2024 Alberta Income Tax Calculator

Calculate your take-home pay after tax.

Province/Territory

Tax Year

Salary

Rate

Work Hours per Day

Bonus

Commission

Pension Income

Taxable Benefit

RRSP

Your Results

Yearly Salary

Total Income $125,000.20

Salary $125,000.20

Total Deductions $35,083.44

Federal Tax $20,112.55

Provincial Tax $9,866.27

CPP Contributions $4,055.50

EI Premiums $1,049.12

Net Pay $89,916.76

Marginal Tax Rate 36%

Average Tax Rate 23.98%

Comprehensive Deduction Rate 28.07%

$125,000.20 a year is how much per hour?
What is the minimum wage in Alberta in 2024?

Monthly Salary

Total Income $10,416.68

Salary $10,416.68

Total Deductions $2,923.62

Federal Tax $1,676.05

Provincial Tax $822.19

CPP Contributions $337.96

EI Premiums $87.43

Net Pay $7,493.06

Marginal Tax Rate 36%

Average Tax Rate 23.98%

Comprehensive Deduction Rate 28.07%

$10,416.68 a month is how much per year?
What is the minimum wage in Alberta in 2024?

Biweekly Salary

Total Income $4,807.70

Salary $4,807.70

Total Deductions $1,349.36

Federal Tax $773.56

Provincial Tax $379.47

CPP Contributions $155.98

EI Premiums $40.35

Net Pay $3,458.34

Marginal Tax Rate 36%

Average Tax Rate 23.98%

Comprehensive Deduction Rate 28.07%

$4,807.70 per two weeks is how much per year?
What is the minimum wage in Alberta in 2024?

Weekly Salary

Total Income $2,403.85

Salary $2,403.85

Total Deductions $674.68

Federal Tax $386.78

Provincial Tax $189.74

CPP Contributions $77.99

EI Premiums $20.18

Net Pay $1,729.17

Marginal Tax Rate 36%

Average Tax Rate 23.98%

Comprehensive Deduction Rate 28.07%

$2,403.85 a week is how much per year?
What is the minimum wage in Alberta in 2024?

Daily Salary

Total Income $480.77

Salary $480.77

Total Deductions $134.94

Federal Tax $77.36

Provincial Tax $37.95

CPP Contributions $15.60

EI Premiums $4.04

Net Pay $345.83

Marginal Tax Rate 36%

Average Tax Rate 23.98%

Comprehensive Deduction Rate 28.07%

$480.77 a day is how much per year?
What is the minimum wage in Alberta in 2024?

Hourly Salary

Total Income $64.10

Salary $64.10

Total Deductions $17.99

Federal Tax $10.31

Provincial Tax $5.06

CPP Contributions $2.08

EI Premiums $0.54

Net Pay $46.11

Marginal Tax Rate 36%

Average Tax Rate 23.98%

Comprehensive Deduction Rate 28.07%

$64.10 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

Nunavut

Total Income $125,000.20

Total Deductions $31,809.41

Net Pay $93,190.79

Average Tax Rate 21.36%

Comprehensive Deduction Rate 25.45%

British Columbia

Total Income $125,000.20

Total Deductions $33,797.84

Net Pay $91,202.36

Average Tax Rate 22.95%

Comprehensive Deduction Rate 27.04%

Yukon

Total Income $125,000.20

Total Deductions $33,885.40

Net Pay $91,114.80

Average Tax Rate 23.02%

Comprehensive Deduction Rate 27.11%

Northwest Territories

Total Income $125,000.20

Total Deductions $34,170.48

Net Pay $90,829.72

Average Tax Rate 23.25%

Comprehensive Deduction Rate 27.34%

Alberta

Total Income $125,000.20

Total Deductions $35,083.44

Net Pay $89,916.76

Average Tax Rate 23.98%

Comprehensive Deduction Rate 28.07%

Ontario

Total Income $125,000.20

Total Deductions $36,215.84

Net Pay $88,784.36

Average Tax Rate 24.89%

Comprehensive Deduction Rate 28.97%

Saskatchewan

Total Income $125,000.20

Total Deductions $37,392.12

Net Pay $87,608.08

Average Tax Rate 25.83%

Comprehensive Deduction Rate 29.91%

Manitoba

Total Income $125,000.20

Total Deductions $39,215.09

Net Pay $85,785.11

Average Tax Rate 27.29%

Comprehensive Deduction Rate 31.37%

New Brunswick

Total Income $125,000.20

Total Deductions $39,276.52

Net Pay $85,723.68

Average Tax Rate 27.34%

Comprehensive Deduction Rate 31.42%

Newfoundland and Labrador

Total Income $125,000.20

Total Deductions $40,009.66

Net Pay $84,990.54

Average Tax Rate 27.92%

Comprehensive Deduction Rate 32.01%

Prince Edward Island

Total Income $125,000.20

Total Deductions $41,298.86

Net Pay $83,701.34

Average Tax Rate 28.96%

Comprehensive Deduction Rate 33.04%

Quebec

Total Income $125,000.20

Total Deductions $41,609.47

Net Pay $83,390.73

Average Tax Rate 28.77%

Comprehensive Deduction Rate 33.29%

Nova Scotia

Total Income $125,000.20

Total Deductions $42,342.35

Net Pay $82,657.85

Average Tax Rate 29.79%

Comprehensive Deduction Rate 33.87%

Region	Total Income	Total Deductions	Net Pay	Average Tax Rate	Comprehensive Deduction Rate
Nunavut	$125,000.20	$31,809.41	$93,190.79	21.36%	25.45%
British Columbia	$125,000.20	$33,797.84	$91,202.36	22.95%	27.04%
Yukon	$125,000.20	$33,885.40	$91,114.80	23.02%	27.11%
Northwest Territories	$125,000.20	$34,170.48	$90,829.72	23.25%	27.34%
Alberta	$125,000.20	$35,083.44	$89,916.76	23.98%	28.07%
Ontario	$125,000.20	$36,215.84	$88,784.36	24.89%	28.97%
Saskatchewan	$125,000.20	$37,392.12	$87,608.08	25.83%	29.91%
Manitoba	$125,000.20	$39,215.09	$85,785.11	27.29%	31.37%
New Brunswick	$125,000.20	$39,276.52	$85,723.68	27.34%	31.42%
Newfoundland and Labrador	$125,000.20	$40,009.66	$84,990.54	27.92%	32.01%
Prince Edward Island	$125,000.20	$41,298.86	$83,701.34	28.96%	33.04%
Quebec	$125,000.20	$41,609.47	$83,390.73	28.77%	33.29%
Nova Scotia	$125,000.20	$42,342.35	$82,657.85	29.79%	33.87%

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.