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Calculation of your net income in Ontario

Net salary calculator from annual gross income in Ontario 2018

This net income calculator provides an overview of an annual, weekly or hourly wage based on annual gross income of 2018.

Fill the weeks and hours sections as desired to get your personnal net income. This calculator is based on 2018 Ontario taxes.

Salary frequencyGross income ($)Net income ($)
Annual
(once a year)
Monthly
(month)
Semimonthly
( 1/2 month)
Biweekly
(2 weeks)
Weekly
(week)
Hourly
(hour)
% marginal taxAverage % of taxPayable taxNet income after tax

Tax Breakdown

Federal tax

Marginal tax rate CanadaTaxation in Canada

Ontario tax

Marginal tax rate OntarioOntario tax

Ontario Surtax

Surtax for Ontario only apply for income tax over 4638$ for 2018

Ontario surtax RateSurtax Amount
Total surtax:

Employee (by an employer)

CPPEmployment Insurance benefits (EI)

Self-employed (sole proprietorship)

CPP (self-employed)Employment Insurance benefits (EI)

Total net income

After-tax income, annuities and insurance

Net income employeeNet income self-employed

Formula for calculating net salary


The annual net income is calculated by subtracting the amounts related to the tax (Canada Tax and Ontario Tax), the Ontario surtax, the Canadian Pension Plan, the Employment Insurance.

Gross annual income - Taxes - Surtax - CPP - EI = Net annual salary

Net annual salary / Weeks of work / year = Net weekly income

Net weekly income / Hours of work / week = Net hourly wage

Calculation example

Take, for example, a salaried worker who earns an annual gross salary of $ 25,000 for 40 hours a week and has worked 52 weeks during the year.

$25 000 - Taxes - Surtax - CPP - EI = $20 802.48 / year (net)

$20 802.48 / 52 weeks = $400.05 / week (net)

$400.05 / 40 hours = $10.00 / hour (net)

You simply need to the the same division for the gross income base on the annual gross salary (line 2 and 3).

Frequency or periods of payment

In Ontario, the frequency or pay cycle is usually every 2 weeks. However, it is quite possible that you need to know the other pay periods that may be following them (based on an entire year of 52 weeks):

  • Annual (year-round, only once a year)
  • Monthly (a month, 12 periods per year)
  • Semimonthly (2 x per month, 24 periods per year)
  • Biweekly (every 2 weeks, 26 periods a year)
  • weekly (once per week, 52 periods a year)
  • Schedule (per hour, 52 weeks x number of hours per week)

Our calculator allows you to evaluate the gross/net salary over the period based on the number of weeks worked that you entered in the field "weeks of work". This way, if you indicate 48 weeks, you will necessarily have a higher periodic salary than if you indicate 52 weeks.

Tax calculation

The following net and gross income calculator is not dedicated to the calculation of the tax itself. We suggest you use the page Income tax calculator for Ontario in 2018 to obtain more details on this subject.

What is net income

The net income is the result of the total income (all sources of revenues also called gross income) where all taxes and other deduction has been subtracted.

All sources of gross income include:

  • Employment and/or self-employment salary
  • Tips or other form of revenu
  • All pensions
  • Capital gains
  • And more

All sources of taxes and deductions include:

  • Canada Tax (federal)
  • Ontario Tax (provincial)
  • Ontario surtax (provincial)
  • CPP
  • Ei
  • And more

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