2024 British Columbia Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$88,500.12
Salary
$88,500.12
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$21,691.30
Federal Tax
$11,900.02
Provincial Tax
$4,686.66
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$66,808.82
Marginal Tax Rate
28.2%
Average Tax Rate
18.74%
Comprehensive Deduction Rate
24.51%
Monthly Salary
Total Income
$7,375.01
Salary
$7,375.01
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,807.61
Federal Tax
$991.67
Provincial Tax
$390.56
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$5,567.40
Marginal Tax Rate
28.2%
Average Tax Rate
18.74%
Comprehensive Deduction Rate
24.51%
Biweekly Salary
Total Income
$3,403.85
Salary
$3,403.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$834.28
Federal Tax
$457.69
Provincial Tax
$180.26
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$2,569.57
Marginal Tax Rate
28.2%
Average Tax Rate
18.74%
Comprehensive Deduction Rate
24.51%
Weekly Salary
Total Income
$1,701.93
Salary
$1,701.93
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$417.14
Federal Tax
$228.85
Provincial Tax
$90.13
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,284.79
Marginal Tax Rate
28.2%
Average Tax Rate
18.74%
Comprehensive Deduction Rate
24.51%
Daily Salary
Total Income
$340.39
Salary
$340.39
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$83.43
Federal Tax
$45.77
Provincial Tax
$18.03
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$256.96
Marginal Tax Rate
28.2%
Average Tax Rate
18.74%
Comprehensive Deduction Rate
24.51%
Hourly Salary
Total Income
$45.38
Salary
$45.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$11.12
Federal Tax
$6.10
Provincial Tax
$2.40
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$34.26
Marginal Tax Rate
28.2%
Average Tax Rate
18.74%
Comprehensive Deduction Rate
24.51%
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
$88,500.12
Total Deductions
$20,672.87
Net Pay
$67,827.25
Average Tax Rate
17.59%
Comprehensive Deduction Rate
23.36%
Total Income
$88,500.12
Total Deductions
$21,691.30
Net Pay
$66,808.82
Average Tax Rate
18.74%
Comprehensive Deduction Rate
24.51%
Total Income
$88,500.12
Total Deductions
$21,961.94
Net Pay
$66,538.18
Average Tax Rate
19.05%
Comprehensive Deduction Rate
24.82%
Total Income
$88,500.12
Total Deductions
$22,134.86
Net Pay
$66,365.26
Average Tax Rate
19.24%
Comprehensive Deduction Rate
25.01%
Total Income
$88,500.12
Total Deductions
$22,892.40
Net Pay
$65,607.72
Average Tax Rate
20.1%
Comprehensive Deduction Rate
25.87%
Total Income
$88,500.12
Total Deductions
$23,220.90
Net Pay
$65,279.22
Average Tax Rate
20.47%
Comprehensive Deduction Rate
26.24%
Total Income
$88,500.12
Total Deductions
$24,617.08
Net Pay
$63,883.04
Average Tax Rate
22.05%
Comprehensive Deduction Rate
27.82%
Total Income
$88,500.12
Total Deductions
$25,186.30
Net Pay
$63,313.82
Average Tax Rate
22.69%
Comprehensive Deduction Rate
28.46%
Total Income
$88,500.12
Total Deductions
$25,451.98
Net Pay
$63,048.14
Average Tax Rate
22.99%
Comprehensive Deduction Rate
28.76%
Total Income
$88,500.12
Total Deductions
$26,030.12
Net Pay
$62,470.00
Average Tax Rate
23.64%
Comprehensive Deduction Rate
29.41%
Total Income
$88,500.12
Total Deductions
$26,738.56
Net Pay
$61,761.56
Average Tax Rate
24.45%
Comprehensive Deduction Rate
30.21%
Total Income
$88,500.12
Total Deductions
$26,778.56
Net Pay
$61,721.56
Average Tax Rate
23.91%
Comprehensive Deduction Rate
30.26%
Total Income
$88,500.12
Total Deductions
$27,779.75
Net Pay
$60,720.37
Average Tax Rate
25.62%
Comprehensive Deduction Rate
31.39%
Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
---|---|---|---|---|---|
Nunavut | $88,500.12 | $20,672.87 | $67,827.25 | 17.59% | 23.36% |
British Columbia | $88,500.12 | $21,691.30 | $66,808.82 | 18.74% | 24.51% |
Northwest Territories | $88,500.12 | $21,961.94 | $66,538.18 | 19.05% | 24.82% |
Yukon | $88,500.12 | $22,134.86 | $66,365.26 | 19.24% | 25.01% |
Ontario | $88,500.12 | $22,892.40 | $65,607.72 | 20.1% | 25.87% |
Alberta | $88,500.12 | $23,220.90 | $65,279.22 | 20.47% | 26.24% |
Saskatchewan | $88,500.12 | $24,617.08 | $63,883.04 | 22.05% | 27.82% |
Manitoba | $88,500.12 | $25,186.30 | $63,313.82 | 22.69% | 28.46% |
New Brunswick | $88,500.12 | $25,451.98 | $63,048.14 | 22.99% | 28.76% |
Newfoundland and Labrador | $88,500.12 | $26,030.12 | $62,470.00 | 23.64% | 29.41% |
Prince Edward Island | $88,500.12 | $26,738.56 | $61,761.56 | 24.45% | 30.21% |
Quebec | $88,500.12 | $26,778.56 | $61,721.56 | 23.91% | 30.26% |
Nova Scotia | $88,500.12 | $27,779.75 | $60,720.37 | 25.62% | 31.39% |
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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