Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$63,444
Federal tax deduction
- $9,397
Provincial tax deduction
- $2,831
CPP deduction
- $3,413
EI deduction
- $951
Total tax
- $16,592
Net pay
* $46,852
Marginal tax rate
32.1%
Average tax rate
26.2%
73.8%
Net pay
26.2%
Total tax
Total tax
Net pay
The Taxberg
$46,852
Net pay
$4,745
Tax the employer pays
$16,592
Tax you pay
Total tax paid
$21,337
Did you know your employer also pays tax on your salary? It costs the employer $4,745 to pay you $63,444. In other words, every time you spend $10 of your hard-earned money, $3.36 goes to the government.
Real tax rate
31.3%
So, with you and the employer both paying tax, what used to be a 26.2% tax rate now rises to 31.3%, meaning your real tax rate is actually 5.1% higher than what it seemed at first.
Summary
If you make $63,444 a year living in the region of Nunavut, Canada, you will be taxed $16,592. That means that your net pay will be $46,852 per year, or $3,904 per month. Your average tax rate is 26.2% and your marginal tax rate is 32.1%. 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 $32.10, hence, your net pay will only increase by $67.90.
Bonus Example
A $1,000 bonus will generate an extra $679 of net incomes. A $5,000 bonus will generate an extra $3,395 of net incomes.
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 46,852
26.2%
1
British Columbia
CAD 46,155
27.3%
2
Northwest Territories
CAD 45,711
28.0%
3
Yukon
CAD 45,639
28.1%
4
Ontario
CAD 45,393
28.5%
5
Alberta
CAD 43,775
31.0%
6
Quebec
CAD 43,217
31.9%
7
New Brunswick
CAD 43,123
32.0%
8
Newfoundland and Labrador
CAD 43,134
32.0%
9
Saskatchewan
CAD 43,145
32.0%
10
Manitoba
CAD 42,736
32.6%
11
Prince Edward Island
CAD 42,613
32.8%
12
Nova Scotia
CAD 42,331
33.3%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 55,196
13.0%
1
Switzerland
CAD 54,176
14.6%
2
Hungary
CAD 51,707
18.5%
3
Ukraine
CAD 51,072
19.5%
4
United Kingdom
CAD 49,834
21.5%
5
Ireland
CAD 49,694
21.7%
6
France
CAD 49,177
22.5%
7
Czech Republic
CAD 48,752
23.2%
8
Norway
CAD 47,734
24.8%
9
Spain
CAD 46,398
26.9%
10
Luxembourg
CAD 45,578
28.2%
11
Sweden
CAD 44,712
29.5%
12
Austria
CAD 44,395
30.0%
13
Denmark
CAD 42,742
32.6%
14
Greece
CAD 42,140
33.6%
15
Germany
CAD 40,736
35.8%
16
Poland
CAD 40,361
36.4%
17
Netherlands
CAD 39,926
37.1%
18
Finland
CAD 38,487
39.3%
19
Italy
CAD 38,080
40.0%
20
Romania
CAD 37,115
41.5%
21
Portugal
CAD 36,778
42.0%
22
Belgium
CAD 31,156
50.9%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 50,256
20.8%
1
Canada
CAD 45,393
28.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 57,281
9.7%
1
Taiwan
CAD 55,246
12.9%
2
Thailand
CAD 52,728
16.9%
3
South Korea
CAD 51,335
19.1%
4
Kazakhstan
CAD 51,025
19.6%
5
Australia
CAD 50,264
20.8%
6
New Zealand
CAD 49,164
22.5%
7
Singapore
CAD 48,662
23.3%
8
Indonesia
CAD 48,019
24.3%
9
Pakistan
CAD 47,471
25.2%
10
Japan
CAD 47,188
25.6%
11
Malaysia
CAD 46,289
27.0%
12
Philippines
CAD 45,470
28.3%
13
Vietnam
CAD 43,564
31.3%
14
China
CAD 41,628
34.4%
15
India
CAD 39,262
38.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 57,235
9.8%
1
Puerto Rico
CAD 53,610
15.5%
2
Costa Rica
CAD 53,154
16.2%
3
Chile
CAD 52,205
17.7%
4
Ecuador
CAD 51,287
19.2%
5
Panama
CAD 50,296
20.7%
6
Colombia
CAD 48,981
22.8%
7
Peru
CAD 47,609
25.0%
8
Brazil
CAD 46,779
26.3%
9
Mexico
CAD 46,589
26.6%
10
Uruguay
CAD 43,597
31.3%
11
Argentina
CAD 41,229
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 46,397
26.9%
1
South Africa
CAD 45,929
27.6%
2
Kenya
CAD 45,117
28.9%
3
Mozambique
CAD 44,319
30.1%
4
Ghana
CAD 43,358
31.7%
5
Nigeria
CAD 43,328
31.7%
6
Ivory Coast
CAD 42,258
33.4%
7
Morocco
CAD 41,594
34.4%
8
Cameroon
CAD 40,345
36.4%
9
Uganda
CAD 39,871
37.2%
10
Senegal
CAD 39,660
37.5%
11
Zambia
CAD 39,425
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 60,272
5.0%
1
Qatar
CAD 60,272
5.0%
2
Bahrain
CAD 58,368
8.0%
3
Oman
CAD 58,368
8.0%
4
Saudi Arabia
CAD 57,100
10.0%
5
Kuwait
CAD 56,465
11.0%
6
Israel
CAD 50,210
20.9%
7
Egypt
CAD 47,968
24.4%
8
Lebanon
CAD 47,847
24.6%
9
Turkey
CAD 37,217
41.3%
10
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NOTE* Withholding is calculated based on the Nunavut 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.