Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$38,313
Federal tax deduction
- $5,165
Provincial tax deduction
- $2,203
CPP deduction
- $1,984
EI deduction
- $605
Total tax
- $9,959
Net pay
* $28,354
Marginal tax rate
28.9%
Average tax rate
26.0%
74.0%
Net pay
26.0%
Total tax
Total tax
Net pay
The Taxberg
$28,354
Net pay
$2,832
Tax the employer pays
$9,959
Tax you pay
Total tax paid
$12,790
Did you know your employer also pays tax on your salary? It costs the employer $2,832 to pay you $38,313. 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
$38,313 yearly is how much per hour?
$19.65 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $38,313 a year living in the region of Ontario, Canada, you will be taxed $9,959. That means that your net pay will be $28,354 per year, or $2,363 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 29,129
24.0%
1
British Columbia
CAD 28,758
24.9%
2
Northwest Territories
CAD 28,450
25.7%
3
Ontario
CAD 28,354
26.0%
4
Yukon
CAD 28,354
26.0%
5
Quebec
CAD 28,095
26.7%
6
Newfoundland and Labrador
CAD 27,417
28.4%
7
New Brunswick
CAD 27,200
29.0%
8
Alberta
CAD 26,986
29.6%
9
Nova Scotia
CAD 26,881
29.8%
10
Prince Edward Island
CAD 26,803
30.0%
11
Saskatchewan
CAD 26,807
30.0%
12
Manitoba
CAD 26,624
30.5%
13
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Europe
Country 
Net pay
Average tax
Rank
Switzerland
CAD 34,278
10.5%
1
Ireland
CAD 33,495
12.6%
2
Russia
CAD 33,332
13.0%
3
United Kingdom
CAD 33,059
13.7%
4
France
CAD 32,429
15.4%
5
Hungary
CAD 31,225
18.5%
6
Norway
CAD 31,147
18.7%
7
Luxembourg
CAD 30,875
19.4%
8
Ukraine
CAD 30,842
19.5%
9
Austria
CAD 30,443
20.5%
10
Spain
CAD 30,292
20.9%
11
Czech Republic
CAD 30,155
21.3%
12
Sweden
CAD 27,473
28.3%
13
Greece
CAD 27,399
28.5%
14
Italy
CAD 27,289
28.8%
15
Germany
CAD 27,193
29.0%
16
Poland
CAD 26,201
31.6%
17
Denmark
CAD 25,702
32.9%
18
Finland
CAD 25,200
34.2%
19
Portugal
CAD 24,397
36.3%
20
Netherlands
CAD 24,110
37.1%
21
Romania
CAD 22,413
41.5%
22
Belgium
CAD 22,283
41.8%
23
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 30,233
21.1%
1
Angola
CAD 28,114
26.6%
2
Mozambique
CAD 27,984
27.0%
3
Kenya
CAD 27,525
28.2%
4
Ghana
CAD 26,733
30.2%
5
Ivory Coast
CAD 26,662
30.4%
6
Morocco
CAD 26,365
31.2%
7
Nigeria
CAD 26,234
31.5%
8
Uganda
CAD 25,313
33.9%
9
Cameroon
CAD 25,044
34.6%
10
Senegal
CAD 24,581
35.8%
11
Zambia
CAD 23,969
37.4%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 36,397
5.0%
1
Qatar
CAD 36,397
5.0%
2
Bahrain
CAD 35,248
8.0%
3
Oman
CAD 35,248
8.0%
4
Saudi Arabia
CAD 34,482
10.0%
5
Kuwait
CAD 34,099
11.0%
6
Israel
CAD 32,215
15.9%
7
Egypt
CAD 29,120
24.0%
8
Lebanon
CAD 28,998
24.3%
9
Turkey
CAD 22,581
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.