Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$90,144
Federal tax deduction
- $14,858
Provincial tax deduction
- $7,110
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $26,420
Net pay
* $63,724
Marginal tax rate
34.4%
Average tax rate
29.3%
70.7%
Net pay
29.3%
Total tax
Total tax
Net pay
The Taxberg
$63,724
Net pay
$4,834
Tax the employer pays
$26,420
Tax you pay
Total tax paid
$31,254
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $90,144. In other words, every time you spend $10 of your hard-earned money, $3.47 goes to the government.
Real tax rate
32.9%
So, with you and the employer both paying tax, what used to be a 29.3% tax rate now rises to 32.9%, meaning your real tax rate is actually 3.6% higher than what it seemed at first.
Summary
If you make $90,144 a year living in the region of Ontario, Canada, you will be taxed $26,420. That means that your net pay will be $63,724 per year, or $5,310 per month. Your average tax rate is 29.3% and your marginal tax rate is 34.4%. 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 $34.40, hence, your net pay will only increase by $65.60.
Bonus Example
A $1,000 bonus will generate an extra $656 of net incomes. A $5,000 bonus will generate an extra $3,280 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
CAD 68,637
23.9%
1
Canada
CAD 63,724
29.3%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 80,867
10.3%
1
Chile
CAD 74,179
17.7%
2
Costa Rica
CAD 73,079
18.9%
3
Puerto Rico
CAD 71,592
20.6%
4
Panama
CAD 69,443
23.0%
5
Ecuador
CAD 69,061
23.4%
6
Peru
CAD 66,199
26.6%
7
Brazil
CAD 66,137
26.6%
8
Colombia
CAD 66,098
26.7%
9
Uruguay
CAD 65,680
27.1%
10
Mexico
CAD 64,042
29.0%
11
Argentina
CAD 58,584
35.0%
12
Show more
NOTE* Withholding is calculated based on the Ontario 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.