Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$5,565
Federal tax deduction
- $611
Provincial tax deduction
- $214
CPP deduction
- $118
EI deduction
- $87.93
Total tax
- $1,031
Net pay
* $4,534
Marginal tax rate
24.9%
Average tax rate
18.5%
81.5%
Net pay
18.5%
Total tax
Total tax
Net pay
The Taxberg
$4,534
Net pay
$241
Tax the employer pays
$1,031
Tax you pay
Total tax paid
$1,272
Did you know your employer also pays tax on your salary? It costs the employer $241 to pay you $5,565. In other words, every time you spend $10 of your hard-earned money, $2.29 goes to the government.
Real tax rate
21.9%
So, with you and the employer both paying tax, what used to be a 18.5% tax rate now rises to 21.9%, meaning your real tax rate is actually 3.4% higher than what it seemed at first.
Summary
If you make $5,565 a year living in the region of Nunavut, Canada, you will be taxed $1,031. That means that your net pay will be $4,534 per year, or $378 per month. Your average tax rate is 18.5% 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
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 4,836
13.1%
1
British Columbia
CAD 4,749
14.7%
2
Ontario
CAD 4,710
15.4%
3
Nunavut
CAD 4,534
18.5%
4
Yukon
CAD 4,488
19.4%
5
Northwest Territories
CAD 4,432
20.4%
6
Newfoundland and Labrador
CAD 4,282
23.1%
7
Nova Scotia
CAD 4,277
23.1%
8
New Brunswick
CAD 4,245
23.7%
9
Prince Edward Island
CAD 4,223
24.1%
10
Alberta
CAD 4,213
24.3%
11
Saskatchewan
CAD 4,186
24.8%
12
Manitoba
CAD 4,170
25.1%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 5,083
8.7%
1
Canada
CAD 4,710
15.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 5,565
0.0%
1
Singapore
CAD 5,565
0.0%
2
Hong Kong
CAD 5,565
0.0%
3
Pakistan
CAD 5,486
1.4%
4
Philippines
CAD 5,294
4.9%
5
Thailand
CAD 5,287
5.0%
6
Indonesia
CAD 5,090
8.5%
7
Taiwan
CAD 5,072
8.9%
8
South Korea
CAD 4,958
10.9%
9
Malaysia
CAD 4,908
11.8%
10
New Zealand
CAD 4,903
11.9%
11
India
CAD 4,897
12.0%
12
Vietnam
CAD 4,648
16.5%
13
Japan
CAD 4,522
18.7%
14
Kazakhstan
CAD 4,407
20.8%
15
China
CAD 4,405
20.8%
16
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Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
CAD 5,565
0.0%
1
United Arab Emirates
CAD 5,287
5.0%
2
Qatar
CAD 5,287
5.0%
3
Bahrain
CAD 5,120
8.0%
4
Oman
CAD 5,120
8.0%
5
Kuwait
CAD 4,953
11.0%
6
Israel
CAD 4,833
13.2%
7
Lebanon
CAD 4,437
20.3%
8
Egypt
CAD 4,394
21.1%
9
Turkey
CAD 3,505
37.0%
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.