2024 Tax Information

BC Tax Information

$0to$15,7050.00%
$15,706to$23,39015.00%
$23,391to$24,33820.06%
$24,339to$39,70323.62%
$39,704to$47,93720.06%
$47,938to$55,86722.70%
$55,868to$95,87528.20%
$95,876to$110,076 31.00%
$110,077to$111,733 32.79%
$111,734to$133,664 38.29%
$133,665to$173,20540.70%
$173,206to$181,23244.02%
$181,233to$246,75246.12%
$246,753to$252,75249.80%
$252,753 and up53.50%

Ontario Tax Information

$0to$15,7050.00%
$15,706 to$18,06215.00%
$18,063 to$23,72625.10%
$23,727to$51,44620.05%
$51,447to$55,86724.15%
$55,868to$90,59529.65%
$90,596to$102,89431.48%
$102,895to$106,73533.89%
$106,736to$111,73337.91%
$111,734to$150,00043.41%
$150,001to$173,20544.97%
$173,206to$220,00048.29%
$220,001to$246,75249.85%
$246,753and up53.53%

For Combined Federal and Provincial tax rates in each province and territory, click here. This is a website from Ernst & Young that has great tax calculators for all provinces.

To calculate the refund you will get from an RSP contribution, check out this nifty RSP tax calculator from Ernst & Young.

 

CPP Maximum Pensionable Earnings$68,500
CPP Maximum Employee and Employer Contribution$3,867.50
CPP Maximum Self-Employed Contribution$7,735
EI Maximum Insurable Earnings$63,200
EI Maximum Employee Premium$1,049.12
EI Maximum Employer Premium$1,468.77