Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$8,400
Federal tax deduction
- $1,005
Provincial tax deduction
- $293
CPP deduction
- $279
EI deduction
- $133
Total tax
- $1,710
Net pay
* $6,690
Marginal tax rate
30.6%
Average tax rate
20.4%
79.6%
Net pay
20.4%
Total tax
Total tax
Net pay
The Taxberg
$6,690
Net pay
$465
Tax the employer pays
$1,710
Tax you pay
Total tax paid
$2,175
Did you know your employer also pays tax on your salary? It costs the employer $465 to pay you $8,400. In other words, every time you spend $10 of your hard-earned money, $2.59 goes to the government.
Real tax rate
24.5%
So, with you and the employer both paying tax, what used to be a 20.4% tax rate now rises to 24.5%, meaning your real tax rate is actually 4.1% higher than what it seemed at first.
People also ask
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What is the average salary in Canada?
Summary
If you make $8,400 a year living in the region of Ontario, Canada, you will be taxed $1,710. That means that your net pay will be $6,690 per year, or $558 per month. Your average tax rate is 20.4% 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
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 8,400
0.0%
1
Austria
CAD 8,400
0.0%
2
Ireland
CAD 8,400
0.0%
3
Norway
CAD 8,314
1.0%
4
Spain
CAD 7,867
6.4%
5
Switzerland
CAD 7,791
7.3%
6
Italy
CAD 7,628
9.2%
7
France
CAD 7,585
9.7%
8
Czech Republic
CAD 7,476
11.0%
9
Luxembourg
CAD 7,472
11.1%
10
Russia
CAD 7,308
13.0%
11
Germany
CAD 7,240
13.8%
12
Hungary
CAD 6,846
18.5%
13
Ukraine
CAD 6,762
19.5%
14
Sweden
CAD 6,741
19.8%
15
Poland
CAD 6,596
21.5%
16
Greece
CAD 6,565
21.9%
17
Portugal
CAD 6,254
25.6%
18
Finland
CAD 5,817
30.8%
19
Belgium
CAD 5,712
32.0%
20
Denmark
CAD 5,567
33.7%
21
Netherlands
CAD 5,286
37.1%
22
Romania
CAD 4,914
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 7,673
8.7%
1
Canada
CAD 6,690
20.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 8,400
0.0%
1
Hong Kong
CAD 8,400
0.0%
2
Pakistan
CAD 8,012
4.6%
3
Thailand
CAD 7,938
5.5%
4
Philippines
CAD 7,663
8.8%
5
Taiwan
CAD 7,657
8.9%
6
Indonesia
CAD 7,447
11.4%
7
South Korea
CAD 7,434
11.5%
8
Malaysia
CAD 7,411
11.8%
9
New Zealand
CAD 7,401
11.9%
10
India
CAD 7,239
13.8%
11
Singapore
CAD 7,115
15.3%
12
Vietnam
CAD 6,886
18.0%
13
Japan
CAD 6,826
18.7%
14
Kazakhstan
CAD 6,653
20.8%
15
China
CAD 6,315
24.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 7,732
8.0%
1
Colombia
CAD 7,728
8.0%
2
Ecuador
CAD 7,606
9.5%
3
Guatemala
CAD 7,595
9.6%
4
Costa Rica
CAD 7,518
10.5%
5
Brazil
CAD 7,498
10.7%
6
Mexico
CAD 7,479
11.0%
7
Panama
CAD 7,476
11.0%
8
Peru
CAD 7,350
12.5%
9
Chile
CAD 6,922
17.6%
10
Uruguay
CAD 6,712
20.1%
11
Argentina
CAD 5,450
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 8,073
3.9%
1
Morocco
CAD 7,391
12.0%
2
Cameroon
CAD 6,770
19.4%
3
Ivory Coast
CAD 6,738
19.8%
4
Mozambique
CAD 6,686
20.4%
5
Kenya
CAD 6,624
21.1%
6
Ghana
CAD 6,320
24.8%
7
Angola
CAD 6,317
24.8%
8
Zambia
CAD 5,905
29.7%
9
Nigeria
CAD 5,887
29.9%
10
Senegal
CAD 5,872
30.1%
11
Uganda
CAD 5,870
30.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 7,980
5.0%
1
Qatar
CAD 7,980
5.0%
2
Bahrain
CAD 7,728
8.0%
3
Oman
CAD 7,728
8.0%
4
Saudi Arabia
CAD 7,560
10.0%
5
Kuwait
CAD 7,476
11.0%
6
Israel
CAD 7,295
13.2%
7
Egypt
CAD 6,602
21.4%
8
Lebanon
CAD 6,564
21.9%
9
Turkey
CAD 5,156
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.