Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$16,020
Federal tax deduction
- $2,065
Provincial tax deduction
- $602
CPP deduction
- $714
EI deduction
- $253
Total tax
- $3,634
Net pay
* $12,386
Marginal tax rate
24.9%
Average tax rate
22.7%
77.3%
Net pay
22.7%
Total tax
Total tax
Net pay
The Taxberg
$12,386
Net pay
$1,068
Tax the employer pays
$3,634
Tax you pay
Total tax paid
$4,702
Did you know your employer also pays tax on your salary? It costs the employer $1,068 to pay you $16,020. In other words, every time you spend $10 of your hard-earned money, $2.93 goes to the government.
Real tax rate
27.5%
So, with you and the employer both paying tax, what used to be a 22.7% tax rate now rises to 27.5%, meaning your real tax rate is actually 4.8% higher than what it seemed at first.
Summary
If you make $16,020 a year living in the region of Nunavut, Canada, you will be taxed $3,634. That means that your net pay will be $12,386 per year, or $1,032 per month. Your average tax rate is 22.7% 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 13,264
17.2%
1
British Columbia
CAD 12,718
20.6%
2
Nunavut
CAD 12,386
22.7%
3
Ontario
CAD 12,228
23.7%
4
Yukon
CAD 12,107
24.4%
5
Northwest Territories
CAD 12,100
24.5%
6
Newfoundland and Labrador
CAD 11,679
27.1%
7
Nova Scotia
CAD 11,665
27.2%
8
New Brunswick
CAD 11,573
27.8%
9
Prince Edward Island
CAD 11,513
28.1%
10
Alberta
CAD 11,483
28.3%
11
Saskatchewan
CAD 11,408
28.8%
12
Manitoba
CAD 11,363
29.1%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 16,020
0.0%
1
Ireland
CAD 16,020
0.0%
2
Spain
CAD 15,003
6.4%
3
Switzerland
CAD 14,893
7.0%
4
Italy
CAD 14,539
9.3%
5
France
CAD 14,466
9.7%
6
Norway
CAD 14,454
9.8%
7
Luxembourg
CAD 14,170
11.6%
8
Russia
CAD 13,937
13.0%
9
Czech Republic
CAD 13,658
14.7%
10
Austria
CAD 13,621
15.0%
11
Hungary
CAD 13,056
18.5%
12
Ukraine
CAD 12,896
19.5%
13
Germany
CAD 12,868
19.7%
14
Greece
CAD 12,520
21.9%
15
Sweden
CAD 12,468
22.2%
16
Poland
CAD 11,966
25.3%
17
Portugal
CAD 11,453
28.5%
18
Finland
CAD 11,094
30.8%
19
Belgium
CAD 10,894
32.0%
20
Denmark
CAD 10,694
33.3%
21
Netherlands
CAD 10,081
37.1%
22
Romania
CAD 9,372
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 14,441
9.9%
1
Canada
CAD 12,228
23.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 16,020
0.0%
1
Hong Kong
CAD 15,219
5.0%
2
Thailand
CAD 14,996
6.4%
3
Taiwan
CAD 14,602
8.9%
4
Pakistan
CAD 14,378
10.3%
5
South Korea
CAD 14,070
12.2%
6
Malaysia
CAD 13,888
13.3%
7
New Zealand
CAD 13,807
13.8%
8
Indonesia
CAD 13,730
14.3%
9
Philippines
CAD 13,418
16.2%
10
Japan
CAD 13,018
18.7%
11
Singapore
CAD 12,819
20.0%
12
Kazakhstan
CAD 12,688
20.8%
13
Vietnam
CAD 12,561
21.6%
14
India
CAD 12,270
23.4%
15
China
CAD 11,382
29.0%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 14,757
7.9%
1
Colombia
CAD 14,586
9.0%
2
Ecuador
CAD 14,503
9.5%
3
Guatemala
CAD 14,484
9.6%
4
Costa Rica
CAD 14,338
10.5%
5
Panama
CAD 14,258
11.0%
6
Mexico
CAD 13,363
16.6%
7
Chile
CAD 13,199
17.6%
8
Brazil
CAD 12,865
19.7%
9
Uruguay
CAD 12,800
20.1%
10
Peru
CAD 12,566
21.6%
11
Argentina
CAD 10,403
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 14,246
11.1%
1
Morocco
CAD 12,452
22.3%
2
Mozambique
CAD 12,303
23.2%
3
Ivory Coast
CAD 12,023
25.0%
4
Kenya
CAD 11,920
25.6%
5
Angola
CAD 11,893
25.8%
6
Ghana
CAD 11,720
26.8%
7
Cameroon
CAD 11,584
27.7%
8
Nigeria
CAD 11,070
30.9%
9
Uganda
CAD 10,823
32.4%
10
Senegal
CAD 10,772
32.8%
11
Zambia
CAD 10,259
36.0%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 15,219
5.0%
1
Qatar
CAD 15,219
5.0%
2
Bahrain
CAD 14,738
8.0%
3
Oman
CAD 14,738
8.0%
4
Saudi Arabia
CAD 14,418
10.0%
5
Kuwait
CAD 14,258
11.0%
6
Israel
CAD 13,913
13.2%
7
Egypt
CAD 12,400
22.6%
8
Lebanon
CAD 12,279
23.4%
9
Turkey
CAD 9,125
43.0%
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.