Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$59,718
Federal tax deduction
- $8,666
Provincial tax deduction
- $3,960
CPP deduction
- $3,204
EI deduction
- $944
Total tax
- $16,774
Net pay
* $42,944
Marginal tax rate
35.5%
Average tax rate
28.1%
71.9%
Net pay
28.1%
Total tax
Total tax
Net pay
The Taxberg
$42,944
Net pay
$4,525
Tax the employer pays
$16,774
Tax you pay
Total tax paid
$21,299
Did you know your employer also pays tax on your salary? It costs the employer $4,525 to pay you $59,718. In other words, every time you spend $10 of your hard-earned money, $3.57 goes to the government.
Real tax rate
33.2%
So, with you and the employer both paying tax, what used to be a 28.1% tax rate now rises to 33.2%, 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 $59,718 a year living in the region of Ontario, Canada, you will be taxed $16,774. That means that your net pay will be $42,944 per year, or $3,579 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.
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 44,326
25.8%
1
British Columbia
CAD 43,653
26.9%
2
Northwest Territories
CAD 43,240
27.6%
3
Yukon
CAD 43,182
27.7%
4
Ontario
CAD 42,944
28.1%
5
Alberta
CAD 41,347
30.8%
6
Quebec
CAD 41,092
31.2%
7
New Brunswick
CAD 40,877
31.6%
8
Newfoundland and Labrador
CAD 40,877
31.6%
9
Saskatchewan
CAD 40,810
31.7%
10
Manitoba
CAD 40,409
32.3%
11
Prince Edward Island
CAD 40,349
32.4%
12
Nova Scotia
CAD 40,151
32.8%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 47,500
20.5%
1
Canada
CAD 42,944
28.1%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 53,938
9.7%
1
Puerto Rico
CAD 50,758
15.0%
2
Costa Rica
CAD 50,319
15.7%
3
Chile
CAD 48,984
18.0%
4
Ecuador
CAD 48,672
18.5%
5
Panama
CAD 47,477
20.5%
6
Colombia
CAD 46,474
22.2%
7
Peru
CAD 44,903
24.8%
8
Mexico
CAD 44,090
26.2%
9
Brazil
CAD 44,078
26.2%
10
Uruguay
CAD 41,334
30.8%
11
Argentina
CAD 38,807
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 43,686
26.9%
1
South Africa
CAD 43,671
26.9%
2
Kenya
CAD 42,508
28.8%
3
Mozambique
CAD 41,897
29.8%
4
Ghana
CAD 40,893
31.5%
5
Nigeria
CAD 40,793
31.7%
6
Ivory Coast
CAD 39,951
33.1%
7
Morocco
CAD 39,336
34.1%
8
Cameroon
CAD 38,076
36.2%
9
Uganda
CAD 37,822
36.7%
10
Senegal
CAD 37,424
37.3%
11
Zambia
CAD 37,133
37.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 56,732
5.0%
1
Qatar
CAD 56,732
5.0%
2
Bahrain
CAD 54,941
8.0%
3
Oman
CAD 54,941
8.0%
4
Saudi Arabia
CAD 53,746
10.0%
5
Kuwait
CAD 53,149
11.0%
6
Israel
CAD 47,587
20.3%
7
Egypt
CAD 45,173
24.4%
8
Lebanon
CAD 45,052
24.6%
9
Turkey
CAD 35,047
41.3%
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.