As of the latest available data, the provincial tax rates for British Columbia in 2024 may not be explicitly updated in public records, considering the timing and whether final tax legislation has been enacted. However, typically, the lowest provincial personal income tax rate in British Columbia has been consistent at 5.06% for incomes up to $42,184 (as of prior years), subject to adjustments based on government announcements or budgets that impact the subsequent year’s tax rates.
Tax rates can be influenced by governmental fiscal policies, and adjustments may occur based on the provincial budget and economic conditions. For the most accurate and updated tax information for 2024, it’s advisable to refer to the latest announcements from the Government of British Columbia or consult the Canada Revenue Agency’s official publications.
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