Canada vs Australia: what differs
Canada and Australia tax salaries differently. In Canada, the payslip deductions are Federal income tax, Ontario income tax, Ontario Health Premium, CPP, CPP2 and EI. In Australia, they're Income tax and Medicare levy. On this salary, Canada's effective tax rate works out to about 31.0% versus 26.9% in Australia — use the calculator to compare any salary or add more countries.
Canada vs Australia — FAQ
Do you pay more tax in Canada or Australia?
On a $140,000-equivalent salary, Canada has the higher effective tax rate (31.0% vs 26.9%), so you keep more of your pay in Australia. The gap shifts with income — try your own salary in the calculator above.
Is take-home pay higher in Canada or Australia?
Australia — about $102,272 versus $96,537 on a $140,000 salary (both shown in CAD).
What is deducted from salary in Canada and Australia?
Canada: Federal income tax, Ontario income tax, Ontario Health Premium, CPP, CPP2 and EI. Australia: Income tax and Medicare levy.