Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$28,971
Federal tax deduction
- $3,866
Provincial tax deduction
- $1,667
CPP deduction
- $1,452
EI deduction
- $458
Total tax
- $7,442
Net pay
* $21,529
Marginal tax rate
25.9%
Average tax rate
25.7%
74.3%
Net pay
25.7%
Total tax
Total tax
Net pay
The Taxberg
$21,529
Net pay
$2,093
Tax the employer pays
$7,442
Tax you pay
Total tax paid
$9,535
Did you know your employer also pays tax on your salary? It costs the employer $2,093 to pay you $28,971. In other words, every time you spend $10 of your hard-earned money, $3.29 goes to the government.
Real tax rate
30.7%
So, with you and the employer both paying tax, what used to be a 25.7% tax rate now rises to 30.7%, meaning your real tax rate is actually 5% higher than what it seemed at first.
Summary
If you make $28,971 a year living in the region of Ontario, Canada, you will be taxed $7,442. That means that your net pay will be $21,529 per year, or $1,794 per month. Your average tax rate is 25.7% and your marginal tax rate is 25.9%. 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 $25.87, hence, your net pay will only increase by $74.13.
Bonus Example
A $1,000 bonus will generate an extra $741 of net incomes. A $5,000 bonus will generate an extra $3,707 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 22,113
23.7%
1
British Columbia
CAD 22,064
23.8%
2
Quebec
CAD 21,965
24.2%
3
Northwest Territories
CAD 21,599
25.4%
4
Yukon
CAD 21,546
25.6%
5
Ontario
CAD 21,529
25.7%
6
Newfoundland and Labrador
CAD 20,841
28.1%
7
Nova Scotia
CAD 20,797
28.2%
8
New Brunswick
CAD 20,651
28.7%
9
Prince Edward Island
CAD 20,543
29.1%
10
Alberta
CAD 20,489
29.3%
11
Saskatchewan
CAD 20,354
29.7%
12
Manitoba
CAD 20,273
30.0%
13
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Europe
Country 
Net pay
Average tax
Rank
Ireland
CAD 27,372
5.5%
1
United Kingdom
CAD 26,824
7.4%
2
Switzerland
CAD 26,635
8.1%
3
Russia
CAD 25,205
13.0%
4
France
CAD 24,962
13.8%
5
Norway
CAD 24,738
14.6%
6
Luxembourg
CAD 24,232
16.4%
7
Austria
CAD 24,155
16.6%
8
Spain
CAD 23,820
17.8%
9
Hungary
CAD 23,611
18.5%
10
Ukraine
CAD 23,322
19.5%
11
Czech Republic
CAD 23,242
19.8%
12
Italy
CAD 22,153
23.5%
13
Germany
CAD 21,914
24.4%
14
Greece
CAD 21,335
26.4%
15
Sweden
CAD 21,211
26.8%
16
Poland
CAD 20,235
30.2%
17
Finland
CAD 19,435
32.9%
18
Denmark
CAD 19,407
33.0%
19
Portugal
CAD 19,300
33.4%
20
Belgium
CAD 18,441
36.4%
21
Netherlands
CAD 18,231
37.1%
22
Romania
CAD 16,948
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 24,665
14.9%
1
Canada
CAD 21,529
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 27,446
5.3%
1
Thailand
CAD 26,203
9.6%
2
Taiwan
CAD 26,187
9.6%
3
Australia
CAD 26,046
10.1%
4
South Korea
CAD 24,690
14.8%
5
New Zealand
CAD 24,312
16.1%
6
Pakistan
CAD 24,176
16.6%
7
Indonesia
CAD 23,808
17.8%
8
Malaysia
CAD 23,648
18.4%
9
Japan
CAD 23,177
20.0%
10
Kazakhstan
CAD 23,102
20.3%
11
Singapore
CAD 23,018
20.6%
12
Philippines
CAD 22,572
22.1%
13
Vietnam
CAD 21,595
25.5%
14
China
CAD 20,416
29.5%
15
India
CAD 19,682
32.1%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 26,193
9.6%
1
Costa Rica
CAD 25,914
10.6%
2
Puerto Rico
CAD 25,911
10.6%
3
Ecuador
CAD 25,378
12.4%
4
Colombia
CAD 24,841
14.3%
5
Panama
CAD 24,217
16.4%
6
Chile
CAD 23,460
19.0%
7
Mexico
CAD 23,040
20.5%
8
Peru
CAD 22,312
23.0%
9
Brazil
CAD 21,786
24.8%
10
Uruguay
CAD 21,331
26.4%
11
Argentina
CAD 18,821
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 23,845
17.7%
1
Mozambique
CAD 21,627
25.4%
2
Angola
CAD 21,318
26.4%
3
Kenya
CAD 20,985
27.6%
4
Morocco
CAD 20,700
28.6%
5
Ivory Coast
CAD 20,578
29.0%
6
Ghana
CAD 20,554
29.1%
7
Nigeria
CAD 19,879
31.4%
8
Cameroon
CAD 19,356
33.2%
9
Uganda
CAD 19,241
33.6%
10
Senegal
CAD 18,927
34.7%
11
Zambia
CAD 18,224
37.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 27,522
5.0%
1
Qatar
CAD 27,522
5.0%
2
Bahrain
CAD 26,653
8.0%
3
Oman
CAD 26,653
8.0%
4
Saudi Arabia
CAD 26,074
10.0%
5
Kuwait
CAD 25,784
11.0%
6
Israel
CAD 25,093
13.4%
7
Egypt
CAD 22,113
23.7%
8
Lebanon
CAD 21,992
24.1%
9
Turkey
CAD 16,802
42.0%
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.