Income tax calculator Ontario
Find out how much your salary is after tax
Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$5,099
Federal tax deduction
- $546
Provincial tax deduction
- $6.74
CPP deduction
- $91.14
EI deduction
- $80.56
Total tax
- $724
Net pay
*
$4,375
Marginal tax rate
28.0%
Average tax rate
14.2%
85.8%
Net pay
14.2%
Total tax
Total tax
Net pay
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The Taxberg
$4,375
Net pay
$204
Tax the employer pays
$724
Tax you pay
Total tax paid
$928
Did you know your employer also pays tax on your salary? It costs the employer $204 to pay you $5,099. In other words, every time you spend $10 of your hard-earned money, $1.82 goes to the government.
Real tax rate
17.5%
So, with you and the employer both paying tax, what used to be a 14.2% tax rate now rises to 17.5%, meaning your real tax rate is actually 3.3% higher than what it seemed at first.
Summary
If you make $5,099 a year living in the region of Ontario, Canada, you will be taxed $724. That means that your net pay will be $4,375 per year, or $365 per month. Your average tax rate is 14.2% 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 4,460
12.5%
1
British Columbia
CAD 4,381
14.1%
2
Ontario
CAD 4,375
14.2%
3
Nunavut
CAD 4,184
17.9%
4
Yukon
CAD 4,148
18.6%
5
Northwest Territories
CAD 4,091
19.8%
6
Newfoundland and Labrador
CAD 3,953
22.5%
7
Nova Scotia
CAD 3,948
22.6%
8
New Brunswick
CAD 3,918
23.2%
9
Prince Edward Island
CAD 3,898
23.5%
10
Alberta
CAD 3,889
23.7%
11
Saskatchewan
CAD 3,864
24.2%
12
Manitoba
CAD 3,849
24.5%
13
Show more
North America
Country
Net pay
Average tax
Rank
USA
CAD 4,657
8.7%
1
Canada
CAD 4,375
14.2%
2
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.