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2024 British Columbia Income Tax Calculator

Calculate your take-home pay after tax.

Your Results

Yearly Salary
Total Income $123,000.00
Salary $123,000.00
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $33,031.96
Federal Tax $19,592.49
Provincial Tax $8,334.85
CPP Contributions $4,055.50
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $1,049.12
Net Pay $89,968.04
Marginal Tax Rate 38.29%
Average Tax Rate 22.71%
Comprehensive Deduction Rate 26.86%
$123,000.00 a year is how much per hour?
What is the minimum wage in British Columbia in 2025?
Monthly Salary
Total Income $10,250.00
Salary $10,250.00
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $2,752.66
Federal Tax $1,632.71
Provincial Tax $694.57
CPP Contributions $337.96
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $87.43
Net Pay $7,497.34
Marginal Tax Rate 38.29%
Average Tax Rate 22.71%
Comprehensive Deduction Rate 26.86%
$10,250.00 a month is how much per year?
What is the minimum wage in British Columbia in 2025?
Biweekly Salary
Total Income $4,730.77
Salary $4,730.77
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $1,270.46
Federal Tax $753.56
Provincial Tax $320.57
CPP Contributions $155.98
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $40.35
Net Pay $3,460.31
Marginal Tax Rate 38.29%
Average Tax Rate 22.71%
Comprehensive Deduction Rate 26.86%
$4,730.77 per two weeks is how much per year?
What is the minimum wage in British Columbia in 2025?
Weekly Salary
Total Income $2,365.38
Salary $2,365.38
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $635.23
Federal Tax $376.78
Provincial Tax $160.29
CPP Contributions $77.99
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $20.18
Net Pay $1,730.15
Marginal Tax Rate 38.29%
Average Tax Rate 22.71%
Comprehensive Deduction Rate 26.86%
$2,365.38 a week is how much per year?
What is the minimum wage in British Columbia in 2025?
Daily Salary
Total Income $473.08
Salary $473.08
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $127.05
Federal Tax $75.36
Provincial Tax $32.06
CPP Contributions $15.60
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $4.04
Net Pay $346.03
Marginal Tax Rate 38.29%
Average Tax Rate 22.71%
Comprehensive Deduction Rate 26.86%
$473.08 a day is how much per year?
What is the minimum wage in British Columbia in 2025?
Hourly Salary
Total Income $63.08
Salary $63.08
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $16.94
Federal Tax $10.05
Provincial Tax $4.27
CPP Contributions $2.08
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $0.54
Net Pay $46.14
Marginal Tax Rate 38.29%
Average Tax Rate 22.71%
Comprehensive Deduction Rate 26.86%
$63.08 an hour is how much per year?
What is the minimum wage in British Columbia in 2025?

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%

Annual Income Tax by Province/Territory

Total Income $123,000.00
Total Deductions $31,109.33
Net Pay $91,890.67
Average Tax Rate 21.14%
Comprehensive Deduction Rate 25.29%
Total Income $123,000.00
Total Deductions $33,031.96
Net Pay $89,968.04
Average Tax Rate 22.71%
Comprehensive Deduction Rate 26.86%
Total Income $123,000.00
Total Deductions $33,147.32
Net Pay $89,852.68
Average Tax Rate 22.8%
Comprehensive Deduction Rate 26.95%
Total Income $123,000.00
Total Deductions $33,406.40
Net Pay $89,593.60
Average Tax Rate 23.01%
Comprehensive Deduction Rate 27.16%
Total Income $123,000.00
Total Deductions $34,363.36
Net Pay $88,636.64
Average Tax Rate 23.79%
Comprehensive Deduction Rate 27.94%
Total Income $123,000.00
Total Deductions $35,347.56
Net Pay $87,652.44
Average Tax Rate 24.59%
Comprehensive Deduction Rate 28.74%
Total Income $123,000.00
Total Deductions $36,622.03
Net Pay $86,377.97
Average Tax Rate 25.62%
Comprehensive Deduction Rate 29.77%
Total Income $123,000.00
Total Deductions $38,347.00
Net Pay $84,653.00
Average Tax Rate 27.03%
Comprehensive Deduction Rate 31.18%
Total Income $123,000.00
Total Deductions $38,436.43
Net Pay $84,563.57
Average Tax Rate 27.1%
Comprehensive Deduction Rate 31.25%
Total Income $123,000.00
Total Deductions $39,173.57
Net Pay $83,826.43
Average Tax Rate 27.7%
Comprehensive Deduction Rate 31.85%
Total Income $123,000.00
Total Deductions $40,418.76
Net Pay $82,581.24
Average Tax Rate 28.71%
Comprehensive Deduction Rate 32.86%
Total Income $123,000.00
Total Deductions $40,695.18
Net Pay $82,304.82
Average Tax Rate 28.49%
Comprehensive Deduction Rate 33.09%
Total Income $123,000.00
Total Deductions $41,472.25
Net Pay $81,527.75
Average Tax Rate 29.57%
Comprehensive Deduction Rate 33.72%
Region Total Income Total Deductions Net Pay Avg. Tax Rate Comp. Deduction Rate
Nunavut $123,000.00 $31,109.33 $91,890.67 21.14% 25.29%
British Columbia $123,000.00 $33,031.96 $89,968.04 22.71% 26.86%
Yukon $123,000.00 $33,147.32 $89,852.68 22.8% 26.95%
Northwest Territories $123,000.00 $33,406.40 $89,593.60 23.01% 27.16%
Alberta $123,000.00 $34,363.36 $88,636.64 23.79% 27.94%
Ontario $123,000.00 $35,347.56 $87,652.44 24.59% 28.74%
Saskatchewan $123,000.00 $36,622.03 $86,377.97 25.62% 29.77%
Manitoba $123,000.00 $38,347.00 $84,653.00 27.03% 31.18%
New Brunswick $123,000.00 $38,436.43 $84,563.57 27.1% 31.25%
Newfoundland and Labrador $123,000.00 $39,173.57 $83,826.43 27.7% 31.85%
Prince Edward Island $123,000.00 $40,418.76 $82,581.24 28.71% 32.86%
Quebec $123,000.00 $40,695.18 $82,304.82 28.49% 33.09%
Nova Scotia $123,000.00 $41,472.25 $81,527.75 29.57% 33.72%
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.