2024 Alberta Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$224,991.00
Salary
$224,991.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$74,638.58
Federal Tax
$47,663.88
Provincial Tax
$21,870.08
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$150,352.42
Marginal Tax Rate
42%
Average Tax Rate
30.91%
Comprehensive Deduction Rate
33.17%
Monthly Salary
Total Income
$18,749.25
Salary
$18,749.25
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$6,219.88
Federal Tax
$3,971.99
Provincial Tax
$1,822.51
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$12,529.37
Marginal Tax Rate
42%
Average Tax Rate
30.91%
Comprehensive Deduction Rate
33.17%
Biweekly Salary
Total Income
$8,653.50
Salary
$8,653.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,870.71
Federal Tax
$1,833.23
Provincial Tax
$841.16
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$5,782.79
Marginal Tax Rate
42%
Average Tax Rate
30.91%
Comprehensive Deduction Rate
33.17%
Weekly Salary
Total Income
$4,326.75
Salary
$4,326.75
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,435.36
Federal Tax
$916.61
Provincial Tax
$420.58
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$2,891.39
Marginal Tax Rate
42%
Average Tax Rate
30.91%
Comprehensive Deduction Rate
33.17%
Daily Salary
Total Income
$865.35
Salary
$865.35
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$287.07
Federal Tax
$183.32
Provincial Tax
$84.12
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$578.28
Marginal Tax Rate
42%
Average Tax Rate
30.91%
Comprehensive Deduction Rate
33.17%
Hourly Salary
Total Income
$115.38
Salary
$115.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$38.28
Federal Tax
$24.44
Provincial Tax
$11.22
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$77.10
Marginal Tax Rate
42%
Average Tax Rate
30.91%
Comprehensive Deduction Rate
33.17%
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% |
Income taxes on hourly wages
Annual Income Tax by Province/Territory
Total Income
$224,991.00
Total Deductions
$69,654.69
Net Pay
$155,336.31
Average Tax Rate
28.69%
Comprehensive Deduction Rate
30.96%
Total Income
$224,991.00
Total Deductions
$73,319.56
Net Pay
$151,671.44
Average Tax Rate
30.32%
Comprehensive Deduction Rate
32.59%
Total Income
$224,991.00
Total Deductions
$74,638.58
Net Pay
$150,352.42
Average Tax Rate
30.91%
Comprehensive Deduction Rate
33.17%
Total Income
$224,991.00
Total Deductions
$75,039.03
Net Pay
$149,951.97
Average Tax Rate
31.08%
Comprehensive Deduction Rate
33.35%
Total Income
$224,991.00
Total Deductions
$76,757.14
Net Pay
$148,233.86
Average Tax Rate
31.85%
Comprehensive Deduction Rate
34.12%
Total Income
$224,991.00
Total Deductions
$78,967.12
Net Pay
$146,023.88
Average Tax Rate
32.83%
Comprehensive Deduction Rate
35.1%
Total Income
$224,991.00
Total Deductions
$82,572.90
Net Pay
$142,418.10
Average Tax Rate
34.43%
Comprehensive Deduction Rate
36.7%
Total Income
$224,991.00
Total Deductions
$84,164.82
Net Pay
$140,826.18
Average Tax Rate
35.14%
Comprehensive Deduction Rate
37.41%
Total Income
$224,991.00
Total Deductions
$84,223.07
Net Pay
$140,767.93
Average Tax Rate
35.17%
Comprehensive Deduction Rate
37.43%
Total Income
$224,991.00
Total Deductions
$84,956.18
Net Pay
$140,034.82
Average Tax Rate
35.49%
Comprehensive Deduction Rate
37.76%
Total Income
$224,991.00
Total Deductions
$87,485.96
Net Pay
$137,505.04
Average Tax Rate
36.62%
Comprehensive Deduction Rate
38.88%
Total Income
$224,991.00
Total Deductions
$90,016.75
Net Pay
$134,974.25
Average Tax Rate
37.74%
Comprehensive Deduction Rate
40.01%
Total Income
$224,991.00
Total Deductions
$90,323.36
Net Pay
$134,667.64
Average Tax Rate
37.64%
Comprehensive Deduction Rate
40.15%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $224,991.00 | $69,654.69 | $155,336.31 | 28.69% | 30.96% |
| Yukon | $224,991.00 | $73,319.56 | $151,671.44 | 30.32% | 32.59% |
| Alberta | $224,991.00 | $74,638.58 | $150,352.42 | 30.91% | 33.17% |
| Northwest Territories | $224,991.00 | $75,039.03 | $149,951.97 | 31.08% | 33.35% |
| British Columbia | $224,991.00 | $76,757.14 | $148,233.86 | 31.85% | 34.12% |
| Saskatchewan | $224,991.00 | $78,967.12 | $146,023.88 | 32.83% | 35.1% |
| Ontario | $224,991.00 | $82,572.90 | $142,418.10 | 34.43% | 36.7% |
| Manitoba | $224,991.00 | $84,164.82 | $140,826.18 | 35.14% | 37.41% |
| New Brunswick | $224,991.00 | $84,223.07 | $140,767.93 | 35.17% | 37.43% |
| Newfoundland and Labrador | $224,991.00 | $84,956.18 | $140,034.82 | 35.49% | 37.76% |
| Prince Edward Island | $224,991.00 | $87,485.96 | $137,505.04 | 36.62% | 38.88% |
| Nova Scotia | $224,991.00 | $90,016.75 | $134,974.25 | 37.74% | 40.01% |
| Quebec | $224,991.00 | $90,323.36 | $134,667.64 | 37.64% | 40.15% |
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.