2024 British Columbia Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$118,799.98
Salary
$118,799.98
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$31,423.78
Federal Tax
$18,500.49
Provincial Tax
$7,818.67
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$87,376.20
Marginal Tax Rate
38.29%
Average Tax Rate
22.15%
Comprehensive Deduction Rate
26.45%
Monthly Salary
Total Income
$9,900.00
Salary
$9,900.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,618.65
Federal Tax
$1,541.71
Provincial Tax
$651.56
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$7,281.35
Marginal Tax Rate
38.29%
Average Tax Rate
22.15%
Comprehensive Deduction Rate
26.45%
Biweekly Salary
Total Income
$4,569.23
Salary
$4,569.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,208.61
Federal Tax
$711.56
Provincial Tax
$300.72
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$3,360.62
Marginal Tax Rate
38.29%
Average Tax Rate
22.15%
Comprehensive Deduction Rate
26.45%
Weekly Salary
Total Income
$2,284.62
Salary
$2,284.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$604.30
Federal Tax
$355.78
Provincial Tax
$150.36
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,680.31
Marginal Tax Rate
38.29%
Average Tax Rate
22.15%
Comprehensive Deduction Rate
26.45%
Daily Salary
Total Income
$456.92
Salary
$456.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$120.86
Federal Tax
$71.16
Provincial Tax
$30.07
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$336.06
Marginal Tax Rate
38.29%
Average Tax Rate
22.15%
Comprehensive Deduction Rate
26.45%
Hourly Salary
Total Income
$60.92
Salary
$60.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$16.11
Federal Tax
$9.49
Provincial Tax
$4.01
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$44.81
Marginal Tax Rate
38.29%
Average Tax Rate
22.15%
Comprehensive Deduction Rate
26.45%
Federal and Provincial/Territorial Tax Brackets
Your taxable income in the following tax brackets.
Federal Tax Bracket | Federal Tax Rates |
---|---|
$55,867.00 or less | 15% |
$55,867.00 - $111,732.99 | 20.5% |
$111,733.00 - $173,204.99 | 26% |
$173,205.00 - $246,751.99 | 29% |
More than $246,752.00 | 33% |
British Columbia Tax Bracket | British Columbia Tax Rates |
---|---|
$47,937.00 or less | 5.06% |
$47,937.00 - $95,874.99 | 7.7% |
$95,875.00 - $110,075.99 | 10.5% |
$110,076.00 - $133,663.99 | 12.29% |
$133,664.00 - $181,231.99 | 14.7% |
$181,232.00 - $252,751.99 | 16.8% |
More than $252,752.00 | 20.5% |
Income taxes on annual salaries
Annual Income Tax by Province/Territory
Total Income
$118,799.98
Total Deductions
$29,639.33
Net Pay
$89,160.65
Average Tax Rate
20.65%
Comprehensive Deduction Rate
24.95%
Total Income
$118,799.98
Total Deductions
$31,423.78
Net Pay
$87,376.20
Average Tax Rate
22.15%
Comprehensive Deduction Rate
26.45%
Total Income
$118,799.98
Total Deductions
$31,597.52
Net Pay
$87,202.46
Average Tax Rate
22.3%
Comprehensive Deduction Rate
26.6%
Total Income
$118,799.98
Total Deductions
$31,802.00
Net Pay
$86,997.98
Average Tax Rate
22.47%
Comprehensive Deduction Rate
26.77%
Total Income
$118,799.98
Total Deductions
$32,851.36
Net Pay
$85,948.62
Average Tax Rate
23.36%
Comprehensive Deduction Rate
27.65%
Total Income
$118,799.98
Total Deductions
$33,524.35
Net Pay
$85,275.63
Average Tax Rate
23.92%
Comprehensive Deduction Rate
28.22%
Total Income
$118,799.98
Total Deductions
$35,005.03
Net Pay
$83,794.95
Average Tax Rate
25.17%
Comprehensive Deduction Rate
29.47%
Total Income
$118,799.98
Total Deductions
$36,524.20
Net Pay
$82,275.78
Average Tax Rate
26.45%
Comprehensive Deduction Rate
30.74%
Total Income
$118,799.98
Total Deductions
$36,672.43
Net Pay
$82,127.55
Average Tax Rate
26.57%
Comprehensive Deduction Rate
30.87%
Total Income
$118,799.98
Total Deductions
$37,417.97
Net Pay
$81,382.01
Average Tax Rate
27.2%
Comprehensive Deduction Rate
31.5%
Total Income
$118,799.98
Total Deductions
$38,570.76
Net Pay
$80,229.22
Average Tax Rate
28.17%
Comprehensive Deduction Rate
32.47%
Total Income
$118,799.98
Total Deductions
$38,775.36
Net Pay
$80,024.62
Average Tax Rate
27.89%
Comprehensive Deduction Rate
32.64%
Total Income
$118,799.98
Total Deductions
$39,645.25
Net Pay
$79,154.73
Average Tax Rate
29.07%
Comprehensive Deduction Rate
33.37%
Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
---|---|---|---|---|---|
Nunavut | $118,799.98 | $29,639.33 | $89,160.65 | 20.65% | 24.95% |
British Columbia | $118,799.98 | $31,423.78 | $87,376.20 | 22.15% | 26.45% |
Yukon | $118,799.98 | $31,597.52 | $87,202.46 | 22.3% | 26.6% |
Northwest Territories | $118,799.98 | $31,802.00 | $86,997.98 | 22.47% | 26.77% |
Alberta | $118,799.98 | $32,851.36 | $85,948.62 | 23.36% | 27.65% |
Ontario | $118,799.98 | $33,524.35 | $85,275.63 | 23.92% | 28.22% |
Saskatchewan | $118,799.98 | $35,005.03 | $83,794.95 | 25.17% | 29.47% |
Manitoba | $118,799.98 | $36,524.20 | $82,275.78 | 26.45% | 30.74% |
New Brunswick | $118,799.98 | $36,672.43 | $82,127.55 | 26.57% | 30.87% |
Newfoundland and Labrador | $118,799.98 | $37,417.97 | $81,382.01 | 27.2% | 31.5% |
Prince Edward Island | $118,799.98 | $38,570.76 | $80,229.22 | 28.17% | 32.47% |
Quebec | $118,799.98 | $38,775.36 | $80,024.62 | 27.89% | 32.64% |
Nova Scotia | $118,799.98 | $39,645.25 | $79,154.73 | 29.07% | 33.37% |
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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