Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$12,987
Federal tax deduction
- $1,643
Provincial tax deduction
- $490
CPP deduction
- $541
EI deduction
- $205
Total tax
- $2,879
Net pay
* $10,108
Marginal tax rate
24.9%
Average tax rate
22.2%
77.8%
Net pay
22.2%
Total tax
Total tax
Net pay
The Taxberg
$10,108
Net pay
$828
Tax the employer pays
$2,879
Tax you pay
Total tax paid
$3,707
Did you know your employer also pays tax on your salary? It costs the employer $828 to pay you $12,987. 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 $12,987 a year living in the region of Nunavut, Canada, you will be taxed $2,879. That means that your net pay will be $10,108 per year, or $842 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 10,819
16.7%
1
British Columbia
CAD 10,470
19.4%
2
Nunavut
CAD 10,108
22.2%
3
Ontario
CAD 9,980
23.2%
4
Yukon
CAD 9,897
23.8%
5
Northwest Territories
CAD 9,876
24.0%
6
Newfoundland and Labrador
CAD 9,533
26.6%
7
Nova Scotia
CAD 9,522
26.7%
8
New Brunswick
CAD 9,447
27.3%
9
Prince Edward Island
CAD 9,398
27.6%
10
Alberta
CAD 9,374
27.8%
11
Saskatchewan
CAD 9,313
28.3%
12
Manitoba
CAD 9,276
28.6%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 12,987
0.0%
1
Ireland
CAD 12,987
0.0%
2
Italy
CAD 12,389
4.6%
3
Spain
CAD 12,162
6.4%
4
Switzerland
CAD 12,066
7.1%
5
Norway
CAD 11,948
8.0%
6
France
CAD 11,727
9.7%
7
Luxembourg
CAD 11,514
11.3%
8
Czech Republic
CAD 11,414
12.1%
9
Russia
CAD 11,299
13.0%
10
Austria
CAD 11,042
15.0%
11
Hungary
CAD 10,584
18.5%
12
Ukraine
CAD 10,455
19.5%
13
Germany
CAD 10,432
19.7%
14
Sweden
CAD 10,189
21.5%
15
Greece
CAD 10,149
21.9%
16
Poland
CAD 10,029
22.8%
17
Portugal
CAD 9,468
27.1%
18
Finland
CAD 8,994
30.8%
19
Belgium
CAD 8,831
32.0%
20
Denmark
CAD 8,653
33.4%
21
Netherlands
CAD 8,172
37.1%
22
Romania
CAD 7,597
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 11,777
9.3%
1
Canada
CAD 9,980
23.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 12,987
0.0%
1
Hong Kong
CAD 12,987
0.0%
2
Thailand
CAD 12,265
5.6%
3
Pakistan
CAD 11,955
8.0%
4
Taiwan
CAD 11,838
8.9%
5
Malaysia
CAD 11,460
11.8%
6
South Korea
CAD 11,440
11.9%
7
New Zealand
CAD 11,347
12.6%
8
Indonesia
CAD 11,229
13.5%
9
Philippines
CAD 11,144
14.2%
10
Japan
CAD 10,553
18.7%
11
Singapore
CAD 10,393
20.0%
12
Vietnam
CAD 10,374
20.1%
13
Kazakhstan
CAD 10,286
20.8%
14
India
CAD 10,233
21.2%
15
China
CAD 9,267
28.7%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 11,956
7.9%
1
Colombia
CAD 11,948
8.0%
2
Ecuador
CAD 11,760
9.5%
3
Guatemala
CAD 11,742
9.6%
4
Costa Rica
CAD 11,623
10.5%
5
Panama
CAD 11,558
11.0%
6
Peru
CAD 11,364
12.5%
7
Mexico
CAD 11,062
14.8%
8
Brazil
CAD 10,877
16.3%
9
Chile
CAD 10,701
17.6%
10
Uruguay
CAD 10,377
20.1%
11
Argentina
CAD 8,432
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 11,789
9.2%
1
Morocco
CAD 10,496
19.2%
2
Mozambique
CAD 10,119
22.1%
3
Ivory Coast
CAD 9,933
23.5%
4
Cameroon
CAD 9,815
24.4%
5
Kenya
CAD 9,802
24.5%
6
Angola
CAD 9,676
25.5%
7
Ghana
CAD 9,571
26.3%
8
Nigeria
CAD 9,007
30.7%
9
Uganda
CAD 8,851
31.9%
10
Senegal
CAD 8,809
32.2%
11
Zambia
CAD 8,497
34.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 12,338
5.0%
1
Qatar
CAD 12,338
5.0%
2
Bahrain
CAD 11,948
8.0%
3
Oman
CAD 11,948
8.0%
4
Saudi Arabia
CAD 11,688
10.0%
5
Kuwait
CAD 11,558
11.0%
6
Israel
CAD 11,279
13.2%
7
Egypt
CAD 10,125
22.0%
8
Lebanon
CAD 10,004
23.0%
9
Turkey
CAD 7,601
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.