Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$71,304
Federal tax deduction
- $10,995
Provincial tax deduction
- $6,685
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $22,133
Net pay
* $49,171
Marginal tax rate
30.5%
Average tax rate
31.0%
69.0%
Net pay
31.0%
Total tax
Total tax
Net pay
The Taxberg
$49,171
Net pay
$4,834
Tax the employer pays
$22,133
Tax you pay
Total tax paid
$26,967
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $71,304. In other words, every time you spend $10 of your hard-earned money, $3.78 goes to the government.
Real tax rate
35.4%
So, with you and the employer both paying tax, what used to be a 31% tax rate now rises to 35.4%, meaning your real tax rate is actually 4.4% higher than what it seemed at first.
Summary
If you make $71,304 a year living in the region of Alberta, Canada, you will be taxed $22,133. That means that your net pay will be $49,171 per year, or $4,098 per month. Your average tax rate is 31.0% 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 52,479
26.4%
1
British Columbia
CAD 51,728
27.5%
2
Northwest Territories
CAD 51,214
28.2%
3
Yukon
CAD 51,111
28.3%
4
Ontario
CAD 50,812
28.7%
5
Alberta
CAD 49,171
31.0%
6
Saskatchewan
CAD 48,346
32.2%
7
Newfoundland and Labrador
CAD 48,175
32.4%
8
New Brunswick
CAD 48,140
32.5%
9
Quebec
CAD 48,043
32.6%
10
Manitoba
CAD 47,910
32.8%
11
Prince Edward Island
CAD 47,519
33.4%
12
Nova Scotia
CAD 47,202
33.8%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 62,034
13.0%
1
Switzerland
CAD 60,125
15.7%
2
Hungary
CAD 58,113
18.5%
3
Ukraine
CAD 57,400
19.5%
4
United Kingdom
CAD 55,081
22.8%
5
Czech Republic
CAD 54,568
23.5%
6
France
CAD 54,152
24.1%
7
Ireland
CAD 53,742
24.6%
8
Norway
CAD 52,921
25.8%
9
Spain
CAD 51,063
28.4%
10
Luxembourg
CAD 49,309
30.9%
11
Sweden
CAD 48,966
31.3%
12
Austria
CAD 48,662
31.8%
13
Denmark
CAD 48,028
32.6%
14
Greece
CAD 46,246
35.1%
15
Poland
CAD 44,885
37.1%
16
Netherlands
CAD 44,872
37.1%
17
Germany
CAD 44,701
37.3%
18
Finland
CAD 42,384
40.6%
19
Italy
CAD 41,755
41.4%
20
Romania
CAD 41,713
41.5%
21
Portugal
CAD 40,237
43.6%
22
Belgium
CAD 34,324
51.9%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 56,064
21.4%
1
Canada
CAD 50,812
28.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 63,759
10.6%
1
Taiwan
CAD 61,412
13.9%
2
Thailand
CAD 58,623
17.8%
3
Kazakhstan
CAD 57,392
19.5%
4
South Korea
CAD 57,071
20.0%
5
Australia
CAD 55,412
22.3%
6
Singapore
CAD 54,406
23.7%
7
New Zealand
CAD 54,321
23.8%
8
Indonesia
CAD 53,356
25.2%
9
Japan
CAD 52,587
26.3%
10
Pakistan
CAD 52,580
26.3%
11
Malaysia
CAD 51,385
27.9%
12
Philippines
CAD 50,605
29.0%
13
Vietnam
CAD 48,635
31.8%
14
China
CAD 48,010
32.7%
15
India
CAD 43,727
38.7%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 64,192
10.0%
1
Costa Rica
CAD 59,133
17.1%
2
Chile
CAD 58,970
17.3%
3
Puerto Rico
CAD 58,903
17.4%
4
Panama
CAD 56,242
21.1%
5
Ecuador
CAD 56,045
21.4%
6
Colombia
CAD 54,107
24.1%
7
Peru
CAD 53,234
25.3%
8
Brazil
CAD 52,478
26.4%
9
Mexico
CAD 51,783
27.4%
10
Uruguay
CAD 48,370
32.2%
11
Argentina
CAD 46,338
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 52,115
26.9%
1
Kenya
CAD 50,619
29.0%
2
South Africa
CAD 50,576
29.1%
3
Mozambique
CAD 49,428
30.7%
4
Nigeria
CAD 48,674
31.7%
5
Ghana
CAD 48,557
31.9%
6
Ivory Coast
CAD 47,152
33.9%
7
Morocco
CAD 46,357
35.0%
8
Cameroon
CAD 45,130
36.7%
9
Senegal
CAD 44,376
37.8%
10
Zambia
CAD 44,259
37.9%
11
Uganda
CAD 44,194
38.0%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 67,739
5.0%
1
Qatar
CAD 67,739
5.0%
2
Bahrain
CAD 65,600
8.0%
3
Oman
CAD 65,600
8.0%
4
Saudi Arabia
CAD 64,174
10.0%
5
Kuwait
CAD 63,461
11.0%
6
Israel
CAD 55,716
21.9%
7
Egypt
CAD 53,863
24.5%
8
Lebanon
CAD 53,742
24.6%
9
Turkey
CAD 41,795
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.