Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$31
Federal tax deduction
- $4.52
Provincial tax deduction
- $2.06
CPP deduction
- $1.66
EI deduction
- $0.49
Total tax
- $8.73
Net pay
* $22.27
Marginal tax rate
34.2%
Average tax rate
28.2%
71.8%
Net pay
28.2%
Total tax
Total tax
Net pay
The Taxberg
$22.27
Net pay
$2.35
Tax the employer pays
$8.73
Tax you pay
Total tax paid
$11.08
Did you know your employer also pays tax on your salary? It costs the employer $2.35 to pay you $31. In other words, every time you spend $10 of your hard-earned money, $3.57 goes to the government.
Real tax rate
33.2%
So, with you and the employer both paying tax, what used to be a 28.2% tax rate now rises to 33.2%, meaning your real tax rate is actually 5% higher than what it seemed at first.
Summary
If you make $60,450 a year living in the region of Ontario, Canada, you will be taxed $17,028. That means that your net pay will be $43,422 per year, or $3,619 per month. Your average tax rate is 28.2% and your marginal tax rate is 34.2%. 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 $34.20, hence, your net pay will only increase by $65.80.
Bonus Example
A $1,000 bonus will generate an extra $658 of net incomes. A $5,000 bonus will generate an extra $3,290 of net incomes.
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 44,819
25.9%
1
British Columbia
CAD 44,141
27.0%
2
Northwest Territories
CAD 43,723
27.7%
3
Yukon
CAD 43,662
27.8%
4
Ontario
CAD 43,422
28.2%
5
Alberta
CAD 41,821
30.8%
6
Quebec
CAD 41,507
31.3%
7
New Brunswick
CAD 41,315
31.7%
8
Newfoundland and Labrador
CAD 41,317
31.7%
9
Saskatchewan
CAD 41,266
31.7%
10
Manitoba
CAD 40,863
32.4%
11
Prince Edward Island
CAD 40,792
32.5%
12
Nova Scotia
CAD 40,579
32.9%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 52,592
13.0%
1
Switzerland
CAD 51,864
14.2%
2
Hungary
CAD 49,267
18.5%
3
Ukraine
CAD 48,662
19.5%
4
Ireland
CAD 48,152
20.3%
5
United Kingdom
CAD 47,836
20.9%
6
France
CAD 47,281
21.8%
7
Czech Republic
CAD 46,536
23.0%
8
Norway
CAD 45,758
24.3%
9
Spain
CAD 44,637
26.2%
10
Luxembourg
CAD 44,096
27.1%
11
Sweden
CAD 42,683
29.4%
12
Austria
CAD 42,669
29.4%
13
Denmark
CAD 40,728
32.6%
14
Greece
CAD 40,494
33.0%
15
Germany
CAD 39,199
35.2%
16
Poland
CAD 38,709
36.0%
17
Netherlands
CAD 38,041
37.1%
18
Finland
CAD 36,966
38.9%
19
Italy
CAD 36,680
39.3%
20
Portugal
CAD 35,461
41.3%
21
Romania
CAD 35,363
41.5%
22
Belgium
CAD 29,924
50.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 48,041
20.5%
1
Canada
CAD 43,422
28.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 54,848
9.3%
1
Taiwan
CAD 52,897
12.5%
2
Thailand
CAD 50,483
16.5%
3
South Korea
CAD 49,042
18.9%
4
Kazakhstan
CAD 48,600
19.6%
5
Australia
CAD 48,303
20.1%
6
New Zealand
CAD 47,199
21.9%
7
Singapore
CAD 46,479
23.1%
8
Indonesia
CAD 45,987
23.9%
9
Pakistan
CAD 45,515
24.7%
10
Japan
CAD 45,148
25.3%
11
Malaysia
CAD 44,330
26.7%
12
Philippines
CAD 43,514
28.0%
13
Vietnam
CAD 41,703
31.0%
14
China
CAD 39,771
34.2%
15
India
CAD 37,562
37.9%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 54,585
9.7%
1
Puerto Rico
CAD 51,332
15.1%
2
Costa Rica
CAD 50,876
15.8%
3
Chile
CAD 49,619
17.9%
4
Ecuador
CAD 49,203
18.6%
5
Panama
CAD 48,031
20.5%
6
Colombia
CAD 46,979
22.3%
7
Peru
CAD 45,435
24.8%
8
Brazil
CAD 44,609
26.2%
9
Mexico
CAD 44,582
26.3%
10
Uruguay
CAD 41,779
30.9%
11
Argentina
CAD 39,283
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 44,219
26.9%
1
South Africa
CAD 44,117
27.0%
2
Kenya
CAD 43,021
28.8%
3
Mozambique
CAD 42,373
29.9%
4
Ghana
CAD 41,377
31.6%
5
Nigeria
CAD 41,291
31.7%
6
Ivory Coast
CAD 40,404
33.2%
7
Morocco
CAD 39,780
34.2%
8
Cameroon
CAD 38,522
36.3%
9
Uganda
CAD 38,224
36.8%
10
Senegal
CAD 37,863
37.4%
11
Zambia
CAD 37,584
37.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 57,428
5.0%
1
Qatar
CAD 57,428
5.0%
2
Bahrain
CAD 55,614
8.0%
3
Oman
CAD 55,614
8.0%
4
Saudi Arabia
CAD 54,405
10.0%
5
Kuwait
CAD 53,800
11.0%
6
Israel
CAD 48,102
20.4%
7
Egypt
CAD 45,722
24.4%
8
Lebanon
CAD 45,601
24.6%
9
Turkey
CAD 35,474
41.3%
10
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NOTE* Withholding is calculated based on the Ontario 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.