Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$31,731
Federal tax deduction
- $4,250
Provincial tax deduction
- $1,796
CPP deduction
- $1,609
EI deduction
- $501
Total tax
- $8,156
Net pay
* $23,575
Marginal tax rate
25.9%
Average tax rate
25.7%
74.3%
Net pay
25.7%
Total tax
Total tax
Net pay
The Taxberg
$23,575
Net pay
$2,311
Tax the employer pays
$8,156
Tax you pay
Total tax paid
$10,467
Did you know your employer also pays tax on your salary? It costs the employer $2,311 to pay you $31,731. 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
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What is the average salary in Canada?
Summary
If you make $31,731 a year living in the region of Ontario, Canada, you will be taxed $8,156. That means that your net pay will be $23,575 per year, or $1,965 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
Europe
Country 
Net pay
Average tax
Rank
Ireland
CAD 29,119
8.2%
1
Switzerland
CAD 29,034
8.5%
2
United Kingdom
CAD 28,666
9.7%
3
Russia
CAD 27,606
13.0%
4
France
CAD 27,181
14.3%
5
Norway
CAD 26,749
15.7%
6
Luxembourg
CAD 26,230
17.3%
7
Austria
CAD 26,076
17.8%
8
Hungary
CAD 25,861
18.5%
9
Spain
CAD 25,754
18.8%
10
Ukraine
CAD 25,543
19.5%
11
Czech Republic
CAD 25,284
20.3%
12
Italy
CAD 23,723
25.2%
13
Germany
CAD 23,477
26.0%
14
Greece
CAD 23,148
27.1%
15
Sweden
CAD 23,061
27.3%
16
Poland
CAD 21,998
30.7%
17
Denmark
CAD 21,264
33.0%
18
Finland
CAD 21,151
33.3%
19
Portugal
CAD 20,844
34.3%
20
Netherlands
CAD 19,968
37.1%
21
Belgium
CAD 19,673
38.0%
22
Romania
CAD 18,563
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 26,747
15.7%
1
Canada
CAD 23,575
25.7%
2
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 25,761
18.8%
1
Mozambique
CAD 23,615
25.6%
2
Angola
CAD 23,326
26.5%
3
Kenya
CAD 22,917
27.8%
4
Ivory Coast
CAD 22,394
29.4%
5
Ghana
CAD 22,379
29.5%
6
Morocco
CAD 22,376
29.5%
7
Nigeria
CAD 21,757
31.4%
8
Cameroon
CAD 21,036
33.7%
9
Uganda
CAD 21,035
33.7%
10
Senegal
CAD 20,611
35.0%
11
Zambia
CAD 19,921
37.2%
12
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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.