Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$8,500
Federal tax deduction
- $1,019
Provincial tax deduction
- $435
CPP deduction
- $285
EI deduction
- $134
Total tax
- $1,873
Net pay
* $6,627
Marginal tax rate
27.1%
Average tax rate
22.0%
78.0%
Net pay
22.0%
Total tax
Total tax
Net pay
The Taxberg
$6,627
Net pay
$473
Tax the employer pays
$1,873
Tax you pay
Total tax paid
$2,346
Did you know your employer also pays tax on your salary? It costs the employer $473 to pay you $8,500. In other words, every time you spend $10 of your hard-earned money, $2.76 goes to the government.
Real tax rate
26.1%
So, with you and the employer both paying tax, what used to be a 22% tax rate now rises to 26.1%, meaning your real tax rate is actually 4.1% higher than what it seemed at first.
Summary
If you make $8,500 a year living in the region of Yukon, Canada, you will be taxed $1,873. That means that your net pay will be $6,627 per year, or $552 per month. Your average tax rate is 22.0% 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 $27.12, 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 7,202
15.3%
1
British Columbia
CAD 7,062
16.9%
2
Ontario
CAD 6,760
20.5%
3
Nunavut
CAD 6,738
20.7%
4
Yukon
CAD 6,627
22.0%
5
Northwest Territories
CAD 6,585
22.5%
6
Newfoundland and Labrador
CAD 6,359
25.2%
7
Nova Scotia
CAD 6,351
25.3%
8
New Brunswick
CAD 6,302
25.9%
9
Prince Edward Island
CAD 6,270
26.2%
10
Alberta
CAD 6,254
26.4%
11
Saskatchewan
CAD 6,213
26.9%
12
Manitoba
CAD 6,189
27.2%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 8,500
0.0%
1
Austria
CAD 8,500
0.0%
2
Ireland
CAD 8,500
0.0%
3
Norway
CAD 8,400
1.2%
4
Spain
CAD 7,960
6.4%
5
Switzerland
CAD 7,884
7.3%
6
Italy
CAD 7,719
9.2%
7
France
CAD 7,676
9.7%
8
Czech Republic
CAD 7,565
11.0%
9
Luxembourg
CAD 7,561
11.1%
10
Russia
CAD 7,395
13.0%
11
Germany
CAD 7,222
15.0%
12
Hungary
CAD 6,928
18.5%
13
Ukraine
CAD 6,842
19.5%
14
Sweden
CAD 6,816
19.8%
15
Poland
CAD 6,675
21.5%
16
Greece
CAD 6,643
21.9%
17
Portugal
CAD 6,328
25.6%
18
Finland
CAD 5,886
30.8%
19
Belgium
CAD 5,780
32.0%
20
Denmark
CAD 5,634
33.7%
21
Netherlands
CAD 5,349
37.1%
22
Romania
CAD 4,972
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 7,764
8.7%
1
Canada
CAD 6,760
20.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 8,500
0.0%
1
Hong Kong
CAD 8,500
0.0%
2
Pakistan
CAD 8,100
4.7%
3
Thailand
CAD 8,033
5.5%
4
Taiwan
CAD 7,748
8.9%
5
Philippines
CAD 7,742
8.9%
6
Indonesia
CAD 7,529
11.4%
7
South Korea
CAD 7,521
11.5%
8
Malaysia
CAD 7,500
11.8%
9
New Zealand
CAD 7,489
11.9%
10
India
CAD 7,288
14.3%
11
Singapore
CAD 7,155
15.8%
12
Vietnam
CAD 6,962
18.1%
13
Japan
CAD 6,907
18.7%
14
Kazakhstan
CAD 6,732
20.8%
15
China
CAD 6,390
24.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
CAD 7,824
8.0%
1
Colombia
CAD 7,820
8.0%
2
Ecuador
CAD 7,697
9.5%
3
Guatemala
CAD 7,685
9.6%
4
Costa Rica
CAD 7,607
10.5%
5
Brazil
CAD 7,579
10.8%
6
Panama
CAD 7,565
11.0%
7
Mexico
CAD 7,560
11.1%
8
Peru
CAD 7,438
12.5%
9
Chile
CAD 7,004
17.6%
10
Uruguay
CAD 6,791
20.1%
11
Argentina
CAD 5,515
35.1%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 8,154
4.1%
1
Morocco
CAD 7,466
12.2%
2
Cameroon
CAD 6,839
19.5%
3
Ivory Coast
CAD 6,811
19.9%
4
Mozambique
CAD 6,763
20.4%
5
Kenya
CAD 6,694
21.3%
6
Ghana
CAD 6,390
24.8%
7
Angola
CAD 6,390
24.8%
8
Zambia
CAD 5,961
29.9%
9
Nigeria
CAD 5,955
29.9%
10
Senegal
CAD 5,936
30.2%
11
Uganda
CAD 5,935
30.2%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 8,075
5.0%
1
Qatar
CAD 8,075
5.0%
2
Bahrain
CAD 7,820
8.0%
3
Oman
CAD 7,820
8.0%
4
Saudi Arabia
CAD 7,650
10.0%
5
Kuwait
CAD 7,565
11.0%
6
Israel
CAD 7,382
13.2%
7
Egypt
CAD 6,680
21.4%
8
Lebanon
CAD 6,639
21.9%
9
Turkey
CAD 5,214
38.7%
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.