Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$72,109
Federal tax deduction
- $11,160
Provincial tax deduction
- $5,141
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $20,754
Net pay
* $51,355
Marginal tax rate
32.7%
Average tax rate
28.8%
71.2%
Net pay
28.8%
Total tax
Total tax
Net pay
The Taxberg
$51,355
Net pay
$4,834
Tax the employer pays
$20,754
Tax you pay
Total tax paid
$25,588
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $72,109. 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 $72,109 a year living in the region of Ontario, Canada, you will be taxed $20,754. That means that your net pay will be $51,355 per year, or $4,280 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.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 53,063
26.4%
1
British Columbia
CAD 52,306
27.5%
2
Northwest Territories
CAD 51,784
28.2%
3
Yukon
CAD 51,679
28.3%
4
Ontario
CAD 51,355
28.8%
5
Alberta
CAD 49,730
31.0%
6
Saskatchewan
CAD 48,885
32.2%
7
New Brunswick
CAD 48,661
32.5%
8
Newfoundland and Labrador
CAD 48,699
32.5%
9
Quebec
CAD 48,545
32.7%
10
Manitoba
CAD 48,443
32.8%
11
Prince Edward Island
CAD 48,024
33.4%
12
Nova Scotia
CAD 47,708
33.8%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 62,735
13.0%
1
Switzerland
CAD 60,729
15.8%
2
Hungary
CAD 58,769
18.5%
3
Ukraine
CAD 58,048
19.5%
4
United Kingdom
CAD 55,618
22.9%
5
Czech Republic
CAD 55,164
23.5%
6
France
CAD 54,662
24.2%
7
Ireland
CAD 54,156
24.9%
8
Norway
CAD 53,453
25.9%
9
Spain
CAD 51,543
28.5%
10
Luxembourg
CAD 49,680
31.1%
11
Sweden
CAD 49,369
31.5%
12
Austria
CAD 49,079
31.9%
13
Denmark
CAD 48,568
32.7%
14
Greece
CAD 46,651
35.3%
15
Netherlands
CAD 45,378
37.1%
16
Poland
CAD 45,348
37.1%
17
Germany
CAD 45,102
37.5%
18
Finland
CAD 42,775
40.7%
19
Romania
CAD 42,184
41.5%
20
Italy
CAD 42,131
41.6%
21
Portugal
CAD 40,591
43.7%
22
Belgium
CAD 34,643
52.0%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 56,655
21.4%
1
Canada
CAD 51,355
28.8%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 64,427
10.7%
1
Taiwan
CAD 62,043
14.0%
2
Thailand
CAD 59,227
17.9%
3
Kazakhstan
CAD 58,044
19.5%
4
South Korea
CAD 57,646
20.1%
5
Australia
CAD 55,940
22.4%
6
Singapore
CAD 54,994
23.7%
7
New Zealand
CAD 54,849
23.9%
8
Indonesia
CAD 53,903
25.3%
9
Japan
CAD 53,185
26.2%
10
Pakistan
CAD 53,103
26.4%
11
Malaysia
CAD 51,913
28.0%
12
Philippines
CAD 51,131
29.1%
13
Vietnam
CAD 49,159
31.8%
14
China
CAD 49,019
32.0%
15
India
CAD 44,184
38.7%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 64,905
10.0%
1
Costa Rica
CAD 59,745
17.2%
2
Chile
CAD 59,666
17.3%
3
Puerto Rico
CAD 59,445
17.6%
4
Panama
CAD 56,851
21.2%
5
Ecuador
CAD 56,592
21.5%
6
Colombia
CAD 54,617
24.3%
7
Peru
CAD 53,798
25.4%
8
Brazil
CAD 53,061
26.4%
9
Mexico
CAD 52,308
27.5%
10
Uruguay
CAD 48,858
32.2%
11
Argentina
CAD 46,861
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 52,701
26.9%
1
Kenya
CAD 51,182
29.0%
2
South Africa
CAD 51,051
29.2%
3
Mozambique
CAD 49,951
30.7%
4
Nigeria
CAD 49,222
31.7%
5
Ghana
CAD 49,090
31.9%
6
Ivory Coast
CAD 47,667
33.9%
7
Morocco
CAD 46,845
35.0%
8
Cameroon
CAD 45,620
36.7%
9
Senegal
CAD 44,859
37.8%
10
Zambia
CAD 44,754
37.9%
11
Uganda
CAD 44,637
38.1%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 68,504
5.0%
1
Qatar
CAD 68,504
5.0%
2
Bahrain
CAD 66,340
8.0%
3
Oman
CAD 66,340
8.0%
4
Saudi Arabia
CAD 64,898
10.0%
5
Kuwait
CAD 64,177
11.0%
6
Israel
CAD 56,245
22.0%
7
Egypt
CAD 54,467
24.5%
8
Lebanon
CAD 54,345
24.6%
9
Turkey
CAD 42,264
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.