Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$18,960
Federal tax deduction
- $2,474
Provincial tax deduction
- $711
CPP deduction
- $881
EI deduction
- $300
Total tax
- $4,366
Net pay
* $14,594
Marginal tax rate
24.9%
Average tax rate
23.0%
77.0%
Net pay
23.0%
Total tax
Total tax
Net pay
The Taxberg
$14,594
Net pay
$1,301
Tax the employer pays
$4,366
Tax you pay
Total tax paid
$5,666
Did you know your employer also pays tax on your salary? It costs the employer $1,301 to pay you $18,960. In other words, every time you spend $10 of your hard-earned money, $2.99 goes to the government.
Real tax rate
28.0%
So, with you and the employer both paying tax, what used to be a 23% tax rate now rises to 28.0%, meaning your real tax rate is actually 5% higher than what it seemed at first.
Summary
If you make $18,960 a year living in the region of Nunavut, Canada, you will be taxed $4,366. That means that your net pay will be $14,594 per year, or $1,216 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 $24.90, 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
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 18,960
0.0%
1
Ireland
CAD 18,960
0.0%
2
Spain
CAD 17,756
6.4%
3
Switzerland
CAD 17,633
7.0%
4
France
CAD 16,913
10.8%
5
Norway
CAD 16,809
11.3%
6
Luxembourg
CAD 16,553
12.7%
7
Russia
CAD 16,495
13.0%
8
Italy
CAD 16,328
13.9%
9
Austria
CAD 16,120
15.0%
10
Czech Republic
CAD 15,834
16.5%
11
Hungary
CAD 15,452
18.5%
12
Ukraine
CAD 15,263
19.5%
13
Germany
CAD 15,230
19.7%
14
Greece
CAD 14,629
22.8%
15
Sweden
CAD 14,502
23.5%
16
Poland
CAD 13,843
27.0%
17
Portugal
CAD 13,243
30.2%
18
Finland
CAD 13,130
30.8%
19
Belgium
CAD 12,893
32.0%
20
Denmark
CAD 12,672
33.2%
21
Netherlands
CAD 11,931
37.1%
22
Romania
CAD 11,092
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 16,936
10.7%
1
Canada
CAD 14,408
24.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 18,492
2.5%
1
Hong Kong
CAD 18,012
5.0%
2
Thailand
CAD 17,635
7.0%
3
Taiwan
CAD 17,282
8.9%
4
Pakistan
CAD 16,689
12.0%
5
South Korea
CAD 16,587
12.5%
6
Malaysia
CAD 16,271
14.2%
7
New Zealand
CAD 16,192
14.6%
8
Indonesia
CAD 16,154
14.8%
9
Philippines
CAD 15,583
17.8%
10
Japan
CAD 15,401
18.8%
11
Singapore
CAD 15,169
20.0%
12
Kazakhstan
CAD 15,022
20.8%
13
Vietnam
CAD 14,666
22.7%
14
India
CAD 13,995
26.2%
15
China
CAD 13,433
29.2%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 17,366
8.4%
1
Guatemala
CAD 17,142
9.6%
2
Ecuador
CAD 17,099
9.8%
3
Colombia
CAD 17,090
9.9%
4
Costa Rica
CAD 16,969
10.5%
5
Panama
CAD 16,644
12.2%
6
Mexico
CAD 15,593
17.8%
7
Chile
CAD 15,541
18.0%
8
Uruguay
CAD 15,083
20.5%
9
Peru
CAD 14,778
22.1%
10
Brazil
CAD 14,698
22.5%
11
Argentina
CAD 12,314
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 16,533
12.8%
1
Mozambique
CAD 14,419
24.0%
2
Morocco
CAD 14,349
24.3%
3
Angola
CAD 14,035
26.0%
4
Ivory Coast
CAD 13,988
26.2%
5
Kenya
CAD 13,978
26.3%
6
Ghana
CAD 13,804
27.2%
7
Cameroon
CAD 13,298
29.9%
8
Nigeria
CAD 13,070
31.1%
9
Uganda
CAD 12,734
32.8%
10
Senegal
CAD 12,661
33.2%
11
Zambia
CAD 12,067
36.4%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 18,012
5.0%
1
Qatar
CAD 18,012
5.0%
2
Bahrain
CAD 17,443
8.0%
3
Oman
CAD 17,443
8.0%
4
Saudi Arabia
CAD 17,064
10.0%
5
Kuwait
CAD 16,874
11.0%
6
Israel
CAD 16,467
13.2%
7
Egypt
CAD 14,605
23.0%
8
Lebanon
CAD 14,484
23.6%
9
Turkey
CAD 10,471
44.8%
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.