Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$35,840
Federal tax deduction
- $4,822
Provincial tax deduction
- $2,013
CPP deduction
- $1,843
EI deduction
- $566
Total tax
- $9,245
Net pay
* $26,595
Marginal tax rate
28.9%
Average tax rate
25.8%
74.2%
Net pay
25.8%
Total tax
Total tax
Net pay
The Taxberg
$26,595
Net pay
$2,636
Tax the employer pays
$9,245
Tax you pay
Total tax paid
$11,881
Did you know your employer also pays tax on your salary? It costs the employer $2,636 to pay you $35,840. In other words, every time you spend $10 of your hard-earned money, $3.31 goes to the government.
Real tax rate
30.9%
So, with you and the employer both paying tax, what used to be a 25.8% tax rate now rises to 30.9%, meaning your real tax rate is actually 5.1% higher than what it seemed at first.
People also ask
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Summary
If you make $35,840 a year living in the region of Ontario, Canada, you will be taxed $9,245. That means that your net pay will be $26,595 per year, or $2,216 per month. Your average tax rate is 25.8% and your marginal tax rate is 28.9%. 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 $28.87, hence, your net pay will only increase by $71.13.
Bonus Example
A $1,000 bonus will generate an extra $711 of net incomes. A $5,000 bonus will generate an extra $3,557 of net incomes.
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
$35,500
$36,000
$36,500
$37,000
$37,500
$38,000
$38,500
$39,000
$39,500
$40,000
$40,500
$41,000
$41,500
$42,000
$42,500
$43,000
$43,500
$44,000
$44,500
$45,000
North America
Country 
Net pay
Average tax
Rank
USA
CAD 29,833
16.8%
1
Canada
CAD 26,595
25.8%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 33,761
5.8%
1
Taiwan
CAD 32,125
10.4%
2
Thailand
CAD 31,793
11.3%
3
Australia
CAD 31,472
12.2%
4
South Korea
CAD 30,060
16.1%
5
New Zealand
CAD 29,883
16.6%
6
Pakistan
CAD 28,919
19.3%
7
Indonesia
CAD 28,805
19.6%
8
Kazakhstan
CAD 28,666
20.0%
9
Japan
CAD 28,331
21.0%
10
Malaysia
CAD 28,326
21.0%
11
Singapore
CAD 28,308
21.0%
12
Philippines
CAD 27,209
24.1%
13
Vietnam
CAD 26,204
26.9%
14
China
CAD 24,987
30.3%
15
India
CAD 23,583
34.2%
16
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 28,595
20.2%
1
Mozambique
CAD 26,345
26.5%
2
Angola
CAD 26,315
26.6%
3
Kenya
CAD 25,794
28.0%
4
Ghana
CAD 25,098
30.0%
5
Ivory Coast
CAD 25,083
30.0%
6
Morocco
CAD 24,866
30.6%
7
Nigeria
CAD 24,551
31.5%
8
Uganda
CAD 23,706
33.9%
9
Cameroon
CAD 23,538
34.3%
10
Senegal
CAD 23,097
35.6%
11
Zambia
CAD 22,448
37.4%
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.