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 $204,999.60

Salary $204,999.60

Total Deductions $66,242.20

Federal Tax $41,866.38

Provincial Tax $19,271.20

CPP Contributions $4,055.50

EI Premiums $1,049.12

Net Pay $138,757.40

Marginal Tax Rate 42%

Average Tax Rate 29.82%

Comprehensive Deduction Rate 32.31%

$204,999.60 a year is how much per hour?
What is the minimum wage in Alberta in 2024?

Monthly Salary

Total Income $17,083.30

Salary $17,083.30

Total Deductions $5,520.18

Federal Tax $3,488.87

Provincial Tax $1,605.93

CPP Contributions $337.96

EI Premiums $87.43

Net Pay $11,563.12

Marginal Tax Rate 42%

Average Tax Rate 29.82%

Comprehensive Deduction Rate 32.31%

$17,083.30 a month is how much per year?
What is the minimum wage in Alberta in 2024?

Biweekly Salary

Total Income $7,884.60

Salary $7,884.60

Total Deductions $2,547.78

Federal Tax $1,610.25

Provincial Tax $741.20

CPP Contributions $155.98

EI Premiums $40.35

Net Pay $5,336.82

Marginal Tax Rate 42%

Average Tax Rate 29.82%

Comprehensive Deduction Rate 32.31%

$7,884.60 per two weeks is how much per year?
What is the minimum wage in Alberta in 2024?

Weekly Salary

Total Income $3,942.30

Salary $3,942.30

Total Deductions $1,273.89

Federal Tax $805.12

Provincial Tax $370.60

CPP Contributions $77.99

EI Premiums $20.18

Net Pay $2,668.41

Marginal Tax Rate 42%

Average Tax Rate 29.82%

Comprehensive Deduction Rate 32.31%

$3,942.30 a week is how much per year?
What is the minimum wage in Alberta in 2024?

Daily Salary

Total Income $788.46

Salary $788.46

Total Deductions $254.78

Federal Tax $161.02

Provincial Tax $74.12

CPP Contributions $15.60

EI Premiums $4.04

Net Pay $533.68

Marginal Tax Rate 42%

Average Tax Rate 29.82%

Comprehensive Deduction Rate 32.31%

$788.46 a day is how much per year?
What is the minimum wage in Alberta in 2024?

Hourly Salary

Total Income $105.13

Salary $105.13

Total Deductions $33.97

Federal Tax $21.47

Provincial Tax $9.88

CPP Contributions $2.08

EI Premiums $0.54

Net Pay $71.16

Marginal Tax Rate 42%

Average Tax Rate 29.82%

Comprehensive Deduction Rate 32.31%

$105.13 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 $204,999.60

Total Deductions $61,558.17

Net Pay $143,441.43

Average Tax Rate 27.54%

Comprehensive Deduction Rate 30.03%

Yukon

Total Income $204,999.60

Total Deductions $64,963.16

Net Pay $140,036.44

Average Tax Rate 29.2%

Comprehensive Deduction Rate 31.69%

Alberta

Total Income $204,999.60

Total Deductions $66,242.20

Net Pay $138,757.40

Average Tax Rate 29.82%

Comprehensive Deduction Rate 32.31%

Northwest Territories

Total Income $204,999.60

Total Deductions $66,432.73

Net Pay $138,566.87

Average Tax Rate 29.92%

Comprehensive Deduction Rate 32.41%

British Columbia

Total Income $204,999.60

Total Deductions $67,601.08

Net Pay $137,398.52

Average Tax Rate 30.49%

Comprehensive Deduction Rate 32.98%

Saskatchewan

Total Income $204,999.60

Total Deductions $70,270.86

Net Pay $134,728.74

Average Tax Rate 31.79%

Comprehensive Deduction Rate 34.28%

Ontario

Total Income $204,999.60

Total Deductions $72,905.24

Net Pay $132,094.36

Average Tax Rate 33.07%

Comprehensive Deduction Rate 35.56%

New Brunswick

Total Income $204,999.60

Total Deductions $74,527.24

Net Pay $130,472.36

Average Tax Rate 33.86%

Comprehensive Deduction Rate 36.35%

Manitoba

Total Income $204,999.60

Total Deductions $74,888.82

Net Pay $130,110.78

Average Tax Rate 34.04%

Comprehensive Deduction Rate 36.53%

Newfoundland and Labrador

Total Income $204,999.60

Total Deductions $75,419.39

Net Pay $129,580.21

Average Tax Rate 34.3%

Comprehensive Deduction Rate 36.79%

Prince Edward Island

Total Income $204,999.60

Total Deductions $77,940.08

Net Pay $127,059.52

Average Tax Rate 35.53%

Comprehensive Deduction Rate 38.02%

Nova Scotia

Total Income $204,999.60

Total Deductions $80,021.06

Net Pay $124,978.54

Average Tax Rate 36.54%

Comprehensive Deduction Rate 39.03%

Quebec

Total Income $204,999.60

Total Deductions $80,334.65

Net Pay $124,664.95

Average Tax Rate 36.43%

Comprehensive Deduction Rate 39.19%

Region	Total Income	Total Deductions	Net Pay	Average Tax Rate	Comprehensive Deduction Rate
Nunavut	$204,999.60	$61,558.17	$143,441.43	27.54%	30.03%
Yukon	$204,999.60	$64,963.16	$140,036.44	29.2%	31.69%
Alberta	$204,999.60	$66,242.20	$138,757.40	29.82%	32.31%
Northwest Territories	$204,999.60	$66,432.73	$138,566.87	29.92%	32.41%
British Columbia	$204,999.60	$67,601.08	$137,398.52	30.49%	32.98%
Saskatchewan	$204,999.60	$70,270.86	$134,728.74	31.79%	34.28%
Ontario	$204,999.60	$72,905.24	$132,094.36	33.07%	35.56%
New Brunswick	$204,999.60	$74,527.24	$130,472.36	33.86%	36.35%
Manitoba	$204,999.60	$74,888.82	$130,110.78	34.04%	36.53%
Newfoundland and Labrador	$204,999.60	$75,419.39	$129,580.21	34.3%	36.79%
Prince Edward Island	$204,999.60	$77,940.08	$127,059.52	35.53%	38.02%
Nova Scotia	$204,999.60	$80,021.06	$124,978.54	36.54%	39.03%
Quebec	$204,999.60	$80,334.65	$124,664.95	36.43%	39.19%

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.