Toronto Paycheck Calculator
Salary Calculator
Enter your gross salary below and calculate your take-home pay after taxes and deductions.
📍Calculating for: Toronto, Ontario, Canada
💰Currency: CAD•📊Rates updated regularly
Tax Information for Toronto
Location Details
- Country:
- Canada
- State/Province:
- Ontario
- City:
- Toronto
- Currency:
- CAD
Tax Rates
- Income Tax:
- 31.0%
- Social Security:
- 5.5%
- Medicare:
- 1.8%
- Other Deductions:
- 2.5%
- Total Tax Rate:
- 40.8%
Note: Tax rates are approximate and for estimation purposes only. Actual tax calculations may vary based on individual circumstances, deductions, and current tax laws. Please consult a tax professional for precise calculations.
Local insight
What to expect in Toronto, Ontario, Canada
Important city in Canada
Data source
Canada Tax Authority
Last reviewed
2025-08-06
Scenario
CA$50,000.00 gross salary
Adjust the calculator for bonuses, deductions, and payroll frequency to see personalised results.
Scenario
CA$100,000.00 gross salary
Adjust the calculator for bonuses, deductions, and payroll frequency to see personalised results.
📍 Toronto City Information
Learn more about Toronto, Ontario, Canada including population, timezone, economic level and other important data.
Population
Approximately 1,350,981 people
Current Time
23:11 (Toronto)
Economic Level
Tax Year
Data updated on 2025-08-06
🏙️ City Highlights
Important city in Canada
Data Source: Canada Tax Authority | Description: Tax rates for Toronto, Ontario including all standard Canada deductions
💡 Frequently Asked Questions
🎯 How accurate is this calculator?
Our calculator uses current tax rates for Toronto, Ontario, Canada. While highly accurate for most situations, individual circumstances may vary.
📊 What deductions are included?
Income tax, social security, medicare (where applicable), and other standard deductions for Toronto, Ontario, Canada.
📅 Annual vs Monthly calculations?
Switch between annual and monthly using the toggle. Results automatically adjust for your selected period.
🔒 Is my data secure?
All calculations are done locally in your browser. We don't store or track your salary information.