Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$38,628
Federal tax deduction
- $5,209
Provincial tax deduction
- $2,228
CPP deduction
- $2,002
EI deduction
- $610
Total tax
- $10,049
Net pay
* $28,579
Marginal tax rate
28.9%
Average tax rate
26.0%
74.0%
Net pay
26.0%
Total tax
Total tax
Net pay
The Taxberg
$28,579
Net pay
$2,857
Tax the employer pays
$10,049
Tax you pay
Total tax paid
$12,906
Did you know your employer also pays tax on your salary? It costs the employer $2,857 to pay you $38,628. In other words, every time you spend $10 of your hard-earned money, $3.34 goes to the government.
Real tax rate
31.1%
So, with you and the employer both paying tax, what used to be a 26% tax rate now rises to 31.1%, meaning your real tax rate is actually 5.1% higher than what it seemed at first.
Summary
If you make $38,628 a year living in the region of Ontario, Canada, you will be taxed $10,049. That means that your net pay will be $28,579 per year, or $2,382 per month. Your average tax rate is 26.0% and your marginal tax rate is 28.9%. 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 $28.87, hence, your net pay will only increase by $71.13.
Bonus Example
A $1,000 bonus will generate an extra $711 of net incomes. A $5,000 bonus will generate an extra $3,557 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 29,366
24.0%
1
British Columbia
CAD 28,990
25.0%
2
Northwest Territories
CAD 28,681
25.8%
3
Ontario
CAD 28,579
26.0%
4
Yukon
CAD 28,584
26.0%
5
Quebec
CAD 28,301
26.7%
6
Newfoundland and Labrador
CAD 27,637
28.5%
7
New Brunswick
CAD 27,421
29.0%
8
Alberta
CAD 27,205
29.6%
9
Nova Scotia
CAD 27,084
29.9%
10
Saskatchewan
CAD 27,025
30.0%
11
Prince Edward Island
CAD 27,011
30.1%
12
Manitoba
CAD 26,834
30.5%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 31,895
17.4%
1
Canada
CAD 28,579
26.0%
2
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.