Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$17,143
Federal tax deduction
- $2,221
Provincial tax deduction
- $948
CPP deduction
- $778
EI deduction
- $271
Total tax
- $4,217
Net pay
* $12,926
Marginal tax rate
27.1%
Average tax rate
24.6%
75.4%
Net pay
24.6%
Total tax
Total tax
Net pay
The Taxberg
$12,926
Net pay
$1,157
Tax the employer pays
$4,217
Tax you pay
Total tax paid
$5,374
Did you know your employer also pays tax on your salary? It costs the employer $1,157 to pay you $17,143. In other words, every time you spend $10 of your hard-earned money, $3.13 goes to the government.
Real tax rate
29.4%
So, with you and the employer both paying tax, what used to be a 24.6% tax rate now rises to 29.4%, meaning your real tax rate is actually 4.8% higher than what it seemed at first.
Summary
If you make $17,143 a year living in the region of Yukon, Canada, you will be taxed $4,217. That means that your net pay will be $12,926 per year, or $1,077 per month. Your average tax rate is 24.6% and your marginal tax rate is 27.1%. 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 $27.13, hence, your net pay will only increase by $72.87.
Bonus Example
A $1,000 bonus will generate an extra $729 of net incomes. A $5,000 bonus will generate an extra $3,644 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
CAD 15,426
10.0%
1
Canada
CAD 13,061
23.8%
2
NOTE* Withholding is calculated based on the Yukon 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.