TWealth Advisory Inc. | An Accounting Firm In British Columbia

British Columbia Combined Federal and Provincial Personal Income Tax Rates – 2024

 Taxable income Marginal rate on
 From To Basic taxRegular incomeEligible dividend incomeOther dividend income Capital gains
 $                          –                      15,705                              –                                –                                –                                –                                –  
                    15,706                    23,390                       1,15315.00%0.00%6.87%7.50%
                    23,391                    24,338                       1,34320.06%0.00%10.43%10.03%
                    24,339                    39,703                       4,97223.62%0.00%14.53%11.81%
                    39,704                    47,937                       6,62420.06%0.00%10.43%10.03%
                    47,938                    55,867                       8,42422.70%0.00%13.47%11.35%
                    55,868                    95,875                    19,70628.20%7.56%19.80%14.10%
                    95,876                  110,076                    24,10931.00%7.56%23.02%15.50%
                  110,077                  111,733                    24,65232.79%7.96%25.07%16.40%
                  111,734                  133,664                    33,04938.29%15.55%31.40%19.15%
                  133,665                  173,20549,14240.70%18.88%34.17%20.35%
                  173,206                  181,232                    52,67644.02%23.45%37.98%22.01%
                  181,233                  246,752                    82,89146.12%26.35%40.40%23.06%
                  246,753                  252,752                    85,87949.80%31.44%44.64%24.90%
                  252,753 and up53.50%36.54%48.89%26.75%

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