British Columbia Personal Marginal Income Tax Rates

The British Columbia tax brackets and personal amount have been increased for 2017 by an indexation factor of 1.020.

The British Columbia Basic Personal Amount has also been increased to $10,412 for 2018.

There are 6 tax brackets in British Columbia and 6 corresponding tax rates. The lowest rate is 5.06% and the highest rate is 16.80%. The highest provincial rate is applied above $150,000, however, the federal rate is increased further after this income level. The combined federal and provincial marginal tax rate is 49.80%, which is paid on the income above $205,843.

The highest tax bracket was introduced by the BC September 2017 Budget: 16.8% tax payable on the income that exceeds $150,000, effective January 1, 2018. This bracket won’t be indexed.

Important to note that you can reduce the amount of the B.C personal income tax you owe with several tax credits, however, he Child Arts Tax Credit, Child Fitness Tax Credit and Child Fitness Equipment Tax Credit are eliminated for the 2018 and subsequent tax years.

2018 British Columbia Income Tax Rates

British Columbia Personal Income Tax Brackets and Tax Rates
2018 Taxable income British Columbia Tax rate 2018
$0 - $39,676 5.06%
$39,677 - $79,353 7.70%
$79,354 - $91,106 10.50%
$91,107 - $110,629 12.29%
$110,630 - $150,000 14.70%
$150,001 - 16.80%

Combined Federal & British Columbia Tax Brackets and Tax Rates
Taxable income British Columbia Marginal Tax Rates 2018
$0 - $39,676 20.06%
$39,677 - $46,605 22.70%
$46,606 - $79,353 28.20%
$79,354 - $91,106 31.00%
$91,107 - $93,208 32.79%
$93,209 - $110,629 38.29%
$110,630 - $144,489 40.70%
$144,490 - $150,000 43.70%
$150,001 - $205,842 45.80%
$205,843 - 49.80%
British Columbia Basic Personal Amount
2018 Tax rate
$10,412 5.06%
Federal Basic Personal Amount
2018 Tax rate
$11,810 15.00%

2017 British Columbia Income Tax Rates

British Columbia Personal Income Tax Brackets and Tax Rates
2017 Taxable income British Columbia Tax rate 2017
$0 - $38,898 5.06%
$38,899 - $77,797 7.70%
$77,798 - $89,320 10.50%
$89,321 - $108,460 12.29%
$108,461 - 14.70%

Combined Federal & British Columbia Tax Brackets and Tax Rates
Taxable income British Columbia Marginal Tax Rates 2017
$0 - $38,898 20.06%
$38,899 - $45,916 22.70%
$45,917 - $77,797 28.20%
$77,798 - $89,320 31.00%
$89,321 - $91,831 32.79%
$91,832 - $108,460 38.29%
$108,461 - $142,353 40.70%
$142,354 - $202,800 43.70%
$202,801 - 47.70%
British Columbia Basic Personal Amount
2017 Tax rate
$10,208 5.06%
Federal Basic Personal Amount
2017 Tax rate
$11,635 15.00%