Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$3,549
Federal tax deduction
- $480
Provincial tax deduction
- $205
CPP deduction
- $186
EI deduction
- $56.07
Total tax
- $926
Net pay
* $2,623
Marginal tax rate
25.9%
Average tax rate
26.1%
73.9%
Net pay
26.1%
Total tax
Total tax
Net pay
Summary
If you make $42,588 a year living in the region of Ontario, Canada, you will be taxed $11,115. That means that your net pay will be $31,473 per year, or $2,623 per month. Your average tax rate is 26.1% and your marginal tax rate is 25.9%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $100 in your salary will be taxed $25.87, hence, your net pay will only increase by $74.13.
Bonus Example
A $1,000 bonus will generate an extra $741 of net incomes. A $5,000 bonus will generate an extra $3,707 of net incomes.
Compare average tax
Europe
Country 
Net pay
Average tax
Rank
Switzerland
CAD 37,775
11.3%
1
Russia
CAD 37,052
13.0%
2
Ireland
CAD 36,552
14.2%
3
United Kingdom
CAD 35,913
15.7%
4
France
CAD 35,715
16.1%
5
Hungary
CAD 34,709
18.5%
6
Ukraine
CAD 34,283
19.5%
7
Norway
CAD 33,969
20.2%
8
Luxembourg
CAD 33,701
20.9%
9
Czech Republic
CAD 33,318
21.8%
10
Spain
CAD 33,094
22.3%
11
Austria
CAD 32,669
23.3%
12
Sweden
CAD 30,337
28.8%
13
Greece
CAD 30,042
29.5%
14
Germany
CAD 29,589
30.5%
15
Italy
CAD 29,101
31.7%
16
Poland
CAD 28,931
32.1%
17
Denmark
CAD 28,625
32.8%
18
Finland
CAD 27,729
34.9%
19
Netherlands
CAD 26,800
37.1%
20
Portugal
CAD 26,621
37.5%
21
Romania
CAD 24,914
41.5%
22
Belgium
CAD 23,576
44.6%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 34,825
18.2%
1
Canada
CAD 31,473
26.1%
2
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 33,012
22.5%
1
Angola
CAD 31,224
26.7%
2
Mozambique
CAD 30,763
27.8%
3
Kenya
CAD 30,517
28.3%
4
Ghana
CAD 29,561
30.6%
5
Ivory Coast
CAD 29,342
31.1%
6
Nigeria
CAD 29,141
31.6%
7
Morocco
CAD 28,956
32.0%
8
Uganda
CAD 28,092
34.0%
9
Cameroon
CAD 27,646
35.1%
10
Senegal
CAD 27,146
36.3%
11
Zambia
CAD 26,598
37.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 40,459
5.0%
1
Qatar
CAD 40,459
5.0%
2
Bahrain
CAD 39,181
8.0%
3
Oman
CAD 39,181
8.0%
4
Saudi Arabia
CAD 38,329
10.0%
5
Kuwait
CAD 37,903
11.0%
6
Israel
CAD 35,444
16.8%
7
Egypt
CAD 32,326
24.1%
8
Lebanon
CAD 32,205
24.4%
9
Turkey
CAD 25,071
41.1%
10
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NOTE* Withholding is calculated based on the Ontario tables of Canada, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.