Income tax calculator Ontario

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$4,942
Federal tax deduction
- $524
CPP deduction
- $82.19
EI deduction
- $78.08
Total tax
- $684
Net pay
* $4,258
Marginal tax rate
24.1%
Average tax rate
13.9%
86.1%
Net pay
13.9%
Total tax
Total tax
Net pay
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Summary
If you make $4,942 a year living in the region of Ontario, Canada, you will be taxed $684. That means that your net pay will be $4,258 per year, or $355 per month. Your average tax rate is 13.9% and your marginal tax rate is 24.1%. 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 $24.05, hence, your net pay will only increase by $75.95.
Bonus Example
A $1,000 bonus will generate an extra $760 of net incomes. A $5,000 bonus will generate an extra $3,798 of net incomes.
Region
Alberta
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Northwest Territories
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Quebec
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Yukon
Tax per income
$4,500
$5,000
$5,500
$6,000
$6,500
$7,000
$7,500
$8,000
$8,500
$9,000
$9,500
$10,000
$10,500
$11,000
$11,500
$12,000
$12,500
$13,000
$13,500
$14,000
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.