Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$8,004
Federal tax deduction
- $950
Provincial tax deduction
- $256
CPP deduction
- $257
EI deduction
- $126
Total tax
- $1,589
Net pay
* $6,415
Marginal tax rate
30.6%
Average tax rate
19.9%
80.1%
Net pay
19.9%
Total tax
Total tax
Net pay
The Taxberg
$6,415
Net pay
$434
Tax the employer pays
$1,589
Tax you pay
Total tax paid
$2,023
Did you know your employer also pays tax on your salary? It costs the employer $434 to pay you $8,004. In other words, every time you spend $10 of your hard-earned money, $2.53 goes to the government.
Real tax rate
24.0%
So, with you and the employer both paying tax, what used to be a 19.9% tax rate now rises to 24.0%, meaning your real tax rate is actually 4.1% higher than what it seemed at first.
People also ask
$8,004 yearly is how much per hour?
$4.10 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $8,004 a year living in the region of Ontario, Canada, you will be taxed $1,589. That means that your net pay will be $6,415 per year, or $535 per month. Your average tax rate is 19.9% 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 $30.56, hence, your net pay will only increase by $69.44.
Bonus Example
A $1,000 bonus will generate an extra $694 of net incomes. A $5,000 bonus will generate an extra $3,472 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
$8,500
$9,000
$9,500
$10,000
$10,500
$11,000
$11,500
$12,000
$12,500
$13,000
$13,500
$14,000
$14,500
$15,000
$15,500
$16,000
$16,500
$17,000
$17,500
$18,000
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 6,802
15.0%
1
British Columbia
CAD 6,671
16.7%
2
Ontario
CAD 6,415
19.9%
3
Nunavut
CAD 6,366
20.5%
4
Yukon
CAD 6,265
21.7%
5
Northwest Territories
CAD 6,221
22.3%
6
Newfoundland and Labrador
CAD 6,008
24.9%
7
Nova Scotia
CAD 6,001
25.0%
8
New Brunswick
CAD 5,954
25.6%
9
Prince Edward Island
CAD 5,924
26.0%
10
Alberta
CAD 5,909
26.2%
11
Saskatchewan
CAD 5,871
26.7%
12
Manitoba
CAD 5,848
26.9%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 8,004
0.0%
1
Austria
CAD 8,004
0.0%
2
Ireland
CAD 8,004
0.0%
3
Norway
CAD 7,974
0.4%
4
Spain
CAD 7,496
6.4%
5
Switzerland
CAD 7,422
7.3%
6
Germany
CAD 7,312
8.7%
7
Italy
CAD 7,268
9.2%
8
France
CAD 7,228
9.7%
9
Czech Republic
CAD 7,124
11.0%
10
Luxembourg
CAD 7,120
11.1%
11
Russia
CAD 6,963
13.0%
12
Hungary
CAD 6,523
18.5%
13
Ukraine
CAD 6,443
19.5%
14
Sweden
CAD 6,443
19.5%
15
Poland
CAD 6,285
21.5%
16
Greece
CAD 6,255
21.9%
17
Portugal
CAD 5,959
25.6%
18
Finland
CAD 5,543
30.8%
19
Belgium
CAD 5,443
32.0%
20
Denmark
CAD 5,301
33.8%
21
Netherlands
CAD 5,037
37.1%
22
Romania
CAD 4,682
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 7,311
8.7%
1
Canada
CAD 6,415
19.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 8,004
0.0%
1
Hong Kong
CAD 8,004
0.0%
2
Pakistan
CAD 7,666
4.2%
3
Thailand
CAD 7,562
5.5%
4
Philippines
CAD 7,350
8.2%
5
Taiwan
CAD 7,296
8.9%
6
Indonesia
CAD 7,120
11.0%
7
South Korea
CAD 7,088
11.4%
8
Malaysia
CAD 7,062
11.8%
9
New Zealand
CAD 7,052
11.9%
10
India
CAD 7,044
12.0%
11
Singapore
CAD 6,961
13.0%
12
Vietnam
CAD 6,585
17.7%
13
Japan
CAD 6,504
18.7%
14
Kazakhstan
CAD 6,339
20.8%
15
China
CAD 6,017
24.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 7,368
8.0%
1
Colombia
CAD 7,379
8.0%
2
Ecuador
CAD 7,248
9.5%
3
Guatemala
CAD 7,237
9.6%
4
Brazil
CAD 7,176
10.4%
5
Costa Rica
CAD 7,164
10.5%
6
Mexico
CAD 7,158
10.6%
7
Panama
CAD 7,124
11.0%
8
Peru
CAD 7,003
12.5%
9
Chile
CAD 6,595
17.6%
10
Uruguay
CAD 6,395
20.1%
11
Argentina
CAD 5,193
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 7,753
3.1%
1
Morocco
CAD 7,096
11.4%
2
Cameroon
CAD 6,498
18.8%
3
Ivory Coast
CAD 6,451
19.4%
4
Mozambique
CAD 6,381
20.3%
5
Kenya
CAD 6,351
20.7%
6
Ghana
CAD 6,039
24.6%
7
Angola
CAD 6,026
24.7%
8
Zambia
CAD 5,681
29.0%
9
Nigeria
CAD 5,617
29.8%
10
Senegal
CAD 5,617
29.8%
11
Uganda
CAD 5,612
29.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 7,604
5.0%
1
Qatar
CAD 7,604
5.0%
2
Bahrain
CAD 7,364
8.0%
3
Oman
CAD 7,364
8.0%
4
Saudi Arabia
CAD 7,204
10.0%
5
Kuwait
CAD 7,124
11.0%
6
Israel
CAD 6,951
13.2%
7
Egypt
CAD 6,296
21.4%
8
Lebanon
CAD 6,267
21.7%
9
Turkey
CAD 4,926
38.5%
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.