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 $241,999.68

Salary $241,999.68

Total Deductions $81,830.23

Federal Tax $52,596.40

Provincial Tax $24,129.21

CPP Contributions $4,055.50

EI Premiums $1,049.12

Net Pay $160,169.45

Marginal Tax Rate 43%

Average Tax Rate 31.7%

Comprehensive Deduction Rate 33.81%

$241,999.68 a year is how much per hour?
What is the minimum wage in Alberta in 2024?

Monthly Salary

Total Income $20,166.64

Salary $20,166.64

Total Deductions $6,819.19

Federal Tax $4,383.03

Provincial Tax $2,010.77

CPP Contributions $337.96

EI Premiums $87.43

Net Pay $13,347.45

Marginal Tax Rate 43%

Average Tax Rate 31.7%

Comprehensive Deduction Rate 33.81%

$20,166.64 a month is how much per year?
What is the minimum wage in Alberta in 2024?

Biweekly Salary

Total Income $9,307.68

Salary $9,307.68

Total Deductions $3,147.32

Federal Tax $2,022.94

Provincial Tax $928.05

CPP Contributions $155.98

EI Premiums $40.35

Net Pay $6,160.36

Marginal Tax Rate 43%

Average Tax Rate 31.7%

Comprehensive Deduction Rate 33.81%

$9,307.68 per two weeks is how much per year?
What is the minimum wage in Alberta in 2024?

Weekly Salary

Total Income $4,653.84

Salary $4,653.84

Total Deductions $1,573.66

Federal Tax $1,011.47

Provincial Tax $464.02

CPP Contributions $77.99

EI Premiums $20.18

Net Pay $3,080.18

Marginal Tax Rate 43%

Average Tax Rate 31.7%

Comprehensive Deduction Rate 33.81%

$4,653.84 a week is how much per year?
What is the minimum wage in Alberta in 2024?

Daily Salary

Total Income $930.77

Salary $930.77

Total Deductions $314.73

Federal Tax $202.29

Provincial Tax $92.80

CPP Contributions $15.60

EI Premiums $4.04

Net Pay $616.04

Marginal Tax Rate 43%

Average Tax Rate 31.7%

Comprehensive Deduction Rate 33.81%

$930.77 a day is how much per year?
What is the minimum wage in Alberta in 2024?

Hourly Salary

Total Income $124.10

Salary $124.10

Total Deductions $41.96

Federal Tax $26.97

Provincial Tax $12.37

CPP Contributions $2.08

EI Premiums $0.54

Net Pay $82.14

Marginal Tax Rate 43%

Average Tax Rate 31.7%

Comprehensive Deduction Rate 33.81%

$124.10 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 $241,999.68

Total Deductions $76,543.20

Net Pay $165,456.48

Average Tax Rate 29.52%

Comprehensive Deduction Rate 31.63%

Yukon

Total Income $241,999.68

Total Deductions $80,429.19

Net Pay $161,570.49

Average Tax Rate 31.13%

Comprehensive Deduction Rate 33.24%

Alberta

Total Income $241,999.68

Total Deductions $81,830.23

Net Pay $160,169.45

Average Tax Rate 31.7%

Comprehensive Deduction Rate 33.81%

Northwest Territories

Total Income $241,999.68

Total Deductions $82,361.27

Net Pay $159,638.41

Average Tax Rate 31.92%

Comprehensive Deduction Rate 34.03%

British Columbia

Total Income $241,999.68

Total Deductions $84,547.12

Net Pay $157,452.56

Average Tax Rate 32.83%

Comprehensive Deduction Rate 34.94%

Saskatchewan

Total Income $241,999.68

Total Deductions $86,365.89

Net Pay $155,633.79

Average Tax Rate 33.58%

Comprehensive Deduction Rate 35.69%

Ontario

Total Income $241,999.68

Total Deductions $90,997.23

Net Pay $151,002.45

Average Tax Rate 35.49%

Comprehensive Deduction Rate 37.6%

Manitoba

Total Income $241,999.68

Total Deductions $92,056.85

Net Pay $149,942.83

Average Tax Rate 35.93%

Comprehensive Deduction Rate 38.04%

New Brunswick

Total Income $241,999.68

Total Deductions $92,472.28

Net Pay $149,527.40

Average Tax Rate 36.1%

Comprehensive Deduction Rate 38.21%

Newfoundland and Labrador

Total Income $241,999.68

Total Deductions $93,256.42

Net Pay $148,743.26

Average Tax Rate 36.43%

Comprehensive Deduction Rate 38.54%

Prince Edward Island

Total Income $241,999.68

Total Deductions $95,607.61

Net Pay $146,392.07

Average Tax Rate 37.4%

Comprehensive Deduction Rate 39.51%

Nova Scotia

Total Income $241,999.68

Total Deductions $98,521.09

Net Pay $143,478.59

Average Tax Rate 38.6%

Comprehensive Deduction Rate 40.71%

Quebec

Total Income $241,999.68

Total Deductions $98,821.75

Net Pay $143,177.93

Average Tax Rate 38.5%

Comprehensive Deduction Rate 40.84%

Region	Total Income	Total Deductions	Net Pay	Average Tax Rate	Comprehensive Deduction Rate
Nunavut	$241,999.68	$76,543.20	$165,456.48	29.52%	31.63%
Yukon	$241,999.68	$80,429.19	$161,570.49	31.13%	33.24%
Alberta	$241,999.68	$81,830.23	$160,169.45	31.7%	33.81%
Northwest Territories	$241,999.68	$82,361.27	$159,638.41	31.92%	34.03%
British Columbia	$241,999.68	$84,547.12	$157,452.56	32.83%	34.94%
Saskatchewan	$241,999.68	$86,365.89	$155,633.79	33.58%	35.69%
Ontario	$241,999.68	$90,997.23	$151,002.45	35.49%	37.6%
Manitoba	$241,999.68	$92,056.85	$149,942.83	35.93%	38.04%
New Brunswick	$241,999.68	$92,472.28	$149,527.40	36.1%	38.21%
Newfoundland and Labrador	$241,999.68	$93,256.42	$148,743.26	36.43%	38.54%
Prince Edward Island	$241,999.68	$95,607.61	$146,392.07	37.4%	39.51%
Nova Scotia	$241,999.68	$98,521.09	$143,478.59	38.6%	40.71%
Quebec	$241,999.68	$98,821.75	$143,177.93	38.5%	40.84%

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.