Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$42,500
Federal tax deduction
- $4,771
Provincial tax deduction
- $3,768
EI deduction
- $510
Quebec Pension Plan (QPP)
- $2,399
Quebec Parental Insurance Plan (QPIP)
- $210
Total tax
- $11,658
Net pay
* $30,842
Marginal tax rate
34.4%
Average tax rate
27.4%
72.6%
Net pay
27.4%
Total tax
Total tax
Net pay
The Taxberg
$30,842
Net pay
$3,406
Tax the employer pays
$11,658
Tax you pay
Total tax paid
$15,065
Did you know your employer also pays tax on your salary? It costs the employer $3,406 to pay you $42,500. In other words, every time you spend $10 of your hard-earned money, $3.54 goes to the government.
Real tax rate
32.8%
So, with you and the employer both paying tax, what used to be a 27.4% tax rate now rises to 32.8%, meaning your real tax rate is actually 5.4% higher than what it seemed at first.
Summary
If you make $42,500 a year living in the region of Quebec, Canada, you will be taxed $11,658. That means that your net pay will be $30,842 per year, or $2,570 per month. Your average tax rate is 27.4% and your marginal tax rate is 34.4%. 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 $34.39, hence, your net pay will only increase by $65.61.
Bonus Example
A $1,000 bonus will generate an extra $656 of net incomes. A $5,000 bonus will generate an extra $3,281 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 32,274
24.1%
1
British Columbia
CAD 31,828
25.1%
2
Northwest Territories
CAD 31,521
25.8%
3
Ontario
CAD 31,408
26.1%
4
Yukon
CAD 31,405
26.1%
5
Quebec
CAD 30,842
27.4%
6
Newfoundland and Labrador
CAD 30,218
28.9%
7
New Brunswick
CAD 30,132
29.1%
8
Alberta
CAD 29,897
29.7%
9
Saskatchewan
CAD 29,699
30.1%
10
Nova Scotia
CAD 29,581
30.4%
11
Prince Edward Island
CAD 29,555
30.5%
12
Manitoba
CAD 29,423
30.8%
13
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Europe
Country 
Net pay
Average tax
Rank
Switzerland
CAD 37,702
11.3%
1
Russia
CAD 36,975
13.0%
2
Ireland
CAD 36,489
14.1%
3
United Kingdom
CAD 35,854
15.6%
4
France
CAD 35,647
16.1%
5
Hungary
CAD 34,638
18.5%
6
Ukraine
CAD 34,212
19.5%
7
Norway
CAD 33,911
20.2%
8
Luxembourg
CAD 33,643
20.8%
9
Czech Republic
CAD 33,253
21.8%
10
Spain
CAD 33,037
22.3%
11
Austria
CAD 32,623
23.2%
12
Sweden
CAD 30,278
28.8%
13
Greece
CAD 29,988
29.4%
14
Germany
CAD 29,539
30.5%
15
Italy
CAD 29,064
31.6%
16
Poland
CAD 28,874
32.1%
17
Denmark
CAD 28,564
32.8%
18
Finland
CAD 27,677
34.9%
19
Netherlands
CAD 26,745
37.1%
20
Portugal
CAD 26,575
37.5%
21
Romania
CAD 24,862
41.5%
22
Belgium
CAD 23,549
44.6%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 34,760
18.2%
1
Canada
CAD 31,408
26.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 39,729
6.5%
1
Taiwan
CAD 37,882
10.9%
2
Thailand
CAD 37,020
12.9%
3
Australia
CAD 36,546
14.0%
4
South Korea
CAD 35,266
17.0%
5
New Zealand
CAD 34,954
17.8%
6
Kazakhstan
CAD 34,060
19.9%
7
Indonesia
CAD 33,650
20.8%
8
Pakistan
CAD 33,414
21.4%
9
Singapore
CAD 33,379
21.5%
10
Japan
CAD 32,916
22.6%
11
Malaysia
CAD 32,671
23.1%
12
Philippines
CAD 31,704
25.4%
13
Vietnam
CAD 30,492
28.3%
14
China
CAD 28,642
32.6%
15
India
CAD 27,366
35.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 38,425
9.6%
1
Puerto Rico
CAD 37,268
12.3%
2
Costa Rica
CAD 37,053
12.8%
3
Ecuador
CAD 35,916
15.5%
4
Panama
CAD 34,452
18.9%
5
Colombia
CAD 34,422
19.0%
6
Chile
CAD 33,967
20.1%
7
Mexico
CAD 32,515
23.5%
8
Peru
CAD 32,399
23.8%
9
Brazil
CAD 31,595
25.7%
10
Uruguay
CAD 30,700
27.8%
11
Argentina
CAD 27,615
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 32,956
22.5%
1
Angola
CAD 31,160
26.7%
2
Mozambique
CAD 30,706
27.8%
3
Kenya
CAD 30,456
28.3%
4
Ghana
CAD 29,503
30.6%
5
Ivory Coast
CAD 29,287
31.1%
6
Nigeria
CAD 29,082
31.6%
7
Morocco
CAD 28,902
32.0%
8
Uganda
CAD 28,035
34.0%
9
Cameroon
CAD 27,593
35.1%
10
Senegal
CAD 27,093
36.3%
11
Zambia
CAD 26,544
37.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 40,375
5.0%
1
Qatar
CAD 40,375
5.0%
2
Bahrain
CAD 39,100
8.0%
3
Oman
CAD 39,100
8.0%
4
Saudi Arabia
CAD 38,250
10.0%
5
Kuwait
CAD 37,825
11.0%
6
Israel
CAD 35,381
16.8%
7
Egypt
CAD 32,260
24.1%
8
Lebanon
CAD 32,139
24.4%
9
Turkey
CAD 25,019
41.1%
10
Show more
NOTE* Withholding is calculated based on the Quebec 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.