Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$67,911
Federal tax deduction
- $10,300
Provincial tax deduction
- $4,694
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $19,446
Net pay
* $48,465
Marginal tax rate
29.7%
Average tax rate
28.6%
71.4%
Net pay
28.6%
Total tax
Total tax
Net pay
The Taxberg
$48,465
Net pay
$4,834
Tax the employer pays
$19,446
Tax you pay
Total tax paid
$24,280
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $67,911. 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 $67,911 a year living in the region of Ontario, Canada, you will be taxed $19,446. That means that your net pay will be $48,465 per year, or $4,039 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.
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 50,019
26.3%
1
British Columbia
CAD 49,292
27.4%
2
Northwest Territories
CAD 48,808
28.1%
3
Yukon
CAD 48,719
28.3%
4
Ontario
CAD 48,465
28.6%
5
Alberta
CAD 46,813
31.1%
6
Saskatchewan
CAD 46,072
32.2%
7
New Brunswick
CAD 45,946
32.3%
8
Newfoundland and Labrador
CAD 45,970
32.3%
9
Quebec
CAD 45,924
32.4%
10
Manitoba
CAD 45,652
32.8%
11
Prince Edward Island
CAD 45,388
33.2%
12
Nova Scotia
CAD 45,070
33.6%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 59,083
13.0%
1
Switzerland
CAD 57,557
15.3%
2
Hungary
CAD 55,347
18.5%
3
Ukraine
CAD 54,668
19.5%
4
United Kingdom
CAD 52,816
22.2%
5
Czech Republic
CAD 52,057
23.3%
6
France
CAD 52,004
23.4%
7
Ireland
CAD 51,994
23.4%
8
Norway
CAD 50,682
25.4%
9
Spain
CAD 49,036
27.8%
10
Luxembourg
CAD 47,748
29.7%
11
Sweden
CAD 47,269
30.4%
12
Austria
CAD 46,903
30.9%
13
Denmark
CAD 45,748
32.6%
14
Greece
CAD 44,541
34.4%
15
Germany
CAD 43,012
36.7%
16
Poland
CAD 42,932
36.8%
17
Netherlands
CAD 42,737
37.1%
18
Finland
CAD 40,733
40.0%
19
Italy
CAD 40,168
40.9%
20
Romania
CAD 39,728
41.5%
21
Portugal
CAD 38,744
43.0%
22
Belgium
CAD 32,978
51.4%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 53,562
21.1%
1
Canada
CAD 48,465
28.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 60,951
10.3%
1
Taiwan
CAD 58,750
13.5%
2
Thailand
CAD 56,079
17.4%
3
South Korea
CAD 54,650
19.5%
4
Kazakhstan
CAD 54,643
19.5%
5
Australia
CAD 53,190
21.7%
6
New Zealand
CAD 52,094
23.3%
7
Singapore
CAD 51,926
23.5%
8
Indonesia
CAD 51,053
24.8%
9
Pakistan
CAD 50,374
25.8%
10
Japan
CAD 50,236
26.0%
11
Malaysia
CAD 49,179
27.6%
12
Philippines
CAD 48,388
28.8%
13
Vietnam
CAD 46,430
31.6%
14
China
CAD 44,636
34.3%
15
India
CAD 41,799
38.5%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 61,189
9.9%
1
Puerto Rico
CAD 56,618
16.6%
2
Costa Rica
CAD 56,552
16.7%
3
Chile
CAD 56,047
17.5%
4
Ecuador
CAD 53,914
20.6%
5
Panama
CAD 53,675
21.0%
6
Colombia
CAD 51,949
23.5%
7
Peru
CAD 50,827
25.2%
8
Brazil
CAD 50,018
26.4%
9
Mexico
CAD 49,570
27.0%
10
Uruguay
CAD 46,309
31.8%
11
Argentina
CAD 44,132
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 49,647
26.9%
1
South Africa
CAD 48,574
28.5%
2
Kenya
CAD 48,243
29.0%
3
Mozambique
CAD 47,223
30.5%
4
Nigeria
CAD 46,366
31.7%
5
Ghana
CAD 46,313
31.8%
6
Ivory Coast
CAD 45,025
33.7%
7
Morocco
CAD 44,301
34.8%
8
Cameroon
CAD 43,064
36.6%
9
Senegal
CAD 42,340
37.7%
10
Uganda
CAD 42,328
37.7%
11
Zambia
CAD 42,172
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 64,515
5.0%
1
Qatar
CAD 64,515
5.0%
2
Bahrain
CAD 62,478
8.0%
3
Oman
CAD 62,478
8.0%
4
Saudi Arabia
CAD 61,120
10.0%
5
Kuwait
CAD 60,441
11.0%
6
Israel
CAD 53,355
21.4%
7
Egypt
CAD 51,318
24.4%
8
Lebanon
CAD 51,197
24.6%
9
Turkey
CAD 39,819
41.4%
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.