Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$22,067
Federal tax deduction
- $2,906
Provincial tax deduction
- $1,167
CPP deduction
- $1,058
EI deduction
- $349
Total tax
- $5,480
Net pay
* $16,587
Marginal tax rate
31.9%
Average tax rate
24.8%
75.2%
Net pay
24.8%
Total tax
Total tax
Net pay
The Taxberg
$16,587
Net pay
$1,546
Tax the employer pays
$5,480
Tax you pay
Total tax paid
$7,027
Did you know your employer also pays tax on your salary? It costs the employer $1,546 to pay you $22,067. In other words, every time you spend $10 of your hard-earned money, $3.18 goes to the government.
Real tax rate
29.8%
So, with you and the employer both paying tax, what used to be a 24.8% tax rate now rises to 29.8%, meaning your real tax rate is actually 5% higher than what it seemed at first.
Summary
If you make $22,067 a year living in the region of Ontario, Canada, you will be taxed $5,480. That means that your net pay will be $16,587 per year, or $1,382 per month. Your average tax rate is 24.8% 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
North America
Country 
Net pay
Average tax
Rank
USA
CAD 19,354
12.3%
1
Canada
CAD 16,587
24.8%
2
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 20,964
5.0%
1
Qatar
CAD 20,964
5.0%
2
Bahrain
CAD 20,302
8.0%
3
Oman
CAD 20,302
8.0%
4
Saudi Arabia
CAD 19,860
10.0%
5
Kuwait
CAD 19,640
11.0%
6
Israel
CAD 19,165
13.2%
7
Egypt
CAD 16,935
23.3%
8
Lebanon
CAD 16,814
23.8%
9
Turkey
CAD 12,436
43.7%
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.