Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$7,046
Federal tax deduction
- $817
Provincial tax deduction
- $592
CPP deduction
- $202
EI deduction
- $111
Total tax
- $1,722
Net pay
* $5,324
Marginal tax rate
29.3%
Average tax rate
24.4%
75.6%
Net pay
24.4%
Total tax
Total tax
Net pay
The Taxberg
$5,324
Net pay
$358
Tax the employer pays
$1,722
Tax you pay
Total tax paid
$2,080
Did you know your employer also pays tax on your salary? It costs the employer $358 to pay you $7,046. In other words, every time you spend $10 of your hard-earned money, $2.95 goes to the government.
Real tax rate
28.1%
So, with you and the employer both paying tax, what used to be a 24.4% tax rate now rises to 28.1%, meaning your real tax rate is actually 3.7% higher than what it seemed at first.
Summary
If you make $7,046 a year living in the region of Nova Scotia, Canada, you will be taxed $1,722. That means that your net pay will be $5,324 per year, or $444 per month. Your average tax rate is 24.4% and your marginal tax rate is 29.3%. 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 $29.33, hence, your net pay will only increase by $70.67.
Bonus Example
A $1,000 bonus will generate an extra $707 of net incomes. A $5,000 bonus will generate an extra $3,534 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 6,030
14.4%
1
British Columbia
CAD 5,916
16.0%
2
Ontario
CAD 5,750
18.4%
3
Nunavut
CAD 5,646
19.9%
4
Yukon
CAD 5,567
21.0%
5
Northwest Territories
CAD 5,519
21.7%
6
Newfoundland and Labrador
CAD 5,330
24.4%
7
Nova Scotia
CAD 5,324
24.4%
8
New Brunswick
CAD 5,283
25.0%
9
Prince Edward Island
CAD 5,256
25.4%
10
Alberta
CAD 5,242
25.6%
11
Saskatchewan
CAD 5,209
26.1%
12
Manitoba
CAD 5,189
26.4%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 6,436
8.7%
1
Canada
CAD 5,750
18.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 7,046
0.0%
1
Hong Kong
CAD 7,046
0.0%
2
Pakistan
CAD 6,828
3.1%
3
Thailand
CAD 6,667
5.4%
4
Philippines
CAD 6,594
6.4%
5
Singapore
CAD 6,583
6.6%
6
Taiwan
CAD 6,422
8.9%
7
Indonesia
CAD 6,331
10.2%
8
South Korea
CAD 6,252
11.3%
9
Malaysia
CAD 6,213
11.8%
10
New Zealand
CAD 6,208
11.9%
11
India
CAD 6,200
12.0%
12
Vietnam
CAD 5,839
17.1%
13
Japan
CAD 5,725
18.7%
14
Kazakhstan
CAD 5,580
20.8%
15
China
CAD 5,297
24.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Colombia
CAD 6,933
7.5%
1
Puerto Rico
CAD 6,486
8.0%
2
Brazil
CAD 6,389
9.3%
3
Ecuador
CAD 6,380
9.5%
4
Guatemala
CAD 6,370
9.6%
5
Mexico
CAD 6,336
10.1%
6
Costa Rica
CAD 6,306
10.5%
7
Panama
CAD 6,271
11.0%
8
Peru
CAD 6,165
12.5%
9
Chile
CAD 5,806
17.6%
10
Uruguay
CAD 5,630
20.1%
11
Argentina
CAD 4,576
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 6,955
1.3%
1
Morocco
CAD 6,331
10.2%
2
Cameroon
CAD 5,808
17.6%
3
Ivory Coast
CAD 5,757
18.3%
4
Kenya
CAD 5,683
19.3%
5
Mozambique
CAD 5,643
19.9%
6
Ghana
CAD 5,360
23.9%
7
Angola
CAD 5,321
24.5%
8
Zambia
CAD 5,140
27.1%
9
Senegal
CAD 5,000
29.0%
10
Uganda
CAD 4,989
29.2%
11
Nigeria
CAD 4,966
29.5%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 6,694
5.0%
1
Qatar
CAD 6,694
5.0%
2
Saudi Arabia
CAD 6,546
7.1%
3
Bahrain
CAD 6,482
8.0%
4
Oman
CAD 6,482
8.0%
5
Kuwait
CAD 6,271
11.0%
6
Israel
CAD 6,119
13.2%
7
Egypt
CAD 5,553
21.2%
8
Lebanon
CAD 5,548
21.3%
9
Turkey
CAD 4,368
38.0%
10
Show more
NOTE* Withholding is calculated based on the Nova Scotia 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.