Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$24,016
Federal tax deduction
- $2,638
Provincial tax deduction
- $997
EI deduction
- $288
Quebec Pension Plan (QPP)
- $1,262
Quebec Parental Insurance Plan (QPIP)
- $119
Total tax
- $5,303
Net pay
* $18,713
Marginal tax rate
34.3%
Average tax rate
22.1%
77.9%
Net pay
22.1%
Total tax
Total tax
Net pay
Summary
If you make $24,016 a year living in the region of Quebec, Canada, you will be taxed $5,303. That means that your net pay will be $18,713 per year, or $1,559 per month. Your average tax rate is 22.1% and your marginal tax rate is 34.3%. 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 $34.28, hence, your net pay will only increase by $65.72.
Bonus Example
A $1,000 bonus will generate an extra $657 of net incomes. A $5,000 bonus will generate an extra $3,286 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.