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2024 Alberta Income Tax Calculator

Calculate your take-home pay after tax.

Your Results

Yearly Salary
Total Income $248,000.00
Salary $248,000.00
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $84,460.36
Federal Tax $54,386.49
Provincial Tax $24,969.25
CPP Contributions $4,055.50
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $1,049.12
Net Pay $163,539.64
Marginal Tax Rate 47%
Average Tax Rate 32%
Comprehensive Deduction Rate 34.06%
$248,000.00 a year is how much per hour?
What is the minimum wage in Alberta in 2024?
Monthly Salary
Total Income $20,666.67
Salary $20,666.67
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $7,038.36
Federal Tax $4,532.21
Provincial Tax $2,080.77
CPP Contributions $337.96
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $87.43
Net Pay $13,628.30
Marginal Tax Rate 47%
Average Tax Rate 32%
Comprehensive Deduction Rate 34.06%
$20,666.67 a month is how much per year?
What is the minimum wage in Alberta in 2024?
Biweekly Salary
Total Income $9,538.46
Salary $9,538.46
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $3,248.48
Federal Tax $2,091.79
Provincial Tax $960.36
CPP Contributions $155.98
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $40.35
Net Pay $6,289.99
Marginal Tax Rate 47%
Average Tax Rate 32%
Comprehensive Deduction Rate 34.06%
$9,538.46 per two weeks is how much per year?
What is the minimum wage in Alberta in 2024?
Weekly 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 $1,624.24
Federal Tax $1,045.89
Provincial Tax $480.18
CPP Contributions $77.99
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $20.18
Net Pay $3,144.99
Marginal Tax Rate 47%
Average Tax Rate 32%
Comprehensive Deduction Rate 34.06%
$4,769.23 a week is how much per year?
What is the minimum wage in Alberta in 2024?
Daily Salary
Total Income $953.85
Salary $953.85
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $324.85
Federal Tax $209.18
Provincial Tax $96.04
CPP Contributions $15.60
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $4.04
Net Pay $629.00
Marginal Tax Rate 47%
Average Tax Rate 32%
Comprehensive Deduction Rate 34.06%
$953.85 a day is how much per year?
What is the minimum wage in Alberta in 2024?
Hourly Salary
Total Income $127.18
Salary $127.18
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $43.31
Federal Tax $27.89
Provincial Tax $12.80
CPP Contributions $2.08
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $0.54
Net Pay $83.87
Marginal Tax Rate 47%
Average Tax Rate 32%
Comprehensive Deduction Rate 34.06%
$127.18 an hour is how much per year?
What is the minimum wage in Alberta in 2024?

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 $248,000.00
Total Deductions $79,023.33
Net Pay $168,976.67
Average Tax Rate 29.81%
Comprehensive Deduction Rate 31.86%
Total Income $248,000.00
Total Deductions $82,987.32
Net Pay $165,012.68
Average Tax Rate 31.4%
Comprehensive Deduction Rate 33.46%
Total Income $248,000.00
Total Deductions $84,460.36
Net Pay $163,539.64
Average Tax Rate 32%
Comprehensive Deduction Rate 34.06%
Total Income $248,000.00
Total Deductions $84,994.40
Net Pay $163,005.60
Average Tax Rate 32.21%
Comprehensive Deduction Rate 34.27%
Total Income $248,000.00
Total Deductions $87,345.26
Net Pay $160,654.74
Average Tax Rate 33.16%
Comprehensive Deduction Rate 35.22%
Total Income $248,000.00
Total Deductions $89,026.03
Net Pay $158,973.97
Average Tax Rate 33.84%
Comprehensive Deduction Rate 35.9%
Total Income $248,000.00
Total Deductions $94,019.16
Net Pay $153,980.84
Average Tax Rate 35.85%
Comprehensive Deduction Rate 37.91%
Total Income $248,000.00
Total Deductions $94,891.00
Net Pay $153,109.00
Average Tax Rate 36.2%
Comprehensive Deduction Rate 38.26%
Total Income $248,000.00
Total Deductions $95,432.43
Net Pay $152,567.57
Average Tax Rate 36.42%
Comprehensive Deduction Rate 38.48%
Total Income $248,000.00
Total Deductions $96,234.57
Net Pay $151,765.43
Average Tax Rate 36.75%
Comprehensive Deduction Rate 38.8%
Total Income $248,000.00
Total Deductions $98,522.76
Net Pay $149,477.24
Average Tax Rate 37.67%
Comprehensive Deduction Rate 39.73%
Total Income $248,000.00
Total Deductions $101,571.25
Net Pay $146,428.75
Average Tax Rate 38.9%
Comprehensive Deduction Rate 40.96%
Total Income $248,000.00
Total Deductions $101,861.56
Net Pay $146,138.44
Average Tax Rate 38.8%
Comprehensive Deduction Rate 41.07%
Region Total Income Total Deductions Net Pay Average Tax Rate Comprehensive Deduction Rate
Nunavut $248,000.00 $79,023.33 $168,976.67 29.81% 31.86%
Yukon $248,000.00 $82,987.32 $165,012.68 31.4% 33.46%
Alberta $248,000.00 $84,460.36 $163,539.64 32% 34.06%
Northwest Territories $248,000.00 $84,994.40 $163,005.60 32.21% 34.27%
British Columbia $248,000.00 $87,345.26 $160,654.74 33.16% 35.22%
Saskatchewan $248,000.00 $89,026.03 $158,973.97 33.84% 35.9%
Ontario $248,000.00 $94,019.16 $153,980.84 35.85% 37.91%
Manitoba $248,000.00 $94,891.00 $153,109.00 36.2% 38.26%
New Brunswick $248,000.00 $95,432.43 $152,567.57 36.42% 38.48%
Newfoundland and Labrador $248,000.00 $96,234.57 $151,765.43 36.75% 38.8%
Prince Edward Island $248,000.00 $98,522.76 $149,477.24 37.67% 39.73%
Nova Scotia $248,000.00 $101,571.25 $146,428.75 38.9% 40.96%
Quebec $248,000.00 $101,861.56 $146,138.44 38.8% 41.07%
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.