Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$60
EI deduction
- $0.95
Total tax
- $0.95
Net pay
* $59.05
Marginal tax rate
1.6%
Average tax rate
1.6%
98.4%
Net pay
1.6%
Total tax
Total tax
Net pay
The Taxberg
$59.05
Net pay
$1.33
Tax the employer pays
$0.95
Tax you pay
Total tax paid
$2.28
Did you know your employer also pays tax on your salary? It costs the employer $1.33 to pay you $60. In other words, every time you spend $10 of your hard-earned money, $0.38 goes to the government.
Real tax rate
3.7%
So, with you and the employer both paying tax, what used to be a 1.6% tax rate now rises to 3.7%, meaning your real tax rate is actually 2.1% higher than what it seemed at first.
Summary
If you make $60 a year living in the region of Ontario, Canada, you will be taxed $0.95. That means that your net pay will be $59.05 per year, or $4.92 per month. Your average tax rate is 1.6% and your marginal tax rate is 1.6%. 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 $1.58, hence, your net pay will only increase by $98.42.
Bonus Example
A $1,000 bonus will generate an extra $984 of net incomes. A $5,000 bonus will generate an extra $4,921 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
British Columbia
CAD 59
1.6%
1
Ontario
CAD 59
1.6%
2
Yukon
CAD 59
1.6%
3
Quebec
CAD 59
1.7%
4
Newfoundland and Labrador
CAD 54
10.1%
5
Nova Scotia
CAD 54
10.2%
6
New Brunswick
CAD 54
10.8%
7
Prince Edward Island
CAD 53
11.2%
8
Alberta
CAD 53
11.4%
9
Saskatchewan
CAD 53
11.9%
10
Manitoba
CAD 53
12.2%
11
Nunavut
CAD 57
5.5%
12
Northwest Territories
CAD 56
7.4%
13
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Europe
Country 
Net pay
Average tax
Rank
United Kingdom
CAD 60
0.0%
1
Germany
CAD 60
0.0%
2
Austria
CAD 60
0.0%
3
Ireland
CAD 60
0.0%
4
Sweden
CAD 60
0.0%
5
Norway
CAD 60
0.0%
6
Spain
CAD 56
6.4%
7
Italy
CAD 55
9.2%
8
France
CAD 54
9.7%
9
Czech Republic
CAD 53
11.0%
10
Luxembourg
CAD 53
11.1%
11
Russia
CAD 52
13.0%
12
Hungary
CAD 49
18.5%
13
Ukraine
CAD 48
19.5%
14
Poland
CAD 47
21.5%
15
Greece
CAD 47
21.8%
16
Portugal
CAD 45
25.5%
17
Finland
CAD 42
30.8%
18
Belgium
CAD 41
32.0%
19
Netherlands
CAD 37
38.3%
20
Romania
CAD 35
41.5%
21
Switzerland
CAD 18
70.6%
22
Denmark
CAD 0
100.0%
23
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North America
Country 
Net pay
Average tax
Rank
Canada
CAD 59
1.6%
1
USA
CAD 55
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
CAD 60
0.0%
1
Singapore
CAD 60
0.0%
2
Hong Kong
CAD 60
0.0%
3
Thailand
CAD 57
5.0%
4
Indonesia
CAD 55
8.8%
5
Taiwan
CAD 55
8.9%
6
South Korea
CAD 54
10.7%
7
New Zealand
CAD 53
11.9%
8
India
CAD 53
12.0%
9
China
CAD 52
13.2%
10
Vietnam
CAD 51
15.0%
11
Japan
CAD 49
18.7%
12
Malaysia
CAD 48
19.8%
13
Kazakhstan
CAD 48
20.8%
14
Pakistan
CAD 45
25.1%
15
Philippines
CAD 25
59.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
CAD 59
2.4%
1
Brazil
CAD 56
7.5%
2
Puerto Rico
CAD 55
8.0%
3
Colombia
CAD 55
8.0%
4
Ecuador
CAD 54
9.5%
5
Guatemala
CAD 54
9.6%
6
Costa Rica
CAD 54
10.5%
7
Panama
CAD 53
11.0%
8
Peru
CAD 53
12.5%
9
Argentina
CAD 50
17.0%
10
Chile
CAD 49
17.6%
11
Uruguay
CAD 49
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 59
1.0%
1
Angola
CAD 58
3.0%
2
Uganda
CAD 57
5.0%
3
Ghana
CAD 57
5.5%
4
Zambia
CAD 56
6.0%
5
Morocco
CAD 56
6.7%
6
Ivory Coast
CAD 56
7.5%
7
Senegal
CAD 53
12.0%
8
Cameroon
CAD 51
15.6%
9
Nigeria
CAD 50
16.8%
10
Mozambique
CAD 40
32.5%
11
Kenya
CAD 15
75.7%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
CAD 60
0.0%
1
Saudi Arabia
CAD 60
0.0%
2
United Arab Emirates
CAD 57
5.0%
3
Qatar
CAD 57
5.0%
4
Lebanon
CAD 56
7.0%
5
Oman
CAD 55
8.0%
6
Bahrain
CAD 55
8.0%
7
Kuwait
CAD 53
11.0%
8
Israel
CAD 52
13.2%
9
Turkey
CAD 51
15.8%
10
Show more
NOTE* Withholding is calculated based on the Ontario 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.