Income Tax Calculator British Columbia

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary $8,486

EI deduction - $134

CPP deduction - $284

Federal tax deduction - $1,017

Total tax - $1,435

Net pay * $7,051

Marginal tax rate 21.2%

Average tax rate 16.9%

16.9%Total tax

83.1%

Net pay

The Taxberg

$7,051

Net pay

$472

Tax the employer pays

$1,435

Tax you pay

Total tax paid

$1,907

Did you know your employer also pays tax on your salary? It costs the employer $472 to pay you $8,486. In other words, every time you spend $10 of your hard-earned money, $2.25 goes to the government.

Real tax rate

21.3%

So, with you and the employer both paying tax, what used to be a 16.9% tax rate now rises to 21.3%, meaning your real tax rate is actually 4.4% higher than what it seemed at first.

Summary

If you make $8,486 a year living in the region of British Columbia, Canada, you will be taxed $1,435. That means that your net pay will be $7,051 per year, or $588 per month. Your average tax rate is 16.9% and your marginal tax rate is 21.2%. 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 $21.2, hence, your net pay will only increase by $78.8.

Bonus Example

A $1,000 bonus will generate an extra $788 of net incomes. A $5,000 bonus will generate an extra $3,940 of net incomes.

Province

AlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland and LabradorNorthwest TerritoriesNova ScotiaNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon

Tax per income

$8,500$9,000$9,500$10,000$10,500$11,000$11,500$12,000$12,500$13,000$13,500$14,000$14,500$15,000$15,500$16,000$16,500$17,000$17,500$18,000

Tax per region

Country	Net pay	Average tax	Rank
Quebec	CAD 7,190	15.3%	1
British Columbia	CAD 7,051	16.9%	2
Ontario	CAD 6,750	20.5%	3
Alberta	CAD 6,244	26.4%	11
Saskatchewan	CAD 6,204	26.9%	12
Manitoba	CAD 6,179	27.2%	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.