Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$64,073
Federal tax deduction
- $9,521
Provincial tax deduction
- $2,873
CPP deduction
- $3,448
EI deduction
- $952
Total tax
- $16,794
Net pay
* $47,279
Marginal tax rate
32.1%
Average tax rate
26.2%
73.8%
Net pay
26.2%
Total tax
Total tax
Net pay
The Taxberg
$47,279
Net pay
$4,781
Tax the employer pays
$16,794
Tax you pay
Total tax paid
$21,575
Did you know your employer also pays tax on your salary? It costs the employer $4,781 to pay you $64,073. In other words, every time you spend $10 of your hard-earned money, $3.37 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 $64,073 a year living in the region of Nunavut, Canada, you will be taxed $16,794. That means that your net pay will be $47,279 per year, or $3,940 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 47,279
26.2%
1
British Columbia
CAD 46,578
27.3%
2
Northwest Territories
CAD 46,129
28.0%
3
Yukon
CAD 46,055
28.1%
4
Ontario
CAD 45,807
28.5%
5
Alberta
CAD 44,185
31.0%
6
Quebec
CAD 43,576
32.0%
7
Saskatchewan
CAD 43,540
32.0%
8
New Brunswick
CAD 43,503
32.1%
9
Newfoundland and Labrador
CAD 43,515
32.1%
10
Manitoba
CAD 43,129
32.7%
11
Prince Edward Island
CAD 42,996
32.9%
12
Nova Scotia
CAD 42,699
33.4%
13
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 50,722
20.8%
1
Canada
CAD 45,807
28.5%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 57,792
9.8%
1
Puerto Rico
CAD 54,033
15.7%
2
Costa Rica
CAD 53,632
16.3%
3
Chile
CAD 52,746
17.7%
4
Ecuador
CAD 51,657
19.4%
5
Panama
CAD 50,772
20.8%
6
Colombia
CAD 49,401
22.9%
7
Peru
CAD 48,066
25.0%
8
Brazil
CAD 47,235
26.3%
9
Mexico
CAD 47,009
26.6%
10
Uruguay
CAD 43,979
31.4%
11
Argentina
CAD 41,638
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 46,854
26.9%
1
South Africa
CAD 46,302
27.7%
2
Kenya
CAD 45,557
28.9%
3
Mozambique
CAD 44,728
30.2%
4
Ghana
CAD 43,774
31.7%
5
Nigeria
CAD 43,756
31.7%
6
Ivory Coast
CAD 42,648
33.4%
7
Morocco
CAD 41,975
34.5%
8
Cameroon
CAD 40,728
36.4%
9
Uganda
CAD 40,217
37.2%
10
Senegal
CAD 40,037
37.5%
11
Zambia
CAD 39,812
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 60,869
5.0%
1
Qatar
CAD 60,869
5.0%
2
Bahrain
CAD 58,947
8.0%
3
Oman
CAD 58,947
8.0%
4
Saudi Arabia
CAD 57,666
10.0%
5
Kuwait
CAD 57,025
11.0%
6
Israel
CAD 50,653
21.0%
7
Egypt
CAD 48,440
24.4%
8
Lebanon
CAD 48,318
24.6%
9
Turkey
CAD 37,584
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.