Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$31,480
Federal tax deduction
- $4,215
Provincial tax deduction
- $1,784
CPP deduction
- $1,595
EI deduction
- $497
Total tax
- $8,091
Net pay
* $23,389
Marginal tax rate
25.9%
Average tax rate
25.7%
74.3%
Net pay
25.7%
Total tax
Total tax
Net pay
The Taxberg
$23,389
Net pay
$2,291
Tax the employer pays
$8,091
Tax you pay
Total tax paid
$10,383
Did you know your employer also pays tax on your salary? It costs the employer $2,291 to pay you $31,480. 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
$31,480 yearly is how much per hour?
$16.14 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $31,480 a year living in the region of Ontario, Canada, you will be taxed $8,091. That means that your net pay will be $23,389 per year, or $1,949 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 23,997
23.8%
1
British Columbia
CAD 23,834
24.3%
2
Quebec
CAD 23,611
25.0%
3
Northwest Territories
CAD 23,439
25.5%
4
Ontario
CAD 23,389
25.7%
5
Yukon
CAD 23,374
25.7%
6
Newfoundland and Labrador
CAD 22,616
28.2%
7
Nova Scotia
CAD 22,473
28.6%
8
New Brunswick
CAD 22,410
28.8%
9
Prince Edward Island
CAD 22,257
29.3%
10
Alberta
CAD 22,234
29.4%
11
Saskatchewan
CAD 22,087
29.8%
12
Manitoba
CAD 21,995
30.1%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
Ireland
CAD 28,955
8.0%
1
Switzerland
CAD 28,822
8.4%
2
United Kingdom
CAD 28,498
9.5%
3
Russia
CAD 27,388
13.0%
4
France
CAD 26,979
14.3%
5
Norway
CAD 26,578
15.6%
6
Luxembourg
CAD 26,050
17.3%
7
Austria
CAD 25,902
17.7%
8
Hungary
CAD 25,656
18.5%
9
Spain
CAD 25,579
18.7%
10
Ukraine
CAD 25,341
19.5%
11
Czech Republic
CAD 25,099
20.3%
12
Italy
CAD 23,580
25.1%
13
Germany
CAD 23,335
25.9%
14
Greece
CAD 22,984
27.0%
15
Sweden
CAD 22,893
27.3%
16
Poland
CAD 21,838
30.6%
17
Denmark
CAD 21,095
33.0%
18
Finland
CAD 20,995
33.3%
19
Portugal
CAD 20,708
34.2%
20
Netherlands
CAD 19,810
37.1%
21
Belgium
CAD 19,568
37.8%
22
Romania
CAD 18,416
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 26,557
15.6%
1
Canada
CAD 23,389
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 29,782
5.4%
1
Taiwan
CAD 28,356
9.9%
2
Thailand
CAD 28,272
10.2%
3
Australia
CAD 28,028
11.0%
4
South Korea
CAD 26,651
15.3%
5
New Zealand
CAD 26,347
16.3%
6
Pakistan
CAD 25,976
17.5%
7
Indonesia
CAD 25,633
18.6%
8
Malaysia
CAD 25,372
19.4%
9
Kazakhstan
CAD 25,134
20.2%
10
Japan
CAD 25,106
20.3%
11
Singapore
CAD 24,969
20.7%
12
Philippines
CAD 24,266
22.9%
13
Vietnam
CAD 23,279
26.1%
14
China
CAD 22,166
29.6%
15
India
CAD 21,107
33.0%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 28,462
9.6%
1
Costa Rica
CAD 28,134
10.6%
2
Puerto Rico
CAD 28,052
10.9%
3
Ecuador
CAD 27,362
13.1%
4
Colombia
CAD 26,685
15.2%
5
Panama
CAD 26,115
17.0%
6
Chile
CAD 25,445
19.2%
7
Mexico
CAD 24,889
20.9%
8
Peru
CAD 24,200
23.1%
9
Brazil
CAD 23,605
25.0%
10
Uruguay
CAD 23,035
26.8%
11
Argentina
CAD 20,452
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 25,588
18.7%
1
Mozambique
CAD 23,434
25.6%
2
Angola
CAD 23,143
26.5%
3
Kenya
CAD 22,742
27.8%
4
Ivory Coast
CAD 22,229
29.4%
5
Morocco
CAD 22,224
29.4%
6
Ghana
CAD 22,213
29.4%
7
Nigeria
CAD 21,586
31.4%
8
Cameroon
CAD 20,883
33.7%
9
Uganda
CAD 20,872
33.7%
10
Senegal
CAD 20,458
35.0%
11
Zambia
CAD 19,767
37.2%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 29,906
5.0%
1
Qatar
CAD 29,906
5.0%
2
Bahrain
CAD 28,962
8.0%
3
Oman
CAD 28,962
8.0%
4
Saudi Arabia
CAD 28,332
10.0%
5
Kuwait
CAD 28,017
11.0%
6
Israel
CAD 27,023
14.2%
7
Egypt
CAD 23,995
23.8%
8
Lebanon
CAD 23,874
24.2%
9
Turkey
CAD 18,389
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.