Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$23,844
Federal tax deduction
- $3,153
Provincial tax deduction
- $2,097
CPP deduction
- $1,160
EI deduction
- $377
Total tax
- $6,786
Net pay
* $17,058
Marginal tax rate
29.9%
Average tax rate
28.5%
71.5%
Net pay
28.5%
Total tax
Total tax
Net pay
The Taxberg
$17,058
Net pay
$1,687
Tax the employer pays
$6,786
Tax you pay
Total tax paid
$8,473
Did you know your employer also pays tax on your salary? It costs the employer $1,687 to pay you $23,844. In other words, every time you spend $10 of your hard-earned money, $3.55 goes to the government.
Real tax rate
33.2%
So, with you and the employer both paying tax, what used to be a 28.5% tax rate now rises to 33.2%, meaning your real tax rate is actually 4.7% higher than what it seemed at first.
Summary
If you make $23,844 a year living in the region of New Brunswick, Canada, you will be taxed $6,786. That means that your net pay will be $17,058 per year, or $1,421 per month. Your average tax rate is 28.5% 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 18,600
22.0%
1
British Columbia
CAD 18,431
22.7%
2
Nunavut
CAD 18,262
23.4%
3
Northwest Territories
CAD 17,838
25.2%
4
Yukon
CAD 17,809
25.3%
5
Ontario
CAD 17,797
25.4%
6
Newfoundland and Labrador
CAD 17,214
27.8%
7
Nova Scotia
CAD 17,194
27.9%
8
New Brunswick
CAD 17,058
28.5%
9
Prince Edward Island
CAD 16,968
28.8%
10
Alberta
CAD 16,924
29.0%
11
Saskatchewan
CAD 16,812
29.5%
12
Manitoba
CAD 16,745
29.8%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
Ireland
CAD 23,634
0.9%
1
United Kingdom
CAD 23,401
1.9%
2
Switzerland
CAD 22,083
7.4%
3
Spain
CAD 20,964
12.1%
4
France
CAD 20,839
12.6%
5
Russia
CAD 20,744
13.0%
6
Norway
CAD 20,705
13.2%
7
Luxembourg
CAD 20,346
14.7%
8
Austria
CAD 20,153
15.5%
9
Czech Republic
CAD 19,448
18.4%
10
Hungary
CAD 19,433
18.5%
11
Italy
CAD 19,238
19.3%
12
Ukraine
CAD 19,194
19.5%
13
Germany
CAD 18,836
21.0%
14
Greece
CAD 17,901
24.9%
15
Sweden
CAD 17,776
25.5%
16
Poland
CAD 16,962
28.9%
17
Portugal
CAD 16,198
32.1%
18
Finland
CAD 15,989
32.9%
19
Denmark
CAD 15,957
33.1%
20
Belgium
CAD 15,724
34.1%
21
Netherlands
CAD 15,005
37.1%
22
Romania
CAD 13,949
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 20,729
13.1%
1
Canada
CAD 17,797
25.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 22,637
5.1%
1
Australia
CAD 22,226
6.8%
2
Thailand
CAD 21,866
8.3%
3
Taiwan
CAD 21,734
8.9%
4
South Korea
CAD 20,681
13.3%
5
Pakistan
CAD 20,352
14.7%
6
New Zealand
CAD 20,153
15.5%
7
Indonesia
CAD 20,026
16.0%
8
Malaysia
CAD 20,018
16.1%
9
Japan
CAD 19,235
19.3%
10
Philippines
CAD 19,058
20.1%
11
Singapore
CAD 19,022
20.2%
12
Kazakhstan
CAD 18,949
20.5%
13
Vietnam
CAD 18,127
24.0%
14
China
CAD 16,840
29.4%
15
India
CAD 16,769
29.7%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 21,558
9.6%
1
Puerto Rico
CAD 21,535
9.7%
2
Costa Rica
CAD 21,340
10.5%
3
Ecuador
CAD 21,228
11.0%
4
Colombia
CAD 20,934
12.2%
5
Panama
CAD 20,338
14.7%
6
Chile
CAD 19,404
18.6%
7
Mexico
CAD 19,261
19.2%
8
Peru
CAD 18,454
22.6%
9
Uruguay
CAD 18,298
23.3%
10
Brazil
CAD 18,069
24.2%
11
Argentina
CAD 15,489
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 20,147
15.5%
1
Mozambique
CAD 17,936
24.8%
2
Angola
CAD 17,588
26.2%
3
Morocco
CAD 17,499
26.6%
4
Kenya
CAD 17,397
27.0%
5
Ivory Coast
CAD 17,203
27.9%
6
Ghana
CAD 17,162
28.0%
7
Nigeria
CAD 16,392
31.3%
8
Cameroon
CAD 16,235
31.9%
9
Uganda
CAD 15,908
33.3%
10
Senegal
CAD 15,738
34.0%
11
Zambia
CAD 15,071
36.8%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 22,652
5.0%
1
Qatar
CAD 22,652
5.0%
2
Bahrain
CAD 21,936
8.0%
3
Oman
CAD 21,936
8.0%
4
Saudi Arabia
CAD 21,460
10.0%
5
Kuwait
CAD 21,221
11.0%
6
Israel
CAD 20,709
13.2%
7
Egypt
CAD 18,268
23.4%
8
Lebanon
CAD 18,147
23.9%
9
Turkey
CAD 13,560
43.1%
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.