Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$29,144
Federal tax deduction
- $3,890
Provincial tax deduction
- $1,675
CPP deduction
- $1,462
EI deduction
- $460
Total tax
- $7,487
Net pay
* $21,657
Marginal tax rate
25.9%
Average tax rate
25.7%
74.3%
Net pay
25.7%
Total tax
Total tax
Net pay
The Taxberg
$21,657
Net pay
$2,106
Tax the employer pays
$7,487
Tax you pay
Total tax paid
$9,593
Did you know your employer also pays tax on your salary? It costs the employer $2,106 to pay you $29,144. In other words, every time you spend $10 of your hard-earned money, $3.29 goes to the government.
Real tax rate
30.7%
So, with you and the employer both paying tax, what used to be a 25.7% tax rate now rises to 30.7%, meaning your real tax rate is actually 5% higher than what it seemed at first.
People also ask
$29,144 yearly is how much per hour?
$14.95 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $29,144 a year living in the region of Ontario, Canada, you will be taxed $7,487. That means that your net pay will be $21,657 per year, or $1,805 per month. Your average tax rate is 25.7% and your marginal tax rate is 25.9%. 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 $25.87, hence, your net pay will only increase by $74.13.
Bonus Example
A $1,000 bonus will generate an extra $741 of net incomes. A $5,000 bonus will generate an extra $3,707 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
$29,500
$30,000
$30,500
$31,000
$31,500
$32,000
$32,500
$33,000
$33,500
$34,000
$34,500
$35,000
$35,500
$36,000
$36,500
$37,000
$37,500
$38,000
$38,500
$39,000
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 22,243
23.7%
1
British Columbia
CAD 22,186
23.9%
2
Quebec
CAD 22,079
24.2%
3
Northwest Territories
CAD 21,726
25.5%
4
Yukon
CAD 21,672
25.6%
5
Ontario
CAD 21,657
25.7%
6
Newfoundland and Labrador
CAD 20,963
28.1%
7
Nova Scotia
CAD 20,918
28.2%
8
New Brunswick
CAD 20,773
28.7%
9
Prince Edward Island
CAD 20,664
29.1%
10
Alberta
CAD 20,609
29.3%
11
Saskatchewan
CAD 20,473
29.8%
12
Manitoba
CAD 20,392
30.0%
13
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Europe
Country 
Net pay
Average tax
Rank
Ireland
CAD 27,471
5.7%
1
United Kingdom
CAD 26,939
7.6%
2
Switzerland
CAD 26,786
8.1%
3
Russia
CAD 25,355
13.0%
4
France
CAD 25,101
13.9%
5
Norway
CAD 24,873
14.7%
6
Luxembourg
CAD 24,361
16.4%
7
Austria
CAD 24,275
16.7%
8
Spain
CAD 23,943
17.9%
9
Hungary
CAD 23,752
18.5%
10
Ukraine
CAD 23,461
19.5%
11
Czech Republic
CAD 23,370
19.8%
12
Italy
CAD 22,252
23.7%
13
Germany
CAD 22,012
24.5%
14
Greece
CAD 21,451
26.4%
15
Sweden
CAD 21,327
26.8%
16
Poland
CAD 20,346
30.2%
17
Finland
CAD 19,543
32.9%
18
Denmark
CAD 19,523
33.0%
19
Portugal
CAD 19,405
33.4%
20
Belgium
CAD 18,533
36.4%
21
Netherlands
CAD 18,340
37.1%
22
Romania
CAD 17,049
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 24,796
14.9%
1
Canada
CAD 21,657
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 27,607
5.3%
1
Thailand
CAD 26,345
9.6%
2
Taiwan
CAD 26,336
9.6%
3
Australia
CAD 26,183
10.2%
4
South Korea
CAD 24,825
14.8%
5
New Zealand
CAD 24,452
16.1%
6
Pakistan
CAD 24,300
16.6%
7
Indonesia
CAD 23,934
17.9%
8
Malaysia
CAD 23,768
18.5%
9
Japan
CAD 23,310
20.0%
10
Kazakhstan
CAD 23,242
20.3%
11
Singapore
CAD 23,153
20.6%
12
Philippines
CAD 22,689
22.2%
13
Vietnam
CAD 21,711
25.5%
14
China
CAD 20,536
29.5%
15
India
CAD 19,780
32.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 26,350
9.6%
1
Costa Rica
CAD 26,067
10.6%
2
Puerto Rico
CAD 26,058
10.6%
3
Ecuador
CAD 25,515
12.5%
4
Colombia
CAD 24,968
14.3%
5
Panama
CAD 24,348
16.5%
6
Chile
CAD 23,597
19.0%
7
Mexico
CAD 23,167
20.5%
8
Peru
CAD 22,442
23.0%
9
Brazil
CAD 21,912
24.8%
10
Uruguay
CAD 21,449
26.4%
11
Argentina
CAD 18,934
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 23,965
17.8%
1
Mozambique
CAD 21,752
25.4%
2
Angola
CAD 21,444
26.4%
3
Kenya
CAD 21,107
27.6%
4
Morocco
CAD 20,807
28.6%
5
Ivory Coast
CAD 20,691
29.0%
6
Ghana
CAD 20,668
29.1%
7
Nigeria
CAD 19,997
31.4%
8
Cameroon
CAD 19,461
33.2%
9
Uganda
CAD 19,353
33.6%
10
Senegal
CAD 19,033
34.7%
11
Zambia
CAD 18,330
37.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 27,687
5.0%
1
Qatar
CAD 27,687
5.0%
2
Bahrain
CAD 26,812
8.0%
3
Oman
CAD 26,812
8.0%
4
Saudi Arabia
CAD 26,230
10.0%
5
Kuwait
CAD 25,938
11.0%
6
Israel
CAD 25,226
13.4%
7
Egypt
CAD 22,243
23.7%
8
Lebanon
CAD 22,122
24.1%
9
Turkey
CAD 16,911
42.0%
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.