Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$5,954
Federal tax deduction
- $665
Provincial tax deduction
- $64.91
CPP deduction
- $140
EI deduction
- $94.07
Total tax
- $964
Net pay
* $4,990
Marginal tax rate
29.4%
Average tax rate
16.2%
83.8%
Net pay
16.2%
Total tax
Total tax
Net pay
The Taxberg
$4,990
Net pay
$272
Tax the employer pays
$964
Tax you pay
Total tax paid
$1,235
Did you know your employer also pays tax on your salary? It costs the employer $272 to pay you $5,954. 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 $5,954 a year living in the region of Ontario, Canada, you will be taxed $964. That means that your net pay will be $4,990 per year, or $416 per month. Your average tax rate is 16.2% and your marginal tax rate is 29.4%. 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 $29.38, hence, your net pay will only increase by $70.62.
Bonus Example
A $1,000 bonus will generate an extra $706 of net incomes. A $5,000 bonus will generate an extra $3,531 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 5,149
13.5%
1
British Columbia
CAD 5,055
15.1%
2
Ontario
CAD 4,990
16.2%
3
Nunavut
CAD 4,826
18.9%
4
Yukon
CAD 4,771
19.9%
5
Northwest Territories
CAD 4,718
20.8%
6
Newfoundland and Labrador
CAD 4,557
23.5%
7
Nova Scotia
CAD 4,552
23.5%
8
New Brunswick
CAD 4,517
24.1%
9
Prince Edward Island
CAD 4,495
24.5%
10
Alberta
CAD 4,483
24.7%
11
Saskatchewan
CAD 4,454
25.2%
12
Manitoba
CAD 4,437
25.5%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 5,438
8.7%
1
Canada
CAD 4,990
16.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 5,954
0.0%
1
Singapore
CAD 5,954
0.0%
2
Hong Kong
CAD 5,954
0.0%
3
Pakistan
CAD 5,853
1.7%
4
Philippines
CAD 5,677
4.7%
5
Thailand
CAD 5,652
5.1%
6
Indonesia
CAD 5,430
8.8%
7
Taiwan
CAD 5,427
8.9%
8
South Korea
CAD 5,298
11.0%
9
Malaysia
CAD 5,251
11.8%
10
New Zealand
CAD 5,246
11.9%
11
India
CAD 5,240
12.0%
12
Vietnam
CAD 4,961
16.7%
13
Japan
CAD 4,838
18.7%
14
Kazakhstan
CAD 4,716
20.8%
15
China
CAD 4,476
24.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Mexico
CAD 5,574
6.4%
1
Colombia
CAD 5,928
7.4%
2
Puerto Rico
CAD 5,481
8.0%
3
Brazil
CAD 5,458
8.3%
4
Ecuador
CAD 5,391
9.5%
5
Guatemala
CAD 5,383
9.6%
6
Costa Rica
CAD 5,329
10.5%
7
Panama
CAD 5,299
11.0%
8
Peru
CAD 5,210
12.5%
9
Chile
CAD 4,906
17.6%
10
Uruguay
CAD 4,757
20.1%
11
Argentina
CAD 3,964
33.4%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 5,894
1.0%
1
Morocco
CAD 5,419
9.0%
2
Ivory Coast
CAD 4,963
16.7%
3
Cameroon
CAD 4,962
16.7%
4
Kenya
CAD 4,927
17.3%
5
Mozambique
CAD 4,802
19.3%
6
Ghana
CAD 4,586
23.0%
7
Zambia
CAD 4,523
24.0%
8
Angola
CAD 4,516
24.2%
9
Senegal
CAD 4,297
27.8%
10
Uganda
CAD 4,280
28.1%
11
Nigeria
CAD 4,223
29.1%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
CAD 5,954
0.0%
1
United Arab Emirates
CAD 5,656
5.0%
2
Qatar
CAD 5,656
5.0%
3
Bahrain
CAD 5,478
8.0%
4
Oman
CAD 5,478
8.0%
5
Kuwait
CAD 5,299
11.0%
6
Israel
CAD 5,171
13.2%
7
Lebanon
CAD 4,729
20.6%
8
Egypt
CAD 4,704
21.0%
9
Turkey
CAD 3,732
37.3%
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.