Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$20,907
Federal tax deduction
- $2,745
Provincial tax deduction
- $1,043
CPP deduction
- $992
EI deduction
- $330
Total tax
- $5,111
Net pay
* $15,796
Marginal tax rate
31.9%
Average tax rate
24.4%
75.6%
Net pay
24.4%
Total tax
Total tax
Net pay
The Taxberg
$15,796
Net pay
$1,455
Tax the employer pays
$5,111
Tax you pay
Total tax paid
$6,565
Did you know your employer also pays tax on your salary? It costs the employer $1,455 to pay you $20,907. 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 $20,907 a year living in the region of Ontario, Canada, you will be taxed $5,111. That means that your net pay will be $15,796 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 16,670
20.3%
1
British Columbia
CAD 16,320
21.9%
2
Nunavut
CAD 16,056
23.2%
3
Ontario
CAD 15,796
24.4%
4
Northwest Territories
CAD 15,684
25.0%
5
Yukon
CAD 15,669
25.1%
6
Newfoundland and Labrador
CAD 15,136
27.6%
7
Nova Scotia
CAD 15,118
27.7%
8
New Brunswick
CAD 14,999
28.3%
9
Prince Edward Island
CAD 14,921
28.6%
10
Alberta
CAD 14,881
28.8%
11
Saskatchewan
CAD 14,783
29.3%
12
Manitoba
CAD 14,725
29.6%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 18,451
11.8%
1
Canada
CAD 15,796
24.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 20,000
4.3%
1
Hong Kong
CAD 19,862
5.0%
2
Thailand
CAD 19,324
7.6%
3
Taiwan
CAD 19,058
8.8%
4
South Korea
CAD 18,227
12.8%
5
Pakistan
CAD 18,149
13.2%
6
Malaysia
CAD 17,778
15.0%
7
New Zealand
CAD 17,771
15.0%
8
Indonesia
CAD 17,716
15.3%
9
Philippines
CAD 16,986
18.8%
10
Japan
CAD 16,942
19.0%
11
Singapore
CAD 16,729
20.0%
12
Kazakhstan
CAD 16,585
20.7%
13
Vietnam
CAD 16,060
23.2%
14
India
CAD 15,101
27.8%
15
China
CAD 14,791
29.3%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 19,028
9.0%
1
Guatemala
CAD 18,902
9.6%
2
Ecuador
CAD 18,774
10.2%
3
Costa Rica
CAD 18,712
10.5%
4
Colombia
CAD 18,681
10.7%
5
Panama
CAD 18,117
13.4%
6
Chile
CAD 17,081
18.3%
7
Mexico
CAD 17,070
18.4%
8
Uruguay
CAD 16,483
21.2%
9
Peru
CAD 16,243
22.3%
10
Brazil
CAD 15,950
23.7%
11
Argentina
CAD 13,580
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 17,974
14.0%
1
Mozambique
CAD 15,821
24.3%
2
Morocco
CAD 15,605
25.4%
3
Angola
CAD 15,451
26.1%
4
Kenya
CAD 15,341
26.6%
5
Ivory Coast
CAD 15,270
27.0%
6
Ghana
CAD 15,184
27.4%
7
Cameroon
CAD 14,467
30.8%
8
Nigeria
CAD 14,394
31.2%
9
Uganda
CAD 13,999
33.0%
10
Senegal
CAD 13,888
33.6%
11
Zambia
CAD 13,265
36.6%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 19,862
5.0%
1
Qatar
CAD 19,862
5.0%
2
Bahrain
CAD 19,234
8.0%
3
Oman
CAD 19,234
8.0%
4
Saudi Arabia
CAD 18,816
10.0%
5
Kuwait
CAD 18,607
11.0%
6
Israel
CAD 18,158
13.2%
7
Egypt
CAD 16,065
23.2%
8
Lebanon
CAD 15,944
23.7%
9
Turkey
CAD 11,702
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.