Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$49,399
Federal tax deduction
- $6,707
Provincial tax deduction
- $4,600
CPP deduction
- $2,616
EI deduction
- $781
Total tax
- $14,704
Net pay
* $34,695
Marginal tax rate
30.5%
Average tax rate
29.8%
70.2%
Net pay
29.8%
Total tax
Total tax
Net pay
The Taxberg
$34,695
Net pay
$3,709
Tax the employer pays
$14,704
Tax you pay
Total tax paid
$18,413
Did you know your employer also pays tax on your salary? It costs the employer $3,709 to pay you $49,399. In other words, every time you spend $10 of your hard-earned money, $3.73 goes to the government.
Real tax rate
34.7%
So, with you and the employer both paying tax, what used to be a 29.8% tax rate now rises to 34.7%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
Summary
If you make $49,399 a year living in the region of Alberta, Canada, you will be taxed $14,704. That means that your net pay will be $34,695 per year, or $2,891 per month. Your average tax rate is 29.8% 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.
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 37,399
24.3%
1
British Columbia
CAD 36,800
25.5%
2
Northwest Territories
CAD 36,473
26.2%
3
Yukon
CAD 36,433
26.2%
4
Ontario
CAD 36,254
26.6%
5
Quebec
CAD 35,259
28.6%
6
New Brunswick
CAD 34,726
29.7%
7
Alberta
CAD 34,695
29.8%
8
Newfoundland and Labrador
CAD 34,699
29.8%
9
Saskatchewan
CAD 34,408
30.3%
10
Prince Edward Island
CAD 34,090
31.0%
11
Manitoba
CAD 34,034
31.1%
12
Nova Scotia
CAD 34,031
31.1%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 39,865
19.3%
1
Canada
CAD 36,254
26.6%
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.