Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$14,932
Federal tax deduction
- $1,914
Provincial tax deduction
- $1,320
CPP deduction
- $652
EI deduction
- $236
Total tax
- $4,121
Net pay
* $10,811
Marginal tax rate
29.9%
Average tax rate
27.6%
72.4%
Net pay
27.6%
Total tax
Total tax
Net pay
The Taxberg
$10,811
Net pay
$982
Tax the employer pays
$4,121
Tax you pay
Total tax paid
$5,103
Did you know your employer also pays tax on your salary? It costs the employer $982 to pay you $14,932. In other words, every time you spend $10 of your hard-earned money, $3.42 goes to the government.
Real tax rate
32.1%
So, with you and the employer both paying tax, what used to be a 27.6% tax rate now rises to 32.1%, meaning your real tax rate is actually 4.5% higher than what it seemed at first.
Summary
If you make $14,932 a year living in the region of New Brunswick, Canada, you will be taxed $4,121. That means that your net pay will be $10,811 per year, or $901 per month. Your average tax rate is 27.6% and your marginal tax rate is 29.9%. 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 $29.90, hence, your net pay will only increase by $70.10.
Bonus Example
A $1,000 bonus will generate an extra $701 of net incomes. A $5,000 bonus will generate an extra $3,505 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 12,387
17.0%
1
British Columbia
CAD 11,911
20.2%
2
Nunavut
CAD 11,569
22.5%
3
Ontario
CAD 11,422
23.5%
4
Yukon
CAD 11,314
24.2%
5
Northwest Territories
CAD 11,302
24.3%
6
Newfoundland and Labrador
CAD 10,909
26.9%
7
Nova Scotia
CAD 10,896
27.0%
8
New Brunswick
CAD 10,811
27.6%
9
Prince Edward Island
CAD 10,754
28.0%
10
Alberta
CAD 10,726
28.2%
11
Saskatchewan
CAD 10,656
28.6%
12
Manitoba
CAD 10,614
28.9%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 14,932
0.0%
1
Ireland
CAD 14,932
0.0%
2
Spain
CAD 13,984
6.4%
3
Switzerland
CAD 13,879
7.1%
4
Italy
CAD 13,876
7.1%
5
Norway
CAD 13,582
9.0%
6
France
CAD 13,484
9.7%
7
Luxembourg
CAD 13,217
11.5%
8
Russia
CAD 12,991
13.0%
9
Czech Republic
CAD 12,853
13.9%
10
Austria
CAD 12,696
15.0%
11
Hungary
CAD 12,170
18.5%
12
Ukraine
CAD 12,020
19.5%
13
Germany
CAD 11,994
19.7%
14
Greece
CAD 11,669
21.9%
15
Sweden
CAD 11,652
22.0%
16
Poland
CAD 11,271
24.5%
17
Portugal
CAD 10,751
28.0%
18
Finland
CAD 10,340
30.8%
19
Belgium
CAD 10,154
32.0%
20
Denmark
CAD 9,962
33.3%
21
Netherlands
CAD 9,397
37.1%
22
Romania
CAD 8,735
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 13,486
9.7%
1
Canada
CAD 11,422
23.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 14,932
0.0%
1
Hong Kong
CAD 14,905
0.2%
2
Thailand
CAD 14,017
6.1%
3
Taiwan
CAD 13,610
8.9%
4
Pakistan
CAD 13,511
9.5%
5
South Korea
CAD 13,136
12.0%
6
Malaysia
CAD 13,103
12.3%
7
New Zealand
CAD 12,925
13.4%
8
Indonesia
CAD 12,833
14.1%
9
Philippines
CAD 12,602
15.6%
10
Japan
CAD 12,134
18.7%
11
Singapore
CAD 11,948
20.0%
12
Kazakhstan
CAD 11,826
20.8%
13
Vietnam
CAD 11,782
21.1%
14
India
CAD 11,540
22.7%
15
China
CAD 10,623
28.9%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 13,752
7.9%
1
Colombia
CAD 13,737
8.0%
2
Ecuador
CAD 13,521
9.5%
3
Guatemala
CAD 13,500
9.6%
4
Costa Rica
CAD 13,364
10.5%
5
Panama
CAD 13,289
11.0%
6
Mexico
CAD 12,537
16.0%
7
Chile
CAD 12,304
17.6%
8
Brazil
CAD 12,170
18.5%
9
Uruguay
CAD 11,931
20.1%
10
Peru
CAD 11,747
21.3%
11
Argentina
CAD 9,696
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 13,364
10.5%
1
Morocco
CAD 11,750
21.3%
2
Mozambique
CAD 11,519
22.9%
3
Ivory Coast
CAD 11,273
24.5%
4
Kenya
CAD 11,158
25.3%
5
Angola
CAD 11,100
25.7%
6
Cameroon
CAD 10,949
26.7%
7
Ghana
CAD 10,949
26.7%
8
Nigeria
CAD 10,330
30.8%
9
Uganda
CAD 10,115
32.3%
10
Senegal
CAD 10,073
32.5%
11
Zambia
CAD 9,597
35.7%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 14,185
5.0%
1
Qatar
CAD 14,185
5.0%
2
Bahrain
CAD 13,737
8.0%
3
Oman
CAD 13,737
8.0%
4
Saudi Arabia
CAD 13,439
10.0%
5
Kuwait
CAD 13,289
11.0%
6
Israel
CAD 12,968
13.2%
7
Egypt
CAD 11,584
22.4%
8
Lebanon
CAD 11,463
23.2%
9
Turkey
CAD 8,578
42.6%
10
Show more
NOTE* Withholding is calculated based on the New Brunswick 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.