Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$66,996
Federal tax deduction
- $10,112
Provincial tax deduction
- $6,254
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $20,819
Net pay
* $46,177
Marginal tax rate
30.5%
Average tax rate
31.1%
68.9%
Net pay
31.1%
Total tax
Total tax
Net pay
The Taxberg
$46,177
Net pay
$4,834
Tax the employer pays
$20,819
Tax you pay
Total tax paid
$25,653
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $66,996. In other words, every time you spend $10 of your hard-earned money, $3.83 goes to the government.
Real tax rate
35.7%
So, with you and the employer both paying tax, what used to be a 31.1% tax rate now rises to 35.7%, meaning your real tax rate is actually 4.6% higher than what it seemed at first.
Summary
If you make $66,996 a year living in the region of Alberta, Canada, you will be taxed $20,819. That means that your net pay will be $46,177 per year, or $3,848 per month. Your average tax rate is 31.1% 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 $30.50, hence, your net pay will only increase by $69.50.
Bonus Example
A $1,000 bonus will generate an extra $695 of net incomes. A $5,000 bonus will generate an extra $3,475 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 49,356
26.3%
1
British Columbia
CAD 48,635
27.4%
2
Northwest Territories
CAD 48,159
28.1%
3
Yukon
CAD 48,074
28.2%
4
Ontario
CAD 47,821
28.6%
5
Alberta
CAD 46,177
31.1%
6
Saskatchewan
CAD 45,459
32.1%
7
New Brunswick
CAD 45,354
32.3%
8
Newfoundland and Labrador
CAD 45,375
32.3%
9
Quebec
CAD 45,352
32.3%
10
Manitoba
CAD 45,041
32.8%
11
Prince Edward Island
CAD 44,813
33.1%
12
Nova Scotia
CAD 44,495
33.6%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 52,885
21.1%
1
Canada
CAD 47,821
28.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 60,199
10.2%
1
Taiwan
CAD 58,032
13.4%
2
Thailand
CAD 55,392
17.3%
3
South Korea
CAD 53,997
19.4%
4
Kazakhstan
CAD 53,902
19.5%
5
Australia
CAD 52,591
21.5%
6
New Zealand
CAD 51,494
23.1%
7
Singapore
CAD 51,258
23.5%
8
Indonesia
CAD 50,431
24.7%
9
Pakistan
CAD 49,780
25.7%
10
Japan
CAD 49,608
26.0%
11
Malaysia
CAD 48,589
27.5%
12
Philippines
CAD 47,790
28.7%
13
Vietnam
CAD 45,835
31.6%
14
China
CAD 44,005
34.3%
15
India
CAD 41,280
38.4%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 60,379
9.9%
1
Puerto Rico
CAD 56,002
16.4%
2
Costa Rica
CAD 55,856
16.6%
3
Chile
CAD 55,260
17.5%
4
Ecuador
CAD 53,376
20.3%
5
Panama
CAD 52,983
20.9%
6
Colombia
CAD 51,342
23.4%
7
Peru
CAD 50,173
25.1%
8
Brazil
CAD 49,355
26.3%
9
Mexico
CAD 48,963
26.9%
10
Uruguay
CAD 45,754
31.7%
11
Argentina
CAD 43,538
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 48,981
26.9%
1
South Africa
CAD 48,034
28.3%
2
Kenya
CAD 47,603
29.0%
3
Mozambique
CAD 46,628
30.4%
4
Nigeria
CAD 45,744
31.7%
5
Ghana
CAD 45,707
31.8%
6
Ivory Coast
CAD 44,458
33.6%
7
Morocco
CAD 43,746
34.7%
8
Cameroon
CAD 42,507
36.6%
9
Uganda
CAD 41,825
37.6%
10
Senegal
CAD 41,791
37.6%
11
Zambia
CAD 41,609
37.9%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 63,646
5.0%
1
Qatar
CAD 63,646
5.0%
2
Bahrain
CAD 61,636
8.0%
3
Oman
CAD 61,636
8.0%
4
Saudi Arabia
CAD 60,296
10.0%
5
Kuwait
CAD 59,626
11.0%
6
Israel
CAD 52,711
21.3%
7
Egypt
CAD 50,632
24.4%
8
Lebanon
CAD 50,511
24.6%
9
Turkey
CAD 39,286
41.4%
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.