Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$71,908
Federal tax deduction
- $11,119
Provincial tax deduction
- $5,117
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $20,689
Net pay
* $51,219
Marginal tax rate
32.6%
Average tax rate
28.8%
71.2%
Net pay
28.8%
Total tax
Total tax
Net pay
The Taxberg
$51,219
Net pay
$4,834
Tax the employer pays
$20,689
Tax you pay
Total tax paid
$25,522
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $71,908. In other words, every time you spend $10 of your hard-earned money, $3.55 goes to the government.
Real tax rate
33.3%
So, with you and the employer both paying tax, what used to be a 28.8% tax rate now rises to 33.3%, meaning your real tax rate is actually 4.5% higher than what it seemed at first.
Summary
If you make $71,908 a year living in the region of Ontario, Canada, you will be taxed $20,689. That means that your net pay will be $51,219 per year, or $4,268 per month. Your average tax rate is 28.8% 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.
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 52,917
26.4%
1
British Columbia
CAD 52,162
27.5%
2
Northwest Territories
CAD 51,642
28.2%
3
Yukon
CAD 51,537
28.3%
4
Ontario
CAD 51,219
28.8%
5
Alberta
CAD 49,591
31.0%
6
Saskatchewan
CAD 48,750
32.2%
7
New Brunswick
CAD 48,531
32.5%
8
Newfoundland and Labrador
CAD 48,568
32.5%
9
Quebec
CAD 48,420
32.7%
10
Manitoba
CAD 48,310
32.8%
11
Prince Edward Island
CAD 47,898
33.4%
12
Nova Scotia
CAD 47,582
33.8%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 62,560
13.0%
1
Switzerland
CAD 60,578
15.8%
2
Hungary
CAD 58,605
18.5%
3
Ukraine
CAD 57,886
19.5%
4
United Kingdom
CAD 55,484
22.8%
5
Czech Republic
CAD 55,015
23.5%
6
France
CAD 54,534
24.2%
7
Ireland
CAD 54,053
24.8%
8
Norway
CAD 53,320
25.9%
9
Spain
CAD 51,423
28.5%
10
Luxembourg
CAD 49,587
31.0%
11
Sweden
CAD 49,268
31.5%
12
Austria
CAD 48,975
31.9%
13
Denmark
CAD 48,433
32.7%
14
Greece
CAD 46,550
35.3%
15
Netherlands
CAD 45,252
37.1%
16
Poland
CAD 45,232
37.1%
17
Germany
CAD 45,002
37.4%
18
Finland
CAD 42,677
40.7%
19
Romania
CAD 42,066
41.5%
20
Italy
CAD 42,037
41.5%
21
Portugal
CAD 40,503
43.7%
22
Belgium
CAD 34,563
51.9%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 56,507
21.4%
1
Canada
CAD 51,219
28.8%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 64,260
10.6%
1
Taiwan
CAD 61,886
13.9%
2
Thailand
CAD 59,076
17.8%
3
Kazakhstan
CAD 57,881
19.5%
4
South Korea
CAD 57,502
20.0%
5
Australia
CAD 55,808
22.4%
6
Singapore
CAD 54,847
23.7%
7
New Zealand
CAD 54,717
23.9%
8
Indonesia
CAD 53,767
25.2%
9
Japan
CAD 53,036
26.2%
10
Pakistan
CAD 52,972
26.3%
11
Malaysia
CAD 51,781
28.0%
12
Philippines
CAD 50,999
29.1%
13
Vietnam
CAD 49,028
31.8%
14
China
CAD 48,767
32.2%
15
India
CAD 44,070
38.7%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 64,727
10.0%
1
Costa Rica
CAD 59,593
17.1%
2
Chile
CAD 59,492
17.3%
3
Puerto Rico
CAD 59,310
17.5%
4
Panama
CAD 56,699
21.2%
5
Ecuador
CAD 56,455
21.5%
6
Colombia
CAD 54,489
24.2%
7
Peru
CAD 53,657
25.4%
8
Brazil
CAD 52,916
26.4%
9
Mexico
CAD 52,177
27.4%
10
Uruguay
CAD 48,736
32.2%
11
Argentina
CAD 46,731
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 52,554
26.9%
1
Kenya
CAD 51,041
29.0%
2
South Africa
CAD 50,932
29.2%
3
Mozambique
CAD 49,821
30.7%
4
Nigeria
CAD 49,085
31.7%
5
Ghana
CAD 48,957
31.9%
6
Ivory Coast
CAD 47,538
33.9%
7
Morocco
CAD 46,723
35.0%
8
Cameroon
CAD 45,498
36.7%
9
Senegal
CAD 44,738
37.8%
10
Zambia
CAD 44,630
37.9%
11
Uganda
CAD 44,526
38.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 68,313
5.0%
1
Qatar
CAD 68,313
5.0%
2
Bahrain
CAD 66,155
8.0%
3
Oman
CAD 66,155
8.0%
4
Saudi Arabia
CAD 64,717
10.0%
5
Kuwait
CAD 63,998
11.0%
6
Israel
CAD 56,113
22.0%
7
Egypt
CAD 54,316
24.5%
8
Lebanon
CAD 54,195
24.6%
9
Turkey
CAD 42,147
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.