Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$24,348
Federal tax deduction
- $3,223
Provincial tax deduction
- $2,460
CPP deduction
- $1,188
EI deduction
- $385
Total tax
- $7,256
Net pay
* $17,092
Marginal tax rate
31.2%
Average tax rate
29.8%
70.2%
Net pay
29.8%
Total tax
Total tax
Net pay
The Taxberg
$17,092
Net pay
$1,727
Tax the employer pays
$7,256
Tax you pay
Total tax paid
$8,983
Did you know your employer also pays tax on your salary? It costs the employer $1,727 to pay you $24,348. In other words, every time you spend $10 of your hard-earned money, $3.69 goes to the government.
Real tax rate
34.5%
So, with you and the employer both paying tax, what used to be a 29.8% tax rate now rises to 34.5%, meaning your real tax rate is actually 4.7% higher than what it seemed at first.
Summary
If you make $24,348 a year living in the region of Manitoba, Canada, you will be taxed $7,256. That means that your net pay will be $17,092 per year, or $1,424 per month. Your average tax rate is 29.8% 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.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 18,931
22.2%
1
British Columbia
CAD 18,793
22.8%
2
Nunavut
CAD 18,641
23.4%
3
Northwest Territories
CAD 18,208
25.2%
4
Yukon
CAD 18,177
25.3%
5
Ontario
CAD 18,141
25.5%
6
Newfoundland and Labrador
CAD 17,570
27.8%
7
Nova Scotia
CAD 17,550
27.9%
8
New Brunswick
CAD 17,411
28.5%
9
Prince Edward Island
CAD 17,320
28.9%
10
Alberta
CAD 17,274
29.1%
11
Saskatchewan
CAD 17,160
29.5%
12
Manitoba
CAD 17,092
29.8%
13
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Europe
Country 
Net pay
Average tax
Rank
Ireland
CAD 24,128
0.9%
1
United Kingdom
CAD 23,738
2.5%
2
Switzerland
CAD 22,529
7.5%
3
France
CAD 21,245
12.8%
4
Spain
CAD 21,209
12.9%
5
Russia
CAD 21,183
13.0%
6
Norway
CAD 21,105
13.3%
7
Luxembourg
CAD 20,733
14.9%
8
Austria
CAD 20,577
15.5%
9
Hungary
CAD 19,844
18.5%
10
Czech Republic
CAD 19,821
18.6%
11
Ukraine
CAD 19,600
19.5%
12
Italy
CAD 19,524
19.8%
13
Germany
CAD 19,152
21.3%
14
Greece
CAD 18,238
25.1%
15
Sweden
CAD 18,114
25.6%
16
Poland
CAD 17,283
29.0%
17
Portugal
CAD 16,503
32.2%
18
Finland
CAD 16,332
32.9%
19
Denmark
CAD 16,297
33.1%
20
Belgium
CAD 15,991
34.3%
21
Netherlands
CAD 15,322
37.1%
22
Romania
CAD 14,244
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 21,119
13.3%
1
Canada
CAD 18,141
25.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 23,112
5.1%
1
Australia
CAD 22,591
7.2%
2
Thailand
CAD 22,295
8.4%
3
Taiwan
CAD 22,172
8.9%
4
South Korea
CAD 21,075
13.4%
5
Pakistan
CAD 20,730
14.9%
6
New Zealand
CAD 20,562
15.6%
7
Indonesia
CAD 20,423
16.1%
8
Malaysia
CAD 20,402
16.2%
9
Japan
CAD 19,622
19.4%
10
Singapore
CAD 19,416
20.3%
11
Philippines
CAD 19,409
20.3%
12
Kazakhstan
CAD 19,357
20.5%
13
Vietnam
CAD 18,478
24.1%
14
China
CAD 17,191
29.4%
15
India
CAD 17,056
30.0%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 22,013
9.6%
1
Puerto Rico
CAD 21,965
9.8%
2
Costa Rica
CAD 21,791
10.5%
3
Ecuador
CAD 21,639
11.1%
4
Colombia
CAD 21,321
12.4%
5
Panama
CAD 20,720
14.9%
6
Chile
CAD 19,803
18.7%
7
Mexico
CAD 19,632
19.4%
8
Peru
CAD 18,833
22.7%
9
Uruguay
CAD 18,579
23.7%
10
Brazil
CAD 18,435
24.3%
11
Argentina
CAD 15,817
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 20,520
15.7%
1
Mozambique
CAD 18,299
24.8%
2
Angola
CAD 17,955
26.3%
3
Morocco
CAD 17,823
26.8%
4
Kenya
CAD 17,749
27.1%
5
Ivory Coast
CAD 17,535
28.0%
6
Ghana
CAD 17,496
28.1%
7
Nigeria
CAD 16,735
31.3%
8
Cameroon
CAD 16,541
32.1%
9
Uganda
CAD 16,236
33.3%
10
Senegal
CAD 16,054
34.1%
11
Zambia
CAD 15,381
36.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 23,131
5.0%
1
Qatar
CAD 23,131
5.0%
2
Bahrain
CAD 22,400
8.0%
3
Oman
CAD 22,400
8.0%
4
Saudi Arabia
CAD 21,913
10.0%
5
Kuwait
CAD 21,670
11.0%
6
Israel
CAD 21,146
13.2%
7
Egypt
CAD 18,646
23.4%
8
Lebanon
CAD 18,525
23.9%
9
Turkey
CAD 13,878
43.0%
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.