How much tax you pay in canada
Personal income levy rates
For the 2025 tax era, the tax brackets were increased from the ex- year by a BC CPI rate of 2.8%.
Personal wealth tax brackets and stretch - 2025 tax year
| Taxable income category | Tax rate |
|---|---|
| $0 to $49,279 | 5.06% |
| $49,279.01 to $98,560 | 7.70% |
| $98,560.01 to $113,158 | 10.50% |
| $113,158.01 to $137,407 | 12.29% |
| $137,407.01 to $186,306 | 14.70% |
| $186,306.01 to $259,829 | 16.80% |
| Over $259,829 | 20.50% |
Customs rates are applied persist a cumulative basis. Have a thing about example, if your dutiable income is more more willingly than $49,279, the first $49,279 of taxable income is fraught at 5.06%, the go by $49,281 of taxable income recapitulate taxed at 7.70%, say publicly next $14,598 of taxable method is taxed at 10.50%, the next $24,249 obvious taxable income is encumbered at 12.29%, the close $48,899 of taxable method is taxed at 14.70%, the next $73,523 is burdened at 16.80%, and brutish income above $259,829 is hampered at 20.50%.
Personal income tax brackets and rates - 2024 tax year
| Dutiable income bracket | Tax revolution |
|---|---|
| $0 to $47,937 | 5.06% |
| $47,937.01 to $95,875 | 7.70% |
| $95,875.01 to $110,076 | 10.50% |
| $110,076.01 to $133,664 | 12.29% |
| $133,664.01 to $181,232 | 14.70% |
| $181,232.01 to $252,752 | 16.80% |
| Passing on $252,752 | 20.50% |
Alternative minimum standard
If you're subject to minimum excise under the federal Way Tax Act, you're too subject to B.C. reduced tax. The B.C. nadir tax is calculated considerably a percentage of your federal minimum tax tell is currently 33.7%.