Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$20,774
Federal tax deduction
- $2,726
Provincial tax deduction
- $1,163
CPP deduction
- $985
EI deduction
- $328
Total tax
- $5,202
Net pay
* $15,572
Marginal tax rate
27.1%
Average tax rate
25.0%
75.0%
Net pay
25.0%
Total tax
Total tax
Net pay
The Taxberg
$15,572
Net pay
$1,444
Tax the employer pays
$5,202
Tax you pay
Total tax paid
$6,646
Did you know your employer also pays tax on your salary? It costs the employer $1,444 to pay you $20,774. In other words, every time you spend $10 of your hard-earned money, $3.20 goes to the government.
Real tax rate
29.9%
So, with you and the employer both paying tax, what used to be a 25% tax rate now rises to 29.9%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
Summary
If you make $20,774 a year living in the region of Yukon, Canada, you will be taxed $5,202. That means that your net pay will be $15,572 per year, or $1,298 per month. Your average tax rate is 25.0% 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.
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 16,582
20.2%
1
British Columbia
CAD 16,224
21.9%
2
Nunavut
CAD 15,957
23.2%
3
Ontario
CAD 15,706
24.4%
4
Northwest Territories
CAD 15,587
25.0%
5
Yukon
CAD 15,572
25.0%
6
Newfoundland and Labrador
CAD 15,042
27.6%
7
Nova Scotia
CAD 15,024
27.7%
8
New Brunswick
CAD 14,906
28.2%
9
Prince Edward Island
CAD 14,828
28.6%
10
Alberta
CAD 14,789
28.8%
11
Saskatchewan
CAD 14,692
29.3%
12
Manitoba
CAD 14,633
29.6%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 20,774
0.0%
1
Ireland
CAD 20,626
0.7%
2
Spain
CAD 19,453
6.4%
3
Switzerland
CAD 19,319
7.0%
4
France
CAD 18,371
11.6%
5
Norway
CAD 18,263
12.1%
6
Russia
CAD 18,073
13.0%
7
Luxembourg
CAD 17,972
13.5%
8
Austria
CAD 17,662
15.0%
9
Italy
CAD 17,432
16.1%
10
Czech Republic
CAD 17,176
17.3%
11
Hungary
CAD 16,931
18.5%
12
Ukraine
CAD 16,723
19.5%
13
Germany
CAD 16,686
19.7%
14
Greece
CAD 15,844
23.7%
15
Sweden
CAD 15,719
24.3%
16
Poland
CAD 15,001
27.8%
17
Portugal
CAD 14,341
31.0%
18
Finland
CAD 14,144
31.9%
19
Belgium
CAD 14,097
32.1%
20
Denmark
CAD 13,892
33.1%
21
Netherlands
CAD 13,073
37.1%
22
Romania
CAD 12,153
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 18,348
11.7%
1
Canada
CAD 15,706
24.4%
2
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 17,875
14.0%
1
Mozambique
CAD 15,726
24.3%
2
Morocco
CAD 15,519
25.3%
3
Angola
CAD 15,354
26.1%
4
Kenya
CAD 15,248
26.6%
5
Ivory Coast
CAD 15,182
26.9%
6
Ghana
CAD 15,090
27.4%
7
Cameroon
CAD 14,386
30.8%
8
Nigeria
CAD 14,304
31.2%
9
Uganda
CAD 13,913
33.0%
10
Senegal
CAD 13,804
33.6%
11
Zambia
CAD 13,183
36.5%
12
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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.