Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$70,310
Federal tax deduction
- $10,792
Provincial tax deduction
- $4,923
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $20,167
Net pay
* $50,143
Marginal tax rate
32.7%
Average tax rate
28.7%
71.3%
Net pay
28.7%
Total tax
Total tax
Net pay
The Taxberg
$50,143
Net pay
$4,834
Tax the employer pays
$20,167
Tax you pay
Total tax paid
$25,001
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $70,310. 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 $70,310 a year living in the region of Ontario, Canada, you will be taxed $20,167. That means that your net pay will be $50,143 per year, or $4,179 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 51,758
26.4%
1
British Columbia
CAD 51,014
27.4%
2
Northwest Territories
CAD 50,509
28.2%
3
Yukon
CAD 50,410
28.3%
4
Ontario
CAD 50,143
28.7%
5
Alberta
CAD 48,480
31.0%
6
Saskatchewan
CAD 47,680
32.2%
7
New Brunswick
CAD 47,497
32.4%
8
Newfoundland and Labrador
CAD 47,529
32.4%
9
Quebec
CAD 47,422
32.6%
10
Manitoba
CAD 47,252
32.8%
11
Prince Edward Island
CAD 46,894
33.3%
12
Nova Scotia
CAD 46,578
33.8%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 61,170
13.0%
1
Switzerland
CAD 59,373
15.6%
2
Hungary
CAD 57,303
18.5%
3
Ukraine
CAD 56,600
19.5%
4
United Kingdom
CAD 54,417
22.6%
5
Czech Republic
CAD 53,833
23.4%
6
France
CAD 53,523
23.9%
7
Ireland
CAD 53,230
24.3%
8
Norway
CAD 52,265
25.7%
9
Spain
CAD 50,469
28.2%
10
Luxembourg
CAD 48,852
30.5%
11
Sweden
CAD 48,469
31.1%
12
Austria
CAD 48,147
31.5%
13
Denmark
CAD 47,361
32.6%
14
Greece
CAD 45,747
34.9%
15
Poland
CAD 44,312
37.0%
16
Netherlands
CAD 44,246
37.1%
17
Germany
CAD 44,207
37.1%
18
Finland
CAD 41,900
40.4%
19
Italy
CAD 41,290
41.3%
20
Romania
CAD 41,131
41.5%
21
Portugal
CAD 39,800
43.4%
22
Belgium
CAD 33,929
51.7%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 55,334
21.3%
1
Canada
CAD 50,143
28.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 62,934
10.5%
1
Taiwan
CAD 60,632
13.8%
2
Thailand
CAD 57,878
17.7%
3
Kazakhstan
CAD 56,586
19.5%
4
South Korea
CAD 56,362
19.8%
5
Australia
CAD 54,761
22.1%
6
Singapore
CAD 53,680
23.7%
7
New Zealand
CAD 53,668
23.7%
8
Indonesia
CAD 52,681
25.1%
9
Pakistan
CAD 51,934
26.1%
10
Japan
CAD 51,888
26.2%
11
Malaysia
CAD 50,733
27.8%
12
Philippines
CAD 49,955
29.0%
13
Vietnam
CAD 47,989
31.8%
14
China
CAD 46,764
33.5%
15
India
CAD 43,162
38.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 63,312
10.0%
1
Costa Rica
CAD 58,377
17.0%
2
Puerto Rico
CAD 58,234
17.2%
3
Chile
CAD 58,110
17.4%
4
Panama
CAD 55,490
21.1%
5
Ecuador
CAD 55,370
21.3%
6
Colombia
CAD 53,478
23.9%
7
Peru
CAD 52,538
25.3%
8
Brazil
CAD 51,757
26.4%
9
Mexico
CAD 51,134
27.3%
10
Uruguay
CAD 47,766
32.1%
11
Argentina
CAD 45,692
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 51,392
26.9%
1
South Africa
CAD 49,989
28.9%
2
Kenya
CAD 49,923
29.0%
3
Mozambique
CAD 48,782
30.6%
4
Nigeria
CAD 47,998
31.7%
5
Ghana
CAD 47,899
31.9%
6
Ivory Coast
CAD 46,516
33.8%
7
Morocco
CAD 45,755
34.9%
8
Cameroon
CAD 44,525
36.7%
9
Senegal
CAD 43,779
37.7%
10
Uganda
CAD 43,647
37.9%
11
Zambia
CAD 43,647
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 66,794
5.0%
1
Qatar
CAD 66,795
5.0%
2
Bahrain
CAD 64,685
8.0%
3
Oman
CAD 64,685
8.0%
4
Saudi Arabia
CAD 63,279
10.0%
5
Kuwait
CAD 62,576
11.0%
6
Israel
CAD 55,044
21.7%
7
Egypt
CAD 53,117
24.5%
8
Lebanon
CAD 52,996
24.6%
9
Turkey
CAD 41,216
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.