Income tax calculator Ontario
Find out how much your salary is after tax
Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$5,032
Federal tax deduction
- $537
Provincial tax deduction
- $2.18
CPP deduction
- $87.32
EI deduction
- $79.51
Total tax
- $706
Net pay
*
$4,326
Marginal tax rate
28.0%
Average tax rate
14.0%
86.0%
Net pay
14.0%
Total tax
Total tax
Net pay
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The Taxberg
$4,326
Net pay
$199
Tax the employer pays
$706
Tax you pay
Total tax paid
$904
Did you know your employer also pays tax on your salary? It costs the employer $199 to pay you $5,032. In other words, every time you spend $10 of your hard-earned money, $1.80 goes to the government.
Real tax rate
17.3%
So, with you and the employer both paying tax, what used to be a 14% tax rate now rises to 17.3%, meaning your real tax rate is actually 3.3% higher than what it seemed at first.
Summary
If you make $5,032 a year living in the region of Ontario, Canada, you will be taxed $706. That means that your net pay will be $4,326 per year, or $361 per month. Your average tax rate is 14.0% and your marginal tax rate is 28.0%. 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 $27.99, hence, your net pay will only increase by $72.01.
Bonus Example
A $1,000 bonus will generate an extra $720 of net incomes. A $5,000 bonus will generate an extra $3,601 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 4,406
12.4%
1
British Columbia
CAD 4,328
14.0%
2
Ontario
CAD 4,326
14.0%
3
Nunavut
CAD 4,134
17.8%
4
Yukon
CAD 4,099
18.5%
5
Northwest Territories
CAD 4,041
19.7%
6
Newfoundland and Labrador
CAD 3,905
22.4%
7
Nova Scotia
CAD 3,901
22.5%
8
New Brunswick
CAD 3,871
23.1%
9
Prince Edward Island
CAD 3,852
23.5%
10
Alberta
CAD 3,842
23.7%
11
Saskatchewan
CAD 3,818
24.1%
12
Manitoba
CAD 3,803
24.4%
13
Show more
Europe
Country
Net pay
Average tax
Rank
United Kingdom
CAD 5,032
0.0%
1
Germany
CAD 5,032
0.0%
2
Austria
CAD 5,032
0.0%
3
Ireland
CAD 5,032
0.0%
4
Norway
CAD 5,032
0.0%
5
Spain
CAD 4,712
6.4%
6
Switzerland
CAD 4,652
7.6%
7
Italy
CAD 4,570
9.2%
8
France
CAD 4,544
9.7%
9
Czech Republic
CAD 4,478
11.0%
10
Luxembourg
CAD 4,476
11.1%
11
Russia
CAD 4,378
13.0%
12
Sweden
CAD 4,272
15.1%
13
Hungary
CAD 4,101
18.5%
14
Ukraine
CAD 4,051
19.5%
15
Poland
CAD 3,951
21.5%
16
Greece
CAD 3,933
21.9%
17
Portugal
CAD 3,746
25.6%
18
Finland
CAD 3,485
30.8%
19
Belgium
CAD 3,422
32.0%
20
Denmark
CAD 3,301
34.4%
21
Netherlands
CAD 3,166
37.1%
22
Romania
CAD 2,944
41.5%
23
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North America
Country
Net pay
Average tax
Rank
USA
CAD 4,596
8.7%
1
Canada
CAD 4,326
14.0%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
CAD 5,032
0.0%
1
Singapore
CAD 5,032
0.0%
2
Hong Kong
CAD 5,032
0.0%
3
Pakistan
CAD 4,966
1.3%
4
Thailand
CAD 4,780
5.0%
5
Philippines
CAD 4,769
5.2%
6
Indonesia
CAD 4,623
8.1%
7
Taiwan
CAD 4,587
8.9%
8
South Korea
CAD 4,489
10.8%
9
Malaysia
CAD 4,438
11.8%
10
New Zealand
CAD 4,434
11.9%
11
India
CAD 4,428
12.0%
12
China
CAD 4,317
14.2%
13
Vietnam
CAD 4,218
16.2%
14
Japan
CAD 4,089
18.7%
15
Kazakhstan
CAD 3,985
20.8%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
CAD 4,815
4.3%
1
Colombia
CAD 5,080
7.3%
2
Brazil
CAD 4,632
8.0%
3
Puerto Rico
CAD 4,632
8.0%
4
Ecuador
CAD 4,556
9.5%
5
Guatemala
CAD 4,550
9.6%
6
Costa Rica
CAD 4,504
10.5%
7
Panama
CAD 4,478
11.0%
8
Peru
CAD 4,403
12.5%
9
Chile
CAD 4,146
17.6%
10
Uruguay
CAD 4,058
19.4%
11
Argentina
CAD 3,534
29.8%
12
Show more
Africa
Country
Net pay
Average tax
Rank
South Africa
CAD 4,982
1.0%
1
Morocco
CAD 4,645
7.7%
2
Kenya
CAD 4,294
14.7%
3
Ivory Coast
CAD 4,235
15.8%
4
Cameroon
CAD 4,233
15.9%
5
Mozambique
CAD 4,092
18.7%
6
Zambia
CAD 4,002
20.5%
7
Ghana
CAD 3,933
21.9%
8
Angola
CAD 3,836
23.8%
9
Senegal
CAD 3,703
26.4%
10
Uganda
CAD 3,682
26.8%
11
Nigeria
CAD 3,596
28.5%
12
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Middle East
Country
Net pay
Average tax
Rank
Saudi Arabia
CAD 5,032
0.0%
1
United Arab Emirates
CAD 4,780
5.0%
2
Qatar
CAD 4,780
5.0%
3
Bahrain
CAD 4,629
8.0%
4
Oman
CAD 4,629
8.0%
5
Kuwait
CAD 4,478
11.0%
6
Israel
CAD 4,370
13.2%
7
Lebanon
CAD 4,038
19.8%
8
Egypt
CAD 3,967
21.2%
9
Turkey
CAD 3,195
36.5%
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.