2023 British Columbia Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$122,400.00
Salary
$122,400.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$33,296.31
Federal Tax
$19,965.99
Provincial Tax
$8,573.42
CPP Contributions
$3,754.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,002.45
Net Pay
$89,103.69
Marginal Tax Rate
38.29%
Average Tax Rate
23.32%
Comprehensive Deduction Rate
27.2%
Monthly Salary
Total Income
$10,200.00
Salary
$10,200.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,774.69
Federal Tax
$1,663.83
Provincial Tax
$714.45
CPP Contributions
$312.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$83.54
Net Pay
$7,425.31
Marginal Tax Rate
38.29%
Average Tax Rate
23.32%
Comprehensive Deduction Rate
27.2%
Biweekly Salary
Total Income
$4,707.69
Salary
$4,707.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,280.63
Federal Tax
$767.92
Provincial Tax
$329.75
CPP Contributions
$144.40
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$38.56
Net Pay
$3,427.07
Marginal Tax Rate
38.29%
Average Tax Rate
23.32%
Comprehensive Deduction Rate
27.2%
Weekly Salary
Total Income
$2,353.85
Salary
$2,353.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$640.31
Federal Tax
$383.96
Provincial Tax
$164.87
CPP Contributions
$72.20
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.28
Net Pay
$1,713.53
Marginal Tax Rate
38.29%
Average Tax Rate
23.32%
Comprehensive Deduction Rate
27.2%
Daily Salary
Total Income
$470.77
Salary
$470.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$128.06
Federal Tax
$76.79
Provincial Tax
$32.97
CPP Contributions
$14.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.86
Net Pay
$342.71
Marginal Tax Rate
38.29%
Average Tax Rate
23.32%
Comprehensive Deduction Rate
27.2%
Hourly Salary
Total Income
$62.77
Salary
$62.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$17.08
Federal Tax
$10.24
Provincial Tax
$4.40
CPP Contributions
$1.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.51
Net Pay
$45.69
Marginal Tax Rate
38.29%
Average Tax Rate
23.32%
Comprehensive Deduction Rate
27.2%
Federal and Provincial/Territorial Tax Brackets
Your taxable income in the following tax brackets.
| Federal Tax Bracket | Federal Tax Rates |
|---|---|
| $53,359.00 or less | 15% |
| $53,359.00 - $106,716.99 | 20.5% |
| $106,717.00 - $165,429.99 | 26% |
| $165,430.00 - $235,674.99 | 29% |
| More than $235,675.00 | 33% |
| British Columbia Tax Bracket | British Columbia Tax Rates |
|---|---|
| $45,654.00 or less | 5.06% |
| $45,654.00 - $91,309.99 | 7.7% |
| $91,310.00 - $104,834.99 | 10.5% |
| $104,835.00 - $127,298.99 | 12.29% |
| $127,299.00 - $172,601.99 | 14.7% |
| $172,602.00 - $240,715.99 | 16.8% |
| More than $240,716.00 | 20.5% |
Annual Income Tax by Province/Territory
Total Income
$122,400.00
Total Deductions
$31,282.79
Net Pay
$91,117.21
Average Tax Rate
21.67%
Comprehensive Deduction Rate
25.56%
Total Income
$122,400.00
Total Deductions
$33,296.31
Net Pay
$89,103.69
Average Tax Rate
23.32%
Comprehensive Deduction Rate
27.2%
Total Income
$122,400.00
Total Deductions
$33,316.98
Net Pay
$89,083.02
Average Tax Rate
23.33%
Comprehensive Deduction Rate
27.22%
Total Income
$122,400.00
Total Deductions
$33,630.00
Net Pay
$88,770.00
Average Tax Rate
23.59%
Comprehensive Deduction Rate
27.48%
Total Income
$122,400.00
Total Deductions
$34,417.34
Net Pay
$87,982.66
Average Tax Rate
24.23%
Comprehensive Deduction Rate
28.12%
Total Income
$122,400.00
Total Deductions
$35,748.15
Net Pay
$86,651.85
Average Tax Rate
25.32%
Comprehensive Deduction Rate
29.21%
Total Income
$122,400.00
Total Deductions
$36,706.96
Net Pay
$85,693.04
Average Tax Rate
26.1%
Comprehensive Deduction Rate
29.99%
Total Income
$122,400.00
Total Deductions
$38,613.30
Net Pay
$83,786.70
Average Tax Rate
27.66%
Comprehensive Deduction Rate
31.55%
Total Income
$122,400.00
Total Deductions
$39,289.49
Net Pay
$83,110.51
Average Tax Rate
28.21%
Comprehensive Deduction Rate
32.1%
Total Income
$122,400.00
Total Deductions
$39,498.62
Net Pay
$82,901.38
Average Tax Rate
28.38%
Comprehensive Deduction Rate
32.27%
Total Income
$122,400.00
Total Deductions
$40,736.79
Net Pay
$81,663.21
Average Tax Rate
29.4%
Comprehensive Deduction Rate
33.28%
Total Income
$122,400.00
Total Deductions
$41,393.03
Net Pay
$81,006.97
Average Tax Rate
29.93%
Comprehensive Deduction Rate
33.82%
Total Income
$122,400.00
Total Deductions
$41,999.78
Net Pay
$80,400.22
Average Tax Rate
30.01%
Comprehensive Deduction Rate
34.31%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $122,400.00 | $31,282.79 | $91,117.21 | 21.67% | 25.56% |
| British Columbia | $122,400.00 | $33,296.31 | $89,103.69 | 23.32% | 27.2% |
| Yukon | $122,400.00 | $33,316.98 | $89,083.02 | 23.33% | 27.22% |
| Northwest Territories | $122,400.00 | $33,630.00 | $88,770.00 | 23.59% | 27.48% |
| Alberta | $122,400.00 | $34,417.34 | $87,982.66 | 24.23% | 28.12% |
| Ontario | $122,400.00 | $35,748.15 | $86,651.85 | 25.32% | 29.21% |
| Saskatchewan | $122,400.00 | $36,706.96 | $85,693.04 | 26.1% | 29.99% |
| New Brunswick | $122,400.00 | $38,613.30 | $83,786.70 | 27.66% | 31.55% |
| Newfoundland and Labrador | $122,400.00 | $39,289.49 | $83,110.51 | 28.21% | 32.1% |
| Manitoba | $122,400.00 | $39,498.62 | $82,901.38 | 28.38% | 32.27% |
| Prince Edward Island | $122,400.00 | $40,736.79 | $81,663.21 | 29.4% | 33.28% |
| Nova Scotia | $122,400.00 | $41,393.03 | $81,006.97 | 29.93% | 33.82% |
| Quebec | $122,400.00 | $41,999.78 | $80,400.22 | 30.01% | 34.31% |
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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