Tax Rates

B.C. personal income tax rates apply to specific tax brackets. A tax bracket is a range of annual income. Income past a certain point is taxed at a higher rate. The tax brackets are indexed each year to the Consumer Price Index for B.C. (BC CPI).

For the 2016 tax year, the tax brackets were increased from the previous year by a BC CPI rate of 0.9%.

Note: For the 2015 tax year, there is a temporary tax rate and tax bracket of 16.8% on taxable income over $151,050.

Personal Income Tax Brackets and Rates - 2016 Tax Year

Taxable Income - 2016 Brackets Tax Rate
$0 to $38,210 5.06%
$38,210.01 to $76,421 7.70%
$76,421.01 to $87,741 10.50%
$87,741.01 to $106,543 12.29%
Over $106,543 14.70%

Tax rates are applied on a cumulative basis. For example, if your taxable income is more than $38,210, the first $38,210 of taxable income is taxed at 5.06%, the next $38,211 of taxable income is taxed at 7.70%, the next $11,320 is taxed at 10.5%, the next $18,802 of taxable income is taxed at 12.29% and any taxable income over $106,543 is taxed at 14.70%.

Personal Income Tax Brackets and Rates - 2015 Tax Year

Taxable Income - 2015 Brackets Tax Rate
$0 to $37,869 5.06%
$37,869.01 to $75,740 7.70%
$75,740.01 to $86,958 10.50%
$86,958.01 to $105,592 12.29%
$105,592.01 to $151,050 14.70%
Over $151,050 16.80%

Alternative Minimum Tax

If you're subject to minimum tax under the federal Income Tax Act, you're also subject to B.C. minimum tax. The B.C. minimum tax is calculated as a percentage of your federal minimum tax and is currently 33.7%.

Personal Income Tax Credits

Learn more about basic tax credits available to individuals. 

Corporate Income Tax Rates

For provincial income tax information for businesses and corporations, see the corporate income tax page.

Useful Contacts

Contact the Canada Revenue Agency with your questions about income tax or for assistance in completing your income tax return. 

Phone:1-800-959-8281
(Toll-free in Canada)

Share Button