Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$68,790
Federal tax deduction
- $10,480
Provincial tax deduction
- $6,434
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $21,366
Net pay
* $47,424
Marginal tax rate
30.5%
Average tax rate
31.1%
68.9%
Net pay
31.1%
Total tax
Total tax
Net pay
The Taxberg
$47,424
Net pay
$4,834
Tax the employer pays
$21,366
Tax you pay
Total tax paid
$26,200
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $68,790. In other words, every time you spend $10 of your hard-earned money, $3.81 goes to the government.
Real tax rate
35.6%
So, with you and the employer both paying tax, what used to be a 31.1% tax rate now rises to 35.6%, meaning your real tax rate is actually 4.5% higher than what it seemed at first.
Summary
If you make $68,790 a year living in the region of Alberta, Canada, you will be taxed $21,366. That means that your net pay will be $47,424 per year, or $3,952 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 50,656
26.4%
1
British Columbia
CAD 49,923
27.4%
2
Northwest Territories
CAD 49,431
28.1%
3
Yukon
CAD 49,339
28.3%
4
Ontario
CAD 49,083
28.6%
5
Alberta
CAD 47,424
31.1%
6
Saskatchewan
CAD 46,661
32.2%
7
Newfoundland and Labrador
CAD 46,541
32.3%
8
New Brunswick
CAD 46,514
32.4%
9
Quebec
CAD 46,473
32.4%
10
Manitoba
CAD 46,239
32.8%
11
Prince Edward Island
CAD 45,940
33.2%
12
Nova Scotia
CAD 45,623
33.7%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 59,847
13.0%
1
Switzerland
CAD 58,222
15.4%
2
Hungary
CAD 56,064
18.5%
3
Ukraine
CAD 55,376
19.5%
4
United Kingdom
CAD 53,403
22.4%
5
Czech Republic
CAD 52,708
23.4%
6
France
CAD 52,561
23.6%
7
Ireland
CAD 52,447
23.8%
8
Norway
CAD 51,262
25.5%
9
Spain
CAD 49,561
28.0%
10
Luxembourg
CAD 48,153
30.0%
11
Sweden
CAD 47,709
30.7%
12
Austria
CAD 47,359
31.2%
13
Denmark
CAD 46,339
32.6%
14
Greece
CAD 44,983
34.6%
15
Germany
CAD 43,450
36.8%
16
Poland
CAD 43,438
36.9%
17
Netherlands
CAD 43,290
37.1%
18
Finland
CAD 41,160
40.2%
19
Italy
CAD 40,579
41.0%
20
Romania
CAD 40,242
41.5%
21
Portugal
CAD 39,131
43.1%
22
Belgium
CAD 33,326
51.6%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 54,212
21.2%
1
Canada
CAD 49,083
28.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 61,673
10.4%
1
Taiwan
CAD 59,440
13.6%
2
Thailand
CAD 56,738
17.5%
3
Kazakhstan
CAD 55,355
19.5%
4
South Korea
CAD 55,277
19.6%
5
Australia
CAD 53,766
21.8%
6
New Zealand
CAD 52,671
23.4%
7
Singapore
CAD 52,569
23.6%
8
Indonesia
CAD 51,649
24.9%
9
Pakistan
CAD 50,946
25.9%
10
Japan
CAD 50,841
26.1%
11
Malaysia
CAD 49,745
27.7%
12
Philippines
CAD 48,962
28.8%
13
Vietnam
CAD 47,001
31.7%
14
China
CAD 45,242
34.2%
15
India
CAD 42,299
38.5%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 61,967
9.9%
1
Costa Rica
CAD 57,220
16.8%
2
Puerto Rico
CAD 57,210
16.8%
3
Chile
CAD 56,803
17.4%
4
Ecuador
CAD 54,430
20.9%
5
Panama
CAD 54,340
21.0%
6
Colombia
CAD 52,516
23.7%
7
Peru
CAD 51,456
25.2%
8
Brazil
CAD 50,655
26.4%
9
Mexico
CAD 50,143
27.1%
10
Uruguay
CAD 46,843
31.9%
11
Argentina
CAD 44,704
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 50,286
26.9%
1
South Africa
CAD 49,093
28.6%
2
Kenya
CAD 48,859
29.0%
3
Mozambique
CAD 47,794
30.5%
4
Nigeria
CAD 46,964
31.7%
5
Ghana
CAD 46,894
31.8%
6
Ivory Coast
CAD 45,569
33.8%
7
Morocco
CAD 44,834
34.8%
8
Cameroon
CAD 43,600
36.6%
9
Senegal
CAD 42,867
37.7%
10
Uganda
CAD 42,811
37.8%
11
Zambia
CAD 42,713
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 65,351
5.0%
1
Qatar
CAD 65,351
5.0%
2
Bahrain
CAD 63,287
8.0%
3
Oman
CAD 63,287
8.0%
4
Saudi Arabia
CAD 61,911
10.0%
5
Kuwait
CAD 61,223
11.0%
6
Israel
CAD 53,974
21.5%
7
Egypt
CAD 51,977
24.4%
8
Lebanon
CAD 51,856
24.6%
9
Turkey
CAD 40,331
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.