Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$5,948
Federal tax deduction
- $664
Provincial tax deduction
- $64.50
CPP deduction
- $140
EI deduction
- $93.98
Total tax
- $962
Net pay
* $4,986
Marginal tax rate
29.2%
Average tax rate
16.2%
83.8%
Net pay
16.2%
Total tax
Total tax
Net pay
The Taxberg
$4,986
Net pay
$271
Tax the employer pays
$962
Tax you pay
Total tax paid
$1,233
Did you know your employer also pays tax on your salary? It costs the employer $271 to pay you $5,948. In other words, every time you spend $10 of your hard-earned money, $2.07 goes to the government.
Real tax rate
19.8%
So, with you and the employer both paying tax, what used to be a 16.2% tax rate now rises to 19.8%, meaning your real tax rate is actually 3.6% higher than what it seemed at first.
Summary
If you make $5,948 a year living in the region of Ontario, Canada, you will be taxed $962. That means that your net pay will be $4,986 per year, or $415 per month. Your average tax rate is 16.2% and your marginal tax rate is 29.2%. 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 $29.23, hence, your net pay will only increase by $70.77.
Bonus Example
A $1,000 bonus will generate an extra $708 of net incomes. A $5,000 bonus will generate an extra $3,539 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 5,144
13.5%
1
British Columbia
CAD 5,050
15.1%
2
Ontario
CAD 4,986
16.2%
3
Nunavut
CAD 4,822
18.9%
4
Yukon
CAD 4,767
19.9%
5
Northwest Territories
CAD 4,713
20.8%
6
Newfoundland and Labrador
CAD 4,553
23.4%
7
Nova Scotia
CAD 4,548
23.5%
8
New Brunswick
CAD 4,513
24.1%
9
Prince Edward Island
CAD 4,490
24.5%
10
Alberta
CAD 4,479
24.7%
11
Saskatchewan
CAD 4,450
25.2%
12
Manitoba
CAD 4,433
25.5%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 5,948
0.0%
1
Germany
CAD 5,948
0.0%
2
Austria
CAD 5,948
0.0%
3
Ireland
CAD 5,948
0.0%
4
Norway
CAD 5,948
0.0%
5
Spain
CAD 5,570
6.4%
6
Switzerland
CAD 5,506
7.4%
7
Italy
CAD 5,401
9.2%
8
France
CAD 5,371
9.7%
9
Czech Republic
CAD 5,294
11.0%
10
Luxembourg
CAD 5,291
11.1%
11
Russia
CAD 5,175
13.0%
12
Sweden
CAD 4,910
17.4%
13
Hungary
CAD 4,848
18.5%
14
Ukraine
CAD 4,788
19.5%
15
Poland
CAD 4,671
21.5%
16
Greece
CAD 4,648
21.9%
17
Portugal
CAD 4,428
25.6%
18
Finland
CAD 4,119
30.8%
19
Belgium
CAD 4,045
32.0%
20
Denmark
CAD 3,917
34.1%
21
Netherlands
CAD 3,743
37.1%
22
Romania
CAD 3,480
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 5,433
8.7%
1
Canada
CAD 4,986
16.2%
2
Latin America
Country 
Net pay
Average tax
Rank
Mexico
CAD 5,569
6.4%
1
Colombia
CAD 5,922
7.4%
2
Puerto Rico
CAD 5,475
8.0%
3
Brazil
CAD 5,453
8.3%
4
Ecuador
CAD 5,386
9.5%
5
Guatemala
CAD 5,378
9.6%
6
Costa Rica
CAD 5,323
10.5%
7
Panama
CAD 5,294
11.0%
8
Peru
CAD 5,205
12.5%
9
Chile
CAD 4,901
17.6%
10
Uruguay
CAD 4,752
20.1%
11
Argentina
CAD 3,961
33.4%
12
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.