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2024 Alberta Income Tax Calculator

Calculate your take-home pay after tax.

Your Results

Yearly Salary
Total Income $242,998.60
Salary $242,998.60
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $82,259.76
Federal Tax $52,886.09
Provincial Tax $24,269.05
CPP Contributions $4,055.50
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $1,049.12
Net Pay $160,738.84
Marginal Tax Rate 43%
Average Tax Rate 31.75%
Comprehensive Deduction Rate 33.85%
$242,998.60 a year is how much per hour?
What is the minimum wage in Alberta in 2025?
Monthly Salary
Total Income $20,249.88
Salary $20,249.88
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $6,854.98
Federal Tax $4,407.17
Provincial Tax $2,022.42
CPP Contributions $337.96
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $87.43
Net Pay $13,394.90
Marginal Tax Rate 43%
Average Tax Rate 31.75%
Comprehensive Deduction Rate 33.85%
$20,249.88 a month is how much per year?
What is the minimum wage in Alberta in 2025?
Biweekly Salary
Total Income $9,346.10
Salary $9,346.10
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $3,163.84
Federal Tax $2,034.08
Provincial Tax $933.43
CPP Contributions $155.98
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $40.35
Net Pay $6,182.26
Marginal Tax Rate 43%
Average Tax Rate 31.75%
Comprehensive Deduction Rate 33.85%
$9,346.10 per two weeks is how much per year?
What is the minimum wage in Alberta in 2025?
Weekly Salary
Total Income $4,673.05
Salary $4,673.05
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $1,581.92
Federal Tax $1,017.04
Provincial Tax $466.71
CPP Contributions $77.99
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $20.18
Net Pay $3,091.13
Marginal Tax Rate 43%
Average Tax Rate 31.75%
Comprehensive Deduction Rate 33.85%
$4,673.05 a week is how much per year?
What is the minimum wage in Alberta in 2025?
Daily Salary
Total Income $934.61
Salary $934.61
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $316.38
Federal Tax $203.41
Provincial Tax $93.34
CPP Contributions $15.60
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $4.04
Net Pay $618.23
Marginal Tax Rate 43%
Average Tax Rate 31.75%
Comprehensive Deduction Rate 33.85%
$934.61 a day is how much per year?
What is the minimum wage in Alberta in 2025?
Hourly Salary
Total Income $124.61
Salary $124.61
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $42.18
Federal Tax $27.12
Provincial Tax $12.45
CPP Contributions $2.08
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $0.54
Net Pay $82.43
Marginal Tax Rate 43%
Average Tax Rate 31.75%
Comprehensive Deduction Rate 33.85%
$124.61 an hour is how much per year?
What is the minimum wage in Alberta in 2025?

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 $242,998.60
Total Deductions $76,947.77
Net Pay $166,050.83
Average Tax Rate 29.57%
Comprehensive Deduction Rate 31.67%
Total Income $242,998.60
Total Deductions $80,846.74
Net Pay $162,151.86
Average Tax Rate 31.17%
Comprehensive Deduction Rate 33.27%
Total Income $242,998.60
Total Deductions $82,259.76
Net Pay $160,738.84
Average Tax Rate 31.75%
Comprehensive Deduction Rate 33.85%
Total Income $242,998.60
Total Deductions $82,791.30
Net Pay $160,207.30
Average Tax Rate 31.97%
Comprehensive Deduction Rate 34.07%
Total Income $242,998.60
Total Deductions $85,004.62
Net Pay $157,993.98
Average Tax Rate 32.88%
Comprehensive Deduction Rate 34.98%
Total Income $242,998.60
Total Deductions $86,800.43
Net Pay $156,198.17
Average Tax Rate 33.62%
Comprehensive Deduction Rate 35.72%
Total Income $242,998.60
Total Deductions $91,492.00
Net Pay $151,506.60
Average Tax Rate 35.55%
Comprehensive Deduction Rate 37.65%
Total Income $242,998.60
Total Deductions $92,520.36
Net Pay $150,478.24
Average Tax Rate 35.97%
Comprehensive Deduction Rate 38.07%
Total Income $242,998.60
Total Deductions $92,956.76
Net Pay $150,041.84
Average Tax Rate 36.15%
Comprehensive Deduction Rate 38.25%
Total Income $242,998.60
Total Deductions $93,743.89
Net Pay $149,254.71
Average Tax Rate 36.48%
Comprehensive Deduction Rate 38.58%
Total Income $242,998.60
Total Deductions $96,084.60
Net Pay $146,914.00
Average Tax Rate 37.44%
Comprehensive Deduction Rate 39.54%
Total Income $242,998.60
Total Deductions $99,020.56
Net Pay $143,978.04
Average Tax Rate 38.65%
Comprehensive Deduction Rate 40.75%
Total Income $242,998.60
Total Deductions $99,320.86
Net Pay $143,677.74
Average Tax Rate 38.55%
Comprehensive Deduction Rate 40.87%
Region Total Income Total Deductions Net Pay Avg. Tax Rate Comp. Deduction Rate
Nunavut $242,998.60 $76,947.77 $166,050.83 29.57% 31.67%
Yukon $242,998.60 $80,846.74 $162,151.86 31.17% 33.27%
Alberta $242,998.60 $82,259.76 $160,738.84 31.75% 33.85%
Northwest Territories $242,998.60 $82,791.30 $160,207.30 31.97% 34.07%
British Columbia $242,998.60 $85,004.62 $157,993.98 32.88% 34.98%
Saskatchewan $242,998.60 $86,800.43 $156,198.17 33.62% 35.72%
Ontario $242,998.60 $91,492.00 $151,506.60 35.55% 37.65%
Manitoba $242,998.60 $92,520.36 $150,478.24 35.97% 38.07%
New Brunswick $242,998.60 $92,956.76 $150,041.84 36.15% 38.25%
Newfoundland and Labrador $242,998.60 $93,743.89 $149,254.71 36.48% 38.58%
Prince Edward Island $242,998.60 $96,084.60 $146,914.00 37.44% 39.54%
Nova Scotia $242,998.60 $99,020.56 $143,978.04 38.65% 40.75%
Quebec $242,998.60 $99,320.86 $143,677.74 38.55% 40.87%
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.