Important Information
Tax Rate Bracket 2023
| Federal Tax | ||||
<$53,359 |
$53,359 - $106,717 |
$106,717 - $165,430 |
$165,430 - $235,675 |
>$235,675 |
15.00% |
20.50% |
26.00% |
29.32% |
33.00% |
| BC Tax | ||||||
<$45,654 |
$45,654 - $91,310 |
$91,310 - $104,835 |
$104,835 - $127,299 |
$127,299 - $172,602 |
$172,602 - $240,716 |
>$240,716 |
5.06% |
7.70% |
10.50% |
12.29% |
14.70% |
16.80% |
20.50% |
Basic Personal Amount 2023:
Federal: $15,000
BC: $11,981
Age Amount (65+ years of age) 2023:
Federal: $8,396
BC: $5,373
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