Income tax calculator Ontario
Find out how much your salary is after tax
Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$7,310
Federal tax deduction
- $854
Provincial tax deduction
- $191
CPP deduction
- $217
EI deduction
- $116
Total tax
- $1,377
Net pay
*
$5,933
Marginal tax rate
30.6%
Average tax rate
18.8%
81.2%
Net pay
18.8%
Total tax
Total tax
Net pay
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The Taxberg
$5,933
Net pay
$379
Tax the employer pays
$1,377
Tax you pay
Total tax paid
$1,756
Did you know your employer also pays tax on your salary? It costs the employer $379 to pay you $7,310. In other words, every time you spend $10 of your hard-earned money, $2.40 goes to the government.
Real tax rate
22.8%
So, with you and the employer both paying tax, what used to be a 18.8% tax rate now rises to 22.8%, meaning your real tax rate is actually 4% higher than what it seemed at first.
Summary
If you make $7,310 a year living in the region of Ontario, Canada, you will be taxed $1,377. That means that your net pay will be $5,933 per year, or $494 per month. Your average tax rate is 18.8% 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 $30.55, hence, your net pay will only increase by $69.45.
Bonus Example
A $1,000 bonus will generate an extra $695 of net incomes. A $5,000 bonus will generate an extra $3,473 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 6,242
14.6%
1
British Columbia
CAD 6,124
16.2%
2
Ontario
CAD 5,933
18.8%
3
Nunavut
CAD 5,845
20.0%
4
Yukon
CAD 5,760
21.2%
5
Northwest Territories
CAD 5,712
21.9%
6
Newfoundland and Labrador
CAD 5,517
24.5%
7
Nova Scotia
CAD 5,510
24.6%
8
New Brunswick
CAD 5,468
25.2%
9
Prince Edward Island
CAD 5,440
25.6%
10
Alberta
CAD 5,426
25.8%
11
Saskatchewan
CAD 5,391
26.2%
12
Manitoba
CAD 5,370
26.5%
13
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Europe
Country
Net pay
Average tax
Rank
United Kingdom
CAD 7,310
0.0%
1
Germany
CAD 7,310
0.0%
2
Austria
CAD 7,310
0.0%
3
Ireland
CAD 7,310
0.0%
4
Norway
CAD 7,310
0.0%
5
Spain
CAD 6,846
6.4%
6
Switzerland
CAD 6,775
7.3%
7
Italy
CAD 6,638
9.2%
8
France
CAD 6,601
9.7%
9
Czech Republic
CAD 6,506
11.0%
10
Luxembourg
CAD 6,502
11.1%
11
Russia
CAD 6,360
13.0%
12
Hungary
CAD 5,958
18.5%
13
Sweden
CAD 5,922
19.0%
14
Ukraine
CAD 5,885
19.5%
15
Poland
CAD 5,740
21.5%
16
Greece
CAD 5,713
21.9%
17
Portugal
CAD 5,442
25.6%
18
Finland
CAD 5,062
30.8%
19
Belgium
CAD 4,971
32.0%
20
Denmark
CAD 4,834
33.9%
21
Netherlands
CAD 4,599
37.1%
22
Romania
CAD 4,276
41.5%
23
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North America
Country
Net pay
Average tax
Rank
USA
CAD 6,677
8.7%
1
Canada
CAD 5,933
18.8%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
CAD 7,310
0.0%
1
Hong Kong
CAD 7,310
0.0%
2
Pakistan
CAD 7,059
3.4%
3
Thailand
CAD 6,909
5.5%
4
Philippines
CAD 6,803
6.9%
5
Singapore
CAD 6,692
8.5%
6
Taiwan
CAD 6,663
8.9%
7
Indonesia
CAD 6,548
10.4%
8
South Korea
CAD 6,482
11.3%
9
Malaysia
CAD 6,447
11.8%
10
New Zealand
CAD 6,441
11.9%
11
India
CAD 6,433
12.0%
12
Vietnam
CAD 6,045
17.3%
13
Japan
CAD 5,940
18.7%
14
Kazakhstan
CAD 5,790
20.8%
15
China
CAD 5,495
24.8%
16
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Latin America
Country
Net pay
Average tax
Rank
Colombia
CAD 7,129
7.6%
1
Puerto Rico
CAD 6,729
8.0%
2
Ecuador
CAD 6,619
9.5%
3
Brazil
CAD 6,609
9.6%
4
Guatemala
CAD 6,609
9.6%
5
Mexico
CAD 6,564
10.2%
6
Costa Rica
CAD 6,542
10.5%
7
Panama
CAD 6,506
11.0%
8
Peru
CAD 6,396
12.5%
9
Chile
CAD 6,023
17.6%
10
Uruguay
CAD 5,841
20.1%
11
Argentina
CAD 4,743
35.1%
12
Show more
Africa
Country
Net pay
Average tax
Rank
South Africa
CAD 7,191
1.6%
1
Morocco
CAD 6,547
10.4%
2
Cameroon
CAD 6,004
17.9%
3
Ivory Coast
CAD 5,948
18.6%
4
Kenya
CAD 5,868
19.7%
5
Mozambique
CAD 5,846
20.0%
6
Ghana
CAD 5,547
24.1%
7
Angola
CAD 5,516
24.6%
8
Zambia
CAD 5,289
27.7%
9
Senegal
CAD 5,170
29.3%
10
Uganda
CAD 5,161
29.4%
11
Nigeria
CAD 5,145
29.6%
12
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Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
CAD 6,945
5.0%
1
Qatar
CAD 6,945
5.0%
2
Bahrain
CAD 6,725
8.0%
3
Oman
CAD 6,725
8.0%
4
Saudi Arabia
CAD 6,629
9.3%
5
Kuwait
CAD 6,506
11.0%
6
Israel
CAD 6,349
13.2%
7
Egypt
CAD 5,758
21.2%
8
Lebanon
CAD 5,746
21.4%
9
Turkey
CAD 4,521
38.2%
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.