Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$8,115
Federal tax deduction
- $966
Provincial tax deduction
- $266
CPP deduction
- $263
EI deduction
- $128
Total tax
- $1,623
Net pay
* $6,492
Marginal tax rate
30.6%
Average tax rate
20.0%
80.0%
Net pay
20.0%
Total tax
Total tax
Net pay
The Taxberg
$6,492
Net pay
$443
Tax the employer pays
$1,623
Tax you pay
Total tax paid
$2,065
Did you know your employer also pays tax on your salary? It costs the employer $443 to pay you $8,115. In other words, every time you spend $10 of your hard-earned money, $2.55 goes to the government.
Real tax rate
24.1%
So, with you and the employer both paying tax, what used to be a 20% tax rate now rises to 24.1%, meaning your real tax rate is actually 4.1% higher than what it seemed at first.
Summary
If you make $8,115 a year living in the region of Ontario, Canada, you will be taxed $1,623. That means that your net pay will be $6,492 per year, or $541 per month. Your average tax rate is 20.0% 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.
North America
Country 
Net pay
Average tax
Rank
USA
CAD 7,412
8.7%
1
Canada
CAD 6,492
20.0%
2
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 7,843
3.4%
1
Morocco
CAD 7,179
11.5%
2
Cameroon
CAD 6,575
19.0%
3
Ivory Coast
CAD 6,532
19.5%
4
Mozambique
CAD 6,466
20.3%
5
Kenya
CAD 6,428
20.8%
6
Ghana
CAD 6,118
24.6%
7
Angola
CAD 6,108
24.7%
8
Zambia
CAD 5,744
29.2%
9
Nigeria
CAD 5,693
29.9%
10
Senegal
CAD 5,688
29.9%
11
Uganda
CAD 5,684
30.0%
12
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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.