Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$7,378
Federal tax deduction
- $863
Provincial tax deduction
- $197
CPP deduction
- $221
EI deduction
- $117
Total tax
- $1,398
Net pay
* $5,980
Marginal tax rate
30.6%
Average tax rate
18.9%
81.1%
Net pay
18.9%
Total tax
Total tax
Net pay
The Taxberg
$5,980
Net pay
$384
Tax the employer pays
$1,398
Tax you pay
Total tax paid
$1,782
Did you know your employer also pays tax on your salary? It costs the employer $384 to pay you $7,378. In other words, every time you spend $10 of your hard-earned money, $2.42 goes to the government.
Real tax rate
23.0%
So, with you and the employer both paying tax, what used to be a 18.9% tax rate now rises to 23.0%, meaning your real tax rate is actually 4.1% higher than what it seemed at first.
Summary
If you make $7,378 a year living in the region of Ontario, Canada, you will be taxed $1,398. That means that your net pay will be $5,980 per year, or $498 per month. Your average tax rate is 18.9% 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 6,297
14.6%
1
British Columbia
CAD 6,177
16.3%
2
Ontario
CAD 5,980
18.9%
3
Nunavut
CAD 5,896
20.1%
4
Yukon
CAD 5,809
21.3%
5
Northwest Territories
CAD 5,762
21.9%
6
Newfoundland and Labrador
CAD 5,565
24.6%
7
Nova Scotia
CAD 5,559
24.7%
8
New Brunswick
CAD 5,516
25.2%
9
Prince Edward Island
CAD 5,487
25.6%
10
Alberta
CAD 5,473
25.8%
11
Saskatchewan
CAD 5,438
26.3%
12
Manitoba
CAD 5,417
26.6%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 7,378
0.0%
1
Germany
CAD 7,378
0.0%
2
Austria
CAD 7,378
0.0%
3
Ireland
CAD 7,378
0.0%
4
Norway
CAD 7,378
0.0%
5
Spain
CAD 6,909
6.4%
6
Switzerland
CAD 6,838
7.3%
7
Italy
CAD 6,700
9.2%
8
France
CAD 6,662
9.7%
9
Czech Republic
CAD 6,566
11.0%
10
Luxembourg
CAD 6,563
11.1%
11
Russia
CAD 6,419
13.0%
12
Hungary
CAD 6,013
18.5%
13
Sweden
CAD 5,973
19.0%
14
Ukraine
CAD 5,939
19.5%
15
Poland
CAD 5,793
21.5%
16
Greece
CAD 5,766
21.9%
17
Portugal
CAD 5,493
25.6%
18
Finland
CAD 5,109
30.8%
19
Belgium
CAD 5,017
32.0%
20
Denmark
CAD 4,879
33.9%
21
Netherlands
CAD 4,642
37.1%
22
Romania
CAD 4,316
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 6,739
8.7%
1
Canada
CAD 5,980
18.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 7,378
0.0%
1
Hong Kong
CAD 7,378
0.0%
2
Pakistan
CAD 7,118
3.5%
3
Thailand
CAD 6,971
5.5%
4
Philippines
CAD 6,856
7.1%
5
Taiwan
CAD 6,725
8.9%
6
Singapore
CAD 6,718
8.9%
7
Indonesia
CAD 6,604
10.5%
8
South Korea
CAD 6,541
11.3%
9
Malaysia
CAD 6,507
11.8%
10
New Zealand
CAD 6,501
11.9%
11
India
CAD 6,493
12.0%
12
Vietnam
CAD 6,098
17.4%
13
Japan
CAD 5,995
18.7%
14
Kazakhstan
CAD 5,843
20.8%
15
China
CAD 5,546
24.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Colombia
CAD 7,154
7.6%
1
Puerto Rico
CAD 6,791
8.0%
2
Ecuador
CAD 6,681
9.5%
3
Guatemala
CAD 6,671
9.6%
4
Brazil
CAD 6,666
9.7%
5
Mexico
CAD 6,622
10.2%
6
Costa Rica
CAD 6,603
10.5%
7
Panama
CAD 6,566
11.0%
8
Peru
CAD 6,456
12.5%
9
Chile
CAD 6,079
17.6%
10
Uruguay
CAD 5,895
20.1%
11
Argentina
CAD 4,786
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 7,246
1.8%
1
Morocco
CAD 6,603
10.5%
2
Cameroon
CAD 6,054
18.0%
3
Ivory Coast
CAD 5,998
18.7%
4
Kenya
CAD 5,916
19.8%
5
Mozambique
CAD 5,899
20.1%
6
Ghana
CAD 5,595
24.2%
7
Angola
CAD 5,566
24.6%
8
Zambia
CAD 5,328
27.8%
9
Senegal
CAD 5,214
29.3%
10
Uganda
CAD 5,205
29.5%
11
Nigeria
CAD 5,192
29.6%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 7,009
5.0%
1
Qatar
CAD 7,009
5.0%
2
Bahrain
CAD 6,788
8.0%
3
Oman
CAD 6,788
8.0%
4
Saudi Arabia
CAD 6,651
9.9%
5
Kuwait
CAD 6,566
11.0%
6
Israel
CAD 6,408
13.2%
7
Egypt
CAD 5,810
21.3%
8
Lebanon
CAD 5,797
21.4%
9
Turkey
CAD 4,561
38.2%
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.