Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$17,020
Federal tax deduction
- $2,204
Provincial tax deduction
- $807
CPP deduction
- $771
EI deduction
- $269
Total tax
- $4,051
Net pay
* $12,969
Marginal tax rate
25.9%
Average tax rate
23.8%
76.2%
Net pay
23.8%
Total tax
Total tax
Net pay
The Taxberg
$12,969
Net pay
$1,147
Tax the employer pays
$4,051
Tax you pay
Total tax paid
$5,198
Did you know your employer also pays tax on your salary? It costs the employer $1,147 to pay you $17,020. In other words, every time you spend $10 of your hard-earned money, $3.05 goes to the government.
Real tax rate
28.6%
So, with you and the employer both paying tax, what used to be a 23.8% tax rate now rises to 28.6%, meaning your real tax rate is actually 4.8% higher than what it seemed at first.
Summary
If you make $17,020 a year living in the region of Ontario, Canada, you will be taxed $4,051. That means that your net pay will be $12,969 per year, or $1,081 per month. Your average tax rate is 23.8% 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
North America
Country 
Net pay
Average tax
Rank
USA
CAD 15,319
10.0%
1
Canada
CAD 12,969
23.8%
2
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 16,169
5.0%
1
Qatar
CAD 16,169
5.0%
2
Bahrain
CAD 15,658
8.0%
3
Oman
CAD 15,658
8.0%
4
Saudi Arabia
CAD 15,318
10.0%
5
Kuwait
CAD 15,148
11.0%
6
Israel
CAD 14,782
13.2%
7
Egypt
CAD 13,150
22.7%
8
Lebanon
CAD 13,029
23.5%
9
Turkey
CAD 9,627
43.4%
10
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.