Income Tax Calculator British Columbia

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary $54,170

EI deduction - $856

CPP deduction - $2,888

Federal tax deduction - $7,591

Provincial tax deduction - $2,845

Total tax - $14,180

Net pay * $39,990

Marginal tax rate 33.8%

Average tax rate 26.2%

26.2%Total tax

73.8%

Net pay

The Taxberg

$39,990

Net pay

$4,086

Tax the employer pays

$14,180

Tax you pay

Total tax paid

$18,266

Did you know your employer also pays tax on your salary? It costs the employer $4,086 to pay you $54,170. In other words, every time you spend $10 of your hard-earned money, $3.37 goes to the government.

Real tax rate

31.4%

So, with you and the employer both paying tax, what used to be a 26.2% tax rate now rises to 31.4%, meaning your real tax rate is actually 5.2% higher than what it seemed at first.

Summary

If you make $54,170 a year living in the region of British Columbia, Canada, you will be taxed $14,180. That means that your net pay will be $39,990 per year, or $3,333 per month. Your average tax rate is 26.2% and your marginal tax rate is 33.8%. 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 $33.8, hence, your net pay will only increase by $66.2.

Bonus Example

A $1,000 bonus will generate an extra $662 of net incomes. A $5,000 bonus will generate an extra $3,310 of net incomes.

Province

AlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland and LabradorNorthwest TerritoriesNova ScotiaNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon

Tax per income

$54,500$55,000$55,500$56,000$56,500$57,000$57,500$58,000$58,500$59,000$59,500$60,000$60,500$61,000$61,500$62,000$62,500$63,000$63,500$64,000

Tax per region

Country	Net pay	Average tax	Rank
Nunavut	CAD 40,629	25.0%	1
British Columbia	CAD 39,990	26.2%	2
Northwest Territories	CAD 39,624	26.9%	3
Manitoba	CAD 37,004	31.7%	11
Prince Edward Island	CAD 37,005	31.7%	12
Nova Scotia	CAD 36,889	31.9%	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.