Income tax calculator Ontario
Find out how much your salary is after tax
Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$8,987
Federal tax deduction
- $1,087
Provincial tax deduction
- $348
CPP deduction
- $313
EI deduction
- $142
Total tax
- $1,889
Net pay
*
$7,098
Marginal tax rate
30.6%
Average tax rate
21.0%
79.0%
Net pay
21.0%
Total tax
Total tax
Net pay
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The Taxberg
$7,098
Net pay
$512
Tax the employer pays
$1,889
Tax you pay
Total tax paid
$2,401
Did you know your employer also pays tax on your salary? It costs the employer $512 to pay you $8,987. In other words, every time you spend $10 of your hard-earned money, $2.67 goes to the government.
Real tax rate
25.3%
So, with you and the employer both paying tax, what used to be a 21% tax rate now rises to 25.3%, meaning your real tax rate is actually 4.3% higher than what it seemed at first.
Summary
If you make $8,987 a year living in the region of Ontario, Canada, you will be taxed $1,889. That means that your net pay will be $7,098 per year, or $591 per month. Your average tax rate is 21.0% 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 7,594
15.5%
1
British Columbia
CAD 7,445
17.2%
2
Nunavut
CAD 7,104
21.0%
3
Ontario
CAD 7,098
21.0%
4
Yukon
CAD 6,982
22.3%
5
Northwest Territories
CAD 6,942
22.8%
6
Newfoundland and Labrador
CAD 6,703
25.4%
7
Nova Scotia
CAD 6,695
25.5%
8
New Brunswick
CAD 6,643
26.1%
9
Prince Edward Island
CAD 6,609
26.5%
10
Alberta
CAD 6,592
26.6%
11
Saskatchewan
CAD 6,550
27.1%
12
Manitoba
CAD 6,524
27.4%
13
Show more
North America
Country
Net pay
Average tax
Rank
USA
CAD 8,211
8.6%
1
Canada
CAD 7,098
21.0%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
CAD 8,987
0.0%
1
Hong Kong
CAD 8,987
0.0%
2
Pakistan
CAD 8,526
5.1%
3
Thailand
CAD 8,496
5.5%
4
Taiwan
CAD 8,192
8.9%
5
Philippines
CAD 8,126
9.6%
6
South Korea
CAD 7,947
11.6%
7
Indonesia
CAD 7,931
11.8%
8
Malaysia
CAD 7,930
11.8%
9
New Zealand
CAD 7,918
11.9%
10
India
CAD 7,545
16.1%
11
Singapore
CAD 7,350
18.2%
12
Vietnam
CAD 7,333
18.4%
13
Japan
CAD 7,303
18.7%
14
Kazakhstan
CAD 7,118
20.8%
15
China
CAD 6,719
25.2%
16
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Latin America
Country
Net pay
Average tax
Rank
Puerto Rico
CAD 8,273
8.0%
1
Colombia
CAD 8,268
8.0%
2
Ecuador
CAD 8,138
9.5%
3
Guatemala
CAD 8,125
9.6%
4
Costa Rica
CAD 8,043
10.5%
5
Panama
CAD 7,998
11.0%
6
Brazil
CAD 7,962
11.4%
7
Mexico
CAD 7,956
11.5%
8
Peru
CAD 7,864
12.5%
9
Chile
CAD 7,405
17.6%
10
Uruguay
CAD 7,181
20.1%
11
Argentina
CAD 5,832
35.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
CAD 8,549
4.9%
1
Morocco
CAD 7,812
13.1%
2
Cameroon
CAD 7,174
20.2%
3
Ivory Coast
CAD 7,164
20.3%
4
Mozambique
CAD 7,138
20.6%
5
Kenya
CAD 7,030
21.8%
6
Angola
CAD 6,746
24.9%
7
Ghana
CAD 6,736
25.1%
8
Nigeria
CAD 6,286
30.1%
9
Uganda
CAD 6,251
30.4%
10
Senegal
CAD 6,241
30.6%
11
Zambia
CAD 6,237
30.6%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
CAD 8,538
5.0%
1
Qatar
CAD 8,538
5.0%
2
Bahrain
CAD 8,268
8.0%
3
Oman
CAD 8,268
8.0%
4
Saudi Arabia
CAD 8,088
10.0%
5
Kuwait
CAD 7,998
11.0%
6
Israel
CAD 7,805
13.2%
7
Egypt
CAD 7,057
21.5%
8
Lebanon
CAD 7,004
22.1%
9
Turkey
CAD 5,498
38.8%
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.