Income tax calculator Alberta

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$55,120
Federal tax deduction
- $7,774
Provincial tax deduction
- $5,131
CPP deduction
- $2,942
EI deduction
- $871
Total tax
- $16,717
Net pay
* $38,403
Marginal tax rate
36.0%
Average tax rate
30.3%
69.7%
Net pay
30.3%
Total tax
Total tax
Net pay
The Taxberg
$38,403
Net pay
$4,162
Tax the employer pays
$16,717
Tax you pay
Total tax paid
$20,879
Did you know your employer also pays tax on your salary? It costs the employer $4,162 to pay you $55,120. In other words, every time you spend $10 of your hard-earned money, $3.79 goes to the government.
Real tax rate
35.2%
So, with you and the employer both paying tax, what used to be a 30.3% tax rate now rises to 35.2%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.
People also ask
$55,120 yearly is how much per hour?
$28.27 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $55,120 a year living in the region of Alberta, Canada, you will be taxed $16,717. That means that your net pay will be $38,403 per year, or $3,200 per month. Your average tax rate is 30.3% and your marginal tax rate is 36.0%. 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 $35.96, hence, your net pay will only increase by $64.04.
Bonus Example
A $1,000 bonus will generate an extra $640 of net incomes. A $5,000 bonus will generate an extra $3,202 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
$55,500
$56,000
$56,500
$57,000
$57,500
$58,000
$58,500
$59,000
$59,500
$60,000
$60,500
$61,000
$61,500
$62,000
$62,500
$63,000
$63,500
$64,000
$64,500
$65,000
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 41,263
25.1%
1
British Columbia
CAD 40,619
26.3%
2
Northwest Territories
CAD 40,245
27.0%
3
Yukon
CAD 40,204
27.1%
4
Ontario
CAD 39,977
27.5%
5
Quebec
CAD 38,516
30.1%
6
Alberta
CAD 38,403
30.3%
7
New Brunswick
CAD 38,156
30.8%
8
Newfoundland and Labrador
CAD 38,144
30.8%
9
Saskatchewan
CAD 37,979
31.1%
10
Manitoba
CAD 37,588
31.8%
11
Prince Edward Island
CAD 37,579
31.8%
12
Nova Scotia
CAD 37,451
32.1%
13
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Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 47,954
13.0%
1
Switzerland
CAD 47,743
13.4%
2
Ireland
CAD 45,103
18.2%
3
Hungary
CAD 44,923
18.5%
4
Ukraine
CAD 44,372
19.5%
5
United Kingdom
CAD 44,278
19.7%
6
France
CAD 43,908
20.3%
7
Czech Republic
CAD 42,592
22.7%
8
Norway
CAD 42,240
23.4%
9
Spain
CAD 41,256
25.2%
10
Luxembourg
CAD 41,219
25.2%
11
Austria
CAD 39,561
28.2%
12
Sweden
CAD 38,952
29.3%
13
Greece
CAD 37,565
31.9%
14
Denmark
CAD 37,142
32.6%
15
Germany
CAD 36,396
34.0%
16
Poland
CAD 35,926
34.8%
17
Netherlands
CAD 34,687
37.1%
18
Italy
CAD 34,520
37.4%
19
Finland
CAD 34,257
37.9%
20
Portugal
CAD 32,983
40.2%
21
Romania
CAD 32,245
41.5%
22
Belgium
CAD 27,728
49.7%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 44,098
20.0%
1
Canada
CAD 39,977
27.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 50,496
8.4%
1
Taiwan
CAD 48,655
11.7%
2
Thailand
CAD 46,485
15.7%
3
South Korea
CAD 44,962
18.4%
4
Australia
CAD 44,812
18.7%
5
Kazakhstan
CAD 44,282
19.7%
6
New Zealand
CAD 43,613
20.9%
7
Singapore
CAD 42,591
22.7%
8
Indonesia
CAD 42,367
23.1%
9
Pakistan
CAD 41,933
23.9%
10
Japan
CAD 41,515
24.7%
11
Malaysia
CAD 40,888
25.8%
12
Philippines
CAD 40,031
27.4%
13
Vietnam
CAD 38,397
30.3%
14
China
CAD 36,467
33.8%
15
India
CAD 34,534
37.4%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 49,824
9.6%
1
Puerto Rico
CAD 47,156
14.5%
2
Costa Rica
CAD 46,821
15.1%
3
Ecuador
CAD 45,342
17.7%
4
Chile
CAD 44,862
18.6%
5
Panama
CAD 43,999
20.2%
6
Colombia
CAD 43,255
21.5%
7
Peru
CAD 41,564
24.6%
8
Mexico
CAD 40,999
25.6%
9
Brazil
CAD 40,744
26.1%
10
Uruguay
CAD 38,542
30.1%
11
Argentina
CAD 35,818
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 40,866
25.9%
1
Angola
CAD 40,341
26.8%
2
Kenya
CAD 39,290
28.7%
3
Mozambique
CAD 38,909
29.4%
4
Ghana
CAD 37,851
31.3%
5
Nigeria
CAD 37,666
31.7%
6
Ivory Coast
CAD 37,103
32.7%
7
Morocco
CAD 36,550
33.7%
8
Uganda
CAD 35,293
36.0%
9
Cameroon
CAD 35,277
36.0%
10
Senegal
CAD 34,665
37.1%
11
Zambia
CAD 34,306
37.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 52,364
5.0%
1
Qatar
CAD 52,364
5.0%
2
Bahrain
CAD 50,710
8.0%
3
Oman
CAD 50,710
8.0%
4
Saudi Arabia
CAD 49,608
10.0%
5
Kuwait
CAD 49,057
11.0%
6
Israel
CAD 44,350
19.5%
7
Egypt
CAD 41,725
24.3%
8
Lebanon
CAD 41,604
24.5%
9
Turkey
CAD 32,369
41.3%
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.