Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$83,842
Federal tax deduction
- $13,566
Provincial tax deduction
- $6,414
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $24,432
Net pay
* $59,410
Marginal tax rate
31.5%
Average tax rate
29.1%
70.9%
Net pay
29.1%
Total tax
Total tax
Net pay
The Taxberg
$59,410
Net pay
$4,834
Tax the employer pays
$24,432
Tax you pay
Total tax paid
$29,266
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $83,842. 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 $83,842 a year living in the region of Ontario, Canada, you will be taxed $24,432. That means that your net pay will be $59,410 per year, or $4,951 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 61,569
26.6%
1
British Columbia
CAD 60,730
27.6%
2
Northwest Territories
CAD 60,103
28.3%
3
Yukon
CAD 59,950
28.5%
4
Ontario
CAD 59,410
29.1%
5
Alberta
CAD 57,885
31.0%
6
Saskatchewan
CAD 56,746
32.3%
7
New Brunswick
CAD 56,250
32.9%
8
Newfoundland and Labrador
CAD 56,252
32.9%
9
Manitoba
CAD 55,848
33.4%
10
Quebec
CAD 55,873
33.4%
11
Prince Edward Island
CAD 55,393
33.9%
12
Nova Scotia
CAD 55,080
34.3%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 72,943
13.0%
1
Switzerland
CAD 69,440
17.2%
2
Hungary
CAD 68,331
18.5%
3
Ukraine
CAD 67,493
19.5%
4
Czech Republic
CAD 63,846
23.9%
5
United Kingdom
CAD 63,450
24.3%
6
France
CAD 62,089
26.0%
7
Norway
CAD 60,958
27.3%
8
Ireland
CAD 60,199
28.2%
9
Spain
CAD 58,844
29.8%
10
Denmark
CAD 56,223
32.9%
11
Sweden
CAD 55,237
34.1%
12
Austria
CAD 55,161
34.2%
13
Luxembourg
CAD 55,060
34.3%
14
Netherlands
CAD 52,762
37.1%
15
Greece
CAD 52,338
37.6%
16
Poland
CAD 52,101
37.9%
17
Germany
CAD 50,808
39.4%
18
Romania
CAD 49,048
41.5%
19
Finland
CAD 48,307
42.4%
20
Italy
CAD 47,631
43.2%
21
Portugal
CAD 45,754
45.4%
22
Belgium
CAD 39,030
53.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 64,605
22.9%
1
Canada
CAD 59,410
29.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 74,165
11.5%
1
Taiwan
CAD 71,248
15.0%
2
Thailand
CAD 67,861
19.1%
3
Kazakhstan
CAD 67,547
19.4%
4
South Korea
CAD 66,019
21.3%
5
Singapore
CAD 65,281
22.1%
6
Australia
CAD 63,625
24.1%
7
New Zealand
CAD 62,547
25.4%
8
Indonesia
CAD 61,859
26.2%
9
Japan
CAD 61,740
26.4%
10
Pakistan
CAD 60,730
27.6%
11
Malaysia
CAD 59,550
29.0%
12
China
CAD 59,404
29.2%
13
Philippines
CAD 58,796
29.9%
14
Vietnam
CAD 56,785
32.3%
15
India
CAD 49,730
40.7%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 75,289
10.2%
1
Chile
CAD 69,326
17.3%
2
Costa Rica
CAD 68,567
18.2%
3
Puerto Rico
CAD 67,348
19.7%
4
Panama
CAD 65,236
22.2%
5
Ecuador
CAD 65,066
22.4%
6
Peru
CAD 62,011
26.0%
7
Colombia
CAD 61,979
26.1%
8
Brazil
CAD 61,568
26.6%
9
Uruguay
CAD 61,194
27.0%
10
Mexico
CAD 59,961
28.5%
11
Argentina
CAD 54,488
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 61,236
27.0%
1
Kenya
CAD 59,395
29.2%
2
South Africa
CAD 57,973
30.9%
3
Mozambique
CAD 57,578
31.3%
4
Nigeria
CAD 57,202
31.8%
5
Ghana
CAD 56,851
32.2%
6
Ivory Coast
CAD 55,547
33.8%
7
Morocco
CAD 53,955
35.7%
8
Cameroon
CAD 52,764
37.1%
9
Zambia
CAD 51,970
38.0%
10
Senegal
CAD 51,899
38.1%
11
Uganda
CAD 51,090
39.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 79,650
5.0%
1
Qatar
CAD 79,650
5.0%
2
Bahrain
CAD 77,135
8.0%
3
Oman
CAD 77,135
8.0%
4
Saudi Arabia
CAD 75,458
10.0%
5
Kuwait
CAD 74,671
10.9%
6
Israel
CAD 63,487
24.3%
7
Egypt
CAD 63,266
24.5%
8
Lebanon
CAD 63,145
24.7%
9
Turkey
CAD 49,097
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.