Income tax calculator Ontario
Find out how much your salary is after tax
Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$5,565
Federal tax deduction
- $611
Provincial tax deduction
- $38.44
CPP deduction
- $118
EI deduction
- $87.93
Total tax
- $855
Net pay
*
$4,710
Marginal tax rate
28.0%
Average tax rate
15.4%
84.6%
Net pay
15.4%
Total tax
Total tax
Net pay
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The Taxberg
$4,710
Net pay
$241
Tax the employer pays
$855
Tax you pay
Total tax paid
$1,096
Did you know your employer also pays tax on your salary? It costs the employer $241 to pay you $5,565. In other words, every time you spend $10 of your hard-earned money, $1.97 goes to the government.
Real tax rate
18.9%
So, with you and the employer both paying tax, what used to be a 15.4% tax rate now rises to 18.9%, meaning your real tax rate is actually 3.5% higher than what it seemed at first.
Summary
If you make $5,565 a year living in the region of Ontario, Canada, you will be taxed $855. That means that your net pay will be $4,710 per year, or $393 per month. Your average tax rate is 15.4% 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 $28, hence, your net pay will only increase by $72.
Bonus Example
A $1,000 bonus will generate an extra $720 of net incomes. A $5,000 bonus will generate an extra $3,600 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 4,836
13.1%
1
British Columbia
CAD 4,749
14.7%
2
Ontario
CAD 4,710
15.4%
3
Nunavut
CAD 4,534
18.5%
4
Yukon
CAD 4,488
19.4%
5
Northwest Territories
CAD 4,432
20.4%
6
Newfoundland and Labrador
CAD 4,282
23.1%
7
Nova Scotia
CAD 4,277
23.1%
8
New Brunswick
CAD 4,245
23.7%
9
Prince Edward Island
CAD 4,223
24.1%
10
Alberta
CAD 4,213
24.3%
11
Saskatchewan
CAD 4,186
24.8%
12
Manitoba
CAD 4,170
25.1%
13
Show more
Europe
Country
Net pay
Average tax
Rank
United Kingdom
CAD 5,565
0.0%
1
Germany
CAD 5,565
0.0%
2
Austria
CAD 5,565
0.0%
3
Ireland
CAD 5,565
0.0%
4
Norway
CAD 5,565
0.0%
5
Spain
CAD 5,212
6.4%
6
Switzerland
CAD 5,149
7.5%
7
Italy
CAD 5,054
9.2%
8
France
CAD 5,025
9.7%
9
Czech Republic
CAD 4,953
11.0%
10
Luxembourg
CAD 4,950
11.1%
11
Russia
CAD 4,842
13.0%
12
Sweden
CAD 4,643
16.6%
13
Hungary
CAD 4,535
18.5%
14
Ukraine
CAD 4,480
19.5%
15
Poland
CAD 4,370
21.5%
16
Greece
CAD 4,349
21.9%
17
Portugal
CAD 4,143
25.6%
18
Finland
CAD 3,854
30.8%
19
Belgium
CAD 3,784
32.0%
20
Denmark
CAD 3,660
34.2%
21
Netherlands
CAD 3,502
37.1%
22
Romania
CAD 3,256
41.5%
23
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North America
Country
Net pay
Average tax
Rank
USA
CAD 5,083
8.7%
1
Canada
CAD 4,710
15.4%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
CAD 5,565
0.0%
1
Singapore
CAD 5,565
0.0%
2
Hong Kong
CAD 5,565
0.0%
3
Pakistan
CAD 5,486
1.4%
4
Philippines
CAD 5,294
4.9%
5
Thailand
CAD 5,287
5.0%
6
Indonesia
CAD 5,090
8.5%
7
Taiwan
CAD 5,072
8.9%
8
South Korea
CAD 4,958
10.9%
9
Malaysia
CAD 4,908
11.8%
10
New Zealand
CAD 4,903
11.9%
11
India
CAD 4,897
12.0%
12
Vietnam
CAD 4,648
16.5%
13
Japan
CAD 4,522
18.7%
14
Kazakhstan
CAD 4,407
20.8%
15
China
CAD 4,405
20.8%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
CAD 5,261
5.5%
1
Colombia
CAD 5,570
7.4%
2
Puerto Rico
CAD 5,123
8.0%
3
Brazil
CAD 5,112
8.2%
4
Ecuador
CAD 5,039
9.5%
5
Guatemala
CAD 5,031
9.6%
6
Costa Rica
CAD 4,981
10.5%
7
Panama
CAD 4,953
11.0%
8
Peru
CAD 4,869
12.5%
9
Chile
CAD 4,586
17.6%
10
Uruguay
CAD 4,446
20.1%
11
Argentina
CAD 3,754
32.5%
12
Show more
Africa
Country
Net pay
Average tax
Rank
South Africa
CAD 5,509
1.0%
1
Morocco
CAD 5,092
8.5%
2
Kenya
CAD 4,660
16.3%
3
Ivory Coast
CAD 4,656
16.3%
4
Cameroon
CAD 4,654
16.4%
5
Mozambique
CAD 4,503
19.1%
6
Ghana
CAD 4,310
22.6%
7
Zambia
CAD 4,303
22.7%
8
Angola
CAD 4,229
24.0%
9
Senegal
CAD 4,046
27.3%
10
Uganda
CAD 4,027
27.6%
11
Nigeria
CAD 3,958
28.9%
12
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Middle East
Country
Net pay
Average tax
Rank
Saudi Arabia
CAD 5,565
0.0%
1
United Arab Emirates
CAD 5,287
5.0%
2
Qatar
CAD 5,287
5.0%
3
Bahrain
CAD 5,120
8.0%
4
Oman
CAD 5,120
8.0%
5
Kuwait
CAD 4,953
11.0%
6
Israel
CAD 4,833
13.2%
7
Lebanon
CAD 4,437
20.3%
8
Egypt
CAD 4,394
21.1%
9
Turkey
CAD 3,505
37.0%
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.