Income tax calculator Ontario
Find out how much your salary is after tax
Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$66,460
Federal tax deduction
- $10,002
Provincial tax deduction
- $4,561
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $19,016
Net pay
*
$47,444
Marginal tax rate
29.6%
Average tax rate
28.6%
71.4%
Net pay
28.6%
Total tax
Total tax
Net pay
Want to send us feedback? Click here >
The Taxberg
$47,444
Net pay
$4,834
Tax the employer pays
$19,016
Tax you pay
Total tax paid
$23,850
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $66,460. In other words, every time you spend $10 of your hard-earned money, $3.59 goes to the government.
Real tax rate
33.5%
So, with you and the employer both paying tax, what used to be a 28.6% tax rate now rises to 33.5%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
Summary
If you make $66,460 a year living in the region of Ontario, Canada, you will be taxed $19,016. That means that your net pay will be $47,444 per year, or $3,954 per month. Your average tax rate is 28.6% and your marginal tax rate is 29.7%. 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 $29.65, hence, your net pay will only increase by $70.35.
Bonus Example
A $1,000 bonus will generate an extra $704 of net incomes. A $5,000 bonus will generate an extra $3,518 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 48,967
26.3%
1
British Columbia
CAD 48,250
27.4%
2
Northwest Territories
CAD 47,779
28.1%
3
Yukon
CAD 47,696
28.2%
4
Ontario
CAD 47,444
28.6%
5
Alberta
CAD 45,804
31.1%
6
Saskatchewan
CAD 45,100
32.1%
7
Newfoundland and Labrador
CAD 45,027
32.2%
8
New Brunswick
CAD 45,007
32.3%
9
Quebec
CAD 45,017
32.3%
10
Manitoba
CAD 44,683
32.8%
11
Prince Edward Island
CAD 44,477
33.1%
12
Nova Scotia
CAD 44,159
33.6%
13
Show more
Europe
Country
Net pay
Average tax
Rank
Russia
CAD 57,820
13.0%
1
Switzerland
CAD 56,459
15.1%
2
Hungary
CAD 54,165
18.5%
3
Ukraine
CAD 53,500
19.5%
4
United Kingdom
CAD 51,847
22.0%
5
Ireland
CAD 51,247
22.9%
6
France
CAD 51,086
23.1%
7
Czech Republic
CAD 50,984
23.3%
8
Norway
CAD 49,724
25.2%
9
Spain
CAD 48,172
27.5%
10
Luxembourg
CAD 47,070
29.2%
11
Sweden
CAD 46,543
30.0%
12
Austria
CAD 46,134
30.6%
13
Denmark
CAD 44,772
32.6%
14
Greece
CAD 43,798
34.1%
15
Germany
CAD 42,285
36.4%
16
Poland
CAD 42,097
36.7%
17
Netherlands
CAD 41,824
37.1%
18
Finland
CAD 40,020
39.8%
19
Italy
CAD 39,490
40.6%
20
Romania
CAD 38,879
41.5%
21
Portugal
CAD 38,106
42.7%
22
Belgium
CAD 32,398
51.3%
23
Show more
North America
Country
Net pay
Average tax
Rank
USA
CAD 52,488
21.0%
1
Canada
CAD 47,444
28.6%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Hong Kong
CAD 59,758
10.1%
1
Taiwan
CAD 57,612
13.3%
2
Thailand
CAD 54,990
17.3%
3
South Korea
CAD 53,614
19.3%
4
Kazakhstan
CAD 53,468
19.6%
5
Australia
CAD 52,240
21.4%
6
New Zealand
CAD 51,142
23.1%
7
Singapore
CAD 50,866
23.5%
8
Indonesia
CAD 50,067
24.7%
9
Pakistan
CAD 49,431
25.6%
10
Japan
CAD 49,243
25.9%
11
Malaysia
CAD 48,243
27.4%
12
Philippines
CAD 47,440
28.6%
13
Vietnam
CAD 45,487
31.6%
14
China
CAD 43,636
34.3%
15
India
CAD 40,975
38.4%
16
Show more
Latin America
Country
Net pay
Average tax
Rank
Guatemala
CAD 59,905
9.9%
1
Puerto Rico
CAD 55,641
16.3%
2
Costa Rica
CAD 55,448
16.6%
3
Chile
CAD 54,799
17.6%
4
Ecuador
CAD 53,060
20.2%
5
Panama
CAD 52,577
20.9%
6
Colombia
CAD 50,986
23.3%
7
Peru
CAD 49,789
25.1%
8
Brazil
CAD 48,966
26.3%
9
Mexico
CAD 48,605
26.9%
10
Uruguay
CAD 45,428
31.7%
11
Argentina
CAD 43,189
35.0%
12
Show more
Africa
Country
Net pay
Average tax
Rank
Angola
CAD 48,591
26.9%
1
South Africa
CAD 47,716
28.2%
2
Kenya
CAD 47,228
28.9%
3
Mozambique
CAD 46,280
30.4%
4
Nigeria
CAD 45,379
31.7%
5
Ghana
CAD 45,353
31.8%
6
Ivory Coast
CAD 44,126
33.6%
7
Morocco
CAD 43,422
34.7%
8
Cameroon
CAD 42,181
36.5%
9
Uganda
CAD 41,530
37.5%
10
Senegal
CAD 41,469
37.6%
11
Zambia
CAD 41,280
37.9%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
CAD 63,137
5.0%
1
Qatar
CAD 63,137
5.0%
2
Bahrain
CAD 61,143
8.0%
3
Oman
CAD 61,143
8.0%
4
Saudi Arabia
CAD 59,814
10.0%
5
Kuwait
CAD 59,149
11.0%
6
Israel
CAD 52,333
21.3%
7
Egypt
CAD 50,230
24.4%
8
Lebanon
CAD 50,109
24.6%
9
Turkey
CAD 38,974
41.4%
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.