Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$70,000
Federal tax deduction
- $10,728
Provincial tax deduction
- $4,885
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $20,066
Net pay
* $49,934
Marginal tax rate
32.7%
Average tax rate
28.7%
71.3%
Net pay
28.7%
Total tax
Total tax
Net pay
The Taxberg
$49,934
Net pay
$4,834
Tax the employer pays
$20,066
Tax you pay
Total tax paid
$24,899
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $70,000. In other words, every time you spend $10 of your hard-earned money, $3.56 goes to the government.
Real tax rate
33.3%
So, with you and the employer both paying tax, what used to be a 28.7% tax rate now rises to 33.3%, meaning your real tax rate is actually 4.6% higher than what it seemed at first.
Summary
If you make $70,000 a year living in the region of Ontario, Canada, you will be taxed $20,066. That means that your net pay will be $49,934 per year, or $4,161 per month. Your average tax rate is 28.7% and your marginal tax rate is 32.7%. 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 $32.65, hence, your net pay will only increase by $67.35.
Bonus Example
A $1,000 bonus will generate an extra $674 of net incomes. A $5,000 bonus will generate an extra $3,368 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 51,533
26.4%
1
British Columbia
CAD 50,792
27.4%
2
Northwest Territories
CAD 50,289
28.2%
3
Yukon
CAD 50,192
28.3%
4
Ontario
CAD 49,934
28.7%
5
Alberta
CAD 48,265
31.1%
6
Saskatchewan
CAD 47,472
32.2%
7
New Brunswick
CAD 47,297
32.4%
8
Newfoundland and Labrador
CAD 47,328
32.4%
9
Quebec
CAD 47,228
32.5%
10
Manitoba
CAD 47,046
32.8%
11
Prince Edward Island
CAD 46,700
33.3%
12
Nova Scotia
CAD 46,383
33.7%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 60,900
13.0%
1
Switzerland
CAD 59,138
15.5%
2
Hungary
CAD 57,050
18.5%
3
Ukraine
CAD 56,350
19.5%
4
United Kingdom
CAD 54,210
22.6%
5
Czech Republic
CAD 53,603
23.4%
6
France
CAD 53,327
23.8%
7
Ireland
CAD 53,070
24.2%
8
Norway
CAD 52,061
25.6%
9
Spain
CAD 50,284
28.2%
10
Luxembourg
CAD 48,709
30.4%
11
Sweden
CAD 48,314
31.0%
12
Austria
CAD 47,986
31.5%
13
Denmark
CAD 47,153
32.6%
14
Greece
CAD 45,591
34.9%
15
Poland
CAD 44,134
37.0%
16
Germany
CAD 44,052
37.1%
17
Netherlands
CAD 44,051
37.1%
18
Finland
CAD 41,749
40.4%
19
Italy
CAD 41,145
41.2%
20
Romania
CAD 40,950
41.5%
21
Portugal
CAD 39,663
43.3%
22
Belgium
CAD 33,806
51.7%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 55,106
21.3%
1
Canada
CAD 49,934
28.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 62,676
10.5%
1
Taiwan
CAD 60,389
13.7%
2
Thailand
CAD 57,645
17.7%
3
Kazakhstan
CAD 56,335
19.5%
4
South Korea
CAD 56,141
19.8%
5
Australia
CAD 54,558
22.1%
6
New Zealand
CAD 53,465
23.6%
7
Singapore
CAD 53,453
23.6%
8
Indonesia
CAD 52,471
25.0%
9
Pakistan
CAD 51,732
26.1%
10
Japan
CAD 51,674
26.2%
11
Malaysia
CAD 50,530
27.8%
12
Philippines
CAD 49,753
28.9%
13
Vietnam
CAD 47,788
31.7%
14
China
CAD 46,375
33.8%
15
India
CAD 42,986
38.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 63,038
10.0%
1
Costa Rica
CAD 58,141
16.9%
2
Puerto Rico
CAD 58,025
17.1%
3
Chile
CAD 57,844
17.4%
4
Panama
CAD 55,255
21.1%
5
Ecuador
CAD 55,159
21.2%
6
Colombia
CAD 53,282
23.9%
7
Peru
CAD 52,321
25.3%
8
Brazil
CAD 51,532
26.4%
9
Mexico
CAD 50,932
27.2%
10
Uruguay
CAD 47,578
32.0%
11
Argentina
CAD 45,490
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 51,166
26.9%
1
South Africa
CAD 49,807
28.9%
2
Kenya
CAD 49,706
29.0%
3
Mozambique
CAD 48,581
30.6%
4
Nigeria
CAD 47,787
31.7%
5
Ghana
CAD 47,694
31.9%
6
Ivory Coast
CAD 46,319
33.8%
7
Morocco
CAD 45,567
34.9%
8
Cameroon
CAD 44,336
36.7%
9
Senegal
CAD 43,593
37.7%
10
Uganda
CAD 43,477
37.9%
11
Zambia
CAD 43,457
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 66,500
5.0%
1
Qatar
CAD 66,500
5.0%
2
Bahrain
CAD 64,400
8.0%
3
Oman
CAD 64,400
8.0%
4
Saudi Arabia
CAD 63,000
10.0%
5
Kuwait
CAD 62,300
11.0%
6
Israel
CAD 54,825
21.7%
7
Egypt
CAD 52,885
24.5%
8
Lebanon
CAD 52,764
24.6%
9
Turkey
CAD 41,036
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.