Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$29,192
Federal tax deduction
- $3,897
Provincial tax deduction
- $1,677
CPP deduction
- $1,464
EI deduction
- $461
Total tax
- $7,500
Net pay
* $21,692
Marginal tax rate
25.9%
Average tax rate
25.7%
74.3%
Net pay
25.7%
Total tax
Total tax
Net pay
The Taxberg
$21,692
Net pay
$2,110
Tax the employer pays
$7,500
Tax you pay
Total tax paid
$9,610
Did you know your employer also pays tax on your salary? It costs the employer $2,110 to pay you $29,192. 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
$29,192 yearly is how much per hour?
$14.97 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $29,192 a year living in the region of Ontario, Canada, you will be taxed $7,500. That means that your net pay will be $21,692 per year, or $1,808 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 22,279
23.7%
1
British Columbia
CAD 22,220
23.9%
2
Quebec
CAD 22,110
24.3%
3
Northwest Territories
CAD 21,761
25.5%
4
Yukon
CAD 21,707
25.6%
5
Ontario
CAD 21,692
25.7%
6
Newfoundland and Labrador
CAD 20,997
28.1%
7
Nova Scotia
CAD 20,952
28.2%
8
New Brunswick
CAD 20,806
28.7%
9
Prince Edward Island
CAD 20,697
29.1%
10
Alberta
CAD 20,643
29.3%
11
Saskatchewan
CAD 20,506
29.8%
12
Manitoba
CAD 20,425
30.0%
13
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Europe
Country 
Net pay
Average tax
Rank
Ireland
CAD 27,499
5.8%
1
United Kingdom
CAD 26,971
7.6%
2
Switzerland
CAD 26,828
8.1%
3
Russia
CAD 25,397
13.0%
4
France
CAD 25,139
13.9%
5
Norway
CAD 24,910
14.7%
6
Luxembourg
CAD 24,397
16.4%
7
Austria
CAD 24,309
16.7%
8
Spain
CAD 23,977
17.9%
9
Hungary
CAD 23,791
18.5%
10
Ukraine
CAD 23,500
19.5%
11
Czech Republic
CAD 23,405
19.8%
12
Italy
CAD 22,279
23.7%
13
Germany
CAD 22,039
24.5%
14
Greece
CAD 21,483
26.4%
15
Sweden
CAD 21,359
26.8%
16
Poland
CAD 20,377
30.2%
17
Finland
CAD 19,573
33.0%
18
Denmark
CAD 19,556
33.0%
19
Portugal
CAD 19,434
33.4%
20
Belgium
CAD 18,558
36.4%
21
Netherlands
CAD 18,370
37.1%
22
Romania
CAD 17,077
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 24,832
14.9%
1
Canada
CAD 21,692
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 27,652
5.3%
1
Thailand
CAD 26,385
9.6%
2
Taiwan
CAD 26,378
9.6%
3
Australia
CAD 26,221
10.2%
4
South Korea
CAD 24,862
14.8%
5
New Zealand
CAD 24,491
16.1%
6
Pakistan
CAD 24,334
16.6%
7
Indonesia
CAD 23,969
17.9%
8
Malaysia
CAD 23,801
18.5%
9
Japan
CAD 23,347
20.0%
10
Kazakhstan
CAD 23,281
20.3%
11
Singapore
CAD 23,190
20.6%
12
Philippines
CAD 22,721
22.2%
13
Vietnam
CAD 21,743
25.5%
14
China
CAD 20,570
29.5%
15
India
CAD 19,807
32.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 26,393
9.6%
1
Costa Rica
CAD 26,109
10.6%
2
Puerto Rico
CAD 26,099
10.6%
3
Ecuador
CAD 25,553
12.5%
4
Colombia
CAD 25,003
14.4%
5
Panama
CAD 24,384
16.5%
6
Chile
CAD 23,635
19.0%
7
Mexico
CAD 23,203
20.5%
8
Peru
CAD 22,478
23.0%
9
Brazil
CAD 21,947
24.8%
10
Uruguay
CAD 21,482
26.4%
11
Argentina
CAD 18,965
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 23,998
17.8%
1
Mozambique
CAD 21,786
25.4%
2
Angola
CAD 21,479
26.4%
3
Kenya
CAD 21,140
27.6%
4
Morocco
CAD 20,837
28.6%
5
Ivory Coast
CAD 20,723
29.0%
6
Ghana
CAD 20,700
29.1%
7
Nigeria
CAD 20,030
31.4%
8
Cameroon
CAD 19,490
33.2%
9
Uganda
CAD 19,384
33.6%
10
Senegal
CAD 19,062
34.7%
11
Zambia
CAD 18,360
37.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 27,732
5.0%
1
Qatar
CAD 27,732
5.0%
2
Bahrain
CAD 26,857
8.0%
3
Oman
CAD 26,857
8.0%
4
Saudi Arabia
CAD 26,273
10.0%
5
Kuwait
CAD 25,981
11.0%
6
Israel
CAD 25,263
13.5%
7
Egypt
CAD 22,279
23.7%
8
Lebanon
CAD 22,158
24.1%
9
Turkey
CAD 16,942
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.