Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$20,048
Federal tax deduction
- $2,625
Provincial tax deduction
- $1,879
CPP deduction
- $943
EI deduction
- $317
Total tax
- $5,764
Net pay
* $14,284
Marginal tax rate
30.5%
Average tax rate
28.8%
71.2%
Net pay
28.8%
Total tax
Total tax
Net pay
The Taxberg
$14,284
Net pay
$1,387
Tax the employer pays
$5,764
Tax you pay
Total tax paid
$7,151
Did you know your employer also pays tax on your salary? It costs the employer $1,387 to pay you $20,048. In other words, every time you spend $10 of your hard-earned money, $3.57 goes to the government.
Real tax rate
33.4%
So, with you and the employer both paying tax, what used to be a 28.8% tax rate now rises to 33.4%, meaning your real tax rate is actually 4.6% higher than what it seemed at first.
Summary
If you make $20,048 a year living in the region of Alberta, Canada, you will be taxed $5,764. That means that your net pay will be $14,284 per year, or $1,190 per month. Your average tax rate is 28.8% 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 16,105
19.7%
1
British Columbia
CAD 15,702
21.7%
2
Nunavut
CAD 15,411
23.1%
3
Ontario
CAD 15,211
24.1%
4
Northwest Territories
CAD 15,054
24.9%
5
Yukon
CAD 15,043
25.0%
6
Newfoundland and Labrador
CAD 14,528
27.5%
7
Nova Scotia
CAD 14,511
27.6%
8
New Brunswick
CAD 14,397
28.2%
9
Prince Edward Island
CAD 14,322
28.6%
10
Alberta
CAD 14,284
28.8%
11
Saskatchewan
CAD 14,190
29.2%
12
Manitoba
CAD 14,134
29.5%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 20,048
0.0%
1
Ireland
CAD 19,972
0.4%
2
Spain
CAD 18,775
6.4%
3
Switzerland
CAD 18,647
7.0%
4
France
CAD 17,788
11.3%
5
Norway
CAD 17,681
11.8%
6
Russia
CAD 17,442
13.0%
7
Luxembourg
CAD 17,406
13.2%
8
Austria
CAD 17,045
15.0%
9
Italy
CAD 16,991
15.3%
10
Czech Republic
CAD 16,639
17.0%
11
Hungary
CAD 16,339
18.5%
12
Ukraine
CAD 16,139
19.5%
13
Germany
CAD 16,104
19.7%
14
Greece
CAD 15,358
23.4%
15
Sweden
CAD 15,232
24.0%
16
Poland
CAD 14,538
27.5%
17
Portugal
CAD 13,901
30.7%
18
Finland
CAD 13,759
31.4%
19
Belgium
CAD 13,618
32.1%
20
Denmark
CAD 13,404
33.1%
21
Netherlands
CAD 12,615
37.1%
22
Romania
CAD 11,728
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 17,783
11.3%
1
Canada
CAD 15,211
24.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 19,335
3.6%
1
Hong Kong
CAD 19,046
5.0%
2
Thailand
CAD 18,579
7.3%
3
Taiwan
CAD 18,274
8.9%
4
Pakistan
CAD 17,505
12.7%
5
South Korea
CAD 17,503
12.7%
6
Malaysia
CAD 17,123
14.6%
7
New Zealand
CAD 17,074
14.8%
8
Indonesia
CAD 17,040
15.0%
9
Philippines
CAD 16,367
18.4%
10
Japan
CAD 16,262
18.9%
11
Singapore
CAD 16,046
20.0%
12
Kazakhstan
CAD 15,896
20.7%
13
Vietnam
CAD 15,445
23.0%
14
India
CAD 14,613
27.1%
15
China
CAD 14,192
29.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 18,295
8.7%
1
Guatemala
CAD 18,126
9.6%
2
Ecuador
CAD 18,035
10.0%
3
Colombia
CAD 18,019
10.1%
4
Costa Rica
CAD 17,943
10.5%
5
Panama
CAD 17,467
12.9%
6
Mexico
CAD 16,419
18.1%
7
Chile
CAD 16,401
18.2%
8
Uruguay
CAD 15,865
20.9%
9
Peru
CAD 15,597
22.2%
10
Brazil
CAD 15,376
23.3%
11
Argentina
CAD 13,022
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 17,338
13.5%
1
Mozambique
CAD 15,203
24.2%
2
Morocco
CAD 15,050
24.9%
3
Angola
CAD 14,826
26.1%
4
Kenya
CAD 14,739
26.5%
5
Ivory Coast
CAD 14,704
26.7%
6
Ghana
CAD 14,575
27.3%
7
Cameroon
CAD 13,949
30.4%
8
Nigeria
CAD 13,810
31.1%
9
Uganda
CAD 13,441
33.0%
10
Senegal
CAD 13,347
33.4%
11
Zambia
CAD 12,736
36.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 19,046
5.0%
1
Qatar
CAD 19,046
5.0%
2
Bahrain
CAD 18,444
8.0%
3
Oman
CAD 18,444
8.0%
4
Saudi Arabia
CAD 18,043
10.0%
5
Kuwait
CAD 17,843
11.0%
6
Israel
CAD 17,412
13.2%
7
Egypt
CAD 15,421
23.1%
8
Lebanon
CAD 15,300
23.7%
9
Turkey
CAD 11,159
44.3%
10
Show more
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.