Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$15,964
Federal tax deduction
- $2,057
Provincial tax deduction
- $1,500
CPP deduction
- $710
EI deduction
- $252
Total tax
- $4,520
Net pay
* $11,444
Marginal tax rate
30.5%
Average tax rate
28.3%
71.7%
Net pay
28.3%
Total tax
Total tax
Net pay
The Taxberg
$11,444
Net pay
$1,064
Tax the employer pays
$4,520
Tax you pay
Total tax paid
$5,584
Did you know your employer also pays tax on your salary? It costs the employer $1,064 to pay you $15,964. In other words, every time you spend $10 of your hard-earned money, $3.50 goes to the government.
Real tax rate
32.8%
So, with you and the employer both paying tax, what used to be a 28.3% tax rate now rises to 32.8%, meaning your real tax rate is actually 4.5% higher than what it seemed at first.
Summary
If you make $15,964 a year living in the region of Alberta, Canada, you will be taxed $4,520. That means that your net pay will be $11,444 per year, or $954 per month. Your average tax rate is 28.3% and your marginal tax rate is 30.5%. 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 $30.46, hence, your net pay will only increase by $69.54.
Bonus Example
A $1,000 bonus will generate an extra $695 of net incomes. A $5,000 bonus will generate an extra $3,477 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 13,219
17.2%
1
British Columbia
CAD 12,676
20.6%
2
Nunavut
CAD 12,344
22.7%
3
Ontario
CAD 12,187
23.7%
4
Yukon
CAD 12,066
24.4%
5
Northwest Territories
CAD 12,059
24.5%
6
Newfoundland and Labrador
CAD 11,639
27.1%
7
Nova Scotia
CAD 11,626
27.2%
8
New Brunswick
CAD 11,534
27.7%
9
Prince Edward Island
CAD 11,474
28.1%
10
Alberta
CAD 11,444
28.3%
11
Saskatchewan
CAD 11,369
28.8%
12
Manitoba
CAD 11,324
29.1%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 14,392
9.9%
1
Canada
CAD 12,187
23.7%
2
NOTE* Withholding is calculated based on the Alberta 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.