| 2020 Federal Personal Income Tax Brackets and Tax Rates | |
| Taxable Income | Tax Rate |
| first $48,535 | 15.00% |
| $48,535 – $97,069 | 20.50% |
| $97,069 – $150,473 | 26.00% |
| $150,473 – $214,368 | 29.22% |
| over $214,368 | 33.00% |
| 2020 Combined Federal & British Columbia Tax Brackets and Tax Rates | |
| Taxable Income | Tax Rate |
| first $41,725 | 20.06% |
| $41,725 – $48,535 | 22.70% |
| $48,535 – $83,451 | 28.20% |
| $83,451 – $95,812 | 31.00% |
| $95,812 – $97,069 | 32.79% |
| $97,069 – $116,344 | 38.29% |
| $116,344 – $150,473 | 40.70% |
| $150,473 – $157,748 | 43.92% |
| $157,748 – $214,368 | 46.02% |
| $214,368 – $220,000 | 49.80% |
| over $220,000 | 53.50% |