Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$37,884
Federal tax deduction
- $5,106
Provincial tax deduction
- $2,170
CPP deduction
- $1,960
EI deduction
- $599
Total tax
- $9,835
Net pay
* $28,049
Marginal tax rate
28.9%
Average tax rate
26.0%
74.0%
Net pay
26.0%
Total tax
Total tax
Net pay
The Taxberg
$28,049
Net pay
$2,798
Tax the employer pays
$9,835
Tax you pay
Total tax paid
$12,633
Did you know your employer also pays tax on your salary? It costs the employer $2,798 to pay you $37,884. In other words, every time you spend $10 of your hard-earned money, $3.33 goes to the government.
Real tax rate
31.1%
So, with you and the employer both paying tax, what used to be a 26% tax rate now rises to 31.1%, meaning your real tax rate is actually 5.1% higher than what it seemed at first.
Summary
If you make $37,884 a year living in the region of Ontario, Canada, you will be taxed $9,835. That means that your net pay will be $28,049 per year, or $2,337 per month. Your average tax rate is 26.0% 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 28,807
24.0%
1
British Columbia
CAD 28,442
24.9%
2
Northwest Territories
CAD 28,136
25.7%
3
Ontario
CAD 28,049
26.0%
4
Yukon
CAD 28,041
26.0%
5
Quebec
CAD 27,813
26.6%
6
Newfoundland and Labrador
CAD 27,118
28.4%
7
New Brunswick
CAD 26,899
29.0%
8
Alberta
CAD 26,687
29.6%
9
Nova Scotia
CAD 26,604
29.8%
10
Prince Edward Island
CAD 26,522
30.0%
11
Saskatchewan
CAD 26,511
30.0%
12
Manitoba
CAD 26,337
30.5%
13
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Europe
Country 
Net pay
Average tax
Rank
Switzerland
CAD 33,936
10.4%
1
Ireland
CAD 33,189
12.4%
2
Russia
CAD 32,959
13.0%
3
United Kingdom
CAD 32,773
13.5%
4
France
CAD 32,099
15.3%
5
Hungary
CAD 30,875
18.5%
6
Norway
CAD 30,864
18.5%
7
Luxembourg
CAD 30,592
19.3%
8
Ukraine
CAD 30,497
19.5%
9
Austria
CAD 30,219
20.2%
10
Spain
CAD 30,011
20.8%
11
Czech Republic
CAD 29,838
21.2%
12
Sweden
CAD 27,185
28.2%
13
Greece
CAD 27,134
28.4%
14
Italy
CAD 27,107
28.5%
15
Germany
CAD 26,953
28.9%
16
Poland
CAD 25,927
31.6%
17
Denmark
CAD 25,409
32.9%
18
Finland
CAD 24,947
34.2%
19
Portugal
CAD 24,174
36.2%
20
Netherlands
CAD 23,840
37.1%
21
Romania
CAD 22,162
41.5%
22
Belgium
CAD 22,153
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 31,345
17.3%
1
Canada
CAD 28,049
26.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 35,611
6.0%
1
Taiwan
CAD 33,892
10.5%
2
Thailand
CAD 33,422
11.8%
3
Australia
CAD 33,087
12.7%
4
South Korea
CAD 31,659
16.4%
5
New Zealand
CAD 31,515
16.8%
6
Kazakhstan
CAD 30,321
20.0%
7
Pakistan
CAD 30,299
20.0%
8
Indonesia
CAD 30,292
20.0%
9
Singapore
CAD 29,873
21.2%
10
Japan
CAD 29,770
21.4%
11
Malaysia
CAD 29,672
21.7%
12
Philippines
CAD 28,589
24.5%
13
Vietnam
CAD 27,572
27.2%
14
China
CAD 26,007
31.4%
15
India
CAD 24,744
34.7%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 34,251
9.6%
1
Puerto Rico
CAD 33,455
11.7%
2
Costa Rica
CAD 33,335
12.0%
3
Ecuador
CAD 32,363
14.6%
4
Colombia
CAD 31,191
17.7%
5
Panama
CAD 30,960
18.3%
6
Chile
CAD 30,468
19.6%
7
Mexico
CAD 29,393
22.4%
8
Peru
CAD 29,010
23.4%
9
Brazil
CAD 28,248
25.4%
10
Uruguay
CAD 27,385
27.7%
11
Argentina
CAD 24,615
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 29,949
21.0%
1
Angola
CAD 27,802
26.6%
2
Mozambique
CAD 27,702
26.9%
3
Kenya
CAD 27,225
28.1%
4
Ghana
CAD 26,450
30.2%
5
Ivory Coast
CAD 26,388
30.4%
6
Morocco
CAD 26,105
31.1%
7
Nigeria
CAD 25,942
31.5%
8
Uganda
CAD 25,034
33.9%
9
Cameroon
CAD 24,782
34.6%
10
Senegal
CAD 24,324
35.8%
11
Zambia
CAD 23,705
37.4%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 35,990
5.0%
1
Qatar
CAD 35,990
5.0%
2
Bahrain
CAD 34,853
8.0%
3
Oman
CAD 34,853
8.0%
4
Saudi Arabia
CAD 34,096
10.0%
5
Kuwait
CAD 33,717
11.0%
6
Israel
CAD 31,890
15.8%
7
Egypt
CAD 28,798
24.0%
8
Lebanon
CAD 28,677
24.3%
9
Turkey
CAD 22,331
41.1%
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.