Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$37,364
Federal tax deduction
- $5,033
Provincial tax deduction
- $3,484
CPP deduction
- $1,930
EI deduction
- $590
Total tax
- $11,038
Net pay
* $26,326
Marginal tax rate
30.5%
Average tax rate
29.5%
70.5%
Net pay
29.5%
Total tax
Total tax
Net pay
The Taxberg
$26,326
Net pay
$2,757
Tax the employer pays
$11,038
Tax you pay
Total tax paid
$13,795
Did you know your employer also pays tax on your salary? It costs the employer $2,757 to pay you $37,364. In other words, every time you spend $10 of your hard-earned money, $3.69 goes to the government.
Real tax rate
34.4%
So, with you and the employer both paying tax, what used to be a 29.5% tax rate now rises to 34.4%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
Summary
If you make $37,364 a year living in the region of Alberta, Canada, you will be taxed $11,038. That means that your net pay will be $26,326 per year, or $2,194 per month. Your average tax rate is 29.5% 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 28,416
23.9%
1
British Columbia
CAD 28,059
24.9%
2
Northwest Territories
CAD 27,754
25.7%
3
Ontario
CAD 27,679
25.9%
4
Yukon
CAD 27,662
26.0%
5
Quebec
CAD 27,472
26.5%
6
Newfoundland and Labrador
CAD 26,755
28.4%
7
New Brunswick
CAD 26,535
29.0%
8
Alberta
CAD 26,326
29.5%
9
Nova Scotia
CAD 26,269
29.7%
10
Prince Edward Island
CAD 26,180
29.9%
11
Saskatchewan
CAD 26,151
30.0%
12
Manitoba
CAD 25,989
30.4%
13
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Europe
Country 
Net pay
Average tax
Rank
Switzerland
CAD 33,522
10.3%
1
Ireland
CAD 32,817
12.2%
2
Russia
CAD 32,507
13.0%
3
United Kingdom
CAD 32,426
13.2%
4
France
CAD 31,700
15.2%
5
Norway
CAD 30,521
18.3%
6
Hungary
CAD 30,452
18.5%
7
Luxembourg
CAD 30,248
19.0%
8
Ukraine
CAD 30,078
19.5%
9
Austria
CAD 29,948
19.9%
10
Spain
CAD 29,670
20.6%
11
Czech Republic
CAD 29,453
21.2%
12
Italy
CAD 26,886
28.0%
13
Sweden
CAD 26,836
28.2%
14
Greece
CAD 26,812
28.2%
15
Germany
CAD 26,661
28.6%
16
Poland
CAD 25,595
31.5%
17
Denmark
CAD 25,054
33.0%
18
Finland
CAD 24,639
34.1%
19
Portugal
CAD 23,903
36.0%
20
Netherlands
CAD 23,512
37.1%
21
Belgium
CAD 21,996
41.1%
22
Romania
CAD 21,858
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 30,960
17.1%
1
Canada
CAD 27,679
25.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 35,146
5.9%
1
Taiwan
CAD 33,442
10.5%
2
Thailand
CAD 33,013
11.7%
3
Australia
CAD 32,676
12.6%
4
South Korea
CAD 31,252
16.4%
5
New Zealand
CAD 31,119
16.7%
6
Pakistan
CAD 29,948
19.9%
7
Indonesia
CAD 29,914
19.9%
8
Kazakhstan
CAD 29,900
20.0%
9
Singapore
CAD 29,475
21.1%
10
Japan
CAD 29,415
21.3%
11
Malaysia
CAD 29,330
21.5%
12
Philippines
CAD 28,238
24.4%
13
Vietnam
CAD 27,224
27.1%
14
China
CAD 25,747
31.1%
15
India
CAD 24,449
34.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 33,781
9.6%
1
Puerto Rico
CAD 33,022
11.6%
2
Costa Rica
CAD 32,916
11.9%
3
Ecuador
CAD 31,963
14.5%
4
Colombia
CAD 30,827
17.5%
5
Panama
CAD 30,566
18.2%
6
Chile
CAD 30,074
19.5%
7
Mexico
CAD 29,037
22.3%
8
Peru
CAD 28,627
23.4%
9
Brazil
CAD 27,871
25.4%
10
Uruguay
CAD 27,032
27.7%
11
Argentina
CAD 24,277
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 29,604
20.8%
1
Angola
CAD 27,424
26.6%
2
Mozambique
CAD 27,357
26.8%
3
Kenya
CAD 26,861
28.1%
4
Ghana
CAD 26,106
30.1%
5
Ivory Coast
CAD 26,056
30.3%
6
Morocco
CAD 25,790
31.0%
7
Nigeria
CAD 25,588
31.5%
8
Uganda
CAD 24,696
33.9%
9
Cameroon
CAD 24,466
34.5%
10
Senegal
CAD 24,012
35.7%
11
Zambia
CAD 23,386
37.4%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 35,496
5.0%
1
Qatar
CAD 35,496
5.0%
2
Bahrain
CAD 34,375
8.0%
3
Oman
CAD 34,375
8.0%
4
Saudi Arabia
CAD 33,628
10.0%
5
Kuwait
CAD 33,254
11.0%
6
Israel
CAD 31,496
15.7%
7
Egypt
CAD 28,408
24.0%
8
Lebanon
CAD 28,287
24.3%
9
Turkey
CAD 22,028
41.0%
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.