Income Tax Calculator Ontario

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary $8,500

EI deduction - $134

CPP deduction - $285

Federal tax deduction - $1,019

Provincial tax deduction - $302

Total tax - $1,741

Net pay * $6,760

Marginal tax rate 30.5%

Average tax rate 20.5%

20.5%Total tax

79.5%

Net pay

The Taxberg

$6,760

Net pay

$473

Tax the employer pays

$1,741

Tax you pay

Total tax paid

$2,214

Did you know your employer also pays tax on your salary? It costs the employer $473 to pay you $8,500. In other words, every time you spend $10 of your hard-earned money, $2.6 goes to the government.

Real tax rate

24.7%

So, with you and the employer both paying tax, what used to be a 20.5% tax rate now rises to 24.7%, meaning your real tax rate is actually 4.2% higher than what it seemed at first.

Summary

If you make $8,500 a year living in the region of Ontario, Canada, you will be taxed $1,741. That means that your net pay will be $6,760 per year, or $563 per month. Your average tax rate is 20.5% and your marginal tax rate is 30.5%. 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 $30.5, hence, your net pay will only increase by $69.5.

Bonus Example

A $1,000 bonus will generate an extra $695 of net incomes. A $5,000 bonus will generate an extra $3,475 of net incomes.

Province

AlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland and LabradorNorthwest TerritoriesNova ScotiaNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon

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

Country	Net pay	Average tax	Rank
Quebec	CAD 7,202	15.3%	1
British Columbia	CAD 7,062	16.9%	2
Ontario	CAD 6,760	20.5%	3
Alberta	CAD 6,254	26.4%	11
Saskatchewan	CAD 6,213	26.9%	12
Manitoba	CAD 6,189	27.2%	13

NOTE* Withholding is calculated based on the Ontario tables of CA, 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.