Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$67,999
Federal tax deduction
- $10,318
Provincial tax deduction
- $4,702
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $19,472
Net pay
* $48,527
Marginal tax rate
29.7%
Average tax rate
28.6%
71.4%
Net pay
28.6%
Total tax
Total tax
Net pay
The Taxberg
$48,527
Net pay
$4,834
Tax the employer pays
$19,472
Tax you pay
Total tax paid
$24,306
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $67,999. In other words, every time you spend $10 of your hard-earned money, $3.57 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.
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Summary
If you make $67,999 a year living in the region of Ontario, Canada, you will be taxed $19,472. That means that your net pay will be $48,527 per year, or $4,044 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
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 50,083
26.3%
1
British Columbia
CAD 49,355
27.4%
2
Northwest Territories
CAD 48,870
28.1%
3
Yukon
CAD 48,781
28.3%
4
Ontario
CAD 48,527
28.6%
5
Alberta
CAD 46,874
31.1%
6
Saskatchewan
CAD 46,131
32.2%
7
New Brunswick
CAD 46,003
32.3%
8
Newfoundland and Labrador
CAD 46,027
32.3%
9
Quebec
CAD 45,979
32.4%
10
Manitoba
CAD 45,711
32.8%
11
Prince Edward Island
CAD 45,443
33.2%
12
Nova Scotia
CAD 45,126
33.6%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 53,627
21.1%
1
Canada
CAD 48,527
28.6%
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.