Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$29,239
Federal tax deduction
- $3,903
Provincial tax deduction
- $1,679
CPP deduction
- $1,467
EI deduction
- $462
Total tax
- $7,512
Net pay
* $21,727
Marginal tax rate
25.9%
Average tax rate
25.7%
74.3%
Net pay
25.7%
Total tax
Total tax
Net pay
The Taxberg
$21,727
Net pay
$2,114
Tax the employer pays
$7,512
Tax you pay
Total tax paid
$9,626
Did you know your employer also pays tax on your salary? It costs the employer $2,114 to pay you $29,239. 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
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Summary
If you make $29,239 a year living in the region of Ontario, Canada, you will be taxed $7,512. That means that your net pay will be $21,727 per year, or $1,811 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 22,314
23.7%
1
British Columbia
CAD 22,253
23.9%
2
Quebec
CAD 22,141
24.3%
3
Northwest Territories
CAD 21,795
25.5%
4
Yukon
CAD 21,741
25.6%
5
Ontario
CAD 21,727
25.7%
6
Newfoundland and Labrador
CAD 21,031
28.1%
7
Nova Scotia
CAD 20,985
28.2%
8
New Brunswick
CAD 20,839
28.7%
9
Prince Edward Island
CAD 20,730
29.1%
10
Alberta
CAD 20,675
29.3%
11
Saskatchewan
CAD 20,539
29.8%
12
Manitoba
CAD 20,457
30.0%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 24,867
15.0%
1
Canada
CAD 21,727
25.7%
2
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.