Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$67,702
Federal tax deduction
- $10,257
Provincial tax deduction
- $4,675
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $19,384
Net pay
* $48,318
Marginal tax rate
29.6%
Average tax rate
28.6%
71.4%
Net pay
28.6%
Total tax
Total tax
Net pay
The Taxberg
$48,318
Net pay
$4,834
Tax the employer pays
$19,384
Tax you pay
Total tax paid
$24,218
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $67,702. In other words, every time you spend $10 of your hard-earned money, $3.58 goes to the government.
Real tax rate
33.4%
So, with you and the employer both paying tax, what used to be a 28.6% tax rate now rises to 33.4%, meaning your real tax rate is actually 4.8% higher than what it seemed at first.
People also ask
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Summary
If you make $67,702 a year living in the region of Ontario, Canada, you will be taxed $19,384. That means that your net pay will be $48,318 per year, or $4,026 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.
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
$67,500
$68,000
$68,500
$69,000
$69,500
$70,000
$70,500
$71,000
$71,500
$72,000
$72,500
$73,000
$73,500
$74,000
$74,500
$75,000
$75,500
$76,000
$76,500
$77,000
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 49,867
26.3%
1
British Columbia
CAD 49,142
27.4%
2
Northwest Territories
CAD 48,660
28.1%
3
Yukon
CAD 48,572
28.3%
4
Ontario
CAD 48,318
28.6%
5
Alberta
CAD 46,668
31.1%
6
Saskatchewan
CAD 45,932
32.2%
7
New Brunswick
CAD 45,811
32.3%
8
Newfoundland and Labrador
CAD 45,834
32.3%
9
Quebec
CAD 45,793
32.4%
10
Manitoba
CAD 45,512
32.8%
11
Prince Edward Island
CAD 45,257
33.2%
12
Nova Scotia
CAD 44,939
33.6%
13
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 53,407
21.1%
1
Canada
CAD 48,318
28.6%
2
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 64,317
5.0%
1
Qatar
CAD 64,317
5.0%
2
Bahrain
CAD 62,286
8.0%
3
Oman
CAD 62,286
8.0%
4
Saudi Arabia
CAD 60,932
10.0%
5
Kuwait
CAD 60,255
11.0%
6
Israel
CAD 53,208
21.4%
7
Egypt
CAD 51,161
24.4%
8
Lebanon
CAD 51,040
24.6%
9
Turkey
CAD 39,697
41.4%
10
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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.