Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$21,023
Federal tax deduction
- $2,761
Provincial tax deduction
- $1,056
CPP deduction
- $999
EI deduction
- $332
Total tax
- $5,148
Net pay
* $15,875
Marginal tax rate
31.9%
Average tax rate
24.5%
75.5%
Net pay
24.5%
Total tax
Total tax
Net pay
The Taxberg
$15,875
Net pay
$1,464
Tax the employer pays
$5,148
Tax you pay
Total tax paid
$6,611
Did you know your employer also pays tax on your salary? It costs the employer $1,464 to pay you $21,023. 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
$21,023 yearly is how much per hour?
$10.78 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $21,023 a year living in the region of Ontario, Canada, you will be taxed $5,148. That means that your net pay will be $15,875 per year, or $1,323 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
$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
$30,500
$31,000
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 16,746
20.3%
1
British Columbia
CAD 16,403
22.0%
2
Nunavut
CAD 16,144
23.2%
3
Ontario
CAD 15,875
24.5%
4
Northwest Territories
CAD 15,769
25.0%
5
Yukon
CAD 15,753
25.1%
6
Newfoundland and Labrador
CAD 15,218
27.6%
7
Nova Scotia
CAD 15,200
27.7%
8
New Brunswick
CAD 15,080
28.3%
9
Prince Edward Island
CAD 15,001
28.6%
10
Alberta
CAD 14,962
28.8%
11
Saskatchewan
CAD 14,864
29.3%
12
Manitoba
CAD 14,805
29.6%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 21,023
0.0%
1
Ireland
CAD 20,870
0.7%
2
Spain
CAD 19,575
6.9%
3
Switzerland
CAD 19,547
7.0%
4
France
CAD 18,571
11.7%
5
Norway
CAD 18,462
12.2%
6
Russia
CAD 18,290
13.0%
7
Luxembourg
CAD 18,166
13.6%
8
Austria
CAD 17,856
15.1%
9
Italy
CAD 17,584
16.4%
10
Czech Republic
CAD 17,360
17.4%
11
Hungary
CAD 17,134
18.5%
12
Ukraine
CAD 16,924
19.5%
13
Germany
CAD 16,871
19.8%
14
Greece
CAD 16,011
23.8%
15
Sweden
CAD 15,886
24.4%
16
Poland
CAD 15,160
27.9%
17
Portugal
CAD 14,491
31.1%
18
Finland
CAD 14,317
31.9%
19
Belgium
CAD 14,229
32.3%
20
Denmark
CAD 14,060
33.1%
21
Netherlands
CAD 13,229
37.1%
22
Romania
CAD 12,298
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 18,542
11.8%
1
Canada
CAD 15,875
24.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 20,090
4.4%
1
Hong Kong
CAD 19,972
5.0%
2
Thailand
CAD 19,425
7.6%
3
Taiwan
CAD 19,164
8.8%
4
South Korea
CAD 18,325
12.8%
5
Pakistan
CAD 18,236
13.3%
6
New Zealand
CAD 17,865
15.0%
7
Malaysia
CAD 17,866
15.0%
8
Indonesia
CAD 17,807
15.3%
9
Philippines
CAD 17,070
18.8%
10
Japan
CAD 17,034
19.0%
11
Singapore
CAD 16,820
20.0%
12
Kazakhstan
CAD 16,678
20.7%
13
Vietnam
CAD 16,143
23.2%
14
India
CAD 15,167
27.9%
15
China
CAD 14,872
29.3%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 19,127
9.0%
1
Guatemala
CAD 19,007
9.6%
2
Ecuador
CAD 18,874
10.2%
3
Costa Rica
CAD 18,816
10.5%
4
Colombia
CAD 18,770
10.7%
5
Panama
CAD 18,204
13.4%
6
Chile
CAD 17,173
18.3%
7
Mexico
CAD 17,158
18.4%
8
Uruguay
CAD 16,566
21.2%
9
Peru
CAD 16,331
22.3%
10
Brazil
CAD 16,028
23.8%
11
Argentina
CAD 13,655
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 18,060
14.1%
1
Mozambique
CAD 15,905
24.4%
2
Morocco
CAD 15,679
25.4%
3
Angola
CAD 15,536
26.1%
4
Kenya
CAD 15,422
26.6%
5
Ivory Coast
CAD 15,346
27.0%
6
Ghana
CAD 15,266
27.4%
7
Cameroon
CAD 14,536
30.9%
8
Nigeria
CAD 14,473
31.2%
9
Uganda
CAD 14,074
33.1%
10
Senegal
CAD 13,961
33.6%
11
Zambia
CAD 13,336
36.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 19,972
5.0%
1
Qatar
CAD 19,972
5.0%
2
Bahrain
CAD 19,341
8.0%
3
Oman
CAD 19,341
8.0%
4
Saudi Arabia
CAD 18,921
10.0%
5
Kuwait
CAD 18,710
11.0%
6
Israel
CAD 18,258
13.2%
7
Egypt
CAD 16,152
23.2%
8
Lebanon
CAD 16,031
23.8%
9
Turkey
CAD 11,776
44.0%
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.