Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$67,180
Federal tax deduction
- $10,150
Provincial tax deduction
- $4,627
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $19,230
Net pay
* $47,950
Marginal tax rate
29.6%
Average tax rate
28.6%
71.4%
Net pay
28.6%
Total tax
Total tax
Net pay
The Taxberg
$47,950
Net pay
$4,834
Tax the employer pays
$19,230
Tax you pay
Total tax paid
$24,063
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $67,180. In other words, every time you spend $10 of your hard-earned money, $3.58 goes to the government.
Real tax rate
33.4%
So, with you and the employer both paying tax, what used to be a 28.6% tax rate now rises to 33.4%, meaning your real tax rate is actually 4.8% higher than what it seemed at first.
Summary
If you make $67,180 a year living in the region of Ontario, Canada, you will be taxed $19,230. That means that your net pay will be $47,950 per year, or $3,996 per month. Your average tax rate is 28.6% and your marginal tax rate is 29.7%. 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 $29.65, hence, your net pay will only increase by $70.35.
Bonus Example
A $1,000 bonus will generate an extra $704 of net incomes. A $5,000 bonus will generate an extra $3,518 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 49,489
26.3%
1
British Columbia
CAD 48,767
27.4%
2
Northwest Territories
CAD 48,290
28.1%
3
Yukon
CAD 48,204
28.2%
4
Ontario
CAD 47,950
28.6%
5
Alberta
CAD 46,305
31.1%
6
Saskatchewan
CAD 45,583
32.1%
7
New Brunswick
CAD 45,473
32.3%
8
Newfoundland and Labrador
CAD 45,495
32.3%
9
Quebec
CAD 45,467
32.3%
10
Manitoba
CAD 45,164
32.8%
11
Prince Edward Island
CAD 44,929
33.1%
12
Nova Scotia
CAD 44,611
33.6%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 58,447
13.0%
1
Switzerland
CAD 57,004
15.2%
2
Hungary
CAD 54,752
18.5%
3
Ukraine
CAD 54,080
19.5%
4
United Kingdom
CAD 52,328
22.1%
5
Ireland
CAD 51,618
23.2%
6
France
CAD 51,542
23.3%
7
Czech Republic
CAD 51,517
23.3%
8
Norway
CAD 50,199
25.3%
9
Spain
CAD 48,599
27.7%
10
Luxembourg
CAD 47,412
29.4%
11
Sweden
CAD 46,904
30.2%
12
Austria
CAD 46,524
30.8%
13
Denmark
CAD 45,256
32.6%
14
Greece
CAD 44,173
34.3%
15
Germany
CAD 42,648
36.5%
16
Poland
CAD 42,511
36.7%
17
Netherlands
CAD 42,277
37.1%
18
Finland
CAD 40,377
39.9%
19
Italy
CAD 39,826
40.7%
20
Romania
CAD 39,300
41.5%
21
Portugal
CAD 38,422
42.8%
22
Belgium
CAD 32,688
51.3%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 53,021
21.1%
1
Canada
CAD 47,950
28.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 60,350
10.2%
1
Taiwan
CAD 58,177
13.4%
2
Thailand
CAD 55,530
17.3%
3
South Korea
CAD 54,128
19.4%
4
Kazakhstan
CAD 54,051
19.5%
5
Australia
CAD 52,711
21.5%
6
New Zealand
CAD 51,615
23.2%
7
Singapore
CAD 51,392
23.5%
8
Indonesia
CAD 50,556
24.8%
9
Pakistan
CAD 49,899
25.7%
10
Japan
CAD 49,734
26.0%
11
Malaysia
CAD 48,707
27.5%
12
Philippines
CAD 47,910
28.7%
13
Vietnam
CAD 45,955
31.6%
14
China
CAD 44,132
34.3%
15
India
CAD 41,384
38.4%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 60,542
9.9%
1
Puerto Rico
CAD 56,126
16.5%
2
Costa Rica
CAD 55,996
16.7%
3
Chile
CAD 55,418
17.5%
4
Ecuador
CAD 53,484
20.4%
5
Panama
CAD 53,122
20.9%
6
Colombia
CAD 51,464
23.4%
7
Peru
CAD 50,304
25.1%
8
Brazil
CAD 49,488
26.3%
9
Mexico
CAD 49,086
26.9%
10
Uruguay
CAD 45,865
31.7%
11
Argentina
CAD 43,657
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 49,115
26.9%
1
South Africa
CAD 48,143
28.3%
2
Kenya
CAD 47,732
29.0%
3
Mozambique
CAD 46,748
30.4%
4
Nigeria
CAD 45,869
31.7%
5
Ghana
CAD 45,829
31.8%
6
Ivory Coast
CAD 44,572
33.7%
7
Morocco
CAD 43,858
34.7%
8
Cameroon
CAD 42,619
36.6%
9
Uganda
CAD 41,926
37.6%
10
Senegal
CAD 41,901
37.6%
11
Zambia
CAD 41,722
37.9%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 63,821
5.0%
1
Qatar
CAD 63,821
5.0%
2
Bahrain
CAD 61,806
8.0%
3
Oman
CAD 61,806
8.0%
4
Saudi Arabia
CAD 60,462
10.0%
5
Kuwait
CAD 59,790
11.0%
6
Israel
CAD 52,840
21.4%
7
Egypt
CAD 50,770
24.4%
8
Lebanon
CAD 50,649
24.6%
9
Turkey
CAD 39,393
41.4%
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.