Credits & Deductions

Manitoba Tax Deductions from Pay 2018

Have you ever wondered how much of your earnings are going to tax, and how much you are actually taking home? It’s important to know how much you take some so that you can properly keep a budget of your income and expenses.

Here is how much you would have taken home in 2018 if you lived in the Province of Manitoba, broken down for salaries of $30,000, $100,000 and $250,000.

 

Gross Salary / Pension Income: $30,000

Tax Deducted (Federal + Provincial): $4,526

CPP Deducted: $1,312

EI Deducted: $498

Net Take Home Pay for 2018: $23,664

Monthly Pay: $1,972

Semi-Monthly Pay: $986

Bi-Weekly Pay: $910

 

Gross Salary / Pension Income: $100,000

Tax Deducted: $28,252

CPP Deducted: $2,594

EI Deducted: $858

Net Take Home Pay for 2018: $68,296

Monthly Pay: $5,691

Semi-Monthly Pay: $2,846

Bi-Weekly Pay: $2,627

 

 

Gross Salary / Pension Income: $250,000

Tax Deducted (Federal + Provincial): $98,284

CPP Deducted: $2,594

EI Deducted: $858

Net Take Home Pay for 2018: $148,264

Monthly Pay: $12,355

Semi-Monthly Pay: $6,178

Bi-Weekly Pay: $5,702