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
Want to send us feedback? Click here >
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.
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
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
Europe
Country
Net pay
Average tax
Rank
Russia
CAD 59,159
13.0%
1
Switzerland
CAD 57,624
15.3%
2
Hungary
CAD 55,419
18.5%
3
Ukraine
CAD 54,739
19.5%
4
United Kingdom
CAD 52,875
22.2%
5
Czech Republic
CAD 52,123
23.4%
6
France
CAD 52,060
23.4%
7
Ireland
CAD 52,039
23.5%
8
Norway
CAD 50,740
25.4%
9
Spain
CAD 49,088
27.8%
10
Luxembourg
CAD 47,789
29.7%
11
Sweden
CAD 47,313
30.4%
12
Austria
CAD 46,949
31.0%
13
Denmark
CAD 45,807
32.6%
14
Greece
CAD 44,585
34.4%
15
Germany
CAD 43,056
36.7%
16
Poland
CAD 42,982
36.8%
17
Netherlands
CAD 42,792
37.1%
18
Finland
CAD 40,775
40.0%
19
Italy
CAD 40,209
40.9%
20
Romania
CAD 39,779
41.5%
21
Portugal
CAD 38,783
43.0%
22
Belgium
CAD 33,013
51.5%
23
Show more
North America
Country
Net pay
Average tax
Rank
USA
CAD 53,627
21.1%
1
Canada
CAD 48,527
28.6%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Hong Kong
CAD 61,023
10.3%
1
Taiwan
CAD 58,819
13.5%
2
Thailand
CAD 56,145
17.4%
3
South Korea
CAD 54,712
19.5%
4
Kazakhstan
CAD 54,714
19.5%
5
Australia
CAD 53,248
21.7%
6
New Zealand
CAD 52,152
23.3%
7
Singapore
CAD 51,991
23.5%
8
Indonesia
CAD 51,112
24.8%
9
Pakistan
CAD 50,432
25.8%
10
Japan
CAD 50,297
26.0%
11
Malaysia
CAD 49,235
27.6%
12
Philippines
CAD 48,446
28.8%
13
Vietnam
CAD 46,487
31.6%
14
China
CAD 44,697
34.3%
15
India
CAD 41,849
38.5%
16
Show more
Latin America
Country
Net pay
Average tax
Rank
Guatemala
CAD 61,267
9.9%
1
Puerto Rico
CAD 56,677
16.7%
2
Costa Rica
CAD 56,619
16.7%
3
Chile
CAD 56,122
17.5%
4
Ecuador
CAD 53,965
20.6%
5
Panama
CAD 53,742
21.0%
6
Colombia
CAD 52,008
23.5%
7
Peru
CAD 50,890
25.2%
8
Brazil
CAD 50,082
26.4%
9
Mexico
CAD 49,627
27.0%
10
Uruguay
CAD 46,363
31.8%
11
Argentina
CAD 44,190
35.0%
12
Show more
Africa
Country
Net pay
Average tax
Rank
Angola
CAD 49,711
26.9%
1
South Africa
CAD 48,626
28.5%
2
Kenya
CAD 48,305
29.0%
3
Mozambique
CAD 47,280
30.5%
4
Nigeria
CAD 46,426
31.7%
5
Ghana
CAD 46,371
31.8%
6
Ivory Coast
CAD 45,079
33.7%
7
Morocco
CAD 44,354
34.8%
8
Cameroon
CAD 43,118
36.6%
9
Senegal
CAD 42,393
37.7%
10
Uganda
CAD 42,376
37.7%
11
Zambia
CAD 42,226
37.9%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
CAD 64,599
5.0%
1
Qatar
CAD 64,599
5.0%
2
Bahrain
CAD 62,559
8.0%
3
Oman
CAD 62,559
8.0%
4
Saudi Arabia
CAD 61,199
10.0%
5
Kuwait
CAD 60,519
11.0%
6
Israel
CAD 53,417
21.4%
7
Egypt
CAD 51,384
24.4%
8
Lebanon
CAD 51,263
24.6%
9
Turkey
CAD 39,870
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.