Income tax calculator Alberta

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$42,905
Federal tax deduction
- $5,804
Provincial tax deduction
- $3,998
CPP deduction
- $2,246
EI deduction
- $678
Total tax
- $12,726
Net pay
* $30,179
Marginal tax rate
30.5%
Average tax rate
29.7%
70.3%
Net pay
29.7%
Total tax
Total tax
Net pay
The Taxberg
$30,179
Net pay
$3,195
Tax the employer pays
$12,726
Tax you pay
Total tax paid
$15,921
Did you know your employer also pays tax on your salary? It costs the employer $3,195 to pay you $42,905. 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
$42,905 yearly is how much per hour?
$22 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $42,905 a year living in the region of Alberta, Canada, you will be taxed $12,726. That means that your net pay will be $30,179 per year, or $2,515 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 32,578
24.1%
1
British Columbia
CAD 32,124
25.1%
2
Northwest Territories
CAD 31,818
25.8%
3
Ontario
CAD 31,708
26.1%
4
Yukon
CAD 31,701
26.1%
5
Quebec
CAD 31,108
27.5%
6
Newfoundland and Labrador
CAD 30,481
29.0%
7
New Brunswick
CAD 30,415
29.1%
8
Alberta
CAD 30,179
29.7%
9
Saskatchewan
CAD 29,979
30.1%
10
Nova Scotia
CAD 29,843
30.4%
11
Prince Edward Island
CAD 29,822
30.5%
12
Manitoba
CAD 29,693
30.8%
13
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Europe
Country 
Net pay
Average tax
Rank
Switzerland
CAD 38,037
11.4%
1
Russia
CAD 37,327
13.0%
2
Ireland
CAD 36,779
14.3%
3
United Kingdom
CAD 36,124
15.8%
4
France
CAD 35,959
16.2%
5
Hungary
CAD 34,968
18.5%
6
Ukraine
CAD 34,539
19.5%
7
Norway
CAD 34,178
20.3%
8
Luxembourg
CAD 33,910
21.0%
9
Czech Republic
CAD 33,553
21.8%
10
Spain
CAD 33,302
22.4%
11
Austria
CAD 32,834
23.5%
12
Sweden
CAD 30,549
28.8%
13
Greece
CAD 30,238
29.5%
14
Germany
CAD 29,766
30.6%
15
Italy
CAD 29,236
31.9%
16
Poland
CAD 29,133
32.1%
17
Denmark
CAD 28,842
32.8%
18
Finland
CAD 27,916
34.9%
19
Netherlands
CAD 27,000
37.1%
20
Portugal
CAD 26,786
37.6%
21
Romania
CAD 25,099
41.5%
22
Belgium
CAD 23,672
44.8%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 35,060
18.3%
1
Canada
CAD 31,708
26.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 40,079
6.6%
1
Taiwan
CAD 38,233
10.9%
2
Thailand
CAD 37,324
13.0%
3
Australia
CAD 36,811
14.2%
4
South Korea
CAD 35,580
17.1%
5
New Zealand
CAD 35,232
17.9%
6
Kazakhstan
CAD 34,388
19.9%
7
Indonesia
CAD 33,945
20.9%
8
Pakistan
CAD 33,688
21.5%
9
Singapore
CAD 33,674
21.5%
10
Japan
CAD 33,192
22.6%
11
Malaysia
CAD 32,932
23.2%
12
Philippines
CAD 31,978
25.5%
13
Vietnam
CAD 30,746
28.3%
14
China
CAD 28,894
32.7%
15
India
CAD 27,596
35.7%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 38,791
9.6%
1
Puerto Rico
CAD 37,585
12.4%
2
Costa Rica
CAD 37,379
12.9%
3
Ecuador
CAD 36,227
15.6%
4
Panama
CAD 34,758
19.0%
5
Colombia
CAD 34,705
19.1%
6
Chile
CAD 34,274
20.1%
7
Mexico
CAD 32,787
23.6%
8
Peru
CAD 32,693
23.8%
9
Brazil
CAD 31,889
25.7%
10
Uruguay
CAD 30,994
27.8%
11
Argentina
CAD 27,879
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 33,215
22.6%
1
Angola
CAD 31,455
26.7%
2
Mozambique
CAD 30,969
27.8%
3
Kenya
CAD 30,739
28.4%
4
Ghana
CAD 29,771
30.6%
5
Ivory Coast
CAD 29,538
31.2%
6
Nigeria
CAD 29,357
31.6%
7
Morocco
CAD 29,148
32.1%
8
Uganda
CAD 28,298
34.1%
9
Cameroon
CAD 27,839
35.1%
10
Senegal
CAD 27,336
36.3%
11
Zambia
CAD 26,793
37.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 40,760
5.0%
1
Qatar
CAD 40,760
5.0%
2
Bahrain
CAD 39,473
8.0%
3
Oman
CAD 39,473
8.0%
4
Saudi Arabia
CAD 38,614
10.0%
5
Kuwait
CAD 38,185
11.0%
6
Israel
CAD 35,673
16.9%
7
Egypt
CAD 32,564
24.1%
8
Lebanon
CAD 32,442
24.4%
9
Turkey
CAD 25,255
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.