Personal Tax
McPhee Tax & Accounting Inc. offers personal tax services to individuals and sole proprietors in the Cowichan Valley. See our table below for how we can help with your Personal & Sole Proprietor tax and accounting needs.
| Service | Pricing |
|---|---|
| Simple Tax Return Drop-off | $115.00 includes 1 slip (plus $7.00 per additional slips) |
| Meeting with tax preparer | $20.00 / with Colin: $50.00 |
| Pension splitting | $10.00+ Capital Gains: $40.00 |
| Rental schedule | $115.00 |
| Sale of principal residence | $75.00 |
| Business Schedule | $125.00 (bookkeeping preparation: min. $210.00) |
| Medical Receipts | $7.00 to $21.00 depending on time required |
| 2023 Personal Tax Bracket | Tax rate (Combined BC & Federal) |
|---|---|
| first $47,937 | 20.06% |
| over $47,937 up to $55,867 | 22.70% |
| over $55,867 up to $95,875 | 28.20% |
| over $95,875 up to $110,076 | 31.00% |
| over $110,076 up to $111,733 | 32.79% |
| over $111,733 up to $133,664 | 38.29% |
| over $133,664 up to $173,205 | 40.70% |
| over $173,205 up to $181,232 | 44.02% |
| over $181,232 up to $246,752 | 46.12% |
| over $246,752 up to $252,752 | 49.80% |
| over $252,752 | 53.50% |