Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$29,290
Federal tax deduction
- $3,911
Provincial tax deduction
- $2,955
CPP deduction
- $1,470
EI deduction
- $463
Total tax
- $8,798
Net pay
* $20,492
Marginal tax rate
31.2%
Average tax rate
30.0%
70.0%
Net pay
30.0%
Total tax
Total tax
Net pay
The Taxberg
$20,492
Net pay
$2,118
Tax the employer pays
$8,798
Tax you pay
Total tax paid
$10,916
Did you know your employer also pays tax on your salary? It costs the employer $2,118 to pay you $29,290. In other words, every time you spend $10 of your hard-earned money, $3.73 goes to the government.
Real tax rate
34.8%
So, with you and the employer both paying tax, what used to be a 30% tax rate now rises to 34.8%, meaning your real tax rate is actually 4.8% higher than what it seemed at first.
Summary
If you make $29,290 a year living in the region of Manitoba, Canada, you will be taxed $8,798. That means that your net pay will be $20,492 per year, or $1,708 per month. Your average tax rate is 30.0% 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.
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 22,352
23.7%
1
British Columbia
CAD 22,289
23.9%
2
Quebec
CAD 22,174
24.3%
3
Northwest Territories
CAD 21,833
25.5%
4
Yukon
CAD 21,778
25.6%
5
Ontario
CAD 21,765
25.7%
6
Newfoundland and Labrador
CAD 21,067
28.1%
7
Nova Scotia
CAD 21,021
28.2%
8
New Brunswick
CAD 20,875
28.7%
9
Prince Edward Island
CAD 20,766
29.1%
10
Alberta
CAD 20,711
29.3%
11
Saskatchewan
CAD 20,574
29.8%
12
Manitoba
CAD 20,492
30.0%
13
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 24,906
15.0%
1
Canada
CAD 21,765
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 27,743
5.3%
1
Thailand
CAD 26,466
9.6%
2
Taiwan
CAD 26,463
9.7%
3
Australia
CAD 26,298
10.2%
4
South Korea
CAD 24,939
14.9%
5
New Zealand
CAD 24,571
16.1%
6
Pakistan
CAD 24,405
16.7%
7
Indonesia
CAD 24,040
17.9%
8
Malaysia
CAD 23,869
18.5%
9
Japan
CAD 23,422
20.0%
10
Kazakhstan
CAD 23,360
20.3%
11
Singapore
CAD 23,267
20.6%
12
Philippines
CAD 22,788
22.2%
13
Vietnam
CAD 21,809
25.5%
14
China
CAD 20,638
29.5%
15
India
CAD 19,863
32.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 26,482
9.6%
1
Costa Rica
CAD 26,196
10.6%
2
Puerto Rico
CAD 26,183
10.6%
3
Ecuador
CAD 25,631
12.5%
4
Colombia
CAD 25,075
14.4%
5
Panama
CAD 24,458
16.5%
6
Chile
CAD 23,712
19.0%
7
Mexico
CAD 23,275
20.5%
8
Peru
CAD 22,552
23.0%
9
Brazil
CAD 22,018
24.8%
10
Uruguay
CAD 21,548
26.4%
11
Argentina
CAD 19,029
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 24,067
17.8%
1
Mozambique
CAD 21,857
25.4%
2
Angola
CAD 21,550
26.4%
3
Kenya
CAD 21,209
27.6%
4
Morocco
CAD 20,897
28.7%
5
Ivory Coast
CAD 20,788
29.0%
6
Ghana
CAD 20,765
29.1%
7
Nigeria
CAD 20,096
31.4%
8
Cameroon
CAD 19,550
33.3%
9
Uganda
CAD 19,448
33.6%
10
Senegal
CAD 19,122
34.7%
11
Zambia
CAD 18,420
37.1%
12
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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.