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British Columbia
Tax Rates   ->   Current Marginal Tax Rates -> BC Personal Income Tax Rates

BC 2017 and 2018 Personal Marginal Income Tax Rates

BC Income Tax Act s. 4.1, 4.3, 4.52

The Federal tax brackets and personal amounts are increased for 2018 by an indexation factor of 1.015, and the BC brackets and amounts are increased by an indexation factor of 1.020.  The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.

The BC September 2017 Budget announced the introduction of a new top personal tax rate of 16.8% for taxable income that exceeds $150,000, effective January 1, 2018.  The $150,000 bracket will not be indexed.

The 2018 marginal tax rates for non-eligible dividends reflect the rates that are in effect automatically due to the change in the gross-up rate for 2018, as announced in the October 24, 2017 Fall Economic Statement.

Please read the article Understanding the Tables of Personal Income Tax Rates.

British Columbia Personal Income Tax Brackets and Tax Rates

2018 Taxable Income 2018 Tax Rates 2017 Taxable Income 2017 Tax Rates
first $39,676 5.06% first $38,898 5.06%
over $39,676 up to $79,353 7.70% over $38,898 up to $77,797 7.70%
over $79,353 up to $91,107 10.50% over $77,797 up to $89,320 10.50%
over $91,107 up to $110,630 12.29% over $89,320 up to $108,460 12.29%
over $110,630 up to $150,000 14.70% over $108,460 14.70%
over $150,000 16.80%  

Combined Federal & British Columbia Tax Brackets and Tax Rates

2018 Taxable Income 2018 Marginal Tax Rates 2017 Taxable Income 2017 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $39,676 20.06% 10.03% -6.84% 9.23% first $38,898 20.06% 10.03% -6.84% 8.61%
over $39,676 up to $46,605 22.70% 11.35% -3.20% 12.30% over $38,898 up to $45,916 22.70% 11.35% -3.20% 11.70%
over $46,605 up to $79,353 28.20% 14.10% 4.39% 18.68% over $45,916 up to $77,797 28.20% 14.10% 4.39% 18.13%
over $79,353 up to $91,107 31.00% 15.50% 8.25% 21.93% over $77,797 up to $89,320 31.00% 15.50% 8.25% 21.41%
over $91,107 up to $93,208 32.79% 16.40% 10.72% 24.00% over $89,320 up to $91,831 32.79% 16.40% 10.72% 23.50%
over $93,208 up to $110,630 38.29% 19.15% 18.31% 30.38% over $91,831 up to $108,460 38.29% 19.15% 18.31% 29.94%
over $110,630 up to $144,489 40.70% 20.35% 21.64% 33.18% over $108,460 up to $142,353 40.70% 20.35% 21.64% 32.76%
over $144,489 up to $150,000 43.70% 21.85% 25.78% 36.66% over $142,353 up to $202,800 43.70% 21.85% 25.78% 36.27%
over $150,000 up to $205,842 45.80% 22.90% 28.68% 39.09% over $202,800 47.70% 23.85% 31.30% 40.95%
over $205,842 49.80% 24.90% 34.20% 43.73%  

Marginal tax rate for dividends is a % of actual dividends received (not grossed-up taxable amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 17% in 2017, and 16% in 2018.
For more information see BC dividend tax credits.

British Columbia Basic Personal Amount

2018 Personal Amount 2018 Tax Rate 2017 Personal Amount 2016 Tax Rate
$10,412 5.06% $10,208 5.06%

Federal Basic Personal Amount

2018 Personal Amount 2018 Tax Rate 2017 Personal Amount 2016 Tax Rate
$11,809 15% $11,635 15%

BC tax rates can also be seen on the BC Ministry of Finance website.

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Revised: November 22, 2017

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