Income Tax Calculator Alberta
Find out how much your salary is after tax
Salary rate
Withholding
Salary $12,000
EI deduction - $190
CPP deduction - $485
Federal tax deduction - $1,506
Provincial tax deduction - $1,133
Total tax - $3,313
Net pay * $8,687
Marginal tax rate 30.5%
Average tax rate 27.6%
27.6%Total tax
72.4%
Net payThe Taxberg
$8,687
Net pay
$750
Tax the employer pays
$3,313
Tax you pay

Total tax paid
$4,063
Did you know your employer also pays tax on your salary? It costs the employer $750 to pay you $12,000. In other words, every time you spend $10 of your hard-earned money, $3.39 goes to the government.
Real tax rate
31.9%
So, with you and the employer both paying tax, what used to be a 27.6% tax rate now rises to 31.9%, meaning your real tax rate is actually 4.3% higher than what it seemed at first.
People also ask$12,000 yearly is how much per hour?$6 hourly is how much per year?What is the average salary in Canada?
Summary
If you make $12,000 a year living in the region of Alberta, Canada, you will be taxed $3,313. That means that your net pay will be $8,687 per year, or $724 per month. Your average tax rate is 27.6% and your marginal tax rate is 30.5%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $100 in your salary will be taxed $30.5, hence, your net pay will only increase by $69.5.
Bonus ExampleA $1,000 bonus will generate an extra $695 of net incomes. A $5,000 bonus will generate an extra $3,475 of net incomes.
| Country | Net pay | Average tax | Rank |
|---|---|---|---|
| Quebec | CAD 10,023 | 16.5% | 1 |
| British Columbia | CAD 9,738 | 18.9% | 2 |
| Nunavut | CAD 9,367 | 21.9% | 3 |
| Alberta | CAD 8,687 | 27.6% | 11 |
| Saskatchewan | CAD 8,631 | 28.1% | 12 |
| Manitoba | CAD 8,597 | 28.4% | 13 |
NOTE* Withholding is calculated based on the Alberta tables of CA, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.