Income tax calculator Ontario
Find out how much your salary is after tax
Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$5,993
Federal tax deduction
- $670
Provincial tax deduction
- $67.56
CPP deduction
- $142
EI deduction
- $94.69
Total tax
- $975
Net pay
*
$5,018
Marginal tax rate
30.4%
Average tax rate
16.3%
83.7%
Net pay
16.3%
Total tax
Total tax
Net pay
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The Taxberg
$5,018
Net pay
$275
Tax the employer pays
$975
Tax you pay
Total tax paid
$1,249
Did you know your employer also pays tax on your salary? It costs the employer $275 to pay you $5,993. In other words, every time you spend $10 of your hard-earned money, $2.08 goes to the government.
Real tax rate
19.9%
So, with you and the employer both paying tax, what used to be a 16.3% tax rate now rises to 19.9%, meaning your real tax rate is actually 3.6% higher than what it seemed at first.
Summary
If you make $5,993 a year living in the region of Ontario, Canada, you will be taxed $975. That means that your net pay will be $5,018 per year, or $418 per month. Your average tax rate is 16.3% and your marginal tax rate is 30.4%. 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 $30.37, hence, your net pay will only increase by $69.63.
Bonus Example
A $1,000 bonus will generate an extra $696 of net incomes. A $5,000 bonus will generate an extra $3,482 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 5,181
13.6%
1
British Columbia
CAD 5,086
15.1%
2
Ontario
CAD 5,018
16.3%
3
Nunavut
CAD 4,856
19.0%
4
Yukon
CAD 4,800
19.9%
5
Northwest Territories
CAD 4,746
20.8%
6
Newfoundland and Labrador
CAD 4,585
23.5%
7
Nova Scotia
CAD 4,580
23.6%
8
New Brunswick
CAD 4,545
24.2%
9
Prince Edward Island
CAD 4,522
24.5%
10
Alberta
CAD 4,510
24.7%
11
Saskatchewan
CAD 4,481
25.2%
12
Manitoba
CAD 4,464
25.5%
13
Show more
North America
Country
Net pay
Average tax
Rank
USA
CAD 5,474
8.7%
1
Canada
CAD 5,018
16.3%
2
Latin America
Country
Net pay
Average tax
Rank
Mexico
CAD 5,605
6.5%
1
Colombia
CAD 5,964
7.4%
2
Puerto Rico
CAD 5,517
8.0%
3
Brazil
CAD 5,493
8.4%
4
Ecuador
CAD 5,427
9.5%
5
Guatemala
CAD 5,418
9.6%
6
Costa Rica
CAD 5,364
10.5%
7
Panama
CAD 5,334
11.0%
8
Peru
CAD 5,244
12.5%
9
Chile
CAD 4,938
17.6%
10
Uruguay
CAD 4,788
20.1%
11
Argentina
CAD 3,985
33.5%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
CAD 5,933
1.0%
1
Morocco
CAD 5,452
9.0%
2
Cameroon
CAD 4,993
16.7%
3
Ivory Coast
CAD 4,993
16.7%
4
Kenya
CAD 4,954
17.3%
5
Mozambique
CAD 4,832
19.4%
6
Ghana
CAD 4,614
23.0%
7
Zambia
CAD 4,545
24.2%
8
Angola
CAD 4,545
24.2%
9
Senegal
CAD 4,322
27.9%
10
Uganda
CAD 4,305
28.2%
11
Nigeria
CAD 4,250
29.1%
12
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.