British Columbia Income Tax Calculator 2024
Calculate your exact take-home pay after federal and British Columbia provincial tax, CPP contributions, and EI premiums for the 2024 tax year.
| Gross income | $85,000 |
| Federal income tax | –$11,133 |
| British Columbia provincial tax | –$4,417 |
| CPP contributions | –$3,868 |
| EI premiums | –$1,049 |
| Take-home pay | $64,533 |
British Columbia Tax Facts
- →British Columbia's basic personal amount for 2024 is $11,981.
- →BC's top marginal provincial rate of 20.5% applies to income over $240,716.
- →BC eliminated the Medical Services Plan (MSP) premium in 2020, reducing costs for residents.
- →Vancouver is one of the most expensive cities in Canada, making after-tax income planning crucial.
British Columbia Income Tax FAQ
What is the British Columbia provincial tax rate for 2024?
British Columbia's provincial tax starts at 5.1% on income above the basic personal amount of $11,981. The top rate is 20.50%. These rates are applied on top of federal income tax.
How much income tax will I pay in British Columbia?
Your total tax in British Columbia combines federal tax (15%–33%) and British Columbia provincial tax (5.1%–20.5%), plus CPP (5.95%) and EI (1.66%) contributions. Use the calculator above for your exact take-home pay.
What is the basic personal amount in British Columbia for 2024?
The British Columbia basic personal amount for 2024 is $11,981. This means the first $11,981 of income is effectively tax-free at the provincial level. The federal basic personal amount is $15,705.
How do I calculate my take-home pay in British Columbia?
To calculate take-home pay in British Columbia: start with your gross income, subtract federal income tax, subtract British Columbia provincial tax, subtract CPP contributions (5.95% up to $68,500), and subtract EI premiums (1.66% up to $63,200). The calculator above does all of this automatically.