2024 Alberta Income Tax Calculator

Calculate your take-home pay after tax.

Yearly Salary
Total Income $123,999.96
Salary $123,999.96
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $34,723.35
Federal Tax $19,852.48
Provincial Tax $9,766.25
CPP Contributions $4,055.50
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $1,049.12

Net Pay $89,276.61

Marginal Tax Rate 36%
Average Tax Rate 23.89%
Comprehensive Deduction Rate 28%
Monthly Salary
Total Income $10,333.33
Salary $10,333.33
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $2,893.61
Federal Tax $1,654.37
Provincial Tax $813.85
CPP Contributions $337.96
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $87.43

Net Pay $7,439.72

Marginal Tax Rate 36%
Average Tax Rate 23.89%
Comprehensive Deduction Rate 28%
Biweekly Salary
Total Income $4,769.23
Salary $4,769.23
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $1,335.51
Federal Tax $763.56
Provincial Tax $375.63
CPP Contributions $155.98
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $40.35

Net Pay $3,433.72

Marginal Tax Rate 36%
Average Tax Rate 23.89%
Comprehensive Deduction Rate 28%
Weekly Salary
Total Income $2,384.61
Salary $2,384.61
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $667.76
Federal Tax $381.78
Provincial Tax $187.81
CPP Contributions $77.99
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $20.18

Net Pay $1,716.86

Marginal Tax Rate 36%
Average Tax Rate 23.89%
Comprehensive Deduction Rate 28%
Daily Salary
Total Income $476.92
Salary $476.92
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $133.55
Federal Tax $76.36
Provincial Tax $37.56
CPP Contributions $15.60
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $4.04

Net Pay $343.37

Marginal Tax Rate 36%
Average Tax Rate 23.89%
Comprehensive Deduction Rate 28%
Hourly Salary
Total Income $63.59
Salary $63.59
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $17.81
Federal Tax $10.18
Provincial Tax $5.01
CPP Contributions $2.08
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $0.54

Net Pay $45.78

Marginal Tax Rate 36%
Average Tax Rate 23.89%
Comprehensive Deduction Rate 28%

Federal and Provincial/Territorial Tax Brackets

Your taxable income in the following tax brackets.
Federal Tax Bracket Federal Tax Rates
$55,867.00 or less 15%
$55,867.00 - $111,732.99 20.5%
$111,733.00 - $173,204.99 26%
$173,205.00 - $246,751.99 29%
More than $246,752.00 33%
Alberta Tax Bracket Alberta Tax Rates
$148,269.00 or less 10%
$148,269.00 - $177,921.99 12%
$177,922.00 - $237,229.99 13%
$237,230.00 - $355,844.99 14%
More than $355,845.00 15%

Annual Income Tax by Province/Territory

Total Income $123,999.96
Total Deductions $31,459.32
Net Pay $92,540.64
Average Tax Rate 21.25%
Comprehensive Deduction Rate 25.37%
Total Income $123,999.96
Total Deductions $33,414.85
Net Pay $90,585.11
Average Tax Rate 22.83%
Comprehensive Deduction Rate 26.95%
Total Income $123,999.96
Total Deductions $33,516.31
Net Pay $90,483.65
Average Tax Rate 22.91%
Comprehensive Deduction Rate 27.03%
Total Income $123,999.96
Total Deductions $33,788.39
Net Pay $90,211.57
Average Tax Rate 23.13%
Comprehensive Deduction Rate 27.25%
Total Income $123,999.96
Total Deductions $34,723.35
Net Pay $89,276.61
Average Tax Rate 23.89%
Comprehensive Deduction Rate 28%
Total Income $123,999.96
Total Deductions $35,781.64
Net Pay $88,218.32
Average Tax Rate 24.74%
Comprehensive Deduction Rate 28.86%
Total Income $123,999.96
Total Deductions $37,007.02
Net Pay $86,992.94
Average Tax Rate 25.73%
Comprehensive Deduction Rate 29.84%
Total Income $123,999.96
Total Deductions $38,780.98
Net Pay $85,218.98
Average Tax Rate 27.16%
Comprehensive Deduction Rate 31.27%
Total Income $123,999.96
Total Deductions $38,856.41
Net Pay $85,143.55
Average Tax Rate 27.22%
Comprehensive Deduction Rate 31.34%
Total Income $123,999.96
Total Deductions $39,591.55
Net Pay $84,408.41
Average Tax Rate 27.81%
Comprehensive Deduction Rate 31.93%
Total Income $123,999.96
Total Deductions $40,858.74
Net Pay $83,141.22
Average Tax Rate 28.83%
Comprehensive Deduction Rate 32.95%
Total Income $123,999.96
Total Deductions $41,152.26
Net Pay $82,847.70
Average Tax Rate 28.63%
Comprehensive Deduction Rate 33.19%
Total Income $123,999.96
Total Deductions $41,907.23
Net Pay $82,092.73
Average Tax Rate 29.68%
Comprehensive Deduction Rate 33.8%
Region Total Income Total Deductions Net Pay Average Tax Rate Comprehensive Deduction Rate
Nunavut $123,999.96 $31,459.32 $92,540.64 21.25% 25.37%
British Columbia $123,999.96 $33,414.85 $90,585.11 22.83% 26.95%
Yukon $123,999.96 $33,516.31 $90,483.65 22.91% 27.03%
Northwest Territories $123,999.96 $33,788.39 $90,211.57 23.13% 27.25%
Alberta $123,999.96 $34,723.35 $89,276.61 23.89% 28%
Ontario $123,999.96 $35,781.64 $88,218.32 24.74% 28.86%
Saskatchewan $123,999.96 $37,007.02 $86,992.94 25.73% 29.84%
Manitoba $123,999.96 $38,780.98 $85,218.98 27.16% 31.27%
New Brunswick $123,999.96 $38,856.41 $85,143.55 27.22% 31.34%
Newfoundland and Labrador $123,999.96 $39,591.55 $84,408.41 27.81% 31.93%
Prince Edward Island $123,999.96 $40,858.74 $83,141.22 28.83% 32.95%
Quebec $123,999.96 $41,152.26 $82,847.70 28.63% 33.19%
Nova Scotia $123,999.96 $41,907.23 $82,092.73 29.68% 33.8%
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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