Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$31,720
Federal tax deduction
- $4,248
Provincial tax deduction
- $2,961
CPP deduction
- $1,609
EI deduction
- $501
Total tax
- $9,319
Net pay
* $22,401
Marginal tax rate
30.5%
Average tax rate
29.4%
70.6%
Net pay
29.4%
Total tax
Total tax
Net pay
The Taxberg
$22,401
Net pay
$2,310
Tax the employer pays
$9,319
Tax you pay
Total tax paid
$11,629
Did you know your employer also pays tax on your salary? It costs the employer $2,310 to pay you $31,720. In other words, every time you spend $10 of your hard-earned money, $3.67 goes to the government.
Real tax rate
34.2%
So, with you and the employer both paying tax, what used to be a 29.4% tax rate now rises to 34.2%, meaning your real tax rate is actually 4.8% higher than what it seemed at first.
Summary
If you make $31,720 a year living in the region of Alberta, Canada, you will be taxed $9,319. That means that your net pay will be $22,401 per year, or $1,867 per month. Your average tax rate is 29.4% 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
Europe
Country 
Net pay
Average tax
Rank
Ireland
CAD 29,112
8.2%
1
Switzerland
CAD 29,025
8.5%
2
United Kingdom
CAD 28,658
9.7%
3
Russia
CAD 27,596
13.0%
4
France
CAD 27,172
14.3%
5
Norway
CAD 26,741
15.7%
6
Luxembourg
CAD 26,222
17.3%
7
Austria
CAD 26,069
17.8%
8
Hungary
CAD 25,852
18.5%
9
Spain
CAD 25,746
18.8%
10
Ukraine
CAD 25,535
19.5%
11
Czech Republic
CAD 25,276
20.3%
12
Italy
CAD 23,717
25.2%
13
Germany
CAD 23,470
26.0%
14
Greece
CAD 23,140
27.1%
15
Sweden
CAD 23,053
27.3%
16
Poland
CAD 21,991
30.7%
17
Denmark
CAD 21,256
33.0%
18
Finland
CAD 21,144
33.3%
19
Portugal
CAD 20,838
34.3%
20
Netherlands
CAD 19,961
37.1%
21
Belgium
CAD 19,668
38.0%
22
Romania
CAD 18,556
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 26,738
15.7%
1
Canada
CAD 23,566
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 30,005
5.4%
1
Taiwan
CAD 28,563
10.0%
2
Thailand
CAD 28,470
10.3%
3
Australia
CAD 28,218
11.0%
4
South Korea
CAD 26,839
15.4%
5
New Zealand
CAD 26,542
16.3%
6
Pakistan
CAD 26,138
17.6%
7
Indonesia
CAD 25,808
18.6%
8
Malaysia
CAD 25,535
19.5%
9
Kazakhstan
CAD 25,328
20.2%
10
Japan
CAD 25,290
20.3%
11
Singapore
CAD 25,153
20.7%
12
Philippines
CAD 24,428
23.0%
13
Vietnam
CAD 23,440
26.1%
14
China
CAD 22,333
29.6%
15
India
CAD 21,243
33.0%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 28,679
9.6%
1
Costa Rica
CAD 28,347
10.6%
2
Puerto Rico
CAD 28,257
10.9%
3
Ecuador
CAD 27,552
13.1%
4
Colombia
CAD 26,861
15.3%
5
Panama
CAD 26,297
17.1%
6
Chile
CAD 25,634
19.2%
7
Mexico
CAD 25,066
21.0%
8
Peru
CAD 24,380
23.1%
9
Brazil
CAD 23,779
25.0%
10
Uruguay
CAD 23,198
26.9%
11
Argentina
CAD 20,608
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 25,754
18.8%
1
Mozambique
CAD 23,607
25.6%
2
Angola
CAD 23,318
26.5%
3
Kenya
CAD 22,910
27.8%
4
Ivory Coast
CAD 22,387
29.4%
5
Ghana
CAD 22,372
29.5%
6
Morocco
CAD 22,370
29.5%
7
Nigeria
CAD 21,749
31.4%
8
Cameroon
CAD 21,029
33.7%
9
Uganda
CAD 21,028
33.7%
10
Senegal
CAD 20,604
35.0%
11
Zambia
CAD 19,915
37.2%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 30,134
5.0%
1
Qatar
CAD 30,134
5.0%
2
Bahrain
CAD 29,182
8.0%
3
Oman
CAD 29,182
8.0%
4
Saudi Arabia
CAD 28,548
10.0%
5
Kuwait
CAD 28,231
11.0%
6
Israel
CAD 27,207
14.2%
7
Egypt
CAD 24,175
23.8%
8
Lebanon
CAD 24,054
24.2%
9
Turkey
CAD 18,540
41.6%
10
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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.