,070
22.3%
10
Brazil
CAD 15,795
23.6%
11
Argentina
CAD 13,430
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 17,803
13.9%
1
Mozambique
CAD 15,655
24.3%
2
Morocco
CAD 15,456
25.3%
3
Angola
CAD 15,283
26.1%
4
Kenya
CAD 15,179
26.6%
5
Ivory Coast
CAD 15,118
26.9%
6
Ghana
CAD 15,020
27.4%
7
Cameroon
CAD 14,327
30.7%
8
Nigeria
CAD 14,237
31.1%
9
Uganda
CAD 13,849
33.0%
10
Senegal
CAD 13,742
33.5%
11
Zambia
CAD 13,123
36.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 19,642
5.0%
1
Qatar
CAD 19,642
5.0%
2
Bahrain
CAD 19,022
8.0%
3
Oman
CAD 19,022
8.0%
4
Saudi Arabia
CAD 18,608
10.0%
5
Kuwait
CAD 18,402
11.0%
6
Israel
CAD 17,957
13.2%
7
Egypt
CAD 15,892
23.1%
8
Lebanon
CAD 15,771
23.7%
9
Turkey
CAD 11,556
44.1%
10
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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.