Free Payroll Calculator Ontario 2019

How to Use This Calculator

Enter your employee's gross salary and select the appropriate pay frequency. The calculator will automatically compute the net pay after deductions. You can also adjust the tax rates if needed.

This calculator uses the 2019 tax rates and deductions for Ontario businesses. For more accurate results, consult with a tax professional or use official government resources.

Formula Used

The calculator uses the following tax rates for 2019:

• Federal Tax: Progressive rates from 15% to 33%
• Provincial Tax (Ontario): Progressive rates from 5.05% to 13.16%
• CPP: 5.1% of earnings (employee and employer contributions)
• EI: 1.66% of earnings (employee and employer contributions)

Worked Example

Let's calculate the net pay for an employee earning $50,000 per year with a monthly pay frequency.

1. Gross Monthly Salary = $50,000 / 12 = $4,166.67
2. Federal Tax = $4,166.67 × 20.5% = $854.00
3. Provincial Tax = $4,166.67 × 12.16% = $506.00
4. CPP = $4,166.67 × 9.9% = $412.50
5. EI = $4,166.67 × 3.32% = $137.50
6. Total Deductions = $854 + $506 + $412.50 + $137.50 = $1,909.50
7. Net Pay = $4,166.67 - $1,909.50 = $2,257.17

Using our calculator, you should get a similar result for this scenario.