Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$20,903
Federal tax deduction
- $2,744
Provincial tax deduction
- $1,043
CPP deduction
- $992
EI deduction
- $330
Total tax
- $5,109
Net pay
* $15,794
Marginal tax rate
31.9%
Average tax rate
24.4%
75.6%
Net pay
24.4%
Total tax
Total tax
Net pay
The Taxberg
$15,794
Net pay
$1,454
Tax the employer pays
$5,109
Tax you pay
Total tax paid
$6,564
Did you know your employer also pays tax on your salary? It costs the employer $1,454 to pay you $20,903. In other words, every time you spend $10 of your hard-earned money, $3.14 goes to the government.
Real tax rate
29.4%
So, with you and the employer both paying tax, what used to be a 24.4% tax rate now rises to 29.4%, meaning your real tax rate is actually 5% higher than what it seemed at first.
Summary
If you make $20,903 a year living in the region of Ontario, Canada, you will be taxed $5,109. That means that your net pay will be $15,794 per year, or $1,316 per month. Your average tax rate is 24.4% 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.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 16,667
20.3%
1
British Columbia
CAD 16,317
21.9%
2
Nunavut
CAD 16,053
23.2%
3
Ontario
CAD 15,794
24.4%
4
Northwest Territories
CAD 15,681
25.0%
5
Yukon
CAD 15,666
25.1%
6
Newfoundland and Labrador
CAD 15,133
27.6%
7
Nova Scotia
CAD 15,116
27.7%
8
New Brunswick
CAD 14,996
28.3%
9
Prince Edward Island
CAD 14,918
28.6%
10
Alberta
CAD 14,879
28.8%
11
Saskatchewan
CAD 14,781
29.3%
12
Manitoba
CAD 14,722
29.6%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 20,903
0.0%
1
Ireland
CAD 20,752
0.7%
2
Spain
CAD 19,516
6.6%
3
Switzerland
CAD 19,437
7.0%
4
France
CAD 18,475
11.6%
5
Norway
CAD 18,366
12.1%
6
Russia
CAD 18,186
13.0%
7
Luxembourg
CAD 18,073
13.5%
8
Austria
CAD 17,762
15.0%
9
Italy
CAD 17,511
16.2%
10
Czech Republic
CAD 17,272
17.4%
11
Hungary
CAD 17,036
18.5%
12
Ukraine
CAD 16,827
19.5%
13
Germany
CAD 16,782
19.7%
14
Greece
CAD 15,931
23.8%
15
Sweden
CAD 15,805
24.4%
16
Poland
CAD 15,084
27.8%
17
Portugal
CAD 14,419
31.0%
18
Finland
CAD 14,234
31.9%
19
Belgium
CAD 14,165
32.2%
20
Denmark
CAD 13,979
33.1%
21
Netherlands
CAD 13,154
37.1%
22
Romania
CAD 12,228
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 18,448
11.7%
1
Canada
CAD 15,794
24.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 19,997
4.3%
1
Hong Kong
CAD 19,858
5.0%
2
Thailand
CAD 19,321
7.6%
3
Taiwan
CAD 19,054
8.8%
4
South Korea
CAD 18,224
12.8%
5
Pakistan
CAD 18,146
13.2%
6
Malaysia
CAD 17,775
15.0%
7
New Zealand
CAD 17,768
15.0%
8
Indonesia
CAD 17,713
15.3%
9
Philippines
CAD 16,984
18.8%
10
Japan
CAD 16,939
19.0%
11
Singapore
CAD 16,726
20.0%
12
Kazakhstan
CAD 16,582
20.7%
13
Vietnam
CAD 16,057
23.2%
14
India
CAD 15,099
27.8%
15
China
CAD 14,788
29.3%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 19,025
9.0%
1
Guatemala
CAD 18,899
9.6%
2
Ecuador
CAD 18,771
10.2%
3
Costa Rica
CAD 18,708
10.5%
4
Colombia
CAD 18,677
10.7%
5
Panama
CAD 18,114
13.3%
6
Chile
CAD 17,078
18.3%
7
Mexico
CAD 17,067
18.4%
8
Uruguay
CAD 16,480
21.2%
9
Peru
CAD 16,240
22.3%
10
Brazil
CAD 15,948
23.7%
11
Argentina
CAD 13,577
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 17,971
14.0%
1
Mozambique
CAD 15,818
24.3%
2
Morocco
CAD 15,602
25.4%
3
Angola
CAD 15,448
26.1%
4
Kenya
CAD 15,338
26.6%
5
Ivory Coast
CAD 15,267
27.0%
6
Ghana
CAD 15,181
27.4%
7
Cameroon
CAD 14,464
30.8%
8
Nigeria
CAD 14,391
31.2%
9
Uganda
CAD 13,996
33.0%
10
Senegal
CAD 13,885
33.6%
11
Zambia
CAD 13,262
36.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 19,858
5.0%
1
Qatar
CAD 19,858
5.0%
2
Bahrain
CAD 19,231
8.0%
3
Oman
CAD 19,231
8.0%
4
Saudi Arabia
CAD 18,813
10.0%
5
Kuwait
CAD 18,604
11.0%
6
Israel
CAD 18,154
13.2%
7
Egypt
CAD 16,062
23.2%
8
Lebanon
CAD 15,941
23.7%
9
Turkey
CAD 11,700
44.0%
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.