Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$702
Provincial tax deduction
- $27.63
EI deduction
- $11.09
Total tax
- $38.73
Net pay
* $663
Marginal tax rate
5.5%
Average tax rate
5.5%
94.5%
Net pay
5.5%
Total tax
Total tax
Net pay
The Taxberg
$663
Net pay
$15.53
Tax the employer pays
$38.73
Tax you pay
Total tax paid
$54.26
Did you know your employer also pays tax on your salary? It costs the employer $15.53 to pay you $702. In other words, every time you spend $10 of your hard-earned money, $0.77 goes to the government.
Real tax rate
7.6%
So, with you and the employer both paying tax, what used to be a 5.5% tax rate now rises to 7.6%, meaning your real tax rate is actually 2.1% higher than what it seemed at first.
Summary
If you make $702 a year living in the region of Nunavut, Canada, you will be taxed $38.73. That means that your net pay will be $663 per year, or $55.27 per month. Your average tax rate is 5.5% and your marginal tax rate is 5.5%. 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 $5.51, hence, your net pay will only increase by $94.49.
Bonus Example
A $1,000 bonus will generate an extra $945 of net incomes. A $5,000 bonus will generate an extra $4,725 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
British Columbia
CAD 691
1.6%
1
Ontario
CAD 691
1.6%
2
Yukon
CAD 691
1.6%
3
Quebec
CAD 690
1.7%
4
Newfoundland and Labrador
CAD 631
10.1%
5
Nova Scotia
CAD 630
10.2%
6
New Brunswick
CAD 626
10.8%
7
Prince Edward Island
CAD 623
11.2%
8
Alberta
CAD 622
11.4%
9
Saskatchewan
CAD 618
11.9%
10
Manitoba
CAD 616
12.2%
11
Nunavut
CAD 663
5.5%
12
Northwest Territories
CAD 650
7.4%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 702
0.0%
1
Germany
CAD 702
0.0%
2
Austria
CAD 702
0.0%
3
Ireland
CAD 702
0.0%
4
Sweden
CAD 702
0.0%
5
Norway
CAD 702
0.0%
6
Spain
CAD 657
6.4%
7
Italy
CAD 637
9.2%
8
France
CAD 634
9.7%
9
Czech Republic
CAD 625
11.0%
10
Luxembourg
CAD 624
11.1%
11
Switzerland
CAD 616
12.2%
12
Russia
CAD 611
13.0%
13
Hungary
CAD 572
18.5%
14
Ukraine
CAD 565
19.5%
15
Poland
CAD 551
21.5%
16
Greece
CAD 549
21.9%
17
Portugal
CAD 523
25.6%
18
Finland
CAD 486
30.8%
19
Belgium
CAD 477
32.0%
20
Netherlands
CAD 441
37.2%
21
Romania
CAD 411
41.5%
22
Denmark
CAD 383
45.5%
23
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North America
Country 
Net pay
Average tax
Rank
Canada
CAD 691
1.6%
1
USA
CAD 641
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 702
0.0%
1
Singapore
CAD 702
0.0%
2
Hong Kong
CAD 702
0.0%
3
Pakistan
CAD 687
2.1%
4
Thailand
CAD 667
5.0%
5
Indonesia
CAD 640
8.8%
6
Taiwan
CAD 640
8.9%
7
South Korea
CAD 627
10.7%
8
Philippines
CAD 623
11.3%
9
New Zealand
CAD 619
11.9%
10
India
CAD 618
12.0%
11
Malaysia
CAD 615
12.5%
12
China
CAD 609
13.2%
13
Vietnam
CAD 597
15.0%
14
Japan
CAD 570
18.7%
15
Kazakhstan
CAD 556
20.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Mexico
CAD 685
2.4%
1
Brazil
CAD 649
7.5%
2
Puerto Rico
CAD 646
8.0%
3
Colombia
CAD 646
8.0%
4
Ecuador
CAD 636
9.5%
5
Guatemala
CAD 635
9.6%
6
Costa Rica
CAD 628
10.5%
7
Panama
CAD 625
11.0%
8
Peru
CAD 614
12.5%
9
Argentina
CAD 583
17.0%
10
Chile
CAD 578
17.6%
11
Uruguay
CAD 575
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 695
1.0%
1
Uganda
CAD 665
5.3%
2
Zambia
CAD 660
6.0%
3
Morocco
CAD 655
6.7%
4
Ivory Coast
CAD 649
7.5%
5
Senegal
CAD 640
8.9%
6
Ghana
CAD 632
9.9%
7
Kenya
CAD 622
11.4%
8
Mozambique
CAD 599
14.7%
9
Cameroon
CAD 592
15.6%
10
Nigeria
CAD 564
19.7%
11
Angola
CAD 563
19.7%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
CAD 702
0.0%
1
United Arab Emirates
CAD 667
5.0%
2
Qatar
CAD 667
5.0%
3
Bahrain
CAD 646
8.0%
4
Oman
CAD 646
8.0%
5
Lebanon
CAD 627
10.7%
6
Kuwait
CAD 625
11.0%
7
Egypt
CAD 620
11.8%
8
Israel
CAD 610
13.2%
9
Turkey
CAD 591
15.8%
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.