Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$67,002
Federal tax deduction
- $10,113
Provincial tax deduction
- $4,272
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $18,838
Net pay
* $48,164
Marginal tax rate
29.1%
Average tax rate
28.1%
71.9%
Net pay
28.1%
Total tax
Total tax
Net pay
The Taxberg
$48,164
Net pay
$4,834
Tax the employer pays
$18,838
Tax you pay
Total tax paid
$23,672
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $67,002. In other words, every time you spend $10 of your hard-earned money, $3.53 goes to the government.
Real tax rate
33.0%
So, with you and the employer both paying tax, what used to be a 28.1% tax rate now rises to 33.0%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
Summary
If you make $67,002 a year living in the region of Northwest Territories, Canada, you will be taxed $18,838. That means that your net pay will be $48,164 per year, or $4,014 per month. Your average tax rate is 28.1% and your marginal tax rate is 29.1%. 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 $29.10, hence, your net pay will only increase by $70.90.
Bonus Example
A $1,000 bonus will generate an extra $709 of net incomes. A $5,000 bonus will generate an extra $3,545 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 49,360
26.3%
1
British Columbia
CAD 48,639
27.4%
2
Northwest Territories
CAD 48,164
28.1%
3
Yukon
CAD 48,078
28.2%
4
Ontario
CAD 47,825
28.6%
5
Alberta
CAD 46,181
31.1%
6
Saskatchewan
CAD 45,463
32.1%
7
New Brunswick
CAD 45,358
32.3%
8
Newfoundland and Labrador
CAD 45,379
32.3%
9
Quebec
CAD 45,356
32.3%
10
Manitoba
CAD 45,045
32.8%
11
Prince Edward Island
CAD 44,817
33.1%
12
Nova Scotia
CAD 44,499
33.6%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 58,292
13.0%
1
Switzerland
CAD 56,869
15.1%
2
Hungary
CAD 54,607
18.5%
3
Ukraine
CAD 53,937
19.5%
4
United Kingdom
CAD 52,209
22.1%
5
Ireland
CAD 51,526
23.1%
6
France
CAD 51,429
23.2%
7
Czech Republic
CAD 51,385
23.3%
8
Norway
CAD 50,082
25.3%
9
Spain
CAD 48,493
27.6%
10
Luxembourg
CAD 47,330
29.4%
11
Sweden
CAD 46,815
30.1%
12
Austria
CAD 46,432
30.7%
13
Denmark
CAD 45,136
32.6%
14
Greece
CAD 44,084
34.2%
15
Germany
CAD 42,560
36.5%
16
Poland
CAD 42,409
36.7%
17
Netherlands
CAD 42,165
37.1%
18
Finland
CAD 40,290
39.9%
19
Italy
CAD 39,743
40.7%
20
Romania
CAD 39,196
41.5%
21
Portugal
CAD 38,344
42.8%
22
Belgium
CAD 32,617
51.3%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 52,889
21.1%
1
Canada
CAD 47,825
28.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 60,204
10.2%
1
Taiwan
CAD 58,037
13.4%
2
Thailand
CAD 55,397
17.3%
3
South Korea
CAD 54,001
19.4%
4
Kazakhstan
CAD 53,907
19.5%
5
Australia
CAD 52,595
21.5%
6
New Zealand
CAD 51,498
23.1%
7
Singapore
CAD 51,262
23.5%
8
Indonesia
CAD 50,435
24.7%
9
Pakistan
CAD 49,784
25.7%
10
Japan
CAD 49,612
26.0%
11
Malaysia
CAD 48,593
27.5%
12
Philippines
CAD 47,794
28.7%
13
Vietnam
CAD 45,839
31.6%
14
China
CAD 44,010
34.3%
15
India
CAD 41,283
38.4%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 60,384
9.9%
1
Puerto Rico
CAD 56,006
16.4%
2
Costa Rica
CAD 55,860
16.6%
3
Chile
CAD 55,265
17.5%
4
Ecuador
CAD 53,379
20.3%
5
Panama
CAD 52,987
20.9%
6
Colombia
CAD 51,346
23.4%
7
Peru
CAD 50,177
25.1%
8
Brazil
CAD 49,359
26.3%
9
Mexico
CAD 48,967
26.9%
10
Uruguay
CAD 45,757
31.7%
11
Argentina
CAD 43,542
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 48,985
26.9%
1
South Africa
CAD 48,037
28.3%
2
Kenya
CAD 47,607
29.0%
3
Mozambique
CAD 46,632
30.4%
4
Nigeria
CAD 45,748
31.7%
5
Ghana
CAD 45,711
31.8%
6
Ivory Coast
CAD 44,462
33.6%
7
Morocco
CAD 43,750
34.7%
8
Cameroon
CAD 42,511
36.6%
9
Uganda
CAD 41,828
37.6%
10
Senegal
CAD 41,795
37.6%
11
Zambia
CAD 41,613
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 63,652
5.0%
1
Qatar
CAD 63,652
5.0%
2
Bahrain
CAD 61,642
8.0%
3
Oman
CAD 61,642
8.0%
4
Saudi Arabia
CAD 60,302
10.0%
5
Kuwait
CAD 59,632
11.0%
6
Israel
CAD 52,715
21.3%
7
Egypt
CAD 50,636
24.4%
8
Lebanon
CAD 50,515
24.6%
9
Turkey
CAD 39,290
41.4%
10
Show more
NOTE* Withholding is calculated based on the Northwest Territories 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.