Income tax calculator Ontario
Find out how much your salary is after tax
Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$4,260
Federal tax deduction
- $429
CPP deduction
- $43.32
EI deduction
- $67.31
Total tax
- $540
Net pay
*
$3,720
Marginal tax rate
21.2%
Average tax rate
12.7%
87.3%
Net pay
12.7%
Total tax
Total tax
Net pay
Want to send us feedback? Click here >
The Taxberg
$3,720
Net pay
$138
Tax the employer pays
$540
Tax you pay
Total tax paid
$678
Did you know your employer also pays tax on your salary? It costs the employer $138 to pay you $4,260. In other words, every time you spend $10 of your hard-earned money, $1.59 goes to the government.
Real tax rate
15.4%
So, with you and the employer both paying tax, what used to be a 12.7% tax rate now rises to 15.4%, meaning your real tax rate is actually 2.7% higher than what it seemed at first.
Summary
If you make $4,260 a year living in the region of Ontario, Canada, you will be taxed $540. That means that your net pay will be $3,720 per year, or $310 per month. Your average tax rate is 12.7% and your marginal tax rate is 21.2%. 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 $21.18, hence, your net pay will only increase by $78.82.
Bonus Example
A $1,000 bonus will generate an extra $788 of net incomes. A $5,000 bonus will generate an extra $3,941 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 3,784
11.2%
1
British Columbia
CAD 3,720
12.7%
2
Ontario
CAD 3,720
12.7%
3
Nunavut
CAD 3,554
16.6%
4
Yukon
CAD 3,537
17.0%
5
Northwest Territories
CAD 3,475
18.4%
6
Newfoundland and Labrador
CAD 3,359
21.1%
7
Nova Scotia
CAD 3,355
21.2%
8
New Brunswick
CAD 3,330
21.8%
9
Prince Edward Island
CAD 3,313
22.2%
10
Alberta
CAD 3,305
22.4%
11
Saskatchewan
CAD 3,284
22.9%
12
Manitoba
CAD 3,272
23.2%
13
Show more
Europe
Country
Net pay
Average tax
Rank
United Kingdom
CAD 4,260
0.0%
1
Germany
CAD 4,260
0.0%
2
Austria
CAD 4,260
0.0%
3
Ireland
CAD 4,260
0.0%
4
Norway
CAD 4,260
0.0%
5
Spain
CAD 3,989
6.4%
6
Switzerland
CAD 3,932
7.7%
7
Italy
CAD 3,869
9.2%
8
France
CAD 3,847
9.7%
9
Czech Republic
CAD 3,791
11.0%
10
Luxembourg
CAD 3,789
11.1%
11
Sweden
CAD 3,738
12.3%
12
Russia
CAD 3,706
13.0%
13
Hungary
CAD 3,472
18.5%
14
Ukraine
CAD 3,429
19.5%
15
Poland
CAD 3,345
21.5%
16
Greece
CAD 3,329
21.9%
17
Portugal
CAD 3,172
25.6%
18
Finland
CAD 2,950
30.8%
19
Belgium
CAD 2,897
32.0%
20
Denmark
CAD 2,782
34.7%
21
Netherlands
CAD 2,680
37.1%
22
Romania
CAD 2,492
41.5%
23
Show more
North America
Country
Net pay
Average tax
Rank
USA
CAD 3,891
8.7%
1
Canada
CAD 3,720
12.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
CAD 4,260
0.0%
1
Singapore
CAD 4,260
0.0%
2
Hong Kong
CAD 4,260
0.0%
3
Pakistan
CAD 4,214
1.1%
4
Thailand
CAD 4,047
5.0%
5
Philippines
CAD 4,016
5.7%
6
Indonesia
CAD 3,916
8.1%
7
Taiwan
CAD 3,883
8.9%
8
South Korea
CAD 3,805
10.7%
9
Malaysia
CAD 3,756
11.8%
10
New Zealand
CAD 3,753
11.9%
11
India
CAD 3,749
12.0%
12
China
CAD 3,698
13.2%
13
Vietnam
CAD 3,597
15.6%
14
Japan
CAD 3,462
18.7%
15
Kazakhstan
CAD 3,374
20.8%
16
Show more
Latin America
Country
Net pay
Average tax
Rank
Mexico
CAD 4,140
2.8%
1
Colombia
CAD 4,369
7.2%
2
Brazil
CAD 3,930
7.8%
3
Puerto Rico
CAD 3,921
8.0%
4
Ecuador
CAD 3,857
9.5%
5
Guatemala
CAD 3,852
9.6%
6
Costa Rica
CAD 3,813
10.5%
7
Panama
CAD 3,791
11.0%
8
Peru
CAD 3,727
12.5%
9
Argentina
CAD 3,536
17.0%
10
Chile
CAD 3,510
17.6%
11
Uruguay
CAD 3,489
18.1%
12
Show more
Africa
Country
Net pay
Average tax
Rank
South Africa
CAD 4,217
1.0%
1
Morocco
CAD 3,960
7.0%
2
Kenya
CAD 3,665
14.0%
3
Ivory Coast
CAD 3,634
14.7%
4
Cameroon
CAD 3,594
15.6%
5
Zambia
CAD 3,555
16.5%
6
Mozambique
CAD 3,498
17.9%
7
Ghana
CAD 3,385
20.5%
8
Angola
CAD 3,266
23.3%
9
Senegal
CAD 3,227
24.2%
10
Uganda
CAD 3,183
25.3%
11
Nigeria
CAD 3,071
27.9%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Saudi Arabia
CAD 4,260
0.0%
1
United Arab Emirates
CAD 4,047
5.0%
2
Qatar
CAD 4,047
5.0%
3
Bahrain
CAD 3,919
8.0%
4
Oman
CAD 3,919
8.0%
5
Kuwait
CAD 3,791
11.0%
6
Israel
CAD 3,700
13.2%
7
Lebanon
CAD 3,459
18.8%
8
Egypt
CAD 3,350
21.4%
9
Turkey
CAD 2,745
35.6%
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.