BC Income Tax Calculator
Calculate your British Columbia income tax — BC provincial rates 5.06%–20.5% combined with federal for your total tax bill.
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How to use this calculator
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BC has 7 provincial income tax brackets from 5.06% to 20.5%.
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BC's top combined federal + provincial marginal rate: 53.5% above $240,716.
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BC also charges PST 7% on most goods (not included here — this covers income tax only).
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BC has no provincial surtax unlike Ontario — the bracket rates are the actual rates.
Frequently asked questions
What are BC's 2024 income tax rates?
BC 2024 brackets: 5.06% ($0–$45,654), 7.7% ($45,654–$91,310), 10.5% ($91,310–$104,835), 12.29% ($104,835–$127,299), 14.7% ($127,299–$172,602), 16.8% ($172,602–$240,716), 20.5% (above $240,716). BC's top rate of 20.5% is among the highest provincial rates, though Alberta's 10% flat is much lower.
Does BC have a PST rebate or exemption?
BC PST is 7% on most goods. Key exemptions: basic groceries, prescription drugs, bicycles, children's clothing (some items). Used vehicles sold privately: PST based on actual price or wholesale value. Unlike GST, PST in BC is managed provincially (not by CRA). The combined GST + PST in BC is 12%.
What is the BC climate action tax credit?
BC's Climate Action Tax Credit is a quarterly payment to lower-income BC residents to offset the federal carbon price. For 2024: up to $504/adult and $126/child per year. Paid automatically via CRA if you file a BC tax return. Phases out at incomes above $45,282 (single) or higher for families.
How does BC's top rate of 20.5% work?
BC's top provincial rate of 20.5% applies to income above $240,716. Combined with the 33% federal rate, the marginal rate is 53.5% — meaning each additional dollar earned above that threshold keeps only $0.465. This makes RRSP contributions at the top bracket exceptionally valuable in BC (53.5 cents saved per dollar contributed).
BC Income Tax Calculator 2024 — British Columbia + federal combined tax
Vancouver income comparison
Vancouver is Canada's most expensive city, combined with BC's high top tax rate (53.5%). At $150,000 income: BC take-home ~$96,000/year. Calgary equivalent: ~$103,000. The $7,000/year difference is meaningful but Vancouver's job market, climate, and quality of life attract workers despite high costs and taxes. Many BC tech workers use RRSP aggressively to reduce their effective rate.
Learn more from an authoritative source:
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Results are estimates for informational purposes only and do not constitute professional financial, medical, legal, or technical advice. Read full disclaimer →