Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$21,840
Federal tax deduction
- $2,874
Provincial tax deduction
- $1,143
CPP deduction
- $1,045
EI deduction
- $345
Total tax
- $5,408
Net pay
* $16,432
Marginal tax rate
31.9%
Average tax rate
24.8%
75.2%
Net pay
24.8%
Total tax
Total tax
Net pay
The Taxberg
$16,432
Net pay
$1,528
Tax the employer pays
$5,408
Tax you pay
Total tax paid
$6,936
Did you know your employer also pays tax on your salary? It costs the employer $1,528 to pay you $21,840. In other words, every time you spend $10 of your hard-earned money, $3.18 goes to the government.
Real tax rate
29.7%
So, with you and the employer both paying tax, what used to be a 24.8% tax rate now rises to 29.7%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
People also ask
$21,840 yearly is how much per hour?
$11.20 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $21,840 a year living in the region of Ontario, Canada, you will be taxed $5,408. That means that your net pay will be $16,432 per year, or $1,369 per month. Your average tax rate is 24.8% 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 17,283
20.9%
1
British Columbia
CAD 16,990
22.2%
2
Nunavut
CAD 16,757
23.3%
3
Ontario
CAD 16,432
24.8%
4
Northwest Territories
CAD 16,369
25.1%
5
Yukon
CAD 16,349
25.1%
6
Newfoundland and Labrador
CAD 15,796
27.7%
7
Nova Scotia
CAD 15,778
27.8%
8
New Brunswick
CAD 15,653
28.3%
9
Prince Edward Island
CAD 15,571
28.7%
10
Alberta
CAD 15,530
28.9%
11
Saskatchewan
CAD 15,428
29.4%
12
Manitoba
CAD 15,367
29.6%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 21,789
0.2%
1
Ireland
CAD 21,670
0.8%
2
Switzerland
CAD 20,293
7.1%
3
Spain
CAD 19,979
8.5%
4
France
CAD 19,228
12.0%
5
Norway
CAD 19,115
12.5%
6
Russia
CAD 19,001
13.0%
7
Luxembourg
CAD 18,802
13.9%
8
Austria
CAD 18,491
15.3%
9
Italy
CAD 18,081
17.2%
10
Czech Republic
CAD 17,965
17.7%
11
Hungary
CAD 17,800
18.5%
12
Ukraine
CAD 17,581
19.5%
13
Germany
CAD 17,478
20.0%
14
Greece
CAD 16,558
24.2%
15
Sweden
CAD 16,433
24.8%
16
Poland
CAD 15,682
28.2%
17
Portugal
CAD 14,986
31.4%
18
Finland
CAD 14,882
31.9%
19
Belgium
CAD 14,662
32.9%
20
Denmark
CAD 14,609
33.1%
21
Netherlands
CAD 13,743
37.1%
22
Romania
CAD 12,776
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 19,177
12.2%
1
Canada
CAD 16,432
24.8%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 20,744
5.0%
1
Australia
CAD 20,723
5.1%
2
Thailand
CAD 20,134
7.8%
3
Taiwan
CAD 19,909
8.8%
4
South Korea
CAD 19,013
12.9%
5
Pakistan
CAD 18,849
13.7%
6
New Zealand
CAD 18,528
15.2%
7
Malaysia
CAD 18,489
15.3%
8
Indonesia
CAD 18,450
15.5%
9
Japan
CAD 17,681
19.0%
10
Philippines
CAD 17,659
19.1%
11
Singapore
CAD 17,457
20.1%
12
Kazakhstan
CAD 17,334
20.6%
13
Vietnam
CAD 16,728
23.4%
14
India
CAD 15,631
28.4%
15
China
CAD 15,442
29.3%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 19,824
9.2%
1
Guatemala
CAD 19,746
9.6%
2
Ecuador
CAD 19,574
10.4%
3
Costa Rica
CAD 19,547
10.5%
4
Colombia
CAD 19,397
11.2%
5
Panama
CAD 18,822
13.8%
6
Chile
CAD 17,819
18.4%
7
Mexico
CAD 17,775
18.6%
8
Uruguay
CAD 17,154
21.5%
9
Peru
CAD 16,946
22.4%
10
Brazil
CAD 16,616
23.9%
11
Argentina
CAD 14,186
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 18,664
14.5%
1
Mozambique
CAD 16,493
24.5%
2
Morocco
CAD 16,206
25.8%
3
Angola
CAD 16,130
26.1%
4
Kenya
CAD 15,994
26.8%
5
Ivory Coast
CAD 15,884
27.3%
6
Ghana
CAD 15,821
27.6%
7
Nigeria
CAD 15,029
31.2%
8
Cameroon
CAD 15,028
31.2%
9
Uganda
CAD 14,606
33.1%
10
Senegal
CAD 14,476
33.7%
11
Zambia
CAD 13,838
36.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 20,748
5.0%
1
Qatar
CAD 20,748
5.0%
2
Bahrain
CAD 20,093
8.0%
3
Oman
CAD 20,093
8.0%
4
Saudi Arabia
CAD 19,656
10.0%
5
Kuwait
CAD 19,438
11.0%
6
Israel
CAD 18,968
13.2%
7
Egypt
CAD 16,765
23.2%
8
Lebanon
CAD 16,644
23.8%
9
Turkey
CAD 12,292
43.7%
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.