Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$5,859
Federal tax deduction
- $652
Provincial tax deduction
- $58.45
CPP deduction
- $134
EI deduction
- $92.57
Total tax
- $937
Net pay
* $4,922
Marginal tax rate
28.0%
Average tax rate
16.0%
84.0%
Net pay
16.0%
Total tax
Total tax
Net pay
The Taxberg
$4,922
Net pay
$264
Tax the employer pays
$937
Tax you pay
Total tax paid
$1,201
Did you know your employer also pays tax on your salary? It costs the employer $264 to pay you $5,859. In other words, every time you spend $10 of your hard-earned money, $2.05 goes to the government.
Real tax rate
19.6%
So, with you and the employer both paying tax, what used to be a 16% tax rate now rises to 19.6%, meaning your real tax rate is actually 3.6% higher than what it seemed at first.
Summary
If you make $5,859 a year living in the region of Ontario, Canada, you will be taxed $937. That means that your net pay will be $4,922 per year, or $410 per month. Your average tax rate is 16.0% 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.
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 5,073
13.4%
1
British Columbia
CAD 4,980
15.0%
2
Ontario
CAD 4,922
16.0%
3
Nunavut
CAD 4,755
18.8%
4
Yukon
CAD 4,702
19.7%
5
Northwest Territories
CAD 4,648
20.7%
6
Newfoundland and Labrador
CAD 4,490
23.4%
7
Nova Scotia
CAD 4,485
23.4%
8
New Brunswick
CAD 4,451
24.0%
9
Prince Edward Island
CAD 4,428
24.4%
10
Alberta
CAD 4,417
24.6%
11
Saskatchewan
CAD 4,389
25.1%
12
Manitoba
CAD 4,372
25.4%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 5,352
8.7%
1
Canada
CAD 4,922
16.0%
2
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.