Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$38,357
Federal tax deduction
- $5,172
Provincial tax deduction
- $2,207
CPP deduction
- $1,987
EI deduction
- $606
Total tax
- $9,971
Net pay
* $28,386
Marginal tax rate
28.9%
Average tax rate
26.0%
74.0%
Net pay
26.0%
Total tax
Total tax
Net pay
The Taxberg
$28,386
Net pay
$2,835
Tax the employer pays
$9,971
Tax you pay
Total tax paid
$12,807
Did you know your employer also pays tax on your salary? It costs the employer $2,835 to pay you $38,357. 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
$38,357 yearly is how much per hour?
$19.67 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $38,357 a year living in the region of Ontario, Canada, you will be taxed $9,971. That means that your net pay will be $28,386 per year, or $2,365 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 29,162
24.0%
1
British Columbia
CAD 28,791
24.9%
2
Northwest Territories
CAD 28,482
25.7%
3
Ontario
CAD 28,386
26.0%
4
Yukon
CAD 28,386
26.0%
5
Quebec
CAD 28,124
26.7%
6
Newfoundland and Labrador
CAD 27,448
28.4%
7
New Brunswick
CAD 27,231
29.0%
8
Alberta
CAD 27,016
29.6%
9
Nova Scotia
CAD 26,909
29.8%
10
Prince Edward Island
CAD 26,832
30.0%
11
Saskatchewan
CAD 26,837
30.0%
12
Manitoba
CAD 26,653
30.5%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
Switzerland
CAD 34,313
10.5%
1
Ireland
CAD 33,527
12.6%
2
Russia
CAD 33,371
13.0%
3
United Kingdom
CAD 33,089
13.7%
4
France
CAD 32,463
15.4%
5
Hungary
CAD 31,261
18.5%
6
Norway
CAD 31,176
18.7%
7
Luxembourg
CAD 30,905
19.4%
8
Ukraine
CAD 30,877
19.5%
9
Austria
CAD 30,465
20.6%
10
Spain
CAD 30,321
21.0%
11
Czech Republic
CAD 30,188
21.3%
12
Sweden
CAD 27,502
28.3%
13
Greece
CAD 27,426
28.5%
14
Italy
CAD 27,307
28.8%
15
Germany
CAD 27,218
29.0%
16
Poland
CAD 26,229
31.6%
17
Denmark
CAD 25,732
32.9%
18
Finland
CAD 25,226
34.2%
19
Portugal
CAD 24,420
36.3%
20
Netherlands
CAD 24,137
37.1%
21
Romania
CAD 22,439
41.5%
22
Belgium
CAD 22,296
41.9%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 31,695
17.4%
1
Canada
CAD 28,386
26.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 36,033
6.1%
1
Taiwan
CAD 34,301
10.6%
2
Thailand
CAD 33,791
11.9%
3
Australia
CAD 33,461
12.8%
4
South Korea
CAD 32,028
16.5%
5
New Zealand
CAD 31,875
16.9%
6
Kazakhstan
CAD 30,704
20.0%
7
Indonesia
CAD 30,636
20.1%
8
Pakistan
CAD 30,618
20.2%
9
Singapore
CAD 30,235
21.2%
10
Japan
CAD 30,092
21.6%
11
Malaysia
CAD 29,983
21.8%
12
Philippines
CAD 28,908
24.6%
13
Vietnam
CAD 27,889
27.3%
14
China
CAD 26,243
31.6%
15
India
CAD 25,013
34.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 34,679
9.6%
1
Puerto Rico
CAD 33,849
11.8%
2
Costa Rica
CAD 33,716
12.1%
3
Ecuador
CAD 32,727
14.7%
4
Colombia
CAD 31,522
17.8%
5
Panama
CAD 31,317
18.4%
6
Chile
CAD 30,826
19.6%
7
Mexico
CAD 29,717
22.5%
8
Peru
CAD 29,357
23.5%
9
Brazil
CAD 28,591
25.5%
10
Uruguay
CAD 27,706
27.8%
11
Argentina
CAD 24,922
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 30,262
21.1%
1
Angola
CAD 28,146
26.6%
2
Mozambique
CAD 28,013
27.0%
3
Kenya
CAD 27,556
28.2%
4
Ghana
CAD 26,763
30.2%
5
Ivory Coast
CAD 26,690
30.4%
6
Morocco
CAD 26,392
31.2%
7
Nigeria
CAD 26,264
31.5%
8
Uganda
CAD 25,342
33.9%
9
Cameroon
CAD 25,070
34.6%
10
Senegal
CAD 24,608
35.9%
11
Zambia
CAD 23,996
37.4%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 36,439
5.0%
1
Qatar
CAD 36,439
5.0%
2
Bahrain
CAD 35,288
8.0%
3
Oman
CAD 35,288
8.0%
4
Saudi Arabia
CAD 34,521
10.0%
5
Kuwait
CAD 34,138
11.0%
6
Israel
CAD 32,248
15.9%
7
Egypt
CAD 29,153
24.0%
8
Lebanon
CAD 29,031
24.3%
9
Turkey
CAD 22,606
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.