Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$24,109
Federal tax deduction
- $3,190
Provincial tax deduction
- $1,385
CPP deduction
- $1,175
EI deduction
- $381
Total tax
- $6,131
Net pay
* $17,978
Marginal tax rate
31.9%
Average tax rate
25.4%
74.6%
Net pay
25.4%
Total tax
Total tax
Net pay
The Taxberg
$17,978
Net pay
$1,708
Tax the employer pays
$6,131
Tax you pay
Total tax paid
$7,839
Did you know your employer also pays tax on your salary? It costs the employer $1,708 to pay you $24,109. In other words, every time you spend $10 of your hard-earned money, $3.25 goes to the government.
Real tax rate
30.4%
So, with you and the employer both paying tax, what used to be a 25.4% tax rate now rises to 30.4%, meaning your real tax rate is actually 5% higher than what it seemed at first.
Summary
If you make $24,109 a year living in the region of Ontario, Canada, you will be taxed $6,131. That means that your net pay will be $17,978 per year, or $1,498 per month. Your average tax rate is 25.4% 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 18,774
22.1%
1
British Columbia
CAD 18,622
22.8%
2
Nunavut
CAD 18,461
23.4%
3
Northwest Territories
CAD 18,033
25.2%
4
Yukon
CAD 18,002
25.3%
5
Ontario
CAD 17,978
25.4%
6
Newfoundland and Labrador
CAD 17,401
27.8%
7
Nova Scotia
CAD 17,381
27.9%
8
New Brunswick
CAD 17,243
28.5%
9
Prince Edward Island
CAD 17,153
28.9%
10
Alberta
CAD 17,108
29.0%
11
Saskatchewan
CAD 16,995
29.5%
12
Manitoba
CAD 16,928
29.8%
13
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Europe
Country 
Net pay
Average tax
Rank
Ireland
CAD 23,894
0.9%
1
United Kingdom
CAD 23,578
2.2%
2
Switzerland
CAD 22,318
7.4%
3
Spain
CAD 21,093
12.5%
4
France
CAD 21,053
12.7%
5
Russia
CAD 20,975
13.0%
6
Norway
CAD 20,916
13.3%
7
Luxembourg
CAD 20,550
14.8%
8
Austria
CAD 20,376
15.5%
9
Hungary
CAD 19,649
18.5%
10
Czech Republic
CAD 19,644
18.5%
11
Ukraine
CAD 19,408
19.5%
12
Italy
CAD 19,388
19.6%
13
Germany
CAD 19,002
21.2%
14
Greece
CAD 18,078
25.0%
15
Sweden
CAD 17,954
25.5%
16
Poland
CAD 17,131
28.9%
17
Portugal
CAD 16,358
32.2%
18
Finland
CAD 16,169
32.9%
19
Denmark
CAD 16,136
33.1%
20
Belgium
CAD 15,864
34.2%
21
Netherlands
CAD 15,172
37.1%
22
Romania
CAD 14,104
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 20,934
13.2%
1
Canada
CAD 17,978
25.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 22,887
5.1%
1
Australia
CAD 22,418
7.0%
2
Thailand
CAD 22,091
8.4%
3
Taiwan
CAD 21,964
8.9%
4
South Korea
CAD 20,888
13.4%
5
Pakistan
CAD 20,551
14.8%
6
New Zealand
CAD 20,368
15.5%
7
Indonesia
CAD 20,235
16.1%
8
Malaysia
CAD 20,220
16.1%
9
Japan
CAD 19,439
19.4%
10
Philippines
CAD 19,242
20.2%
11
Singapore
CAD 19,229
20.2%
12
Kazakhstan
CAD 19,164
20.5%
13
Vietnam
CAD 18,311
24.1%
14
China
CAD 17,024
29.4%
15
India
CAD 16,920
29.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 21,797
9.6%
1
Puerto Rico
CAD 21,761
9.7%
2
Costa Rica
CAD 21,578
10.5%
3
Ecuador
CAD 21,444
11.1%
4
Colombia
CAD 21,138
12.3%
5
Panama
CAD 20,539
14.8%
6
Chile
CAD 19,614
18.6%
7
Mexico
CAD 19,456
19.3%
8
Peru
CAD 18,653
22.6%
9
Uruguay
CAD 18,446
23.5%
10
Brazil
CAD 18,261
24.3%
11
Argentina
CAD 15,661
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 20,343
15.6%
1
Mozambique
CAD 18,127
24.8%
2
Angola
CAD 17,781
26.3%
3
Morocco
CAD 17,670
26.7%
4
Kenya
CAD 17,582
27.1%
5
Ivory Coast
CAD 17,377
27.9%
6
Ghana
CAD 17,338
28.1%
7
Nigeria
CAD 16,572
31.3%
8
Cameroon
CAD 16,396
32.0%
9
Uganda
CAD 16,080
33.3%
10
Senegal
CAD 15,905
34.0%
11
Zambia
CAD 15,234
36.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 22,904
5.0%
1
Qatar
CAD 22,904
5.0%
2
Bahrain
CAD 22,180
8.0%
3
Oman
CAD 22,180
8.0%
4
Saudi Arabia
CAD 21,698
10.0%
5
Kuwait
CAD 21,457
11.0%
6
Israel
CAD 20,939
13.2%
7
Egypt
CAD 18,467
23.4%
8
Lebanon
CAD 18,345
23.9%
9
Turkey
CAD 13,727
43.1%
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.