Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$8,348
Federal tax deduction
- $998
Provincial tax deduction
- $288
CPP deduction
- $276
EI deduction
- $132
Total tax
- $1,694
Net pay
* $6,654
Marginal tax rate
30.6%
Average tax rate
20.3%
79.7%
Net pay
20.3%
Total tax
Total tax
Net pay
The Taxberg
$6,654
Net pay
$461
Tax the employer pays
$1,694
Tax you pay
Total tax paid
$2,155
Did you know your employer also pays tax on your salary? It costs the employer $461 to pay you $8,348. In other words, every time you spend $10 of your hard-earned money, $2.58 goes to the government.
Real tax rate
24.5%
So, with you and the employer both paying tax, what used to be a 20.3% tax rate now rises to 24.5%, meaning your real tax rate is actually 4.2% higher than what it seemed at first.
People also ask
$8,348 yearly is how much per hour?
$4.28 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $8,348 a year living in the region of Ontario, Canada, you will be taxed $1,694. That means that your net pay will be $6,654 per year, or $554 per month. Your average tax rate is 20.3% 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
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 7,079
15.2%
1
British Columbia
CAD 6,942
16.8%
2
Ontario
CAD 6,654
20.3%
3
Nunavut
CAD 6,624
20.6%
4
Yukon
CAD 6,516
21.9%
5
Northwest Territories
CAD 6,473
22.5%
6
Newfoundland and Labrador
CAD 6,251
25.1%
7
Nova Scotia
CAD 6,244
25.2%
8
New Brunswick
CAD 6,196
25.8%
9
Prince Edward Island
CAD 6,164
26.2%
10
Alberta
CAD 6,148
26.4%
11
Saskatchewan
CAD 6,108
26.8%
12
Manitoba
CAD 6,084
27.1%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 7,625
8.7%
1
Canada
CAD 6,654
20.3%
2
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 7,684
8.0%
1
Colombia
CAD 7,680
8.0%
2
Ecuador
CAD 7,559
9.5%
3
Guatemala
CAD 7,548
9.6%
4
Costa Rica
CAD 7,471
10.5%
5
Brazil
CAD 7,456
10.7%
6
Mexico
CAD 7,437
10.9%
7
Panama
CAD 7,430
11.0%
8
Peru
CAD 7,305
12.5%
9
Chile
CAD 6,879
17.6%
10
Uruguay
CAD 6,670
20.1%
11
Argentina
CAD 5,417
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 8,031
3.8%
1
Morocco
CAD 7,352
11.9%
2
Cameroon
CAD 6,735
19.3%
3
Ivory Coast
CAD 6,701
19.7%
4
Mozambique
CAD 6,646
20.4%
5
Kenya
CAD 6,589
21.1%
6
Ghana
CAD 6,283
24.7%
7
Angola
CAD 6,279
24.8%
8
Zambia
CAD 5,876
29.6%
9
Nigeria
CAD 5,851
29.9%
10
Senegal
CAD 5,838
30.1%
11
Uganda
CAD 5,836
30.1%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 7,931
5.0%
1
Qatar
CAD 7,931
5.0%
2
Bahrain
CAD 7,680
8.0%
3
Oman
CAD 7,680
8.0%
4
Saudi Arabia
CAD 7,513
10.0%
5
Kuwait
CAD 7,430
11.0%
6
Israel
CAD 7,250
13.2%
7
Egypt
CAD 6,562
21.4%
8
Lebanon
CAD 6,525
21.8%
9
Turkey
CAD 5,126
38.6%
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.