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

BC 2019 and 2018 Personal Marginal Income Tax Rates

BC Income Tax Act s. 4.1, 4.3, 4.52, 4.69

The Federal tax brackets and personal amounts are increased for 2019 by an indexation factor of 1.022, and the BC brackets and amounts are increased by an indexation factor of 1.026.  The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.

The BC September 2017 Budget increased the enhanced dividend tax credit from 10% of the taxable dividend to 12%, effective January 1, 2019.

The 2019 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 2019, 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

2019 Taxable Income 2019 Tax Rates 2018 Taxable Income 2018 Tax Rates
first $40,707 5.06% first $39,676 5.06%
over $40,707 up to $81,416 7.70% over $39,676 up to $79,353 7.70%
over $81,416 up to $93,476 10.50% over $79,353 up to $91,107 10.50%
over $93,476 up to $113,506 12.29% over $91,107 up to $110,630 12.29%
over $113,506 up to $153,900 14.70% over $110,630 up to $150,000 14.70%
over $153,900 16.80% over $150,000 16.80%

Combined Federal & British Columbia Tax Brackets and Tax Rates

2019 Taxable Income 2019 Marginal Tax Rates 2018 Taxable Income 2018 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $40,707 20.06% 10.03% -9.60% 10.43% first $39,676 20.06% 10.03% -6.84% 9.23%
over $40,707 up to $47,630 22.70% 11.35% -5.96% 13.47% over $39,676 up to $46,605 22.70% 11.35% -3.20% 12.30%
over $47,630 up to $81,416 28.20% 14.10% 1.63% 19.80% over $46,605 up to $79,353 28.20% 14.10% 4.39% 18.68%
over $81,416 up to $93,476 31.00% 15.50% 5.49% 23.02% over $79,353 up to $91,107 31.00% 15.50% 8.25% 21.92%
over $93,476 up to $95,259 32.79% 16.40% 7.96% 25.07% over $91,107 up to $93,208 32.79% 16.40% 10.72% 24.00%
over $95,259 up to $113,506 38.29% 19.15% 15.55% 31.40% over $93,208 up to $110,630 38.29% 19.15% 18.31% 30.38%
over $113,506 up to $147,667 40.70% 20.35% 18.88% 34.17% over $110,630 up to $144,489 40.70% 20.35% 21.64% 33.18%
over $147,667 up to $153,900 43.70% 21.85% 23.02% 37.62% over $144,489 up to $150,000 43.70% 21.85% 25.78% 36.66%
over $153,900 up to $210,371 45.80% 22.90% 25.92% 40.04% over $150,000 up to $205,842 45.80% 22.90% 28.68% 39.09%
over $210,371 49.80% 24.90% 31.44% 44.64% 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 15% in 2019, and 16% in 2018.
For more information see BC dividend tax credits.

British Columbia Basic Personal Amount

2019 Personal Amount 2019 Tax Rate 2018 Personal Amount 2018 Tax Rate
$10,682 5.06% $10,412 5.06%

Federal Basic Personal Amount

2019 Personal Amount 2019 Tax Rate 2018 Personal Amount 2018 Tax Rate
$12,069 15% $11,809 15%

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

 

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Revised: November 13, 2018

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