Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$18,522
Federal tax deduction
- $2,413
Provincial tax deduction
- $877
CPP deduction
- $856
EI deduction
- $293
Total tax
- $4,439
Net pay
* $14,083
Marginal tax rate
25.9%
Average tax rate
24.0%
76.0%
Net pay
24.0%
Total tax
Total tax
Net pay
The Taxberg
$14,083
Net pay
$1,266
Tax the employer pays
$4,439
Tax you pay
Total tax paid
$5,705
Did you know your employer also pays tax on your salary? It costs the employer $1,266 to pay you $18,522. 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 $18,522 a year living in the region of Ontario, Canada, you will be taxed $4,439. That means that your net pay will be $14,083 per year, or $1,174 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 15,091
18.5%
1
British Columbia
CAD 14,572
21.3%
2
Nunavut
CAD 14,265
23.0%
3
Ontario
CAD 14,083
24.0%
4
Northwest Territories
CAD 13,935
24.8%
5
Yukon
CAD 13,931
24.8%
6
Newfoundland and Labrador
CAD 13,449
27.4%
7
Nova Scotia
CAD 13,433
27.5%
8
New Brunswick
CAD 13,327
28.0%
9
Prince Edward Island
CAD 13,258
28.4%
10
Alberta
CAD 13,223
28.6%
11
Saskatchewan
CAD 13,136
29.1%
12
Manitoba
CAD 13,084
29.4%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 16,595
10.4%
1
Canada
CAD 14,083
24.0%
2
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.