Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$45,887
Federal tax deduction
- $6,219
Provincial tax deduction
- $4,275
CPP deduction
- $2,416
EI deduction
- $725
Total tax
- $13,635
Net pay
* $32,253
Marginal tax rate
30.5%
Average tax rate
29.7%
70.3%
Net pay
29.7%
Total tax
Total tax
Net pay
The Taxberg
$32,253
Net pay
$3,431
Tax the employer pays
$13,635
Tax you pay
Total tax paid
$17,066
Did you know your employer also pays tax on your salary? It costs the employer $3,431 to pay you $45,887. In other words, every time you spend $10 of your hard-earned money, $3.72 goes to the government.
Real tax rate
34.6%
So, with you and the employer both paying tax, what used to be a 29.7% tax rate now rises to 34.6%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
Summary
If you make $45,887 a year living in the region of Alberta, Canada, you will be taxed $13,635. That means that your net pay will be $32,253 per year, or $2,688 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
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 34,806
24.1%
1
British Columbia
CAD 34,290
25.3%
2
Northwest Territories
CAD 33,983
25.9%
3
Ontario
CAD 33,864
26.2%
4
Yukon
CAD 33,874
26.2%
5
Quebec
CAD 33,042
28.0%
6
New Brunswick
CAD 32,455
29.3%
7
Newfoundland and Labrador
CAD 32,418
29.4%
8
Alberta
CAD 32,253
29.7%
9
Saskatchewan
CAD 32,027
30.2%
10
Prince Edward Island
CAD 31,782
30.7%
11
Nova Scotia
CAD 31,766
30.8%
12
Manitoba
CAD 31,687
30.9%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 37,266
18.8%
1
Canada
CAD 33,864
26.2%
2
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.