Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$69,755
Federal tax deduction
- $10,678
Provincial tax deduction
- $6,530
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $21,661
Net pay
* $48,094
Marginal tax rate
30.5%
Average tax rate
31.1%
68.9%
Net pay
31.1%
Total tax
Total tax
Net pay
The Taxberg
$48,094
Net pay
$4,834
Tax the employer pays
$21,661
Tax you pay
Total tax paid
$26,494
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $69,755. In other words, every time you spend $10 of your hard-earned money, $3.80 goes to the government.
Real tax rate
35.5%
So, with you and the employer both paying tax, what used to be a 31.1% tax rate now rises to 35.5%, meaning your real tax rate is actually 4.4% higher than what it seemed at first.
Summary
If you make $69,755 a year living in the region of Alberta, Canada, you will be taxed $21,661. That means that your net pay will be $48,094 per year, or $4,008 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.
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 51,356
26.4%
1
British Columbia
CAD 50,616
27.4%
2
Northwest Territories
CAD 50,115
28.2%
3
Yukon
CAD 50,019
28.3%
4
Ontario
CAD 49,762
28.7%
5
Alberta
CAD 48,094
31.1%
6
Saskatchewan
CAD 47,308
32.2%
7
New Brunswick
CAD 47,138
32.4%
8
Newfoundland and Labrador
CAD 47,169
32.4%
9
Quebec
CAD 47,075
32.5%
10
Manitoba
CAD 46,883
32.8%
11
Prince Edward Island
CAD 46,546
33.3%
12
Nova Scotia
CAD 46,229
33.7%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 60,687
13.0%
1
Switzerland
CAD 58,953
15.5%
2
Hungary
CAD 56,850
18.5%
3
Ukraine
CAD 56,153
19.5%
4
United Kingdom
CAD 54,047
22.5%
5
Czech Republic
CAD 53,422
23.4%
6
France
CAD 53,172
23.8%
7
Ireland
CAD 52,944
24.1%
8
Norway
CAD 51,899
25.6%
9
Spain
CAD 50,137
28.1%
10
Luxembourg
CAD 48,597
30.3%
11
Sweden
CAD 48,191
30.9%
12
Austria
CAD 47,859
31.4%
13
Denmark
CAD 46,988
32.6%
14
Greece
CAD 45,468
34.8%
15
Poland
CAD 43,993
36.9%
16
Germany
CAD 43,930
37.0%
17
Netherlands
CAD 43,897
37.1%
18
Finland
CAD 41,630
40.3%
19
Italy
CAD 41,030
41.2%
20
Romania
CAD 40,807
41.5%
21
Portugal
CAD 39,555
43.3%
22
Belgium
CAD 33,709
51.7%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 54,926
21.3%
1
Canada
CAD 49,762
28.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 62,473
10.4%
1
Taiwan
CAD 60,197
13.7%
2
Thailand
CAD 57,462
17.6%
3
Kazakhstan
CAD 56,137
19.5%
4
South Korea
CAD 55,966
19.8%
5
Australia
CAD 54,398
22.0%
6
New Zealand
CAD 53,304
23.6%
7
Singapore
CAD 53,274
23.6%
8
Indonesia
CAD 52,305
25.0%
9
Pakistan
CAD 51,573
26.1%
10
Japan
CAD 51,506
26.2%
11
Malaysia
CAD 50,370
27.8%
12
Philippines
CAD 49,593
28.9%
13
Vietnam
CAD 47,629
31.7%
14
China
CAD 46,068
34.0%
15
India
CAD 42,847
38.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 62,821
9.9%
1
Costa Rica
CAD 57,955
16.9%
2
Puerto Rico
CAD 57,860
17.1%
3
Chile
CAD 57,633
17.4%
4
Panama
CAD 55,070
21.1%
5
Ecuador
CAD 54,998
21.2%
6
Colombia
CAD 53,127
23.8%
7
Peru
CAD 52,146
25.2%
8
Brazil
CAD 51,355
26.4%
9
Mexico
CAD 50,772
27.2%
10
Uruguay
CAD 47,429
32.0%
11
Argentina
CAD 45,331
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 50,988
26.9%
1
South Africa
CAD 49,662
28.8%
2
Kenya
CAD 49,534
29.0%
3
Mozambique
CAD 48,421
30.6%
4
Nigeria
CAD 47,620
31.7%
5
Ghana
CAD 47,532
31.9%
6
Ivory Coast
CAD 46,167
33.8%
7
Morocco
CAD 45,418
34.9%
8
Cameroon
CAD 44,187
36.7%
9
Senegal
CAD 43,446
37.7%
10
Uganda
CAD 43,342
37.9%
11
Zambia
CAD 43,306
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 66,267
5.0%
1
Qatar
CAD 66,267
5.0%
2
Bahrain
CAD 64,175
8.0%
3
Oman
CAD 64,175
8.0%
4
Saudi Arabia
CAD 62,779
10.0%
5
Kuwait
CAD 62,082
11.0%
6
Israel
CAD 54,653
21.7%
7
Egypt
CAD 52,701
24.5%
8
Lebanon
CAD 52,580
24.6%
9
Turkey
CAD 40,893
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.