Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$29,172
Federal tax deduction
- $3,894
Provincial tax deduction
- $2,725
CPP deduction
- $1,463
EI deduction
- $461
Total tax
- $8,543
Net pay
* $20,629
Marginal tax rate
30.5%
Average tax rate
29.3%
70.7%
Net pay
29.3%
Total tax
Total tax
Net pay
The Taxberg
$20,629
Net pay
$2,109
Tax the employer pays
$8,543
Tax you pay
Total tax paid
$10,652
Did you know your employer also pays tax on your salary? It costs the employer $2,109 to pay you $29,172. In other words, every time you spend $10 of your hard-earned money, $3.65 goes to the government.
Real tax rate
34.1%
So, with you and the employer both paying tax, what used to be a 29.3% tax rate now rises to 34.1%, meaning your real tax rate is actually 4.8% higher than what it seemed at first.
Summary
If you make $29,172 a year living in the region of Alberta, Canada, you will be taxed $8,543. That means that your net pay will be $20,629 per year, or $1,719 per month. Your average tax rate is 29.3% and your marginal tax rate is 30.5%. 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 $30.46, hence, your net pay will only increase by $69.54.
Bonus Example
A $1,000 bonus will generate an extra $695 of net incomes. A $5,000 bonus will generate an extra $3,477 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 22,264
23.7%
1
British Columbia
CAD 22,206
23.9%
2
Quebec
CAD 22,097
24.3%
3
Northwest Territories
CAD 21,746
25.5%
4
Yukon
CAD 21,692
25.6%
5
Ontario
CAD 21,678
25.7%
6
Newfoundland and Labrador
CAD 20,983
28.1%
7
Nova Scotia
CAD 20,938
28.2%
8
New Brunswick
CAD 20,792
28.7%
9
Prince Edward Island
CAD 20,683
29.1%
10
Alberta
CAD 20,629
29.3%
11
Saskatchewan
CAD 20,493
29.8%
12
Manitoba
CAD 20,411
30.0%
13
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Europe
Country 
Net pay
Average tax
Rank
Ireland
CAD 27,487
5.8%
1
United Kingdom
CAD 26,958
7.6%
2
Switzerland
CAD 26,811
8.1%
3
Russia
CAD 25,380
13.0%
4
France
CAD 25,123
13.9%
5
Norway
CAD 24,895
14.7%
6
Luxembourg
CAD 24,382
16.4%
7
Austria
CAD 24,295
16.7%
8
Spain
CAD 23,963
17.9%
9
Hungary
CAD 23,775
18.5%
10
Ukraine
CAD 23,483
19.5%
11
Czech Republic
CAD 23,391
19.8%
12
Italy
CAD 22,268
23.7%
13
Germany
CAD 22,028
24.5%
14
Greece
CAD 21,470
26.4%
15
Sweden
CAD 21,346
26.8%
16
Poland
CAD 20,364
30.2%
17
Finland
CAD 19,560
33.0%
18
Denmark
CAD 19,542
33.0%
19
Portugal
CAD 19,422
33.4%
20
Belgium
CAD 18,548
36.4%
21
Netherlands
CAD 18,358
37.1%
22
Romania
CAD 17,066
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 24,817
14.9%
1
Canada
CAD 21,678
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 27,633
5.3%
1
Thailand
CAD 26,369
9.6%
2
Taiwan
CAD 26,361
9.6%
3
Australia
CAD 26,205
10.2%
4
South Korea
CAD 24,847
14.8%
5
New Zealand
CAD 24,475
16.1%
6
Pakistan
CAD 24,320
16.6%
7
Indonesia
CAD 23,954
17.9%
8
Malaysia
CAD 23,787
18.5%
9
Japan
CAD 23,331
20.0%
10
Kazakhstan
CAD 23,265
20.3%
11
Singapore
CAD 23,175
20.6%
12
Philippines
CAD 22,708
22.2%
13
Vietnam
CAD 21,730
25.5%
14
China
CAD 20,556
29.5%
15
India
CAD 19,796
32.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 26,375
9.6%
1
Costa Rica
CAD 26,092
10.6%
2
Puerto Rico
CAD 26,082
10.6%
3
Ecuador
CAD 25,537
12.5%
4
Colombia
CAD 24,989
14.3%
5
Panama
CAD 24,369
16.5%
6
Chile
CAD 23,619
19.0%
7
Mexico
CAD 23,188
20.5%
8
Peru
CAD 22,463
23.0%
9
Brazil
CAD 21,932
24.8%
10
Uruguay
CAD 21,468
26.4%
11
Argentina
CAD 18,952
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 23,985
17.8%
1
Mozambique
CAD 21,772
25.4%
2
Angola
CAD 21,464
26.4%
3
Kenya
CAD 21,126
27.6%
4
Morocco
CAD 20,825
28.6%
5
Ivory Coast
CAD 20,710
29.0%
6
Ghana
CAD 20,687
29.1%
7
Nigeria
CAD 20,016
31.4%
8
Cameroon
CAD 19,478
33.2%
9
Uganda
CAD 19,371
33.6%
10
Senegal
CAD 19,050
34.7%
11
Zambia
CAD 18,348
37.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 27,713
5.0%
1
Qatar
CAD 27,713
5.0%
2
Bahrain
CAD 26,838
8.0%
3
Oman
CAD 26,838
8.0%
4
Saudi Arabia
CAD 26,255
10.0%
5
Kuwait
CAD 25,963
11.0%
6
Israel
CAD 25,247
13.5%
7
Egypt
CAD 22,264
23.7%
8
Lebanon
CAD 22,143
24.1%
9
Turkey
CAD 16,929
42.0%
10
Show more
NOTE* Withholding is calculated based on the Alberta 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.