Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$70,356
Federal tax deduction
- $10,801
Provincial tax deduction
- $6,590
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $21,844
Net pay
* $48,512
Marginal tax rate
30.5%
Average tax rate
31.0%
69.0%
Net pay
31.0%
Total tax
Total tax
Net pay
The Taxberg
$48,512
Net pay
$4,834
Tax the employer pays
$21,844
Tax you pay
Total tax paid
$26,678
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $70,356. In other words, every time you spend $10 of your hard-earned money, $3.79 goes to the government.
Real tax rate
35.5%
So, with you and the employer both paying tax, what used to be a 31% tax rate now rises to 35.5%, meaning your real tax rate is actually 4.5% higher than what it seemed at first.
Summary
If you make $70,356 a year living in the region of Alberta, Canada, you will be taxed $21,844. That means that your net pay will be $48,512 per year, or $4,043 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 51,792
26.4%
1
British Columbia
CAD 51,047
27.4%
2
Northwest Territories
CAD 50,541
28.2%
3
Yukon
CAD 50,443
28.3%
4
Ontario
CAD 50,174
28.7%
5
Alberta
CAD 48,512
31.0%
6
Saskatchewan
CAD 47,710
32.2%
7
New Brunswick
CAD 47,527
32.4%
8
Newfoundland and Labrador
CAD 47,559
32.4%
9
Quebec
CAD 47,451
32.6%
10
Manitoba
CAD 47,282
32.8%
11
Prince Edward Island
CAD 46,923
33.3%
12
Nova Scotia
CAD 46,606
33.8%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 61,210
13.0%
1
Switzerland
CAD 59,408
15.6%
2
Hungary
CAD 57,340
18.5%
3
Ukraine
CAD 56,637
19.5%
4
United Kingdom
CAD 54,448
22.6%
5
Czech Republic
CAD 53,867
23.4%
6
France
CAD 53,552
23.9%
7
Ireland
CAD 53,253
24.3%
8
Norway
CAD 52,296
25.7%
9
Spain
CAD 50,496
28.2%
10
Luxembourg
CAD 48,873
30.5%
11
Sweden
CAD 48,492
31.1%
12
Austria
CAD 48,171
31.5%
13
Denmark
CAD 47,392
32.6%
14
Greece
CAD 45,770
35.0%
15
Poland
CAD 44,339
37.0%
16
Netherlands
CAD 44,275
37.1%
17
Germany
CAD 44,229
37.1%
18
Finland
CAD 41,922
40.4%
19
Italy
CAD 41,311
41.3%
20
Romania
CAD 41,158
41.5%
21
Portugal
CAD 39,820
43.4%
22
Belgium
CAD 33,948
51.8%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 55,368
21.3%
1
Canada
CAD 50,174
28.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 62,972
10.5%
1
Taiwan
CAD 60,668
13.8%
2
Thailand
CAD 57,912
17.7%
3
Kazakhstan
CAD 56,624
19.5%
4
South Korea
CAD 56,395
19.8%
5
Australia
CAD 54,792
22.1%
6
Singapore
CAD 53,713
23.7%
7
New Zealand
CAD 53,699
23.7%
8
Indonesia
CAD 52,713
25.1%
9
Pakistan
CAD 51,964
26.1%
10
Japan
CAD 51,920
26.2%
11
Malaysia
CAD 50,764
27.9%
12
Philippines
CAD 49,985
29.0%
13
Vietnam
CAD 48,019
31.8%
14
China
CAD 46,822
33.5%
15
India
CAD 43,188
38.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 63,353
10.0%
1
Costa Rica
CAD 58,412
17.0%
2
Puerto Rico
CAD 58,265
17.2%
3
Chile
CAD 58,150
17.4%
4
Panama
CAD 55,525
21.1%
5
Ecuador
CAD 55,401
21.3%
6
Colombia
CAD 53,507
24.0%
7
Peru
CAD 52,571
25.3%
8
Brazil
CAD 51,791
26.4%
9
Mexico
CAD 51,164
27.3%
10
Uruguay
CAD 47,794
32.1%
11
Argentina
CAD 45,722
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 51,425
26.9%
1
South Africa
CAD 50,017
28.9%
2
Kenya
CAD 49,955
29.0%
3
Mozambique
CAD 48,812
30.6%
4
Nigeria
CAD 48,029
31.7%
5
Ghana
CAD 47,930
31.9%
6
Ivory Coast
CAD 46,546
33.8%
7
Morocco
CAD 45,783
34.9%
8
Cameroon
CAD 44,553
36.7%
9
Senegal
CAD 43,807
37.7%
10
Zambia
CAD 43,676
37.9%
11
Uganda
CAD 43,673
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 66,838
5.0%
1
Qatar
CAD 66,838
5.0%
2
Bahrain
CAD 64,728
8.0%
3
Oman
CAD 64,728
8.0%
4
Saudi Arabia
CAD 63,320
10.0%
5
Kuwait
CAD 62,617
11.0%
6
Israel
CAD 55,076
21.7%
7
Egypt
CAD 53,152
24.5%
8
Lebanon
CAD 53,031
24.6%
9
Turkey
CAD 41,243
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.