Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$18,460
Federal tax deduction
- $2,404
Provincial tax deduction
- $693
CPP deduction
- $853
EI deduction
- $292
Total tax
- $4,241
Net pay
* $14,219
Marginal tax rate
24.9%
Average tax rate
23.0%
77.0%
Net pay
23.0%
Total tax
Total tax
Net pay
The Taxberg
$14,219
Net pay
$1,261
Tax the employer pays
$4,241
Tax you pay
Total tax paid
$5,502
Did you know your employer also pays tax on your salary? It costs the employer $1,261 to pay you $18,460. In other words, every time you spend $10 of your hard-earned money, $2.98 goes to the government.
Real tax rate
27.9%
So, with you and the employer both paying tax, what used to be a 23% tax rate now rises to 27.9%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
Summary
If you make $18,460 a year living in the region of Nunavut, Canada, you will be taxed $4,241. That means that your net pay will be $14,219 per year, or $1,185 per month. Your average tax rate is 23.0% 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 $24.89, hence, your net pay will only increase by $75.11.
Bonus Example
A $1,000 bonus will generate an extra $751 of net incomes. A $5,000 bonus will generate an extra $3,756 of net incomes.
Compare average tax
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 18,460
0.0%
1
Ireland
CAD 18,460
0.0%
2
Spain
CAD 17,288
6.4%
3
Switzerland
CAD 17,167
7.0%
4
France
CAD 16,511
10.6%
5
Norway
CAD 16,409
11.1%
6
Luxembourg
CAD 16,158
12.5%
7
Russia
CAD 16,060
13.0%
8
Italy
CAD 16,024
13.2%
9
Austria
CAD 15,695
15.0%
10
Czech Republic
CAD 15,464
16.2%
11
Hungary
CAD 15,045
18.5%
12
Ukraine
CAD 14,860
19.5%
13
Germany
CAD 14,828
19.7%
14
Greece
CAD 14,294
22.6%
15
Sweden
CAD 14,167
23.3%
16
Poland
CAD 13,524
26.7%
17
Portugal
CAD 12,941
29.9%
18
Finland
CAD 12,784
30.8%
19
Belgium
CAD 12,553
32.0%
20
Denmark
CAD 12,335
33.2%
21
Netherlands
CAD 11,617
37.1%
22
Romania
CAD 10,799
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 16,547
10.4%
1
Canada
CAD 14,037
24.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 18,105
1.9%
1
Hong Kong
CAD 17,537
5.0%
2
Thailand
CAD 17,192
6.9%
3
Taiwan
CAD 16,826
8.9%
4
Pakistan
CAD 16,299
11.7%
5
South Korea
CAD 16,160
12.5%
6
Malaysia
CAD 15,865
14.1%
7
New Zealand
CAD 15,786
14.5%
8
Indonesia
CAD 15,741
14.7%
9
Philippines
CAD 15,222
17.5%
10
Japan
CAD 15,000
18.7%
11
Singapore
CAD 14,769
20.0%
12
Kazakhstan
CAD 14,621
20.8%
13
Vietnam
CAD 14,308
22.5%
14
India
CAD 13,711
25.7%
15
China
CAD 13,084
29.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 16,940
8.2%
1
Guatemala
CAD 16,690
9.6%
2
Ecuador
CAD 16,669
9.7%
3
Colombia
CAD 16,663
9.7%
4
Costa Rica
CAD 16,522
10.5%
5
Panama
CAD 16,265
11.9%
6
Mexico
CAD 15,214
17.6%
7
Chile
CAD 15,145
18.0%
8
Uruguay
CAD 14,714
20.3%
9
Peru
CAD 14,402
22.0%
10
Brazil
CAD 14,386
22.1%
11
Argentina
CAD 11,989
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 16,163
12.4%
1
Mozambique
CAD 14,059
23.8%
2
Morocco
CAD 14,026
24.0%
3
Angola
CAD 13,671
25.9%
4
Ivory Coast
CAD 13,659
26.0%
5
Kenya
CAD 13,628
26.2%
6
Ghana
CAD 13,450
27.1%
7
Cameroon
CAD 13,006
29.5%
8
Nigeria
CAD 12,730
31.0%
9
Uganda
CAD 12,409
32.8%
10
Senegal
CAD 12,346
33.1%
11
Zambia
CAD 11,760
36.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 17,537
5.0%
1
Qatar
CAD 17,537
5.0%
2
Bahrain
CAD 16,983
8.0%
3
Oman
CAD 16,983
8.0%
4
Saudi Arabia
CAD 16,614
10.0%
5
Kuwait
CAD 16,429
11.0%
6
Israel
CAD 16,033
13.2%
7
Egypt
CAD 14,230
22.9%
8
Lebanon
CAD 14,109
23.6%
9
Turkey
CAD 10,209
44.7%
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.