Income tax calculator Alberta

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$42,380
Federal tax deduction
- $5,731
Provincial tax deduction
- $3,949
CPP deduction
- $2,216
EI deduction
- $670
Total tax
- $12,566
Net pay
* $29,814
Marginal tax rate
30.5%
Average tax rate
29.7%
70.3%
Net pay
29.7%
Total tax
Total tax
Net pay
The Taxberg
$29,814
Net pay
$3,154
Tax the employer pays
$12,566
Tax you pay
Total tax paid
$15,720
Did you know your employer also pays tax on your salary? It costs the employer $3,154 to pay you $42,380. In other words, every time you spend $10 of your hard-earned money, $3.71 goes to the government.
Real tax rate
34.5%
So, with you and the employer both paying tax, what used to be a 29.7% tax rate now rises to 34.5%, meaning your real tax rate is actually 4.8% higher than what it seemed at first.
People also ask
$42,380 yearly is how much per hour?
$21.73 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $42,380 a year living in the region of Alberta, Canada, you will be taxed $12,566. That means that your net pay will be $29,814 per year, or $2,484 per month. Your average tax rate is 29.7% 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 $30.46, hence, your net pay will only increase by $69.54.
Bonus Example
A $1,000 bonus will generate an extra $695 of net incomes. A $5,000 bonus will generate an extra $3,477 of net incomes.
Compare average tax
Region
Alberta
British Columbia
Manitoba
New Brunswick
Newfoundland and Labrador
Northwest Territories
Nova Scotia
Nunavut
Ontario
Prince Edward Island
Quebec
Saskatchewan
Yukon
Tax per income
$42,500
$43,000
$43,500
$44,000
$44,500
$45,000
$45,500
$46,000
$46,500
$47,000
$47,500
$48,000
$48,500
$49,000
$49,500
$50,000
$50,500
$51,000
$51,500
$52,000
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 32,183
24.1%
1
British Columbia
CAD 31,740
25.1%
2
Northwest Territories
CAD 31,433
25.8%
3
Ontario
CAD 31,319
26.1%
4
Yukon
CAD 31,318
26.1%
5
Quebec
CAD 30,763
27.4%
6
Newfoundland and Labrador
CAD 30,140
28.9%
7
New Brunswick
CAD 30,048
29.1%
8
Alberta
CAD 29,814
29.7%
9
Saskatchewan
CAD 29,616
30.1%
10
Nova Scotia
CAD 29,504
30.4%
11
Prince Edward Island
CAD 29,477
30.4%
12
Manitoba
CAD 29,342
30.8%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
Switzerland
CAD 37,603
11.3%
1
Russia
CAD 36,871
13.0%
2
Ireland
CAD 36,403
14.1%
3
United Kingdom
CAD 35,774
15.6%
4
France
CAD 35,555
16.1%
5
Hungary
CAD 34,540
18.5%
6
Ukraine
CAD 34,116
19.5%
7
Norway
CAD 33,831
20.2%
8
Luxembourg
CAD 33,563
20.8%
9
Czech Republic
CAD 33,165
21.7%
10
Spain
CAD 32,958
22.2%
11
Austria
CAD 32,561
23.2%
12
Sweden
CAD 30,198
28.8%
13
Greece
CAD 29,914
29.4%
14
Germany
CAD 29,472
30.5%
15
Italy
CAD 29,013
31.5%
16
Poland
CAD 28,798
32.1%
17
Denmark
CAD 28,482
32.8%
18
Finland
CAD 27,606
34.9%
19
Netherlands
CAD 26,670
37.1%
20
Portugal
CAD 26,513
37.4%
21
Romania
CAD 24,792
41.5%
22
Belgium
CAD 23,513
44.5%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 34,671
18.2%
1
Canada
CAD 31,319
26.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 39,625
6.5%
1
Taiwan
CAD 37,779
10.9%
2
Thailand
CAD 36,930
12.9%
3
Australia
CAD 36,467
14.0%
4
South Korea
CAD 35,174
17.0%
5
New Zealand
CAD 34,872
17.7%
6
Kazakhstan
CAD 33,963
19.9%
7
Indonesia
CAD 33,563
20.8%
8
Pakistan
CAD 33,333
21.4%
9
Singapore
CAD 33,292
21.4%
10
Japan
CAD 32,834
22.5%
11
Malaysia
CAD 32,594
23.1%
12
Philippines
CAD 31,623
25.4%
13
Vietnam
CAD 30,417
28.2%
14
China
CAD 28,568
32.6%
15
India
CAD 27,298
35.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 38,316
9.6%
1
Puerto Rico
CAD 37,174
12.3%
2
Costa Rica
CAD 36,956
12.8%
3
Ecuador
CAD 35,823
15.5%
4
Panama
CAD 34,361
18.9%
5
Colombia
CAD 34,338
19.0%
6
Chile
CAD 33,876
20.1%
7
Mexico
CAD 32,434
23.5%
8
Peru
CAD 32,311
23.8%
9
Brazil
CAD 31,508
25.7%
10
Uruguay
CAD 30,613
27.8%
11
Argentina
CAD 27,537
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 32,879
22.4%
1
Angola
CAD 31,073
26.7%
2
Mozambique
CAD 30,628
27.7%
3
Kenya
CAD 30,372
28.3%
4
Ghana
CAD 29,424
30.6%
5
Ivory Coast
CAD 29,213
31.1%
6
Nigeria
CAD 29,000
31.6%
7
Morocco
CAD 28,829
32.0%
8
Uganda
CAD 27,957
34.0%
9
Cameroon
CAD 27,520
35.1%
10
Senegal
CAD 27,021
36.2%
11
Zambia
CAD 26,470
37.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 40,261
5.0%
1
Qatar
CAD 40,261
5.0%
2
Bahrain
CAD 38,990
8.0%
3
Oman
CAD 38,990
8.0%
4
Saudi Arabia
CAD 38,142
10.0%
5
Kuwait
CAD 37,718
11.0%
6
Israel
CAD 35,293
16.7%
7
Egypt
CAD 32,170
24.1%
8
Lebanon
CAD 32,049
24.4%
9
Turkey
CAD 24,949
41.1%
10
Show more
NOTE* Withholding is calculated based on the Alberta tables of Canada, 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.