Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$18,426
Federal tax deduction
- $1,993
Provincial tax deduction
- $177
EI deduction
- $221
Quebec Pension Plan (QPP)
- $918
Quebec Parental Insurance Plan (QPIP)
- $91.02
Total tax
- $3,399
Net pay
* $15,027
Marginal tax rate
33.5%
Average tax rate
18.4%
81.6%
Net pay
18.4%
Total tax
Total tax
Net pay
Summary
If you make $18,426 a year living in the region of Quebec, Canada, you will be taxed $3,399. That means that your net pay will be $15,027 per year, or $1,252 per month. Your average tax rate is 18.5% and your marginal tax rate is 33.5%. 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 $33.49, hence, your net pay will only increase by $66.51.
Bonus Example
A $1,000 bonus will generate an extra $665 of net incomes. A $5,000 bonus will generate an extra $3,326 of net incomes.
NOTE* Withholding is calculated based on the Quebec 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.