Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$37,118
Federal tax deduction
- $4,999
Provincial tax deduction
- $2,112
CPP deduction
- $1,916
EI deduction
- $586
Total tax
- $9,614
Net pay
* $27,504
Marginal tax rate
28.9%
Average tax rate
25.9%
74.1%
Net pay
25.9%
Total tax
Total tax
Net pay
The Taxberg
$27,504
Net pay
$2,737
Tax the employer pays
$9,614
Tax you pay
Total tax paid
$12,351
Did you know your employer also pays tax on your salary? It costs the employer $2,737 to pay you $37,118. In other words, every time you spend $10 of your hard-earned money, $3.33 goes to the government.
Real tax rate
31.0%
So, with you and the employer both paying tax, what used to be a 25.9% tax rate now rises to 31.0%, meaning your real tax rate is actually 5.1% higher than what it seemed at first.
People also ask
$37,118 yearly is how much per hour?
$19.03 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $37,118 a year living in the region of Ontario, Canada, you will be taxed $9,614. That means that your net pay will be $27,504 per year, or $2,292 per month. Your average tax rate is 25.9% 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.
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
$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
$45,500
$46,000
$46,500
$47,000
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 28,231
23.9%
1
British Columbia
CAD 27,878
24.9%
2
Northwest Territories
CAD 27,574
25.7%
3
Ontario
CAD 27,504
25.9%
4
Yukon
CAD 27,483
26.0%
5
Quebec
CAD 27,311
26.4%
6
Newfoundland and Labrador
CAD 26,584
28.4%
7
New Brunswick
CAD 26,362
29.0%
8
Alberta
CAD 26,155
29.5%
9
Nova Scotia
CAD 26,110
29.7%
10
Prince Edward Island
CAD 26,018
29.9%
11
Saskatchewan
CAD 25,981
30.0%
12
Manitoba
CAD 25,825
30.4%
13
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Europe
Country 
Net pay
Average tax
Rank
Switzerland
CAD 33,326
10.2%
1
Ireland
CAD 32,641
12.1%
2
Russia
CAD 32,293
13.0%
3
United Kingdom
CAD 32,262
13.1%
4
France
CAD 31,511
15.1%
5
Norway
CAD 30,358
18.2%
6
Hungary
CAD 30,251
18.5%
7
Luxembourg
CAD 30,086
19.0%
8
Ukraine
CAD 29,880
19.5%
9
Austria
CAD 29,820
19.7%
10
Spain
CAD 29,508
20.5%
11
Czech Republic
CAD 29,271
21.1%
12
Italy
CAD 26,782
27.9%
13
Sweden
CAD 26,672
28.1%
14
Greece
CAD 26,660
28.2%
15
Germany
CAD 26,523
28.5%
16
Poland
CAD 25,438
31.5%
17
Denmark
CAD 24,888
33.0%
18
Finland
CAD 24,494
34.0%
19
Portugal
CAD 23,775
36.0%
20
Netherlands
CAD 23,358
37.1%
21
Belgium
CAD 21,921
40.9%
22
Romania
CAD 21,714
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 30,778
17.1%
1
Canada
CAD 27,504
25.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 34,926
5.9%
1
Taiwan
CAD 33,230
10.5%
2
Thailand
CAD 32,816
11.6%
3
Australia
CAD 32,482
12.5%
4
South Korea
CAD 31,060
16.3%
5
New Zealand
CAD 30,920
16.7%
6
Pakistan
CAD 29,782
19.8%
7
Indonesia
CAD 29,735
19.9%
8
Kazakhstan
CAD 29,701
20.0%
9
Singapore
CAD 29,287
21.1%
10
Japan
CAD 29,240
21.2%
11
Malaysia
CAD 29,168
21.4%
12
Philippines
CAD 28,072
24.4%
13
Vietnam
CAD 27,059
27.1%
14
China
CAD 25,625
31.0%
15
India
CAD 24,309
34.5%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 33,559
9.6%
1
Puerto Rico
CAD 32,818
11.6%
2
Costa Rica
CAD 32,718
11.9%
3
Ecuador
CAD 31,774
14.4%
4
Colombia
CAD 30,655
17.4%
5
Panama
CAD 30,380
18.2%
6
Chile
CAD 29,883
19.5%
7
Mexico
CAD 28,869
22.2%
8
Peru
CAD 28,442
23.4%
9
Brazil
CAD 27,693
25.4%
10
Uruguay
CAD 26,864
27.6%
11
Argentina
CAD 24,117
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 29,441
20.7%
1
Angola
CAD 27,245
26.6%
2
Mozambique
CAD 27,193
26.7%
3
Kenya
CAD 26,688
28.1%
4
Ghana
CAD 25,943
30.1%
5
Ivory Coast
CAD 25,899
30.2%
6
Morocco
CAD 25,641
30.9%
7
Nigeria
CAD 25,421
31.5%
8
Uganda
CAD 24,536
33.9%
9
Cameroon
CAD 24,316
34.5%
10
Senegal
CAD 23,864
35.7%
11
Zambia
CAD 23,234
37.4%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 35,262
5.0%
1
Qatar
CAD 35,262
5.0%
2
Bahrain
CAD 34,149
8.0%
3
Oman
CAD 34,149
8.0%
4
Saudi Arabia
CAD 33,406
10.0%
5
Kuwait
CAD 33,035
11.0%
6
Israel
CAD 31,310
15.7%
7
Egypt
CAD 28,223
24.0%
8
Lebanon
CAD 28,102
24.3%
9
Turkey
CAD 21,885
41.0%
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.