Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$2,662
Federal tax deduction
- $200
EI deduction
- $42.06
Total tax
- $242
Net pay
* $2,420
Marginal tax rate
16.3%
Average tax rate
9.1%
90.9%
Net pay
9.1%
Total tax
Total tax
Net pay
The Taxberg
$2,420
Net pay
$58.88
Tax the employer pays
$242
Tax you pay
Total tax paid
$301
Did you know your employer also pays tax on your salary? It costs the employer $58.88 to pay you $2,662. In other words, every time you spend $10 of your hard-earned money, $1.13 goes to the government.
Real tax rate
11.1%
So, with you and the employer both paying tax, what used to be a 9.1% tax rate now rises to 11.1%, meaning your real tax rate is actually 2% higher than what it seemed at first.
People also ask
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Summary
If you make $2,662 a year living in the region of Ontario, Canada, you will be taxed $242. That means that your net pay will be $2,420 per year, or $202 per month. Your average tax rate is 9.1% and your marginal tax rate is 16.3%. 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 $16.34, hence, your net pay will only increase by $83.66.
Bonus Example
A $1,000 bonus will generate an extra $837 of net incomes. A $5,000 bonus will generate an extra $4,183 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
$2,500
$3,000
$3,500
$4,000
$4,500
$5,000
$5,500
$6,000
$6,500
$7,000
$7,500
$8,000
$8,500
$9,000
$9,500
$10,000
$10,500
$11,000
$11,500
$12,000
Tax per region
Region
Net pay
Average tax
Rank
Yukon
CAD 2,335
12.3%
1
Nunavut
CAD 2,315
13.0%
2
Northwest Territories
CAD 2,265
14.9%
3
Newfoundland and Labrador
CAD 2,192
17.7%
4
Nova Scotia
CAD 2,190
17.7%
5
New Brunswick
CAD 2,174
18.3%
6
Prince Edward Island
CAD 2,163
18.7%
7
Alberta
CAD 2,158
18.9%
8
Saskatchewan
CAD 2,145
19.4%
9
Manitoba
CAD 2,137
19.7%
10
Quebec
CAD 2,450
8.0%
11
British Columbia
CAD 2,420
9.1%
12
Ontario
CAD 2,420
9.1%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 2,431
8.7%
1
Canada
CAD 2,420
9.1%
2
Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
CAD 2,662
0.0%
1
United Arab Emirates
CAD 2,529
5.0%
2
Qatar
CAD 2,529
5.0%
3
Bahrain
CAD 2,449
8.0%
4
Oman
CAD 2,449
8.0%
5
Kuwait
CAD 2,369
11.0%
6
Israel
CAD 2,312
13.2%
7
Lebanon
CAD 2,226
16.4%
8
Egypt
CAD 2,119
20.4%
9
Turkey
CAD 1,802
32.3%
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.