2023 British Columbia Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$71,962.00
Salary
$71,962.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$17,024.63
Federal Tax
$8,763.20
Provincial Tax
$3,504.53
CPP Contributions
$3,754.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,002.45
Net Pay
$54,937.37
Marginal Tax Rate
28.2%
Average Tax Rate
17.05%
Comprehensive Deduction Rate
23.66%
Monthly Salary
Total Income
$5,996.83
Salary
$5,996.83
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,418.72
Federal Tax
$730.27
Provincial Tax
$292.04
CPP Contributions
$312.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$83.54
Net Pay
$4,578.11
Marginal Tax Rate
28.2%
Average Tax Rate
17.05%
Comprehensive Deduction Rate
23.66%
Biweekly Salary
Total Income
$2,767.77
Salary
$2,767.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$654.79
Federal Tax
$337.05
Provincial Tax
$134.79
CPP Contributions
$144.40
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$38.56
Net Pay
$2,112.98
Marginal Tax Rate
28.2%
Average Tax Rate
17.05%
Comprehensive Deduction Rate
23.66%
Weekly Salary
Total Income
$1,383.88
Salary
$1,383.88
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$327.40
Federal Tax
$168.52
Provincial Tax
$67.39
CPP Contributions
$72.20
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.28
Net Pay
$1,056.49
Marginal Tax Rate
28.2%
Average Tax Rate
17.05%
Comprehensive Deduction Rate
23.66%
Daily Salary
Total Income
$276.78
Salary
$276.78
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$65.48
Federal Tax
$33.70
Provincial Tax
$13.48
CPP Contributions
$14.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.86
Net Pay
$211.30
Marginal Tax Rate
28.2%
Average Tax Rate
17.05%
Comprehensive Deduction Rate
23.66%
Hourly Salary
Total Income
$36.90
Salary
$36.90
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$8.73
Federal Tax
$4.49
Provincial Tax
$1.80
CPP Contributions
$1.93
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.51
Net Pay
$28.17
Marginal Tax Rate
28.2%
Average Tax Rate
17.05%
Comprehensive Deduction Rate
23.66%
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
$71,962.00
Total Deductions
$16,136.34
Net Pay
$55,825.66
Average Tax Rate
15.81%
Comprehensive Deduction Rate
22.42%
Total Income
$71,962.00
Total Deductions
$17,024.63
Net Pay
$54,937.37
Average Tax Rate
17.05%
Comprehensive Deduction Rate
23.66%
Total Income
$71,962.00
Total Deductions
$17,162.14
Net Pay
$54,799.86
Average Tax Rate
17.24%
Comprehensive Deduction Rate
23.85%
Total Income
$71,962.00
Total Deductions
$17,277.17
Net Pay
$54,684.83
Average Tax Rate
17.4%
Comprehensive Deduction Rate
24.01%
Total Income
$71,962.00
Total Deductions
$17,862.59
Net Pay
$54,099.41
Average Tax Rate
18.21%
Comprehensive Deduction Rate
24.82%
Total Income
$71,962.00
Total Deductions
$18,170.75
Net Pay
$53,791.25
Average Tax Rate
18.64%
Comprehensive Deduction Rate
25.25%
Total Income
$71,962.00
Total Deductions
$19,199.42
Net Pay
$52,762.58
Average Tax Rate
20.07%
Comprehensive Deduction Rate
26.68%
Total Income
$71,962.00
Total Deductions
$19,810.19
Net Pay
$52,151.81
Average Tax Rate
20.92%
Comprehensive Deduction Rate
27.53%
Total Income
$71,962.00
Total Deductions
$19,876.39
Net Pay
$52,085.61
Average Tax Rate
21.01%
Comprehensive Deduction Rate
27.62%
Total Income
$71,962.00
Total Deductions
$20,258.99
Net Pay
$51,703.01
Average Tax Rate
21.54%
Comprehensive Deduction Rate
28.15%
Total Income
$71,962.00
Total Deductions
$20,791.40
Net Pay
$51,170.60
Average Tax Rate
22.28%
Comprehensive Deduction Rate
28.89%
Total Income
$71,962.00
Total Deductions
$21,522.29
Net Pay
$50,439.71
Average Tax Rate
23.3%
Comprehensive Deduction Rate
29.91%
Total Income
$71,962.00
Total Deductions
$21,546.74
Net Pay
$50,415.26
Average Tax Rate
22.75%
Comprehensive Deduction Rate
29.94%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $71,962.00 | $16,136.34 | $55,825.66 | 15.81% | 22.42% |
| British Columbia | $71,962.00 | $17,024.63 | $54,937.37 | 17.05% | 23.66% |
| Northwest Territories | $71,962.00 | $17,162.14 | $54,799.86 | 17.24% | 23.85% |
| Yukon | $71,962.00 | $17,277.17 | $54,684.83 | 17.4% | 24.01% |
| Ontario | $71,962.00 | $17,862.59 | $54,099.41 | 18.21% | 24.82% |
| Alberta | $71,962.00 | $18,170.75 | $53,791.25 | 18.64% | 25.25% |
| Saskatchewan | $71,962.00 | $19,199.42 | $52,762.58 | 20.07% | 26.68% |
| New Brunswick | $71,962.00 | $19,810.19 | $52,151.81 | 20.92% | 27.53% |
| Manitoba | $71,962.00 | $19,876.39 | $52,085.61 | 21.01% | 27.62% |
| Newfoundland and Labrador | $71,962.00 | $20,258.99 | $51,703.01 | 21.54% | 28.15% |
| Prince Edward Island | $71,962.00 | $20,791.40 | $51,170.60 | 22.28% | 28.89% |
| Nova Scotia | $71,962.00 | $21,522.29 | $50,439.71 | 23.3% | 29.91% |
| Quebec | $71,962.00 | $21,546.74 | $50,415.26 | 22.75% | 29.94% |
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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