Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$20,566
Federal tax deduction
- $2,697
Provincial tax deduction
- $1,007
CPP deduction
- $973
EI deduction
- $325
Total tax
- $5,002
Net pay
* $15,564
Marginal tax rate
31.9%
Average tax rate
24.3%
75.7%
Net pay
24.3%
Total tax
Total tax
Net pay
The Taxberg
$15,564
Net pay
$1,428
Tax the employer pays
$5,002
Tax you pay
Total tax paid
$6,430
Did you know your employer also pays tax on your salary? It costs the employer $1,428 to pay you $20,566. In other words, every time you spend $10 of your hard-earned money, $3.13 goes to the government.
Real tax rate
29.2%
So, with you and the employer both paying tax, what used to be a 24.3% tax rate now rises to 29.2%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
Summary
If you make $20,566 a year living in the region of Ontario, Canada, you will be taxed $5,002. That means that your net pay will be $15,564 per year, or $1,297 per month. Your average tax rate is 24.3% and your marginal tax rate is 31.9%. 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 $31.87, hence, your net pay will only increase by $68.13.
Bonus Example
A $1,000 bonus will generate an extra $681 of net incomes. A $5,000 bonus will generate an extra $3,407 of net incomes.
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 20,566
0.0%
1
Ireland
CAD 20,438
0.6%
2
Spain
CAD 19,260
6.4%
3
Switzerland
CAD 19,130
7.0%
4
France
CAD 18,204
11.5%
5
Norway
CAD 18,096
12.0%
6
Russia
CAD 17,892
13.0%
7
Luxembourg
CAD 17,810
13.4%
8
Austria
CAD 17,486
15.0%
9
Italy
CAD 17,306
15.9%
10
Czech Republic
CAD 17,022
17.2%
11
Hungary
CAD 16,761
18.5%
12
Ukraine
CAD 16,556
19.5%
13
Germany
CAD 16,520
19.7%
14
Greece
CAD 15,705
23.6%
15
Sweden
CAD 15,579
24.3%
16
Poland
CAD 14,869
27.7%
17
Portugal
CAD 14,215
30.9%
18
Finland
CAD 14,033
31.8%
19
Belgium
CAD 13,960
32.1%
20
Denmark
CAD 13,752
33.1%
21
Netherlands
CAD 12,942
37.1%
22
Romania
CAD 12,031
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 18,186
11.6%
1
Canada
CAD 15,564
24.3%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 19,736
4.0%
1
Hong Kong
CAD 19,538
5.0%
2
Thailand
CAD 19,028
7.5%
3
Taiwan
CAD 18,747
8.9%
4
South Korea
CAD 17,940
12.8%
5
Pakistan
CAD 17,893
13.0%
6
Malaysia
CAD 17,518
14.8%
7
New Zealand
CAD 17,495
14.9%
8
Indonesia
CAD 17,448
15.2%
9
Philippines
CAD 16,741
18.6%
10
Japan
CAD 16,672
18.9%
11
Singapore
CAD 16,458
20.0%
12
Kazakhstan
CAD 16,312
20.7%
13
Vietnam
CAD 15,816
23.1%
14
India
CAD 14,907
27.5%
15
China
CAD 14,553
29.2%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 18,737
8.9%
1
Guatemala
CAD 18,594
9.6%
2
Ecuador
CAD 18,481
10.1%
3
Colombia
CAD 18,419
10.4%
4
Costa Rica
CAD 18,407
10.5%
5
Panama
CAD 17,859
13.2%
6
Mexico
CAD 16,812
18.3%
7
Chile
CAD 16,811
18.3%
8
Uruguay
CAD 16,238
21.1%
9
Peru
CAD 15,987
22.3%
10
Brazil
CAD 15,721
23.6%
11
Argentina
CAD 13,358
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 17,721
13.8%
1
Mozambique
CAD 15,576
24.3%
2
Morocco
CAD 15,385
25.2%
3
Angola
CAD 15,203
26.1%
4
Kenya
CAD 15,102
26.6%
5
Ivory Coast
CAD 15,045
26.8%
6
Ghana
CAD 14,942
27.3%
7
Cameroon
CAD 14,261
30.7%
8
Nigeria
CAD 14,162
31.1%
9
Uganda
CAD 13,777
33.0%
10
Senegal
CAD 13,673
33.5%
11
Zambia
CAD 13,055
36.5%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 19,538
5.0%
1
Qatar
CAD 19,538
5.0%
2
Bahrain
CAD 18,921
8.0%
3
Oman
CAD 18,921
8.0%
4
Saudi Arabia
CAD 18,509
10.0%
5
Kuwait
CAD 18,304
11.0%
6
Israel
CAD 17,862
13.2%
7
Egypt
CAD 15,809
23.1%
8
Lebanon
CAD 15,688
23.7%
9
Turkey
CAD 11,487
44.2%
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.