Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$83,500
Federal tax deduction
- $13,496
Provincial tax deduction
- $6,376
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $24,324
Net pay
* $59,176
Marginal tax rate
31.5%
Average tax rate
29.1%
70.9%
Net pay
29.1%
Total tax
Total tax
Net pay
The Taxberg
$59,176
Net pay
$4,834
Tax the employer pays
$24,324
Tax you pay
Total tax paid
$29,158
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $83,500. In other words, every time you spend $10 of your hard-earned money, $3.49 goes to the government.
Real tax rate
33.0%
So, with you and the employer both paying tax, what used to be a 29.1% tax rate now rises to 33.0%, meaning your real tax rate is actually 3.9% higher than what it seemed at first.
Summary
If you make $83,500 a year living in the region of Ontario, Canada, you will be taxed $24,324. That means that your net pay will be $59,176 per year, or $4,931 per month. Your average tax rate is 29.1% and your marginal tax rate is 31.5%. 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 $31.48, hence, your net pay will only increase by $68.52.
Bonus Example
A $1,000 bonus will generate an extra $685 of net incomes. A $5,000 bonus will generate an extra $3,426 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 61,321
26.6%
1
British Columbia
CAD 60,485
27.6%
2
Northwest Territories
CAD 59,861
28.3%
3
Yukon
CAD 59,709
28.5%
4
Ontario
CAD 59,176
29.1%
5
Alberta
CAD 57,647
31.0%
6
Saskatchewan
CAD 56,517
32.3%
7
New Brunswick
CAD 56,029
32.9%
8
Newfoundland and Labrador
CAD 56,034
32.9%
9
Quebec
CAD 55,659
33.3%
10
Manitoba
CAD 55,636
33.4%
11
Prince Edward Island
CAD 55,178
33.9%
12
Nova Scotia
CAD 54,865
34.3%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 72,645
13.0%
1
Switzerland
CAD 69,191
17.1%
2
Hungary
CAD 68,052
18.5%
3
Ukraine
CAD 67,217
19.5%
4
Czech Republic
CAD 63,593
23.8%
5
United Kingdom
CAD 63,222
24.3%
6
France
CAD 61,872
25.9%
7
Norway
CAD 60,765
27.2%
8
Ireland
CAD 60,022
28.1%
9
Spain
CAD 58,630
29.8%
10
Denmark
CAD 56,002
32.9%
11
Sweden
CAD 55,066
34.1%
12
Austria
CAD 54,984
34.2%
13
Luxembourg
CAD 54,904
34.3%
14
Netherlands
CAD 52,547
37.1%
15
Greece
CAD 52,174
37.5%
16
Poland
CAD 51,904
37.8%
17
Germany
CAD 50,641
39.4%
18
Romania
CAD 48,847
41.5%
19
Finland
CAD 48,147
42.3%
20
Italy
CAD 47,469
43.2%
21
Portugal
CAD 45,603
45.4%
22
Belgium
CAD 38,904
53.4%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 64,386
22.9%
1
Canada
CAD 59,176
29.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 73,881
11.5%
1
Taiwan
CAD 70,979
15.0%
2
Thailand
CAD 67,619
19.0%
3
Kazakhstan
CAD 67,270
19.4%
4
South Korea
CAD 65,775
21.2%
5
Singapore
CAD 64,978
22.2%
6
Australia
CAD 63,401
24.1%
7
New Zealand
CAD 62,322
25.4%
8
Indonesia
CAD 61,627
26.2%
9
Japan
CAD 61,492
26.4%
10
Pakistan
CAD 60,507
27.5%
11
Malaysia
CAD 59,328
29.0%
12
China
CAD 59,147
29.2%
13
Philippines
CAD 58,573
29.9%
14
Vietnam
CAD 56,563
32.3%
15
India
CAD 49,637
40.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 74,987
10.2%
1
Chile
CAD 69,063
17.3%
2
Costa Rica
CAD 68,322
18.2%
3
Puerto Rico
CAD 67,117
19.6%
4
Panama
CAD 65,004
22.2%
5
Ecuador
CAD 64,818
22.4%
6
Peru
CAD 61,771
26.0%
7
Colombia
CAD 61,755
26.0%
8
Brazil
CAD 61,320
26.6%
9
Uruguay
CAD 60,951
27.0%
10
Mexico
CAD 59,737
28.5%
11
Argentina
CAD 54,265
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 60,988
27.0%
1
Kenya
CAD 59,156
29.2%
2
South Africa
CAD 57,772
30.8%
3
Mozambique
CAD 57,356
31.3%
4
Nigeria
CAD 56,970
31.8%
5
Ghana
CAD 56,625
32.2%
6
Ivory Coast
CAD 55,314
33.8%
7
Morocco
CAD 53,748
35.6%
8
Cameroon
CAD 52,556
37.1%
9
Zambia
CAD 51,759
38.0%
10
Senegal
CAD 51,693
38.1%
11
Uganda
CAD 50,902
39.0%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 79,325
5.0%
1
Qatar
CAD 79,325
5.0%
2
Bahrain
CAD 76,820
8.0%
3
Oman
CAD 76,820
8.0%
4
Saudi Arabia
CAD 75,150
10.0%
5
Kuwait
CAD 74,358
11.0%
6
Israel
CAD 63,279
24.2%
7
Egypt
CAD 63,010
24.5%
8
Lebanon
CAD 62,889
24.7%
9
Turkey
CAD 48,898
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.