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

BC 2013 and 2014 Personal Marginal Income Tax Rates

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

The BC tax brackets and personal amount were increased for 2014 by an indexation factor of 1.001.  The Federal tax brackets and personal amount were increased for 2014 by an indexation factor of 1.009.  Provincial bracket thresholds and personal amounts for 2014 have been confirmed.

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British Columbia (BC)
Personal Income Tax Brackets and Tax Rates

2014 Taxable Income   2014 Tax Rates 2013 Taxable Income   2013 Tax Rates
first $37,606 5.06% first $37,568 5.06%
over $37,606 up to $75,213 7.70% over $37,568 up to $75,138 7.70%
over $75,213 up to $86,354 10.50% over $75,138 up to $86,268 10.50%
over $86,354 up to $104,858 12.29% over $86,268 up to $104,754 12.29%
over $104,858 up to $150,000 14.70% over $104,754 14.70%
over $150,000 16.80%  

British Columbia (BC)
Combined Federal & Provincial Tax Brackets and Tax Rates

2014 Taxable Income   2014 Marginal Tax Rates 2013 Taxable Income   2013 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible
Dividends
Non-Eligible
Dividends
Eligible
Dividends
Non-Eligible
Dividends
first $37,606 20.06% 10.03% -6.84% 7.61% first $37,568 20.06% 10.03% -6.84% 4.16%
over $37,606 up to $43,953 22.70% 11.35% -3.20% 10.73% over $37,568 up to $43,561 22.70% 11.35% -3.20% 7.46%
over $43,953 up to $75,213 29.70% 14.85% 6.46% 18.99% over $43,561 up to $75,138 29.70% 14.85% 6.46% 16.21%
over $75,213 up to $86,354 32.50% 16.25% 10.32% 22.29% over $75,138 up to $86,268 32.50% 16.25% 10.32% 19.71%
over $86,354 up to $87,907 34.29% 17.15% 12.79% 24.40% over $86,268 up to $87,123 34.29% 17.15% 12.79% 21.95%
over $87,907 up to $104,858 38.29% 19.15% 18.31% 29.12% over $87,123 up to $104,754 38.29% 19.15% 18.31% 26.95%
over $104,858 up to $136,270 40.70% 20.35% 21.64% 31.97% over $104,754 up to $135,054 40.70% 20.35% 21.64% 29.96%
over $136,270 up to $150,000 43.70% 21.85% 25.78% 35.51% over $135,054 43.70% 21.85% 25.78% 33.71%
over $150,000 45.80% 22.90% 28.68% 37.98%  

Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
Note:  Gross-up rate for non-eligible dividends is 18% in 2014, 25% in 2013.  Above rates reflect automatic change for 2014 in non-eligible dividend tax credit rate due to the gross-up reduction.  For more information see BC non-eligible dividend tax credit.

BC Basic Personal Amount
2014 Tax Rate 2013 Tax Rate
$9,869 5.06% $10,276 5.06%
Federal Basic Personal Amount
2014 Tax Rate 2013 Tax Rate
$11,138 15.00% $11,038 15.00%

BC's basic personal amount tax credit was reduced effective April 1, 2013, due to the re-implementation of the PST.
The above tax credit amount for 2013 is the blended rate for the tax year.

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

 

Revised: April 22, 2014

 

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