Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$18,372
Federal tax deduction
- $2,392
Provincial tax deduction
- $870
CPP deduction
- $848
EI deduction
- $290
Total tax
- $4,400
Net pay
* $13,972
Marginal tax rate
25.9%
Average tax rate
24.0%
76.0%
Net pay
24.0%
Total tax
Total tax
Net pay
The Taxberg
$13,972
Net pay
$1,254
Tax the employer pays
$4,400
Tax you pay
Total tax paid
$5,654
Did you know your employer also pays tax on your salary? It costs the employer $1,254 to pay you $18,372. In other words, every time you spend $10 of your hard-earned money, $3.08 goes to the government.
Real tax rate
28.8%
So, with you and the employer both paying tax, what used to be a 24% tax rate now rises to 28.8%, meaning your real tax rate is actually 4.8% higher than what it seemed at first.
Summary
If you make $18,372 a year living in the region of Ontario, Canada, you will be taxed $4,400. That means that your net pay will be $13,972 per year, or $1,164 per month. Your average tax rate is 24.0% 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
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 14,991
18.4%
1
British Columbia
CAD 14,461
21.3%
2
Nunavut
CAD 14,153
23.0%
3
Ontario
CAD 13,972
24.0%
4
Northwest Territories
CAD 13,825
24.7%
5
Yukon
CAD 13,821
24.8%
6
Newfoundland and Labrador
CAD 13,343
27.4%
7
Nova Scotia
CAD 13,327
27.5%
8
New Brunswick
CAD 13,222
28.0%
9
Prince Edward Island
CAD 13,153
28.4%
10
Alberta
CAD 13,119
28.6%
11
Saskatchewan
CAD 13,032
29.1%
12
Manitoba
CAD 12,981
29.3%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 18,372
0.0%
1
Ireland
CAD 18,372
0.0%
2
Spain
CAD 17,205
6.4%
3
Switzerland
CAD 17,085
7.0%
4
France
CAD 16,440
10.5%
5
Norway
CAD 16,338
11.1%
6
Luxembourg
CAD 16,088
12.4%
7
Russia
CAD 15,984
13.0%
8
Italy
CAD 15,970
13.1%
9
Austria
CAD 15,620
15.0%
10
Czech Republic
CAD 15,399
16.2%
11
Hungary
CAD 14,973
18.5%
12
Ukraine
CAD 14,789
19.5%
13
Germany
CAD 14,757
19.7%
14
Greece
CAD 14,235
22.5%
15
Sweden
CAD 14,108
23.2%
16
Poland
CAD 13,468
26.7%
17
Portugal
CAD 12,888
29.9%
18
Finland
CAD 12,723
30.8%
19
Belgium
CAD 12,493
32.0%
20
Denmark
CAD 12,276
33.2%
21
Netherlands
CAD 11,561
37.1%
22
Romania
CAD 10,748
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 16,478
10.3%
1
Canada
CAD 13,972
24.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 18,037
1.8%
1
Hong Kong
CAD 17,453
5.0%
2
Thailand
CAD 17,113
6.9%
3
Taiwan
CAD 16,746
8.9%
4
Pakistan
CAD 16,230
11.7%
5
South Korea
CAD 16,085
12.5%
6
Malaysia
CAD 15,793
14.0%
7
New Zealand
CAD 15,715
14.5%
8
Indonesia
CAD 15,669
14.7%
9
Philippines
CAD 15,159
17.5%
10
Japan
CAD 14,929
18.7%
11
Singapore
CAD 14,699
20.0%
12
Kazakhstan
CAD 14,551
20.8%
13
Vietnam
CAD 14,245
22.5%
14
India
CAD 13,661
25.6%
15
China
CAD 13,023
29.1%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 16,864
8.2%
1
Guatemala
CAD 16,610
9.6%
2
Ecuador
CAD 16,594
9.7%
3
Colombia
CAD 16,588
9.7%
4
Costa Rica
CAD 16,443
10.5%
5
Panama
CAD 16,199
11.8%
6
Mexico
CAD 15,147
17.6%
7
Chile
CAD 15,076
17.9%
8
Uruguay
CAD 14,647
20.3%
9
Peru
CAD 14,336
22.0%
10
Brazil
CAD 14,331
22.0%
11
Argentina
CAD 11,932
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 16,098
12.4%
1
Mozambique
CAD 13,996
23.8%
2
Morocco
CAD 13,969
24.0%
3
Angola
CAD 13,607
25.9%
4
Ivory Coast
CAD 13,601
26.0%
5
Kenya
CAD 13,566
26.2%
6
Ghana
CAD 13,387
27.1%
7
Cameroon
CAD 12,955
29.5%
8
Nigeria
CAD 12,670
31.0%
9
Uganda
CAD 12,351
32.8%
10
Senegal
CAD 12,291
33.1%
11
Zambia
CAD 11,706
36.3%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 17,453
5.0%
1
Qatar
CAD 17,453
5.0%
2
Bahrain
CAD 16,902
8.0%
3
Oman
CAD 16,902
8.0%
4
Saudi Arabia
CAD 16,535
10.0%
5
Kuwait
CAD 16,351
11.0%
6
Israel
CAD 15,956
13.2%
7
Egypt
CAD 14,164
22.9%
8
Lebanon
CAD 14,043
23.6%
9
Turkey
CAD 10,176
44.6%
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.