๐Ÿ Alberta ยท Income Tax

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.

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Annual income in Alberta
$
$0$500k
Take-home (annual)
$62,551
Monthly take-home
$5,213
Effective tax rate
26.4%
Marginal rate
30.5%
Gross income$85,000
Federal income taxโ€“$11,133
Alberta provincial taxโ€“$6,400
CPP contributionsโ€“$3,868
EI premiumsโ€“$1,049
Take-home pay$62,551
Monthly
$5,213
Bi-weekly
$2,406
Weekly
$1,203
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Alberta Tax Facts

Note: Alberta has the highest basic personal amount in Canada at $21,003 and no provincial sales tax (PST).

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%โ€“33%) and Alberta provincial tax (10.0%โ€“15.0%), 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.

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