Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$51,588
Federal tax deduction
- $7,096
Provincial tax deduction
- $4,803
CPP deduction
- $2,741
EI deduction
- $815
Total tax
- $15,455
Net pay
* $36,133
Marginal tax rate
35.7%
Average tax rate
30.0%
70.0%
Net pay
30.0%
Total tax
Total tax
Net pay
The Taxberg
$36,133
Net pay
$3,882
Tax the employer pays
$15,455
Tax you pay
Total tax paid
$19,337
Did you know your employer also pays tax on your salary? It costs the employer $3,882 to pay you $51,588. In other words, every time you spend $10 of your hard-earned money, $3.75 goes to the government.
Real tax rate
34.9%
So, with you and the employer both paying tax, what used to be a 30% tax rate now rises to 34.9%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
Summary
If you make $51,588 a year living in the region of Alberta, Canada, you will be taxed $15,455. That means that your net pay will be $36,133 per year, or $3,011 per month. Your average tax rate is 30.0% and your marginal tax rate is 35.7%. 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 $35.74, hence, your net pay will only increase by $64.26.
Bonus Example
A $1,000 bonus will generate an extra $643 of net incomes. A $5,000 bonus will generate an extra $3,213 of net incomes.
North America
Country 
Net pay
Average tax
Rank
USA
CAD 41,484
19.6%
1
Canada
CAD 37,691
26.9%
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.