Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$21,242
Federal tax deduction
- $2,791
Provincial tax deduction
- $2,149
CPP deduction
- $1,011
EI deduction
- $336
Total tax
- $6,287
Net pay
* $14,955
Marginal tax rate
31.2%
Average tax rate
29.6%
70.4%
Net pay
29.6%
Total tax
Total tax
Net pay
The Taxberg
$14,955
Net pay
$1,481
Tax the employer pays
$6,287
Tax you pay
Total tax paid
$7,768
Did you know your employer also pays tax on your salary? It costs the employer $1,481 to pay you $21,242. In other words, every time you spend $10 of your hard-earned money, $3.66 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 $21,242 a year living in the region of Manitoba, Canada, you will be taxed $6,287. That means that your net pay will be $14,955 per year, or $1,246 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 $31.21, hence, your net pay will only increase by $68.79.
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.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 16,890
20.5%
1
British Columbia
CAD 16,560
22.0%
2
Nunavut
CAD 16,308
23.2%
3
Ontario
CAD 16,025
24.6%
4
Northwest Territories
CAD 15,930
25.0%
5
Yukon
CAD 15,913
25.1%
6
Newfoundland and Labrador
CAD 15,373
27.6%
7
Nova Scotia
CAD 15,355
27.7%
8
New Brunswick
CAD 15,234
28.3%
9
Prince Edward Island
CAD 15,154
28.7%
10
Alberta
CAD 15,114
28.8%
11
Saskatchewan
CAD 15,015
29.3%
12
Manitoba
CAD 14,955
29.6%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 21,242
0.0%
1
Ireland
CAD 21,084
0.7%
2
Switzerland
CAD 19,747
7.0%
3
Spain
CAD 19,684
7.3%
4
France
CAD 18,747
11.7%
5
Norway
CAD 18,638
12.3%
6
Russia
CAD 18,481
13.0%
7
Luxembourg
CAD 18,337
13.7%
8
Austria
CAD 18,026
15.1%
9
Italy
CAD 17,717
16.6%
10
Czech Republic
CAD 17,522
17.5%
11
Hungary
CAD 17,312
18.5%
12
Ukraine
CAD 17,100
19.5%
13
Germany
CAD 17,034
19.8%
14
Greece
CAD 16,158
23.9%
15
Sweden
CAD 16,032
24.5%
16
Poland
CAD 15,300
28.0%
17
Portugal
CAD 14,624
31.2%
18
Finland
CAD 14,468
31.9%
19
Belgium
CAD 14,345
32.5%
20
Denmark
CAD 14,207
33.1%
21
Netherlands
CAD 13,367
37.1%
22
Romania
CAD 12,427
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 18,712
11.9%
1
Canada
CAD 16,025
24.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 20,260
4.6%
1
Hong Kong
CAD 20,180
5.0%
2
Thailand
CAD 19,615
7.7%
3
Taiwan
CAD 19,363
8.8%
4
South Korea
CAD 18,509
12.9%
5
Pakistan
CAD 18,400
13.4%
6
New Zealand
CAD 18,043
15.1%
7
Malaysia
CAD 18,033
15.1%
8
Indonesia
CAD 17,980
15.4%
9
Philippines
CAD 17,228
18.9%
10
Japan
CAD 17,207
19.0%
11
Singapore
CAD 16,990
20.0%
12
Kazakhstan
CAD 16,854
20.7%
13
Vietnam
CAD 16,300
23.3%
14
India
CAD 15,291
28.0%
15
China
CAD 15,025
29.3%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 19,314
9.1%
1
Guatemala
CAD 19,205
9.6%
2
Ecuador
CAD 19,061
10.3%
3
Costa Rica
CAD 19,012
10.5%
4
Colombia
CAD 18,938
10.9%
5
Panama
CAD 18,370
13.5%
6
Chile
CAD 17,346
18.3%
7
Mexico
CAD 17,324
18.4%
8
Uruguay
CAD 16,724
21.3%
9
Peru
CAD 16,496
22.3%
10
Brazil
CAD 16,183
23.8%
11
Argentina
CAD 13,798
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 18,222
14.2%
1
Mozambique
CAD 16,062
24.4%
2
Morocco
CAD 15,821
25.5%
3
Angola
CAD 15,695
26.1%
4
Kenya
CAD 15,575
26.7%
5
Ivory Coast
CAD 15,490
27.1%
6
Ghana
CAD 15,418
27.4%
7
Cameroon
CAD 14,668
31.0%
8
Nigeria
CAD 14,622
31.2%
9
Uganda
CAD 14,217
33.1%
10
Senegal
CAD 14,099
33.6%
11
Zambia
CAD 13,471
36.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 20,180
5.0%
1
Qatar
CAD 20,180
5.0%
2
Bahrain
CAD 19,543
8.0%
3
Oman
CAD 19,543
8.0%
4
Saudi Arabia
CAD 19,118
10.0%
5
Kuwait
CAD 18,905
11.0%
6
Israel
CAD 18,449
13.2%
7
Egypt
CAD 16,316
23.2%
8
Lebanon
CAD 16,195
23.8%
9
Turkey
CAD 11,914
43.9%
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.