Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$29,267
Federal tax deduction
- $3,907
Provincial tax deduction
- $1,680
CPP deduction
- $1,469
EI deduction
- $462
Total tax
- $7,519
Net pay
* $21,748
Marginal tax rate
25.9%
Average tax rate
25.7%
74.3%
Net pay
25.7%
Total tax
Total tax
Net pay
The Taxberg
$21,748
Net pay
$2,116
Tax the employer pays
$7,519
Tax you pay
Total tax paid
$9,635
Did you know your employer also pays tax on your salary? It costs the employer $2,116 to pay you $29,267. 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
$29,267 yearly is how much per hour?
$15.01 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $29,267 a year living in the region of Ontario, Canada, you will be taxed $7,519. That means that your net pay will be $21,748 per year, or $1,812 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 22,335
23.7%
1
British Columbia
CAD 22,273
23.9%
2
Quebec
CAD 22,159
24.3%
3
Northwest Territories
CAD 21,816
25.5%
4
Yukon
CAD 21,761
25.6%
5
Ontario
CAD 21,748
25.7%
6
Newfoundland and Labrador
CAD 21,050
28.1%
7
Nova Scotia
CAD 21,004
28.2%
8
New Brunswick
CAD 20,859
28.7%
9
Prince Edward Island
CAD 20,750
29.1%
10
Alberta
CAD 20,695
29.3%
11
Saskatchewan
CAD 20,558
29.8%
12
Manitoba
CAD 20,476
30.0%
13
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Europe
Country 
Net pay
Average tax
Rank
Ireland
CAD 27,542
5.9%
1
United Kingdom
CAD 27,021
7.7%
2
Switzerland
CAD 26,894
8.1%
3
Russia
CAD 25,462
13.0%
4
France
CAD 25,200
13.9%
5
Norway
CAD 24,969
14.7%
6
Luxembourg
CAD 24,453
16.5%
7
Austria
CAD 24,361
16.8%
8
Spain
CAD 24,030
17.9%
9
Hungary
CAD 23,853
18.5%
10
Ukraine
CAD 23,560
19.5%
11
Czech Republic
CAD 23,461
19.8%
12
Italy
CAD 22,322
23.7%
13
Germany
CAD 22,082
24.6%
14
Greece
CAD 21,533
26.4%
15
Sweden
CAD 21,410
26.9%
16
Poland
CAD 20,424
30.2%
17
Finland
CAD 19,620
33.0%
18
Denmark
CAD 19,606
33.0%
19
Portugal
CAD 19,479
33.4%
20
Belgium
CAD 18,598
36.5%
21
Netherlands
CAD 18,417
37.1%
22
Romania
CAD 17,121
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 24,888
15.0%
1
Canada
CAD 21,748
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 27,721
5.3%
1
Thailand
CAD 26,447
9.6%
2
Taiwan
CAD 26,443
9.7%
3
Australia
CAD 26,280
10.2%
4
South Korea
CAD 24,921
14.9%
5
New Zealand
CAD 24,552
16.1%
6
Pakistan
CAD 24,388
16.7%
7
Indonesia
CAD 24,023
17.9%
8
Malaysia
CAD 23,853
18.5%
9
Japan
CAD 23,404
20.0%
10
Kazakhstan
CAD 23,342
20.3%
11
Singapore
CAD 23,249
20.6%
12
Philippines
CAD 22,772
22.2%
13
Vietnam
CAD 21,793
25.5%
14
China
CAD 20,622
29.5%
15
India
CAD 19,850
32.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 26,461
9.6%
1
Costa Rica
CAD 26,176
10.6%
2
Puerto Rico
CAD 26,163
10.6%
3
Ecuador
CAD 25,612
12.5%
4
Colombia
CAD 25,058
14.4%
5
Panama
CAD 24,441
16.5%
6
Chile
CAD 23,694
19.0%
7
Mexico
CAD 23,258
20.5%
8
Peru
CAD 22,534
23.0%
9
Brazil
CAD 22,001
24.8%
10
Uruguay
CAD 21,532
26.4%
11
Argentina
CAD 19,014
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 24,051
17.8%
1
Mozambique
CAD 21,840
25.4%
2
Angola
CAD 21,533
26.4%
3
Kenya
CAD 21,193
27.6%
4
Morocco
CAD 20,883
28.7%
5
Ivory Coast
CAD 20,772
29.0%
6
Ghana
CAD 20,750
29.1%
7
Nigeria
CAD 20,081
31.4%
8
Cameroon
CAD 19,536
33.3%
9
Uganda
CAD 19,433
33.6%
10
Senegal
CAD 19,108
34.7%
11
Zambia
CAD 18,406
37.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 27,804
5.0%
1
Qatar
CAD 27,804
5.0%
2
Bahrain
CAD 26,926
8.0%
3
Oman
CAD 26,926
8.0%
4
Saudi Arabia
CAD 26,340
10.0%
5
Kuwait
CAD 26,048
11.0%
6
Israel
CAD 25,320
13.5%
7
Egypt
CAD 22,335
23.7%
8
Lebanon
CAD 22,214
24.1%
9
Turkey
CAD 16,989
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.