Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$60,164
Federal tax deduction
- $8,753
Provincial tax deduction
- $3,760
CPP deduction
- $3,230
EI deduction
- $948
Total tax
- $16,691
Net pay
* $43,473
Marginal tax rate
34.0%
Average tax rate
27.7%
72.3%
Net pay
27.7%
Total tax
Total tax
Net pay
Summary
If you make $60,164 a year living in the region of Yukon, Canada, you will be taxed $16,691. That means that your net pay will be $43,473 per year, or $3,623 per month. Your average tax rate is 27.7% and your marginal tax rate is 34.0%. 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 $33.97, hence, your net pay will only increase by $66.03.
Bonus Example
A $1,000 bonus will generate an extra $660 of net incomes. A $5,000 bonus will generate an extra $3,302 of net incomes.
Compare average tax
Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 52,343
13.0%
1
Switzerland
CAD 51,643
14.2%
2
Hungary
CAD 49,034
18.5%
3
Ukraine
CAD 48,432
19.5%
4
Ireland
CAD 48,004
20.2%
5
United Kingdom
CAD 47,645
20.8%
6
France
CAD 47,100
21.7%
7
Czech Republic
CAD 46,325
23.0%
8
Norway
CAD 45,569
24.3%
9
Spain
CAD 44,469
26.1%
10
Luxembourg
CAD 43,955
26.9%
11
Austria
CAD 42,505
29.4%
12
Sweden
CAD 42,483
29.4%
13
Denmark
CAD 40,536
32.6%
14
Greece
CAD 40,337
33.0%
15
Germany
CAD 39,052
35.1%
16
Poland
CAD 38,558
35.9%
17
Netherlands
CAD 37,861
37.1%
18
Finland
CAD 36,820
38.8%
19
Italy
CAD 36,546
39.3%
20
Portugal
CAD 35,335
41.3%
21
Romania
CAD 35,196
41.5%
22
Belgium
CAD 29,806
50.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 47,830
20.5%
1
Canada
CAD 43,234
28.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 54,616
9.2%
1
Taiwan
CAD 52,673
12.5%
2
Thailand
CAD 50,268
16.5%
3
South Korea
CAD 48,823
18.9%
4
Kazakhstan
CAD 48,368
19.6%
5
Australia
CAD 48,116
20.0%
6
New Zealand
CAD 47,012
21.9%
7
Singapore
CAD 46,271
23.1%
8
Indonesia
CAD 45,792
23.9%
9
Pakistan
CAD 45,328
24.7%
10
Japan
CAD 44,953
25.3%
11
Malaysia
CAD 44,143
26.6%
12
Philippines
CAD 43,327
28.0%
13
Vietnam
CAD 41,526
31.0%
14
China
CAD 39,594
34.2%
15
India
CAD 37,399
37.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 54,332
9.7%
1
Puerto Rico
CAD 51,108
15.1%
2
Costa Rica
CAD 50,658
15.8%
3
Chile
CAD 49,371
17.9%
4
Ecuador
CAD 48,996
18.6%
5
Panama
CAD 47,814
20.5%
6
Colombia
CAD 46,786
22.2%
7
Peru
CAD 45,227
24.8%
8
Brazil
CAD 44,401
26.2%
9
Mexico
CAD 44,390
26.2%
10
Uruguay
CAD 41,605
30.9%
11
Argentina
CAD 39,097
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 44,011
26.9%
1
South Africa
CAD 43,943
27.0%
2
Kenya
CAD 42,821
28.8%
3
Mozambique
CAD 42,187
29.9%
4
Ghana
CAD 41,188
31.5%
5
Nigeria
CAD 41,097
31.7%
6
Ivory Coast
CAD 40,227
33.1%
7
Morocco
CAD 39,606
34.2%
8
Cameroon
CAD 38,348
36.3%
9
Uganda
CAD 38,067
36.7%
10
Senegal
CAD 37,692
37.4%
11
Zambia
CAD 37,408
37.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 57,156
5.0%
1
Qatar
CAD 57,156
5.0%
2
Bahrain
CAD 55,351
8.0%
3
Oman
CAD 55,351
8.0%
4
Saudi Arabia
CAD 54,148
10.0%
5
Kuwait
CAD 53,546
11.0%
6
Israel
CAD 47,901
20.4%
7
Egypt
CAD 45,508
24.4%
8
Lebanon
CAD 45,387
24.6%
9
Turkey
CAD 35,307
41.3%
10
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NOTE* Withholding is calculated based on the Yukon 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.