Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$63,589
Federal tax deduction
- $9,426
Provincial tax deduction
- $4,303
CPP deduction
- $3,421
EI deduction
- $951
Total tax
- $18,101
Net pay
* $45,488
Marginal tax rate
34.2%
Average tax rate
28.5%
71.5%
Net pay
28.5%
Total tax
Total tax
Net pay
The Taxberg
$45,488
Net pay
$4,753
Tax the employer pays
$18,101
Tax you pay
Total tax paid
$22,854
Did you know your employer also pays tax on your salary? It costs the employer $4,753 to pay you $63,589. 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 28.5% tax rate now rises to 33.4%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
Summary
If you make $63,589 a year living in the region of Ontario, Canada, you will be taxed $18,101. That means that your net pay will be $45,488 per year, or $3,791 per month. Your average tax rate is 28.5% 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.
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 46,950
26.2%
1
British Columbia
CAD 46,253
27.3%
2
Northwest Territories
CAD 45,807
28.0%
3
Yukon
CAD 45,735
28.1%
4
Ontario
CAD 45,488
28.5%
5
Alberta
CAD 43,869
31.0%
6
Quebec
CAD 43,300
31.9%
7
New Brunswick
CAD 43,211
32.0%
8
Newfoundland and Labrador
CAD 43,222
32.0%
9
Saskatchewan
CAD 43,236
32.0%
10
Manitoba
CAD 42,826
32.7%
11
Prince Edward Island
CAD 42,701
32.8%
12
Nova Scotia
CAD 42,416
33.3%
13
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 50,364
20.8%
1
Canada
CAD 45,488
28.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 57,399
9.7%
1
Taiwan
CAD 55,359
12.9%
2
Thailand
CAD 52,837
16.9%
3
South Korea
CAD 51,446
19.1%
4
Kazakhstan
CAD 51,142
19.6%
5
Australia
CAD 50,359
20.8%
6
New Zealand
CAD 49,259
22.5%
7
Singapore
CAD 48,768
23.3%
8
Indonesia
CAD 48,118
24.3%
9
Pakistan
CAD 47,565
25.2%
10
Japan
CAD 47,287
25.6%
11
Malaysia
CAD 46,384
27.1%
12
Philippines
CAD 45,564
28.4%
13
Vietnam
CAD 43,654
31.4%
14
China
CAD 41,718
34.4%
15
India
CAD 39,345
38.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 57,364
9.8%
1
Puerto Rico
CAD 53,707
15.5%
2
Costa Rica
CAD 53,264
16.2%
3
Chile
CAD 52,330
17.7%
4
Ecuador
CAD 51,372
19.2%
5
Panama
CAD 50,406
20.7%
6
Colombia
CAD 49,078
22.8%
7
Peru
CAD 47,714
25.0%
8
Brazil
CAD 46,884
26.3%
9
Mexico
CAD 46,686
26.6%
10
Uruguay
CAD 43,685
31.3%
11
Argentina
CAD 41,323
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 46,502
26.9%
1
South Africa
CAD 46,015
27.6%
2
Kenya
CAD 45,218
28.9%
3
Mozambique
CAD 44,413
30.2%
4
Ghana
CAD 43,454
31.7%
5
Nigeria
CAD 43,426
31.7%
6
Ivory Coast
CAD 42,348
33.4%
7
Morocco
CAD 41,682
34.5%
8
Cameroon
CAD 40,433
36.4%
9
Uganda
CAD 39,951
37.2%
10
Senegal
CAD 39,747
37.5%
11
Zambia
CAD 39,514
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 60,410
5.0%
1
Qatar
CAD 60,410
5.0%
2
Bahrain
CAD 58,502
8.0%
3
Oman
CAD 58,502
8.0%
4
Saudi Arabia
CAD 57,230
10.0%
5
Kuwait
CAD 56,594
11.0%
6
Israel
CAD 50,312
20.9%
7
Egypt
CAD 48,077
24.4%
8
Lebanon
CAD 47,955
24.6%
9
Turkey
CAD 37,302
41.3%
10
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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.