Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$20,991
Federal tax deduction
- $2,756
Provincial tax deduction
- $1,052
CPP deduction
- $997
EI deduction
- $332
Total tax
- $5,137
Net pay
* $15,854
Marginal tax rate
31.9%
Average tax rate
24.5%
75.5%
Net pay
24.5%
Total tax
Total tax
Net pay
The Taxberg
$15,854
Net pay
$1,461
Tax the employer pays
$5,137
Tax you pay
Total tax paid
$6,599
Did you know your employer also pays tax on your salary? It costs the employer $1,461 to pay you $20,991. In other words, every time you spend $10 of your hard-earned money, $3.14 goes to the government.
Real tax rate
29.4%
So, with you and the employer both paying tax, what used to be a 24.5% tax rate now rises to 29.4%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
People also ask
$20,991 yearly is how much per hour?
$10.76 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $20,991 a year living in the region of Ontario, Canada, you will be taxed $5,137. That means that your net pay will be $15,854 per year, or $1,321 per month. Your average tax rate is 24.5% 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 16,725
20.3%
1
British Columbia
CAD 16,380
22.0%
2
Nunavut
CAD 16,120
23.2%
3
Ontario
CAD 15,854
24.5%
4
Northwest Territories
CAD 15,746
25.0%
5
Yukon
CAD 15,730
25.1%
6
Newfoundland and Labrador
CAD 15,195
27.6%
7
Nova Scotia
CAD 15,178
27.7%
8
New Brunswick
CAD 15,058
28.3%
9
Prince Edward Island
CAD 14,979
28.6%
10
Alberta
CAD 14,940
28.8%
11
Saskatchewan
CAD 14,842
29.3%
12
Manitoba
CAD 14,783
29.6%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 20,991
0.0%
1
Ireland
CAD 20,838
0.7%
2
Spain
CAD 19,560
6.8%
3
Switzerland
CAD 19,518
7.0%
4
France
CAD 18,546
11.7%
5
Norway
CAD 18,436
12.2%
6
Russia
CAD 18,262
13.0%
7
Luxembourg
CAD 18,141
13.6%
8
Austria
CAD 17,831
15.1%
9
Italy
CAD 17,565
16.3%
10
Czech Republic
CAD 17,337
17.4%
11
Hungary
CAD 17,108
18.5%
12
Ukraine
CAD 16,898
19.5%
13
Germany
CAD 16,847
19.7%
14
Greece
CAD 15,990
23.8%
15
Sweden
CAD 15,864
24.4%
16
Poland
CAD 15,140
27.9%
17
Portugal
CAD 14,472
31.1%
18
Finland
CAD 14,294
31.9%
19
Belgium
CAD 14,212
32.3%
20
Denmark
CAD 14,038
33.1%
21
Netherlands
CAD 13,209
37.1%
22
Romania
CAD 12,280
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 18,517
11.8%
1
Canada
CAD 15,854
24.5%
2
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 19,100
9.0%
1
Guatemala
CAD 18,978
9.6%
2
Ecuador
CAD 18,846
10.2%
3
Costa Rica
CAD 18,787
10.5%
4
Colombia
CAD 18,745
10.7%
5
Panama
CAD 18,180
13.4%
6
Chile
CAD 17,147
18.3%
7
Mexico
CAD 17,134
18.4%
8
Uruguay
CAD 16,543
21.2%
9
Peru
CAD 16,307
22.3%
10
Brazil
CAD 16,007
23.7%
11
Argentina
CAD 13,634
35.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 19,941
5.0%
1
Qatar
CAD 19,941
5.0%
2
Bahrain
CAD 19,312
8.0%
3
Oman
CAD 19,312
8.0%
4
Saudi Arabia
CAD 18,892
10.0%
5
Kuwait
CAD 18,682
11.0%
6
Israel
CAD 18,231
13.2%
7
Egypt
CAD 16,128
23.2%
8
Lebanon
CAD 16,007
23.7%
9
Turkey
CAD 11,755
44.0%
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.