Canadian Bonus Tax Calculator
See how much of your bonus you keep after tax, CPP and EI, whichever province you live in.
Employee deductions for 2026. Quebec figures are an estimate (see methodology). Low-income credits, dependants and other reliefs are not modelled.
Your take-home pay · per month
$50,556 a year from $65,000 gross, you keep 77.8%
Bonuses are normal income
A bonus is added to your annual income and taxed at your marginal rate. Your actual tax is settled when you file your return.
Withholding versus actual tax
Employers often withhold tax on lump-sum payments at flat rates, which can be higher or lower than your final tax. The difference comes back as a refund or is owed at filing.
Reduce the tax on a bonus
Asking your employer to pay part of a bonus directly into your RRSP can avoid withholding on that part.
Frequently asked questions
Figures use 2026 Canadian rates. See the methodology.
How much tax will I pay on a $5,000 bonus? +
On a $60,000 salary in Ontario, a $5,000 bonus leaves about $3,216 after tax, CPP and EI. The bonus card shows your exact figure.
Why was my bonus taxed so heavily? +
Lump-sum withholding is applied up front and is not your final rate. Any excess is refunded when you file.