Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$63,730
Federal tax deduction
- $9,454
Provincial tax deduction
- $5,935
CPP deduction
- $3,429
EI deduction
- $952
Total tax
- $19,769
Net pay
* $43,961
Marginal tax rate
34.8%
Average tax rate
31.0%
69.0%
Net pay
31.0%
Total tax
Total tax
Net pay
The Taxberg
$43,961
Net pay
$4,761
Tax the employer pays
$19,769
Tax you pay
Total tax paid
$24,530
Did you know your employer also pays tax on your salary? It costs the employer $4,761 to pay you $63,730. In other words, every time you spend $10 of your hard-earned money, $3.85 goes to the government.
Real tax rate
35.8%
So, with you and the employer both paying tax, what used to be a 31% tax rate now rises to 35.8%, meaning your real tax rate is actually 4.8% higher than what it seemed at first.
Summary
If you make $63,730 a year living in the region of Alberta, Canada, you will be taxed $19,769. That means that your net pay will be $43,961 per year, or $3,663 per month. Your average tax rate is 31.0% and your marginal tax rate is 34.8%. 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 $34.76, hence, your net pay will only increase by $65.24.
Bonus Example
A $1,000 bonus will generate an extra $652 of net incomes. A $5,000 bonus will generate an extra $3,262 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 47,046
26.2%
1
British Columbia
CAD 46,348
27.3%
2
Northwest Territories
CAD 45,901
28.0%
3
Yukon
CAD 45,828
28.1%
4
Ontario
CAD 45,581
28.5%
5
Alberta
CAD 43,961
31.0%
6
Quebec
CAD 43,380
31.9%
7
Newfoundland and Labrador
CAD 43,307
32.0%
8
Saskatchewan
CAD 43,325
32.0%
9
New Brunswick
CAD 43,296
32.1%
10
Manitoba
CAD 42,915
32.7%
11
Prince Edward Island
CAD 42,787
32.9%
12
Nova Scotia
CAD 42,498
33.3%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 50,468
20.8%
1
Canada
CAD 45,581
28.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 57,515
9.8%
1
Taiwan
CAD 55,470
13.0%
2
Thailand
CAD 52,943
16.9%
3
South Korea
CAD 51,554
19.1%
4
Kazakhstan
CAD 51,257
19.6%
5
Australia
CAD 50,451
20.8%
6
New Zealand
CAD 49,351
22.6%
7
Singapore
CAD 48,871
23.3%
8
Indonesia
CAD 48,214
24.4%
9
Pakistan
CAD 47,657
25.2%
10
Japan
CAD 47,383
25.7%
11
Malaysia
CAD 46,476
27.1%
12
Philippines
CAD 45,656
28.4%
13
Vietnam
CAD 43,742
31.4%
14
China
CAD 41,805
34.4%
15
India
CAD 39,425
38.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 57,488
9.8%
1
Puerto Rico
CAD 53,802
15.6%
2
Costa Rica
CAD 53,371
16.3%
3
Chile
CAD 52,451
17.7%
4
Ecuador
CAD 51,455
19.3%
5
Panama
CAD 50,512
20.7%
6
Colombia
CAD 49,172
22.8%
7
Peru
CAD 47,817
25.0%
8
Brazil
CAD 46,987
26.3%
9
Mexico
CAD 46,780
26.6%
10
Uruguay
CAD 43,770
31.3%
11
Argentina
CAD 41,415
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 46,605
26.9%
1
South Africa
CAD 46,098
27.7%
2
Kenya
CAD 45,317
28.9%
3
Mozambique
CAD 44,505
30.2%
4
Ghana
CAD 43,547
31.7%
5
Nigeria
CAD 43,522
31.7%
6
Ivory Coast
CAD 42,435
33.4%
7
Morocco
CAD 41,767
34.5%
8
Cameroon
CAD 40,519
36.4%
9
Uganda
CAD 40,028
37.2%
10
Senegal
CAD 39,831
37.5%
11
Zambia
CAD 39,601
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 60,543
5.0%
1
Qatar
CAD 60,543
5.0%
2
Bahrain
CAD 58,632
8.0%
3
Oman
CAD 58,632
8.0%
4
Saudi Arabia
CAD 57,357
10.0%
5
Kuwait
CAD 56,720
11.0%
6
Israel
CAD 50,411
20.9%
7
Egypt
CAD 48,182
24.4%
8
Lebanon
CAD 48,061
24.6%
9
Turkey
CAD 37,384
41.3%
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.