* Deductions are calculated based on the Ontario tables of Canada, 2018 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.
If you make CAD 45 000,00 a year living in the region of Ontario, Canada, you will be taxed CAD 9 322,56 . That means that your net pay will be CAD 35 677,44 per year, or CAD 2 973,12 per month. Your average tax rate is 20,72% and your marginal tax rate is 36,18%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of CAD 100,00 in your salary will be taxed CAD 36,18, hence, your net pay will only increase by CAD 63,82.
A CAD 1 000,00 bonus will generate an extra CAD 638,23 of net revenues.
A CAD 5 000,00 bonus will generate an extra CAD 3 191,13 of net revenues.