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Income Tax Calculator Canada

Find out how much your salary is after tax

Salary rate
Withholding
Salary $60
EI deduction - $1
Total tax - $1
Net pay * $59
Marginal tax rate 9.4%
Average tax rate 1.6%
1.6%Total tax
98.4%
Net pay
The Taxberg
cloud
cloud
$59
Net pay
$1
Tax the employer pays
$1
Tax you pay
Country flagIceberg
Icepiece
Total tax paid
$2
Did you know your employer also pays tax on your salary? It costs the employer $1 to pay you $60. In other words, every time you spend $10 of your hard-earned money, $0.33 goes to the government.
Real tax rate
3.3%
So, with you and the employer both paying tax, what used to be a 1.7% tax rate now rises to 3.3%, meaning your real tax rate is actually 1.6% higher than what it seemed at first.
Summary

If you make $720 a year living in the region of Ontario, Canada, you will be taxed $11. That means that your net pay will be $709 per year, or $59 per month. Your average tax rate is 1.6% and your marginal tax rate is 9.4%. 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 $9.4, hence, your net pay will only increase by $90.6.

Bonus Example

A $1,000 bonus will generate an extra $906 of net incomes. A $5,000 bonus will generate an extra $4,530 of net incomes.

Tax per region
Country Net payAverage taxRank
British ColumbiaCAD 7091.6%1
OntarioCAD 7091.6%2
YukonCAD 7091.6%3
AlbertaCAD 63811.4%11
SaskatchewanCAD 63411.9%12
ManitobaCAD 63212.2%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.