Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$18,365
Federal tax deduction
- $2,391
Provincial tax deduction
- $1,020
CPP deduction
- $847
EI deduction
- $290
Total tax
- $4,549
Net pay
* $13,816
Marginal tax rate
27.1%
Average tax rate
24.8%
75.2%
Net pay
24.8%
Total tax
Total tax
Net pay
The Taxberg
$13,816
Net pay
$1,254
Tax the employer pays
$4,549
Tax you pay
Total tax paid
$5,802
Did you know your employer also pays tax on your salary? It costs the employer $1,254 to pay you $18,365. In other words, every time you spend $10 of your hard-earned money, $3.16 goes to the government.
Real tax rate
29.6%
So, with you and the employer both paying tax, what used to be a 24.8% tax rate now rises to 29.6%, meaning your real tax rate is actually 4.8% higher than what it seemed at first.
Summary
If you make $18,365 a year living in the region of Yukon, Canada, you will be taxed $4,549. That means that your net pay will be $13,816 per year, or $1,151 per month. Your average tax rate is 24.8% 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 $27.12, hence, your net pay will only increase by $72.88.
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.
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 14,986
18.4%
1
British Columbia
CAD 14,456
21.3%
2
Nunavut
CAD 14,147
23.0%
3
Ontario
CAD 13,966
24.0%
4
Northwest Territories
CAD 13,820
24.7%
5
Yukon
CAD 13,816
24.8%
6
Newfoundland and Labrador
CAD 13,338
27.4%
7
Nova Scotia
CAD 13,322
27.5%
8
New Brunswick
CAD 13,217
28.0%
9
Prince Edward Island
CAD 13,148
28.4%
10
Alberta
CAD 13,114
28.6%
11
Saskatchewan
CAD 13,028
29.1%
12
Manitoba
CAD 12,976
29.3%
13
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 16,473
10.3%
1
Canada
CAD 13,966
24.0%
2
Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 16,858
8.2%
1
Guatemala
CAD 16,604
9.6%
2
Ecuador
CAD 16,588
9.7%
3
Colombia
CAD 16,582
9.7%
4
Costa Rica
CAD 16,437
10.5%
5
Panama
CAD 16,194
11.8%
6
Mexico
CAD 15,142
17.6%
7
Chile
CAD 15,070
17.9%
8
Uruguay
CAD 14,642
20.3%
9
Peru
CAD 14,331
22.0%
10
Brazil
CAD 14,327
22.0%
11
Argentina
CAD 11,928
35.1%
12
Show more
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.