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Home  ->  Alberta

Tax Rates   ->   2021 and 2022 Tax Rates  -> Alberta Personal Income Tax Rates

Alberta 2022 and 2021 Personal Marginal Income Tax Rates

Alberta Personal Income Tax Act s. 6.1, 8, 21, 44

The Federal tax brackets and personal tax credit amounts are increased for 2022 by an indexation factor of 1.024 (a 2.4% increase).  On August 31, 2022, Premier Jason Kenney announced that indexation of the personal tax system will be restored, retroactive to January 1, 2022.  The tables below have been updated using an indexation factor of 1.023 (a 2.3% increase).

The federal indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency (CRA) information.  The Alberta factors and brackets have not yet been confirmed to CRA information.

Tax Tip: read the article Understanding the Tables of Personal Income Tax Rates, especially if you are trying to compare the rates below to the marginal tax rates in the Basic Tax Calculator.

TaxTips.ca - Alberta (AB) Personal Income Tax Brackets and Tax Rates
2022 Taxable Income 2022 Tax Rates 2021 Taxable Income 2021 Tax Rates
first $134,238 10% first $131,220 10%
over $134,238 up to $161,086 12% over $131,220 up to $157,464 12%
over $161,086 up to $214,781 13% over $157,464 up to $209,952 13%
over $214,781 up to $322,171 14% over $209,952 up to $314,928 14%
over $322,171 15% over $314,928 15%

 

TaxTips.ca - Combined Federal & Alberta Tax Brackets and Tax Rates
2022 Taxable Income AB 2022 Marginal Tax Rates 2021 Taxable Income AB 2021 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $50,197 25.00% 12.50% 2.57% 15.86% first $49,020 25.00% 12.50% 2.57% 15.86%
over $50,197 up to $100,392 30.50% 15.25% 10.16% 22.18% over $49,020 up to $98,040 30.50% 15.25% 10.16% 22.18%
over $100,392 up to $134,238 36.00% 18.00% 17.75% 28.51% over $98,040 up to $131,220 36.00% 18.00% 17.75% 28.51%
over $134,238 up to $155,625 38.00% 19.00% 20.51% 30.81% over $131,220 up to $151,978 38.00% 19.00% 20.51% 30.81%
over $155,625 up to $161,086 41.38% 20.69% 25.17% 34.70% over $151,978 up to $157,464 41.32% 20.66% 25.09% 34.63%
over $161,086 up to $214,781 42.38% 21.19% 26.55% 35.85% over $157,464 up to $209,952 42.32% 21.16% 26.47% 35.78%
over $214,781 up to $221,708 43.38% 21.69% 27.93% 37.00% over $209,952 up to $216,511 43.32% 21.66% 27.85% 36.93%
over $221,708 up to $322,171 47.00% 23.50% 32.93% 41.16% over $216,511 up to $314,928 47.00% 23.50% 32.93% 41.16%
over $322,171 48.00% 24.00% 34.31% 42.31% over $314,928 48.00% 24.00% 34.31% 42.31%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up taxable amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 15%.
For more information see Alberta dividend tax credits.
Alberta Basic Personal Amount
2022 Personal Amount 2022 Tax Rate 2021 Personal Amount 2021 Tax Rate
$19,814 10% $19,369 10%
Federal Basic Personal Amount
2022 Personal Amount (1) 2022 Tax Rate 2021 Personal Amount (1) 2021 Tax Rate
$14,398 15% $13,808 15%

(1) See the federal tax rates page for information on the enhanced federal personal amount, which increases the marginal tax rates for taxable incomes in the second highest federal tax bracket.  The marginal tax rates in blue above have been adjusted to reflect these changes.

Copyright © 2002 Boat Harbour Investments Ltd.

Revised: October 26, 2023

 

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