Income Tax Calculator Ontario

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary $52,500

EI deduction - $830

CPP deduction - $2,793

Federal tax deduction - $7,271

Provincial tax deduction - $3,326

Total tax - $14,219

Net pay * $38,281

Marginal tax rate 35.3%

Average tax rate 27.1%

27.1%Total tax

72.9%

Net pay

The Taxberg

$38,281

Net pay

$3,954

Tax the employer pays

$14,219

Tax you pay

Total tax paid

$18,173

Did you know your employer also pays tax on your salary? It costs the employer $3,954 to pay you $52,500. In other words, every time you spend $10 of your hard-earned money, $3.46 goes to the government.

Real tax rate

32.2%

So, with you and the employer both paying tax, what used to be a 27.1% tax rate now rises to 32.2%, meaning your real tax rate is actually 5.1% higher than what it seemed at first.

Summary

If you make $52,500 a year living in the region of Ontario, Canada, you will be taxed $14,219. That means that your net pay will be $38,281 per year, or $3,190 per month. Your average tax rate is 27.1% and your marginal tax rate is 35.3%. 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 $35.3, hence, your net pay will only increase by $64.7.

Bonus Example

A $1,000 bonus will generate an extra $647 of net incomes. A $5,000 bonus will generate an extra $3,235 of net incomes.

Province

AlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland and LabradorNorthwest TerritoriesNova ScotiaNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon

Tax per income

$52,500$53,000$53,500$54,000$54,500$55,000$55,500$56,000$56,500$57,000$57,500$58,000$58,500$59,000$59,500$60,000$60,500$61,000$61,500$62,000

Tax per region

Country	Net pay	Average tax	Rank
Nunavut	CAD 39,513	24.7%	1
British Columbia	CAD 38,885	25.9%	2
Northwest Territories	CAD 38,533	26.6%	3
Prince Edward Island	CAD 35,996	31.4%	11
Manitoba	CAD 35,975	31.5%	12
Nova Scotia	CAD 35,900	31.6%	13

NOTE* Withholding is calculated based on the Ontario tables of CA, 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.