Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$5,046
Federal tax deduction
- $539
Provincial tax deduction
- $3.13
CPP deduction
- $88.12
EI deduction
- $79.73
Total tax
- $710
Net pay
* $4,336
Marginal tax rate
28.0%
Average tax rate
14.1%
85.9%
Net pay
14.1%
Total tax
Total tax
Net pay
The Taxberg
$4,336
Net pay
$200
Tax the employer pays
$710
Tax you pay
Total tax paid
$909
Did you know your employer also pays tax on your salary? It costs the employer $200 to pay you $5,046. In other words, every time you spend $10 of your hard-earned money, $1.80 goes to the government.
Real tax rate
17.3%
So, with you and the employer both paying tax, what used to be a 14.1% tax rate now rises to 17.3%, meaning your real tax rate is actually 3.2% higher than what it seemed at first.
Summary
If you make $5,046 a year living in the region of Ontario, Canada, you will be taxed $710. That means that your net pay will be $4,336 per year, or $361 per month. Your average tax rate is 14.1% and your marginal tax rate is 28.0%. 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 $27.99, hence, your net pay will only increase by $72.01.
Bonus Example
A $1,000 bonus will generate an extra $720 of net incomes. A $5,000 bonus will generate an extra $3,601 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 4,417
12.5%
1
British Columbia
CAD 4,339
14.0%
2
Ontario
CAD 4,336
14.1%
3
Nunavut
CAD 4,144
17.9%
4
Yukon
CAD 4,110
18.6%
5
Northwest Territories
CAD 4,052
19.7%
6
Newfoundland and Labrador
CAD 3,915
22.4%
7
Nova Scotia
CAD 3,911
22.5%
8
New Brunswick
CAD 3,881
23.1%
9
Prince Edward Island
CAD 3,861
23.5%
10
Alberta
CAD 3,852
23.7%
11
Saskatchewan
CAD 3,827
24.2%
12
Manitoba
CAD 3,813
24.4%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 5,046
0.0%
1
Germany
CAD 5,046
0.0%
2
Austria
CAD 5,046
0.0%
3
Ireland
CAD 5,046
0.0%
4
Norway
CAD 5,046
0.0%
5
Spain
CAD 4,726
6.4%
6
Switzerland
CAD 4,665
7.6%
7
Italy
CAD 4,582
9.2%
8
France
CAD 4,557
9.7%
9
Czech Republic
CAD 4,491
11.0%
10
Luxembourg
CAD 4,488
11.1%
11
Russia
CAD 4,390
13.0%
12
Sweden
CAD 4,282
15.1%
13
Hungary
CAD 4,112
18.5%
14
Ukraine
CAD 4,062
19.5%
15
Poland
CAD 3,962
21.5%
16
Greece
CAD 3,943
21.9%
17
Portugal
CAD 3,757
25.6%
18
Finland
CAD 3,494
30.8%
19
Belgium
CAD 3,431
32.0%
20
Denmark
CAD 3,310
34.4%
21
Netherlands
CAD 3,175
37.1%
22
Romania
CAD 2,952
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 4,609
8.7%
1
Canada
CAD 4,336
14.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 5,046
0.0%
1
Singapore
CAD 5,046
0.0%
2
Hong Kong
CAD 5,046
0.0%
3
Pakistan
CAD 4,980
1.3%
4
Thailand
CAD 4,794
5.0%
5
Philippines
CAD 4,783
5.2%
6
Indonesia
CAD 4,635
8.1%
7
Taiwan
CAD 4,599
8.9%
8
South Korea
CAD 4,502
10.8%
9
Malaysia
CAD 4,450
11.8%
10
New Zealand
CAD 4,446
11.9%
11
India
CAD 4,440
12.0%
12
China
CAD 4,320
14.4%
13
Vietnam
CAD 4,230
16.2%
14
Japan
CAD 4,100
18.7%
15
Kazakhstan
CAD 3,996
20.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Mexico
CAD 4,827
4.4%
1
Colombia
CAD 5,093
7.3%
2
Brazil
CAD 4,645
8.0%
3
Puerto Rico
CAD 4,645
8.0%
4
Ecuador
CAD 4,569
9.5%
5
Guatemala
CAD 4,562
9.6%
6
Costa Rica
CAD 4,516
10.5%
7
Panama
CAD 4,491
11.0%
8
Peru
CAD 4,415
12.5%
9
Chile
CAD 4,158
17.6%
10
Uruguay
CAD 4,068
19.4%
11
Argentina
CAD 3,527
30.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 4,996
1.0%
1
Morocco
CAD 4,657
7.7%
2
Kenya
CAD 4,304
14.7%
3
Ivory Coast
CAD 4,246
15.9%
4
Cameroon
CAD 4,244
15.9%
5
Mozambique
CAD 4,103
18.7%
6
Zambia
CAD 4,010
20.5%
7
Ghana
CAD 3,942
21.9%
8
Angola
CAD 3,847
23.8%
9
Senegal
CAD 3,712
26.4%
10
Uganda
CAD 3,691
26.9%
11
Nigeria
CAD 3,605
28.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
CAD 5,046
0.0%
1
United Arab Emirates
CAD 4,794
5.0%
2
Qatar
CAD 4,794
5.0%
3
Bahrain
CAD 4,642
8.0%
4
Oman
CAD 4,642
8.0%
5
Kuwait
CAD 4,491
11.0%
6
Israel
CAD 4,382
13.2%
7
Lebanon
CAD 4,048
19.8%
8
Egypt
CAD 3,979
21.2%
9
Turkey
CAD 3,203
36.5%
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.