Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$2,999
Federal tax deduction
- $250
EI deduction
- $47.38
Total tax
- $297
Net pay
* $2,702
Marginal tax rate
18.7%
Average tax rate
9.9%
90.1%
Net pay
9.9%
Total tax
Total tax
Net pay
The Taxberg
$2,702
Net pay
$66.34
Tax the employer pays
$297
Tax you pay
Total tax paid
$363
Did you know your employer also pays tax on your salary? It costs the employer $66.34 to pay you $2,999. In other words, every time you spend $10 of your hard-earned money, $1.21 goes to the government.
Real tax rate
11.9%
So, with you and the employer both paying tax, what used to be a 9.9% tax rate now rises to 11.9%, meaning your real tax rate is actually 2% higher than what it seemed at first.
Summary
If you make $2,999 a year living in the region of Ontario, Canada, you will be taxed $297. That means that your net pay will be $2,702 per year, or $225 per month. Your average tax rate is 9.9% and your marginal tax rate is 18.7%. 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 $18.74, hence, your net pay will only increase by $81.26.
Bonus Example
A $1,000 bonus will generate an extra $813 of net incomes. A $5,000 bonus will generate an extra $4,063 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Yukon
CAD 2,595
13.5%
1
Nunavut
CAD 2,584
13.8%
2
Northwest Territories
CAD 2,528
15.7%
3
Newfoundland and Labrador
CAD 2,445
18.5%
4
Nova Scotia
CAD 2,442
18.6%
5
New Brunswick
CAD 2,424
19.2%
6
Prince Edward Island
CAD 2,413
19.6%
7
Alberta
CAD 2,407
19.7%
8
Saskatchewan
CAD 2,392
20.2%
9
Manitoba
CAD 2,383
20.5%
10
Quebec
CAD 2,740
8.6%
11
British Columbia
CAD 2,702
9.9%
12
Ontario
CAD 2,702
9.9%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 2,999
0.0%
1
Germany
CAD 2,999
0.0%
2
Austria
CAD 2,999
0.0%
3
Ireland
CAD 2,999
0.0%
4
Norway
CAD 2,999
0.0%
5
Sweden
CAD 2,869
4.3%
6
Spain
CAD 2,809
6.4%
7
Switzerland
CAD 2,757
8.1%
8
Italy
CAD 2,723
9.2%
9
France
CAD 2,708
9.7%
10
Czech Republic
CAD 2,669
11.0%
11
Luxembourg
CAD 2,668
11.1%
12
Russia
CAD 2,609
13.0%
13
Hungary
CAD 2,444
18.5%
14
Ukraine
CAD 2,414
19.5%
15
Poland
CAD 2,355
21.5%
16
Greece
CAD 2,344
21.9%
17
Portugal
CAD 2,233
25.6%
18
Finland
CAD 2,077
30.8%
19
Belgium
CAD 2,039
32.0%
20
Denmark
CAD 1,933
35.5%
21
Netherlands
CAD 1,888
37.1%
22
Romania
CAD 1,754
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 2,739
8.7%
1
Canada
CAD 2,702
9.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 2,999
0.0%
1
Singapore
CAD 2,999
0.0%
2
Hong Kong
CAD 2,999
0.0%
3
Pakistan
CAD 2,981
0.6%
4
Thailand
CAD 2,849
5.0%
5
Philippines
CAD 2,819
6.0%
6
Indonesia
CAD 2,754
8.2%
7
Taiwan
CAD 2,734
8.9%
8
South Korea
CAD 2,678
10.7%
9
Malaysia
CAD 2,646
11.8%
10
New Zealand
CAD 2,642
11.9%
11
India
CAD 2,639
12.0%
12
China
CAD 2,604
13.2%
13
Vietnam
CAD 2,550
15.0%
14
Japan
CAD 2,437
18.7%
15
Kazakhstan
CAD 2,375
20.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Mexico
CAD 2,928
2.4%
1
Brazil
CAD 2,774
7.5%
2
Puerto Rico
CAD 2,761
8.0%
3
Colombia
CAD 2,759
8.0%
4
Ecuador
CAD 2,716
9.5%
5
Guatemala
CAD 2,711
9.6%
6
Costa Rica
CAD 2,684
10.5%
7
Panama
CAD 2,669
11.0%
8
Peru
CAD 2,624
12.5%
9
Argentina
CAD 2,489
17.0%
10
Chile
CAD 2,471
17.6%
11
Uruguay
CAD 2,456
18.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 2,969
1.0%
1
Morocco
CAD 2,797
6.7%
2
Zambia
CAD 2,734
8.8%
3
Kenya
CAD 2,613
12.9%
4
Ivory Coast
CAD 2,609
13.0%
5
Cameroon
CAD 2,530
15.6%
6
Mozambique
CAD 2,491
17.0%
7
Ghana
CAD 2,428
19.1%
8
Senegal
CAD 2,411
19.6%
9
Uganda
CAD 2,374
20.8%
10
Angola
CAD 2,327
22.4%
11
Nigeria
CAD 2,213
26.2%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
CAD 2,999
0.0%
1
United Arab Emirates
CAD 2,849
5.0%
2
Qatar
CAD 2,849
5.0%
3
Bahrain
CAD 2,759
8.0%
4
Oman
CAD 2,759
8.0%
5
Kuwait
CAD 2,669
11.0%
6
Israel
CAD 2,605
13.2%
7
Lebanon
CAD 2,493
16.9%
8
Egypt
CAD 2,359
21.4%
9
Turkey
CAD 2,011
33.0%
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.