Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$29,082
Federal tax deduction
- $3,882
Provincial tax deduction
- $1,672
CPP deduction
- $1,458
EI deduction
- $460
Total tax
- $7,471
Net pay
* $21,611
Marginal tax rate
25.9%
Average tax rate
25.7%
74.3%
Net pay
25.7%
Total tax
Total tax
Net pay
The Taxberg
$21,611
Net pay
$2,101
Tax the employer pays
$7,471
Tax you pay
Total tax paid
$9,573
Did you know your employer also pays tax on your salary? It costs the employer $2,101 to pay you $29,082. 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 $29,082 a year living in the region of Ontario, Canada, you will be taxed $7,471. That means that your net pay will be $21,611 per year, or $1,801 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.
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 22,196
23.7%
1
British Columbia
CAD 22,142
23.9%
2
Quebec
CAD 22,038
24.2%
3
Northwest Territories
CAD 21,680
25.5%
4
Yukon
CAD 21,627
25.6%
5
Ontario
CAD 21,611
25.7%
6
Newfoundland and Labrador
CAD 20,919
28.1%
7
Nova Scotia
CAD 20,875
28.2%
8
New Brunswick
CAD 20,729
28.7%
9
Prince Edward Island
CAD 20,621
29.1%
10
Alberta
CAD 20,566
29.3%
11
Saskatchewan
CAD 20,430
29.7%
12
Manitoba
CAD 20,349
30.0%
13
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 24,749
14.9%
1
Canada
CAD 21,611
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 27,549
5.3%
1
Thailand
CAD 26,294
9.6%
2
Taiwan
CAD 26,283
9.6%
3
Australia
CAD 26,134
10.1%
4
South Korea
CAD 24,776
14.8%
5
New Zealand
CAD 24,402
16.1%
6
Pakistan
CAD 24,255
16.6%
7
Indonesia
CAD 23,888
17.9%
8
Malaysia
CAD 23,725
18.4%
9
Japan
CAD 23,262
20.0%
10
Kazakhstan
CAD 23,192
20.3%
11
Singapore
CAD 23,105
20.6%
12
Philippines
CAD 22,647
22.1%
13
Vietnam
CAD 21,669
25.5%
14
China
CAD 20,493
29.5%
15
India
CAD 19,745
32.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 26,293
9.6%
1
Costa Rica
CAD 26,012
10.6%
2
Puerto Rico
CAD 26,005
10.6%
3
Ecuador
CAD 25,466
12.4%
4
Colombia
CAD 24,922
14.3%
5
Panama
CAD 24,301
16.4%
6
Chile
CAD 23,548
19.0%
7
Mexico
CAD 23,121
20.5%
8
Peru
CAD 22,395
23.0%
9
Brazil
CAD 21,867
24.8%
10
Uruguay
CAD 21,407
26.4%
11
Argentina
CAD 18,894
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 23,922
17.7%
1
Mozambique
CAD 21,707
25.4%
2
Angola
CAD 21,399
26.4%
3
Kenya
CAD 21,063
27.6%
4
Morocco
CAD 20,769
28.6%
5
Ivory Coast
CAD 20,651
29.0%
6
Ghana
CAD 20,627
29.1%
7
Nigeria
CAD 19,955
31.4%
8
Cameroon
CAD 19,423
33.2%
9
Uganda
CAD 19,313
33.6%
10
Senegal
CAD 18,995
34.7%
11
Zambia
CAD 18,292
37.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 27,628
5.0%
1
Qatar
CAD 27,628
5.0%
2
Bahrain
CAD 26,755
8.0%
3
Oman
CAD 26,755
8.0%
4
Saudi Arabia
CAD 26,174
10.0%
5
Kuwait
CAD 25,883
11.0%
6
Israel
CAD 25,178
13.4%
7
Egypt
CAD 22,196
23.7%
8
Lebanon
CAD 22,075
24.1%
9
Turkey
CAD 16,872
42.0%
10
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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.