Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$67,071
Federal tax deduction
- $10,128
Provincial tax deduction
- $7,948
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $22,529
Net pay
* $44,542
Marginal tax rate
37.2%
Average tax rate
33.6%
66.4%
Net pay
33.6%
Total tax
Total tax
Net pay
The Taxberg
$44,542
Net pay
$4,834
Tax the employer pays
$22,529
Tax you pay
Total tax paid
$27,362
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $67,071. In other words, every time you spend $10 of your hard-earned money, $4.08 goes to the government.
Real tax rate
38.1%
So, with you and the employer both paying tax, what used to be a 33.6% tax rate now rises to 38.1%, meaning your real tax rate is actually 4.5% higher than what it seemed at first.
Summary
If you make $67,071 a year living in the region of Nova Scotia, Canada, you will be taxed $22,529. That means that your net pay will be $44,542 per year, or $3,712 per month. Your average tax rate is 33.6% and your marginal tax rate is 37.2%. 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 $37.17, hence, your net pay will only increase by $62.83.
Bonus Example
A $1,000 bonus will generate an extra $628 of net incomes. A $5,000 bonus will generate an extra $3,142 of net incomes.
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 49,410
26.3%
1
British Columbia
CAD 48,689
27.4%
2
Northwest Territories
CAD 48,212
28.1%
3
Yukon
CAD 48,127
28.2%
4
Ontario
CAD 47,874
28.6%
5
Alberta
CAD 46,229
31.1%
6
Saskatchewan
CAD 45,509
32.1%
7
New Brunswick
CAD 45,402
32.3%
8
Newfoundland and Labrador
CAD 45,424
32.3%
9
Quebec
CAD 45,399
32.3%
10
Manitoba
CAD 45,091
32.8%
11
Prince Edward Island
CAD 44,860
33.1%
12
Nova Scotia
CAD 44,542
33.6%
13
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 52,940
21.1%
1
Canada
CAD 47,874
28.6%
2
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 49,036
26.9%
1
South Africa
CAD 48,078
28.3%
2
Kenya
CAD 47,655
29.0%
3
Mozambique
CAD 46,677
30.4%
4
Nigeria
CAD 45,795
31.7%
5
Ghana
CAD 45,757
31.8%
6
Ivory Coast
CAD 44,505
33.7%
7
Morocco
CAD 43,792
34.7%
8
Cameroon
CAD 42,553
36.6%
9
Uganda
CAD 41,866
37.6%
10
Senegal
CAD 41,836
37.6%
11
Zambia
CAD 41,655
37.9%
12
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NOTE* Withholding is calculated based on the Nova Scotia 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.