$59,020 income tax calculator 2025 - Alberta

Salary rate

Annual

Month

Biweekly

Weekly

Day

Hour

Withholding

Salary

$59,020

Federal tax deduction

- $8,530

Provincial tax deduction

- $5,492

CPP deduction

- $3,165

EI deduction

- $933

Total tax

- $18,120

Net pay

* $40,900

Marginal tax rate

36.0%

Average tax rate

30.7%

69.3%

Net pay

30.7%

Total tax

Net pay

The Taxberg

$40,900

Net pay

$4,470

Tax the employer pays

$18,120

Tax you pay

Total tax paid

$22,590

Did you know your employer also pays tax on your salary? It costs the employer $4,470 to pay you $59,020. In other words, every time you spend $10 of your hard-earned money, $3.83 goes to the government.

Real tax rate

35.6%

So, with you and the employer both paying tax, what used to be a 30.7% tax rate now rises to 35.6%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.

People also ask

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Summary

If you make $59,020 a year living in the region of Alberta, Canada, you will be taxed $18,120. That means that your net pay will be $40,900 per year, or $3,408 per month. Your average tax rate is 30.7% 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

Newfoundland and Labrador

Northwest Territories

Tax per income

Tax per region

Nunavut

CAD 43,861

25.7%

1

British Columbia

CAD 43,192

26.8%

2

Northwest Territories

CAD 42,785

27.5%

3

Yukon

CAD 42,730

27.6%

4

Ontario

CAD 42,494

28.0%

5

Alberta

CAD 40,900

30.7%

6

Quebec

CAD 40,701

31.0%

7

New Brunswick

CAD 40,464

31.4%

8

Newfoundland and Labrador

CAD 40,462

31.4%

9

Saskatchewan

CAD 40,380

31.6%

10

Manitoba

CAD 39,981

32.3%

11

Prince Edward Island

CAD 39,928

32.3%

12

Nova Scotia

CAD 39,741

32.7%

13

Europe

Russia

CAD 51,347

13.0%

1

Switzerland

CAD 50,759

14.0%

2

Hungary

CAD 48,101

18.5%

3

Ukraine

CAD 47,511

19.5%

4

Ireland

CAD 47,392

19.7%

5

United Kingdom

CAD 46,881

20.6%

6

France

CAD 46,376

21.4%

7

Czech Republic

CAD 45,478

22.9%

8

Norway

CAD 44,814

24.1%

9

Spain

CAD 43,777

25.8%

10

Luxembourg

CAD 43,370

26.5%

11

Austria

CAD 41,842

29.1%

12

Sweden

CAD 41,682

29.4%

13

Denmark

CAD 39,766

32.6%

14

Greece

CAD 39,708

32.7%

15

Germany

CAD 38,460

34.8%

16

Poland

CAD 37,953

35.7%

17

Netherlands

CAD 37,141

37.1%

18

Finland

CAD 36,239

38.6%

19

Italy

CAD 36,036

38.9%

20

Portugal

CAD 34,822

41.0%

21

Romania

CAD 34,527

41.5%

22

Belgium

CAD 29,335

50.3%

23

North America

USA

CAD 46,983

20.4%

1

Canada

CAD 42,494

28.0%

2

Asia / Pacific

Hong Kong

CAD 53,686

9.0%

1

Taiwan

CAD 51,775

12.3%

2

Thailand

CAD 49,410

16.3%

3

South Korea

CAD 47,947

18.8%

4

Kazakhstan

CAD 47,441

19.6%

5

Australia

CAD 47,366

19.8%

6

New Zealand

CAD 46,261

21.6%

7

Singapore

CAD 45,437

23.0%

8

Indonesia

CAD 45,016

23.7%

9

Pakistan

CAD 44,565

24.5%

10

Japan

CAD 44,173

25.2%

11

Malaysia

CAD 43,402

26.5%

12

Philippines

CAD 42,579

27.9%

13

Vietnam

CAD 40,816

30.8%

14

China

CAD 38,885

34.1%

15

India

CAD 36,749

37.7%

16

Latin America

Guatemala

CAD 53,320

9.7%

1

Puerto Rico

CAD 50,211

14.9%

2

Costa Rica

CAD 49,788

15.6%

3

Chile

CAD 48,379

18.0%

4

Ecuador

CAD 48,167

18.4%

5

Panama

CAD 46,949

20.5%

6

Colombia

CAD 45,985

22.1%

7

Peru

CAD 44,396

24.8%

8

Mexico

CAD 43,620

26.1%

9

Brazil

CAD 43,572

26.2%

10

Uruguay

CAD 40,910

30.7%

11

Argentina

CAD 38,353

35.0%

12

Africa

South Africa

CAD 43,245

26.7%

1

Angola

CAD 43,178

26.8%

2

Kenya

CAD 42,020

28.8%

3

Mozambique

CAD 41,444

29.8%

4

Ghana

CAD 40,431

31.5%

5

Nigeria

CAD 40,319

31.7%

6

Ivory Coast

CAD 39,518

33.0%

7

Morocco

CAD 38,913

34.1%

8

Cameroon

CAD 37,651

36.2%

9

Uganda

CAD 37,438

36.6%

10

Senegal

CAD 37,005

37.3%

11

Zambia

CAD 36,704

37.8%

12

Middle East

United Arab Emirates

CAD 56,069

5.0%

1

Qatar

CAD 56,069

5.0%

2

Bahrain

CAD 54,298

8.0%

3

Oman

CAD 54,298

8.0%

4

Saudi Arabia

CAD 53,118

10.0%

5

Kuwait

CAD 52,528

11.0%

6

Israel

CAD 47,095

20.2%

7

Egypt

CAD 44,650

24.4%

8

Lebanon

CAD 44,529

24.6%

9

Turkey

CAD 34,641

41.3%

10

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.

Income tax calculator Alberta

Find out how much your salary is after tax