Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$18,464
Federal tax deduction
- $2,405
Provincial tax deduction
- $875
CPP deduction
- $853
EI deduction
- $292
Total tax
- $4,424
Net pay
* $14,040
Marginal tax rate
25.9%
Average tax rate
24.0%
76.0%
Net pay
24.0%
Total tax
Total tax
Net pay
The Taxberg
$14,040
Net pay
$1,261
Tax the employer pays
$4,424
Tax you pay
Total tax paid
$5,686
Did you know your employer also pays tax on your salary? It costs the employer $1,261 to pay you $18,464. 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 $18,464 a year living in the region of Ontario, Canada, you will be taxed $4,424. That means that your net pay will be $14,040 per year, or $1,170 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 15,052
18.5%
1
British Columbia
CAD 14,529
21.3%
2
Nunavut
CAD 14,222
23.0%
3
Ontario
CAD 14,040
24.0%
4
Northwest Territories
CAD 13,893
24.8%
5
Yukon
CAD 13,888
24.8%
6
Newfoundland and Labrador
CAD 13,408
27.4%
7
Nova Scotia
CAD 13,392
27.5%
8
New Brunswick
CAD 13,286
28.0%
9
Prince Edward Island
CAD 13,217
28.4%
10
Alberta
CAD 13,183
28.6%
11
Saskatchewan
CAD 13,096
29.1%
12
Manitoba
CAD 13,044
29.4%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 18,464
0.0%
1
Ireland
CAD 18,464
0.0%
2
Spain
CAD 17,292
6.4%
3
Switzerland
CAD 17,170
7.0%
4
France
CAD 16,514
10.6%
5
Norway
CAD 16,412
11.1%
6
Luxembourg
CAD 16,161
12.5%
7
Russia
CAD 16,064
13.0%
8
Italy
CAD 16,026
13.2%
9
Austria
CAD 15,699
15.0%
10
Czech Republic
CAD 15,467
16.2%
11
Hungary
CAD 15,048
18.5%
12
Ukraine
CAD 14,864
19.5%
13
Germany
CAD 14,831
19.7%
14
Greece
CAD 14,297
22.6%
15
Sweden
CAD 14,170
23.3%
16
Poland
CAD 13,526
26.7%
17
Portugal
CAD 12,943
29.9%
18
Finland
CAD 12,786
30.8%
19
Belgium
CAD 12,556
32.0%
20
Denmark
CAD 12,338
33.2%
21
Netherlands
CAD 11,619
37.1%
22
Romania
CAD 10,801
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 16,550
10.4%
1
Canada
CAD 14,040
24.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 18,108
1.9%
1
Hong Kong
CAD 17,541
5.0%
2
Thailand
CAD 17,195
6.9%
3
Taiwan
CAD 16,830
8.9%
4
Pakistan
CAD 16,302
11.7%
5
South Korea
CAD 16,164
12.5%
6
Malaysia
CAD 15,868
14.1%
7
New Zealand
CAD 15,790
14.5%
8
Indonesia
CAD 15,745
14.7%
9
Philippines
CAD 15,225
17.5%
10
Japan
CAD 15,004
18.7%
11
Singapore
CAD 14,772
20.0%
12
Kazakhstan
CAD 14,624
20.8%
13
Vietnam
CAD 14,311
22.5%
14
India
CAD 13,714
25.7%
15
China
CAD 13,087
29.1%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 16,943
8.2%
1
Guatemala
CAD 16,694
9.6%
2
Ecuador
CAD 16,673
9.7%
3
Colombia
CAD 16,667
9.7%
4
Costa Rica
CAD 16,525
10.5%
5
Panama
CAD 16,268
11.9%
6
Mexico
CAD 15,217
17.6%
7
Chile
CAD 15,148
18.0%
8
Uruguay
CAD 14,717
20.3%
9
Peru
CAD 14,405
22.0%
10
Brazil
CAD 14,389
22.1%
11
Argentina
CAD 11,992
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 16,166
12.5%
1
Mozambique
CAD 14,062
23.8%
2
Morocco
CAD 14,029
24.0%
3
Angola
CAD 13,674
25.9%
4
Ivory Coast
CAD 13,662
26.0%
5
Kenya
CAD 13,631
26.2%
6
Ghana
CAD 13,452
27.1%
7
Cameroon
CAD 13,008
29.6%
8
Nigeria
CAD 12,732
31.0%
9
Uganda
CAD 12,411
32.8%
10
Senegal
CAD 12,349
33.1%
11
Zambia
CAD 11,762
36.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 17,541
5.0%
1
Qatar
CAD 17,541
5.0%
2
Bahrain
CAD 16,987
8.0%
3
Oman
CAD 16,987
8.0%
4
Saudi Arabia
CAD 16,618
10.0%
5
Kuwait
CAD 16,433
11.0%
6
Israel
CAD 16,036
13.2%
7
Egypt
CAD 14,233
22.9%
8
Lebanon
CAD 14,112
23.6%
9
Turkey
CAD 10,211
44.7%
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.