Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$31,300
Federal tax deduction
- $4,190
Provincial tax deduction
- $1,776
CPP deduction
- $1,585
EI deduction
- $495
Total tax
- $8,045
Net pay
* $23,255
Marginal tax rate
25.9%
Average tax rate
25.7%
74.3%
Net pay
25.7%
Total tax
Total tax
Net pay
The Taxberg
$23,255
Net pay
$2,277
Tax the employer pays
$8,045
Tax you pay
Total tax paid
$10,322
Did you know your employer also pays tax on your salary? It costs the employer $2,277 to pay you $31,300. In other words, every time you spend $10 of your hard-earned money, $3.30 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
$31,300 yearly is how much per hour?
$16.05 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $31,300 a year living in the region of Ontario, Canada, you will be taxed $8,045. That means that your net pay will be $23,255 per year, or $1,938 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
$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
$39,500
$40,000
$40,500
$41,000
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 23,862
23.8%
1
British Columbia
CAD 23,707
24.3%
2
Quebec
CAD 23,493
24.9%
3
Northwest Territories
CAD 23,307
25.5%
4
Ontario
CAD 23,255
25.7%
5
Yukon
CAD 23,243
25.7%
6
Newfoundland and Labrador
CAD 22,489
28.2%
7
Nova Scotia
CAD 22,357
28.6%
8
New Brunswick
CAD 22,284
28.8%
9
Prince Edward Island
CAD 22,136
29.3%
10
Alberta
CAD 22,109
29.4%
11
Saskatchewan
CAD 21,963
29.8%
12
Manitoba
CAD 21,872
30.1%
13
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Europe
Country 
Net pay
Average tax
Rank
Ireland
CAD 28,838
7.9%
1
Switzerland
CAD 28,666
8.4%
2
United Kingdom
CAD 28,378
9.3%
3
Russia
CAD 27,231
13.0%
4
France
CAD 26,834
14.3%
5
Norway
CAD 26,456
15.5%
6
Luxembourg
CAD 25,921
17.2%
7
Austria
CAD 25,776
17.7%
8
Hungary
CAD 25,510
18.5%
9
Spain
CAD 25,454
18.7%
10
Ukraine
CAD 25,197
19.5%
11
Czech Republic
CAD 24,965
20.2%
12
Italy
CAD 23,478
25.0%
13
Germany
CAD 23,233
25.8%
14
Greece
CAD 22,867
26.9%
15
Sweden
CAD 22,772
27.3%
16
Poland
CAD 21,723
30.6%
17
Denmark
CAD 20,974
33.0%
18
Finland
CAD 20,883
33.3%
19
Portugal
CAD 20,610
34.2%
20
Netherlands
CAD 19,697
37.1%
21
Belgium
CAD 19,493
37.7%
22
Romania
CAD 18,310
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 26,422
15.6%
1
Canada
CAD 23,255
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 29,614
5.4%
1
Taiwan
CAD 28,200
9.9%
2
Thailand
CAD 28,124
10.2%
3
Australia
CAD 27,886
10.9%
4
South Korea
CAD 26,511
15.3%
5
New Zealand
CAD 26,201
16.3%
6
Pakistan
CAD 25,849
17.4%
7
Indonesia
CAD 25,502
18.5%
8
Malaysia
CAD 25,249
19.3%
9
Kazakhstan
CAD 24,988
20.2%
10
Japan
CAD 24,968
20.2%
11
Singapore
CAD 24,831
20.7%
12
Philippines
CAD 24,144
22.9%
13
Vietnam
CAD 23,158
26.0%
14
China
CAD 22,040
29.6%
15
India
CAD 21,004
32.9%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 28,299
9.6%
1
Costa Rica
CAD 27,975
10.6%
2
Puerto Rico
CAD 27,898
10.9%
3
Ecuador
CAD 27,220
13.0%
4
Colombia
CAD 26,552
15.2%
5
Panama
CAD 25,979
17.0%
6
Chile
CAD 25,302
19.2%
7
Mexico
CAD 24,756
20.9%
8
Peru
CAD 24,064
23.1%
9
Brazil
CAD 23,475
25.0%
10
Uruguay
CAD 22,913
26.8%
11
Argentina
CAD 20,335
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 25,464
18.7%
1
Mozambique
CAD 23,304
25.6%
2
Angola
CAD 23,012
26.5%
3
Kenya
CAD 22,616
27.8%
4
Morocco
CAD 22,115
29.3%
5
Ivory Coast
CAD 22,111
29.4%
6
Ghana
CAD 22,094
29.4%
7
Nigeria
CAD 21,463
31.4%
8
Cameroon
CAD 20,774
33.6%
9
Uganda
CAD 20,755
33.7%
10
Senegal
CAD 20,348
35.0%
11
Zambia
CAD 19,656
37.2%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 29,735
5.0%
1
Qatar
CAD 29,735
5.0%
2
Bahrain
CAD 28,796
8.0%
3
Oman
CAD 28,796
8.0%
4
Saudi Arabia
CAD 28,170
10.0%
5
Kuwait
CAD 27,857
11.0%
6
Israel
CAD 26,884
14.1%
7
Egypt
CAD 23,860
23.8%
8
Lebanon
CAD 23,739
24.2%
9
Turkey
CAD 18,275
41.6%
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.