Income tax calculator Ontario
Find out how much your salary is after tax
Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$38,980
Federal tax deduction
- $5,258
Provincial tax deduction
- $2,255
CPP deduction
- $2,022
EI deduction
- $616
Total tax
- $10,151
Net pay
*
$28,829
Marginal tax rate
28.9%
Average tax rate
26.0%
74.0%
Net pay
26.0%
Total tax
Total tax
Net pay
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The Taxberg
$28,829
Net pay
$2,885
Tax the employer pays
$10,151
Tax you pay
Total tax paid
$13,036
Did you know your employer also pays tax on your salary? It costs the employer $2,885 to pay you $38,980. 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.
Summary
If you make $38,980 a year living in the region of Ontario, Canada, you will be taxed $10,151. That means that your net pay will be $28,829 per year, or $2,402 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
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 29,630
24.0%
1
British Columbia
CAD 29,249
25.0%
2
Northwest Territories
CAD 28,939
25.8%
3
Ontario
CAD 28,829
26.0%
4
Yukon
CAD 28,840
26.0%
5
Quebec
CAD 28,532
26.8%
6
Newfoundland and Labrador
CAD 27,883
28.5%
7
New Brunswick
CAD 27,667
29.0%
8
Alberta
CAD 27,449
29.6%
9
Nova Scotia
CAD 27,311
29.9%
10
Saskatchewan
CAD 27,268
30.0%
11
Prince Edward Island
CAD 27,242
30.1%
12
Manitoba
CAD 27,070
30.6%
13
Show more
North America
Country
Net pay
Average tax
Rank
USA
CAD 32,156
17.5%
1
Canada
CAD 28,829
26.0%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Hong Kong
CAD 36,589
6.1%
1
Taiwan
CAD 34,839
10.6%
2
Thailand
CAD 34,278
12.1%
3
Australia
CAD 33,953
12.9%
4
South Korea
CAD 32,516
16.6%
5
New Zealand
CAD 32,349
17.0%
6
Kazakhstan
CAD 31,209
19.9%
7
Indonesia
CAD 31,089
20.2%
8
Pakistan
CAD 31,038
20.4%
9
Singapore
CAD 30,713
21.2%
10
Japan
CAD 30,517
21.7%
11
Malaysia
CAD 30,394
22.0%
12
Philippines
CAD 29,328
24.8%
13
Vietnam
CAD 28,287
27.4%
14
China
CAD 26,554
31.9%
15
India
CAD 25,367
34.9%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
CAD 35,242
9.6%
1
Puerto Rico
CAD 34,368
11.8%
2
Costa Rica
CAD 34,217
12.2%
3
Ecuador
CAD 33,207
14.8%
4
Colombia
CAD 31,957
18.0%
5
Panama
CAD 31,789
18.5%
6
Chile
CAD 31,299
19.7%
7
Mexico
CAD 30,143
22.7%
8
Peru
CAD 29,815
23.5%
9
Brazil
CAD 29,043
25.5%
10
Uruguay
CAD 28,150
27.8%
11
Argentina
CAD 25,327
35.0%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
CAD 30,674
21.3%
1
Angola
CAD 28,599
26.6%
2
Mozambique
CAD 28,418
27.1%
3
Kenya
CAD 27,992
28.2%
4
Ghana
CAD 27,175
30.3%
5
Ivory Coast
CAD 27,087
30.5%
6
Morocco
CAD 26,769
31.3%
7
Nigeria
CAD 26,687
31.5%
8
Uganda
CAD 25,747
34.0%
9
Cameroon
CAD 25,450
34.7%
10
Senegal
CAD 24,981
35.9%
11
Zambia
CAD 24,379
37.5%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
CAD 37,031
5.0%
1
Qatar
CAD 37,031
5.0%
2
Bahrain
CAD 35,862
8.0%
3
Oman
CAD 35,862
8.0%
4
Saudi Arabia
CAD 35,082
10.0%
5
Kuwait
CAD 34,692
11.0%
6
Israel
CAD 32,719
16.1%
7
Egypt
CAD 29,620
24.0%
8
Lebanon
CAD 29,499
24.3%
9
Turkey
CAD 22,969
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.