Alberta
Tax Rates -> 2020 and 2021 Tax Rates -> Alberta Personal Income Tax Rates
Alberta 2021 and 2020 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 2021 by an indexation factor of 1.010.
The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.
As per the Alberta 2019 Budget, the Alberta brackets and tax credit amounts are not increased after 2019. If Alberta had not discontinued indexing, the Alberta tax brackets and personal amounts would have been increased for 2021 by an indexation factor of 1.013.
June 29, 2020 Recovery Plan indicates that the dividend tax credit rate for eligible dividends will be adjusted January 1, 2021 corresponding with the acceleration of the general corporate income tax rate reduction. The legislative change for this is included in Bill 35, Tax Statutes (Creating Jobs and Driving Innovation) Amendment Act, 2020, which received Royal Assent December 9, 2020. See the Alberta 2020 Recovery Plan for more information, or see Alberta dividend tax credits.
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.
| Alberta (AB) Personal Income Tax Brackets and Tax Rates | |||
| 2021 Taxable Income | 2021 Tax Rates | 2020 Taxable Income | 2020 Tax Rates |
| first $131,220 | 10% | first $131,220 | 10% |
| over $131,220 up to $157,464 | 12% | over $131,220 up to $157,464 | 12% |
| over $157,464 up to $209,952 | 13% | over $157,464 up to $209,952 | 13% |
| over $209,952 up to $314,928 | 14% | over $209,952 up to $314,928 | 14% |
| over $314,928 | 15% | over $314,928 | 15% |
| Combined Federal & Alberta Tax Brackets and Tax Rates | |||||||||
| 2021 Taxable Income | 2021 Marginal Tax Rates | 2020 Taxable Income | 2020 Marginal Tax Rates | ||||||
| Other Income |
Capital Gains |
Canadian Dividends | Other Income |
Capital Gains |
Canadian Dividends | ||||
| Eligible | Non-Eligible | Eligible | Non-Eligible | ||||||
| first $49,020 | 25.00% | 12.50% | 2.57% | 15.86% | first $48,535 | 25.00% | 12.50% | -0.03% | 15.86% |
| over $49,020 up to $98,040 | 30.50% | 15.25% | 10.16% | 22.18% | over $48,535 up to $97,069 | 30.50% | 15.25% | 7.56% | 22.18% |
| over $98,040 up to $131,220 | 36.00% | 18.00% | 17.75% | 28.51% | over $97,069 up to $131,220 | 36.00% | 18.00% | 15.15% | 28.51% |
| over $131,220 up to $151,978 | 38.00% | 19.00% | 20.51% | 30.81% | over $131,220 up to $150,473 | 38.00% | 19.00% | 17.91% | 30.81% |
| over $151,978 up to $157,464 | 41.32% | 20.66% | 25.09% | 34.63% | over $150,473 up to $157,464 | 41.22% | 20.61% | 22.35% | 34.51% |
| over $157,464 up to $209,952(1) | 42.32% | 21.16% | 26.47% | 35.78% | over $157,464 up to $209,952(1) | 42.22% | 21.11% | 23.73% | 35.66% |
| over $209,952 up to $216,511(1) | 43.32% | 21.66% | 27.85% | 36.93% | over $209,952 up to $214,368(1) | 43.22% | 21.61% | 25.11% | 36.81% |
| over $216,511 up to $314,928 | 47.00% | 23.50% | 32.93% | 41.16% | over $214,368 up to $314,928 | 47.00% | 23.50% | 30.33% | 41.16% |
| over $314,928 | 48.00% | 24.00% | 34.31% | 42.31% | over $314,928 | 48.00% | 24.00% | 31.71% | 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 | |||||||||
| 2021 Personal Amount | 2021 Tax Rate | 2020 Personal Amount | 2020 Tax Rate | ||||||
| $19,369 | 10% | $19,369 | 10% | ||||||
| Federal Basic Personal Amount | |||||||||
| 2021 Personal Amount (1) | 2021 Tax Rate | 2020 Personal Amount (1) | 2020 Tax Rate | ||||||
| $13,808 | 15% | $13,229 | 15% | ||||||
(1) See the federal tax rates page for information on the federal personal amount increase.
The marginal tax rates above have been adjusted to reflect these changes.
Copyright © 2002 Boat Harbour Investments Ltd.
Revised: October 26, 2023