Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$45,054
Federal tax deduction
- $6,103
Provincial tax deduction
- $2,573
CPP deduction
- $2,369
EI deduction
- $712
Total tax
- $11,756
Net pay
* $33,298
Marginal tax rate
32.0%
Average tax rate
26.1%
73.9%
Net pay
26.1%
Total tax
Total tax
Net pay
The Taxberg
$33,298
Net pay
$3,365
Tax the employer pays
$11,756
Tax you pay
Total tax paid
$15,122
Did you know your employer also pays tax on your salary? It costs the employer $3,365 to pay you $45,054. In other words, every time you spend $10 of your hard-earned money, $3.36 goes to the government.
Real tax rate
31.2%
So, with you and the employer both paying tax, what used to be a 26.1% tax rate now rises to 31.2%, meaning your real tax rate is actually 5.1% higher than what it seemed at first.
People also ask
$45,054 yearly is how much per hour?
$23.10 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $45,054 a year living in the region of Ontario, Canada, you will be taxed $11,756. That means that your net pay will be $33,298 per year, or $2,775 per month. Your average tax rate is 26.1% and your marginal tax rate is 32.0%. 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 $31.97, hence, your net pay will only increase by $68.03.
Bonus Example
A $1,000 bonus will generate an extra $680 of net incomes. A $5,000 bonus will generate an extra $3,402 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
$45,500
$46,000
$46,500
$47,000
$47,500
$48,000
$48,500
$49,000
$49,500
$50,000
$50,500
$51,000
$51,500
$52,000
$52,500
$53,000
$53,500
$54,000
$54,500
$55,000
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 34,191
24.1%
1
British Columbia
CAD 33,694
25.2%
2
Northwest Territories
CAD 33,393
25.9%
3
Ontario
CAD 33,298
26.1%
4
Yukon
CAD 33,267
26.2%
5
Quebec
CAD 32,516
27.8%
6
New Brunswick
CAD 31,916
29.2%
7
Newfoundland and Labrador
CAD 31,877
29.2%
8
Alberta
CAD 31,673
29.7%
9
Saskatchewan
CAD 31,463
30.2%
10
Nova Scotia
CAD 31,229
30.7%
11
Prince Edward Island
CAD 31,234
30.7%
12
Manitoba
CAD 31,130
30.9%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 36,650
18.7%
1
Canada
CAD 33,298
26.1%
2
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 42,801
5.0%
1
Qatar
CAD 42,801
5.0%
2
Bahrain
CAD 41,450
8.0%
3
Oman
CAD 41,450
8.0%
4
Saudi Arabia
CAD 40,549
10.0%
5
Kuwait
CAD 40,098
11.0%
6
Israel
CAD 37,224
17.4%
7
Egypt
CAD 34,175
24.2%
8
Lebanon
CAD 34,054
24.4%
9
Turkey
CAD 26,507
41.2%
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.