2024 Alberta Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$118,001.04
Salary
$118,001.04
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$32,563.73
Federal Tax
$18,292.76
Provincial Tax
$9,166.35
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$85,437.31
Marginal Tax Rate
36%
Average Tax Rate
23.27%
Comprehensive Deduction Rate
27.6%
Monthly Salary
Total Income
$9,833.42
Salary
$9,833.42
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,713.64
Federal Tax
$1,524.40
Provincial Tax
$763.86
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$7,119.78
Marginal Tax Rate
36%
Average Tax Rate
23.27%
Comprehensive Deduction Rate
27.6%
Biweekly Salary
Total Income
$4,538.50
Salary
$4,538.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,252.45
Federal Tax
$703.57
Provincial Tax
$352.55
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$3,286.05
Marginal Tax Rate
36%
Average Tax Rate
23.27%
Comprehensive Deduction Rate
27.6%
Weekly Salary
Total Income
$2,269.25
Salary
$2,269.25
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$626.23
Federal Tax
$351.78
Provincial Tax
$176.28
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,643.03
Marginal Tax Rate
36%
Average Tax Rate
23.27%
Comprehensive Deduction Rate
27.6%
Daily Salary
Total Income
$453.85
Salary
$453.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$125.25
Federal Tax
$70.36
Provincial Tax
$35.26
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$328.61
Marginal Tax Rate
36%
Average Tax Rate
23.27%
Comprehensive Deduction Rate
27.6%
Hourly Salary
Total Income
$60.51
Salary
$60.51
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$16.70
Federal Tax
$9.38
Provincial Tax
$4.70
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$43.81
Marginal Tax Rate
36%
Average Tax Rate
23.27%
Comprehensive Deduction Rate
27.6%
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% |
Income taxes on annual salaries
Annual Income Tax by Province/Territory
Total Income
$118,001.04
Total Deductions
$29,359.69
Net Pay
$88,641.35
Average Tax Rate
20.55%
Comprehensive Deduction Rate
24.88%
Total Income
$118,001.04
Total Deductions
$31,117.86
Net Pay
$86,883.18
Average Tax Rate
22.04%
Comprehensive Deduction Rate
26.37%
Total Income
$118,001.04
Total Deductions
$31,302.70
Net Pay
$86,698.34
Average Tax Rate
22.2%
Comprehensive Deduction Rate
26.53%
Total Income
$118,001.04
Total Deductions
$31,496.80
Net Pay
$86,504.24
Average Tax Rate
22.37%
Comprehensive Deduction Rate
26.69%
Total Income
$118,001.04
Total Deductions
$32,563.73
Net Pay
$85,437.31
Average Tax Rate
23.27%
Comprehensive Deduction Rate
27.6%
Total Income
$118,001.04
Total Deductions
$33,177.54
Net Pay
$84,823.50
Average Tax Rate
23.79%
Comprehensive Deduction Rate
28.12%
Total Income
$118,001.04
Total Deductions
$34,697.43
Net Pay
$83,303.61
Average Tax Rate
25.08%
Comprehensive Deduction Rate
29.4%
Total Income
$118,001.04
Total Deductions
$36,177.45
Net Pay
$81,823.59
Average Tax Rate
26.33%
Comprehensive Deduction Rate
30.66%
Total Income
$118,001.04
Total Deductions
$36,336.87
Net Pay
$81,664.17
Average Tax Rate
26.47%
Comprehensive Deduction Rate
30.79%
Total Income
$118,001.04
Total Deductions
$37,084.00
Net Pay
$80,917.04
Average Tax Rate
27.1%
Comprehensive Deduction Rate
31.43%
Total Income
$118,001.04
Total Deductions
$38,219.22
Net Pay
$79,781.82
Average Tax Rate
28.06%
Comprehensive Deduction Rate
32.39%
Total Income
$118,001.04
Total Deductions
$38,410.15
Net Pay
$79,590.89
Average Tax Rate
27.77%
Comprehensive Deduction Rate
32.55%
Total Income
$118,001.04
Total Deductions
$39,297.70
Net Pay
$78,703.34
Average Tax Rate
28.98%
Comprehensive Deduction Rate
33.3%
Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
---|---|---|---|---|---|
Nunavut | $118,001.04 | $29,359.69 | $88,641.35 | 20.55% | 24.88% |
British Columbia | $118,001.04 | $31,117.86 | $86,883.18 | 22.04% | 26.37% |
Yukon | $118,001.04 | $31,302.70 | $86,698.34 | 22.2% | 26.53% |
Northwest Territories | $118,001.04 | $31,496.80 | $86,504.24 | 22.37% | 26.69% |
Alberta | $118,001.04 | $32,563.73 | $85,437.31 | 23.27% | 27.6% |
Ontario | $118,001.04 | $33,177.54 | $84,823.50 | 23.79% | 28.12% |
Saskatchewan | $118,001.04 | $34,697.43 | $83,303.61 | 25.08% | 29.4% |
Manitoba | $118,001.04 | $36,177.45 | $81,823.59 | 26.33% | 30.66% |
New Brunswick | $118,001.04 | $36,336.87 | $81,664.17 | 26.47% | 30.79% |
Newfoundland and Labrador | $118,001.04 | $37,084.00 | $80,917.04 | 27.1% | 31.43% |
Prince Edward Island | $118,001.04 | $38,219.22 | $79,781.82 | 28.06% | 32.39% |
Quebec | $118,001.04 | $38,410.15 | $79,590.89 | 27.77% | 32.55% |
Nova Scotia | $118,001.04 | $39,297.70 | $78,703.34 | 28.98% | 33.3% |
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.
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