Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$88,998
Federal tax deduction
- $12,150
Provincial tax deduction
- $12,817
EI deduction
- $724
Quebec Pension Plan (QPP)
- $3,776
Quebec Parental Insurance Plan (QPIP)
- $432
Total tax
- $29,899
Net pay
* $59,099
Marginal tax rate
37.4%
Average tax rate
33.6%
66.4%
Net pay
33.6%
Total tax
Total tax
Net pay
The Taxberg
$59,099
Net pay
$5,394
Tax the employer pays
$29,899
Tax you pay
Total tax paid
$35,292
Did you know your employer also pays tax on your salary? It costs the employer $5,394 to pay you $88,998. In other words, every time you spend $10 of your hard-earned money, $3.97 goes to the government.
Real tax rate
37.4%
So, with you and the employer both paying tax, what used to be a 33.6% tax rate now rises to 37.4%, meaning your real tax rate is actually 3.8% higher than what it seemed at first.
Summary
If you make $88,998 a year living in the region of Quebec, Canada, you will be taxed $29,899. That means that your net pay will be $59,099 per year, or $4,925 per month. Your average tax rate is 33.6% and your marginal tax rate is 37.4%. 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 $37.38, hence, your net pay will only increase by $62.62.
Bonus Example
A $1,000 bonus will generate an extra $626 of net incomes. A $5,000 bonus will generate an extra $3,131 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 65,307
26.6%
1
British Columbia
CAD 64,346
27.7%
2
Northwest Territories
CAD 63,759
28.4%
3
Yukon
CAD 63,585
28.6%
4
Ontario
CAD 62,943
29.3%
5
Alberta
CAD 61,468
30.9%
6
Saskatchewan
CAD 60,201
32.4%
7
New Brunswick
CAD 59,582
33.1%
8
Newfoundland and Labrador
CAD 59,536
33.1%
9
Quebec
CAD 59,099
33.6%
10
Manitoba
CAD 59,050
33.7%
11
Prince Edward Island
CAD 58,630
34.1%
12
Nova Scotia
CAD 58,319
34.5%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 77,428
13.0%
1
Switzerland
CAD 73,175
17.8%
2
Hungary
CAD 72,533
18.5%
3
Ukraine
CAD 71,643
19.5%
4
Czech Republic
CAD 67,662
24.0%
5
United Kingdom
CAD 66,892
24.8%
6
France
CAD 65,352
26.6%
7
Norway
CAD 63,877
28.2%
8
Ireland
CAD 62,854
29.4%
9
Spain
CAD 62,072
30.3%
10
Denmark
CAD 59,546
33.1%
11
Austria
CAD 57,834
35.0%
12
Sweden
CAD 57,815
35.0%
13
Luxembourg
CAD 57,422
35.5%
14
Netherlands
CAD 56,006
37.1%
15
Poland
CAD 55,068
38.1%
16
Greece
CAD 54,818
38.4%
17
Germany
CAD 53,328
40.1%
18
Romania
CAD 52,064
41.5%
19
Finland
CAD 50,721
43.0%
20
Italy
CAD 50,074
43.7%
21
Portugal
CAD 48,022
46.0%
22
Belgium
CAD 40,933
54.0%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 67,904
23.7%
1
Canada
CAD 62,943
29.3%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 78,445
11.9%
1
Taiwan
CAD 75,293
15.4%
2
Kazakhstan
CAD 71,724
19.4%
3
Thailand
CAD 71,474
19.7%
4
Singapore
CAD 69,844
21.5%
5
South Korea
CAD 69,699
21.7%
6
Australia
CAD 67,002
24.7%
7
New Zealand
CAD 65,930
25.9%
8
Japan
CAD 65,479
26.4%
9
Indonesia
CAD 65,344
26.6%
10
Pakistan
CAD 64,081
28.0%
11
China
CAD 63,271
28.9%
12
Malaysia
CAD 62,879
29.4%
13
Philippines
CAD 62,165
30.2%
14
Vietnam
CAD 60,137
32.4%
15
India
CAD 51,323
42.3%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 79,853
10.3%
1
Chile
CAD 73,297
17.6%
2
Costa Rica
CAD 72,258
18.8%
3
Puerto Rico
CAD 70,820
20.4%
4
Panama
CAD 68,678
22.8%
5
Ecuador
CAD 68,334
23.2%
6
Peru
CAD 65,497
26.4%
7
Colombia
CAD 65,345
26.6%
8
Brazil
CAD 65,306
26.6%
9
Uruguay
CAD 64,864
27.1%
10
Mexico
CAD 63,301
28.9%
11
Argentina
CAD 57,839
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 64,987
27.0%
1
Kenya
CAD 63,004
29.2%
2
South Africa
CAD 61,015
31.4%
3
Mozambique
CAD 60,929
31.5%
4
Nigeria
CAD 60,710
31.8%
5
Ghana
CAD 60,262
32.3%
6
Ivory Coast
CAD 59,065
33.6%
7
Morocco
CAD 57,079
35.9%
8
Cameroon
CAD 55,903
37.2%
9
Zambia
CAD 55,141
38.0%
10
Senegal
CAD 54,992
38.2%
11
Uganda
CAD 53,926
39.4%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 84,548
5.0%
1
Qatar
CAD 84,548
5.0%
2
Bahrain
CAD 81,878
8.0%
3
Oman
CAD 81,878
8.0%
4
Saudi Arabia
CAD 80,098
10.0%
5
Kuwait
CAD 79,389
10.8%
6
Egypt
CAD 67,133
24.6%
7
Lebanon
CAD 67,012
24.7%
8
Israel
CAD 66,617
25.2%
9
Turkey
CAD 52,100
41.5%
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.