Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$31,373
Federal tax deduction
- $4,200
Provincial tax deduction
- $1,779
CPP deduction
- $1,589
EI deduction
- $496
Total tax
- $8,064
Net pay
* $23,309
Marginal tax rate
25.9%
Average tax rate
25.7%
74.3%
Net pay
25.7%
Total tax
Total tax
Net pay
The Taxberg
$23,309
Net pay
$2,283
Tax the employer pays
$8,064
Tax you pay
Total tax paid
$10,346
Did you know your employer also pays tax on your salary? It costs the employer $2,283 to pay you $31,373. 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
$31,373 yearly is how much per hour?
$16.09 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $31,373 a year living in the region of Ontario, Canada, you will be taxed $8,064. That means that your net pay will be $23,309 per year, or $1,942 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 23,917
23.8%
1
British Columbia
CAD 23,759
24.3%
2
Quebec
CAD 23,541
25.0%
3
Northwest Territories
CAD 23,360
25.5%
4
Ontario
CAD 23,309
25.7%
5
Yukon
CAD 23,296
25.7%
6
Newfoundland and Labrador
CAD 22,540
28.2%
7
Nova Scotia
CAD 22,404
28.6%
8
New Brunswick
CAD 22,335
28.8%
9
Prince Edward Island
CAD 22,185
29.3%
10
Alberta
CAD 22,159
29.4%
11
Saskatchewan
CAD 22,013
29.8%
12
Manitoba
CAD 21,922
30.1%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 26,477
15.6%
1
Canada
CAD 23,309
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 29,682
5.4%
1
Taiwan
CAD 28,263
9.9%
2
Thailand
CAD 28,184
10.2%
3
Australia
CAD 27,944
10.9%
4
South Korea
CAD 26,568
15.3%
5
New Zealand
CAD 26,260
16.3%
6
Pakistan
CAD 25,901
17.4%
7
Indonesia
CAD 25,555
18.5%
8
Malaysia
CAD 25,299
19.4%
9
Kazakhstan
CAD 25,047
20.2%
10
Japan
CAD 25,024
20.2%
11
Singapore
CAD 24,887
20.7%
12
Philippines
CAD 24,194
22.9%
13
Vietnam
CAD 23,207
26.0%
14
China
CAD 22,091
29.6%
15
India
CAD 21,046
32.9%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 28,365
9.6%
1
Costa Rica
CAD 28,040
10.6%
2
Puerto Rico
CAD 27,961
10.9%
3
Ecuador
CAD 27,278
13.1%
4
Colombia
CAD 26,606
15.2%
5
Panama
CAD 26,034
17.0%
6
Chile
CAD 25,360
19.2%
7
Mexico
CAD 24,810
20.9%
8
Peru
CAD 24,119
23.1%
9
Brazil
CAD 23,528
25.0%
10
Uruguay
CAD 22,963
26.8%
11
Argentina
CAD 20,383
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 25,514
18.7%
1
Mozambique
CAD 23,357
25.6%
2
Angola
CAD 23,065
26.5%
3
Kenya
CAD 22,667
27.8%
4
Morocco
CAD 22,159
29.4%
5
Ivory Coast
CAD 22,159
29.4%
6
Ghana
CAD 22,143
29.4%
7
Nigeria
CAD 21,513
31.4%
8
Cameroon
CAD 20,818
33.6%
9
Uganda
CAD 20,802
33.7%
10
Senegal
CAD 20,393
35.0%
11
Zambia
CAD 19,701
37.2%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 29,804
5.0%
1
Qatar
CAD 29,804
5.0%
2
Bahrain
CAD 28,863
8.0%
3
Oman
CAD 28,863
8.0%
4
Saudi Arabia
CAD 28,236
10.0%
5
Kuwait
CAD 27,922
11.0%
6
Israel
CAD 26,941
14.1%
7
Egypt
CAD 23,915
23.8%
8
Lebanon
CAD 23,793
24.2%
9
Turkey
CAD 18,321
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.