Alberta Income Tax Calculator 2024
Calculate your exact take-home pay after federal and Alberta provincial tax, CPP contributions, and EI premiums for the 2024 tax year.
| Gross income | $85,000 |
| Federal income tax | โ$11,133 |
| Alberta provincial tax | โ$6,400 |
| CPP contributions | โ$3,868 |
| EI premiums | โ$1,049 |
| Take-home pay | $62,551 |
Alberta Tax Facts
- โAlberta is the only province with no provincial sales tax (PST), making it the most tax-friendly for consumers.
- โThe Alberta basic personal amount of $21,003 is the highest in Canada.
- โAlberta's flat-rate starting bracket of 10% is highly competitive nationally.
- โAlberta's oil and gas industry means many residents earn above-average incomes.
Alberta Income Tax FAQ
What is the Alberta provincial tax rate for 2024?
Alberta's provincial tax starts at 10.0% on income above the basic personal amount of $21,003. The top rate is 15.00%. These rates are applied on top of federal income tax.
How much income tax will I pay in Alberta?
Your total tax in Alberta combines federal tax (15%โ33%) and Alberta provincial tax (10.0%โ15.0%), plus CPP (5.95%) and EI (1.66%) contributions. Use the calculator above for your exact take-home pay.
What is the basic personal amount in Alberta for 2024?
The Alberta basic personal amount for 2024 is $21,003. This means the first $21,003 of income is effectively tax-free at the provincial level. The federal basic personal amount is $15,705.
How do I calculate my take-home pay in Alberta?
To calculate take-home pay in Alberta: start with your gross income, subtract federal income tax, subtract Alberta provincial tax, subtract CPP contributions (5.95% up to $68,500), and subtract EI premiums (1.66% up to $63,200). The calculator above does all of this automatically.