Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$20,938
Federal tax deduction
- $2,749
Provincial tax deduction
- $2,118
CPP deduction
- $994
EI deduction
- $331
Total tax
- $6,192
Net pay
* $14,746
Marginal tax rate
31.2%
Average tax rate
29.6%
70.4%
Net pay
29.6%
Total tax
Total tax
Net pay
The Taxberg
$14,746
Net pay
$1,457
Tax the employer pays
$6,192
Tax you pay
Total tax paid
$7,649
Did you know your employer also pays tax on your salary? It costs the employer $1,457 to pay you $20,938. In other words, every time you spend $10 of your hard-earned money, $3.65 goes to the government.
Real tax rate
34.2%
So, with you and the employer both paying tax, what used to be a 29.6% tax rate now rises to 34.2%, meaning your real tax rate is actually 4.6% higher than what it seemed at first.
Summary
If you make $20,938 a year living in the region of Manitoba, Canada, you will be taxed $6,192. That means that your net pay will be $14,746 per year, or $1,229 per month. Your average tax rate is 29.6% 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 20,938
0.0%
1
Ireland
CAD 20,786
0.7%
2
Spain
CAD 19,533
6.7%
3
Switzerland
CAD 19,469
7.0%
4
France
CAD 18,503
11.6%
5
Norway
CAD 18,394
12.2%
6
Russia
CAD 18,216
13.0%
7
Luxembourg
CAD 18,100
13.6%
8
Austria
CAD 17,790
15.0%
9
Italy
CAD 17,532
16.3%
10
Czech Republic
CAD 17,297
17.4%
11
Hungary
CAD 17,064
18.5%
12
Ukraine
CAD 16,855
19.5%
13
Germany
CAD 16,808
19.7%
14
Greece
CAD 15,954
23.8%
15
Sweden
CAD 15,829
24.4%
16
Poland
CAD 15,106
27.9%
17
Portugal
CAD 14,440
31.0%
18
Finland
CAD 14,258
31.9%
19
Belgium
CAD 14,184
32.3%
20
Denmark
CAD 14,002
33.1%
21
Netherlands
CAD 13,176
37.1%
22
Romania
CAD 12,249
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 18,476
11.8%
1
Canada
CAD 15,818
24.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 20,024
4.4%
1
Hong Kong
CAD 19,891
5.0%
2
Thailand
CAD 19,351
7.6%
3
Taiwan
CAD 19,086
8.8%
4
South Korea
CAD 18,253
12.8%
5
Pakistan
CAD 18,172
13.2%
6
Malaysia
CAD 17,801
15.0%
7
New Zealand
CAD 17,796
15.0%
8
Indonesia
CAD 17,740
15.3%
9
Philippines
CAD 17,009
18.8%
10
Japan
CAD 16,967
19.0%
11
Singapore
CAD 16,753
20.0%
12
Kazakhstan
CAD 16,610
20.7%
13
Vietnam
CAD 16,082
23.2%
14
India
CAD 15,119
27.8%
15
China
CAD 14,813
29.3%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 19,054
9.0%
1
Guatemala
CAD 18,930
9.6%
2
Ecuador
CAD 18,801
10.2%
3
Costa Rica
CAD 18,740
10.5%
4
Colombia
CAD 18,704
10.7%
5
Panama
CAD 18,140
13.4%
6
Chile
CAD 17,106
18.3%
7
Mexico
CAD 17,094
18.4%
8
Uruguay
CAD 16,505
21.2%
9
Peru
CAD 16,267
22.3%
10
Brazil
CAD 15,971
23.7%
11
Argentina
CAD 13,600
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 17,997
14.1%
1
Mozambique
CAD 15,844
24.3%
2
Morocco
CAD 15,625
25.4%
3
Angola
CAD 15,474
26.1%
4
Kenya
CAD 15,362
26.6%
5
Ivory Coast
CAD 15,290
27.0%
6
Ghana
CAD 15,206
27.4%
7
Cameroon
CAD 14,485
30.8%
8
Nigeria
CAD 14,415
31.2%
9
Uganda
CAD 14,019
33.0%
10
Senegal
CAD 13,907
33.6%
11
Zambia
CAD 13,284
36.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 19,891
5.0%
1
Qatar
CAD 19,891
5.0%
2
Bahrain
CAD 19,263
8.0%
3
Oman
CAD 19,263
8.0%
4
Saudi Arabia
CAD 18,844
10.0%
5
Kuwait
CAD 18,635
11.0%
6
Israel
CAD 18,185
13.2%
7
Egypt
CAD 16,088
23.2%
8
Lebanon
CAD 15,967
23.7%
9
Turkey
CAD 11,722
44.0%
10
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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.