Income tax calculator Alberta

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$72,048
Federal tax deduction
- $11,148
Provincial tax deduction
- $6,760
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $22,360
Net pay
* $49,688
Marginal tax rate
30.5%
Average tax rate
31.0%
69.0%
Net pay
31.0%
Total tax
Total tax
Net pay
The Taxberg
$49,688
Net pay
$4,834
Tax the employer pays
$22,360
Tax you pay
Total tax paid
$27,194
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $72,048. In other words, every time you spend $10 of your hard-earned money, $3.77 goes to the government.
Real tax rate
35.4%
So, with you and the employer both paying tax, what used to be a 31% tax rate now rises to 35.4%, meaning your real tax rate is actually 4.4% higher than what it seemed at first.
People also ask
$72,048 yearly is how much per hour?
$36.95 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $72,048 a year living in the region of Alberta, Canada, you will be taxed $22,360. That means that your net pay will be $49,688 per year, or $4,141 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
$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
$80,500
$81,000
$81,500
$82,000
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 53,018
26.4%
1
British Columbia
CAD 52,262
27.5%
2
Northwest Territories
CAD 51,741
28.2%
3
Yukon
CAD 51,636
28.3%
4
Ontario
CAD 51,314
28.8%
5
Alberta
CAD 49,688
31.0%
6
Saskatchewan
CAD 48,844
32.2%
7
New Brunswick
CAD 48,622
32.5%
8
Newfoundland and Labrador
CAD 48,659
32.5%
9
Quebec
CAD 48,507
32.7%
10
Manitoba
CAD 48,402
32.8%
11
Prince Edward Island
CAD 47,986
33.4%
12
Nova Scotia
CAD 47,670
33.8%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 56,610
21.4%
1
Canada
CAD 51,314
28.8%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
CAD 64,376
10.7%
1
Taiwan
CAD 61,995
14.0%
2
Thailand
CAD 59,181
17.9%
3
Kazakhstan
CAD 57,994
19.5%
4
South Korea
CAD 57,602
20.1%
5
Australia
CAD 55,900
22.4%
6
Singapore
CAD 54,950
23.7%
7
New Zealand
CAD 54,809
23.9%
8
Indonesia
CAD 53,862
25.2%
9
Japan
CAD 53,140
26.2%
10
Pakistan
CAD 53,063
26.4%
11
Malaysia
CAD 51,873
28.0%
12
Philippines
CAD 51,091
29.1%
13
Vietnam
CAD 49,119
31.8%
14
China
CAD 48,942
32.1%
15
India
CAD 44,149
38.7%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 64,851
10.0%
1
Costa Rica
CAD 59,699
17.1%
2
Chile
CAD 59,613
17.3%
3
Puerto Rico
CAD 59,404
17.6%
4
Panama
CAD 56,805
21.2%
5
Ecuador
CAD 56,550
21.5%
6
Colombia
CAD 54,578
24.3%
7
Peru
CAD 53,755
25.4%
8
Brazil
CAD 53,017
26.4%
9
Mexico
CAD 52,268
27.5%
10
Uruguay
CAD 48,821
32.2%
11
Argentina
CAD 46,822
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
CAD 52,656
26.9%
1
Kenya
CAD 51,139
29.0%
2
South Africa
CAD 51,015
29.2%
3
Mozambique
CAD 49,912
30.7%
4
Nigeria
CAD 49,180
31.7%
5
Ghana
CAD 49,049
31.9%
6
Ivory Coast
CAD 47,628
33.9%
7
Morocco
CAD 46,808
35.0%
8
Cameroon
CAD 45,583
36.7%
9
Senegal
CAD 44,822
37.8%
10
Zambia
CAD 44,716
37.9%
11
Uganda
CAD 44,603
38.1%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
CAD 68,446
5.0%
1
Qatar
CAD 68,446
5.0%
2
Bahrain
CAD 66,284
8.0%
3
Oman
CAD 66,284
8.0%
4
Saudi Arabia
CAD 64,843
10.0%
5
Kuwait
CAD 64,123
11.0%
6
Israel
CAD 56,205
22.0%
7
Egypt
CAD 54,421
24.5%
8
Lebanon
CAD 54,300
24.6%
9
Turkey
CAD 42,228
41.4%
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.