Important Information

Tax Rate Bracket 2024

Federal Tax
<$55,867
$55,868 - $111,733
$111,734 - $173,205
$173,206 - $246,752
>$246,753
15.00%
20.50%
26.00%
29.00%
33.00%
 
BC Tax
<$47,937
$47,938 - $95,875
$95,876 - $110,076
$110,077 - $133,664
$133,665 - $181,232
$181,233 - $252,752
>$252,753
5.06%
7.70%
10.50%
12.29%
14.70%
16.80%
20.50%

Basic Personal Amount 2024:

Federal: $15,705

BC: $12,580

Age Amount (65+ years of age) 2024:

Federal: $8,790

BC: $5,641

 

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