BC Tax Brackets 2026
Provincial Tax Rates
| Taxable Income |
BC Rate |
| Up to $47,937 |
5.06% |
| $47,938 - $95,875 |
7.70% |
| $95,876 - $110,076 |
10.50% |
| $110,077 - $133,664 |
12.29% |
| $133,665 - $181,232 |
14.70% |
| $181,233 - $252,752 |
16.80% |
| Over $252,752 |
20.50% |
Combined Federal + BC Rates
| Taxable Income |
Combined Rate |
| Up to $47,937 |
20.06% |
| $47,937 - $55,867 |
22.70% |
| $55,867 - $95,875 |
28.20% |
| $95,875 - $110,076 |
31.00% |
| $110,076 - $111,733 |
32.79% |
| $111,733 - $133,664 |
38.29% |
| $133,664 - $173,205 |
40.70% |
| $173,205 - $181,232 |
44.02% |
| $181,232 - $246,752 |
46.12% |
| $246,752 - $252,752 |
49.80% |
| Over $252,752 |
53.50% |
BC Tax Credits
Non-Refundable Credits
| Credit |
2026 Amount |
| Basic personal amount |
~$12,932 |
| Spouse/CLP amount |
~$11,089 |
| Age amount (65+) |
~$5,903 |
| Disability amount |
~$9,428 |
| Pension income |
~$1,000 |
BC Climate Action Tax Credit
| Recipient |
Annual Amount |
| Adult |
~$504 |
| Spouse |
~$252 |
| Child |
~$126 |
| Single parent bonus |
~$252 |
Paid quarterly, income-tested.
BC Family Benefit
| Children |
Maximum (approximate) |
| First child |
~$2,188/year |
| Second child |
~$1,375/year |
| Third+ child |
~$1,125/year |
Tax Calculation Example
$100,000 Income in BC
| Bracket |
Income |
Rate |
Tax |
| Federal 1 |
$55,867 |
15% |
$8,380 |
| Federal 2 |
$44,133 |
20.5% |
$9,047 |
| BC 1 |
$47,937 |
5.06% |
$2,426 |
| BC 2 |
$47,938 |
7.70% |
$3,691 |
| BC 3 |
$4,125 |
10.50% |
$433 |
| Total |
|
|
~$23,977 |
Before credits.
BC Sales Tax Advantage
PST Exemptions
| Exempt Items |
PST |
| Groceries |
0% |
| Prescription drugs |
0% |
| Children’s clothing |
0% |
| Books |
0% |
PST Rate
| Item Type |
Rate |
| Most goods |
7% |
| Liquor |
10% |
| Accommodation |
8% |
| Vehicles |
7-20% |
BC Home Owner Grant
Property Tax Reduction
| Type |
Grant Amount |
| Regular |
~$570 |
| Senior/Disabled |
~$845 |
| Additional senior |
~$275 |
Eligibility
| Requirement |
Details |
| Principal residence |
In BC |
| BC resident |
On date of grant |
| Property value |
Under threshold |
BC Housing Benefits
BC Rental Tax Credit
| For Renters |
Details |
| Low-income |
May qualify |
| Through taxes |
Apply on return |
First-Time Home Buyer
| Program |
Benefit |
| Property Transfer Tax Exemption |
Up to $500K exempt |
| Newly Built Exemption |
Up to $750K exempt |
Comparison to Other Provinces
Top Marginal Rates
| Province |
Top Rate |
| BC |
53.50% |
| Alberta |
48.00% |
| Ontario |
53.53% |
| Quebec |
53.31% |
Overall Tax Burden
| Factor |
BC Advantage |
| No PST on groceries |
Saves ~$500/year |
| Climate credits |
Quarterly payments |
| Health premiums |
None (eliminated) |
Tax Planning in BC
Strategies
| Strategy |
Benefit |
| RRSP contributions |
Reduce taxable income |
| Dividend income |
BC dividend tax credit |
| Capital gains |
Lower effective rate |
| Income splitting |
Spousal RRSP |
BC-Specific Considerations
| Factor |
Planning |
| 7 brackets |
More opportunity to optimize |
| High top rate |
RRSP more valuable |
| Climate credit |
File return to receive |