2023 Alberta Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$40,000.00
Salary
$40,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$7,605.17
Federal Tax
$3,164.10
Provincial Tax
$1,617.32
CPP Contributions
$2,171.75
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$652.00
Net Pay
$32,394.83
Marginal Tax Rate
23.23%
Average Tax Rate
11.95%
Comprehensive Deduction Rate
19.01%
Monthly Salary
Total Income
$3,333.33
Salary
$3,333.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$633.76
Federal Tax
$263.68
Provincial Tax
$134.78
CPP Contributions
$180.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$54.33
Net Pay
$2,699.57
Marginal Tax Rate
23.23%
Average Tax Rate
11.95%
Comprehensive Deduction Rate
19.01%
Biweekly Salary
Total Income
$1,538.46
Salary
$1,538.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$292.51
Federal Tax
$121.70
Provincial Tax
$62.20
CPP Contributions
$83.53
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$25.08
Net Pay
$1,245.96
Marginal Tax Rate
23.23%
Average Tax Rate
11.95%
Comprehensive Deduction Rate
19.01%
Weekly Salary
Total Income
$769.23
Salary
$769.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$146.25
Federal Tax
$60.85
Provincial Tax
$31.10
CPP Contributions
$41.76
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$12.54
Net Pay
$622.98
Marginal Tax Rate
23.23%
Average Tax Rate
11.95%
Comprehensive Deduction Rate
19.01%
Daily Salary
Total Income
$153.85
Salary
$153.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$29.25
Federal Tax
$12.17
Provincial Tax
$6.22
CPP Contributions
$8.35
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.51
Net Pay
$124.60
Marginal Tax Rate
23.23%
Average Tax Rate
11.95%
Comprehensive Deduction Rate
19.01%
Hourly Salary
Total Income
$20.51
Salary
$20.51
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3.90
Federal Tax
$1.62
Provincial Tax
$0.83
CPP Contributions
$1.11
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.33
Net Pay
$16.61
Marginal Tax Rate
23.23%
Average Tax Rate
11.95%
Comprehensive Deduction Rate
19.01%
Federal and Provincial/Territorial Tax Brackets
Your taxable income in the following tax brackets.
| Federal Tax Bracket | Federal Tax Rates |
|---|---|
| $53,359.00 or less | 15% |
| $53,359.00 - $106,716.99 | 20.5% |
| $106,717.00 - $165,429.99 | 26% |
| $165,430.00 - $235,674.99 | 29% |
| More than $235,675.00 | 33% |
| Alberta Tax Bracket | Alberta Tax Rates |
|---|---|
| $142,292.00 or less | 10% |
| $142,292.00 - $170,750.99 | 12% |
| $170,751.00 - $227,667.99 | 13% |
| $227,668.00 - $341,501.99 | 14% |
| More than $341,502.00 | 15% |
Income taxes on annual salaries
Annual Income Tax by Province/Territory
Total Income
$40,000.00
Total Deductions
$6,757.90
Net Pay
$33,242.10
Average Tax Rate
9.84%
Comprehensive Deduction Rate
16.89%
Total Income
$40,000.00
Total Deductions
$7,202.26
Net Pay
$32,797.74
Average Tax Rate
10.95%
Comprehensive Deduction Rate
18.01%
Total Income
$40,000.00
Total Deductions
$7,262.73
Net Pay
$32,737.27
Average Tax Rate
11.1%
Comprehensive Deduction Rate
18.16%
Total Income
$40,000.00
Total Deductions
$7,319.58
Net Pay
$32,680.42
Average Tax Rate
11.24%
Comprehensive Deduction Rate
18.3%
Total Income
$40,000.00
Total Deductions
$7,605.17
Net Pay
$32,394.83
Average Tax Rate
11.95%
Comprehensive Deduction Rate
19.01%
Total Income
$40,000.00
Total Deductions
$7,716.07
Net Pay
$32,283.93
Average Tax Rate
12.23%
Comprehensive Deduction Rate
19.29%
Total Income
$40,000.00
Total Deductions
$8,036.95
Net Pay
$31,963.05
Average Tax Rate
13.03%
Comprehensive Deduction Rate
20.09%
Total Income
$40,000.00
Total Deductions
$8,311.37
Net Pay
$31,688.63
Average Tax Rate
13.72%
Comprehensive Deduction Rate
20.78%
Total Income
$40,000.00
Total Deductions
$8,318.95
Net Pay
$31,681.05
Average Tax Rate
13.74%
Comprehensive Deduction Rate
20.8%
Total Income
$40,000.00
Total Deductions
$8,444.88
Net Pay
$31,555.12
Average Tax Rate
14.05%
Comprehensive Deduction Rate
21.11%
Total Income
$40,000.00
Total Deductions
$8,776.12
Net Pay
$31,223.88
Average Tax Rate
14.88%
Comprehensive Deduction Rate
21.94%
Total Income
$40,000.00
Total Deductions
$8,872.79
Net Pay
$31,127.21
Average Tax Rate
14.58%
Comprehensive Deduction Rate
22.18%
Total Income
$40,000.00
Total Deductions
$8,966.57
Net Pay
$31,033.43
Average Tax Rate
15.36%
Comprehensive Deduction Rate
22.42%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $40,000.00 | $6,757.90 | $33,242.10 | 9.84% | 16.89% |
| Northwest Territories | $40,000.00 | $7,202.26 | $32,797.74 | 10.95% | 18.01% |
| British Columbia | $40,000.00 | $7,262.73 | $32,737.27 | 11.1% | 18.16% |
| Yukon | $40,000.00 | $7,319.58 | $32,680.42 | 11.24% | 18.3% |
| Alberta | $40,000.00 | $7,605.17 | $32,394.83 | 11.95% | 19.01% |
| Ontario | $40,000.00 | $7,716.07 | $32,283.93 | 12.23% | 19.29% |
| Saskatchewan | $40,000.00 | $8,036.95 | $31,963.05 | 13.03% | 20.09% |
| New Brunswick | $40,000.00 | $8,311.37 | $31,688.63 | 13.72% | 20.78% |
| Newfoundland and Labrador | $40,000.00 | $8,318.95 | $31,681.05 | 13.74% | 20.8% |
| Manitoba | $40,000.00 | $8,444.88 | $31,555.12 | 14.05% | 21.11% |
| Prince Edward Island | $40,000.00 | $8,776.12 | $31,223.88 | 14.88% | 21.94% |
| Quebec | $40,000.00 | $8,872.79 | $31,127.21 | 14.58% | 22.18% |
| Nova Scotia | $40,000.00 | $8,966.57 | $31,033.43 | 15.36% | 22.42% |
This tool was designed for approximation purposes only and should not be used to replace legal or accounting authority. For the purpose of simplifying the process, a number of variables have been assumed to calculate the figures included on this page. The results of this calculator should not be relied upon for determining career and/or tax decisions.
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