Question: how much tax comes out of my paycheck ontario?
Answer: + 5.05% on the first $40,922 + 9.15% on the next $37,146 + 11.6% on the next $11,412 + 12.6% on every dollar after $149,999 in provincial tax. For example, if you made $52,000 annually, you would pay approximately $11,391.13 in income tax total including the federal and provincial taxes as outlined below.