Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$7,020
Federal tax deduction
- $813
Provincial tax deduction
- $268
CPP deduction
- $201
EI deduction
- $111
Total tax
- $1,393
Net pay
* $5,627
Marginal tax rate
24.9%
Average tax rate
19.8%
80.2%
Net pay
19.8%
Total tax
Total tax
Net pay
The Taxberg
$5,627
Net pay
$356
Tax the employer pays
$1,393
Tax you pay
Total tax paid
$1,749
Did you know your employer also pays tax on your salary? It costs the employer $356 to pay you $7,020. In other words, every time you spend $10 of your hard-earned money, $2.49 goes to the government.
Real tax rate
23.7%
So, with you and the employer both paying tax, what used to be a 19.8% tax rate now rises to 23.7%, meaning your real tax rate is actually 3.9% higher than what it seemed at first.
Summary
If you make $7,020 a year living in the region of Nunavut, Canada, you will be taxed $1,393. That means that your net pay will be $5,627 per year, or $469 per month. Your average tax rate is 19.9% 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 $24.89, 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
Quebec
CAD 6,009
14.4%
1
British Columbia
CAD 5,895
16.0%
2
Ontario
CAD 5,732
18.4%
3
Nunavut
CAD 5,627
19.8%
4
Yukon
CAD 5,548
21.0%
5
Northwest Territories
CAD 5,499
21.7%
6
Newfoundland and Labrador
CAD 5,312
24.3%
7
Nova Scotia
CAD 5,306
24.4%
8
New Brunswick
CAD 5,265
25.0%
9
Prince Edward Island
CAD 5,238
25.4%
10
Alberta
CAD 5,224
25.6%
11
Saskatchewan
CAD 5,191
26.1%
12
Manitoba
CAD 5,171
26.3%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 7,020
0.0%
1
Germany
CAD 7,020
0.0%
2
Austria
CAD 7,020
0.0%
3
Ireland
CAD 7,020
0.0%
4
Norway
CAD 7,020
0.0%
5
Spain
CAD 6,574
6.4%
6
Switzerland
CAD 6,505
7.3%
7
Italy
CAD 6,375
9.2%
8
France
CAD 6,339
9.7%
9
Czech Republic
CAD 6,248
11.0%
10
Luxembourg
CAD 6,244
11.1%
11
Russia
CAD 6,107
13.0%
12
Hungary
CAD 5,721
18.5%
13
Sweden
CAD 5,705
18.7%
14
Ukraine
CAD 5,651
19.5%
15
Poland
CAD 5,512
21.5%
16
Greece
CAD 5,486
21.9%
17
Portugal
CAD 5,226
25.6%
18
Finland
CAD 4,861
30.8%
19
Belgium
CAD 4,774
32.0%
20
Denmark
CAD 4,638
33.9%
21
Netherlands
CAD 4,417
37.1%
22
Romania
CAD 4,107
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 6,412
8.7%
1
Canada
CAD 5,732
18.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 7,020
0.0%
1
Hong Kong
CAD 7,020
0.0%
2
Pakistan
CAD 6,805
3.1%
3
Thailand
CAD 6,643
5.4%
4
Philippines
CAD 6,574
6.4%
5
Singapore
CAD 6,573
6.4%
6
Taiwan
CAD 6,399
8.9%
7
Indonesia
CAD 6,309
10.1%
8
South Korea
CAD 6,229
11.3%
9
Malaysia
CAD 6,190
11.8%
10
New Zealand
CAD 6,185
11.9%
11
India
CAD 6,178
12.0%
12
Vietnam
CAD 5,819
17.1%
13
Japan
CAD 5,704
18.7%
14
Kazakhstan
CAD 5,560
20.8%
15
China
CAD 5,277
24.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Colombia
CAD 6,909
7.5%
1
Puerto Rico
CAD 6,462
8.0%
2
Brazil
CAD 6,368
9.3%
3
Ecuador
CAD 6,357
9.5%
4
Guatemala
CAD 6,347
9.6%
5
Mexico
CAD 6,313
10.1%
6
Costa Rica
CAD 6,283
10.5%
7
Panama
CAD 6,248
11.0%
8
Peru
CAD 6,142
12.5%
9
Chile
CAD 5,784
17.6%
10
Uruguay
CAD 5,609
20.1%
11
Argentina
CAD 4,560
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 6,930
1.3%
1
Morocco
CAD 6,310
10.1%
2
Cameroon
CAD 5,789
17.5%
3
Ivory Coast
CAD 5,738
18.3%
4
Kenya
CAD 5,665
19.3%
5
Mozambique
CAD 5,623
19.9%
6
Ghana
CAD 5,342
23.9%
7
Angola
CAD 5,302
24.5%
8
Zambia
CAD 5,125
27.0%
9
Senegal
CAD 4,983
29.0%
10
Uganda
CAD 4,973
29.2%
11
Nigeria
CAD 4,948
29.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 6,669
5.0%
1
Qatar
CAD 6,669
5.0%
2
Saudi Arabia
CAD 6,538
6.9%
3
Bahrain
CAD 6,458
8.0%
4
Oman
CAD 6,458
8.0%
5
Kuwait
CAD 6,248
11.0%
6
Israel
CAD 6,097
13.2%
7
Egypt
CAD 5,533
21.2%
8
Lebanon
CAD 5,529
21.3%
9
Turkey
CAD 4,352
38.0%
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.