Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$24,180
Federal tax deduction
- $3,200
Provincial tax deduction
- $905
CPP deduction
- $1,179
EI deduction
- $382
Total tax
- $5,665
Net pay
* $18,515
Marginal tax rate
24.9%
Average tax rate
23.4%
76.6%
Net pay
23.4%
Total tax
Total tax
Net pay
The Taxberg
$18,515
Net pay
$1,714
Tax the employer pays
$5,665
Tax you pay
Total tax paid
$7,379
Did you know your employer also pays tax on your salary? It costs the employer $1,714 to pay you $24,180. In other words, every time you spend $10 of your hard-earned money, $3.05 goes to the government.
Real tax rate
28.5%
So, with you and the employer both paying tax, what used to be a 23.4% tax rate now rises to 28.5%, meaning your real tax rate is actually 5.1% higher than what it seemed at first.
Summary
If you make $24,180 a year living in the region of Nunavut, Canada, you will be taxed $5,665. That means that your net pay will be $18,515 per year, or $1,543 per month. Your average tax rate is 23.4% 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
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 18,821
22.2%
1
British Columbia
CAD 18,673
22.8%
2
Nunavut
CAD 18,515
23.4%
3
Northwest Territories
CAD 18,085
25.2%
4
Yukon
CAD 18,054
25.3%
5
Ontario
CAD 18,026
25.4%
6
Newfoundland and Labrador
CAD 17,452
27.8%
7
Nova Scotia
CAD 17,431
27.9%
8
New Brunswick
CAD 17,293
28.5%
9
Prince Edward Island
CAD 17,203
28.9%
10
Alberta
CAD 17,157
29.0%
11
Saskatchewan
CAD 17,044
29.5%
12
Manitoba
CAD 16,976
29.8%
13
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Europe
Country 
Net pay
Average tax
Rank
Ireland
CAD 23,963
0.9%
1
United Kingdom
CAD 23,626
2.3%
2
Switzerland
CAD 22,380
7.4%
3
Spain
CAD 21,127
12.6%
4
France
CAD 21,110
12.7%
5
Russia
CAD 21,037
13.0%
6
Norway
CAD 20,972
13.3%
7
Luxembourg
CAD 20,604
14.8%
8
Austria
CAD 20,436
15.5%
9
Hungary
CAD 19,707
18.5%
10
Czech Republic
CAD 19,697
18.5%
11
Ukraine
CAD 19,465
19.5%
12
Italy
CAD 19,429
19.7%
13
Germany
CAD 19,047
21.2%
14
Greece
CAD 18,126
25.0%
15
Sweden
CAD 18,001
25.6%
16
Poland
CAD 17,176
29.0%
17
Portugal
CAD 16,401
32.2%
18
Finland
CAD 16,218
32.9%
19
Denmark
CAD 16,184
33.1%
20
Belgium
CAD 15,902
34.2%
21
Netherlands
CAD 15,217
37.1%
22
Romania
CAD 14,145
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 20,989
13.2%
1
Canada
CAD 18,026
25.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 22,954
5.1%
1
Australia
CAD 22,469
7.1%
2
Thailand
CAD 22,152
8.4%
3
Taiwan
CAD 22,026
8.9%
4
South Korea
CAD 20,943
13.4%
5
Pakistan
CAD 20,604
14.8%
6
New Zealand
CAD 20,426
15.5%
7
Indonesia
CAD 20,291
16.1%
8
Malaysia
CAD 20,274
16.2%
9
Japan
CAD 19,493
19.4%
10
Philippines
CAD 19,292
20.2%
11
Singapore
CAD 19,285
20.3%
12
Kazakhstan
CAD 19,221
20.5%
13
Vietnam
CAD 18,361
24.1%
14
China
CAD 17,074
29.4%
15
India
CAD 16,960
29.9%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 21,861
9.6%
1
Puerto Rico
CAD 21,822
9.8%
2
Costa Rica
CAD 21,641
10.5%
3
Ecuador
CAD 21,502
11.1%
4
Colombia
CAD 21,192
12.4%
5
Panama
CAD 20,593
14.8%
6
Chile
CAD 19,670
18.7%
7
Mexico
CAD 19,508
19.3%
8
Peru
CAD 18,706
22.6%
9
Uruguay
CAD 18,485
23.6%
10
Brazil
CAD 18,313
24.3%
11
Argentina
CAD 15,707
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 20,396
15.7%
1
Mozambique
CAD 18,178
24.8%
2
Angola
CAD 17,832
26.3%
3
Morocco
CAD 17,716
26.7%
4
Kenya
CAD 17,632
27.1%
5
Ivory Coast
CAD 17,424
27.9%
6
Ghana
CAD 17,384
28.1%
7
Nigeria
CAD 16,620
31.3%
8
Cameroon
CAD 16,439
32.0%
9
Uganda
CAD 16,127
33.3%
10
Senegal
CAD 15,949
34.0%
11
Zambia
CAD 15,277
36.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 22,971
5.0%
1
Qatar
CAD 22,971
5.0%
2
Bahrain
CAD 22,246
8.0%
3
Oman
CAD 22,246
8.0%
4
Saudi Arabia
CAD 21,762
10.0%
5
Kuwait
CAD 21,520
11.0%
6
Israel
CAD 21,000
13.2%
7
Egypt
CAD 18,520
23.4%
8
Lebanon
CAD 18,399
23.9%
9
Turkey
CAD 13,772
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.