Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$18,692
Federal tax deduction
- $2,437
Provincial tax deduction
- $885
CPP deduction
- $866
EI deduction
- $295
Total tax
- $4,483
Net pay
* $14,209
Marginal tax rate
25.9%
Average tax rate
24.0%
76.0%
Net pay
24.0%
Total tax
Total tax
Net pay
The Taxberg
$14,209
Net pay
$1,279
Tax the employer pays
$4,483
Tax you pay
Total tax paid
$5,763
Did you know your employer also pays tax on your salary? It costs the employer $1,279 to pay you $18,692. In other words, every time you spend $10 of your hard-earned money, $3.08 goes to the government.
Real tax rate
28.9%
So, with you and the employer both paying tax, what used to be a 24% tax rate now rises to 28.9%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
Summary
If you make $18,692 a year living in the region of Ontario, Canada, you will be taxed $4,483. That means that your net pay will be $14,209 per year, or $1,184 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.
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 15,204
18.7%
1
British Columbia
CAD 14,698
21.4%
2
Nunavut
CAD 14,393
23.0%
3
Ontario
CAD 14,209
24.0%
4
Northwest Territories
CAD 14,060
24.8%
5
Yukon
CAD 14,055
24.8%
6
Newfoundland and Labrador
CAD 13,569
27.4%
7
Nova Scotia
CAD 13,553
27.5%
8
New Brunswick
CAD 13,446
28.1%
9
Prince Edward Island
CAD 13,376
28.4%
10
Alberta
CAD 13,341
28.6%
11
Saskatchewan
CAD 13,253
29.1%
12
Manitoba
CAD 13,201
29.4%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 18,692
0.0%
1
Ireland
CAD 18,692
0.0%
2
Spain
CAD 17,505
6.4%
3
Switzerland
CAD 17,383
7.0%
4
France
CAD 16,697
10.7%
5
Norway
CAD 16,595
11.2%
6
Luxembourg
CAD 16,341
12.6%
7
Russia
CAD 16,262
13.0%
8
Italy
CAD 16,165
13.5%
9
Austria
CAD 15,892
15.0%
10
Czech Republic
CAD 15,635
16.4%
11
Hungary
CAD 15,234
18.5%
12
Ukraine
CAD 15,047
19.5%
13
Germany
CAD 15,014
19.7%
14
Greece
CAD 14,450
22.7%
15
Sweden
CAD 14,323
23.4%
16
Poland
CAD 13,672
26.9%
17
Portugal
CAD 13,081
30.0%
18
Finland
CAD 12,944
30.8%
19
Belgium
CAD 12,711
32.0%
20
Denmark
CAD 12,491
33.2%
21
Netherlands
CAD 11,762
37.1%
22
Romania
CAD 10,935
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 16,727
10.5%
1
Canada
CAD 14,209
24.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 18,284
2.2%
1
Hong Kong
CAD 17,757
5.0%
2
Thailand
CAD 17,401
6.9%
3
Taiwan
CAD 17,038
8.9%
4
Pakistan
CAD 16,482
11.8%
5
South Korea
CAD 16,359
12.5%
6
Malaysia
CAD 16,054
14.1%
7
New Zealand
CAD 15,975
14.5%
8
Indonesia
CAD 15,933
14.8%
9
Philippines
CAD 15,389
17.7%
10
Japan
CAD 15,189
18.7%
11
Singapore
CAD 14,954
20.0%
12
Kazakhstan
CAD 14,807
20.8%
13
Vietnam
CAD 14,474
22.6%
14
India
CAD 13,843
25.9%
15
China
CAD 13,246
29.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 17,138
8.3%
1
Guatemala
CAD 16,900
9.6%
2
Ecuador
CAD 16,869
9.8%
3
Colombia
CAD 16,861
9.8%
4
Costa Rica
CAD 16,729
10.5%
5
Panama
CAD 16,441
12.0%
6
Mexico
CAD 15,390
17.7%
7
Chile
CAD 15,329
18.0%
8
Uruguay
CAD 14,890
20.3%
9
Peru
CAD 14,577
22.0%
10
Brazil
CAD 14,531
22.3%
11
Argentina
CAD 12,140
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 16,335
12.6%
1
Mozambique
CAD 14,226
23.9%
2
Morocco
CAD 14,176
24.2%
3
Angola
CAD 13,840
26.0%
4
Ivory Coast
CAD 13,812
26.1%
5
Kenya
CAD 13,790
26.2%
6
Ghana
CAD 13,614
27.2%
7
Cameroon
CAD 13,141
29.7%
8
Nigeria
CAD 12,887
31.1%
9
Uganda
CAD 12,559
32.8%
10
Senegal
CAD 12,492
33.2%
11
Zambia
CAD 11,902
36.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 17,757
5.0%
1
Qatar
CAD 17,757
5.0%
2
Bahrain
CAD 17,197
8.0%
3
Oman
CAD 17,197
8.0%
4
Saudi Arabia
CAD 16,823
10.0%
5
Kuwait
CAD 16,636
11.0%
6
Israel
CAD 16,234
13.2%
7
Egypt
CAD 14,404
22.9%
8
Lebanon
CAD 14,283
23.6%
9
Turkey
CAD 10,301
44.9%
10
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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.