Income tax calculator Alberta

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$48,331
Federal tax deduction
- $6,559
Provincial tax deduction
- $4,501
CPP deduction
- $2,555
EI deduction
- $764
Total tax
- $14,379
Net pay
* $33,952
Marginal tax rate
30.5%
Average tax rate
29.8%
70.2%
Net pay
29.8%
Total tax
Total tax
Net pay
The Taxberg
$33,952
Net pay
$3,624
Tax the employer pays
$14,379
Tax you pay
Total tax paid
$18,003
Did you know your employer also pays tax on your salary? It costs the employer $3,624 to pay you $48,331. In other words, every time you spend $10 of your hard-earned money, $3.73 goes to the government.
Real tax rate
34.7%
So, with you and the employer both paying tax, what used to be a 29.8% tax rate now rises to 34.7%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
People also ask
$48,331 yearly is how much per hour?
$24.79 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $48,331 a year living in the region of Alberta, Canada, you will be taxed $14,379. That means that your net pay will be $33,952 per year, or $2,829 per month. Your average tax rate is 29.8% 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.
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
$48,500
$49,000
$49,500
$50,000
$50,500
$51,000
$51,500
$52,000
$52,500
$53,000
$53,500
$54,000
$54,500
$55,000
$55,500
$56,000
$56,500
$57,000
$57,500
$58,000
Europe
Country 
Net pay
Average tax
Rank
Switzerland
CAD 42,476
12.1%
1
Russia
CAD 42,048
13.0%
2
Ireland
CAD 40,658
15.9%
3
United Kingdom
CAD 39,746
17.8%
4
France
CAD 39,610
18.0%
5
Hungary
CAD 39,390
18.5%
6
Ukraine
CAD 38,906
19.5%
7
Norway
CAD 37,759
21.9%
8
Czech Republic
CAD 37,568
22.3%
9
Luxembourg
CAD 37,283
22.9%
10
Spain
CAD 36,847
23.8%
11
Austria
CAD 35,742
26.1%
12
Sweden
CAD 34,200
29.2%
13
Greece
CAD 33,590
30.5%
14
Germany
CAD 32,747
32.2%
15
Denmark
CAD 32,550
32.7%
16
Poland
CAD 32,385
33.0%
17
Italy
CAD 31,649
34.5%
18
Finland
CAD 30,807
36.3%
19
Netherlands
CAD 30,414
37.1%
20
Portugal
CAD 29,608
38.7%
21
Romania
CAD 28,274
41.5%
22
Belgium
CAD 25,319
47.6%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 39,075
19.2%
1
Canada
CAD 35,527
26.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 44,769
7.4%
1
Taiwan
CAD 42,923
11.2%
2
Thailand
CAD 41,394
14.4%
3
Australia
CAD 40,365
16.5%
4
South Korea
CAD 39,766
17.7%
5
New Zealand
CAD 38,955
19.4%
6
Kazakhstan
CAD 38,783
19.8%
7
Indonesia
CAD 37,746
21.9%
8
Singapore
CAD 37,630
22.1%
9
Pakistan
CAD 37,350
22.7%
10
Japan
CAD 36,889
23.7%
11
Malaysia
CAD 36,460
24.6%
12
Philippines
CAD 35,596
26.4%
13
Vietnam
CAD 34,146
29.4%
14
China
CAD 32,258
33.3%
15
India
CAD 30,678
36.5%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 43,697
9.6%
1
Puerto Rico
CAD 41,837
13.4%
2
Costa Rica
CAD 41,627
13.9%
3
Ecuador
CAD 40,400
16.4%
4
Panama
CAD 38,863
19.6%
5
Chile
CAD 38,709
19.9%
6
Colombia
CAD 38,503
20.3%
7
Peru
CAD 36,633
24.2%
8
Mexico
CAD 36,435
24.6%
9
Brazil
CAD 35,822
25.9%
10
Uruguay
CAD 34,419
28.8%
11
Argentina
CAD 31,405
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 36,687
24.1%
1
Angola
CAD 35,402
26.8%
2
Kenya
CAD 34,537
28.5%
3
Mozambique
CAD 34,496
28.6%
4
Ghana
CAD 33,360
31.0%
5
Nigeria
CAD 33,048
31.6%
6
Ivory Coast
CAD 32,898
31.9%
7
Morocco
CAD 32,436
32.9%
8
Uganda
CAD 31,559
34.7%
9
Cameroon
CAD 31,143
35.6%
10
Senegal
CAD 30,592
36.7%
11
Zambia
CAD 30,130
37.7%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 45,914
5.0%
1
Qatar
CAD 45,914
5.0%
2
Bahrain
CAD 44,465
8.0%
3
Oman
CAD 44,465
8.0%
4
Saudi Arabia
CAD 43,498
10.0%
5
Kuwait
CAD 43,015
11.0%
6
Israel
CAD 39,570
18.1%
7
Egypt
CAD 36,633
24.2%
8
Lebanon
CAD 36,512
24.5%
9
Turkey
CAD 28,415
41.2%
10
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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.