Chartered Professional Accountant

Contacts:

Canada Revenue Agency Personal taxation: 1.800.959.8281

www.cra.gc.ca

Canada Revenue Agency Corporate taxation: 1.800.959.5525

www.cra.gc.ca

Worksafe BC: 1.888.967.5377

www.worksafebc.com

Service Canada: 1.800.622.6232

www.servicecanada.gc.ca

BC Registry Services: 1.800.663.6102 (annual report filing)

www.corporateonline.gov.bc.ca

Rates:

Basic Personal Amounts:

2022 Personal combined BC Federal/Provincial Selected Personal Tax Calculations:

Taxable Income       Salary/Interest         Capital Gains      Eligible Dividends    Ineligible Dividends

$43,070                                20.1                              10.0                            0.0                                10.4

$50,197                                22.7                              11.4                            0.0                                13.5

$86,141                                28.2                              14.1                            1.6                                19.8

$98,901                                31.0                              15.5                            5.5                                23.0

$100,392                              32.8                              16.4                            8.0                                25.1

$120,094                              38.3                              19.2                          15.6                                31.4

$155,625                              40.7                              20.4                          18.9                                34.2

$162,832                              44.1                              22.0                          23.5                                38.0

$221,708                              46.2                              23.1                          26.4                                40.5

$227,091                              49.8                              24.9                          31.4                                44.5

$227,091 and up                 53.5                              26.8                          36.5                                48.9

Dates:

February 28th - T Slips due (T4, T5, Etc.)

March 1st - RRSP contributions up to this date must be reported on previous years tax return

March 31st - T3 Returns, T5013 and NR4

April 30th - Personal T1 Returns due and taxes thereon

June 15th - Self employed T1 Returns due including spouse's return (Interest on balances owing are charged as of May 1st)

Date of Death Returns 70 (1) - later of six months after death or April 30th year following death

T3 Returns due 90 days from year end

Corporate Returns are due 6 months from year end

Worksafe BC returns are due late January, early February