Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$38,025
Federal tax deduction
- $5,125
Provincial tax deduction
- $2,181
CPP deduction
- $1,968
EI deduction
- $601
Total tax
- $9,875
Net pay
* $28,150
Marginal tax rate
28.9%
Average tax rate
26.0%
74.0%
Net pay
26.0%
Total tax
Total tax
Net pay
The Taxberg
$28,150
Net pay
$2,809
Tax the employer pays
$9,875
Tax you pay
Total tax paid
$12,684
Did you know your employer also pays tax on your salary? It costs the employer $2,809 to pay you $38,025. In other words, every time you spend $10 of your hard-earned money, $3.34 goes to the government.
Real tax rate
31.1%
So, with you and the employer both paying tax, what used to be a 26% tax rate now rises to 31.1%, meaning your real tax rate is actually 5.1% higher than what it seemed at first.
People also ask
$38,025 yearly is how much per hour?
$19.50 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $38,025 a year living in the region of Ontario, Canada, you will be taxed $9,875. That means that your net pay will be $28,150 per year, or $2,346 per month. Your average tax rate is 26.0% 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
$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
$47,500
$48,000
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 28,913
24.0%
1
British Columbia
CAD 28,546
24.9%
2
Northwest Territories
CAD 28,239
25.7%
3
Ontario
CAD 28,150
26.0%
4
Yukon
CAD 28,144
26.0%
5
Quebec
CAD 27,906
26.6%
6
Newfoundland and Labrador
CAD 27,217
28.4%
7
New Brunswick
CAD 26,998
29.0%
8
Alberta
CAD 26,785
29.6%
9
Nova Scotia
CAD 26,695
29.8%
10
Prince Edward Island
CAD 26,614
30.0%
11
Saskatchewan
CAD 26,608
30.0%
12
Manitoba
CAD 26,431
30.5%
13
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Europe
Country 
Net pay
Average tax
Rank
Switzerland
CAD 34,049
10.5%
1
Ireland
CAD 33,289
12.5%
2
Russia
CAD 33,082
13.0%
3
United Kingdom
CAD 32,867
13.6%
4
France
CAD 32,208
15.3%
5
Hungary
CAD 30,990
18.5%
6
Norway
CAD 30,957
18.6%
7
Luxembourg
CAD 30,685
19.3%
8
Ukraine
CAD 30,610
19.5%
9
Austria
CAD 30,293
20.3%
10
Spain
CAD 30,103
20.8%
11
Czech Republic
CAD 29,942
21.3%
12
Sweden
CAD 27,279
28.3%
13
Greece
CAD 27,221
28.4%
14
Italy
CAD 27,166
28.6%
15
Germany
CAD 27,032
28.9%
16
Poland
CAD 26,017
31.6%
17
Denmark
CAD 25,505
32.9%
18
Finland
CAD 25,030
34.2%
19
Portugal
CAD 24,247
36.2%
20
Netherlands
CAD 23,928
37.1%
21
Romania
CAD 22,245
41.5%
22
Belgium
CAD 22,196
41.6%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 31,449
17.3%
1
Canada
CAD 28,150
26.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 35,737
6.0%
1
Taiwan
CAD 34,014
10.6%
2
Thailand
CAD 33,532
11.8%
3
Australia
CAD 33,199
12.7%
4
South Korea
CAD 31,769
16.5%
5
New Zealand
CAD 31,622
16.8%
6
Kazakhstan
CAD 30,436
20.0%
7
Indonesia
CAD 30,395
20.1%
8
Pakistan
CAD 30,394
20.1%
9
Singapore
CAD 29,981
21.2%
10
Japan
CAD 29,866
21.5%
11
Malaysia
CAD 29,765
21.7%
12
Philippines
CAD 28,684
24.6%
13
Vietnam
CAD 27,666
27.2%
14
China
CAD 26,077
31.4%
15
India
CAD 24,824
34.7%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 34,379
9.6%
1
Puerto Rico
CAD 33,573
11.7%
2
Costa Rica
CAD 33,448
12.0%
3
Ecuador
CAD 32,472
14.6%
4
Colombia
CAD 31,289
17.7%
5
Panama
CAD 31,066
18.3%
6
Chile
CAD 30,575
19.6%
7
Mexico
CAD 29,489
22.5%
8
Peru
CAD 29,114
23.4%
9
Brazil
CAD 28,351
25.4%
10
Uruguay
CAD 27,480
27.7%
11
Argentina
CAD 24,707
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 30,042
21.0%
1
Angola
CAD 27,905
26.6%
2
Mozambique
CAD 27,796
26.9%
3
Kenya
CAD 27,323
28.1%
4
Ghana
CAD 26,543
30.2%
5
Ivory Coast
CAD 26,478
30.4%
6
Morocco
CAD 26,190
31.1%
7
Nigeria
CAD 26,038
31.5%
8
Uganda
CAD 25,126
33.9%
9
Cameroon
CAD 24,868
34.6%
10
Senegal
CAD 24,408
35.8%
11
Zambia
CAD 23,792
37.4%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 36,124
5.0%
1
Qatar
CAD 36,124
5.0%
2
Bahrain
CAD 34,983
8.0%
3
Oman
CAD 34,983
8.0%
4
Saudi Arabia
CAD 34,223
10.0%
5
Kuwait
CAD 33,842
11.0%
6
Israel
CAD 31,997
15.9%
7
Egypt
CAD 28,904
24.0%
8
Lebanon
CAD 28,782
24.3%
9
Turkey
CAD 22,413
41.1%
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.