Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$38,172
Federal tax deduction
- $5,146
Provincial tax deduction
- $1,424
CPP deduction
- $1,976
EI deduction
- $603
Total tax
- $9,149
Net pay
* $29,023
Marginal tax rate
24.9%
Average tax rate
24.0%
76.0%
Net pay
24.0%
Total tax
Total tax
Net pay
The Taxberg
$29,023
Net pay
$2,821
Tax the employer pays
$9,149
Tax you pay
Total tax paid
$11,970
Did you know your employer also pays tax on your salary? It costs the employer $2,821 to pay you $38,172. In other words, every time you spend $10 of your hard-earned money, $3.14 goes to the government.
Real tax rate
29.2%
So, with you and the employer both paying tax, what used to be a 24% tax rate now rises to 29.2%, meaning your real tax rate is actually 5.2% higher than what it seemed at first.
Summary
If you make $38,172 a year living in the region of Nunavut, Canada, you will be taxed $9,149. That means that your net pay will be $29,023 per year, or $2,419 per month. Your average tax rate is 24.0% 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
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 29,023
24.0%
1
British Columbia
CAD 28,654
24.9%
2
Northwest Territories
CAD 28,347
25.7%
3
Ontario
CAD 28,254
26.0%
4
Yukon
CAD 28,251
26.0%
5
Quebec
CAD 28,002
26.6%
6
Newfoundland and Labrador
CAD 27,319
28.4%
7
New Brunswick
CAD 27,101
29.0%
8
Alberta
CAD 26,887
29.6%
9
Nova Scotia
CAD 26,790
29.8%
10
Prince Edward Island
CAD 26,711
30.0%
11
Saskatchewan
CAD 26,710
30.0%
12
Manitoba
CAD 26,529
30.5%
13
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Europe
Country 
Net pay
Average tax
Rank
Switzerland
CAD 34,166
10.5%
1
Ireland
CAD 33,395
12.5%
2
Russia
CAD 33,210
13.0%
3
United Kingdom
CAD 32,965
13.6%
4
France
CAD 32,321
15.3%
5
Hungary
CAD 31,110
18.5%
6
Norway
CAD 31,054
18.7%
7
Luxembourg
CAD 30,782
19.4%
8
Ukraine
CAD 30,728
19.5%
9
Austria
CAD 30,369
20.4%
10
Spain
CAD 30,199
20.9%
11
Czech Republic
CAD 30,051
21.3%
12
Sweden
CAD 27,378
28.3%
13
Greece
CAD 27,312
28.5%
14
Italy
CAD 27,229
28.7%
15
Germany
CAD 27,114
29.0%
16
Poland
CAD 26,111
31.6%
17
Denmark
CAD 25,606
32.9%
18
Finland
CAD 25,117
34.2%
19
Portugal
CAD 24,323
36.3%
20
Netherlands
CAD 24,021
37.1%
21
Romania
CAD 22,331
41.5%
22
Belgium
CAD 22,240
41.7%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 31,558
17.3%
1
Canada
CAD 28,254
26.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 35,868
6.0%
1
Taiwan
CAD 34,141
10.6%
2
Thailand
CAD 33,647
11.9%
3
Australia
CAD 33,315
12.7%
4
South Korea
CAD 31,884
16.5%
5
New Zealand
CAD 31,734
16.9%
6
Kazakhstan
CAD 30,555
20.0%
7
Indonesia
CAD 30,501
20.1%
8
Pakistan
CAD 30,493
20.1%
9
Singapore
CAD 30,094
21.2%
10
Japan
CAD 29,966
21.5%
11
Malaysia
CAD 29,862
21.8%
12
Philippines
CAD 28,783
24.6%
13
Vietnam
CAD 27,765
27.3%
14
China
CAD 26,150
31.5%
15
India
CAD 24,908
34.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 34,512
9.6%
1
Puerto Rico
CAD 33,695
11.7%
2
Costa Rica
CAD 33,567
12.1%
3
Ecuador
CAD 32,585
14.6%
4
Colombia
CAD 31,392
17.8%
5
Panama
CAD 31,178
18.3%
6
Chile
CAD 30,686
19.6%
7
Mexico
CAD 29,590
22.5%
8
Peru
CAD 29,222
23.5%
9
Brazil
CAD 28,457
25.5%
10
Uruguay
CAD 27,580
27.8%
11
Argentina
CAD 24,802
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 30,139
21.0%
1
Angola
CAD 28,011
26.6%
2
Mozambique
CAD 27,892
26.9%
3
Kenya
CAD 27,426
28.2%
4
Ghana
CAD 26,640
30.2%
5
Ivory Coast
CAD 26,571
30.4%
6
Morocco
CAD 26,279
31.2%
7
Nigeria
CAD 26,138
31.5%
8
Uganda
CAD 25,221
33.9%
9
Cameroon
CAD 24,958
34.6%
10
Senegal
CAD 24,497
35.8%
11
Zambia
CAD 23,883
37.4%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 36,263
5.0%
1
Qatar
CAD 36,263
5.0%
2
Bahrain
CAD 35,118
8.0%
3
Oman
CAD 35,118
8.0%
4
Saudi Arabia
CAD 34,355
10.0%
5
Kuwait
CAD 33,973
11.0%
6
Israel
CAD 32,108
15.9%
7
Egypt
CAD 29,014
24.0%
8
Lebanon
CAD 28,893
24.3%
9
Turkey
CAD 22,499
41.1%
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.