Income tax calculator Alberta

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$42,455
Federal tax deduction
- $5,742
Provincial tax deduction
- $3,956
CPP deduction
- $2,220
EI deduction
- $671
Total tax
- $12,589
Net pay
* $29,866
Marginal tax rate
30.5%
Average tax rate
29.7%
70.3%
Net pay
29.7%
Total tax
Total tax
Net pay
The Taxberg
$29,866
Net pay
$3,160
Tax the employer pays
$12,589
Tax you pay
Total tax paid
$15,749
Did you know your employer also pays tax on your salary? It costs the employer $3,160 to pay you $42,455. 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
$42,455 yearly is how much per hour?
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What is the average salary in Canada?
Summary
If you make $42,455 a year living in the region of Alberta, Canada, you will be taxed $12,589. That means that your net pay will be $29,866 per year, or $2,489 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 32,240
24.1%
1
British Columbia
CAD 31,795
25.1%
2
Northwest Territories
CAD 31,488
25.8%
3
Ontario
CAD 31,374
26.1%
4
Yukon
CAD 31,373
26.1%
5
Quebec
CAD 30,812
27.4%
6
Newfoundland and Labrador
CAD 30,189
28.9%
7
New Brunswick
CAD 30,100
29.1%
8
Alberta
CAD 29,866
29.7%
9
Saskatchewan
CAD 29,668
30.1%
10
Nova Scotia
CAD 29,552
30.4%
11
Prince Edward Island
CAD 29,526
30.5%
12
Manitoba
CAD 29,393
30.8%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
Switzerland
CAD 37,665
11.3%
1
Russia
CAD 36,936
13.0%
2
Ireland
CAD 36,457
14.1%
3
United Kingdom
CAD 35,824
15.6%
4
France
CAD 35,613
16.1%
5
Hungary
CAD 34,601
18.5%
6
Ukraine
CAD 34,176
19.5%
7
Norway
CAD 33,881
20.2%
8
Luxembourg
CAD 33,613
20.8%
9
Czech Republic
CAD 33,220
21.8%
10
Spain
CAD 33,007
22.3%
11
Austria
CAD 32,600
23.2%
12
Sweden
CAD 30,248
28.8%
13
Greece
CAD 29,960
29.4%
14
Germany
CAD 29,514
30.5%
15
Italy
CAD 29,045
31.6%
16
Poland
CAD 28,846
32.1%
17
Denmark
CAD 28,534
32.8%
18
Finland
CAD 27,650
34.9%
19
Netherlands
CAD 26,717
37.1%
20
Portugal
CAD 26,552
37.5%
21
Romania
CAD 24,836
41.5%
22
Belgium
CAD 23,536
44.6%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 34,727
18.2%
1
Canada
CAD 31,374
26.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 39,690
6.5%
1
Taiwan
CAD 37,844
10.9%
2
Thailand
CAD 36,987
12.9%
3
Australia
CAD 36,516
14.0%
4
South Korea
CAD 35,232
17.0%
5
New Zealand
CAD 34,923
17.7%
6
Kazakhstan
CAD 34,024
19.9%
7
Indonesia
CAD 33,617
20.8%
8
Pakistan
CAD 33,384
21.4%
9
Singapore
CAD 33,346
21.5%
10
Japan
CAD 32,885
22.5%
11
Malaysia
CAD 32,642
23.1%
12
Philippines
CAD 31,674
25.4%
13
Vietnam
CAD 30,464
28.2%
14
China
CAD 28,615
32.6%
15
India
CAD 27,340
35.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 38,384
9.6%
1
Puerto Rico
CAD 37,233
12.3%
2
Costa Rica
CAD 37,017
12.8%
3
Ecuador
CAD 35,881
15.5%
4
Panama
CAD 34,418
18.9%
5
Colombia
CAD 34,390
19.0%
6
Chile
CAD 33,933
20.1%
7
Mexico
CAD 32,485
23.5%
8
Peru
CAD 32,366
23.8%
9
Brazil
CAD 31,562
25.7%
10
Uruguay
CAD 30,668
27.8%
11
Argentina
CAD 27,586
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 32,927
22.4%
1
Angola
CAD 31,127
26.7%
2
Mozambique
CAD 30,676
27.7%
3
Kenya
CAD 30,424
28.3%
4
Ghana
CAD 29,473
30.6%
5
Ivory Coast
CAD 29,259
31.1%
6
Nigeria
CAD 29,051
31.6%
7
Morocco
CAD 28,875
32.0%
8
Uganda
CAD 28,005
34.0%
9
Cameroon
CAD 27,565
35.1%
10
Senegal
CAD 27,066
36.3%
11
Zambia
CAD 26,517
37.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 40,332
5.0%
1
Qatar
CAD 40,332
5.0%
2
Bahrain
CAD 39,059
8.0%
3
Oman
CAD 39,059
8.0%
4
Saudi Arabia
CAD 38,210
10.0%
5
Kuwait
CAD 37,785
11.0%
6
Israel
CAD 35,348
16.7%
7
Egypt
CAD 32,226
24.1%
8
Lebanon
CAD 32,105
24.4%
9
Turkey
CAD 24,993
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.