Net salary calculator from annual gross income in Ontario 2019

Salary frequencyGross income ($)Net income ($)
(once a year)
( 1/2 month)
(2 weeks)
% 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 2019

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

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)

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