Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$70,720
Federal tax deduction
- $9,032
Provincial tax deduction
- $9,162
EI deduction
- $724
Quebec Pension Plan (QPP)
- $3,776
Quebec Parental Insurance Plan (QPIP)
- $349
Total tax
- $23,042
Net pay
* $47,678
Marginal tax rate
37.5%
Average tax rate
32.6%
67.4%
Net pay
32.6%
Total tax
Total tax
Net pay
The Taxberg
$47,678
Net pay
$5,278
Tax the employer pays
$23,042
Tax you pay
Total tax paid
$28,320
Did you know your employer also pays tax on your salary? It costs the employer $5,278 to pay you $70,720. In other words, every time you spend $10 of your hard-earned money, $4 goes to the government.
Real tax rate
37.3%
So, with you and the employer both paying tax, what used to be a 32.6% tax rate now rises to 37.3%, meaning your real tax rate is actually 4.7% higher than what it seemed at first.
Summary
If you make $70,720 a year living in the region of Quebec, Canada, you will be taxed $23,042. That means that your net pay will be $47,678 per year, or $3,973 per month. Your average tax rate is 32.6% and your marginal tax rate is 37.6%. 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 $37.55, hence, your net pay will only increase by $62.45.
Bonus Example
A $1,000 bonus will generate an extra $625 of net incomes. A $5,000 bonus will generate an extra $3,123 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 52,055
26.4%
1
British Columbia
CAD 51,309
27.4%
2
Northwest Territories
CAD 50,800
28.2%
3
Yukon
CAD 50,699
28.3%
4
Ontario
CAD 50,419
28.7%
5
Alberta
CAD 48,765
31.0%
6
Saskatchewan
CAD 47,954
32.2%
7
Newfoundland and Labrador
CAD 47,796
32.4%
8
New Brunswick
CAD 47,763
32.5%
9
Quebec
CAD 47,678
32.6%
10
Manitoba
CAD 47,523
32.8%
11
Prince Edward Island
CAD 47,152
33.3%
12
Nova Scotia
CAD 46,835
33.8%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 61,526
13.0%
1
Switzerland
CAD 59,684
15.6%
2
Hungary
CAD 57,637
18.5%
3
Ukraine
CAD 56,930
19.5%
4
United Kingdom
CAD 54,691
22.7%
5
Czech Republic
CAD 54,136
23.5%
6
France
CAD 53,782
24.0%
7
Ireland
CAD 53,441
24.4%
8
Norway
CAD 52,536
25.7%
9
Spain
CAD 50,714
28.3%
10
Luxembourg
CAD 49,041
30.7%
11
Sweden
CAD 48,674
31.2%
12
Austria
CAD 48,359
31.6%
13
Denmark
CAD 47,636
32.6%
14
Greece
CAD 45,953
35.0%
15
Poland
CAD 44,548
37.0%
16
Netherlands
CAD 44,504
37.1%
17
Germany
CAD 44,411
37.2%
18
Finland
CAD 42,099
40.5%
19
Italy
CAD 41,482
41.3%
20
Romania
CAD 41,371
41.5%
21
Portugal
CAD 39,980
43.5%
22
Belgium
CAD 34,092
51.8%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 55,635
21.3%
1
Canada
CAD 50,419
28.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 63,274
10.5%
1
Taiwan
CAD 60,954
13.8%
2
Thailand
CAD 58,185
17.7%
3
Kazakhstan
CAD 56,918
19.5%
4
South Korea
CAD 56,654
19.9%
5
Australia
CAD 55,030
22.2%
6
Singapore
CAD 53,979
23.7%
7
New Zealand
CAD 53,937
23.7%
8
Indonesia
CAD 52,960
25.1%
9
Pakistan
CAD 52,200
26.2%
10
Japan
CAD 52,170
26.2%
11
Malaysia
CAD 51,002
27.9%
12
Philippines
CAD 50,223
29.0%
13
Vietnam
CAD 48,256
31.8%
14
China
CAD 47,278
33.2%
15
India
CAD 43,395
38.6%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 63,675
10.0%
1
Costa Rica
CAD 58,689
17.0%
2
Puerto Rico
CAD 58,510
17.3%
3
Chile
CAD 58,465
17.3%
4
Panama
CAD 55,800
21.1%
5
Ecuador
CAD 55,648
21.3%
6
Colombia
CAD 53,738
24.0%
7
Peru
CAD 52,825
25.3%
8
Brazil
CAD 52,054
26.4%
9
Mexico
CAD 51,402
27.3%
10
Uruguay
CAD 48,015
32.1%
11
Argentina
CAD 45,958
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 51,690
26.9%
1
South Africa
CAD 50,231
29.0%
2
Kenya
CAD 50,210
29.0%
3
Mozambique
CAD 49,049
30.6%
4
Nigeria
CAD 48,277
31.7%
5
Ghana
CAD 48,171
31.9%
6
Ivory Coast
CAD 46,779
33.9%
7
Morocco
CAD 46,003
35.0%
8
Cameroon
CAD 44,775
36.7%
9
Senegal
CAD 44,025
37.8%
10
Zambia
CAD 43,900
37.9%
11
Uganda
CAD 43,873
38.0%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 67,184
5.0%
1
Qatar
CAD 67,184
5.0%
2
Bahrain
CAD 65,062
8.0%
3
Oman
CAD 65,062
8.0%
4
Saudi Arabia
CAD 63,648
10.0%
5
Kuwait
CAD 62,941
11.0%
6
Israel
CAD 55,332
21.8%
7
Egypt
CAD 53,425
24.5%
8
Lebanon
CAD 53,304
24.6%
9
Turkey
CAD 41,455
41.4%
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.