Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$105,000
Federal tax deduction
- $18,168
Provincial tax deduction
- $12,915
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $35,535
Net pay
* $69,465
Marginal tax rate
41.6%
Average tax rate
33.8%
66.2%
Net pay
33.8%
Total tax
Total tax
Net pay
The Taxberg
$69,465
Net pay
$4,834
Tax the employer pays
$35,535
Tax you pay
Total tax paid
$40,368
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $105,000. In other words, every time you spend $10 of your hard-earned money, $3.84 goes to the government.
Real tax rate
36.8%
So, with you and the employer both paying tax, what used to be a 33.8% tax rate now rises to 36.8%, meaning your real tax rate is actually 3% higher than what it seemed at first.
Summary
If you make $105,000 a year living in the region of Newfoundland and Labrador, Canada, you will be taxed $35,535. That means that your net pay will be $69,465 per year, or $5,789 per month. Your average tax rate is 33.8% and your marginal tax rate is 41.6%. 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 $41.59, hence, your net pay will only increase by $58.41.
Bonus Example
A $1,000 bonus will generate an extra $584 of net incomes. A $5,000 bonus will generate an extra $2,921 of net incomes.
Compare average tax
Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 91,350
13.0%
1
Hungary
CAD 85,575
18.5%
2
Switzerland
CAD 84,602
19.4%
3
Ukraine
CAD 84,525
19.5%
4
Czech Republic
CAD 79,503
24.3%
5
United Kingdom
CAD 76,075
27.6%
6
France
CAD 75,482
28.1%
7
Norway
CAD 72,934
30.5%
8
Spain
CAD 71,415
32.0%
9
Ireland
CAD 71,055
32.3%
10
Denmark
CAD 69,859
33.5%
11
Austria
CAD 66,129
37.0%
12
Netherlands
CAD 65,822
37.3%
13
Sweden
CAD 65,817
37.3%
14
Luxembourg
CAD 64,755
38.3%
15
Poland
CAD 64,278
38.8%
16
Greece
CAD 62,514
40.5%
17
Romania
CAD 61,425
41.5%
18
Germany
CAD 61,235
41.7%
19
Finland
CAD 58,213
44.6%
20
Italy
CAD 57,656
45.1%
21
Portugal
CAD 55,063
47.6%
22
Belgium
CAD 46,842
55.4%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 78,144
25.6%
1
Canada
CAD 72,854
30.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 91,726
12.6%
1
Taiwan
CAD 87,986
16.2%
2
Kazakhstan
CAD 85,028
19.0%
3
Singapore
CAD 84,006
20.0%
4
Thailand
CAD 82,676
21.3%
5
South Korea
CAD 81,026
22.8%
6
Australia
CAD 77,483
26.2%
7
China
CAD 76,597
27.1%
8
New Zealand
CAD 76,428
27.2%
9
Indonesia
CAD 76,162
27.5%
10
Japan
CAD 75,908
27.7%
11
Pakistan
CAD 74,482
29.1%
12
Malaysia
CAD 73,198
30.3%
13
Philippines
CAD 72,620
30.8%
14
Vietnam
CAD 70,538
32.8%
15
India
CAD 59,913
42.9%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 94,016
10.5%
1
Chile
CAD 85,159
18.9%
2
Costa Rica
CAD 83,716
20.3%
3
Puerto Rico
CAD 80,457
23.4%
4
Panama
CAD 79,359
24.4%
5
Ecuador
CAD 78,025
25.7%
6
Brazil
CAD 76,907
26.8%
7
Colombia
CAD 76,680
27.0%
8
Uruguay
CAD 76,253
27.4%
9
Peru
CAD 75,298
28.3%
10
Mexico
CAD 73,435
30.1%
11
Argentina
CAD 68,240
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 76,629
27.0%
1
Kenya
CAD 74,206
29.3%
2
Nigeria
CAD 71,594
31.8%
3
Mozambique
CAD 71,331
32.1%
4
Ghana
CAD 70,847
32.5%
5
South Africa
CAD 70,457
32.9%
6
Ivory Coast
CAD 69,984
33.4%
7
Morocco
CAD 66,776
36.4%
8
Cameroon
CAD 65,646
37.5%
9
Zambia
CAD 64,982
38.1%
10
Senegal
CAD 64,593
38.5%
11
Uganda
CAD 62,727
40.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 99,750
5.0%
1
Qatar
CAD 99,750
5.0%
2
Bahrain
CAD 96,600
8.0%
3
Oman
CAD 96,600
8.0%
4
Saudi Arabia
CAD 94,500
10.0%
5
Kuwait
CAD 94,031
10.5%
6
Egypt
CAD 79,135
24.6%
7
Lebanon
CAD 79,014
24.8%
8
Israel
CAD 76,225
27.4%
9
Turkey
CAD 61,420
41.5%
10
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NOTE* Withholding is calculated based on the Newfoundland and Labrador 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.