Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$67,830
Federal tax deduction
- $10,283
Provincial tax deduction
- $4,687
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $19,422
Net pay
* $48,408
Marginal tax rate
29.7%
Average tax rate
28.6%
71.4%
Net pay
28.6%
Total tax
Total tax
Net pay
The Taxberg
$48,408
Net pay
$4,834
Tax the employer pays
$19,422
Tax you pay
Total tax paid
$24,256
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $67,830. 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 $67,830 a year living in the region of Ontario, Canada, you will be taxed $19,422. That means that your net pay will be $48,408 per year, or $4,034 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 49,960
26.3%
1
British Columbia
CAD 49,234
27.4%
2
Northwest Territories
CAD 48,751
28.1%
3
Yukon
CAD 48,662
28.3%
4
Ontario
CAD 48,408
28.6%
5
Alberta
CAD 46,756
31.1%
6
Saskatchewan
CAD 46,018
32.2%
7
New Brunswick
CAD 45,893
32.3%
8
Newfoundland and Labrador
CAD 45,917
32.3%
9
Quebec
CAD 45,873
32.4%
10
Manitoba
CAD 45,598
32.8%
11
Prince Edward Island
CAD 45,337
33.2%
12
Nova Scotia
CAD 45,019
33.6%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 59,012
13.0%
1
Switzerland
CAD 57,496
15.2%
2
Hungary
CAD 55,281
18.5%
3
Ukraine
CAD 54,603
19.5%
4
United Kingdom
CAD 52,762
22.2%
5
Czech Republic
CAD 51,998
23.3%
6
France
CAD 51,953
23.4%
7
Ireland
CAD 51,952
23.4%
8
Norway
CAD 50,628
25.4%
9
Spain
CAD 48,987
27.8%
10
Luxembourg
CAD 47,711
29.7%
11
Sweden
CAD 47,229
30.4%
12
Austria
CAD 46,861
30.9%
13
Denmark
CAD 45,693
32.6%
14
Greece
CAD 44,500
34.4%
15
Germany
CAD 42,972
36.7%
16
Poland
CAD 42,885
36.8%
17
Netherlands
CAD 42,686
37.1%
18
Finland
CAD 40,693
40.0%
19
Italy
CAD 40,130
40.8%
20
Romania
CAD 39,681
41.5%
21
Portugal
CAD 38,708
42.9%
22
Belgium
CAD 32,946
51.4%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 53,502
21.1%
1
Canada
CAD 48,408
28.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 60,884
10.2%
1
Taiwan
CAD 58,686
13.5%
2
Thailand
CAD 56,018
17.4%
3
South Korea
CAD 54,592
19.5%
4
Kazakhstan
CAD 54,578
19.5%
5
Australia
CAD 53,137
21.7%
6
New Zealand
CAD 52,041
23.3%
7
Singapore
CAD 51,867
23.5%
8
Indonesia
CAD 50,998
24.8%
9
Pakistan
CAD 50,322
25.8%
10
Japan
CAD 50,180
26.0%
11
Malaysia
CAD 49,126
27.6%
12
Philippines
CAD 48,335
28.7%
13
Vietnam
CAD 46,377
31.6%
14
China
CAD 44,580
34.3%
15
India
CAD 41,753
38.4%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 61,117
9.9%
1
Puerto Rico
CAD 56,563
16.6%
2
Costa Rica
CAD 56,490
16.7%
3
Chile
CAD 55,977
17.5%
4
Ecuador
CAD 53,866
20.6%
5
Panama
CAD 53,614
21.0%
6
Colombia
CAD 51,896
23.5%
7
Peru
CAD 50,769
25.2%
8
Brazil
CAD 49,959
26.4%
9
Mexico
CAD 49,517
27.0%
10
Uruguay
CAD 46,260
31.8%
11
Argentina
CAD 44,080
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 49,588
26.9%
1
South Africa
CAD 48,526
28.5%
2
Kenya
CAD 48,187
29.0%
3
Mozambique
CAD 47,170
30.5%
4
Nigeria
CAD 46,311
31.7%
5
Ghana
CAD 46,259
31.8%
6
Ivory Coast
CAD 44,975
33.7%
7
Morocco
CAD 44,252
34.8%
8
Cameroon
CAD 43,015
36.6%
9
Senegal
CAD 42,291
37.7%
10
Uganda
CAD 42,283
37.7%
11
Zambia
CAD 42,122
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 64,439
5.0%
1
Qatar
CAD 64,438
5.0%
2
Bahrain
CAD 62,404
8.0%
3
Oman
CAD 62,404
8.0%
4
Saudi Arabia
CAD 61,047
10.0%
5
Kuwait
CAD 60,369
11.0%
6
Israel
CAD 53,298
21.4%
7
Egypt
CAD 51,257
24.4%
8
Lebanon
CAD 51,136
24.6%
9
Turkey
CAD 39,772
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.