2024 Alberta Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$245,700.00
Salary
$245,700.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$83,421.36
Federal Tax
$53,669.49
Provincial Tax
$24,647.25
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$162,278.64
Marginal Tax Rate
43%
Average Tax Rate
31.87%
Comprehensive Deduction Rate
33.95%
Monthly Salary
Total Income
$20,475.00
Salary
$20,475.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$6,951.78
Federal Tax
$4,472.46
Provincial Tax
$2,053.94
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$13,523.22
Marginal Tax Rate
43%
Average Tax Rate
31.87%
Comprehensive Deduction Rate
33.95%
Biweekly Salary
Total Income
$9,450.00
Salary
$9,450.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$3,208.51
Federal Tax
$2,064.21
Provincial Tax
$947.97
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$6,241.49
Marginal Tax Rate
43%
Average Tax Rate
31.87%
Comprehensive Deduction Rate
33.95%
Weekly Salary
Total Income
$4,725.00
Salary
$4,725.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,604.26
Federal Tax
$1,032.11
Provincial Tax
$473.99
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$3,120.74
Marginal Tax Rate
43%
Average Tax Rate
31.87%
Comprehensive Deduction Rate
33.95%
Daily Salary
Total Income
$945.00
Salary
$945.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$320.85
Federal Tax
$206.42
Provincial Tax
$94.80
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$624.15
Marginal Tax Rate
43%
Average Tax Rate
31.87%
Comprehensive Deduction Rate
33.95%
Hourly Salary
Total Income
$126.00
Salary
$126.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$42.78
Federal Tax
$27.52
Provincial Tax
$12.64
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$83.22
Marginal Tax Rate
43%
Average Tax Rate
31.87%
Comprehensive Deduction Rate
33.95%
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
$245,700.00
Total Deductions
$78,041.83
Net Pay
$167,658.17
Average Tax Rate
29.69%
Comprehensive Deduction Rate
31.76%
Total Income
$245,700.00
Total Deductions
$81,975.92
Net Pay
$163,724.08
Average Tax Rate
31.29%
Comprehensive Deduction Rate
33.36%
Total Income
$245,700.00
Total Deductions
$83,421.36
Net Pay
$162,278.64
Average Tax Rate
31.87%
Comprehensive Deduction Rate
33.95%
Total Income
$245,700.00
Total Deductions
$83,954.25
Net Pay
$161,745.75
Average Tax Rate
32.09%
Comprehensive Deduction Rate
34.17%
Total Income
$245,700.00
Total Deductions
$86,241.86
Net Pay
$159,458.14
Average Tax Rate
33.02%
Comprehensive Deduction Rate
35.1%
Total Income
$245,700.00
Total Deductions
$87,975.53
Net Pay
$157,724.47
Average Tax Rate
33.73%
Comprehensive Deduction Rate
35.81%
Total Income
$245,700.00
Total Deductions
$92,829.98
Net Pay
$152,870.02
Average Tax Rate
35.7%
Comprehensive Deduction Rate
37.78%
Total Income
$245,700.00
Total Deductions
$93,773.80
Net Pay
$151,926.20
Average Tax Rate
36.09%
Comprehensive Deduction Rate
38.17%
Total Income
$245,700.00
Total Deductions
$94,266.93
Net Pay
$151,433.07
Average Tax Rate
36.29%
Comprehensive Deduction Rate
38.37%
Total Income
$245,700.00
Total Deductions
$95,062.17
Net Pay
$150,637.83
Average Tax Rate
36.61%
Comprehensive Deduction Rate
38.69%
Total Income
$245,700.00
Total Deductions
$97,374.51
Net Pay
$148,325.49
Average Tax Rate
37.55%
Comprehensive Deduction Rate
39.63%
Total Income
$245,700.00
Total Deductions
$100,371.25
Net Pay
$145,328.75
Average Tax Rate
38.77%
Comprehensive Deduction Rate
40.85%
Total Income
$245,700.00
Total Deductions
$100,670.61
Net Pay
$145,029.39
Average Tax Rate
38.67%
Comprehensive Deduction Rate
40.97%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $245,700.00 | $78,041.83 | $167,658.17 | 29.69% | 31.76% |
| Yukon | $245,700.00 | $81,975.92 | $163,724.08 | 31.29% | 33.36% |
| Alberta | $245,700.00 | $83,421.36 | $162,278.64 | 31.87% | 33.95% |
| Northwest Territories | $245,700.00 | $83,954.25 | $161,745.75 | 32.09% | 34.17% |
| British Columbia | $245,700.00 | $86,241.86 | $159,458.14 | 33.02% | 35.1% |
| Saskatchewan | $245,700.00 | $87,975.53 | $157,724.47 | 33.73% | 35.81% |
| Ontario | $245,700.00 | $92,829.98 | $152,870.02 | 35.7% | 37.78% |
| Manitoba | $245,700.00 | $93,773.80 | $151,926.20 | 36.09% | 38.17% |
| New Brunswick | $245,700.00 | $94,266.93 | $151,433.07 | 36.29% | 38.37% |
| Newfoundland and Labrador | $245,700.00 | $95,062.17 | $150,637.83 | 36.61% | 38.69% |
| Prince Edward Island | $245,700.00 | $97,374.51 | $148,325.49 | 37.55% | 39.63% |
| Nova Scotia | $245,700.00 | $100,371.25 | $145,328.75 | 38.77% | 40.85% |
| Quebec | $245,700.00 | $100,670.61 | $145,029.39 | 38.67% | 40.97% |
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.