Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$64,000
Federal tax deduction
- $9,507
Provincial tax deduction
- $4,091
CPP deduction
- $3,444
EI deduction
- $952
Total tax
- $17,994
Net pay
* $46,006
Marginal tax rate
34.0%
Average tax rate
28.1%
71.9%
Net pay
28.1%
Total tax
Total tax
Net pay
The Taxberg
$46,006
Net pay
$4,776
Tax the employer pays
$17,994
Tax you pay
Total tax paid
$22,770
Did you know your employer also pays tax on your salary? It costs the employer $4,776 to pay you $64,000. In other words, every time you spend $10 of your hard-earned money, $3.56 goes to the government.
Real tax rate
33.1%
So, with you and the employer both paying tax, what used to be a 28.1% tax rate now rises to 33.1%, meaning your real tax rate is actually 5% higher than what it seemed at first.
Summary
If you make $64,000 a year living in the region of Yukon, Canada, you will be taxed $17,994. That means that your net pay will be $46,006 per year, or $3,834 per month. Your average tax rate is 28.1% 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 $33.96, hence, your net pay will only increase by $66.04.
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.
Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 55,680
13.0%
1
Switzerland
CAD 54,596
14.7%
2
Hungary
CAD 52,160
18.5%
3
Ukraine
CAD 51,520
19.5%
4
United Kingdom
CAD 50,205
21.6%
5
Ireland
CAD 49,980
21.9%
6
France
CAD 49,529
22.6%
7
Czech Republic
CAD 49,163
23.2%
8
Norway
CAD 48,101
24.8%
9
Spain
CAD 46,725
27.0%
10
Luxembourg
CAD 45,853
28.4%
11
Sweden
CAD 45,081
29.6%
12
Austria
CAD 44,716
30.1%
13
Denmark
CAD 43,117
32.6%
14
Greece
CAD 42,446
33.7%
15
Germany
CAD 41,022
35.9%
16
Poland
CAD 40,681
36.4%
17
Netherlands
CAD 40,276
37.1%
18
Finland
CAD 38,770
39.4%
19
Italy
CAD 38,340
40.1%
20
Romania
CAD 37,440
41.5%
21
Portugal
CAD 37,023
42.2%
22
Belgium
CAD 31,385
51.0%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 50,668
20.8%
1
Canada
CAD 45,759
28.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 57,737
9.8%
1
Taiwan
CAD 55,682
13.0%
2
Thailand
CAD 53,145
17.0%
3
South Korea
CAD 51,761
19.1%
4
Kazakhstan
CAD 51,475
19.6%
5
Australia
CAD 50,628
20.9%
6
New Zealand
CAD 49,528
22.6%
7
Singapore
CAD 49,068
23.3%
8
Indonesia
CAD 48,397
24.4%
9
Pakistan
CAD 47,832
25.3%
10
Japan
CAD 47,567
25.7%
11
Malaysia
CAD 46,653
27.1%
12
Philippines
CAD 45,833
28.4%
13
Vietnam
CAD 43,909
31.4%
14
China
CAD 41,972
34.4%
15
India
CAD 39,578
38.2%
16
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Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 46,801
26.9%
1
South Africa
CAD 46,258
27.7%
2
Kenya
CAD 45,506
28.9%
3
Mozambique
CAD 44,681
30.2%
4
Ghana
CAD 43,725
31.7%
5
Nigeria
CAD 43,706
31.7%
6
Ivory Coast
CAD 42,603
33.4%
7
Morocco
CAD 41,931
34.5%
8
Cameroon
CAD 40,683
36.4%
9
Uganda
CAD 40,177
37.2%
10
Senegal
CAD 39,993
37.5%
11
Zambia
CAD 39,767
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 60,800
5.0%
1
Qatar
CAD 60,800
5.0%
2
Bahrain
CAD 58,880
8.0%
3
Oman
CAD 58,880
8.0%
4
Saudi Arabia
CAD 57,600
10.0%
5
Kuwait
CAD 56,960
11.0%
6
Israel
CAD 50,601
20.9%
7
Egypt
CAD 48,385
24.4%
8
Lebanon
CAD 48,264
24.6%
9
Turkey
CAD 37,541
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.