Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$38,376
Federal tax deduction
- $5,174
Provincial tax deduction
- $1,431
CPP deduction
- $1,988
EI deduction
- $606
Total tax
- $9,200
Net pay
* $29,176
Marginal tax rate
24.9%
Average tax rate
24.0%
76.0%
Net pay
24.0%
Total tax
Total tax
Net pay
The Taxberg
$29,176
Net pay
$2,837
Tax the employer pays
$9,200
Tax you pay
Total tax paid
$12,037
Did you know your employer also pays tax on your salary? It costs the employer $2,837 to pay you $38,376. 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 $38,376 a year living in the region of Nunavut, Canada, you will be taxed $9,200. That means that your net pay will be $29,176 per year, or $2,431 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.
Europe
Country 
Net pay
Average tax
Rank
Switzerland
CAD 34,328
10.6%
1
Ireland
CAD 33,540
12.6%
2
Russia
CAD 33,387
13.0%
3
United Kingdom
CAD 33,101
13.7%
4
France
CAD 32,478
15.4%
5
Hungary
CAD 31,276
18.5%
6
Norway
CAD 31,189
18.7%
7
Luxembourg
CAD 30,917
19.4%
8
Ukraine
CAD 30,893
19.5%
9
Austria
CAD 30,475
20.6%
10
Spain
CAD 30,333
21.0%
11
Czech Republic
CAD 30,202
21.3%
12
Sweden
CAD 27,515
28.3%
13
Greece
CAD 27,438
28.5%
14
Italy
CAD 27,315
28.8%
15
Germany
CAD 27,228
29.1%
16
Poland
CAD 26,241
31.6%
17
Denmark
CAD 25,745
32.9%
18
Finland
CAD 25,238
34.2%
19
Portugal
CAD 24,430
36.3%
20
Netherlands
CAD 24,149
37.1%
21
Romania
CAD 22,450
41.5%
22
Belgium
CAD 22,302
41.9%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 31,709
17.4%
1
Canada
CAD 28,399
26.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 36,050
6.1%
1
Taiwan
CAD 34,317
10.6%
2
Thailand
CAD 33,806
11.9%
3
Australia
CAD 33,476
12.8%
4
South Korea
CAD 32,043
16.5%
5
New Zealand
CAD 31,889
16.9%
6
Kazakhstan
CAD 30,720
20.0%
7
Indonesia
CAD 30,650
20.1%
8
Pakistan
CAD 30,631
20.2%
9
Singapore
CAD 30,250
21.2%
10
Japan
CAD 30,105
21.6%
11
Malaysia
CAD 29,996
21.8%
12
Philippines
CAD 28,921
24.6%
13
Vietnam
CAD 27,901
27.3%
14
China
CAD 26,252
31.6%
15
India
CAD 25,024
34.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 34,696
9.6%
1
Puerto Rico
CAD 33,865
11.8%
2
Costa Rica
CAD 33,731
12.1%
3
Ecuador
CAD 32,742
14.7%
4
Colombia
CAD 31,535
17.8%
5
Panama
CAD 31,332
18.4%
6
Chile
CAD 30,841
19.6%
7
Mexico
CAD 29,730
22.5%
8
Peru
CAD 29,371
23.5%
9
Brazil
CAD 28,605
25.5%
10
Uruguay
CAD 27,719
27.8%
11
Argentina
CAD 24,935
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 30,274
21.1%
1
Angola
CAD 28,160
26.6%
2
Mozambique
CAD 28,025
27.0%
3
Kenya
CAD 27,569
28.2%
4
Ghana
CAD 26,775
30.2%
5
Ivory Coast
CAD 26,702
30.4%
6
Morocco
CAD 26,403
31.2%
7
Nigeria
CAD 26,276
31.5%
8
Uganda
CAD 25,354
33.9%
9
Cameroon
CAD 25,082
34.6%
10
Senegal
CAD 24,619
35.9%
11
Zambia
CAD 24,008
37.4%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 36,457
5.0%
1
Qatar
CAD 36,457
5.0%
2
Bahrain
CAD 35,306
8.0%
3
Oman
CAD 35,306
8.0%
4
Saudi Arabia
CAD 34,538
10.0%
5
Kuwait
CAD 34,155
11.0%
6
Israel
CAD 32,262
15.9%
7
Egypt
CAD 29,167
24.0%
8
Lebanon
CAD 29,046
24.3%
9
Turkey
CAD 22,617
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.