Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$59,176
Federal tax deduction
- $8,561
Provincial tax deduction
- $3,912
CPP deduction
- $3,174
EI deduction
- $935
Total tax
- $16,581
Net pay
* $42,595
Marginal tax rate
35.5%
Average tax rate
28.0%
72.0%
Net pay
28.0%
Total tax
Total tax
Net pay
The Taxberg
$42,595
Net pay
$4,483
Tax the employer pays
$16,581
Tax you pay
Total tax paid
$21,064
Did you know your employer also pays tax on your salary? It costs the employer $4,483 to pay you $59,176. In other words, every time you spend $10 of your hard-earned money, $3.56 goes to the government.
Real tax rate
33.1%
So, with you and the employer both paying tax, what used to be a 28% tax rate now rises to 33.1%, meaning your real tax rate is actually 5.1% higher than what it seemed at first.
People also ask
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Summary
If you make $59,176 a year living in the region of Ontario, Canada, you will be taxed $16,581. That means that your net pay will be $42,595 per year, or $3,550 per month. Your average tax rate is 28.0% and your marginal tax rate is 35.5%. 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 $35.47, hence, your net pay will only increase by $64.53.
Bonus Example
A $1,000 bonus will generate an extra $645 of net incomes. A $5,000 bonus will generate an extra $3,227 of net incomes.
Compare average tax
Region
Alberta
British Columbia
Manitoba
New Brunswick
Newfoundland and Labrador
Northwest Territories
Nova Scotia
Nunavut
Ontario
Prince Edward Island
Quebec
Saskatchewan
Yukon
Tax per income
$59,500
$60,000
$60,500
$61,000
$61,500
$62,000
$62,500
$63,000
$63,500
$64,000
$64,500
$65,000
$65,500
$66,000
$66,500
$67,000
$67,500
$68,000
$68,500
$69,000
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 43,965
25.7%
1
British Columbia
CAD 43,295
26.8%
2
Northwest Territories
CAD 42,887
27.5%
3
Yukon
CAD 42,831
27.6%
4
Ontario
CAD 42,595
28.0%
5
Alberta
CAD 41,000
30.7%
6
Quebec
CAD 40,788
31.1%
7
New Brunswick
CAD 40,556
31.5%
8
Newfoundland and Labrador
CAD 40,555
31.5%
9
Saskatchewan
CAD 40,476
31.6%
10
Manitoba
CAD 40,077
32.3%
11
Prince Edward Island
CAD 40,022
32.4%
12
Nova Scotia
CAD 39,832
32.7%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 47,099
20.4%
1
Canada
CAD 42,595
28.0%
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.