BC Tax Information

British Columbia (BC)
Combined Federal & Provincial tax rates
2020 Taxable IncomeTax Rate
$0 - $10,9490%
$10,950 - $12,2985.06%
$12,299 - $41,72520.06%
$41,726 - $48,53522.70%
$48,536 - $83,45128.20%
$83,452 - $95,81231.00%
$95,813 - $97,06932.79%
$97,070 - $116,34438.29%
$116,345 - $150,47340.70%
$150,474 - $157,74843.70%
$157,749 - $214,36845.80%
over $214,36849.80%

* Approximates tax payable given basic federal and provincial personal credits

BC Basic Personal Amount 2020: $10,949

Federal Basic Personal Amount 2020: $12,298

CPP & OASMax
Max CPP annual contribution for 2020 - 5.25%:
Max EI annual contribution for 2020 - 1.58%:
$2,898
$856.36
$58,700 Max Pensionable Earnings
$54,200 Max Insurable Earnings
Max CPP monthly benefit payment for 2020:
Max OAS monthly benefit payment for 2020:
$1,175.83
$613.53

For tax rates of other provinces, 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.