Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$79,388
Federal tax deduction
- $12,653
Provincial tax deduction
- $5,931
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $23,036
Net pay
* $56,352
Marginal tax rate
30.5%
Average tax rate
29.0%
71.0%
Net pay
29.0%
Total tax
Total tax
Net pay
The Taxberg
$56,352
Net pay
$4,834
Tax the employer pays
$23,036
Tax you pay
Total tax paid
$27,870
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $79,388. In other words, every time you spend $10 of your hard-earned money, $3.51 goes to the government.
Real tax rate
33.1%
So, with you and the employer both paying tax, what used to be a 29% tax rate now rises to 33.1%, meaning your real tax rate is actually 4.1% higher than what it seemed at first.
Summary
If you make $79,388 a year living in the region of Ontario, Canada, you will be taxed $23,036. That means that your net pay will be $56,352 per year, or $4,696 per month. Your average tax rate is 29.0% and your marginal tax rate is 30.5%. 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 $30.49, hence, your net pay will only increase by $69.51.
Bonus Example
A $1,000 bonus will generate an extra $695 of net incomes. A $5,000 bonus will generate an extra $3,476 of net incomes.
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 58,340
26.5%
1
British Columbia
CAD 57,532
27.5%
2
Northwest Territories
CAD 56,945
28.3%
3
Yukon
CAD 56,810
28.4%
4
Ontario
CAD 56,352
29.0%
5
Alberta
CAD 54,789
31.0%
6
Saskatchewan
CAD 53,762
32.3%
7
Newfoundland and Labrador
CAD 53,410
32.7%
8
New Brunswick
CAD 53,369
32.8%
9
Manitoba
CAD 53,082
33.1%
10
Quebec
CAD 53,091
33.1%
11
Prince Edward Island
CAD 52,595
33.7%
12
Nova Scotia
CAD 52,281
34.1%
13
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 61,755
22.2%
1
Canada
CAD 56,352
29.0%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 70,468
11.2%
1
Taiwan
CAD 67,754
14.7%
2
Thailand
CAD 64,686
18.5%
3
Kazakhstan
CAD 63,940
19.5%
4
South Korea
CAD 62,841
20.8%
5
Singapore
CAD 61,156
23.0%
6
Australia
CAD 60,707
23.5%
7
New Zealand
CAD 59,624
24.9%
8
Indonesia
CAD 58,845
25.9%
9
Japan
CAD 58,510
26.3%
10
Pakistan
CAD 57,834
27.2%
11
Malaysia
CAD 56,662
28.6%
12
China
CAD 56,063
29.4%
13
Philippines
CAD 55,886
29.6%
14
Vietnam
CAD 53,890
32.1%
15
India
CAD 48,318
39.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 71,347
10.1%
1
Chile
CAD 65,894
17.0%
2
Costa Rica
CAD 65,252
17.8%
3
Puerto Rico
CAD 64,348
19.0%
4
Panama
CAD 62,173
21.7%
5
Ecuador
CAD 61,725
22.3%
6
Colombia
CAD 59,108
25.6%
7
Peru
CAD 58,893
25.8%
8
Brazil
CAD 58,339
26.5%
9
Mexico
CAD 57,055
28.1%
10
Uruguay
CAD 55,452
30.2%
11
Argentina
CAD 51,593
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 57,996
27.0%
1
Kenya
CAD 56,277
29.1%
2
South Africa
CAD 55,345
30.3%
3
Mozambique
CAD 54,683
31.1%
4
Nigeria
CAD 54,173
31.8%
5
Ghana
CAD 53,905
32.1%
6
Ivory Coast
CAD 52,508
33.9%
7
Morocco
CAD 51,256
35.4%
8
Cameroon
CAD 50,052
37.0%
9
Senegal
CAD 49,226
38.0%
10
Zambia
CAD 49,230
38.0%
11
Uganda
CAD 48,640
38.7%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 75,419
5.0%
1
Qatar
CAD 75,419
5.0%
2
Bahrain
CAD 73,037
8.0%
3
Oman
CAD 73,037
8.0%
4
Saudi Arabia
CAD 71,449
10.0%
5
Kuwait
CAD 70,655
11.0%
6
Israel
CAD 60,782
23.4%
7
Egypt
CAD 59,926
24.5%
8
Lebanon
CAD 59,805
24.7%
9
Turkey
CAD 46,503
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.