Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$6,462
Federal tax deduction
- $736
Provincial tax deduction
- $111
CPP deduction
- $169
EI deduction
- $102
Total tax
- $1,118
Net pay
* $5,344
Marginal tax rate
30.6%
Average tax rate
17.3%
82.7%
Net pay
17.3%
Total tax
Total tax
Net pay
The Taxberg
$5,344
Net pay
$312
Tax the employer pays
$1,118
Tax you pay
Total tax paid
$1,430
Did you know your employer also pays tax on your salary? It costs the employer $312 to pay you $6,462. In other words, every time you spend $10 of your hard-earned money, $2.21 goes to the government.
Real tax rate
21.1%
So, with you and the employer both paying tax, what used to be a 17.3% tax rate now rises to 21.1%, meaning your real tax rate is actually 3.8% higher than what it seemed at first.
People also ask
$6,462 yearly is how much per hour?
$3.31 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $6,462 a year living in the region of Ontario, Canada, you will be taxed $1,118. That means that your net pay will be $5,344 per year, or $445 per month. Your average tax rate is 17.3% and your marginal tax rate is 30.6%. 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 $30.56, hence, your net pay will only increase by $69.44.
Bonus Example
A $1,000 bonus will generate an extra $694 of net incomes. A $5,000 bonus will generate an extra $3,472 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
$6,500
$7,000
$7,500
$8,000
$8,500
$9,000
$9,500
$10,000
$10,500
$11,000
$11,500
$12,000
$12,500
$13,000
$13,500
$14,000
$14,500
$15,000
$15,500
$16,000
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 5,559
14.0%
1
British Columbia
CAD 5,455
15.6%
2
Ontario
CAD 5,344
17.3%
3
Nunavut
CAD 5,208
19.4%
4
Yukon
CAD 5,142
20.4%
5
Northwest Territories
CAD 5,090
21.2%
6
Newfoundland and Labrador
CAD 4,917
23.9%
7
Nova Scotia
CAD 4,911
24.0%
8
New Brunswick
CAD 4,874
24.6%
9
Prince Edward Island
CAD 4,849
25.0%
10
Alberta
CAD 4,836
25.2%
11
Saskatchewan
CAD 4,805
25.6%
12
Manitoba
CAD 4,787
25.9%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 6,462
0.0%
1
Germany
CAD 6,462
0.0%
2
Austria
CAD 6,462
0.0%
3
Ireland
CAD 6,462
0.0%
4
Norway
CAD 6,462
0.0%
5
Spain
CAD 6,052
6.4%
6
Switzerland
CAD 5,985
7.4%
7
Italy
CAD 5,868
9.2%
8
France
CAD 5,835
9.7%
9
Czech Republic
CAD 5,751
11.0%
10
Luxembourg
CAD 5,748
11.1%
11
Russia
CAD 5,622
13.0%
12
Sweden
CAD 5,286
18.2%
13
Hungary
CAD 5,267
18.5%
14
Ukraine
CAD 5,202
19.5%
15
Poland
CAD 5,074
21.5%
16
Greece
CAD 5,050
21.9%
17
Portugal
CAD 4,811
25.6%
18
Finland
CAD 4,475
30.8%
19
Belgium
CAD 4,394
32.0%
20
Denmark
CAD 4,263
34.0%
21
Netherlands
CAD 4,066
37.1%
22
Romania
CAD 3,780
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 5,902
8.7%
1
Canada
CAD 5,344
17.3%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 6,462
0.0%
1
Hong Kong
CAD 6,462
0.0%
2
Singapore
CAD 6,343
1.9%
3
Pakistan
CAD 6,317
2.3%
4
Thailand
CAD 6,129
5.2%
5
Philippines
CAD 6,122
5.3%
6
Taiwan
CAD 5,890
8.9%
7
Indonesia
CAD 5,849
9.5%
8
South Korea
CAD 5,742
11.2%
9
Malaysia
CAD 5,698
11.8%
10
New Zealand
CAD 5,694
11.9%
11
India
CAD 5,687
12.0%
12
Vietnam
CAD 5,370
16.9%
13
Japan
CAD 5,251
18.7%
14
Kazakhstan
CAD 5,118
20.8%
15
China
CAD 4,858
24.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Colombia
CAD 6,395
7.5%
1
Puerto Rico
CAD 5,948
8.0%
2
Mexico
CAD 5,904
8.6%
3
Brazil
CAD 5,903
8.7%
4
Ecuador
CAD 5,851
9.5%
5
Guatemala
CAD 5,842
9.6%
6
Costa Rica
CAD 5,783
10.5%
7
Panama
CAD 5,751
11.0%
8
Peru
CAD 5,654
12.5%
9
Chile
CAD 5,325
17.6%
10
Uruguay
CAD 5,163
20.1%
11
Argentina
CAD 4,238
34.4%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 6,392
1.1%
1
Morocco
CAD 5,845
9.5%
2
Cameroon
CAD 5,364
17.0%
3
Ivory Coast
CAD 5,334
17.5%
4
Kenya
CAD 5,277
18.3%
5
Mozambique
CAD 5,193
19.6%
6
Ghana
CAD 4,946
23.5%
7
Angola
CAD 4,890
24.3%
8
Zambia
CAD 4,810
25.6%
9
Senegal
CAD 4,624
28.5%
10
Uganda
CAD 4,610
28.7%
11
Nigeria
CAD 4,569
29.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
CAD 6,363
1.5%
1
United Arab Emirates
CAD 6,139
5.0%
2
Qatar
CAD 6,139
5.0%
3
Bahrain
CAD 5,945
8.0%
4
Oman
CAD 5,945
8.0%
5
Kuwait
CAD 5,751
11.0%
6
Israel
CAD 5,612
13.2%
7
Lebanon
CAD 5,110
20.9%
8
Egypt
CAD 5,100
21.1%
9
Turkey
CAD 4,027
37.7%
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.