Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$67,080
Federal tax deduction
- $10,129
Provincial tax deduction
- $6,263
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $20,845
Net pay
* $46,235
Marginal tax rate
30.5%
Average tax rate
31.1%
68.9%
Net pay
31.1%
Total tax
Total tax
Net pay
The Taxberg
$46,235
Net pay
$4,834
Tax the employer pays
$20,845
Tax you pay
Total tax paid
$25,678
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $67,080. 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 $67,080 a year living in the region of Alberta, Canada, you will be taxed $20,845. That means that your net pay will be $46,235 per year, or $3,853 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 49,416
26.3%
1
British Columbia
CAD 48,695
27.4%
2
Northwest Territories
CAD 48,219
28.1%
3
Yukon
CAD 48,133
28.2%
4
Ontario
CAD 47,880
28.6%
5
Alberta
CAD 46,235
31.1%
6
Saskatchewan
CAD 45,516
32.1%
7
New Brunswick
CAD 45,408
32.3%
8
Newfoundland and Labrador
CAD 45,430
32.3%
9
Quebec
CAD 45,405
32.3%
10
Manitoba
CAD 45,097
32.8%
11
Prince Edward Island
CAD 44,866
33.1%
12
Nova Scotia
CAD 44,548
33.6%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 58,360
13.0%
1
Switzerland
CAD 56,928
15.1%
2
Hungary
CAD 54,670
18.5%
3
Ukraine
CAD 53,999
19.5%
4
United Kingdom
CAD 52,261
22.1%
5
Ireland
CAD 51,566
23.1%
6
France
CAD 51,478
23.3%
7
Czech Republic
CAD 51,443
23.3%
8
Norway
CAD 50,133
25.3%
9
Spain
CAD 48,539
27.6%
10
Luxembourg
CAD 47,366
29.4%
11
Sweden
CAD 46,854
30.2%
12
Austria
CAD 46,472
30.7%
13
Denmark
CAD 45,189
32.6%
14
Greece
CAD 44,123
34.2%
15
Germany
CAD 42,599
36.5%
16
Poland
CAD 42,453
36.7%
17
Netherlands
CAD 42,214
37.1%
18
Finland
CAD 40,328
39.9%
19
Italy
CAD 39,780
40.7%
20
Romania
CAD 39,242
41.5%
21
Portugal
CAD 38,378
42.8%
22
Belgium
CAD 32,648
51.3%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 52,947
21.1%
1
Canada
CAD 47,880
28.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 60,268
10.2%
1
Taiwan
CAD 58,098
13.4%
2
Thailand
CAD 55,455
17.3%
3
South Korea
CAD 54,057
19.4%
4
Kazakhstan
CAD 53,970
19.5%
5
Australia
CAD 52,646
21.5%
6
New Zealand
CAD 51,549
23.2%
7
Singapore
CAD 51,319
23.5%
8
Indonesia
CAD 50,488
24.7%
9
Pakistan
CAD 49,834
25.7%
10
Japan
CAD 49,666
26.0%
11
Malaysia
CAD 48,643
27.5%
12
Philippines
CAD 47,845
28.7%
13
Vietnam
CAD 45,890
31.6%
14
China
CAD 44,063
34.3%
15
India
CAD 41,327
38.4%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 60,453
9.9%
1
Puerto Rico
CAD 56,058
16.4%
2
Costa Rica
CAD 55,920
16.6%
3
Chile
CAD 55,332
17.5%
4
Ecuador
CAD 53,425
20.4%
5
Panama
CAD 53,046
20.9%
6
Colombia
CAD 51,398
23.4%
7
Peru
CAD 50,233
25.1%
8
Brazil
CAD 49,415
26.3%
9
Mexico
CAD 49,020
26.9%
10
Uruguay
CAD 45,805
31.7%
11
Argentina
CAD 43,592
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 49,042
26.9%
1
South Africa
CAD 48,083
28.3%
2
Kenya
CAD 47,662
29.0%
3
Mozambique
CAD 46,683
30.4%
4
Nigeria
CAD 45,801
31.7%
5
Ghana
CAD 45,763
31.8%
6
Ivory Coast
CAD 44,510
33.7%
7
Morocco
CAD 43,797
34.7%
8
Cameroon
CAD 42,558
36.6%
9
Uganda
CAD 41,871
37.6%
10
Senegal
CAD 41,841
37.6%
11
Zambia
CAD 41,661
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 63,726
5.0%
1
Qatar
CAD 63,726
5.0%
2
Bahrain
CAD 61,714
8.0%
3
Oman
CAD 61,714
8.0%
4
Saudi Arabia
CAD 60,372
10.0%
5
Kuwait
CAD 59,701
11.0%
6
Israel
CAD 52,770
21.3%
7
Egypt
CAD 50,695
24.4%
8
Lebanon
CAD 50,574
24.6%
9
Turkey
CAD 39,335
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.