Job Title or Location

2024 British Columbia Income Tax Calculator

Calculate your take-home pay after tax.

Your Results

Yearly Salary
Total Income $262,000.00
Salary $262,000.00
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $94,660.26
Federal Tax $59,006.49
Provincial Tax $30,549.15
CPP Contributions $4,055.50
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $1,049.12
Net Pay $167,339.74
Marginal Tax Rate 53.5%
Average Tax Rate 34.18%
Comprehensive Deduction Rate 36.13%
$262,000.00 a year is how much per hour?
What is the minimum wage in British Columbia in 2024?
Monthly Salary
Total Income $21,833.33
Salary $21,833.33
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $7,888.36
Federal Tax $4,917.21
Provincial Tax $2,545.76
CPP Contributions $337.96
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $87.43
Net Pay $13,944.98
Marginal Tax Rate 53.5%
Average Tax Rate 34.18%
Comprehensive Deduction Rate 36.13%
$21,833.33 a month is how much per year?
What is the minimum wage in British Columbia in 2024?
Biweekly Salary
Total Income $10,076.92
Salary $10,076.92
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $3,640.78
Federal Tax $2,269.48
Provincial Tax $1,174.97
CPP Contributions $155.98
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $40.35
Net Pay $6,436.14
Marginal Tax Rate 53.5%
Average Tax Rate 34.18%
Comprehensive Deduction Rate 36.13%
$10,076.92 per two weeks is how much per year?
What is the minimum wage in British Columbia in 2024?
Weekly Salary
Total Income $5,038.46
Salary $5,038.46
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $1,820.39
Federal Tax $1,134.74
Provincial Tax $587.48
CPP Contributions $77.99
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $20.18
Net Pay $3,218.07
Marginal Tax Rate 53.5%
Average Tax Rate 34.18%
Comprehensive Deduction Rate 36.13%
$5,038.46 a week is how much per year?
What is the minimum wage in British Columbia in 2024?
Daily Salary
Total Income $1,007.69
Salary $1,007.69
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $364.08
Federal Tax $226.95
Provincial Tax $117.50
CPP Contributions $15.60
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $4.04
Net Pay $643.61
Marginal Tax Rate 53.5%
Average Tax Rate 34.18%
Comprehensive Deduction Rate 36.13%
$1,007.69 a day is how much per year?
What is the minimum wage in British Columbia in 2024?
Hourly Salary
Total Income $134.36
Salary $134.36
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00
RRSP $0.00
Total Deductions $48.54
Federal Tax $30.26
Provincial Tax $15.67
CPP Contributions $2.08
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $0.54
Net Pay $85.82
Marginal Tax Rate 53.5%
Average Tax Rate 34.18%
Comprehensive Deduction Rate 36.13%
$134.36 an hour is how much per year?
What is the minimum wage in British Columbia in 2024?

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 $262,000.00
Total Deductions $85,253.33
Net Pay $176,746.67
Average Tax Rate 30.59%
Comprehensive Deduction Rate 32.54%
Total Income $262,000.00
Total Deductions $89,399.32
Net Pay $172,600.68
Average Tax Rate 32.17%
Comprehensive Deduction Rate 34.12%
Total Income $262,000.00
Total Deductions $91,040.36
Net Pay $170,959.64
Average Tax Rate 32.8%
Comprehensive Deduction Rate 34.75%
Total Income $262,000.00
Total Deductions $91,581.40
Net Pay $170,418.60
Average Tax Rate 33.01%
Comprehensive Deduction Rate 34.95%
Total Income $262,000.00
Total Deductions $94,660.26
Net Pay $167,339.74
Average Tax Rate 34.18%
Comprehensive Deduction Rate 36.13%
Total Income $262,000.00
Total Deductions $95,676.03
Net Pay $166,323.97
Average Tax Rate 34.57%
Comprehensive Deduction Rate 36.52%
Total Income $262,000.00
Total Deductions $101,513.30
Net Pay $160,486.70
Average Tax Rate 36.8%
Comprehensive Deduction Rate 38.75%
Total Income $262,000.00
Total Deductions $101,947.00
Net Pay $160,053.00
Average Tax Rate 36.96%
Comprehensive Deduction Rate 38.91%
Total Income $262,000.00
Total Deductions $102,782.43
Net Pay $159,217.57
Average Tax Rate 37.28%
Comprehensive Deduction Rate 39.23%
Total Income $262,000.00
Total Deductions $103,626.57
Net Pay $158,373.43
Average Tax Rate 37.6%
Comprehensive Deduction Rate 39.55%
Total Income $262,000.00
Total Deductions $105,767.76
Net Pay $156,232.24
Average Tax Rate 38.42%
Comprehensive Deduction Rate 40.37%
Total Income $262,000.00
Total Deductions $109,131.25
Net Pay $152,868.75
Average Tax Rate 39.7%
Comprehensive Deduction Rate 41.65%
Total Income $262,000.00
Total Deductions $109,324.26
Net Pay $152,675.74
Average Tax Rate 39.57%
Comprehensive Deduction Rate 41.73%
Region Total Income Total Deductions Net Pay Average Tax Rate Comprehensive Deduction Rate
Nunavut $262,000.00 $85,253.33 $176,746.67 30.59% 32.54%
Yukon $262,000.00 $89,399.32 $172,600.68 32.17% 34.12%
Alberta $262,000.00 $91,040.36 $170,959.64 32.8% 34.75%
Northwest Territories $262,000.00 $91,581.40 $170,418.60 33.01% 34.95%
British Columbia $262,000.00 $94,660.26 $167,339.74 34.18% 36.13%
Saskatchewan $262,000.00 $95,676.03 $166,323.97 34.57% 36.52%
Ontario $262,000.00 $101,513.30 $160,486.70 36.8% 38.75%
Manitoba $262,000.00 $101,947.00 $160,053.00 36.96% 38.91%
New Brunswick $262,000.00 $102,782.43 $159,217.57 37.28% 39.23%
Newfoundland and Labrador $262,000.00 $103,626.57 $158,373.43 37.6% 39.55%
Prince Edward Island $262,000.00 $105,767.76 $156,232.24 38.42% 40.37%
Nova Scotia $262,000.00 $109,131.25 $152,868.75 39.7% 41.65%
Quebec $262,000.00 $109,324.26 $152,675.74 39.57% 41.73%
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.