Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$8,996
Federal tax deduction
- $1,088
CPP deduction
- $313
EI deduction
- $142
Total tax
- $1,543
Net pay
* $7,453
Marginal tax rate
21.2%
Average tax rate
17.2%
82.8%
Net pay
17.2%
Total tax
Total tax
Net pay
The Taxberg
$7,453
Net pay
$512
Tax the employer pays
$1,543
Tax you pay
Total tax paid
$2,056
Did you know your employer also pays tax on your salary? It costs the employer $512 to pay you $8,996. In other words, every time you spend $10 of your hard-earned money, $2.29 goes to the government.
Real tax rate
21.6%
So, with you and the employer both paying tax, what used to be a 17.2% tax rate now rises to 21.6%, meaning your real tax rate is actually 4.4% higher than what it seemed at first.
Summary
If you make $8,996 a year living in the region of British Columbia, Canada, you will be taxed $1,543. That means that your net pay will be $7,453 per year, or $621 per month. Your average tax rate is 17.2% and your marginal tax rate is 21.2%. 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 $21.19, hence, your net pay will only increase by $78.81.
Bonus Example
A $1,000 bonus will generate an extra $788 of net incomes. A $5,000 bonus will generate an extra $3,941 of net incomes.
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 8,996
0.0%
1
Ireland
CAD 8,996
0.0%
2
Austria
CAD 8,896
1.1%
3
Norway
CAD 8,788
2.3%
4
Spain
CAD 8,425
6.4%
5
Switzerland
CAD 8,346
7.2%
6
Italy
CAD 8,169
9.2%
7
France
CAD 8,123
9.7%
8
Czech Republic
CAD 8,006
11.0%
9
Luxembourg
CAD 8,002
11.1%
10
Russia
CAD 7,827
13.0%
11
Hungary
CAD 7,332
18.5%
12
Ukraine
CAD 7,242
19.5%
13
Germany
CAD 7,226
19.7%
14
Sweden
CAD 7,190
20.1%
15
Poland
CAD 7,064
21.5%
16
Greece
CAD 7,030
21.9%
17
Portugal
CAD 6,694
25.6%
18
Finland
CAD 6,230
30.8%
19
Belgium
CAD 6,117
32.0%
20
Denmark
CAD 5,968
33.7%
21
Netherlands
CAD 5,661
37.1%
22
Romania
CAD 5,263
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 8,219
8.6%
1
Canada
CAD 7,104
21.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 8,996
0.0%
1
Hong Kong
CAD 8,996
0.0%
2
Pakistan
CAD 8,534
5.1%
3
Thailand
CAD 8,504
5.5%
4
Taiwan
CAD 8,200
8.9%
5
Philippines
CAD 8,133
9.6%
6
South Korea
CAD 7,955
11.6%
7
Indonesia
CAD 7,938
11.8%
8
Malaysia
CAD 7,938
11.8%
9
New Zealand
CAD 7,926
11.9%
10
India
CAD 7,551
16.1%
11
Singapore
CAD 7,354
18.3%
12
Vietnam
CAD 7,339
18.4%
13
Japan
CAD 7,310
18.7%
14
Kazakhstan
CAD 7,125
20.8%
15
China
CAD 6,722
25.3%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 8,281
8.0%
1
Colombia
CAD 8,276
8.0%
2
Ecuador
CAD 8,146
9.5%
3
Guatemala
CAD 8,133
9.6%
4
Costa Rica
CAD 8,051
10.5%
5
Panama
CAD 8,006
11.0%
6
Brazil
CAD 7,969
11.4%
7
Mexico
CAD 7,963
11.5%
8
Peru
CAD 7,872
12.5%
9
Chile
CAD 7,413
17.6%
10
Uruguay
CAD 7,188
20.1%
11
Argentina
CAD 5,838
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 8,556
4.9%
1
Morocco
CAD 7,818
13.1%
2
Cameroon
CAD 7,180
20.2%
3
Ivory Coast
CAD 7,170
20.3%
4
Mozambique
CAD 7,145
20.6%
5
Kenya
CAD 7,036
21.8%
6
Angola
CAD 6,753
24.9%
7
Ghana
CAD 6,742
25.1%
8
Nigeria
CAD 6,292
30.1%
9
Uganda
CAD 6,257
30.5%
10
Senegal
CAD 6,246
30.6%
11
Zambia
CAD 6,242
30.6%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 8,546
5.0%
1
Qatar
CAD 8,546
5.0%
2
Bahrain
CAD 8,276
8.0%
3
Oman
CAD 8,276
8.0%
4
Saudi Arabia
CAD 8,096
10.0%
5
Kuwait
CAD 8,006
11.0%
6
Israel
CAD 7,813
13.2%
7
Egypt
CAD 7,064
21.5%
8
Lebanon
CAD 7,011
22.1%
9
Turkey
CAD 5,503
38.8%
10
Show more
NOTE* Withholding is calculated based on the British Columbia 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.