Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$66,660
Federal tax deduction
- $10,043
Provincial tax deduction
- $3,771
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $18,266
Net pay
* $48,394
Marginal tax rate
28.2%
Average tax rate
27.4%
72.6%
Net pay
27.4%
Total tax
Total tax
Net pay
The Taxberg
$48,394
Net pay
$4,834
Tax the employer pays
$18,266
Tax you pay
Total tax paid
$23,100
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $66,660. In other words, every time you spend $10 of your hard-earned money, $3.47 goes to the government.
Real tax rate
32.3%
So, with you and the employer both paying tax, what used to be a 27.4% tax rate now rises to 32.3%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
Summary
If you make $66,660 a year living in the region of British Columbia, Canada, you will be taxed $18,266. That means that your net pay will be $48,394 per year, or $4,033 per month. Your average tax rate is 27.4% and your marginal tax rate is 28.2%. 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 $28.20, hence, your net pay will only increase by $71.80.
Bonus Example
A $1,000 bonus will generate an extra $718 of net incomes. A $5,000 bonus will generate an extra $3,590 of net incomes.
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 49,112
26.3%
1
British Columbia
CAD 48,394
27.4%
2
Northwest Territories
CAD 47,921
28.1%
3
Yukon
CAD 47,837
28.2%
4
Ontario
CAD 47,585
28.6%
5
Alberta
CAD 45,943
31.1%
6
Saskatchewan
CAD 45,234
32.1%
7
New Brunswick
CAD 45,137
32.3%
8
Newfoundland and Labrador
CAD 45,157
32.3%
9
Quebec
CAD 45,142
32.3%
10
Manitoba
CAD 44,817
32.8%
11
Prince Edward Island
CAD 44,602
33.1%
12
Nova Scotia
CAD 44,284
33.6%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 57,994
13.0%
1
Switzerland
CAD 56,610
15.1%
2
Hungary
CAD 54,328
18.5%
3
Ukraine
CAD 53,661
19.5%
4
United Kingdom
CAD 51,981
22.0%
5
Ireland
CAD 51,350
23.0%
6
France
CAD 51,212
23.2%
7
Czech Republic
CAD 51,132
23.3%
8
Norway
CAD 49,856
25.2%
9
Spain
CAD 48,289
27.6%
10
Luxembourg
CAD 47,169
29.2%
11
Sweden
CAD 46,643
30.0%
12
Austria
CAD 46,249
30.6%
13
Denmark
CAD 44,906
32.6%
14
Greece
CAD 43,908
34.1%
15
Germany
CAD 42,388
36.4%
16
Poland
CAD 42,212
36.7%
17
Netherlands
CAD 41,950
37.1%
18
Finland
CAD 40,122
39.8%
19
Italy
CAD 39,583
40.6%
20
Romania
CAD 38,996
41.5%
21
Portugal
CAD 38,194
42.7%
22
Belgium
CAD 32,480
51.3%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 52,636
21.0%
1
Canada
CAD 47,585
28.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 59,923
10.1%
1
Taiwan
CAD 57,769
13.3%
2
Thailand
CAD 55,140
17.3%
3
South Korea
CAD 53,757
19.4%
4
Kazakhstan
CAD 53,630
19.6%
5
Australia
CAD 52,371
21.4%
6
New Zealand
CAD 51,274
23.1%
7
Singapore
CAD 51,012
23.5%
8
Indonesia
CAD 50,203
24.7%
9
Pakistan
CAD 49,561
25.7%
10
Japan
CAD 49,379
25.9%
11
Malaysia
CAD 48,372
27.4%
12
Philippines
CAD 47,571
28.6%
13
Vietnam
CAD 45,617
31.6%
14
China
CAD 43,774
34.3%
15
India
CAD 41,089
38.4%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 60,082
9.9%
1
Puerto Rico
CAD 55,775
16.3%
2
Costa Rica
CAD 55,600
16.6%
3
Chile
CAD 54,971
17.5%
4
Ecuador
CAD 53,178
20.2%
5
Panama
CAD 52,729
20.9%
6
Colombia
CAD 51,119
23.3%
7
Peru
CAD 49,932
25.1%
8
Brazil
CAD 49,111
26.3%
9
Mexico
CAD 48,739
26.9%
10
Uruguay
CAD 45,549
31.7%
11
Argentina
CAD 43,319
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 48,737
26.9%
1
South Africa
CAD 47,834
28.2%
2
Kenya
CAD 47,368
28.9%
3
Mozambique
CAD 46,410
30.4%
4
Nigeria
CAD 45,515
31.7%
5
Ghana
CAD 45,485
31.8%
6
Ivory Coast
CAD 44,250
33.6%
7
Morocco
CAD 43,543
34.7%
8
Cameroon
CAD 42,303
36.5%
9
Uganda
CAD 41,640
37.5%
10
Senegal
CAD 41,589
37.6%
11
Zambia
CAD 41,403
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 63,327
5.0%
1
Qatar
CAD 63,327
5.0%
2
Bahrain
CAD 61,327
8.0%
3
Oman
CAD 61,327
8.0%
4
Saudi Arabia
CAD 59,994
10.0%
5
Kuwait
CAD 59,327
11.0%
6
Israel
CAD 52,474
21.3%
7
Egypt
CAD 50,380
24.4%
8
Lebanon
CAD 50,259
24.6%
9
Turkey
CAD 39,090
41.4%
10
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NOTE* Withholding is calculated based on the British Columbia 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.