Job Title or Location
RECENT SEARCHES
jobs in saskatchewan

2023 British Columbia Income Tax Calculator

Calculate your take-home pay after tax.

Your Results

Yearly Salary
Total Income $123,591.00
Salary $123,591.00
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $33,752.34
Federal Tax $20,275.65
Provincial Tax $8,719.79
CPP Contributions $3,754.45
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $1,002.45
Net Pay $89,838.66
Marginal Tax Rate 38.29%
Average Tax Rate 23.46%
Comprehensive Deduction Rate 27.31%
$123,591.00 a year is how much per hour?
What is the minimum wage in British Columbia in 2025?
Monthly Salary
Total Income $10,299.25
Salary $10,299.25
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $2,812.70
Federal Tax $1,689.64
Provincial Tax $726.65
CPP Contributions $312.87
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $83.54
Net Pay $7,486.56
Marginal Tax Rate 38.29%
Average Tax Rate 23.46%
Comprehensive Deduction Rate 27.31%
$10,299.25 a month is how much per year?
What is the minimum wage in British Columbia in 2025?
Biweekly Salary
Total Income $4,753.50
Salary $4,753.50
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $1,298.17
Federal Tax $779.83
Provincial Tax $335.38
CPP Contributions $144.40
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $38.56
Net Pay $3,455.33
Marginal Tax Rate 38.29%
Average Tax Rate 23.46%
Comprehensive Deduction Rate 27.31%
$4,753.50 per two weeks is how much per year?
What is the minimum wage in British Columbia in 2025?
Weekly Salary
Total Income $2,376.75
Salary $2,376.75
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $649.08
Federal Tax $389.92
Provincial Tax $167.69
CPP Contributions $72.20
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $19.28
Net Pay $1,727.67
Marginal Tax Rate 38.29%
Average Tax Rate 23.46%
Comprehensive Deduction Rate 27.31%
$2,376.75 a week is how much per year?
What is the minimum wage in British Columbia in 2025?
Daily Salary
Total Income $475.35
Salary $475.35
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $129.82
Federal Tax $77.98
Provincial Tax $33.54
CPP Contributions $14.44
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $3.86
Net Pay $345.53
Marginal Tax Rate 38.29%
Average Tax Rate 23.46%
Comprehensive Deduction Rate 27.31%
$475.35 a day is how much per year?
What is the minimum wage in British Columbia in 2025?
Hourly Salary
Total Income $63.38
Salary $63.38
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $17.31
Federal Tax $10.40
Provincial Tax $4.47
CPP Contributions $1.93
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $0.51
Net Pay $46.07
Marginal Tax Rate 38.29%
Average Tax Rate 23.46%
Comprehensive Deduction Rate 27.31%
$63.38 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
$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 $123,591.00
Total Deductions $31,699.64
Net Pay $91,891.36
Average Tax Rate 21.8%
Comprehensive Deduction Rate 25.65%
Total Income $123,591.00
Total Deductions $33,752.34
Net Pay $89,838.66
Average Tax Rate 23.46%
Comprehensive Deduction Rate 27.31%
Total Income $123,591.00
Total Deductions $33,756.46
Net Pay $89,834.54
Average Tax Rate 23.46%
Comprehensive Deduction Rate 27.31%
Total Income $123,591.00
Total Deductions $34,084.96
Net Pay $89,506.04
Average Tax Rate 23.73%
Comprehensive Deduction Rate 27.58%
Total Income $123,591.00
Total Deductions $34,846.10
Net Pay $88,744.90
Average Tax Rate 24.35%
Comprehensive Deduction Rate 28.19%
Total Income $123,591.00
Total Deductions $36,265.17
Net Pay $87,325.83
Average Tax Rate 25.49%
Comprehensive Deduction Rate 29.34%
Total Income $123,591.00
Total Deductions $37,165.50
Net Pay $86,425.50
Average Tax Rate 26.22%
Comprehensive Deduction Rate 30.07%
Total Income $123,591.00
Total Deductions $39,113.52
Net Pay $84,477.48
Average Tax Rate 27.8%
Comprehensive Deduction Rate 31.65%
Total Income $123,591.00
Total Deductions $39,787.33
Net Pay $83,803.67
Average Tax Rate 28.34%
Comprehensive Deduction Rate 32.19%
Total Income $123,591.00
Total Deductions $40,015.51
Net Pay $83,575.49
Average Tax Rate 28.53%
Comprehensive Deduction Rate 32.38%
Total Income $123,591.00
Total Deductions $41,265.24
Net Pay $82,325.76
Average Tax Rate 29.54%
Comprehensive Deduction Rate 33.39%
Total Income $123,591.00
Total Deductions $41,911.12
Net Pay $81,679.88
Average Tax Rate 30.06%
Comprehensive Deduction Rate 33.91%
Total Income $123,591.00
Total Deductions $42,565.02
Net Pay $81,025.98
Average Tax Rate 30.18%
Comprehensive Deduction Rate 34.44%
Region Total Income Total Deductions Net Pay Avg. Tax Rate Comp. Deduction Rate
Nunavut $123,591.00 $31,699.64 $91,891.36 21.8% 25.65%
British Columbia $123,591.00 $33,752.34 $89,838.66 23.46% 27.31%
Yukon $123,591.00 $33,756.46 $89,834.54 23.46% 27.31%
Northwest Territories $123,591.00 $34,084.96 $89,506.04 23.73% 27.58%
Alberta $123,591.00 $34,846.10 $88,744.90 24.35% 28.19%
Ontario $123,591.00 $36,265.17 $87,325.83 25.49% 29.34%
Saskatchewan $123,591.00 $37,165.50 $86,425.50 26.22% 30.07%
New Brunswick $123,591.00 $39,113.52 $84,477.48 27.8% 31.65%
Newfoundland and Labrador $123,591.00 $39,787.33 $83,803.67 28.34% 32.19%
Manitoba $123,591.00 $40,015.51 $83,575.49 28.53% 32.38%
Prince Edward Island $123,591.00 $41,265.24 $82,325.76 29.54% 33.39%
Nova Scotia $123,591.00 $41,911.12 $81,679.88 30.06% 33.91%
Quebec $123,591.00 $42,565.02 $81,025.98 30.18% 34.44%
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.