A tax bracket is a range of annual taxable income. Income past a certain point is taxed at a higher rate. The tax brackets are indexed each year to the Consumer Price Index for B.C. (BC CPI). For the 2026 tax year, the tax brackets were increased from the previous year by a BC CPI rate of 2.2%.

The Federal tax brackets and personal tax credit amounts are increased for 2026 by an indexation factor of 1.02 (2% increase). See Indexation of the Personal Income Tax System for how the indexation factors are calculated.

Information on income tax rates in Canada including federal rates and those rates specific to provinces and territories.

2 weeks ago - The second ceiling in 2026 is $85,000, up from $81,200 in 2025. To work out the maximum CPP contribution under the second ceiling, employees have to take the difference between $74,600 and $85,000, which is $10,400, and multiply that amount ...

Estimate your British Columbia taxes for with our BC Income Tax Calculator. Get your estimated tax refund, after-tax income, marginal tax rate & tax brackets.

The 2026 B.C. personal income tax brackets and rates and basic tax credits are now posted on our website.

1 week ago - 2026 Tax Brackets Below you will ... (2026) Combined Federal & Provincial Marginal Tax Rates Taxable Income Tax Rate $0 – $47,000 24.80% $47,001 –...

The BC CPI used to adjust base amounts was 2.8% for 2025 and 2.2% for 2026. The B.C. tax reduction credit is a non-refundable tax credit for individuals who have a net income below a certain amount.

December 3, 2025 - BC author on the merits of being ... and $114,750. In 2026, that bracket and rate will cover the portion of income between $58,523 and $117,045....

April 11, 2025 - ... The basic Film Incentive BC tax credit, which applies to domestic productions, will increase from 35% to 40% of eligible labor costs, while the Production Services Tax Credit, benefiting international productions, rises from 28% to 36% for ...

Here are the 2026 federal and provincial income tax brackets in Canada.

December 2, 2025 - The Canada Child Benefit has increased from $7,997 to $8,157 per child under the age of 6, and from $6,748 to $$6,883 per child between the ages of six and 17, effective July 2025 to June 2026 · Considering both Canadian and Alberta tax brackets ...

2 weeks ago - Explore Canada’s updated income tax brackets for 2026, including federal threshold changes, new tax rates, basic personal amount increases, and how provincial taxes affect your total tax bill.

November 13, 2025 - The 2026 federal lowest tax rate of fourteen percent represents a one percentage point reduction from the 2024 rate of fifteen percent. For an individual in the lowest federal tax bracket earning fifty-seven thousand three hundred seventy-five ...

December 2, 2025 - Several tax changes will be implemented next year and will affect how much you take home after deductions.

December 4, 2025 - For 2025, there has also been a change from 15% to 14% for income in the lowest bracket. The change happened on Canada Day, so the effective rate on the first bracket is 14.5% for 2025 and 14% thereafter.

For 2026, the marginal rate for $181,440 to $258,482 is 29.29% because of the above-noted personal amount reduction through this tax bracket.

December 12, 2025 - As you can see, no matter where you live in BC, your marginal tax rate is going to be the same, but it will differ if you live in a different province. With that in mind, everyone’s tax situation is going to look a little bit different. Let’s take a look at how much tax you would pay based on different salaries. Just like with personal tax rates, corporations have tax rates as well. As of 2026, the corporate tax rate you are subject to is based on whether you’re considered to be a corporation or a small business.

in 1 year - The federal rate for the fourth bracket is 29 per cent, with the previous upper threshold at $253,414. Income above $258,482. The top federal tax rate is 33 per cent. Here’s a procrastinator’s guide to the Top 10 last-minute tax tips ...

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