2023 British Columbia Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$115,000.00
Salary
$115,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$30,462.85
Federal Tax
$18,041.99
Provincial Tax
$7,663.96
CPP Contributions
$3,754.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,002.45
Net Pay
$84,537.15
Marginal Tax Rate
38.29%
Average Tax Rate
22.35%
Comprehensive Deduction Rate
26.49%
Monthly Salary
Total Income
$9,583.33
Salary
$9,583.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,538.57
Federal Tax
$1,503.50
Provincial Tax
$638.66
CPP Contributions
$312.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$83.54
Net Pay
$7,044.76
Marginal Tax Rate
38.29%
Average Tax Rate
22.35%
Comprehensive Deduction Rate
26.49%
Biweekly Salary
Total Income
$4,423.08
Salary
$4,423.08
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,171.65
Federal Tax
$693.92
Provincial Tax
$294.77
CPP Contributions
$144.40
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$38.56
Net Pay
$3,251.43
Marginal Tax Rate
38.29%
Average Tax Rate
22.35%
Comprehensive Deduction Rate
26.49%
Weekly Salary
Total Income
$2,211.54
Salary
$2,211.54
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$585.82
Federal Tax
$346.96
Provincial Tax
$147.38
CPP Contributions
$72.20
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.28
Net Pay
$1,625.71
Marginal Tax Rate
38.29%
Average Tax Rate
22.35%
Comprehensive Deduction Rate
26.49%
Daily Salary
Total Income
$442.31
Salary
$442.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$117.16
Federal Tax
$69.39
Provincial Tax
$29.48
CPP Contributions
$14.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.86
Net Pay
$325.14
Marginal Tax Rate
38.29%
Average Tax Rate
22.35%
Comprehensive Deduction Rate
26.49%
Hourly Salary
Total Income
$58.97
Salary
$58.97
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$15.62
Federal Tax
$9.25
Provincial Tax
$3.93
CPP Contributions
$1.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.51
Net Pay
$43.35
Marginal Tax Rate
38.29%
Average Tax Rate
22.35%
Comprehensive Deduction Rate
26.49%
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% |
Income taxes on annual salaries
Annual Income Tax by Province/Territory
Total Income
$115,000.00
Total Deductions
$28,692.79
Net Pay
$86,307.21
Average Tax Rate
20.81%
Comprehensive Deduction Rate
24.95%
Total Income
$115,000.00
Total Deductions
$30,462.85
Net Pay
$84,537.15
Average Tax Rate
22.35%
Comprehensive Deduction Rate
26.49%
Total Income
$115,000.00
Total Deductions
$30,586.38
Net Pay
$84,413.62
Average Tax Rate
22.46%
Comprehensive Deduction Rate
26.6%
Total Income
$115,000.00
Total Deductions
$30,803.20
Net Pay
$84,196.80
Average Tax Rate
22.65%
Comprehensive Deduction Rate
26.79%
Total Income
$115,000.00
Total Deductions
$31,753.34
Net Pay
$83,246.66
Average Tax Rate
23.48%
Comprehensive Deduction Rate
27.61%
Total Income
$115,000.00
Total Deductions
$32,535.84
Net Pay
$82,464.16
Average Tax Rate
24.16%
Comprehensive Deduction Rate
28.29%
Total Income
$115,000.00
Total Deductions
$33,857.96
Net Pay
$81,142.04
Average Tax Rate
25.31%
Comprehensive Deduction Rate
29.44%
Total Income
$115,000.00
Total Deductions
$35,505.30
Net Pay
$79,494.70
Average Tax Rate
26.74%
Comprehensive Deduction Rate
30.87%
Total Income
$115,000.00
Total Deductions
$36,196.29
Net Pay
$78,803.71
Average Tax Rate
27.34%
Comprehensive Deduction Rate
31.48%
Total Income
$115,000.00
Total Deductions
$36,287.02
Net Pay
$78,712.98
Average Tax Rate
27.42%
Comprehensive Deduction Rate
31.55%
Total Income
$115,000.00
Total Deductions
$37,453.41
Net Pay
$77,546.59
Average Tax Rate
28.43%
Comprehensive Deduction Rate
32.57%
Total Income
$115,000.00
Total Deductions
$38,174.03
Net Pay
$76,825.97
Average Tax Rate
29.06%
Comprehensive Deduction Rate
33.19%
Total Income
$115,000.00
Total Deductions
$38,594.85
Net Pay
$76,405.15
Average Tax Rate
28.98%
Comprehensive Deduction Rate
33.56%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $115,000.00 | $28,692.79 | $86,307.21 | 20.81% | 24.95% |
| British Columbia | $115,000.00 | $30,462.85 | $84,537.15 | 22.35% | 26.49% |
| Yukon | $115,000.00 | $30,586.38 | $84,413.62 | 22.46% | 26.6% |
| Northwest Territories | $115,000.00 | $30,803.20 | $84,196.80 | 22.65% | 26.79% |
| Alberta | $115,000.00 | $31,753.34 | $83,246.66 | 23.48% | 27.61% |
| Ontario | $115,000.00 | $32,535.84 | $82,464.16 | 24.16% | 28.29% |
| Saskatchewan | $115,000.00 | $33,857.96 | $81,142.04 | 25.31% | 29.44% |
| New Brunswick | $115,000.00 | $35,505.30 | $79,494.70 | 26.74% | 30.87% |
| Newfoundland and Labrador | $115,000.00 | $36,196.29 | $78,803.71 | 27.34% | 31.48% |
| Manitoba | $115,000.00 | $36,287.02 | $78,712.98 | 27.42% | 31.55% |
| Prince Edward Island | $115,000.00 | $37,453.41 | $77,546.59 | 28.43% | 32.57% |
| Nova Scotia | $115,000.00 | $38,174.03 | $76,825.97 | 29.06% | 33.19% |
| Quebec | $115,000.00 | $38,594.85 | $76,405.15 | 28.98% | 33.56% |
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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