Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$20,020
Federal tax deduction
- $2,621
Provincial tax deduction
- $2,026
CPP deduction
- $942
EI deduction
- $316
Total tax
- $5,906
Net pay
* $14,114
Marginal tax rate
31.2%
Average tax rate
29.5%
70.5%
Net pay
29.5%
Total tax
Total tax
Net pay
The Taxberg
$14,114
Net pay
$1,384
Tax the employer pays
$5,906
Tax you pay
Total tax paid
$7,290
Did you know your employer also pays tax on your salary? It costs the employer $1,384 to pay you $20,020. In other words, every time you spend $10 of your hard-earned money, $3.64 goes to the government.
Real tax rate
34.1%
So, with you and the employer both paying tax, what used to be a 29.5% tax rate now rises to 34.1%, meaning your real tax rate is actually 4.6% higher than what it seemed at first.
Summary
If you make $20,020 a year living in the region of Manitoba, Canada, you will be taxed $5,906. That means that your net pay will be $14,114 per year, or $1,176 per month. Your average tax rate is 29.5% and your marginal tax rate is 31.2%. 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 $31.20, hence, your net pay will only increase by $68.80.
Bonus Example
A $1,000 bonus will generate an extra $688 of net incomes. A $5,000 bonus will generate an extra $3,440 of net incomes.
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 20,020
0.0%
1
Ireland
CAD 19,947
0.4%
2
Spain
CAD 18,749
6.4%
3
Switzerland
CAD 18,621
7.0%
4
France
CAD 17,765
11.3%
5
Norway
CAD 17,659
11.8%
6
Russia
CAD 17,417
13.0%
7
Luxembourg
CAD 17,384
13.2%
8
Austria
CAD 17,022
15.0%
9
Italy
CAD 16,974
15.2%
10
Czech Republic
CAD 16,618
17.0%
11
Hungary
CAD 16,316
18.5%
12
Ukraine
CAD 16,116
19.5%
13
Germany
CAD 16,081
19.7%
14
Greece
CAD 15,339
23.4%
15
Sweden
CAD 15,213
24.0%
16
Poland
CAD 14,520
27.5%
17
Portugal
CAD 13,885
30.7%
18
Finland
CAD 13,744
31.4%
19
Belgium
CAD 13,599
32.1%
20
Denmark
CAD 13,385
33.1%
21
Netherlands
CAD 12,598
37.1%
22
Romania
CAD 11,712
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 17,761
11.3%
1
Canada
CAD 15,192
24.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 19,313
3.5%
1
Hong Kong
CAD 19,019
5.0%
2
Thailand
CAD 18,555
7.3%
3
Taiwan
CAD 18,249
8.9%
4
Pakistan
CAD 17,484
12.7%
5
South Korea
CAD 17,480
12.7%
6
Malaysia
CAD 17,101
14.6%
7
New Zealand
CAD 17,052
14.8%
8
Indonesia
CAD 17,018
15.0%
9
Philippines
CAD 16,347
18.4%
10
Japan
CAD 16,240
18.9%
11
Singapore
CAD 16,024
20.0%
12
Kazakhstan
CAD 15,873
20.7%
13
Vietnam
CAD 15,425
23.0%
14
India
CAD 14,597
27.1%
15
China
CAD 14,172
29.2%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 18,271
8.7%
1
Guatemala
CAD 18,100
9.6%
2
Ecuador
CAD 18,011
10.0%
3
Colombia
CAD 17,995
10.1%
4
Costa Rica
CAD 17,918
10.5%
5
Panama
CAD 17,446
12.9%
6
Mexico
CAD 16,397
18.1%
7
Chile
CAD 16,379
18.2%
8
Uruguay
CAD 15,845
20.9%
9
Peru
CAD 15,576
22.2%
10
Brazil
CAD 15,359
23.3%
11
Argentina
CAD 13,003
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 17,317
13.5%
1
Mozambique
CAD 15,183
24.2%
2
Morocco
CAD 15,032
24.9%
3
Angola
CAD 14,806
26.0%
4
Kenya
CAD 14,720
26.5%
5
Ivory Coast
CAD 14,686
26.6%
6
Ghana
CAD 14,555
27.3%
7
Cameroon
CAD 13,933
30.4%
8
Nigeria
CAD 13,791
31.1%
9
Uganda
CAD 13,423
33.0%
10
Senegal
CAD 13,329
33.4%
11
Zambia
CAD 12,719
36.5%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 19,019
5.0%
1
Qatar
CAD 19,019
5.0%
2
Bahrain
CAD 18,418
8.0%
3
Oman
CAD 18,418
8.0%
4
Saudi Arabia
CAD 18,018
10.0%
5
Kuwait
CAD 17,818
11.0%
6
Israel
CAD 17,387
13.2%
7
Egypt
CAD 15,400
23.1%
8
Lebanon
CAD 15,279
23.7%
9
Turkey
CAD 11,141
44.4%
10
Show more
NOTE* Withholding is calculated based on the Manitoba 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.