Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$48,984
Federal tax deduction
- $6,650
Provincial tax deduction
- $2,997
CPP deduction
- $2,593
EI deduction
- $774
Total tax
- $13,013
Net pay
* $35,971
Marginal tax rate
32.0%
Average tax rate
26.6%
73.4%
Net pay
26.6%
Total tax
Total tax
Net pay
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Summary
If you make $48,984 a year living in the region of Ontario, Canada, you will be taxed $13,013. That means that your net pay will be $35,971 per year, or $2,998 per month. Your average tax rate is 26.6% 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
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New Brunswick
Newfoundland and Labrador
Northwest Territories
Nova Scotia
Nunavut
Ontario
Prince Edward Island
Quebec
Saskatchewan
Yukon
Tax per income
$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
$55,500
$56,000
$56,500
$57,000
$57,500
$58,000
Europe
Country 
Net pay
Average tax
Rank
Switzerland
CAD 42,983
12.3%
1
Russia
CAD 42,616
13.0%
2
Ireland
CAD 41,125
16.0%
3
United Kingdom
CAD 40,182
18.0%
4
France
CAD 40,023
18.3%
5
Hungary
CAD 39,922
18.5%
6
Ukraine
CAD 39,432
19.5%
7
Norway
CAD 38,190
22.0%
8
Czech Republic
CAD 38,052
22.3%
9
Luxembourg
CAD 37,678
23.1%
10
Spain
CAD 37,272
23.9%
11
Austria
CAD 36,096
26.3%
12
Sweden
CAD 34,657
29.3%
13
Greece
CAD 33,993
30.6%
14
Germany
CAD 33,103
32.4%
15
Denmark
CAD 32,995
32.6%
16
Poland
CAD 32,734
33.2%
17
Italy
CAD 31,945
34.8%
18
Finland
CAD 31,139
36.4%
19
Netherlands
CAD 30,825
37.1%
20
Portugal
CAD 29,948
38.9%
21
Romania
CAD 28,656
41.5%
22
Belgium
CAD 25,518
47.9%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 39,558
19.2%
1
Canada
CAD 35,971
26.6%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 44,287
9.6%
1
Puerto Rico
CAD 42,348
13.6%
2
Costa Rica
CAD 42,131
14.0%
3
Ecuador
CAD 40,897
16.5%
4
Panama
CAD 39,357
19.7%
5
Chile
CAD 39,279
19.8%
6
Colombia
CAD 38,960
20.5%
7
Peru
CAD 37,108
24.3%
8
Mexico
CAD 36,874
24.7%
9
Brazil
CAD 36,296
25.9%
10
Uruguay
CAD 34,816
28.9%
11
Argentina
CAD 31,830
35.0%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 46,535
5.0%
1
Qatar
CAD 46,535
5.0%
2
Bahrain
CAD 45,065
8.0%
3
Oman
CAD 45,065
8.0%
4
Saudi Arabia
CAD 44,086
10.0%
5
Kuwait
CAD 43,596
11.0%
6
Israel
CAD 40,030
18.3%
7
Egypt
CAD 37,123
24.2%
8
Lebanon
CAD 37,002
24.5%
9
Turkey
CAD 28,796
41.2%
10
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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.