Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$18,470
Federal tax deduction
- $2,406
Provincial tax deduction
- $1,026
CPP deduction
- $853
EI deduction
- $292
Total tax
- $4,577
Net pay
* $13,893
Marginal tax rate
27.1%
Average tax rate
24.8%
75.2%
Net pay
24.8%
Total tax
Total tax
Net pay
The Taxberg
$13,893
Net pay
$1,262
Tax the employer pays
$4,577
Tax you pay
Total tax paid
$5,839
Did you know your employer also pays tax on your salary? It costs the employer $1,262 to pay you $18,470. 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 $18,470 a year living in the region of Yukon, Canada, you will be taxed $4,577. That means that your net pay will be $13,893 per year, or $1,158 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 $27.13, 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
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 15,056
18.5%
1
British Columbia
CAD 14,534
21.3%
2
Nunavut
CAD 14,226
23.0%
3
Ontario
CAD 14,044
24.0%
4
Northwest Territories
CAD 13,897
24.8%
5
Yukon
CAD 13,893
24.8%
6
Newfoundland and Labrador
CAD 13,412
27.4%
7
Nova Scotia
CAD 13,396
27.5%
8
New Brunswick
CAD 13,291
28.0%
9
Prince Edward Island
CAD 13,221
28.4%
10
Alberta
CAD 13,187
28.6%
11
Saskatchewan
CAD 13,100
29.1%
12
Manitoba
CAD 13,048
29.4%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 18,470
0.0%
1
Ireland
CAD 18,470
0.0%
2
Spain
CAD 17,297
6.4%
3
Switzerland
CAD 17,176
7.0%
4
France
CAD 16,519
10.6%
5
Norway
CAD 16,417
11.1%
6
Luxembourg
CAD 16,166
12.5%
7
Russia
CAD 16,069
13.0%
8
Italy
CAD 16,030
13.2%
9
Austria
CAD 15,704
15.0%
10
Czech Republic
CAD 15,471
16.2%
11
Hungary
CAD 15,053
18.5%
12
Ukraine
CAD 14,868
19.5%
13
Germany
CAD 14,836
19.7%
14
Greece
CAD 14,301
22.6%
15
Sweden
CAD 14,174
23.3%
16
Poland
CAD 13,530
26.8%
17
Portugal
CAD 12,947
29.9%
18
Finland
CAD 12,790
30.8%
19
Belgium
CAD 12,560
32.0%
20
Denmark
CAD 12,342
33.2%
21
Netherlands
CAD 11,623
37.1%
22
Romania
CAD 10,805
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 16,555
10.4%
1
Canada
CAD 14,044
24.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 18,112
1.9%
1
Hong Kong
CAD 17,547
5.0%
2
Thailand
CAD 17,201
6.9%
3
Taiwan
CAD 16,835
8.9%
4
Pakistan
CAD 16,307
11.7%
5
South Korea
CAD 16,169
12.5%
6
Malaysia
CAD 15,873
14.1%
7
New Zealand
CAD 15,795
14.5%
8
Indonesia
CAD 15,750
14.7%
9
Philippines
CAD 15,229
17.6%
10
Japan
CAD 15,008
18.7%
11
Singapore
CAD 14,777
20.0%
12
Kazakhstan
CAD 14,629
20.8%
13
Vietnam
CAD 14,315
22.5%
14
India
CAD 13,717
25.7%
15
China
CAD 13,091
29.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 16,948
8.2%
1
Guatemala
CAD 16,699
9.6%
2
Ecuador
CAD 16,678
9.7%
3
Colombia
CAD 16,672
9.7%
4
Costa Rica
CAD 16,531
10.5%
5
Panama
CAD 16,273
11.9%
6
Mexico
CAD 15,221
17.6%
7
Chile
CAD 15,153
18.0%
8
Uruguay
CAD 14,722
20.3%
9
Peru
CAD 14,410
22.0%
10
Brazil
CAD 14,392
22.1%
11
Argentina
CAD 11,996
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 16,170
12.5%
1
Mozambique
CAD 14,067
23.8%
2
Morocco
CAD 14,033
24.0%
3
Angola
CAD 13,678
25.9%
4
Ivory Coast
CAD 13,665
26.0%
5
Kenya
CAD 13,635
26.2%
6
Ghana
CAD 13,457
27.1%
7
Cameroon
CAD 13,012
29.6%
8
Nigeria
CAD 12,736
31.0%
9
Uganda
CAD 12,415
32.8%
10
Senegal
CAD 12,352
33.1%
11
Zambia
CAD 11,766
36.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 17,546
5.0%
1
Qatar
CAD 17,546
5.0%
2
Bahrain
CAD 16,992
8.0%
3
Oman
CAD 16,992
8.0%
4
Saudi Arabia
CAD 16,623
10.0%
5
Kuwait
CAD 16,438
11.0%
6
Israel
CAD 16,041
13.2%
7
Egypt
CAD 14,237
22.9%
8
Lebanon
CAD 14,116
23.6%
9
Turkey
CAD 10,213
44.7%
10
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.