Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$1,960
Federal tax deduction
- $98.12
EI deduction
- $30.97
Total tax
- $129
Net pay
* $1,831
Marginal tax rate
14.5%
Average tax rate
6.6%
93.4%
Net pay
6.6%
Total tax
Total tax
Net pay
The Taxberg
$1,831
Net pay
$43.36
Tax the employer pays
$129
Tax you pay
Total tax paid
$172
Did you know your employer also pays tax on your salary? It costs the employer $43.36 to pay you $1,960. In other words, every time you spend $10 of your hard-earned money, $0.88 goes to the government.
Real tax rate
8.6%
So, with you and the employer both paying tax, what used to be a 6.6% tax rate now rises to 8.6%, meaning your real tax rate is actually 2% higher than what it seemed at first.
Summary
If you make $1,960 a year living in the region of Ontario, Canada, you will be taxed $129. That means that your net pay will be $1,831 per year, or $153 per month. Your average tax rate is 6.6% and your marginal tax rate is 14.5%. 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 $14.53, hence, your net pay will only increase by $85.47.
Bonus Example
A $1,000 bonus will generate an extra $855 of net incomes. A $5,000 bonus will generate an extra $4,274 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 1,754
10.5%
1
Northwest Territories
CAD 1,717
12.4%
2
Newfoundland and Labrador
CAD 1,663
15.1%
3
Nova Scotia
CAD 1,661
15.2%
4
New Brunswick
CAD 1,650
15.8%
5
Prince Edward Island
CAD 1,642
16.2%
6
Alberta
CAD 1,638
16.4%
7
Saskatchewan
CAD 1,628
16.9%
8
Manitoba
CAD 1,623
17.2%
9
Quebec
CAD 1,845
5.9%
10
British Columbia
CAD 1,831
6.6%
11
Ontario
CAD 1,831
6.6%
12
Yukon
CAD 1,789
8.7%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 1,960
0.0%
1
Germany
CAD 1,960
0.0%
2
Austria
CAD 1,960
0.0%
3
Ireland
CAD 1,960
0.0%
4
Norway
CAD 1,960
0.0%
5
Sweden
CAD 1,955
0.2%
6
Spain
CAD 1,836
6.4%
7
Switzerland
CAD 1,789
8.7%
8
Italy
CAD 1,780
9.2%
9
France
CAD 1,770
9.7%
10
Czech Republic
CAD 1,744
11.0%
11
Luxembourg
CAD 1,743
11.1%
12
Russia
CAD 1,705
13.0%
13
Hungary
CAD 1,597
18.5%
14
Ukraine
CAD 1,578
19.5%
15
Poland
CAD 1,539
21.5%
16
Greece
CAD 1,532
21.9%
17
Portugal
CAD 1,459
25.6%
18
Finland
CAD 1,357
30.8%
19
Belgium
CAD 1,333
32.0%
20
Denmark
CAD 1,234
37.0%
21
Netherlands
CAD 1,233
37.1%
22
Romania
CAD 1,147
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
Canada
CAD 1,831
6.6%
1
USA
CAD 1,790
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 1,960
0.0%
1
Singapore
CAD 1,960
0.0%
2
Hong Kong
CAD 1,960
0.0%
3
Pakistan
CAD 1,945
0.8%
4
Thailand
CAD 1,862
5.0%
5
Philippines
CAD 1,823
7.0%
6
Indonesia
CAD 1,796
8.4%
7
Taiwan
CAD 1,787
8.9%
8
South Korea
CAD 1,751
10.7%
9
New Zealand
CAD 1,727
11.9%
10
India
CAD 1,725
12.0%
11
Malaysia
CAD 1,722
12.2%
12
China
CAD 1,702
13.2%
13
Vietnam
CAD 1,666
15.0%
14
Japan
CAD 1,593
18.7%
15
Kazakhstan
CAD 1,552
20.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
CAD 1,913
2.4%
1
Brazil
CAD 1,813
7.5%
2
Puerto Rico
CAD 1,804
8.0%
3
Colombia
CAD 1,803
8.0%
4
Ecuador
CAD 1,775
9.5%
5
Guatemala
CAD 1,772
9.6%
6
Costa Rica
CAD 1,754
10.5%
7
Panama
CAD 1,744
11.0%
8
Peru
CAD 1,715
12.5%
9
Argentina
CAD 1,627
17.0%
10
Chile
CAD 1,615
17.6%
11
Uruguay
CAD 1,605
18.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 1,940
1.0%
1
Zambia
CAD 1,842
6.0%
2
Morocco
CAD 1,828
6.7%
3
Ivory Coast
CAD 1,749
10.8%
4
Kenya
CAD 1,713
12.6%
5
Uganda
CAD 1,710
12.8%
6
Senegal
CAD 1,677
14.5%
7
Cameroon
CAD 1,654
15.6%
8
Mozambique
CAD 1,641
16.3%
9
Ghana
CAD 1,617
17.5%
10
Angola
CAD 1,536
21.6%
11
Nigeria
CAD 1,479
24.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
CAD 1,960
0.0%
1
United Arab Emirates
CAD 1,862
5.0%
2
Qatar
CAD 1,862
5.0%
3
Bahrain
CAD 1,803
8.0%
4
Oman
CAD 1,803
8.0%
5
Kuwait
CAD 1,744
11.0%
6
Israel
CAD 1,702
13.2%
7
Lebanon
CAD 1,672
14.7%
8
Turkey
CAD 1,618
17.4%
9
Egypt
CAD 1,617
17.5%
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.