Income Tax Calculator Alberta

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary $59,500

EI deduction - $940

CPP deduction - $3,192

Federal tax deduction - $8,624

Provincial tax deduction - $5,537

Total tax - $18,293

Net pay * $41,207

Marginal tax rate 36.0%

Average tax rate 30.7%

30.7%Total tax

69.3%

Net pay

The Taxberg

$41,207

Net pay

$4,508

Tax the employer pays

$18,293

Tax you pay

Total tax paid

$22,801

Did you know your employer also pays tax on your salary? It costs the employer $4,508 to pay you $59,500. 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.

Summary

If you make $59,500 a year living in the region of Alberta, Canada, you will be taxed $18,293. That means that your net pay will be $41,207 per year, or $3,434 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 $36, hence, your net pay will only increase by $64.

Bonus Example

A $1,000 bonus will generate an extra $640 of net incomes. A $5,000 bonus will generate an extra $3,200 of net incomes.

Province

AlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland and LabradorNorthwest TerritoriesNova ScotiaNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon

Tax per income

$59,500$60,000$60,500$61,000$61,500$62,000$62,500$63,000$63,500$64,000$64,500$65,000$65,500$66,000$66,500$67,000$67,500$68,000$68,500$69,000

Tax per region

Country	Net pay	Average tax	Rank
Nunavut	CAD 44,181	25.7%	1
British Columbia	CAD 43,509	26.9%	2
Northwest Territories	CAD 43,098	27.6%	3
Manitoba	CAD 40,275	32.3%	11
Prince Edward Island	CAD 40,217	32.4%	12
Nova Scotia	CAD 40,023	32.7%	13

NOTE* Withholding is calculated based on the Alberta tables of CA, 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.