Income Tax Calculator Canada

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary $49

EI deduction - $0

CPP deduction - $2

Federal tax deduction - $8

Provincial tax deduction - $4

Total tax - $15

Net pay * $34

Marginal tax rate 48.7%

Average tax rate 29.7%

29.7%Total tax

70.3%

Net pay

The Taxberg

$34

Net pay

Tax the employer pays

$15

Tax you pay

Total tax paid

$17

Did you know your employer also pays tax on your salary? It costs the employer $2 to pay you $49. In other words, every time you spend $10 of your hard-earned money, $3.47 goes to the government.

Real tax rate

33.3%

So, with you and the employer both paying tax, what used to be a 30.6% tax rate now rises to 33.3%, meaning your real tax rate is actually 2.7% higher than what it seemed at first.

Summary

If you make $96,765 a year living in the region of Ontario, Canada, you will be taxed $28,759. That means that your net pay will be $68,005 per year, or $5,667 per month. Your average tax rate is 29.7% and your marginal tax rate is 48.7%. 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 $48.7, hence, your net pay will only increase by $51.3.

Bonus Example

A $1,000 bonus will generate an extra $513 of net incomes. A $5,000 bonus will generate an extra $2,565 of net incomes.

Province

AlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland and LabradorNorthwest TerritoriesNova ScotiaNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon

Tax per income

$500$1,000$1,500$2,000$2,500$3,000$3,500$4,000$4,500$5,000$5,500$6,000$6,500$7,000$7,500$8,000$8,500$9,000$9,500$10,000

Tax per region

Country	Net pay	Average tax	Rank
Nunavut	CAD 70,907	26.7%	1
British Columbia	CAD 69,704	28.0%	2
Northwest Territories	CAD 69,055	28.6%	3
Quebec	CAD 63,862	34.0%	11
Prince Edward Island	CAD 63,485	34.4%	12
Nova Scotia	CAD 63,167	34.7%	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.