This is income tax calculator for British Columbia province residents for year 2012-2022. Current BC personal tax rates in British Columbia and federal tax rates are listed below and check .
IMPORTANT: This tax calculator is used for income tax estimation. Please use Intuit TurboTax if you want to fill your tax return and get tax rebate for previous year. It is free for simple tax returns or gives you 10% discount for more complicated tax returns.
Here is list of netfile software to file your tax return.
British Columbia provincial income tax rates 2022
In 2022 British Columbia provincial government increased all tax brackets and base amount by 2.1% and tax rates are the same as previous year. Base amount is $11,302.
| Taxable income | Rate |
|---|---|
| from $0 to $43,070 | 5.06% |
| from $43,071 to $86,140 | 7.70% |
| from $86,141 to $98,899 | 10.50% |
| from $98,900 to $120,091 | 12.29% |
| from $120,092 to $162,828 | 14.70% |
| from $162,829 to $227,086 | 16.80% |
| over $227,086 | 20.50% |
Federal income tax rates in Canada for 2022
In 2022 Canadian federal income tax brackets and base amount were increased by 2.4%.
Federal personal base amount is $14,398.
| Taxable income | Rate |
|---|---|
| 0 – $50,197 | 15.00% |
| $50,197 – $100,392 | $5,369.85 + 20.50% for income over $50,197 |
| $100,392 – $155,625 | $15,659.83 + 26.00% for income over $100,392 |
| $155,625 – $221,708 | $30,020.41 + 29.00% for income over $155,625 |
| over $221,708 | $49,184.48 + 33.00% for income of $221,708 and over |
Historical British Columbia tax brackets are listed here and historical federal tax brackets and rates can be found here.