Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$12,972
Federal tax deduction
- $1,641
Provincial tax deduction
- $489
CPP deduction
- $540
EI deduction
- $205
Total tax
- $2,875
Net pay
* $10,097
Marginal tax rate
24.9%
Average tax rate
22.2%
77.8%
Net pay
22.2%
Total tax
Total tax
Net pay
The Taxberg
$10,097
Net pay
$827
Tax the employer pays
$2,875
Tax you pay
Total tax paid
$3,702
Did you know your employer also pays tax on your salary? It costs the employer $827 to pay you $12,972. In other words, every time you spend $10 of your hard-earned money, $2.85 goes to the government.
Real tax rate
26.8%
So, with you and the employer both paying tax, what used to be a 22.2% tax rate now rises to 26.8%, meaning your real tax rate is actually 4.6% higher than what it seemed at first.
Summary
If you make $12,972 a year living in the region of Nunavut, Canada, you will be taxed $2,875. That means that your net pay will be $10,097 per year, or $841 per month. Your average tax rate is 22.2% and your marginal tax rate is 24.9%. 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 $24.90, hence, your net pay will only increase by $75.10.
Bonus Example
A $1,000 bonus will generate an extra $751 of net incomes. A $5,000 bonus will generate an extra $3,755 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 10,807
16.7%
1
British Columbia
CAD 10,458
19.4%
2
Nunavut
CAD 10,097
22.2%
3
Ontario
CAD 9,969
23.2%
4
Yukon
CAD 9,886
23.8%
5
Northwest Territories
CAD 9,865
24.0%
6
Newfoundland and Labrador
CAD 9,522
26.6%
7
Nova Scotia
CAD 9,511
26.7%
8
New Brunswick
CAD 9,437
27.3%
9
Prince Edward Island
CAD 9,388
27.6%
10
Alberta
CAD 9,363
27.8%
11
Saskatchewan
CAD 9,302
28.3%
12
Manitoba
CAD 9,266
28.6%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 12,972
0.0%
1
Ireland
CAD 12,972
0.0%
2
Italy
CAD 12,368
4.7%
3
Spain
CAD 12,148
6.4%
4
Switzerland
CAD 12,052
7.1%
5
Norway
CAD 11,934
8.0%
6
France
CAD 11,714
9.7%
7
Luxembourg
CAD 11,501
11.3%
8
Czech Republic
CAD 11,403
12.1%
9
Russia
CAD 11,286
13.0%
10
Austria
CAD 11,029
15.0%
11
Hungary
CAD 10,572
18.5%
12
Ukraine
CAD 10,442
19.5%
13
Germany
CAD 10,420
19.7%
14
Sweden
CAD 10,178
21.5%
15
Greece
CAD 10,138
21.9%
16
Poland
CAD 10,019
22.8%
17
Portugal
CAD 9,458
27.1%
18
Finland
CAD 8,983
30.8%
19
Belgium
CAD 8,821
32.0%
20
Denmark
CAD 8,643
33.4%
21
Netherlands
CAD 8,162
37.1%
22
Romania
CAD 7,589
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 11,764
9.3%
1
Canada
CAD 9,969
23.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 12,972
0.0%
1
Hong Kong
CAD 12,972
0.0%
2
Thailand
CAD 12,251
5.6%
3
Pakistan
CAD 11,943
7.9%
4
Taiwan
CAD 11,824
8.9%
5
Malaysia
CAD 11,447
11.8%
6
South Korea
CAD 11,427
11.9%
7
New Zealand
CAD 11,335
12.6%
8
Indonesia
CAD 11,217
13.5%
9
Philippines
CAD 11,132
14.2%
10
Japan
CAD 10,541
18.7%
11
Singapore
CAD 10,381
20.0%
12
Vietnam
CAD 10,364
20.1%
13
Kazakhstan
CAD 10,274
20.8%
14
India
CAD 10,223
21.2%
15
China
CAD 9,256
28.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 11,942
7.9%
1
Colombia
CAD 11,934
8.0%
2
Ecuador
CAD 11,746
9.5%
3
Guatemala
CAD 11,728
9.6%
4
Costa Rica
CAD 11,610
10.5%
5
Panama
CAD 11,545
11.0%
6
Peru
CAD 11,350
12.5%
7
Mexico
CAD 11,050
14.8%
8
Brazil
CAD 10,867
16.2%
9
Chile
CAD 10,689
17.6%
10
Uruguay
CAD 10,365
20.1%
11
Argentina
CAD 8,422
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 11,777
9.2%
1
Morocco
CAD 10,486
19.2%
2
Mozambique
CAD 10,108
22.1%
3
Ivory Coast
CAD 9,923
23.5%
4
Cameroon
CAD 9,807
24.4%
5
Kenya
CAD 9,791
24.5%
6
Angola
CAD 9,665
25.5%
7
Ghana
CAD 9,560
26.3%
8
Nigeria
CAD 8,997
30.7%
9
Uganda
CAD 8,841
31.8%
10
Senegal
CAD 8,799
32.2%
11
Zambia
CAD 8,488
34.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 12,323
5.0%
1
Qatar
CAD 12,323
5.0%
2
Bahrain
CAD 11,934
8.0%
3
Oman
CAD 11,934
8.0%
4
Saudi Arabia
CAD 11,675
10.0%
5
Kuwait
CAD 11,545
11.0%
6
Israel
CAD 11,266
13.2%
7
Egypt
CAD 10,114
22.0%
8
Lebanon
CAD 9,993
23.0%
9
Turkey
CAD 7,593
41.5%
10
Show more
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.