Free British Columbia Self-Employed Tax Calculator 2024
Calculate your combined federal and British Columbia provincial income tax as a self-employed individual in 2024. Enter your income and allowable expenses to see your full 2024 tax breakdown based on CRA (Canada Revenue Agency) rates.
British Columbia Provincial Income Tax Bands (2024)
- 5.06% on first C$45,654
- 7.70% on C$45,654–C$91,310
- 10.50% on C$91,310–C$104,835
- 12.29% on C$104,835–C$127,299
- 14.70% on C$127,299–C$172,602
- 16.80% on C$172,602–C$240,716
- 20.50% on income over C$240,716
Provincial personal amount: C$11,981
Federal Income Tax Bands (2024)
- 15% on first C$55,867
- 20.5% on C$55,867–C$111,733
- 26% on C$111,733–C$154,906
- 29% on C$154,906–C$220,000
- 33% on income over C$220,000
Federal Basic Personal Amount: C$15,705
CPP Contributions (Self-Employed)
Self-employed Canadians pay CPP at 10.9% on net income between C$3,500 and C$68,500 for 2024.
Sales Tax — PST
British Columbia uses PST (7%) collected separately from federal GST (5%). GST registration required once revenues exceed C$30,000.