Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$50,000
Federal tax deduction
- $6,791
Provincial tax deduction
- $3,106
CPP deduction
- $2,651
EI deduction
- $790
Total tax
- $13,338
Net pay
* $36,662
Marginal tax rate
35.3%
Average tax rate
26.7%
73.3%
Net pay
26.7%
Total tax
Total tax
Net pay
The Taxberg
$36,662
Net pay
$3,757
Tax the employer pays
$13,338
Tax you pay
Total tax paid
$17,094
Did you know your employer also pays tax on your salary? It costs the employer $3,757 to pay you $50,000. In other words, every time you spend $10 of your hard-earned money, $3.42 goes to the government.
Real tax rate
31.8%
So, with you and the employer both paying tax, what used to be a 26.7% tax rate now rises to 31.8%, meaning your real tax rate is actually 5.1% higher than what it seemed at first.
People also ask
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Summary
If you make $50,000 a year living in the region of Ontario, Canada, you will be taxed $13,338. That means that your net pay will be $36,662 per year, or $3,055 per month. Your average tax rate is 26.7% and your marginal tax rate is 35.3%. 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 $35.25, hence, your net pay will only increase by $64.75.
Bonus Example
A $1,000 bonus will generate an extra $648 of net incomes. A $5,000 bonus will generate an extra $3,238 of net incomes.
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
$50,500
$51,000
$51,500
$52,000
$52,500
$53,000
$53,500
$54,000
$54,500
$55,000
$55,500
$56,000
$56,500
$57,000
$57,500
$58,000
$58,500
$59,000
$59,500
$60,000
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 37,842
24.3%
1
British Columbia
CAD 37,230
25.5%
2
Northwest Territories
CAD 36,899
26.2%
3
Yukon
CAD 36,871
26.3%
4
Ontario
CAD 36,662
26.7%
5
Quebec
CAD 35,639
28.7%
6
Alberta
CAD 35,113
29.8%
7
New Brunswick
CAD 35,115
29.8%
8
Newfoundland and Labrador
CAD 35,089
29.8%
9
Saskatchewan
CAD 34,815
30.4%
10
Prince Edward Island
CAD 34,485
31.0%
11
Manitoba
CAD 34,436
31.1%
12
Nova Scotia
CAD 34,419
31.2%
13
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Europe
Country 
Net pay
Average tax
Rank
Switzerland
CAD 43,771
12.5%
1
Russia
CAD 43,500
13.0%
2
Ireland
CAD 41,852
16.3%
3
United Kingdom
CAD 40,860
18.3%
4
Hungary
CAD 40,750
18.5%
5
France
CAD 40,667
18.7%
6
Ukraine
CAD 40,250
19.5%
7
Norway
CAD 38,861
22.3%
8
Czech Republic
CAD 38,803
22.4%
9
Luxembourg
CAD 38,293
23.4%
10
Spain
CAD 37,935
24.1%
11
Austria
CAD 36,647
26.7%
12
Sweden
CAD 35,368
29.3%
13
Greece
CAD 34,620
30.8%
14
Denmark
CAD 33,686
32.6%
15
Germany
CAD 33,656
32.7%
16
Poland
CAD 33,276
33.5%
17
Italy
CAD 32,406
35.2%
18
Finland
CAD 31,655
36.7%
19
Netherlands
CAD 31,464
37.1%
20
Portugal
CAD 30,476
39.1%
21
Romania
CAD 29,250
41.5%
22
Belgium
CAD 25,826
48.4%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 40,309
19.4%
1
Canada
CAD 36,662
26.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 46,196
7.6%
1
Taiwan
CAD 44,366
11.3%
2
Thailand
CAD 42,645
14.7%
3
Australia
CAD 41,458
17.1%
4
South Korea
CAD 41,043
17.9%
5
Kazakhstan
CAD 40,135
19.7%
6
New Zealand
CAD 40,100
19.8%
7
Indonesia
CAD 38,891
22.2%
8
Singapore
CAD 38,850
22.3%
9
Pakistan
CAD 38,477
23.1%
10
Japan
CAD 38,026
24.0%
11
Malaysia
CAD 37,549
24.9%
12
Philippines
CAD 36,686
26.6%
13
Vietnam
CAD 35,191
29.6%
14
China
CAD 33,292
33.4%
15
India
CAD 31,626
36.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 45,206
9.6%
1
Puerto Rico
CAD 43,144
13.7%
2
Costa Rica
CAD 42,914
14.2%
3
Ecuador
CAD 41,633
16.7%
4
Chile
CAD 40,180
19.6%
5
Panama
CAD 40,125
19.8%
6
Colombia
CAD 39,672
20.7%
7
Peru
CAD 37,845
24.3%
8
Mexico
CAD 37,557
24.9%
9
Brazil
CAD 37,032
25.9%
10
Uruguay
CAD 35,433
29.1%
11
Argentina
CAD 32,490
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 37,733
24.5%
1
Angola
CAD 36,616
26.8%
2
Kenya
CAD 35,706
28.6%
3
Mozambique
CAD 35,581
28.8%
4
Ghana
CAD 34,464
31.1%
5
Nigeria
CAD 34,183
31.6%
6
Ivory Coast
CAD 33,932
32.1%
7
Morocco
CAD 33,447
33.1%
8
Uganda
CAD 32,477
35.1%
9
Cameroon
CAD 32,159
35.7%
10
Senegal
CAD 31,593
36.8%
11
Zambia
CAD 31,157
37.7%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 47,500
5.0%
1
Qatar
CAD 47,500
5.0%
2
Bahrain
CAD 46,000
8.0%
3
Oman
CAD 46,000
8.0%
4
Saudi Arabia
CAD 45,000
10.0%
5
Kuwait
CAD 44,500
11.0%
6
Israel
CAD 40,745
18.5%
7
Egypt
CAD 37,885
24.2%
8
Lebanon
CAD 37,764
24.5%
9
Turkey
CAD 29,387
41.2%
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.