Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$9,924
Federal tax deduction
- $1,217
Provincial tax deduction
- $436
CPP deduction
- $366
EI deduction
- $157
Total tax
- $2,176
Net pay
* $7,748
Marginal tax rate
30.3%
Average tax rate
21.9%
78.1%
Net pay
21.9%
Total tax
Total tax
Net pay
The Taxberg
$7,748
Net pay
$586
Tax the employer pays
$2,176
Tax you pay
Total tax paid
$2,761
Did you know your employer also pays tax on your salary? It costs the employer $586 to pay you $9,924. In other words, every time you spend $10 of your hard-earned money, $2.78 goes to the government.
Real tax rate
26.3%
So, with you and the employer both paying tax, what used to be a 21.9% tax rate now rises to 26.3%, meaning your real tax rate is actually 4.4% higher than what it seemed at first.
Summary
If you make $9,924 a year living in the region of Ontario, Canada, you will be taxed $2,176. That means that your net pay will be $7,748 per year, or $646 per month. Your average tax rate is 21.9% and your marginal tax rate is 30.3%. 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 $30.29, hence, your net pay will only increase by $69.71.
Bonus Example
A $1,000 bonus will generate an extra $697 of net incomes. A $5,000 bonus will generate an extra $3,486 of net incomes.
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 8,350
15.9%
1
British Columbia
CAD 8,184
17.5%
2
Nunavut
CAD 7,808
21.3%
3
Ontario
CAD 7,748
21.9%
4
Yukon
CAD 7,665
22.8%
5
Northwest Territories
CAD 7,629
23.1%
6
Newfoundland and Labrador
CAD 7,366
25.8%
7
Nova Scotia
CAD 7,358
25.9%
8
New Brunswick
CAD 7,300
26.4%
9
Prince Edward Island
CAD 7,263
26.8%
10
Alberta
CAD 7,244
27.0%
11
Saskatchewan
CAD 7,197
27.5%
12
Manitoba
CAD 7,169
27.8%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 9,067
8.6%
1
Canada
CAD 7,748
21.9%
2
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.