Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$11,680
Federal tax deduction
- $1,461
Provincial tax deduction
- $557
CPP deduction
- $466
EI deduction
- $185
Total tax
- $2,669
Net pay
* $9,011
Marginal tax rate
25.9%
Average tax rate
22.9%
77.1%
Net pay
22.9%
Total tax
Total tax
Net pay
The Taxberg
$9,011
Net pay
$725
Tax the employer pays
$2,669
Tax you pay
Total tax paid
$3,394
Did you know your employer also pays tax on your salary? It costs the employer $725 to pay you $11,680. In other words, every time you spend $10 of your hard-earned money, $2.91 goes to the government.
Real tax rate
27.4%
So, with you and the employer both paying tax, what used to be a 22.9% tax rate now rises to 27.4%, meaning your real tax rate is actually 4.5% higher than what it seemed at first.
Summary
If you make $11,680 a year living in the region of Ontario, Canada, you will be taxed $2,669. That means that your net pay will be $9,011 per year, or $751 per month. Your average tax rate is 22.9% and your marginal tax rate is 25.9%. 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 $25.87, hence, your net pay will only increase by $74.13.
Bonus Example
A $1,000 bonus will generate an extra $741 of net incomes. A $5,000 bonus will generate an extra $3,707 of net incomes.
Compare average tax
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 11,680
0.0%
1
Hong Kong
CAD 11,680
0.0%
2
Thailand
CAD 11,054
5.4%
3
Pakistan
CAD 10,882
6.8%
4
Taiwan
CAD 10,646
8.9%
5
Malaysia
CAD 10,308
11.8%
6
South Korea
CAD 10,298
11.8%
7
New Zealand
CAD 10,287
11.9%
8
Philippines
CAD 10,164
13.0%
9
Indonesia
CAD 10,151
13.1%
10
Japan
CAD 9,491
18.7%
11
Vietnam
CAD 9,381
19.7%
12
India
CAD 9,354
19.9%
13
Singapore
CAD 9,347
20.0%
14
Kazakhstan
CAD 9,251
20.8%
15
China
CAD 8,355
28.5%
16
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 10,730
8.1%
1
Morocco
CAD 9,641
17.5%
2
Mozambique
CAD 9,178
21.4%
3
Ivory Coast
CAD 9,033
22.7%
4
Cameroon
CAD 9,014
22.8%
5
Kenya
CAD 8,899
23.8%
6
Angola
CAD 8,719
25.4%
7
Ghana
CAD 8,644
26.0%
8
Nigeria
CAD 8,118
30.5%
9
Uganda
CAD 8,002
31.5%
10
Senegal
CAD 7,959
31.9%
11
Zambia
CAD 7,758
33.6%
12
Show more
NOTE* Withholding is calculated based on the Ontario 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.