Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$67,834
Federal tax deduction
- $10,284
Provincial tax deduction
- $6,338
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $21,075
Net pay
* $46,759
Marginal tax rate
30.5%
Average tax rate
31.1%
68.9%
Net pay
31.1%
Total tax
Total tax
Net pay
The Taxberg
$46,759
Net pay
$4,834
Tax the employer pays
$21,075
Tax you pay
Total tax paid
$25,908
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $67,834. In other words, every time you spend $10 of your hard-earned money, $3.82 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 $67,834 a year living in the region of Alberta, Canada, you will be taxed $21,075. That means that your net pay will be $46,759 per year, or $3,897 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.
North America
Country 
Net pay
Average tax
Rank
USA
CAD 53,505
21.1%
1
Canada
CAD 48,410
28.6%
2
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 49,591
26.9%
1
South Africa
CAD 48,529
28.5%
2
Kenya
CAD 48,190
29.0%
3
Mozambique
CAD 47,173
30.5%
4
Nigeria
CAD 46,314
31.7%
5
Ghana
CAD 46,262
31.8%
6
Ivory Coast
CAD 44,977
33.7%
7
Morocco
CAD 44,254
34.8%
8
Cameroon
CAD 43,018
36.6%
9
Senegal
CAD 42,294
37.7%
10
Uganda
CAD 42,285
37.7%
11
Zambia
CAD 42,125
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 64,442
5.0%
1
Qatar
CAD 64,442
5.0%
2
Bahrain
CAD 62,407
8.0%
3
Oman
CAD 62,407
8.0%
4
Saudi Arabia
CAD 61,051
10.0%
5
Kuwait
CAD 60,372
11.0%
6
Israel
CAD 53,301
21.4%
7
Egypt
CAD 51,260
24.4%
8
Lebanon
CAD 51,139
24.6%
9
Turkey
CAD 39,774
41.4%
10
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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.