About Paycheck Calculator
Calculate your take-home pay after taxes and deductions. Estimate federal, provincial, CPP, and EI withholdings for Canadian and US paychecks. Free, instant.
How to use
- Select your country (Canada or US) and enter your gross salary or hourly wage. If hourly, enter your rate and typical weekly hours. The calculator converts between annual salary and hourly rate automatically — a $60,000 salary equals $28.85/hour based on 2,080 work hours per year.
- Choose your pay frequency: weekly (52 periods), bi-weekly (26), semi-monthly (24), or monthly (12). The frequency affects how deductions are calculated each period. Bi-weekly and semi-monthly are the most common pay cycles in Canada.
- Select your province or state. Each Canadian province has different tax brackets — Alberta has the lowest combined rate for most income levels, while Quebec has the highest. The calculator automatically applies the correct federal and provincial/state rates.
- Review the automatic deductions. For Canadian employees: federal tax (15-33%), provincial tax, CPP (5.95% on earnings between $3,500 and $71,300), and EI (1.64% up to $65,700). For US employees: federal tax, state tax, Social Security (6.2%), and Medicare (1.45%).
- View your detailed paycheck breakdown showing gross pay, each deduction as a separate line item, and your net take-home pay. The itemized view helps you verify your employer's deductions match what they should be.
- Compare scenarios — see how a raise, overtime, or moving to a different province affects take-home pay. An employee earning $70,000 in Alberta takes home about $3,700 more per year than the same salary in Ontario due to lower provincial tax rates.
- Use the annual summary to understand your total tax burden. Most Canadians earning $60,000-$80,000 pay an effective total rate (federal + provincial + CPP + EI) of approximately 25-30%.
Frequently asked questions
How much tax is deducted from a paycheck in Canada?
Canadian paycheck deductions include federal income tax (15% on the first $57,375, then 20.5%, 26%, 29%, and 33% on higher brackets), provincial income tax (varies by province from 5.06% to 20.5%), CPP at 5.95% on earnings between $3,500 and $71,300, and EI at 1.64% up to $65,700. On a $60,000 salary in Ontario, total deductions are approximately $13,500-$15,000, leaving take-home pay of about $45,000-$46,500 per year or $1,730-$1,790 per bi-weekly paycheck.
What is the take-home pay on a $50,000 salary?
Take-home on $50,000 varies significantly by province. In Alberta (lowest combined tax): approximately $39,800-$40,500. In Ontario: $38,500-$39,200. In Quebec (highest): $36,800-$37,500. In British Columbia: $39,000-$39,800. The differences come from provincial tax rates and, in Quebec, additional payroll deductions for QPP and QPIP. At $50,000, the total effective tax rate ranges from roughly 19% in Alberta to 26% in Quebec.
What are CPP and EI deductions?
CPP (Canada Pension Plan) is a mandatory retirement contribution. In 2025, the rate is 5.95% on pensionable earnings between $3,500 and $71,300 (YMPE), maxing at $4,034.10 per year. Your employer matches this dollar for dollar. CPP2 adds 4% on earnings between $71,300 and $81,900 (YAMPE), maxing at $422/year. EI (Employment Insurance) is 1.64% on insurable earnings up to $65,700, maxing at $1,077.48/year. The employer pays 1.4 times the employee EI contribution. If you are running payroll for employees, see our
Payroll Calculator for the full employer cost breakdown including matching contributions.
How do I calculate my hourly rate from a salary?
Divide your annual salary by 2,080 hours (40 hours/week x 52 weeks). A $50,000 salary = $24.04/hour, $60,000 = $28.85/hour, $75,000 = $36.06/hour, $100,000 = $48.08/hour. For after-tax hourly rate, divide annual take-home by 2,080 instead. In Ontario, a $60,000 salary nets about $46,000 take-home, equaling roughly $22.12/hour after tax. Knowing your after-tax hourly rate helps evaluate whether overtime or freelance work is worth the effort after marginal tax.
Does this calculator work for US paychecks?
Yes, it supports both Canadian and US paycheck calculations. For US employees: Social Security at 6.2% on earnings up to $168,600 (2025), Medicare at 1.45% on all earnings with an additional 0.9% surtax above $200,000, federal income tax using standard US brackets (10% to 37%), and state income tax where applicable. Nine US states have no income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming.
Why is my first paycheck different from the rest?
Several factors cause this. If you started mid-pay-period, you only receive pay for days worked. Tax withholdings may differ because payroll annualizes your earnings — if your first check is for 5 days, it might calculate taxes as if that is your regular pay. CPP and EI depend on year-to-date earnings which reset each January. Additionally, one-time deductions like union fees, benefits enrollment, or uniform charges may come from your first check. Subsequent paychecks should stabilize.
How do bonuses and overtime get taxed in Canada?
Bonuses are taxed at your marginal rate — the bracket your total annual income falls into. Most employers withhold a flat 30-40% on bonuses to simplify payroll, which may over-withhold. You recover the difference when filing your tax return. Overtime pay is taxed as regular income at your marginal rate with no special tax break. The perception that bonuses are taxed higher is usually because lump-sum withholding temporarily takes more than your actual rate. Your annual return reconciles the difference.
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