Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$5,040
Federal tax deduction
- $538
Provincial tax deduction
- $195
CPP deduction
- $87.78
EI deduction
- $79.63
Total tax
- $900
Net pay
* $4,140
Marginal tax rate
24.9%
Average tax rate
17.9%
82.1%
Net pay
17.9%
Total tax
Total tax
Net pay
The Taxberg
$4,140
Net pay
$199
Tax the employer pays
$900
Tax you pay
Total tax paid
$1,099
Did you know your employer also pays tax on your salary? It costs the employer $199 to pay you $5,040. In other words, every time you spend $10 of your hard-earned money, $2.18 goes to the government.
Real tax rate
21.0%
So, with you and the employer both paying tax, what used to be a 17.9% tax rate now rises to 21.0%, meaning your real tax rate is actually 3.1% higher than what it seemed at first.
Summary
If you make $5,040 a year living in the region of Nunavut, Canada, you will be taxed $900. That means that your net pay will be $4,140 per year, or $345 per month. Your average tax rate is 17.9% 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.
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 4,412
12.5%
1
British Columbia
CAD 4,335
14.0%
2
Ontario
CAD 4,332
14.0%
3
Nunavut
CAD 4,140
17.9%
4
Yukon
CAD 4,105
18.5%
5
Northwest Territories
CAD 4,047
19.7%
6
Newfoundland and Labrador
CAD 3,911
22.4%
7
Nova Scotia
CAD 3,906
22.5%
8
New Brunswick
CAD 3,877
23.1%
9
Prince Edward Island
CAD 3,857
23.5%
10
Alberta
CAD 3,848
23.7%
11
Saskatchewan
CAD 3,823
24.1%
12
Manitoba
CAD 3,809
24.4%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 5,040
0.0%
1
Germany
CAD 5,040
0.0%
2
Austria
CAD 5,040
0.0%
3
Ireland
CAD 5,040
0.0%
4
Norway
CAD 5,040
0.0%
5
Spain
CAD 4,720
6.4%
6
Switzerland
CAD 4,659
7.6%
7
Italy
CAD 4,577
9.2%
8
France
CAD 4,551
9.7%
9
Czech Republic
CAD 4,486
11.0%
10
Luxembourg
CAD 4,483
11.1%
11
Russia
CAD 4,385
13.0%
12
Sweden
CAD 4,278
15.1%
13
Hungary
CAD 4,108
18.5%
14
Ukraine
CAD 4,057
19.5%
15
Poland
CAD 3,958
21.5%
16
Greece
CAD 3,939
21.9%
17
Portugal
CAD 3,752
25.6%
18
Finland
CAD 3,490
30.8%
19
Belgium
CAD 3,427
32.0%
20
Denmark
CAD 3,306
34.4%
21
Netherlands
CAD 3,171
37.1%
22
Romania
CAD 2,948
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 4,603
8.7%
1
Canada
CAD 4,332
14.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 5,040
0.0%
1
Singapore
CAD 5,040
0.0%
2
Hong Kong
CAD 5,040
0.0%
3
Pakistan
CAD 4,974
1.3%
4
Thailand
CAD 4,788
5.0%
5
Philippines
CAD 4,777
5.2%
6
Indonesia
CAD 4,630
8.1%
7
Taiwan
CAD 4,594
8.9%
8
South Korea
CAD 4,497
10.8%
9
Malaysia
CAD 4,445
11.8%
10
New Zealand
CAD 4,441
11.9%
11
India
CAD 4,435
12.0%
12
China
CAD 4,319
14.3%
13
Vietnam
CAD 4,225
16.2%
14
Japan
CAD 4,095
18.7%
15
Kazakhstan
CAD 3,992
20.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
CAD 4,822
4.3%
1
Colombia
CAD 5,087
7.3%
2
Brazil
CAD 4,639
8.0%
3
Puerto Rico
CAD 4,639
8.0%
4
Ecuador
CAD 4,564
9.5%
5
Guatemala
CAD 4,557
9.6%
6
Costa Rica
CAD 4,511
10.5%
7
Panama
CAD 4,486
11.0%
8
Peru
CAD 4,410
12.5%
9
Chile
CAD 4,153
17.6%
10
Uruguay
CAD 4,064
19.4%
11
Argentina
CAD 3,530
30.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 4,990
1.0%
1
Morocco
CAD 4,652
7.7%
2
Kenya
CAD 4,299
14.7%
3
Ivory Coast
CAD 4,242
15.8%
4
Cameroon
CAD 4,239
15.9%
5
Mozambique
CAD 4,098
18.7%
6
Zambia
CAD 4,007
20.5%
7
Ghana
CAD 3,938
21.9%
8
Angola
CAD 3,842
23.8%
9
Senegal
CAD 3,708
26.4%
10
Uganda
CAD 3,687
26.9%
11
Nigeria
CAD 3,601
28.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
CAD 5,040
0.0%
1
United Arab Emirates
CAD 4,788
5.0%
2
Qatar
CAD 4,788
5.0%
3
Bahrain
CAD 4,637
8.0%
4
Oman
CAD 4,637
8.0%
5
Kuwait
CAD 4,486
11.0%
6
Israel
CAD 4,377
13.2%
7
Lebanon
CAD 4,044
19.8%
8
Egypt
CAD 3,974
21.2%
9
Turkey
CAD 3,199
36.5%
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.