Income tax calculator Alberta

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$70,720
Federal tax deduction
- $10,876
Provincial tax deduction
- $6,627
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $21,955
Net pay
* $48,765
Marginal tax rate
30.5%
Average tax rate
31.0%
69.0%
Net pay
31.0%
Total tax
Total tax
Net pay
The Taxberg
$48,765
Net pay
$4,834
Tax the employer pays
$21,955
Tax you pay
Total tax paid
$26,789
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $70,720. In other words, every time you spend $10 of your hard-earned money, $3.79 goes to the government.
Real tax rate
35.5%
So, with you and the employer both paying tax, what used to be a 31% tax rate now rises to 35.5%, meaning your real tax rate is actually 4.5% higher than what it seemed at first.
People also ask
$70,720 yearly is how much per hour?
$36.27 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $70,720 a year living in the region of Alberta, Canada, you will be taxed $21,955. That means that your net pay will be $48,765 per year, or $4,064 per month. Your average tax rate is 31.0% 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 $30.50, hence, your net pay will only increase by $69.50.
Bonus Example
A $1,000 bonus will generate an extra $695 of net incomes. A $5,000 bonus will generate an extra $3,475 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
$70,500
$71,000
$71,500
$72,000
$72,500
$73,000
$73,500
$74,000
$74,500
$75,000
$75,500
$76,000
$76,500
$77,000
$77,500
$78,000
$78,500
$79,000
$79,500
$80,000
Europe
Country 
Net pay
Average tax
Rank
Russia
CAD 61,526
13.0%
1
Switzerland
CAD 59,684
15.6%
2
Hungary
CAD 57,637
18.5%
3
Ukraine
CAD 56,930
19.5%
4
United Kingdom
CAD 54,691
22.7%
5
Czech Republic
CAD 54,136
23.5%
6
France
CAD 53,782
24.0%
7
Ireland
CAD 53,441
24.4%
8
Norway
CAD 52,536
25.7%
9
Spain
CAD 50,714
28.3%
10
Luxembourg
CAD 49,041
30.7%
11
Sweden
CAD 48,674
31.2%
12
Austria
CAD 48,359
31.6%
13
Denmark
CAD 47,636
32.6%
14
Greece
CAD 45,953
35.0%
15
Poland
CAD 44,548
37.0%
16
Netherlands
CAD 44,504
37.1%
17
Germany
CAD 44,411
37.2%
18
Finland
CAD 42,099
40.5%
19
Italy
CAD 41,482
41.3%
20
Romania
CAD 41,371
41.5%
21
Portugal
CAD 39,980
43.5%
22
Belgium
CAD 34,092
51.8%
23
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North America
Country 
Net pay
Average tax
Rank
USA
CAD 55,635
21.3%
1
Canada
CAD 50,419
28.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 63,274
10.5%
1
Taiwan
CAD 60,954
13.8%
2
Thailand
CAD 58,185
17.7%
3
Kazakhstan
CAD 56,918
19.5%
4
South Korea
CAD 56,654
19.9%
5
Australia
CAD 55,030
22.2%
6
Singapore
CAD 53,979
23.7%
7
New Zealand
CAD 53,937
23.7%
8
Indonesia
CAD 52,960
25.1%
9
Pakistan
CAD 52,200
26.2%
10
Japan
CAD 52,170
26.2%
11
Malaysia
CAD 51,002
27.9%
12
Philippines
CAD 50,223
29.0%
13
Vietnam
CAD 48,256
31.8%
14
China
CAD 47,278
33.2%
15
India
CAD 43,395
38.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 63,675
10.0%
1
Costa Rica
CAD 58,689
17.0%
2
Puerto Rico
CAD 58,510
17.3%
3
Chile
CAD 58,465
17.3%
4
Panama
CAD 55,800
21.1%
5
Ecuador
CAD 55,648
21.3%
6
Colombia
CAD 53,738
24.0%
7
Peru
CAD 52,825
25.3%
8
Brazil
CAD 52,054
26.4%
9
Mexico
CAD 51,402
27.3%
10
Uruguay
CAD 48,015
32.1%
11
Argentina
CAD 45,958
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 51,690
26.9%
1
South Africa
CAD 50,231
29.0%
2
Kenya
CAD 50,210
29.0%
3
Mozambique
CAD 49,049
30.6%
4
Nigeria
CAD 48,277
31.7%
5
Ghana
CAD 48,171
31.9%
6
Ivory Coast
CAD 46,779
33.9%
7
Morocco
CAD 46,003
35.0%
8
Cameroon
CAD 44,775
36.7%
9
Senegal
CAD 44,025
37.8%
10
Zambia
CAD 43,900
37.9%
11
Uganda
CAD 43,873
38.0%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 67,184
5.0%
1
Qatar
CAD 67,184
5.0%
2
Bahrain
CAD 65,062
8.0%
3
Oman
CAD 65,062
8.0%
4
Saudi Arabia
CAD 63,648
10.0%
5
Kuwait
CAD 62,941
11.0%
6
Israel
CAD 55,332
21.8%
7
Egypt
CAD 53,425
24.5%
8
Lebanon
CAD 53,304
24.6%
9
Turkey
CAD 41,455
41.4%
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.