2021 British Columbia Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$118,000.00
Salary
$118,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$32,315.47
Federal Tax
$19,723.85
Provincial Tax
$8,535.63
CPP Contributions
$3,166.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$889.54
Net Pay
$85,684.53
Marginal Tax Rate
40.7%
Average Tax Rate
23.95%
Comprehensive Deduction Rate
27.39%
Monthly Salary
Total Income
$9,833.33
Salary
$9,833.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,692.96
Federal Tax
$1,643.65
Provincial Tax
$711.30
CPP Contributions
$263.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$74.13
Net Pay
$7,140.38
Marginal Tax Rate
40.7%
Average Tax Rate
23.95%
Comprehensive Deduction Rate
27.39%
Biweekly Salary
Total Income
$4,538.46
Salary
$4,538.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,242.90
Federal Tax
$758.61
Provincial Tax
$328.29
CPP Contributions
$121.79
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$34.21
Net Pay
$3,295.56
Marginal Tax Rate
40.7%
Average Tax Rate
23.95%
Comprehensive Deduction Rate
27.39%
Weekly Salary
Total Income
$2,269.23
Salary
$2,269.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$621.45
Federal Tax
$379.30
Provincial Tax
$164.15
CPP Contributions
$60.89
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$17.11
Net Pay
$1,647.78
Marginal Tax Rate
40.7%
Average Tax Rate
23.95%
Comprehensive Deduction Rate
27.39%
Daily Salary
Total Income
$453.85
Salary
$453.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$124.29
Federal Tax
$75.86
Provincial Tax
$32.83
CPP Contributions
$12.18
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.42
Net Pay
$329.56
Marginal Tax Rate
40.7%
Average Tax Rate
23.95%
Comprehensive Deduction Rate
27.39%
Hourly Salary
Total Income
$60.51
Salary
$60.51
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$16.57
Federal Tax
$10.11
Provincial Tax
$4.38
CPP Contributions
$1.62
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.46
Net Pay
$43.94
Marginal Tax Rate
40.7%
Average Tax Rate
23.95%
Comprehensive Deduction Rate
27.39%
Federal and Provincial/Territorial Tax Brackets
Your taxable income in the following tax brackets.
| Federal Tax Bracket | Federal Tax Rates |
|---|---|
| $49,020.00 or less | 15% |
| $49,020.00 - $98,039.99 | 20.5% |
| $98,040.00 - $151,977.99 | 26% |
| $151,978.00 - $216,510.99 | 29% |
| More than $216,511.00 | 33% |
| British Columbia Tax Bracket | British Columbia Tax Rates |
|---|---|
| $42,184.00 or less | 5.06% |
| $42,184.00 - $84,368.99 | 7.7% |
| $84,369.00 - $96,865.99 | 10.5% |
| $96,866.00 - $117,622.99 | 12.29% |
| $117,623.00 - $159,782.99 | 14.7% |
| $159,783.00 - $222,419.99 | 16.8% |
| More than $222,420.00 | 20.5% |
Annual Income Tax by Province/Territory
Total Income
$118,000.00
Total Deductions
$30,306.92
Net Pay
$87,693.08
Average Tax Rate
22.25%
Comprehensive Deduction Rate
25.68%
Total Income
$118,000.00
Total Deductions
$32,281.87
Net Pay
$85,718.13
Average Tax Rate
23.92%
Comprehensive Deduction Rate
27.36%
Total Income
$118,000.00
Total Deductions
$32,315.47
Net Pay
$85,684.53
Average Tax Rate
23.95%
Comprehensive Deduction Rate
27.39%
Total Income
$118,000.00
Total Deductions
$32,642.20
Net Pay
$85,357.80
Average Tax Rate
24.23%
Comprehensive Deduction Rate
27.66%
Total Income
$118,000.00
Total Deductions
$33,237.34
Net Pay
$84,762.66
Average Tax Rate
24.73%
Comprehensive Deduction Rate
28.17%
Total Income
$118,000.00
Total Deductions
$34,957.43
Net Pay
$83,042.57
Average Tax Rate
26.19%
Comprehensive Deduction Rate
29.62%
Total Income
$118,000.00
Total Deductions
$35,486.33
Net Pay
$82,513.67
Average Tax Rate
26.64%
Comprehensive Deduction Rate
30.07%
Total Income
$118,000.00
Total Deductions
$38,042.34
Net Pay
$79,957.66
Average Tax Rate
28.8%
Comprehensive Deduction Rate
32.24%
Total Income
$118,000.00
Total Deductions
$38,155.16
Net Pay
$79,844.84
Average Tax Rate
28.9%
Comprehensive Deduction Rate
32.33%
Total Income
$118,000.00
Total Deductions
$38,753.70
Net Pay
$79,246.30
Average Tax Rate
29.4%
Comprehensive Deduction Rate
32.84%
Total Income
$118,000.00
Total Deductions
$39,189.90
Net Pay
$78,810.10
Average Tax Rate
29.77%
Comprehensive Deduction Rate
33.21%
Total Income
$118,000.00
Total Deductions
$39,714.84
Net Pay
$78,285.16
Average Tax Rate
30.22%
Comprehensive Deduction Rate
33.66%
Total Income
$118,000.00
Total Deductions
$40,859.45
Net Pay
$77,140.55
Average Tax Rate
30.8%
Comprehensive Deduction Rate
34.63%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $118,000.00 | $30,306.92 | $87,693.08 | 22.25% | 25.68% |
| Yukon | $118,000.00 | $32,281.87 | $85,718.13 | 23.92% | 27.36% |
| British Columbia | $118,000.00 | $32,315.47 | $85,684.53 | 23.95% | 27.39% |
| Northwest Territories | $118,000.00 | $32,642.20 | $85,357.80 | 24.23% | 27.66% |
| Alberta | $118,000.00 | $33,237.34 | $84,762.66 | 24.73% | 28.17% |
| Ontario | $118,000.00 | $34,957.43 | $83,042.57 | 26.19% | 29.62% |
| Saskatchewan | $118,000.00 | $35,486.33 | $82,513.67 | 26.64% | 30.07% |
| Newfoundland and Labrador | $118,000.00 | $38,042.34 | $79,957.66 | 28.8% | 32.24% |
| New Brunswick | $118,000.00 | $38,155.16 | $79,844.84 | 28.9% | 32.33% |
| Manitoba | $118,000.00 | $38,753.70 | $79,246.30 | 29.4% | 32.84% |
| Prince Edward Island | $118,000.00 | $39,189.90 | $78,810.10 | 29.77% | 33.21% |
| Nova Scotia | $118,000.00 | $39,714.84 | $78,285.16 | 30.22% | 33.66% |
| Quebec | $118,000.00 | $40,859.45 | $77,140.55 | 30.8% | 34.63% |
This tool was designed for approximation purposes only and should not be used to replace legal or accounting authority. For the purpose of simplifying the process, a number of variables have been assumed to calculate the figures included on this page. The results of this calculator should not be relied upon for determining career and/or tax decisions.
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