Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$38,398
Federal tax deduction
- $5,177
Provincial tax deduction
- $2,210
CPP deduction
- $1,989
EI deduction
- $607
Total tax
- $9,983
Net pay
* $28,415
Marginal tax rate
28.9%
Average tax rate
26.0%
74.0%
Net pay
26.0%
Total tax
Total tax
Net pay
The Taxberg
$28,415
Net pay
$2,839
Tax the employer pays
$9,983
Tax you pay
Total tax paid
$12,822
Did you know your employer also pays tax on your salary? It costs the employer $2,839 to pay you $38,398. 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
$38,398 yearly is how much per hour?
$19.69 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $38,398 a year living in the region of Ontario, Canada, you will be taxed $9,983. That means that your net pay will be $28,415 per year, or $2,368 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 29,193
24.0%
1
British Columbia
CAD 28,821
24.9%
2
Northwest Territories
CAD 28,513
25.7%
3
Ontario
CAD 28,415
26.0%
4
Yukon
CAD 28,416
26.0%
5
Quebec
CAD 28,150
26.7%
6
Newfoundland and Labrador
CAD 27,477
28.4%
7
New Brunswick
CAD 27,259
29.0%
8
Alberta
CAD 27,045
29.6%
9
Nova Scotia
CAD 26,936
29.9%
10
Saskatchewan
CAD 26,866
30.0%
11
Prince Edward Island
CAD 26,859
30.1%
12
Manitoba
CAD 26,680
30.5%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
Switzerland
CAD 34,346
10.6%
1
Ireland
CAD 33,556
12.6%
2
Russia
CAD 33,406
13.0%
3
United Kingdom
CAD 33,116
13.8%
4
France
CAD 32,495
15.4%
5
Hungary
CAD 31,294
18.5%
6
Norway
CAD 31,203
18.7%
7
Luxembourg
CAD 30,932
19.4%
8
Ukraine
CAD 30,910
19.5%
9
Austria
CAD 30,487
20.6%
10
Spain
CAD 30,348
21.0%
11
Czech Republic
CAD 30,218
21.3%
12
Sweden
CAD 27,529
28.3%
13
Greece
CAD 27,452
28.5%
14
Italy
CAD 27,325
28.8%
15
Germany
CAD 27,241
29.1%
16
Poland
CAD 26,255
31.6%
17
Denmark
CAD 25,760
32.9%
18
Finland
CAD 25,251
34.2%
19
Portugal
CAD 24,441
36.4%
20
Netherlands
CAD 24,163
37.1%
21
Romania
CAD 22,463
41.5%
22
Belgium
CAD 22,308
41.9%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 31,725
17.4%
1
Canada
CAD 28,415
26.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 36,070
6.1%
1
Taiwan
CAD 34,336
10.6%
2
Thailand
CAD 33,823
11.9%
3
Australia
CAD 33,493
12.8%
4
South Korea
CAD 32,060
16.5%
5
New Zealand
CAD 31,906
16.9%
6
Kazakhstan
CAD 30,738
20.0%
7
Indonesia
CAD 30,666
20.1%
8
Pakistan
CAD 30,646
20.2%
9
Singapore
CAD 30,267
21.2%
10
Japan
CAD 30,120
21.6%
11
Malaysia
CAD 30,010
21.8%
12
Philippines
CAD 28,936
24.6%
13
Vietnam
CAD 27,916
27.3%
14
China
CAD 26,263
31.6%
15
India
CAD 25,036
34.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 34,716
9.6%
1
Puerto Rico
CAD 33,883
11.8%
2
Costa Rica
CAD 33,749
12.1%
3
Ecuador
CAD 32,759
14.7%
4
Colombia
CAD 31,550
17.8%
5
Panama
CAD 31,349
18.4%
6
Chile
CAD 30,857
19.6%
7
Mexico
CAD 29,745
22.5%
8
Peru
CAD 29,388
23.5%
9
Brazil
CAD 28,621
25.5%
10
Uruguay
CAD 27,734
27.8%
11
Argentina
CAD 24,949
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 30,289
21.1%
1
Angola
CAD 28,176
26.6%
2
Mozambique
CAD 28,039
27.0%
3
Kenya
CAD 27,584
28.2%
4
Ghana
CAD 26,790
30.2%
5
Ivory Coast
CAD 26,716
30.4%
6
Morocco
CAD 26,416
31.2%
7
Nigeria
CAD 26,291
31.5%
8
Uganda
CAD 25,368
33.9%
9
Cameroon
CAD 25,095
34.6%
10
Senegal
CAD 24,632
35.9%
11
Zambia
CAD 24,022
37.4%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 36,478
5.0%
1
Qatar
CAD 36,478
5.0%
2
Bahrain
CAD 35,326
8.0%
3
Oman
CAD 35,326
8.0%
4
Saudi Arabia
CAD 34,558
10.0%
5
Kuwait
CAD 34,174
11.0%
6
Israel
CAD 32,279
15.9%
7
Egypt
CAD 29,183
24.0%
8
Lebanon
CAD 29,062
24.3%
9
Turkey
CAD 22,630
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.