Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$7,231
Federal tax deduction
- $843
Provincial tax deduction
- $183
CPP deduction
- $213
EI deduction
- $114
Total tax
- $1,353
Net pay
* $5,878
Marginal tax rate
30.6%
Average tax rate
18.7%
81.3%
Net pay
18.7%
Total tax
Total tax
Net pay
The Taxberg
$5,878
Net pay
$373
Tax the employer pays
$1,353
Tax you pay
Total tax paid
$1,725
Did you know your employer also pays tax on your salary? It costs the employer $373 to pay you $7,231. In other words, every time you spend $10 of your hard-earned money, $2.39 goes to the government.
Real tax rate
22.7%
So, with you and the employer both paying tax, what used to be a 18.7% tax rate now rises to 22.7%, meaning your real tax rate is actually 4% higher than what it seemed at first.
Summary
If you make $7,231 a year living in the region of Ontario, Canada, you will be taxed $1,353. That means that your net pay will be $5,878 per year, or $490 per month. Your average tax rate is 18.7% and your marginal tax rate is 30.6%. 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 $30.55, hence, your net pay will only increase by $69.45.
Bonus Example
A $1,000 bonus will generate an extra $695 of net incomes. A $5,000 bonus will generate an extra $3,473 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 6,179
14.6%
1
British Columbia
CAD 6,062
16.2%
2
Ontario
CAD 5,878
18.7%
3
Nunavut
CAD 5,785
20.0%
4
Yukon
CAD 5,702
21.1%
5
Northwest Territories
CAD 5,654
21.8%
6
Newfoundland and Labrador
CAD 5,461
24.5%
7
Nova Scotia
CAD 5,455
24.6%
8
New Brunswick
CAD 5,413
25.1%
9
Prince Edward Island
CAD 5,385
25.5%
10
Alberta
CAD 5,371
25.7%
11
Saskatchewan
CAD 5,337
26.2%
12
Manitoba
CAD 5,316
26.5%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 7,231
0.0%
1
Germany
CAD 7,231
0.0%
2
Austria
CAD 7,231
0.0%
3
Ireland
CAD 7,231
0.0%
4
Norway
CAD 7,231
0.0%
5
Spain
CAD 6,772
6.4%
6
Switzerland
CAD 6,701
7.3%
7
Italy
CAD 6,566
9.2%
8
France
CAD 6,530
9.7%
9
Czech Republic
CAD 6,436
11.0%
10
Luxembourg
CAD 6,432
11.1%
11
Russia
CAD 6,291
13.0%
12
Hungary
CAD 5,893
18.5%
13
Sweden
CAD 5,863
18.9%
14
Ukraine
CAD 5,821
19.5%
15
Poland
CAD 5,678
21.5%
16
Greece
CAD 5,651
21.9%
17
Portugal
CAD 5,383
25.6%
18
Finland
CAD 5,007
30.8%
19
Belgium
CAD 4,917
32.0%
20
Denmark
CAD 4,780
33.9%
21
Netherlands
CAD 4,550
37.1%
22
Romania
CAD 4,230
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 6,605
8.7%
1
Canada
CAD 5,878
18.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 7,231
0.0%
1
Hong Kong
CAD 7,231
0.0%
2
Pakistan
CAD 6,989
3.3%
3
Thailand
CAD 6,836
5.5%
4
Philippines
CAD 6,740
6.8%
5
Singapore
CAD 6,660
7.9%
6
Taiwan
CAD 6,591
8.9%
7
Indonesia
CAD 6,483
10.3%
8
South Korea
CAD 6,413
11.3%
9
Malaysia
CAD 6,377
11.8%
10
New Zealand
CAD 6,371
11.9%
11
India
CAD 6,363
12.0%
12
Vietnam
CAD 5,983
17.3%
13
Japan
CAD 5,876
18.7%
14
Kazakhstan
CAD 5,727
20.8%
15
China
CAD 5,436
24.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Colombia
CAD 7,101
7.5%
1
Puerto Rico
CAD 6,656
8.0%
2
Ecuador
CAD 6,548
9.5%
3
Brazil
CAD 6,544
9.5%
4
Guatemala
CAD 6,538
9.6%
5
Mexico
CAD 6,495
10.2%
6
Costa Rica
CAD 6,472
10.5%
7
Panama
CAD 6,436
11.0%
8
Peru
CAD 6,327
12.5%
9
Chile
CAD 5,958
17.6%
10
Uruguay
CAD 5,778
20.1%
11
Argentina
CAD 4,693
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 7,127
1.4%
1
Morocco
CAD 6,483
10.4%
2
Cameroon
CAD 5,945
17.8%
3
Ivory Coast
CAD 5,891
18.5%
4
Kenya
CAD 5,813
19.6%
5
Mozambique
CAD 5,786
20.0%
6
Ghana
CAD 5,491
24.1%
7
Angola
CAD 5,457
24.5%
8
Zambia
CAD 5,244
27.5%
9
Senegal
CAD 5,119
29.2%
10
Uganda
CAD 5,110
29.3%
11
Nigeria
CAD 5,092
29.6%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 6,869
5.0%
1
Qatar
CAD 6,869
5.0%
2
Bahrain
CAD 6,653
8.0%
3
Oman
CAD 6,653
8.0%
4
Saudi Arabia
CAD 6,604
8.7%
5
Kuwait
CAD 6,436
11.0%
6
Israel
CAD 6,280
13.2%
7
Egypt
CAD 5,696
21.2%
8
Lebanon
CAD 5,687
21.4%
9
Turkey
CAD 4,475
38.1%
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.