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Income Tax Calculator British Columbia

Find out how much your salary is after tax

Salary rate
Withholding
Salary $21,242
EI deduction - $336
CPP deduction - $1,011
Federal tax deduction - $2,791
Provincial tax deduction - $543
Total tax - $4,682
Net pay * $16,560
Marginal tax rate 28.1%
Average tax rate 22.0%
22%Total tax
78%
Net pay
The Taxberg
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cloud
$16,560
Net pay
$1,481
Tax the employer pays
$4,682
Tax you pay
Country flagIceberg
Icepiece
Total tax paid
$6,163
Did you know your employer also pays tax on your salary? It costs the employer $1,481 to pay you $21,242. In other words, every time you spend $10 of your hard-earned money, $2.9 goes to the government.
Real tax rate
27.1%
So, with you and the employer both paying tax, what used to be a 22% tax rate now rises to 27.1%, meaning your real tax rate is actually 5.1% higher than what it seemed at first.
Summary

If you make $21,242 a year living in the region of British Columbia, Canada, you will be taxed $4,682. That means that your net pay will be $16,560 per year, or $1,380 per month. Your average tax rate is 22.0% and your marginal tax rate is 28.1%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $100 in your salary will be taxed $28.1, hence, your net pay will only increase by $71.9.

Bonus Example

A $1,000 bonus will generate an extra $719 of net incomes. A $5,000 bonus will generate an extra $3,595 of net incomes.

Tax per region
Country Net payAverage taxRank
QuebecCAD 16,89020.5%1
British ColumbiaCAD 16,56022.0%2
NunavutCAD 16,30823.2%3
AlbertaCAD 15,11428.8%11
SaskatchewanCAD 15,01529.3%12
ManitobaCAD 14,95529.6%13
NOTE* Withholding is calculated based on the British Columbia tables of CA, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.