Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$7,508
Federal tax deduction
- $881
Provincial tax deduction
- $209
CPP deduction
- $228
EI deduction
- $119
Total tax
- $1,437
Net pay
* $6,071
Marginal tax rate
30.6%
Average tax rate
19.1%
80.9%
Net pay
19.1%
Total tax
Total tax
Net pay
The Taxberg
$6,071
Net pay
$395
Tax the employer pays
$1,437
Tax you pay
Total tax paid
$1,832
Did you know your employer also pays tax on your salary? It costs the employer $395 to pay you $7,508. In other words, every time you spend $10 of your hard-earned money, $2.44 goes to the government.
Real tax rate
23.2%
So, with you and the employer both paying tax, what used to be a 19.1% tax rate now rises to 23.2%, meaning your real tax rate is actually 4.1% higher than what it seemed at first.
Summary
If you make $7,508 a year living in the region of Ontario, Canada, you will be taxed $1,437. That means that your net pay will be $6,071 per year, or $506 per month. Your average tax rate is 19.2% 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 6,402
14.7%
1
British Columbia
CAD 6,280
16.4%
2
Ontario
CAD 6,071
19.1%
3
Nunavut
CAD 5,993
20.2%
4
Yukon
CAD 5,904
21.4%
5
Northwest Territories
CAD 5,857
22.0%
6
Newfoundland and Labrador
CAD 5,657
24.7%
7
Nova Scotia
CAD 5,650
24.7%
8
New Brunswick
CAD 5,607
25.3%
9
Prince Edward Island
CAD 5,578
25.7%
10
Alberta
CAD 5,564
25.9%
11
Saskatchewan
CAD 5,528
26.4%
12
Manitoba
CAD 5,506
26.7%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 6,858
8.7%
1
Canada
CAD 6,071
19.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 7,508
0.0%
1
Hong Kong
CAD 7,508
0.0%
2
Pakistan
CAD 7,232
3.7%
3
Thailand
CAD 7,090
5.6%
4
Philippines
CAD 6,959
7.3%
5
Taiwan
CAD 6,843
8.9%
6
Singapore
CAD 6,769
9.9%
7
Indonesia
CAD 6,712
10.6%
8
South Korea
CAD 6,655
11.4%
9
Malaysia
CAD 6,622
11.8%
10
New Zealand
CAD 6,615
11.9%
11
India
CAD 6,607
12.0%
12
Vietnam
CAD 6,199
17.4%
13
Japan
CAD 6,101
18.7%
14
Kazakhstan
CAD 5,946
20.8%
15
China
CAD 5,644
24.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Colombia
CAD 7,200
7.7%
1
Puerto Rico
CAD 6,911
8.0%
2
Ecuador
CAD 6,798
9.5%
3
Guatemala
CAD 6,788
9.6%
4
Brazil
CAD 6,772
9.8%
5
Mexico
CAD 6,735
10.3%
6
Costa Rica
CAD 6,720
10.5%
7
Panama
CAD 6,682
11.0%
8
Peru
CAD 6,569
12.5%
9
Chile
CAD 6,187
17.6%
10
Uruguay
CAD 5,999
20.1%
11
Argentina
CAD 4,871
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 7,351
2.1%
1
Morocco
CAD 6,710
10.6%
2
Cameroon
CAD 6,150
18.1%
3
Ivory Coast
CAD 6,092
18.9%
4
Kenya
CAD 6,007
20.0%
5
Mozambique
CAD 5,999
20.1%
6
Ghana
CAD 5,687
24.3%
7
Angola
CAD 5,661
24.6%
8
Zambia
CAD 5,401
28.1%
9
Senegal
CAD 5,297
29.4%
10
Uganda
CAD 5,290
29.6%
11
Nigeria
CAD 5,280
29.7%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 7,133
5.0%
1
Qatar
CAD 7,133
5.0%
2
Bahrain
CAD 6,907
8.0%
3
Oman
CAD 6,907
8.0%
4
Saudi Arabia
CAD 6,757
10.0%
5
Kuwait
CAD 6,682
11.0%
6
Israel
CAD 6,521
13.2%
7
Egypt
CAD 5,911
21.3%
8
Lebanon
CAD 5,895
21.5%
9
Turkey
CAD 4,637
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.