Income tax calculator Ontario
Find out how much your salary is after tax
Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$8,446
Federal tax deduction
- $1,012
Provincial tax deduction
- $297
CPP deduction
- $282
EI deduction
- $133
Total tax
- $1,724
Net pay
*
$6,722
Marginal tax rate
30.6%
Average tax rate
20.4%
79.6%
Net pay
20.4%
Total tax
Total tax
Net pay
Want to send us feedback? Click here >
The Taxberg
$6,722
Net pay
$469
Tax the employer pays
$1,724
Tax you pay
Total tax paid
$2,193
Did you know your employer also pays tax on your salary? It costs the employer $469 to pay you $8,446. In other words, every time you spend $10 of your hard-earned money, $2.60 goes to the government.
Real tax rate
24.6%
So, with you and the employer both paying tax, what used to be a 20.4% tax rate now rises to 24.6%, meaning your real tax rate is actually 4.2% higher than what it seemed at first.
Summary
If you make $8,446 a year living in the region of Ontario, Canada, you will be taxed $1,724. That means that your net pay will be $6,722 per year, or $560 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
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 7,158
15.2%
1
British Columbia
CAD 7,019
16.9%
2
Ontario
CAD 6,722
20.4%
3
Nunavut
CAD 6,698
20.7%
4
Yukon
CAD 6,588
22.0%
5
Northwest Territories
CAD 6,545
22.5%
6
Newfoundland and Labrador
CAD 6,320
25.2%
7
Nova Scotia
CAD 6,313
25.3%
8
New Brunswick
CAD 6,264
25.8%
9
Prince Edward Island
CAD 6,232
26.2%
10
Alberta
CAD 6,216
26.4%
11
Saskatchewan
CAD 6,176
26.9%
12
Manitoba
CAD 6,152
27.2%
13
Show more
Europe
Country
Net pay
Average tax
Rank
United Kingdom
CAD 8,446
0.0%
1
Austria
CAD 8,446
0.0%
2
Ireland
CAD 8,446
0.0%
3
Norway
CAD 8,353
1.1%
4
Spain
CAD 7,910
6.4%
5
Switzerland
CAD 7,834
7.3%
6
Italy
CAD 7,670
9.2%
7
France
CAD 7,627
9.7%
8
Czech Republic
CAD 7,517
11.0%
9
Luxembourg
CAD 7,513
11.1%
10
Russia
CAD 7,348
13.0%
11
Germany
CAD 7,232
14.4%
12
Hungary
CAD 6,883
18.5%
13
Ukraine
CAD 6,799
19.5%
14
Sweden
CAD 6,776
19.8%
15
Poland
CAD 6,632
21.5%
16
Greece
CAD 6,601
21.9%
17
Portugal
CAD 6,288
25.6%
18
Finland
CAD 5,849
30.8%
19
Belgium
CAD 5,743
32.0%
20
Denmark
CAD 5,598
33.7%
21
Netherlands
CAD 5,315
37.1%
22
Romania
CAD 4,941
41.5%
23
Show more
North America
Country
Net pay
Average tax
Rank
USA
CAD 7,715
8.7%
1
Canada
CAD 6,722
20.4%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
CAD 8,446
0.0%
1
Hong Kong
CAD 8,446
0.0%
2
Pakistan
CAD 8,053
4.7%
3
Thailand
CAD 7,982
5.5%
4
Philippines
CAD 7,699
8.8%
5
Taiwan
CAD 7,698
8.9%
6
Indonesia
CAD 7,485
11.4%
7
South Korea
CAD 7,474
11.5%
8
Malaysia
CAD 7,452
11.8%
9
New Zealand
CAD 7,442
11.9%
10
India
CAD 7,261
14.0%
11
Singapore
CAD 7,134
15.5%
12
Vietnam
CAD 6,921
18.1%
13
Japan
CAD 6,863
18.7%
14
Kazakhstan
CAD 6,689
20.8%
15
China
CAD 6,349
24.8%
16
Show more
Latin America
Country
Net pay
Average tax
Rank
Puerto Rico
CAD 7,775
8.0%
1
Colombia
CAD 7,770
8.0%
2
Ecuador
CAD 7,648
9.5%
3
Guatemala
CAD 7,636
9.6%
4
Costa Rica
CAD 7,559
10.5%
5
Brazil
CAD 7,536
10.8%
6
Mexico
CAD 7,517
11.0%
7
Panama
CAD 7,517
11.0%
8
Peru
CAD 7,390
12.5%
9
Chile
CAD 6,960
17.6%
10
Uruguay
CAD 6,748
20.1%
11
Argentina
CAD 5,480
35.1%
12
Show more
Africa
Country
Net pay
Average tax
Rank
South Africa
CAD 8,111
4.0%
1
Morocco
CAD 7,426
12.1%
2
Cameroon
CAD 6,802
19.5%
3
Ivory Coast
CAD 6,772
19.8%
4
Mozambique
CAD 6,721
20.4%
5
Kenya
CAD 6,656
21.2%
6
Ghana
CAD 6,352
24.8%
7
Angola
CAD 6,350
24.8%
8
Zambia
CAD 5,931
29.8%
9
Nigeria
CAD 5,918
29.9%
10
Senegal
CAD 5,902
30.1%
11
Uganda
CAD 5,899
30.2%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
CAD 8,024
5.0%
1
Qatar
CAD 8,024
5.0%
2
Bahrain
CAD 7,770
8.0%
3
Oman
CAD 7,770
8.0%
4
Saudi Arabia
CAD 7,601
10.0%
5
Kuwait
CAD 7,517
11.0%
6
Israel
CAD 7,335
13.2%
7
Egypt
CAD 6,638
21.4%
8
Lebanon
CAD 6,598
21.9%
9
Turkey
CAD 5,183
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.