Personal income 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 2022 tax year, the tax brackets were increased from the previous year by a BC CPI rate of 2.1%.

Personal income tax brackets and rates - 2022 tax year

Taxable Income - 2022 Brackets Tax Rate
$0 to $43,070 5.06%
$43,070.01 to $86,141 7.70%
$86,141.01 to $98,901 10.50%
$98,901.01 to $120,094 12.29%
$120,094.01 to $162,832 14.70%
$162,832.01 to $227,091 16.80%
Over $227,091 20.5%

Tax rates are applied on a cumulative basis. For example, if your taxable income is more than $43,070, the first $43,070 of taxable income is taxed at 5.06%, the next $43,071 of taxable income is taxed at 7.70%, the next $12,760 of taxable income is taxed at 10.5%, the next $21,193 of taxable income is taxed at 12.29%, the next $42,738 of taxable income is taxed at 14.70%, the next $64,259 is taxed at 16.80%, and any income above $227,091 is taxed at 20.5%.

Personal income tax brackets and rates - 2021 tax year

Taxable Income - 2021 Brackets Tax Rate
$0 to $42,184 5.06%
$42,184.01 to $84,369 7.70%
$84,369.01 to $96,866 10.50%
$96,866.01 to $117,623 12.29%
$117,623.01 to $159,483 14.70%
$159,483.01 to $222,420 16.80%
Over $222,420 20.5%

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%.