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

BC 2015 and 2016 Personal Marginal Income Tax Rates

The Federal tax rates for 2016 are as per Bill C-2 tabled in December 2015.  The BC tax brackets and personal amount were increased for 2016 by an indexation factor of 1.009.  The Federal tax brackets and personal amount were increased for 2016 by an indexation factor of 1.013.  The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.

The 2016 marginal tax rate for non-eligible dividends reflects the rate that is in effect automatically due to the change in the gross-up rate for 2016.  The BC government would have to make legislative amendments in order for this to change.

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

British Columbia Personal Income Tax Brackets and Tax Rates

2016 Taxable Income 2016 Tax Rates 2015 Taxable Income 2015 Tax Rates
first $38,210 5.06% first $37,869 5.06%
over $38,210 up to $76,421 7.70% over $37,869 up to $75,740 7.70%
over $76,421 up to $87,741 10.50% over $75,740 up to $86,958 10.50%
over $87,741 up to $106,543 12.29% over $86,958 up to $105,592 12.29%
over $106,543 14.70% over $105,592 up to $151,050 14.70%
  over $151,050 16.80%

The BC $150,000 tax bracket was temporary for 2014 and 2015, according to the BC 2013 Budget.

Combined Federal & British Columbia Tax Brackets and Tax Rates

2016 Taxable Income 2016 Marginal Tax Rates 2015 Taxable Income 2015 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $38,210 20.06% 10.03% -6.84% 8.27% first $37,869 20.06% 10.03% -6.84% 7.61%
over $38,210 up to $45,282 22.70% 11.35% -3.20% 11.36% over $37,869 up to $44,701 22.70% 11.35% -3.20% 10.73%
over $45,282 up to $76,421 28.20% 14.10% 4.39% 17.79% over $44,701 up to $75,740 29.70% 14.85% 6.46% 18.99%
over $76,421 up to $87,741 31.00% 15.50% 8.25% 21.07% over $75,740 up to $86,958 32.50% 16.25% 10.32% 22.29%
over $87,741 up to $90,563 32.79% 16.40% 10.72% 23.16% over $86,958 up to $89,401 34.29% 17.15% 12.79% 24.40%
over $90,563 up to $106,543 38.29% 19.15% 18.31% 29.60% over $89,401 up to $105,592 38.29% 19.15% 18.31% 29.12%
over $106,543 up to $140,388 40.70% 20.35% 21.64% 32.42% over $105,592 up to $138,586 40.70% 20.35% 21.64% 31.97%
over $140,388 up to $200,000 43.70% 21.85% 25.78% 35.93% over $138,586 up to $151,050 43.70% 21.85% 25.78% 35.51%
over $200,000 47.70% 23.85% 31.30% 40.61% over $151,050 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).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 17% for 2016, 18% for 2015.
For more information see BC dividend tax credits.

British Columbia Basic Personal Amount

2016 Personal Amount 2016 Tax Rate 2015 Personal Amount 2015 Tax Rate
$10,027 5.06% $9,938 5.06%

Federal Basic Personal Amount

2016 Personal Amount 2016 Tax Rate 2015 Personal Amount 2015 Tax Rate
$11,474 15% $11,327 15%

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

Revised: March 20, 2016

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