Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$9,487
Federal tax deduction
- $1,156
Provincial tax deduction
- $395
CPP deduction
- $341
EI deduction
- $150
Total tax
- $2,042
Net pay
* $7,445
Marginal tax rate
30.6%
Average tax rate
21.5%
78.5%
Net pay
21.5%
Total tax
Total tax
Net pay
The Taxberg
$7,445
Net pay
$551
Tax the employer pays
$2,042
Tax you pay
Total tax paid
$2,593
Did you know your employer also pays tax on your salary? It costs the employer $551 to pay you $9,487. In other words, every time you spend $10 of your hard-earned money, $2.73 goes to the government.
Real tax rate
25.8%
So, with you and the employer both paying tax, what used to be a 21.5% tax rate now rises to 25.8%, meaning your real tax rate is actually 4.3% higher than what it seemed at first.
Summary
If you make $9,487 a year living in the region of Ontario, Canada, you will be taxed $2,042. That means that your net pay will be $7,445 per year, or $620 per month. Your average tax rate is 21.5% 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 7,997
15.7%
1
British Columbia
CAD 7,840
17.4%
2
Nunavut
CAD 7,480
21.2%
3
Ontario
CAD 7,445
21.5%
4
Yukon
CAD 7,346
22.6%
5
Northwest Territories
CAD 7,309
23.0%
6
Newfoundland and Labrador
CAD 7,057
25.6%
7
Nova Scotia
CAD 7,049
25.7%
8
New Brunswick
CAD 6,994
26.3%
9
Prince Edward Island
CAD 6,958
26.7%
10
Alberta
CAD 6,940
26.8%
11
Saskatchewan
CAD 6,895
27.3%
12
Manitoba
CAD 6,868
27.6%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 8,670
8.6%
1
Canada
CAD 7,445
21.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 9,487
0.0%
1
Hong Kong
CAD 9,487
0.0%
2
Thailand
CAD 8,971
5.4%
3
Pakistan
CAD 8,963
5.5%
4
Taiwan
CAD 8,647
8.9%
5
Philippines
CAD 8,520
10.2%
6
South Korea
CAD 8,383
11.6%
7
Malaysia
CAD 8,371
11.8%
8
New Zealand
CAD 8,359
11.9%
9
Indonesia
CAD 8,343
12.1%
10
India
CAD 7,881
16.9%
11
Vietnam
CAD 7,713
18.7%
12
Japan
CAD 7,709
18.7%
13
Singapore
CAD 7,590
20.0%
14
Kazakhstan
CAD 7,514
20.8%
15
China
CAD 6,926
27.0%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 8,733
8.0%
1
Colombia
CAD 8,728
8.0%
2
Ecuador
CAD 8,590
9.5%
3
Guatemala
CAD 8,577
9.6%
4
Costa Rica
CAD 8,491
10.5%
5
Panama
CAD 8,443
11.0%
6
Mexico
CAD 8,354
11.9%
7
Brazil
CAD 8,354
11.9%
8
Peru
CAD 8,301
12.5%
9
Chile
CAD 7,817
17.6%
10
Uruguay
CAD 7,580
20.1%
11
Argentina
CAD 6,157
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 8,954
5.6%
1
Morocco
CAD 8,154
14.1%
2
Mozambique
CAD 7,523
20.7%
3
Cameroon
CAD 7,518
20.8%
4
Ivory Coast
CAD 7,515
20.8%
5
Kenya
CAD 7,375
22.3%
6
Angola
CAD 7,113
25.0%
7
Ghana
CAD 7,090
25.3%
8
Nigeria
CAD 6,626
30.2%
9
Uganda
CAD 6,576
30.7%
10
Senegal
CAD 6,548
31.0%
11
Zambia
CAD 6,519
31.3%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 9,013
5.0%
1
Qatar
CAD 9,013
5.0%
2
Bahrain
CAD 8,728
8.0%
3
Oman
CAD 8,728
8.0%
4
Saudi Arabia
CAD 8,538
10.0%
5
Kuwait
CAD 8,443
11.0%
6
Israel
CAD 8,239
13.2%
7
Egypt
CAD 7,445
21.5%
8
Lebanon
CAD 7,379
22.2%
9
Turkey
CAD 5,789
39.0%
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.