Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$42,636
Federal tax deduction
- $5,767
Provincial tax deduction
- $3,973
CPP deduction
- $2,231
EI deduction
- $674
Total tax
- $12,644
Net pay
* $29,992
Marginal tax rate
30.5%
Average tax rate
29.7%
70.3%
Net pay
29.7%
Total tax
Total tax
Net pay
The Taxberg
$29,992
Net pay
$3,174
Tax the employer pays
$12,644
Tax you pay
Total tax paid
$15,818
Did you know your employer also pays tax on your salary? It costs the employer $3,174 to pay you $42,636. In other words, every time you spend $10 of your hard-earned money, $3.71 goes to the government.
Real tax rate
34.5%
So, with you and the employer both paying tax, what used to be a 29.7% tax rate now rises to 34.5%, meaning your real tax rate is actually 4.8% higher than what it seemed at first.
Summary
If you make $42,636 a year living in the region of Alberta, Canada, you will be taxed $12,644. That means that your net pay will be $29,992 per year, or $2,499 per month. Your average tax rate is 29.7% 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
Switzerland
CAD 37,814
11.3%
1
Russia
CAD 37,093
13.0%
2
Ireland
CAD 36,586
14.2%
3
United Kingdom
CAD 35,945
15.7%
4
France
CAD 35,752
16.2%
5
Hungary
CAD 34,748
18.5%
6
Ukraine
CAD 34,322
19.5%
7
Norway
CAD 34,000
20.3%
8
Luxembourg
CAD 33,733
20.9%
9
Czech Republic
CAD 33,354
21.8%
10
Spain
CAD 33,126
22.3%
11
Austria
CAD 32,694
23.3%
12
Sweden
CAD 30,369
28.8%
13
Greece
CAD 30,072
29.5%
14
Germany
CAD 29,616
30.5%
15
Italy
CAD 29,121
31.7%
16
Poland
CAD 28,961
32.1%
17
Denmark
CAD 28,658
32.8%
18
Finland
CAD 27,757
34.9%
19
Netherlands
CAD 26,831
37.1%
20
Portugal
CAD 26,646
37.5%
21
Romania
CAD 24,942
41.5%
22
Belgium
CAD 23,590
44.7%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 34,861
18.2%
1
Canada
CAD 31,508
26.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 39,846
6.5%
1
Taiwan
CAD 38,000
10.9%
2
Thailand
CAD 37,122
12.9%
3
Australia
CAD 36,635
14.1%
4
South Korea
CAD 35,372
17.0%
5
New Zealand
CAD 35,047
17.8%
6
Kazakhstan
CAD 34,170
19.9%
7
Indonesia
CAD 33,749
20.8%
8
Pakistan
CAD 33,506
21.4%
9
Singapore
CAD 33,478
21.5%
10
Japan
CAD 33,008
22.6%
11
Malaysia
CAD 32,759
23.2%
12
Philippines
CAD 31,796
25.4%
13
Vietnam
CAD 30,578
28.3%
14
China
CAD 28,727
32.6%
15
India
CAD 27,443
35.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 38,548
9.6%
1
Puerto Rico
CAD 37,374
12.3%
2
Costa Rica
CAD 37,162
12.8%
3
Ecuador
CAD 36,020
15.5%
4
Panama
CAD 34,555
19.0%
5
Colombia
CAD 34,517
19.0%
6
Chile
CAD 34,070
20.1%
7
Mexico
CAD 32,606
23.5%
8
Peru
CAD 32,497
23.8%
9
Brazil
CAD 31,694
25.7%
10
Uruguay
CAD 30,799
27.8%
11
Argentina
CAD 27,704
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 33,043
22.5%
1
Angola
CAD 31,259
26.7%
2
Mozambique
CAD 30,794
27.8%
3
Kenya
CAD 30,551
28.3%
4
Ghana
CAD 29,593
30.6%
5
Ivory Coast
CAD 29,371
31.1%
6
Nigeria
CAD 29,174
31.6%
7
Morocco
CAD 28,985
32.0%
8
Uganda
CAD 28,123
34.0%
9
Cameroon
CAD 27,676
35.1%
10
Senegal
CAD 27,175
36.3%
11
Zambia
CAD 26,628
37.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 40,504
5.0%
1
Qatar
CAD 40,504
5.0%
2
Bahrain
CAD 39,225
8.0%
3
Oman
CAD 39,225
8.0%
4
Saudi Arabia
CAD 38,372
10.0%
5
Kuwait
CAD 37,946
11.0%
6
Israel
CAD 35,479
16.8%
7
Egypt
CAD 32,362
24.1%
8
Lebanon
CAD 32,241
24.4%
9
Turkey
CAD 25,099
41.1%
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.