Income Tax Calculator Canada

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary $24,180

EI deduction - $382

CPP deduction - $1,179

Federal tax deduction - $3,200

Provincial tax deduction - $1,393

Total tax - $6,154

Net pay * $18,026

Marginal tax rate 31.9%

Average tax rate 25.4%

25.4%Total tax

74.6%

Net pay

The Taxberg

$18,026

Net pay

$1,714

Tax the employer pays

$6,154

Tax you pay

Total tax paid

$7,868

Did you know your employer also pays tax on your salary? It costs the employer $1,714 to pay you $24,180. In other words, every time you spend $10 of your hard-earned money, $3.25 goes to the government.

Real tax rate

30.4%

So, with you and the employer both paying tax, what used to be a 25.5% tax rate now rises to 30.4%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.

Summary

If you make $24,180 a year living in the region of Ontario, Canada, you will be taxed $6,154. That means that your net pay will be $18,026 per year, or $1,502 per month. Your average tax rate is 25.4% and your marginal tax rate is 31.9%. 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 $31.9, hence, your net pay will only increase by $68.1.

Bonus Example

A $1,000 bonus will generate an extra $681 of net incomes. A $5,000 bonus will generate an extra $3,405 of net incomes.

Province

AlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland and LabradorNorthwest TerritoriesNova ScotiaNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon

Tax per income

$24,500$25,000$25,500$26,000$26,500$27,000$27,500$28,000$28,500$29,000$29,500$30,000$30,500$31,000$31,500$32,000$32,500$33,000$33,500$34,000

Tax per region

Country	Net pay	Average tax	Rank
Quebec	CAD 18,821	22.2%	1
British Columbia	CAD 18,673	22.8%	2
Nunavut	CAD 18,515	23.4%	3
Alberta	CAD 17,157	29.0%	11
Saskatchewan	CAD 17,044	29.5%	12
Manitoba	CAD 16,976	29.8%	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.