Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$21,720
Federal tax deduction
- $2,858
Provincial tax deduction
- $1,200
CPP deduction
- $1,039
EI deduction
- $343
Total tax
- $5,439
Net pay
* $16,281
Marginal tax rate
26.7%
Average tax rate
25.0%
75.0%
Net pay
25.0%
Total tax
Total tax
Net pay
The Taxberg
$16,281
Net pay
$1,519
Tax the employer pays
$5,439
Tax you pay
Total tax paid
$6,958
Did you know your employer also pays tax on your salary? It costs the employer $1,519 to pay you $21,720. In other words, every time you spend $10 of your hard-earned money, $3.20 goes to the government.
Real tax rate
29.9%
So, with you and the employer both paying tax, what used to be a 25% tax rate now rises to 29.9%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
Summary
If you make $21,720 a year living in the region of Northwest Territories, Canada, you will be taxed $5,439. That means that your net pay will be $16,281 per year, or $1,357 per month. Your average tax rate is 25.0% and your marginal tax rate is 26.7%. 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 $26.66, hence, your net pay will only increase by $73.34.
Bonus Example
A $1,000 bonus will generate an extra $733 of net incomes. A $5,000 bonus will generate an extra $3,667 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 17,204
20.8%
1
British Columbia
CAD 16,904
22.2%
2
Nunavut
CAD 16,667
23.3%
3
Ontario
CAD 16,350
24.7%
4
Northwest Territories
CAD 16,281
25.0%
5
Yukon
CAD 16,261
25.1%
6
Newfoundland and Labrador
CAD 15,711
27.7%
7
Nova Scotia
CAD 15,693
27.7%
8
New Brunswick
CAD 15,569
28.3%
9
Prince Edward Island
CAD 15,487
28.7%
10
Alberta
CAD 15,447
28.9%
11
Saskatchewan
CAD 15,345
29.4%
12
Manitoba
CAD 15,284
29.6%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 21,686
0.2%
1
Ireland
CAD 21,553
0.8%
2
Switzerland
CAD 20,183
7.1%
3
Spain
CAD 19,919
8.3%
4
France
CAD 19,132
11.9%
5
Norway
CAD 19,020
12.4%
6
Russia
CAD 18,896
13.0%
7
Luxembourg
CAD 18,709
13.9%
8
Austria
CAD 18,397
15.3%
9
Italy
CAD 18,008
17.1%
10
Czech Republic
CAD 17,876
17.7%
11
Hungary
CAD 17,702
18.5%
12
Ukraine
CAD 17,485
19.5%
13
Germany
CAD 17,389
19.9%
14
Greece
CAD 16,478
24.1%
15
Sweden
CAD 16,353
24.7%
16
Poland
CAD 15,605
28.2%
17
Portugal
CAD 14,913
31.3%
18
Finland
CAD 14,799
31.9%
19
Belgium
CAD 14,598
32.8%
20
Denmark
CAD 14,528
33.1%
21
Netherlands
CAD 13,668
37.1%
22
Romania
CAD 12,706
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 19,084
12.1%
1
Canada
CAD 16,350
24.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 20,631
5.0%
1
Australia
CAD 20,630
5.0%
2
Thailand
CAD 20,030
7.8%
3
Taiwan
CAD 19,799
8.8%
4
South Korea
CAD 18,912
12.9%
5
Pakistan
CAD 18,759
13.6%
6
New Zealand
CAD 18,431
15.1%
7
Malaysia
CAD 18,398
15.3%
8
Indonesia
CAD 18,356
15.5%
9
Japan
CAD 17,586
19.0%
10
Philippines
CAD 17,573
19.1%
11
Singapore
CAD 17,364
20.1%
12
Kazakhstan
CAD 17,238
20.6%
13
Vietnam
CAD 16,642
23.4%
14
India
CAD 15,563
28.4%
15
China
CAD 15,358
29.3%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 19,722
9.2%
1
Guatemala
CAD 19,637
9.6%
2
Ecuador
CAD 19,471
10.4%
3
Costa Rica
CAD 19,439
10.5%
4
Colombia
CAD 19,304
11.1%
5
Panama
CAD 18,732
13.8%
6
Chile
CAD 17,724
18.4%
7
Mexico
CAD 17,685
18.6%
8
Uruguay
CAD 17,068
21.4%
9
Peru
CAD 16,855
22.4%
10
Brazil
CAD 16,529
23.9%
11
Argentina
CAD 14,108
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 18,575
14.5%
1
Mozambique
CAD 16,407
24.5%
2
Morocco
CAD 16,129
25.7%
3
Angola
CAD 16,043
26.1%
4
Kenya
CAD 15,910
26.8%
5
Ivory Coast
CAD 15,805
27.2%
6
Ghana
CAD 15,740
27.5%
7
Cameroon
CAD 14,956
31.1%
8
Nigeria
CAD 14,947
31.2%
9
Uganda
CAD 14,528
33.1%
10
Senegal
CAD 14,400
33.7%
11
Zambia
CAD 13,765
36.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 20,634
5.0%
1
Qatar
CAD 20,634
5.0%
2
Bahrain
CAD 19,982
8.0%
3
Oman
CAD 19,982
8.0%
4
Saudi Arabia
CAD 19,548
10.0%
5
Kuwait
CAD 19,331
11.0%
6
Israel
CAD 18,864
13.2%
7
Egypt
CAD 16,675
23.2%
8
Lebanon
CAD 16,554
23.8%
9
Turkey
CAD 12,216
43.8%
10
Show more
NOTE* Withholding is calculated based on the Northwest Territories 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.