Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$66,970
Federal tax deduction
- $10,107
Provincial tax deduction
- $7,387
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $21,946
Net pay
* $45,024
Marginal tax rate
33.3%
Average tax rate
32.8%
67.2%
Net pay
32.8%
Total tax
Total tax
Net pay
The Taxberg
$45,024
Net pay
$4,834
Tax the employer pays
$21,946
Tax you pay
Total tax paid
$26,780
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $66,970. In other words, every time you spend $10 of your hard-earned money, $4 goes to the government.
Real tax rate
37.3%
So, with you and the employer both paying tax, what used to be a 32.8% tax rate now rises to 37.3%, meaning your real tax rate is actually 4.5% higher than what it seemed at first.
Summary
If you make $66,970 a year living in the region of Manitoba, Canada, you will be taxed $21,946. That means that your net pay will be $45,024 per year, or $3,752 per month. Your average tax rate is 32.8% and your marginal tax rate is 33.3%. 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 $33.25, hence, your net pay will only increase by $66.75.
Bonus Example
A $1,000 bonus will generate an extra $668 of net incomes. A $5,000 bonus will generate an extra $3,338 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 49,337
26.3%
1
British Columbia
CAD 48,616
27.4%
2
Northwest Territories
CAD 48,141
28.1%
3
Yukon
CAD 48,056
28.2%
4
Ontario
CAD 47,803
28.6%
5
Alberta
CAD 46,159
31.1%
6
Saskatchewan
CAD 45,442
32.1%
7
New Brunswick
CAD 45,337
32.3%
8
Newfoundland and Labrador
CAD 45,358
32.3%
9
Quebec
CAD 45,336
32.3%
10
Manitoba
CAD 45,024
32.8%
11
Prince Edward Island
CAD 44,797
33.1%
12
Nova Scotia
CAD 44,479
33.6%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 58,264
13.0%
1
Switzerland
CAD 56,845
15.1%
2
Hungary
CAD 54,581
18.5%
3
Ukraine
CAD 53,911
19.5%
4
United Kingdom
CAD 52,188
22.1%
5
Ireland
CAD 51,510
23.1%
6
France
CAD 51,409
23.2%
7
Czech Republic
CAD 51,361
23.3%
8
Norway
CAD 50,061
25.3%
9
Spain
CAD 48,474
27.6%
10
Luxembourg
CAD 47,315
29.4%
11
Sweden
CAD 46,799
30.1%
12
Austria
CAD 46,415
30.7%
13
Denmark
CAD 45,115
32.6%
14
Greece
CAD 44,068
34.2%
15
Germany
CAD 42,544
36.5%
16
Poland
CAD 42,390
36.7%
17
Netherlands
CAD 42,145
37.1%
18
Finland
CAD 40,275
39.9%
19
Italy
CAD 39,728
40.7%
20
Romania
CAD 39,177
41.5%
21
Portugal
CAD 38,330
42.8%
22
Belgium
CAD 32,604
51.3%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 52,865
21.1%
1
Canada
CAD 47,803
28.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 60,178
10.1%
1
Taiwan
CAD 58,012
13.4%
2
Thailand
CAD 55,373
17.3%
3
South Korea
CAD 53,978
19.4%
4
Kazakhstan
CAD 53,881
19.5%
5
Australia
CAD 52,574
21.5%
6
New Zealand
CAD 51,477
23.1%
7
Singapore
CAD 51,239
23.5%
8
Indonesia
CAD 50,414
24.7%
9
Pakistan
CAD 49,763
25.7%
10
Japan
CAD 49,591
26.0%
11
Malaysia
CAD 48,572
27.5%
12
Philippines
CAD 47,773
28.7%
13
Vietnam
CAD 45,818
31.6%
14
China
CAD 43,988
34.3%
15
India
CAD 41,265
38.4%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 60,356
9.9%
1
Puerto Rico
CAD 55,984
16.4%
2
Costa Rica
CAD 55,836
16.6%
3
Chile
CAD 55,237
17.5%
4
Ecuador
CAD 53,360
20.3%
5
Panama
CAD 52,963
20.9%
6
Colombia
CAD 51,325
23.4%
7
Peru
CAD 50,154
25.1%
8
Brazil
CAD 49,336
26.3%
9
Mexico
CAD 48,946
26.9%
10
Uruguay
CAD 45,738
31.7%
11
Argentina
CAD 43,521
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 48,962
26.9%
1
South Africa
CAD 48,018
28.3%
2
Kenya
CAD 47,585
29.0%
3
Mozambique
CAD 46,611
30.4%
4
Nigeria
CAD 45,726
31.7%
5
Ghana
CAD 45,690
31.8%
6
Ivory Coast
CAD 44,442
33.6%
7
Morocco
CAD 43,731
34.7%
8
Cameroon
CAD 42,491
36.6%
9
Uganda
CAD 41,810
37.6%
10
Senegal
CAD 41,775
37.6%
11
Zambia
CAD 41,593
37.9%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 63,621
5.0%
1
Qatar
CAD 63,621
5.0%
2
Bahrain
CAD 61,612
8.0%
3
Oman
CAD 61,612
8.0%
4
Saudi Arabia
CAD 60,273
10.0%
5
Kuwait
CAD 59,603
11.0%
6
Israel
CAD 52,692
21.3%
7
Egypt
CAD 50,612
24.4%
8
Lebanon
CAD 50,491
24.6%
9
Turkey
CAD 39,271
41.4%
10
Show more
NOTE* Withholding is calculated based on the Manitoba 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.