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 BC tax brackets and personal tax credit amounts are increased for 2026 by an indexation factor of 1.022 (2.2% increase).

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

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

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.

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 ...

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 ...

To claim the credit, complete the ... tax credit. The B.C. minimum tax credit is calculated as a percentage of your federal minimum tax credit and is 36.1% for 2026....

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.

1 week ago - The table of marginal tax rates assume that line 23600 net income is equal to taxable income for this purpose. *The Federal basic personal amount comprises two elements: the base amount ($14,829 for 2026) and an additional amount ($1,623 for 2026).

December 2, 2025 - Tax brackets are updated based on inflation rates using the Consumer Price Index. This means that tax bracket thresholds increase in relation to the increase of the costs of goods and services. Here are new federal and provincial tax brackets and rates for 2026:

November 9, 2025 - You’ll pay 5.06% on the first $49,279, then 7.70% on the remaining $10,721 (from $49,280 to $60,000). Combined with federal rates, your marginal tax rate is 22.70%, but your average effective tax rate will be much lower—around 19-20%—because the progressive system means your earlier income was taxed at lower rates. Use a tax calculator for your exact amount based on credits and deductions. The BC basic personal amount for 2026 is $12,580...

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.

November 13, 2025 - The federal government has reduced ... to fourteen percent, effective July 1, 2025. This represents the most significant tax cut in years and applies to millions of Canadian workers and self-employed individuals. ... *Federal rate 14.5% is effective July 1, 2025 (reduced from 15%). From 2026 onward, the federal rate will be 14%...

For 2026 and subsequent tax years, the lowest federal tax bracket will be 14%.

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

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.

Estimate your provincial taxes with our free British Columbia income tax calculator. See your tax bracket, marginal and average tax rates, payroll tax deductions, tax refunds, and taxes owed.

This reference card is designed to help you and your clients with tax planning for the 2026 calendar year. ... combined federal and provincial marginal tax rates and brackets by taxable income source: interest and regular income, capital gains, eligible and ineligible dividends