2024 British Columbia Income Tax Brackets & Rates
Federal and provincial tax brackets, capital gains rates, and corporate tax rates for British Columbia in tax year 2024.
Canadian Federal Income Tax Brackets (2024)
| From | To | Rate |
|---|---|---|
| CA$0 | CA$55,867 | 15.00% |
| CA$55,867 | CA$111,733 | 20.50% |
| CA$111,733 | CA$173,205 | 26.00% |
| CA$173,205 | CA$246,752 | 29.00% |
| CA$246,752 | ∞ | 33.00% |
British Columbia Provincial Income Tax Brackets (2024)
| From | To | Rate |
|---|---|---|
| CA$0 | CA$45,654 | 5.06% |
| CA$45,654 | CA$91,337 | 7.70% |
| CA$91,337 | CA$104,835 | 10.50% |
| CA$104,835 | CA$127,299 | 12.29% |
| CA$127,299 | CA$172,602 | 14.70% |
| CA$172,602 | CA$240,716 | 16.80% |
| CA$240,716 | ∞ | 20.50% |
Additional Information
- Federal Corporate Tax Rate
- 15.00%
- Provincial Corporate Tax Rate
- 12.00%
- Federal Basic Personal Amount
- CA$15,705