Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$67,000
Federal tax deduction
- $10,113
Provincial tax deduction
- $4,358
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $18,923
Net pay
* $48,077
Marginal tax rate
29.5%
Average tax rate
28.2%
71.8%
Net pay
28.2%
Total tax
Total tax
Net pay
The Taxberg
$48,077
Net pay
$4,834
Tax the employer pays
$18,923
Tax you pay
Total tax paid
$23,757
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $67,000. In other words, every time you spend $10 of your hard-earned money, $3.55 goes to the government.
Real tax rate
33.1%
So, with you and the employer both paying tax, what used to be a 28.2% tax rate now rises to 33.1%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
Summary
If you make $67,000 a year living in the region of Yukon, Canada, you will be taxed $18,923. That means that your net pay will be $48,077 per year, or $4,006 per month. Your average tax rate is 28.2% and your marginal tax rate is 29.5%. 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 $29.50, hence, your net pay will only increase by $70.50.
Bonus Example
A $1,000 bonus will generate an extra $705 of net incomes. A $5,000 bonus will generate an extra $3,525 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 49,358
26.3%
1
British Columbia
CAD 48,638
27.4%
2
Northwest Territories
CAD 48,162
28.1%
3
Yukon
CAD 48,077
28.2%
4
Ontario
CAD 47,824
28.6%
5
Alberta
CAD 46,180
31.1%
6
Saskatchewan
CAD 45,462
32.1%
7
New Brunswick
CAD 45,357
32.3%
8
Newfoundland and Labrador
CAD 45,378
32.3%
9
Quebec
CAD 45,355
32.3%
10
Manitoba
CAD 45,044
32.8%
11
Prince Edward Island
CAD 44,816
33.1%
12
Nova Scotia
CAD 44,498
33.6%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 58,290
13.0%
1
Switzerland
CAD 56,867
15.1%
2
Hungary
CAD 54,605
18.5%
3
Ukraine
CAD 53,935
19.5%
4
United Kingdom
CAD 52,208
22.1%
5
Ireland
CAD 51,525
23.1%
6
France
CAD 51,428
23.2%
7
Czech Republic
CAD 51,383
23.3%
8
Norway
CAD 50,081
25.3%
9
Spain
CAD 48,492
27.6%
10
Luxembourg
CAD 47,329
29.4%
11
Sweden
CAD 46,814
30.1%
12
Austria
CAD 46,431
30.7%
13
Denmark
CAD 45,135
32.6%
14
Greece
CAD 44,083
34.2%
15
Germany
CAD 42,559
36.5%
16
Poland
CAD 42,407
36.7%
17
Netherlands
CAD 42,164
37.1%
18
Finland
CAD 40,289
39.9%
19
Italy
CAD 39,742
40.7%
20
Romania
CAD 39,195
41.5%
21
Portugal
CAD 38,343
42.8%
22
Belgium
CAD 32,616
51.3%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 52,888
21.1%
1
Canada
CAD 47,824
28.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 60,202
10.2%
1
Taiwan
CAD 58,035
13.4%
2
Thailand
CAD 55,395
17.3%
3
South Korea
CAD 53,999
19.4%
4
Kazakhstan
CAD 53,905
19.5%
5
Australia
CAD 52,593
21.5%
6
New Zealand
CAD 51,497
23.1%
7
Singapore
CAD 51,261
23.5%
8
Indonesia
CAD 50,434
24.7%
9
Pakistan
CAD 49,782
25.7%
10
Japan
CAD 49,611
26.0%
11
Malaysia
CAD 48,591
27.5%
12
Philippines
CAD 47,793
28.7%
13
Vietnam
CAD 45,838
31.6%
14
China
CAD 44,008
34.3%
15
India
CAD 41,282
38.4%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 60,383
9.9%
1
Puerto Rico
CAD 56,004
16.4%
2
Costa Rica
CAD 55,859
16.6%
3
Chile
CAD 55,263
17.5%
4
Ecuador
CAD 53,378
20.3%
5
Panama
CAD 52,986
20.9%
6
Colombia
CAD 51,345
23.4%
7
Peru
CAD 50,176
25.1%
8
Brazil
CAD 49,357
26.3%
9
Mexico
CAD 48,966
26.9%
10
Uruguay
CAD 45,756
31.7%
11
Argentina
CAD 43,540
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 48,984
26.9%
1
South Africa
CAD 48,036
28.3%
2
Kenya
CAD 47,606
29.0%
3
Mozambique
CAD 46,631
30.4%
4
Nigeria
CAD 45,747
31.7%
5
Ghana
CAD 45,710
31.8%
6
Ivory Coast
CAD 44,461
33.6%
7
Morocco
CAD 43,749
34.7%
8
Cameroon
CAD 42,510
36.6%
9
Uganda
CAD 41,827
37.6%
10
Senegal
CAD 41,793
37.6%
11
Zambia
CAD 41,612
37.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 63,650
5.0%
1
Qatar
CAD 63,650
5.0%
2
Bahrain
CAD 61,640
8.0%
3
Oman
CAD 61,640
8.0%
4
Saudi Arabia
CAD 60,300
10.0%
5
Kuwait
CAD 59,630
11.0%
6
Israel
CAD 52,624
21.5%
7
Lebanon
CAD 51,776
22.7%
8
Egypt
CAD 50,846
24.1%
9
Turkey
CAD 39,330
41.3%
10
Show more
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.