Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$59,540
Federal tax deduction
- $8,631
Provincial tax deduction
- $3,944
CPP deduction
- $3,194
EI deduction
- $941
Total tax
- $16,711
Net pay
* $42,830
Marginal tax rate
35.5%
Average tax rate
28.1%
71.9%
Net pay
28.1%
Total tax
Total tax
Net pay
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Summary
If you make $59,540 a year living in the region of Ontario, Canada, you will be taxed $16,711. That means that your net pay will be $42,830 per year, or $3,569 per month. Your average tax rate is 28.1% 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.
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
Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 51,800
13.0%
1
Switzerland
CAD 51,161
14.1%
2
Hungary
CAD 48,525
18.5%
3
Ukraine
CAD 47,930
19.5%
4
Ireland
CAD 47,683
19.9%
5
United Kingdom
CAD 47,228
20.7%
6
France
CAD 46,705
21.6%
7
Czech Republic
CAD 45,863
23.0%
8
Norway
CAD 45,157
24.2%
9
Spain
CAD 44,102
25.9%
10
Luxembourg
CAD 43,646
26.7%
11
Austria
CAD 42,145
29.2%
12
Sweden
CAD 42,046
29.4%
13
Denmark
CAD 40,116
32.6%
14
Greece
CAD 39,994
32.8%
15
Germany
CAD 38,732
35.0%
16
Poland
CAD 38,228
35.8%
17
Netherlands
CAD 37,469
37.1%
18
Finland
CAD 36,503
38.7%
19
Italy
CAD 36,254
39.1%
20
Portugal
CAD 35,061
41.1%
21
Romania
CAD 34,831
41.5%
22
Belgium
CAD 29,549
50.4%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 47,368
20.4%
1
Canada
CAD 42,830
28.1%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 53,780
9.7%
1
Puerto Rico
CAD 50,619
15.0%
2
Costa Rica
CAD 50,184
15.7%
3
Chile
CAD 48,830
18.0%
4
Ecuador
CAD 48,544
18.5%
5
Panama
CAD 47,342
20.5%
6
Colombia
CAD 46,349
22.2%
7
Peru
CAD 44,774
24.8%
8
Mexico
CAD 43,970
26.2%
9
Brazil
CAD 43,949
26.2%
10
Uruguay
CAD 41,226
30.8%
11
Argentina
CAD 38,691
35.0%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 56,563
5.0%
1
Qatar
CAD 56,563
5.0%
2
Bahrain
CAD 54,777
8.0%
3
Oman
CAD 54,777
8.0%
4
Saudi Arabia
CAD 53,586
10.0%
5
Kuwait
CAD 52,991
11.0%
6
Israel
CAD 47,462
20.3%
7
Egypt
CAD 45,040
24.4%
8
Lebanon
CAD 44,919
24.6%
9
Turkey
CAD 34,944
41.3%
10
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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.