$24 income tax calculator 2025 - Ontario

Salary rate

Annual

Month

Biweekly

Weekly

Day

Hour

Withholding

Salary

$24

EI deduction

- $0.38

Total tax

- $0.38

Net pay

* $23.62

Marginal tax rate

1.6%

Average tax rate

1.6%

98.4%

Net pay

1.6%

Total tax

Net pay

The Taxberg

$23.62

Net pay

$0.54

Tax the employer pays

$0.38

Tax you pay

Total tax paid

$0.92

Did you know your employer also pays tax on your salary? It costs the employer $0.54 to pay you $24. In other words, every time you spend $10 of your hard-earned money, $0.38 goes to the government.

Real tax rate

3.7%

So, with you and the employer both paying tax, what used to be a 1.6% tax rate now rises to 3.7%, meaning your real tax rate is actually 2.1% higher than what it seemed at first.

People also ask

$24 yearly is how much per hour?

$0.01 hourly is how much per year?

What is the average salary in Canada?

Summary

If you make $24 a year living in the region of Ontario, Canada, you will be taxed $0.38. That means that your net pay will be $23.62 per year, or $1.97 per month. Your average tax rate is 1.6% and your marginal tax rate is 1.6%. 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 $1.58, hence, your net pay will only increase by $98.42.

Bonus Example

A $1,000 bonus will generate an extra $984 of net incomes. A $5,000 bonus will generate an extra $4,921 of net incomes.

Region

Newfoundland and Labrador

Northwest Territories

Tax per income

Tax per region

British Columbia

CAD 24

1.6%

1

Ontario

CAD 24

1.6%

2

Yukon

CAD 24

1.6%

3

Quebec

CAD 24

1.7%

4

Newfoundland and Labrador

CAD 22

10.2%

5

Nova Scotia

CAD 22

10.3%

6

New Brunswick

CAD 21

10.8%

7

Prince Edward Island

CAD 21

11.3%

8

Alberta

CAD 21

11.5%

9

Saskatchewan

CAD 21

12.0%

10

Manitoba

CAD 21

12.3%

11

Nunavut

CAD 23

5.5%

12

Northwest Territories

CAD 22

7.4%

13

Europe

United Kingdom

CAD 24

0.0%

1

Germany

CAD 24

0.0%

2

Austria

CAD 24

0.0%

3

Ireland

CAD 24

0.0%

4

Sweden

CAD 24

0.0%

5

Norway

CAD 24

0.0%

6

Spain

CAD 22

6.4%

7

Italy

CAD 22

9.2%

8

France

CAD 22

9.7%

9

Czech Republic

CAD 21

11.0%

10

Luxembourg

CAD 21

11.1%

11

Russia

CAD 21

13.0%

12

Hungary

CAD 20

18.5%

13

Ukraine

CAD 19

19.5%

14

Poland

CAD 19

21.5%

15

Greece

CAD 19

21.9%

16

Portugal

CAD 18

25.5%

17

Finland

CAD 17

30.7%

18

Belgium

CAD 16

32.0%

19

Netherlands

CAD 15

39.5%

20

Romania

CAD 14

41.5%

21

Denmark

CAD 0

100.0%

22

Switzerland

CAD 24

163.0%

23

North America

Canada

CAD 24

1.6%

1

USA

CAD 22

8.7%

2

Asia / Pacific

Australia

CAD 24

0.0%

1

Singapore

CAD 24

0.0%

2

Hong Kong

CAD 24

0.0%

3

Thailand

CAD 23

5.0%

4

Indonesia

CAD 22

8.8%

5

Taiwan

CAD 22

8.9%

6

Malaysia

CAD 22

10.0%

7

South Korea

CAD 21

10.7%

8

New Zealand

CAD 21

11.9%

9

India

CAD 21

12.0%

10

China

CAD 21

13.2%

11

Vietnam

CAD 20

15.0%

12

Japan

CAD 20

18.7%

13

Kazakhstan

CAD 19

20.8%

14

Philippines

CAD 10

59.1%

15

Pakistan

CAD 9

62.7%

16

Latin America

Mexico

CAD 23

2.4%

1

Brazil

CAD 22

7.5%

2

Puerto Rico

CAD 22

8.0%

3

Colombia

CAD 22

8.0%

4

Ecuador

CAD 22

9.4%

5

Guatemala

CAD 22

9.6%

6

Costa Rica

CAD 21

10.5%

7

Panama

CAD 21

11.0%

8

Peru

CAD 21

12.5%

9

Argentina

CAD 20

17.0%

10

Chile

CAD 20

17.6%

11

Uruguay

CAD 20

18.1%

12

Africa

South Africa

CAD 24

1.0%

1

Angola

CAD 23

3.0%

2

Uganda

CAD 23

5.0%

3

Ghana

CAD 23

5.5%

4

Zambia

CAD 23

6.0%

5

Morocco

CAD 22

6.7%

6

Ivory Coast

CAD 22

7.5%

7

Cameroon

CAD 20

15.6%

8

Nigeria

CAD 20

16.8%

9

Senegal

CAD 20

17.1%

10

Mozambique

CAD 9

61.8%

11

Kenya

CAD 24

189.2%

12

Middle East

Egypt

CAD 24

0.0%

1

Saudi Arabia

CAD 24

0.0%

2

United Arab Emirates

CAD 23

5.0%

3

Qatar

CAD 23

5.0%

4

Lebanon

CAD 22

7.0%

5

Oman

CAD 22

8.0%

6

Bahrain

CAD 22

8.0%

7

Kuwait

CAD 21

11.0%

8

Israel

CAD 21

13.2%

9

Turkey

CAD 20

15.8%

10

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.

Income tax calculator Ontario

Find out how much your salary is after tax