NEWS

British Columbia & Ontario Tax Rates 2024

Taxable Income Range	Federal Rate	BC Rate	Ontario Rate	Total Rate (BC)	Total Rate (ON)
Up to $47,000	15%	5.06%	5.05%	20.06%	20.05%
$47,001 – $55,867	15%	7.70%	9.15%	22.70%	24.15%
$55,868 – $95,875	20.5%	7.70%	9.15%	28.20%	29.65%
$95,876 – $133,664	26%	10.50–12.29%	11.16–12.16%	36.50–38.29%	37.16–38.16%
$133,665 – $181,232	26–29%	12.29–14.70%	12.16–13.16%	38.29–43.70%	38.16–42.16%
$181,233 – $246,752	29%	16.80–20.50%	13.16%	45.80–49.50%	42.16%
$246,753 and over	33%	20.50%	13.16%	53.50%	46.16% (before surtax)