2024 Alberta Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$62,500.36
Salary
$62,500.36
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$14,734.39
Federal Tax
$6,570.07
Provincial Tax
$3,616.29
CPP Contributions
$3,510.52
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,037.51
Net Pay
$47,765.97
Marginal Tax Rate
30.5%
Average Tax Rate
16.3%
Comprehensive Deduction Rate
23.57%
Monthly Salary
Total Income
$5,208.36
Salary
$5,208.36
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,227.87
Federal Tax
$547.51
Provincial Tax
$301.36
CPP Contributions
$292.54
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$86.46
Net Pay
$3,980.50
Marginal Tax Rate
30.5%
Average Tax Rate
16.3%
Comprehensive Deduction Rate
23.57%
Biweekly Salary
Total Income
$2,403.86
Salary
$2,403.86
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$566.71
Federal Tax
$252.70
Provincial Tax
$139.09
CPP Contributions
$135.02
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$39.90
Net Pay
$1,837.15
Marginal Tax Rate
30.5%
Average Tax Rate
16.3%
Comprehensive Deduction Rate
23.57%
Weekly Salary
Total Income
$1,201.93
Salary
$1,201.93
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$283.35
Federal Tax
$126.35
Provincial Tax
$69.54
CPP Contributions
$67.51
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.95
Net Pay
$918.58
Marginal Tax Rate
30.5%
Average Tax Rate
16.3%
Comprehensive Deduction Rate
23.57%
Daily Salary
Total Income
$240.39
Salary
$240.39
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$56.67
Federal Tax
$25.27
Provincial Tax
$13.91
CPP Contributions
$13.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.99
Net Pay
$183.72
Marginal Tax Rate
30.5%
Average Tax Rate
16.3%
Comprehensive Deduction Rate
23.57%
Hourly Salary
Total Income
$32.05
Salary
$32.05
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$7.56
Federal Tax
$3.37
Provincial Tax
$1.85
CPP Contributions
$1.80
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.53
Net Pay
$24.50
Marginal Tax Rate
30.5%
Average Tax Rate
16.3%
Comprehensive Deduction Rate
23.57%
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
$62,500.36
Total Deductions
$12,966.35
Net Pay
$49,534.01
Average Tax Rate
13.47%
Comprehensive Deduction Rate
20.75%
Total Income
$62,500.36
Total Deductions
$13,802.78
Net Pay
$48,697.58
Average Tax Rate
14.81%
Comprehensive Deduction Rate
22.08%
Total Income
$62,500.36
Total Deductions
$13,839.42
Net Pay
$48,660.94
Average Tax Rate
14.87%
Comprehensive Deduction Rate
22.14%
Total Income
$62,500.36
Total Deductions
$13,908.34
Net Pay
$48,592.02
Average Tax Rate
14.98%
Comprehensive Deduction Rate
22.25%
Total Income
$62,500.36
Total Deductions
$14,476.88
Net Pay
$48,023.48
Average Tax Rate
15.89%
Comprehensive Deduction Rate
23.16%
Total Income
$62,500.36
Total Deductions
$14,734.39
Net Pay
$47,765.97
Average Tax Rate
16.3%
Comprehensive Deduction Rate
23.57%
Total Income
$62,500.36
Total Deductions
$15,480.57
Net Pay
$47,019.79
Average Tax Rate
17.49%
Comprehensive Deduction Rate
24.77%
Total Income
$62,500.36
Total Deductions
$15,925.47
Net Pay
$46,574.89
Average Tax Rate
18.2%
Comprehensive Deduction Rate
25.48%
Total Income
$62,500.36
Total Deductions
$15,984.79
Net Pay
$46,515.57
Average Tax Rate
18.3%
Comprehensive Deduction Rate
25.58%
Total Income
$62,500.36
Total Deductions
$16,347.11
Net Pay
$46,153.25
Average Tax Rate
18.88%
Comprehensive Deduction Rate
26.16%
Total Income
$62,500.36
Total Deductions
$16,577.55
Net Pay
$45,922.81
Average Tax Rate
19.25%
Comprehensive Deduction Rate
26.52%
Total Income
$62,500.36
Total Deductions
$16,694.22
Net Pay
$45,806.14
Average Tax Rate
18.86%
Comprehensive Deduction Rate
26.71%
Total Income
$62,500.36
Total Deductions
$17,493.13
Net Pay
$45,007.23
Average Tax Rate
20.71%
Comprehensive Deduction Rate
27.99%
Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
---|---|---|---|---|---|
Nunavut | $62,500.36 | $12,966.35 | $49,534.01 | 13.47% | 20.75% |
British Columbia | $62,500.36 | $13,802.78 | $48,697.58 | 14.81% | 22.08% |
Northwest Territories | $62,500.36 | $13,839.42 | $48,660.94 | 14.87% | 22.14% |
Yukon | $62,500.36 | $13,908.34 | $48,592.02 | 14.98% | 22.25% |
Ontario | $62,500.36 | $14,476.88 | $48,023.48 | 15.89% | 23.16% |
Alberta | $62,500.36 | $14,734.39 | $47,765.97 | 16.3% | 23.57% |
Saskatchewan | $62,500.36 | $15,480.57 | $47,019.79 | 17.49% | 24.77% |
New Brunswick | $62,500.36 | $15,925.47 | $46,574.89 | 18.2% | 25.48% |
Manitoba | $62,500.36 | $15,984.79 | $46,515.57 | 18.3% | 25.58% |
Newfoundland and Labrador | $62,500.36 | $16,347.11 | $46,153.25 | 18.88% | 26.16% |
Prince Edward Island | $62,500.36 | $16,577.55 | $45,922.81 | 19.25% | 26.52% |
Quebec | $62,500.36 | $16,694.22 | $45,806.14 | 18.86% | 26.71% |
Nova Scotia | $62,500.36 | $17,493.13 | $45,007.23 | 20.71% | 27.99% |
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.
Jobs paying $62,500+/year

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