Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$67,090
Federal tax deduction
- $10,132
Provincial tax deduction
- $4,366
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $18,950
Net pay
* $48,140
Marginal tax rate
29.5%
Average tax rate
28.2%
71.8%
Net pay
28.2%
Total tax
Total tax
Net pay
The Taxberg
$48,140
Net pay
$4,834
Tax the employer pays
$18,950
Tax you pay
Total tax paid
$23,783
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $67,090. 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 $67,090 a year living in the region of Yukon, Canada, you will be taxed $18,950. That means that your net pay will be $48,140 per year, or $4,012 per month. Your average tax rate is 28.3% 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 49,424
26.3%
1
British Columbia
CAD 48,702
27.4%
2
Northwest Territories
CAD 48,226
28.1%
3
Yukon
CAD 48,140
28.2%
4
Ontario
CAD 47,887
28.6%
5
Alberta
CAD 46,242
31.1%
6
Saskatchewan
CAD 45,522
32.1%
7
New Brunswick
CAD 45,415
32.3%
8
Newfoundland and Labrador
CAD 45,436
32.3%
9
Quebec
CAD 45,411
32.3%
10
Manitoba
CAD 45,104
32.8%
11
Prince Edward Island
CAD 44,872
33.1%
12
Nova Scotia
CAD 44,554
33.6%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 52,954
21.1%
1
Canada
CAD 47,887
28.6%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 60,462
9.9%
1
Puerto Rico
CAD 56,065
16.4%
2
Costa Rica
CAD 55,927
16.6%
3
Chile
CAD 55,341
17.5%
4
Ecuador
CAD 53,431
20.4%
5
Panama
CAD 53,054
20.9%
6
Colombia
CAD 51,405
23.4%
7
Peru
CAD 50,240
25.1%
8
Brazil
CAD 49,423
26.3%
9
Mexico
CAD 49,026
26.9%
10
Uruguay
CAD 45,811
31.7%
11
Argentina
CAD 43,599
35.0%
12
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.