Income tax calculator Ontario
Find out how much your salary is after tax
Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$6,556
Federal tax deduction
- $749
Provincial tax deduction
- $120
CPP deduction
- $174
EI deduction
- $104
Total tax
- $1,147
Net pay
*
$5,409
Marginal tax rate
30.6%
Average tax rate
17.5%
82.5%
Net pay
17.5%
Total tax
Total tax
Net pay
Want to send us feedback? Click here >
The Taxberg
$5,409
Net pay
$319
Tax the employer pays
$1,147
Tax you pay
Total tax paid
$1,466
Did you know your employer also pays tax on your salary? It costs the employer $319 to pay you $6,556. In other words, every time you spend $10 of your hard-earned money, $2.24 goes to the government.
Real tax rate
21.3%
So, with you and the employer both paying tax, what used to be a 17.5% tax rate now rises to 21.3%, meaning your real tax rate is actually 3.8% higher than what it seemed at first.
Summary
If you make $6,556 a year living in the region of Ontario, Canada, you will be taxed $1,147. That means that your net pay will be $5,409 per year, or $451 per month. Your average tax rate is 17.5% 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
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 5,635
14.1%
1
British Columbia
CAD 5,530
15.7%
2
Ontario
CAD 5,409
17.5%
3
Nunavut
CAD 5,278
19.5%
4
Yukon
CAD 5,210
20.5%
5
Northwest Territories
CAD 5,159
21.3%
6
Newfoundland and Labrador
CAD 4,983
24.0%
7
Nova Scotia
CAD 4,978
24.1%
8
New Brunswick
CAD 4,939
24.7%
9
Prince Edward Island
CAD 4,914
25.0%
10
Alberta
CAD 4,902
25.2%
11
Saskatchewan
CAD 4,870
25.7%
12
Manitoba
CAD 4,851
26.0%
13
Show more
North America
Country
Net pay
Average tax
Rank
USA
CAD 5,988
8.7%
1
Canada
CAD 5,409
17.5%
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.