Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$63,084
Federal tax deduction
- $9,327
Provincial tax deduction
- $4,258
CPP deduction
- $3,393
EI deduction
- $951
Total tax
- $17,928
Net pay
* $45,156
Marginal tax rate
34.2%
Average tax rate
28.4%
71.6%
Net pay
28.4%
Total tax
Total tax
Net pay
The Taxberg
$45,156
Net pay
$4,724
Tax the employer pays
$17,928
Tax you pay
Total tax paid
$22,652
Did you know your employer also pays tax on your salary? It costs the employer $4,724 to pay you $63,084. In other words, every time you spend $10 of your hard-earned money, $3.59 goes to the government.
Real tax rate
33.4%
So, with you and the employer both paying tax, what used to be a 28.4% tax rate now rises to 33.4%, meaning your real tax rate is actually 5% higher than what it seemed at first.
Summary
If you make $63,084 a year living in the region of Ontario, Canada, you will be taxed $17,928. That means that your net pay will be $45,156 per year, or $3,763 per month. Your average tax rate is 28.4% and your marginal tax rate is 34.2%. 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 $34.19, hence, your net pay will only increase by $65.81.
Bonus Example
A $1,000 bonus will generate an extra $658 of net incomes. A $5,000 bonus will generate an extra $3,291 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 46,608
26.1%
1
British Columbia
CAD 45,913
27.2%
2
Northwest Territories
CAD 45,472
27.9%
3
Yukon
CAD 45,401
28.0%
4
Ontario
CAD 45,156
28.4%
5
Alberta
CAD 43,540
31.0%
6
Quebec
CAD 43,011
31.8%
7
New Brunswick
CAD 42,906
32.0%
8
Newfoundland and Labrador
CAD 42,915
32.0%
9
Saskatchewan
CAD 42,919
32.0%
10
Manitoba
CAD 42,511
32.6%
11
Prince Edward Island
CAD 42,394
32.8%
12
Nova Scotia
CAD 42,120
33.2%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 54,883
13.0%
1
Switzerland
CAD 53,900
14.6%
2
Hungary
CAD 51,413
18.5%
3
Ukraine
CAD 50,783
19.5%
4
United Kingdom
CAD 49,594
21.4%
5
Ireland
CAD 49,508
21.5%
6
France
CAD 48,949
22.4%
7
Czech Republic
CAD 48,486
23.1%
8
Norway
CAD 47,496
24.7%
9
Spain
CAD 46,186
26.8%
10
Luxembourg
CAD 45,400
28.0%
11
Sweden
CAD 44,473
29.5%
12
Austria
CAD 44,188
30.0%
13
Denmark
CAD 42,500
32.6%
14
Greece
CAD 41,942
33.5%
15
Germany
CAD 40,552
35.7%
16
Poland
CAD 40,154
36.4%
17
Netherlands
CAD 39,699
37.1%
18
Finland
CAD 38,304
39.3%
19
Italy
CAD 37,911
39.9%
20
Romania
CAD 36,904
41.5%
21
Portugal
CAD 36,620
42.0%
22
Belgium
CAD 31,008
50.9%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 49,990
20.8%
1
Canada
CAD 45,156
28.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 56,989
9.7%
1
Taiwan
CAD 54,963
12.9%
2
Thailand
CAD 52,458
16.8%
3
South Korea
CAD 51,059
19.1%
4
Kazakhstan
CAD 50,733
19.6%
5
Australia
CAD 50,028
20.7%
6
New Zealand
CAD 48,927
22.4%
7
Singapore
CAD 48,399
23.3%
8
Indonesia
CAD 47,775
24.3%
9
Pakistan
CAD 47,237
25.1%
10
Japan
CAD 46,942
25.6%
11
Malaysia
CAD 46,054
27.0%
12
Philippines
CAD 45,234
28.3%
13
Vietnam
CAD 43,340
31.3%
14
China
CAD 41,405
34.4%
15
India
CAD 39,058
38.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 56,917
9.8%
1
Puerto Rico
CAD 53,367
15.4%
2
Costa Rica
CAD 52,880
16.2%
3
Chile
CAD 51,896
17.7%
4
Ecuador
CAD 51,076
19.0%
5
Panama
CAD 50,023
20.7%
6
Colombia
CAD 48,740
22.7%
7
Peru
CAD 47,348
25.0%
8
Brazil
CAD 46,518
26.3%
9
Mexico
CAD 46,348
26.5%
10
Uruguay
CAD 43,378
31.2%
11
Argentina
CAD 40,995
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 46,135
26.9%
1
South Africa
CAD 45,716
27.5%
2
Kenya
CAD 44,865
28.9%
3
Mozambique
CAD 44,085
30.1%
4
Ghana
CAD 43,119
31.7%
5
Nigeria
CAD 43,083
31.7%
6
Ivory Coast
CAD 42,035
33.4%
7
Morocco
CAD 41,376
34.4%
8
Cameroon
CAD 40,125
36.4%
9
Uganda
CAD 39,673
37.1%
10
Senegal
CAD 39,444
37.5%
11
Zambia
CAD 39,203
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 59,930
5.0%
1
Qatar
CAD 59,930
5.0%
2
Bahrain
CAD 58,037
8.0%
3
Oman
CAD 58,037
8.0%
4
Saudi Arabia
CAD 56,776
10.0%
5
Kuwait
CAD 56,145
11.0%
6
Israel
CAD 49,957
20.8%
7
Egypt
CAD 47,698
24.4%
8
Lebanon
CAD 47,577
24.6%
9
Turkey
CAD 37,008
41.3%
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.