Income tax calculator Alberta

Find out how much your salary is after tax

Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$88,738
Federal tax deduction
- $14,569
Provincial tax deduction
- $8,429
CPP deduction
- $3,500
EI deduction
- $953
Total tax
- $27,450
Net pay
* $61,288
Marginal tax rate
30.5%
Average tax rate
30.9%
69.1%
Net pay
30.9%
Total tax
Total tax
Net pay
The Taxberg
$61,288
Net pay
$4,834
Tax the employer pays
$27,450
Tax you pay
Total tax paid
$32,284
Did you know your employer also pays tax on your salary? It costs the employer $4,834 to pay you $88,738. In other words, every time you spend $10 of your hard-earned money, $3.64 goes to the government.
Real tax rate
34.5%
So, with you and the employer both paying tax, what used to be a 30.9% tax rate now rises to 34.5%, meaning your real tax rate is actually 3.6% higher than what it seemed at first.
People also ask
$88,738 yearly is how much per hour?
$45.51 hourly is how much per year?
What is the average salary in Canada?
Summary
If you make $88,738 a year living in the region of Alberta, Canada, you will be taxed $27,450. That means that your net pay will be $61,288 per year, or $5,107 per month. Your average tax rate is 30.9% 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
$88,500
$89,000
$89,500
$90,000
$90,500
$91,000
$91,500
$92,000
$92,500
$93,000
$93,500
$94,000
$94,500
$95,000
$95,500
$96,000
$96,500
$97,000
$97,500
$98,000
Tax per region
Region
Net pay
Average tax
Rank
Nunavut
CAD 65,119
26.6%
1
British Columbia
CAD 64,165
27.7%
2
Northwest Territories
CAD 63,574
28.4%
3
Yukon
CAD 63,402
28.6%
4
Ontario
CAD 62,765
29.3%
5
Alberta
CAD 61,288
30.9%
6
Saskatchewan
CAD 60,026
32.4%
7
New Brunswick
CAD 59,414
33.0%
8
Newfoundland and Labrador
CAD 59,371
33.1%
9
Manitoba
CAD 58,889
33.6%
10
Quebec
CAD 58,937
33.6%
11
Prince Edward Island
CAD 58,467
34.1%
12
Nova Scotia
CAD 58,156
34.5%
13
Show more
North America
Country 
Net pay
Average tax
Rank
USA
CAD 67,738
23.7%
1
Canada
CAD 62,765
29.3%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
CAD 79,623
10.3%
1
Chile
CAD 73,096
17.6%
2
Costa Rica
CAD 72,072
18.8%
3
Puerto Rico
CAD 70,645
20.4%
4
Panama
CAD 68,504
22.8%
5
Ecuador
CAD 68,169
23.2%
6
Peru
CAD 65,330
26.4%
7
Colombia
CAD 65,174
26.6%
8
Brazil
CAD 65,117
26.6%
9
Uruguay
CAD 64,679
27.1%
10
Mexico
CAD 63,133
28.9%
11
Argentina
CAD 57,670
35.0%
12
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.