Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$21,049
Federal tax deduction
- $2,764
Provincial tax deduction
- $1,179
CPP deduction
- $1,000
EI deduction
- $333
Total tax
- $5,277
Net pay
* $15,772
Marginal tax rate
27.1%
Average tax rate
25.1%
74.9%
Net pay
25.1%
Total tax
Total tax
Net pay
The Taxberg
$15,772
Net pay
$1,466
Tax the employer pays
$5,277
Tax you pay
Total tax paid
$6,743
Did you know your employer also pays tax on your salary? It costs the employer $1,466 to pay you $21,049. 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 25.1% tax rate now rises to 29.9%, meaning your real tax rate is actually 4.8% higher than what it seemed at first.
Summary
If you make $21,049 a year living in the region of Yukon, Canada, you will be taxed $5,277. That means that your net pay will be $15,772 per year, or $1,314 per month. Your average tax rate is 25.1% 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.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Quebec
CAD 16,763
20.4%
1
British Columbia
CAD 16,422
22.0%
2
Nunavut
CAD 16,163
23.2%
3
Ontario
CAD 15,893
24.5%
4
Northwest Territories
CAD 15,789
25.0%
5
Yukon
CAD 15,772
25.1%
6
Newfoundland and Labrador
CAD 15,236
27.6%
7
Nova Scotia
CAD 15,219
27.7%
8
New Brunswick
CAD 15,098
28.3%
9
Prince Edward Island
CAD 15,020
28.6%
10
Alberta
CAD 14,980
28.8%
11
Saskatchewan
CAD 14,882
29.3%
12
Manitoba
CAD 14,822
29.6%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 21,049
0.0%
1
Ireland
CAD 20,895
0.7%
2
Spain
CAD 19,588
6.9%
3
Switzerland
CAD 19,570
7.0%
4
France
CAD 18,592
11.7%
5
Norway
CAD 18,483
12.2%
6
Russia
CAD 18,313
13.0%
7
Luxembourg
CAD 18,186
13.6%
8
Austria
CAD 17,876
15.1%
9
Italy
CAD 17,600
16.4%
10
Czech Republic
CAD 17,380
17.4%
11
Hungary
CAD 17,155
18.5%
12
Ukraine
CAD 16,944
19.5%
13
Germany
CAD 16,891
19.8%
14
Greece
CAD 16,028
23.9%
15
Sweden
CAD 15,903
24.5%
16
Poland
CAD 15,177
27.9%
17
Portugal
CAD 14,507
31.1%
18
Finland
CAD 14,335
31.9%
19
Belgium
CAD 14,242
32.3%
20
Denmark
CAD 14,077
33.1%
21
Netherlands
CAD 13,246
37.1%
22
Romania
CAD 12,314
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 18,562
11.8%
1
Canada
CAD 15,893
24.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 20,110
4.5%
1
Hong Kong
CAD 19,997
5.0%
2
Thailand
CAD 19,448
7.6%
3
Taiwan
CAD 19,187
8.8%
4
South Korea
CAD 18,347
12.8%
5
Pakistan
CAD 18,256
13.3%
6
New Zealand
CAD 17,886
15.0%
7
Malaysia
CAD 17,886
15.0%
8
Indonesia
CAD 17,828
15.3%
9
Philippines
CAD 17,089
18.8%
10
Japan
CAD 17,055
19.0%
11
Singapore
CAD 16,840
20.0%
12
Kazakhstan
CAD 16,699
20.7%
13
Vietnam
CAD 16,162
23.2%
14
India
CAD 15,182
27.9%
15
China
CAD 14,890
29.3%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 19,149
9.0%
1
Guatemala
CAD 19,031
9.6%
2
Ecuador
CAD 18,896
10.2%
3
Costa Rica
CAD 18,839
10.5%
4
Colombia
CAD 18,789
10.7%
5
Panama
CAD 18,224
13.4%
6
Chile
CAD 17,193
18.3%
7
Mexico
CAD 17,178
18.4%
8
Uruguay
CAD 16,585
21.2%
9
Peru
CAD 16,350
22.3%
10
Brazil
CAD 16,046
23.8%
11
Argentina
CAD 13,672
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 18,079
14.1%
1
Mozambique
CAD 15,924
24.4%
2
Morocco
CAD 15,696
25.4%
3
Angola
CAD 15,554
26.1%
4
Kenya
CAD 15,440
26.7%
5
Ivory Coast
CAD 15,363
27.0%
6
Ghana
CAD 15,285
27.4%
7
Cameroon
CAD 14,552
30.9%
8
Nigeria
CAD 14,491
31.2%
9
Uganda
CAD 14,091
33.1%
10
Senegal
CAD 13,977
33.6%
11
Zambia
CAD 13,352
36.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 19,997
5.0%
1
Qatar
CAD 19,997
5.0%
2
Bahrain
CAD 19,365
8.0%
3
Oman
CAD 19,365
8.0%
4
Saudi Arabia
CAD 18,944
10.0%
5
Kuwait
CAD 18,734
11.0%
6
Israel
CAD 18,281
13.2%
7
Egypt
CAD 16,172
23.2%
8
Lebanon
CAD 16,050
23.8%
9
Turkey
CAD 11,792
44.0%
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.