Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$7,967
Federal tax deduction
- $945
Provincial tax deduction
- $252
CPP deduction
- $255
EI deduction
- $126
Total tax
- $1,578
Net pay
* $6,389
Marginal tax rate
30.6%
Average tax rate
19.8%
80.2%
Net pay
19.8%
Total tax
Total tax
Net pay
The Taxberg
$6,389
Net pay
$431
Tax the employer pays
$1,578
Tax you pay
Total tax paid
$2,009
Did you know your employer also pays tax on your salary? It costs the employer $431 to pay you $7,967. In other words, every time you spend $10 of your hard-earned money, $2.52 goes to the government.
Real tax rate
23.9%
So, with you and the employer both paying tax, what used to be a 19.8% tax rate now rises to 23.9%, meaning your real tax rate is actually 4.1% higher than what it seemed at first.
Summary
If you make $7,967 a year living in the region of Ontario, Canada, you will be taxed $1,578. That means that your net pay will be $6,389 per year, or $532 per month. Your average tax rate is 19.8% 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 6,772
15.0%
1
British Columbia
CAD 6,642
16.6%
2
Ontario
CAD 6,389
19.8%
3
Nunavut
CAD 6,338
20.4%
4
Yukon
CAD 6,238
21.7%
5
Northwest Territories
CAD 6,194
22.3%
6
Newfoundland and Labrador
CAD 5,982
24.9%
7
Nova Scotia
CAD 5,975
25.0%
8
New Brunswick
CAD 5,928
25.6%
9
Prince Edward Island
CAD 5,898
26.0%
10
Alberta
CAD 5,883
26.2%
11
Saskatchewan
CAD 5,845
26.6%
12
Manitoba
CAD 5,822
26.9%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 7,967
0.0%
1
Austria
CAD 7,967
0.0%
2
Ireland
CAD 7,967
0.0%
3
Norway
CAD 7,942
0.3%
4
Spain
CAD 7,461
6.4%
5
Switzerland
CAD 7,387
7.3%
6
Germany
CAD 7,318
8.1%
7
Italy
CAD 7,235
9.2%
8
France
CAD 7,194
9.7%
9
Czech Republic
CAD 7,091
11.0%
10
Luxembourg
CAD 7,087
11.1%
11
Russia
CAD 6,931
13.0%
12
Hungary
CAD 6,493
18.5%
13
Sweden
CAD 6,415
19.5%
14
Ukraine
CAD 6,413
19.5%
15
Poland
CAD 6,256
21.5%
16
Greece
CAD 6,226
21.9%
17
Portugal
CAD 5,931
25.6%
18
Finland
CAD 5,517
30.8%
19
Belgium
CAD 5,418
32.0%
20
Denmark
CAD 5,276
33.8%
21
Netherlands
CAD 5,013
37.1%
22
Romania
CAD 4,661
41.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 7,277
8.7%
1
Canada
CAD 6,389
19.8%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 7,967
0.0%
1
Hong Kong
CAD 7,967
0.0%
2
Pakistan
CAD 7,633
4.2%
3
Thailand
CAD 7,527
5.5%
4
Philippines
CAD 7,321
8.1%
5
Taiwan
CAD 7,262
8.9%
6
Indonesia
CAD 7,090
11.0%
7
South Korea
CAD 7,056
11.4%
8
Malaysia
CAD 7,029
11.8%
9
New Zealand
CAD 7,020
11.9%
10
India
CAD 7,011
12.0%
11
Singapore
CAD 6,947
12.8%
12
Vietnam
CAD 6,557
17.7%
13
Japan
CAD 6,474
18.7%
14
Kazakhstan
CAD 6,310
20.8%
15
China
CAD 5,989
24.8%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 7,334
8.0%
1
Colombia
CAD 7,365
8.0%
2
Ecuador
CAD 7,214
9.5%
3
Guatemala
CAD 7,203
9.6%
4
Brazil
CAD 7,146
10.3%
5
Costa Rica
CAD 7,130
10.5%
6
Mexico
CAD 7,128
10.5%
7
Panama
CAD 7,091
11.0%
8
Peru
CAD 6,971
12.5%
9
Chile
CAD 6,565
17.6%
10
Uruguay
CAD 6,366
20.1%
11
Argentina
CAD 5,169
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 7,723
3.1%
1
Morocco
CAD 7,068
11.3%
2
Cameroon
CAD 6,473
18.8%
3
Ivory Coast
CAD 6,425
19.4%
4
Mozambique
CAD 6,352
20.3%
5
Kenya
CAD 6,325
20.6%
6
Ghana
CAD 6,013
24.5%
7
Angola
CAD 5,999
24.7%
8
Zambia
CAD 5,660
29.0%
9
Senegal
CAD 5,593
29.8%
10
Nigeria
CAD 5,592
29.8%
11
Uganda
CAD 5,588
29.9%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 7,569
5.0%
1
Qatar
CAD 7,569
5.0%
2
Bahrain
CAD 7,330
8.0%
3
Oman
CAD 7,330
8.0%
4
Saudi Arabia
CAD 7,170
10.0%
5
Kuwait
CAD 7,091
11.0%
6
Israel
CAD 6,919
13.2%
7
Egypt
CAD 6,267
21.3%
8
Lebanon
CAD 6,239
21.7%
9
Turkey
CAD 4,904
38.5%
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.