2024 British Columbia Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$118,799.20
Salary
$118,799.20
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$31,423.48
Federal Tax
$18,500.29
Provincial Tax
$7,818.57
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$87,375.72
Marginal Tax Rate
38.29%
Average Tax Rate
22.15%
Comprehensive Deduction Rate
26.45%
Monthly Salary
Total Income
$9,899.93
Salary
$9,899.93
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,618.62
Federal Tax
$1,541.69
Provincial Tax
$651.55
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$7,281.31
Marginal Tax Rate
38.29%
Average Tax Rate
22.15%
Comprehensive Deduction Rate
26.45%
Biweekly Salary
Total Income
$4,569.20
Salary
$4,569.20
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,208.60
Federal Tax
$711.55
Provincial Tax
$300.71
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$3,360.60
Marginal Tax Rate
38.29%
Average Tax Rate
22.15%
Comprehensive Deduction Rate
26.45%
Weekly Salary
Total Income
$2,284.60
Salary
$2,284.60
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$604.30
Federal Tax
$355.77
Provincial Tax
$150.36
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,680.30
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
$71.15
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% |
Annual Income Tax by Province/Territory
Total Income
$118,799.20
Total Deductions
$29,639.06
Net Pay
$89,160.14
Average Tax Rate
20.65%
Comprehensive Deduction Rate
24.95%
Total Income
$118,799.20
Total Deductions
$31,423.48
Net Pay
$87,375.72
Average Tax Rate
22.15%
Comprehensive Deduction Rate
26.45%
Total Income
$118,799.20
Total Deductions
$31,597.23
Net Pay
$87,201.97
Average Tax Rate
22.3%
Comprehensive Deduction Rate
26.6%
Total Income
$118,799.20
Total Deductions
$31,801.70
Net Pay
$86,997.50
Average Tax Rate
22.47%
Comprehensive Deduction Rate
26.77%
Total Income
$118,799.20
Total Deductions
$32,851.08
Net Pay
$85,948.12
Average Tax Rate
23.36%
Comprehensive Deduction Rate
27.65%
Total Income
$118,799.20
Total Deductions
$33,524.01
Net Pay
$85,275.19
Average Tax Rate
23.92%
Comprehensive Deduction Rate
28.22%
Total Income
$118,799.20
Total Deductions
$35,004.73
Net Pay
$83,794.47
Average Tax Rate
25.17%
Comprehensive Deduction Rate
29.47%
Total Income
$118,799.20
Total Deductions
$36,523.86
Net Pay
$82,275.34
Average Tax Rate
26.45%
Comprehensive Deduction Rate
30.74%
Total Income
$118,799.20
Total Deductions
$36,672.10
Net Pay
$82,127.10
Average Tax Rate
26.57%
Comprehensive Deduction Rate
30.87%
Total Income
$118,799.20
Total Deductions
$37,417.64
Net Pay
$81,381.56
Average Tax Rate
27.2%
Comprehensive Deduction Rate
31.5%
Total Income
$118,799.20
Total Deductions
$38,570.42
Net Pay
$80,228.78
Average Tax Rate
28.17%
Comprehensive Deduction Rate
32.47%
Total Income
$118,799.20
Total Deductions
$38,774.99
Net Pay
$80,024.21
Average Tax Rate
27.89%
Comprehensive Deduction Rate
32.64%
Total Income
$118,799.20
Total Deductions
$39,644.91
Net Pay
$79,154.29
Average Tax Rate
29.07%
Comprehensive Deduction Rate
33.37%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $118,799.20 | $29,639.06 | $89,160.14 | 20.65% | 24.95% |
| British Columbia | $118,799.20 | $31,423.48 | $87,375.72 | 22.15% | 26.45% |
| Yukon | $118,799.20 | $31,597.23 | $87,201.97 | 22.3% | 26.6% |
| Northwest Territories | $118,799.20 | $31,801.70 | $86,997.50 | 22.47% | 26.77% |
| Alberta | $118,799.20 | $32,851.08 | $85,948.12 | 23.36% | 27.65% |
| Ontario | $118,799.20 | $33,524.01 | $85,275.19 | 23.92% | 28.22% |
| Saskatchewan | $118,799.20 | $35,004.73 | $83,794.47 | 25.17% | 29.47% |
| Manitoba | $118,799.20 | $36,523.86 | $82,275.34 | 26.45% | 30.74% |
| New Brunswick | $118,799.20 | $36,672.10 | $82,127.10 | 26.57% | 30.87% |
| Newfoundland and Labrador | $118,799.20 | $37,417.64 | $81,381.56 | 27.2% | 31.5% |
| Prince Edward Island | $118,799.20 | $38,570.42 | $80,228.78 | 28.17% | 32.47% |
| Quebec | $118,799.20 | $38,774.99 | $80,024.21 | 27.89% | 32.64% |
| Nova Scotia | $118,799.20 | $39,644.91 | $79,154.29 | 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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