2024 British Columbia Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$62,250.00
Salary
$62,250.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$13,713.88
Federal Tax
$6,519.29
Provincial Tax
$2,665.61
CPP Contributions
$3,495.63
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,033.35
Net Pay
$48,536.12
Marginal Tax Rate
27.44%
Average Tax Rate
14.75%
Comprehensive Deduction Rate
22.03%
Monthly Salary
Total Income
$5,187.50
Salary
$5,187.50
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,142.82
Federal Tax
$543.27
Provincial Tax
$222.13
CPP Contributions
$291.30
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$86.11
Net Pay
$4,044.68
Marginal Tax Rate
27.44%
Average Tax Rate
14.75%
Comprehensive Deduction Rate
22.03%
Biweekly Salary
Total Income
$2,394.23
Salary
$2,394.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$527.46
Federal Tax
$250.74
Provincial Tax
$102.52
CPP Contributions
$134.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$39.74
Net Pay
$1,866.77
Marginal Tax Rate
27.44%
Average Tax Rate
14.75%
Comprehensive Deduction Rate
22.03%
Weekly Salary
Total Income
$1,197.12
Salary
$1,197.12
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$263.73
Federal Tax
$125.37
Provincial Tax
$51.26
CPP Contributions
$67.22
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$19.87
Net Pay
$933.39
Marginal Tax Rate
27.44%
Average Tax Rate
14.75%
Comprehensive Deduction Rate
22.03%
Daily Salary
Total Income
$239.42
Salary
$239.42
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$52.75
Federal Tax
$25.07
Provincial Tax
$10.25
CPP Contributions
$13.44
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.97
Net Pay
$186.68
Marginal Tax Rate
27.44%
Average Tax Rate
14.75%
Comprehensive Deduction Rate
22.03%
Hourly Salary
Total Income
$31.92
Salary
$31.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$7.03
Federal Tax
$3.34
Provincial Tax
$1.37
CPP Contributions
$1.79
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.53
Net Pay
$24.89
Marginal Tax Rate
27.44%
Average Tax Rate
14.75%
Comprehensive Deduction Rate
22.03%
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
$62,250.00
Total Deductions
$12,879.16
Net Pay
$49,370.84
Average Tax Rate
13.41%
Comprehensive Deduction Rate
20.69%
Total Income
$62,250.00
Total Deductions
$13,713.88
Net Pay
$48,536.12
Average Tax Rate
14.75%
Comprehensive Deduction Rate
22.03%
Total Income
$62,250.00
Total Deductions
$13,748.31
Net Pay
$48,501.69
Average Tax Rate
14.81%
Comprehensive Deduction Rate
22.09%
Total Income
$62,250.00
Total Deductions
$13,816.24
Net Pay
$48,433.76
Average Tax Rate
14.92%
Comprehensive Deduction Rate
22.19%
Total Income
$62,250.00
Total Deductions
$14,384.36
Net Pay
$47,865.64
Average Tax Rate
15.83%
Comprehensive Deduction Rate
23.11%
Total Income
$62,250.00
Total Deductions
$14,639.93
Net Pay
$47,610.07
Average Tax Rate
16.24%
Comprehensive Deduction Rate
23.52%
Total Income
$62,250.00
Total Deductions
$15,379.88
Net Pay
$46,870.12
Average Tax Rate
17.43%
Comprehensive Deduction Rate
24.71%
Total Income
$62,250.00
Total Deductions
$15,820.98
Net Pay
$46,429.02
Average Tax Rate
18.14%
Comprehensive Deduction Rate
25.42%
Total Income
$62,250.00
Total Deductions
$15,883.49
Net Pay
$46,366.51
Average Tax Rate
18.24%
Comprehensive Deduction Rate
25.52%
Total Income
$62,250.00
Total Deductions
$16,241.34
Net Pay
$46,008.66
Average Tax Rate
18.82%
Comprehensive Deduction Rate
26.09%
Total Income
$62,250.00
Total Deductions
$16,474.01
Net Pay
$45,775.99
Average Tax Rate
19.19%
Comprehensive Deduction Rate
26.46%
Total Income
$62,250.00
Total Deductions
$16,583.40
Net Pay
$45,666.60
Average Tax Rate
18.79%
Comprehensive Deduction Rate
26.64%
Total Income
$62,250.00
Total Deductions
$17,380.62
Net Pay
$44,869.38
Average Tax Rate
20.65%
Comprehensive Deduction Rate
27.92%
Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
---|---|---|---|---|---|
Nunavut | $62,250.00 | $12,879.16 | $49,370.84 | 13.41% | 20.69% |
British Columbia | $62,250.00 | $13,713.88 | $48,536.12 | 14.75% | 22.03% |
Northwest Territories | $62,250.00 | $13,748.31 | $48,501.69 | 14.81% | 22.09% |
Yukon | $62,250.00 | $13,816.24 | $48,433.76 | 14.92% | 22.19% |
Ontario | $62,250.00 | $14,384.36 | $47,865.64 | 15.83% | 23.11% |
Alberta | $62,250.00 | $14,639.93 | $47,610.07 | 16.24% | 23.52% |
Saskatchewan | $62,250.00 | $15,379.88 | $46,870.12 | 17.43% | 24.71% |
New Brunswick | $62,250.00 | $15,820.98 | $46,429.02 | 18.14% | 25.42% |
Manitoba | $62,250.00 | $15,883.49 | $46,366.51 | 18.24% | 25.52% |
Newfoundland and Labrador | $62,250.00 | $16,241.34 | $46,008.66 | 18.82% | 26.09% |
Prince Edward Island | $62,250.00 | $16,474.01 | $45,775.99 | 19.19% | 26.46% |
Quebec | $62,250.00 | $16,583.40 | $45,666.60 | 18.79% | 26.64% |
Nova Scotia | $62,250.00 | $17,380.62 | $44,869.38 | 20.65% | 27.92% |
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.
Jobs paying $62,250+/year

DataAnnotation
-
357 Jobs
Kamloops, BC
$54.61 / hour
Permanent
30 days ago

JumpCrew
-
1,124 Jobs
Salmon Arm, BC
$38.00 / hour
Permanent
Yesterday

JumpCrew
-
1,124 Jobs
Burnaby, BC
$74,000 / year
Permanent
Yesterday
Are you looking to relocate to British Columbia or just browsing through cities within the province/territory?
Check out our British Columbia demographics page for more information.