Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$1,068
Federal tax deduction
- $6.95
Provincial tax deduction
- $42.05
EI deduction
- $16.87
Total tax
- $65.87
Net pay
* $1,002
Marginal tax rate
15.7%
Average tax rate
6.2%
93.8%
Net pay
6.2%
Total tax
Total tax
Net pay
The Taxberg
$1,002
Net pay
$23.62
Tax the employer pays
$65.87
Tax you pay
Total tax paid
$89.49
Did you know your employer also pays tax on your salary? It costs the employer $23.62 to pay you $1,068. In other words, every time you spend $10 of your hard-earned money, $0.84 goes to the government.
Real tax rate
8.2%
So, with you and the employer both paying tax, what used to be a 6.2% tax rate now rises to 8.2%, meaning your real tax rate is actually 2% higher than what it seemed at first.
Summary
If you make $1,068 a year living in the region of Nunavut, Canada, you will be taxed $65.87. That means that your net pay will be $1,002 per year, or $83.51 per month. Your average tax rate is 6.2% and your marginal tax rate is 15.7%. 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 $15.74, hence, your net pay will only increase by $84.26.
Bonus Example
A $1,000 bonus will generate an extra $843 of net incomes. A $5,000 bonus will generate an extra $4,213 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Newfoundland and Labrador
CAD 953
10.8%
1
Nova Scotia
CAD 952
10.9%
2
New Brunswick
CAD 945
11.5%
3
Prince Edward Island
CAD 941
11.9%
4
Alberta
CAD 939
12.1%
5
Saskatchewan
CAD 934
12.6%
6
Manitoba
CAD 931
12.9%
7
British Columbia
CAD 1,044
2.2%
8
Ontario
CAD 1,044
2.2%
9
Quebec
CAD 1,044
2.2%
10
Yukon
CAD 1,041
2.5%
11
Nunavut
CAD 1,002
6.2%
12
Northwest Territories
CAD 982
8.0%
13
Show more
North America
Country 
Net pay
Average tax
Rank
Canada
CAD 1,044
2.2%
1
USA
CAD 975
8.7%
2
NOTE* Withholding is calculated based on the Nunavut 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.