Income tax calculator Alberta

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$55,373
Federal tax deduction
- $7,823
Provincial tax deduction
- $5,154
CPP deduction
- $2,957
EI deduction
- $875
Total tax
- $16,808
Net pay
* $38,565
Marginal tax rate
36.0%
Average tax rate
30.4%
69.6%
Net pay
30.4%
Total tax
Total tax
Net pay
The Taxberg
$38,565
Net pay
$4,182
Tax the employer pays
$16,808
Tax you pay
Total tax paid
$20,990
Did you know your employer also pays tax on your salary? It costs the employer $4,182 to pay you $55,373. 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 30.4% tax rate now rises to 35.2%, meaning your real tax rate is actually 4.8% higher than what it seemed at first.
People also ask
$55,373 yearly is how much per hour?
$28.40 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $55,373 a year living in the region of Alberta, Canada, you will be taxed $16,808. That means that your net pay will be $38,565 per year, or $3,214 per month. Your average tax rate is 30.4% 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 41,432
25.2%
1
British Columbia
CAD 40,786
26.3%
2
Northwest Territories
CAD 40,410
27.0%
3
Yukon
CAD 40,368
27.1%
4
Ontario
CAD 40,141
27.5%
5
Quebec
CAD 38,658
30.2%
6
Alberta
CAD 38,565
30.4%
7
New Brunswick
CAD 38,306
30.8%
8
Newfoundland and Labrador
CAD 38,294
30.8%
9
Saskatchewan
CAD 38,134
31.1%
10
Manitoba
CAD 37,743
31.8%
11
Prince Edward Island
CAD 37,732
31.9%
12
Nova Scotia
CAD 37,599
32.1%
13
Show more
Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 48,175
13.0%
1
Switzerland
CAD 47,939
13.4%
2
Ireland
CAD 45,252
18.3%
3
Hungary
CAD 45,129
18.5%
4
Ukraine
CAD 44,575
19.5%
5
United Kingdom
CAD 44,447
19.7%
6
France
CAD 44,068
20.4%
7
Czech Republic
CAD 42,779
22.7%
8
Norway
CAD 42,407
23.4%
9
Spain
CAD 41,420
25.2%
10
Luxembourg
CAD 41,359
25.3%
11
Austria
CAD 39,709
28.3%
12
Sweden
CAD 39,129
29.3%
13
Greece
CAD 37,704
31.9%
14
Denmark
CAD 37,312
32.6%
15
Germany
CAD 36,529
34.0%
16
Poland
CAD 36,055
34.9%
17
Netherlands
CAD 34,846
37.1%
18
Italy
CAD 34,619
37.5%
19
Finland
CAD 34,386
37.9%
20
Portugal
CAD 33,102
40.2%
21
Romania
CAD 32,393
41.5%
22
Belgium
CAD 27,833
49.7%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 44,285
20.0%
1
Canada
CAD 40,141
27.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 50,703
8.4%
1
Taiwan
CAD 48,861
11.8%
2
Thailand
CAD 46,675
15.7%
3
South Korea
CAD 45,156
18.5%
4
Australia
CAD 44,978
18.8%
5
Kazakhstan
CAD 44,487
19.7%
6
New Zealand
CAD 43,786
20.9%
7
Singapore
CAD 42,776
22.8%
8
Indonesia
CAD 42,539
23.2%
9
Pakistan
CAD 42,104
24.0%
10
Japan
CAD 41,688
24.7%
11
Malaysia
CAD 41,051
25.9%
12
Philippines
CAD 40,197
27.4%
13
Vietnam
CAD 38,554
30.4%
14
China
CAD 36,624
33.9%
15
India
CAD 34,678
37.4%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 50,051
9.6%
1
Puerto Rico
CAD 47,354
14.5%
2
Costa Rica
CAD 47,014
15.1%
3
Ecuador
CAD 45,525
17.8%
4
Chile
CAD 45,093
18.6%
5
Panama
CAD 44,190
20.2%
6
Colombia
CAD 43,432
21.6%
7
Peru
CAD 41,748
24.6%
8
Mexico
CAD 41,169
25.7%
9
Brazil
CAD 40,928
26.1%
10
Uruguay
CAD 38,696
30.1%
11
Argentina
CAD 35,983
35.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
South Africa
CAD 41,020
25.9%
1
Angola
CAD 40,525
26.8%
2
Kenya
CAD 39,467
28.7%
3
Mozambique
CAD 39,073
29.4%
4
Ghana
CAD 38,019
31.3%
5
Nigeria
CAD 37,838
31.7%
6
Ivory Coast
CAD 37,260
32.7%
7
Morocco
CAD 36,703
33.7%
8
Cameroon
CAD 35,431
36.0%
9
Uganda
CAD 35,432
36.0%
10
Senegal
CAD 34,817
37.1%
11
Zambia
CAD 34,461
37.8%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 52,604
5.0%
1
Qatar
CAD 52,604
5.0%
2
Bahrain
CAD 50,943
8.0%
3
Oman
CAD 50,943
8.0%
4
Saudi Arabia
CAD 49,836
10.0%
5
Kuwait
CAD 49,282
11.0%
6
Israel
CAD 44,528
19.6%
7
Egypt
CAD 41,915
24.3%
8
Lebanon
CAD 41,793
24.5%
9
Turkey
CAD 32,517
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.