Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$37,319
Federal tax deduction
- $5,027
Provincial tax deduction
- $2,127
CPP deduction
- $1,928
EI deduction
- $590
Total tax
- $9,672
Net pay
* $27,647
Marginal tax rate
28.9%
Average tax rate
25.9%
74.1%
Net pay
25.9%
Total tax
Total tax
Net pay
The Taxberg
$27,647
Net pay
$2,753
Tax the employer pays
$9,672
Tax you pay
Total tax paid
$12,425
Did you know your employer also pays tax on your salary? It costs the employer $2,753 to pay you $37,319. In other words, every time you spend $10 of your hard-earned money, $3.33 goes to the government.
Real tax rate
31.0%
So, with you and the employer both paying tax, what used to be a 25.9% tax rate now rises to 31.0%, meaning your real tax rate is actually 5.1% higher than what it seemed at first.
Summary
If you make $37,319 a year living in the region of Ontario, Canada, you will be taxed $9,672. That means that your net pay will be $27,647 per year, or $2,304 per month. Your average tax rate is 25.9% and your marginal tax rate is 28.9%. 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 $28.87, hence, your net pay will only increase by $71.13.
Bonus Example
A $1,000 bonus will generate an extra $711 of net incomes. A $5,000 bonus will generate an extra $3,557 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 28,382
23.9%
1
British Columbia
CAD 28,026
24.9%
2
Northwest Territories
CAD 27,721
25.7%
3
Ontario
CAD 27,647
25.9%
4
Yukon
CAD 27,630
26.0%
5
Quebec
CAD 27,442
26.5%
6
Newfoundland and Labrador
CAD 26,724
28.4%
7
New Brunswick
CAD 26,503
29.0%
8
Alberta
CAD 26,294
29.5%
9
Nova Scotia
CAD 26,240
29.7%
10
Prince Edward Island
CAD 26,150
29.9%
11
Saskatchewan
CAD 26,120
30.0%
12
Manitoba
CAD 25,959
30.4%
13
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Europe
Country 
Net pay
Average tax
Rank
Switzerland
CAD 33,486
10.3%
1
Ireland
CAD 32,785
12.2%
2
Russia
CAD 32,468
13.0%
3
United Kingdom
CAD 32,396
13.2%
4
France
CAD 31,665
15.2%
5
Norway
CAD 30,491
18.3%
6
Hungary
CAD 30,415
18.5%
7
Luxembourg
CAD 30,219
19.0%
8
Ukraine
CAD 30,042
19.5%
9
Austria
CAD 29,925
19.8%
10
Spain
CAD 29,640
20.6%
11
Czech Republic
CAD 29,419
21.2%
12
Italy
CAD 26,867
28.0%
13
Sweden
CAD 26,806
28.2%
14
Greece
CAD 26,784
28.2%
15
Germany
CAD 26,636
28.6%
16
Poland
CAD 25,566
31.5%
17
Denmark
CAD 25,023
33.0%
18
Finland
CAD 24,612
34.1%
19
Portugal
CAD 23,880
36.0%
20
Netherlands
CAD 23,484
37.1%
21
Belgium
CAD 21,982
41.1%
22
Romania
CAD 21,832
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 30,927
17.1%
1
Canada
CAD 27,647
25.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 35,106
5.9%
1
Taiwan
CAD 33,404
10.5%
2
Thailand
CAD 32,977
11.6%
3
Australia
CAD 32,641
12.5%
4
South Korea
CAD 31,217
16.4%
5
New Zealand
CAD 31,083
16.7%
6
Pakistan
CAD 29,917
19.8%
7
Indonesia
CAD 29,881
19.9%
8
Kazakhstan
CAD 29,864
20.0%
9
Singapore
CAD 29,441
21.1%
10
Japan
CAD 29,383
21.3%
11
Malaysia
CAD 29,300
21.5%
12
Philippines
CAD 28,207
24.4%
13
Vietnam
CAD 27,194
27.1%
14
China
CAD 25,725
31.1%
15
India
CAD 24,423
34.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 33,741
9.6%
1
Puerto Rico
CAD 32,985
11.6%
2
Costa Rica
CAD 32,880
11.9%
3
Ecuador
CAD 31,928
14.4%
4
Colombia
CAD 30,796
17.5%
5
Panama
CAD 30,532
18.2%
6
Chile
CAD 30,040
19.5%
7
Mexico
CAD 29,006
22.3%
8
Peru
CAD 28,594
23.4%
9
Brazil
CAD 27,839
25.4%
10
Uruguay
CAD 27,001
27.7%
11
Argentina
CAD 24,248
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 29,574
20.8%
1
Angola
CAD 27,391
26.6%
2
Mozambique
CAD 27,327
26.8%
3
Kenya
CAD 26,829
28.1%
4
Ghana
CAD 26,076
30.1%
5
Ivory Coast
CAD 26,027
30.3%
6
Morocco
CAD 25,763
31.0%
7
Nigeria
CAD 25,558
31.5%
8
Uganda
CAD 24,667
33.9%
9
Cameroon
CAD 24,438
34.5%
10
Senegal
CAD 23,985
35.7%
11
Zambia
CAD 23,358
37.4%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 35,453
5.0%
1
Qatar
CAD 35,453
5.0%
2
Bahrain
CAD 34,333
8.0%
3
Oman
CAD 34,333
8.0%
4
Saudi Arabia
CAD 33,587
10.0%
5
Kuwait
CAD 33,214
11.0%
6
Israel
CAD 31,462
15.7%
7
Egypt
CAD 28,374
24.0%
8
Lebanon
CAD 28,253
24.3%
9
Turkey
CAD 22,002
41.0%
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.