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BC Income Tax Calculator 2026 | Tax Brackets & Rates

Updated

BC Income Tax 2026

British Columbia uses a seven-bracket progressive income tax system. BC stands out for its low bottom bracket (5.06%), which makes it one of the most affordable provinces for residents earning under $75,000. At higher incomes, BC’s 20.5% top rate brings it closer to other high-tax provinces.

BC eliminated the individual Medical Services Plan premium in 2020, reducing the effective tax burden compared to historical figures. BC residents also receive the Climate Action Tax Credit, a quarterly refundable credit that partially offsets carbon pricing costs.

BC Tax Brackets 2026

Taxable IncomeBC Rate
Up to $47,9375.06%
$47,937 – $95,8757.70%
$95,875 – $110,07610.50%
$110,076 – $133,66412.29%
$133,664 – $181,23214.70%
$181,232 – $252,75216.80%
Over $252,75220.50%

These rates apply to taxable income — your net income after claiming RRSP contributions, union dues, business losses, and other deductions.

Combined Federal + BC Rates

Taxable IncomeFederalBCCombined
Up to $47,93715%5.06%20.06%
$47,937 – $55,86715%7.70%22.70%
$55,867 – $95,87520.5%7.70%28.20%
$95,875 – $110,07620.5%10.50%31.00%
$110,076 – $111,73326%10.50%36.50%
$111,733 – $133,66426%12.29%38.29%
$133,664 – $155,62526%14.70%40.70%
$155,625 – $173,20529%14.70%43.70%
$173,205 – $181,23233%14.70%47.70%
$181,232 – $246,75233%16.80%49.80%
$246,752 – $252,75233%16.80%49.80%
Over $252,75233%20.50%53.50%

Tax by Income Level

Taxable IncomeBC TaxFederal TaxTotal TaxEffective Rate
$30,000$858$2,813$3,67112.2%
$50,000$2,090$5,813$7,90315.8%
$75,000$4,017$10,281$14,29819.1%
$100,000$6,448$16,181$22,62922.6%
$125,000$9,815$22,681$32,49626.0%
$150,000$13,748$29,181$42,92928.6%
$200,000$21,888$45,681$67,56933.8%
$250,000$31,152$62,181$93,33337.3%
$300,000$42,414$78,681$121,09540.4%

Figures assume only the basic personal amounts (federal $16,129; BC $12,580) are claimed. Additional credits and deductions will reduce tax owing.

BC Tax Credits

Non-refundable credits reduce BC tax at the lowest bracket rate of 5.06%.

Credit2026 Amount
Basic personal amount$12,580
Spouse/partner amountUp to $10,680
Age amount (65+)Up to $5,723
Disability amount$9,428
Caregiver amountUp to $7,638
Medical expenses20% of eligible expenses (over threshold)
Tuition and educationTransferable from student

BC-Specific Credits

CreditDetails
BC Climate Action Tax CreditQuarterly; up to $504/year per adult
BC Seniors’ Home Renovation Tax CreditUp to $1,000 for accessibility renovations
BC Training Tax CreditFor eligible apprentices; up to $2,500
BC Mining Flow-Through Share Tax CreditFor eligible share investments

BC Climate Action Tax Credit

The Climate Action Tax Credit (CATC) is a quarterly, tax-free payment that offsets carbon pricing costs. It is administered by CRA alongside the GST/HST Credit.

Family TypeAnnual MaximumQuarterly Payment
Adult$504$126
Spouse/common-law partner$252$63
Per child under 19$126$32

Income phaseout: The credit begins reducing when family net income exceeds $41,925. It reduces at 2% of income above the threshold.

Example — Family of 4 at Various Incomes

Family IncomeAnnual CATC
Under $41,925$1,008
$50,000$825
$60,000$600
$75,000$263
$80,000+$0

BC vs Other Provinces

At $75,000 Income

ProvinceTotal Taxvs BC
BC$14,298
Ontario$15,143+$845
Alberta$16,505+$2,207
Manitoba$17,700+$3,402

BC is the lowest-tax province at $75,000 income, primarily because the 7.70% second bracket is significantly lower than comparable brackets in other provinces.

At $150,000 Income

ProvinceTotal Taxvs BC
BC$42,929
Alberta$43,273+$344
Saskatchewan$43,100+$171
Ontario$44,224+$1,295
Quebec$53,527+$10,598

At $150,000, BC remains competitive but Alberta and Saskatchewan close the gap due to their lower upper brackets.

At $250,000+ Income

At very high incomes, BC’s 20.5% top provincial rate (triggering at $252,752) produces a 53.50% combined federal-provincial rate — slightly lower than Ontario’s 53.53% but significantly higher than Alberta’s 48%.

BC Tax Planning

RRSP at $100,000 Income

RRSP ContributionTax SavedMarginal Rate
$5,000$1,51031%
$10,000$3,02031%
$18,000$5,43631%

The combined marginal rate for BC taxpayers at $100,000 is approximately 31%, making RRSP contributions very effective for deferring tax to lower-income retirement years.

Dividend vs Interest Income at $100,000

$10,000 Income TypeBC TaxFederal TaxTotal
Interest$645$2,600$3,245
Eligible dividendsNegative (dividend credit)~$1,100~$600
Capital gains (50% inclusion)$322$1,300$1,622

BC’s dividend tax credit makes eligible Canadian dividends extremely efficient at this income level — in many cases, BC taxpayers at $100,000 pay near-zero effective tax on eligible dividends.

Self-Employment in BC

Self-employed BC residents pay the same personal tax rates as employees. Key considerations:

  • CPP contributions at both employee + employer rates (11.9% combined up to the $68,500 earnings ceiling)
  • Home office deduction, vehicle expenses, and business costs reduce net income
  • Incorporation becomes worth considering when consistent net income exceeds $100,000, as BC’s small business corporate rate is 11% (2% provincial + 9% federal)

BC Sales Tax (PST)

BC residents pay GST and PST separately — BC returned to a separate system in 2013 after a referendum rejected the HST.

TaxRate
Federal GST5%
BC PST7%
Combined12%

PST exemptions include children’s clothing, bicycles, books, and prescription drugs. See our BC sales tax guide for a complete breakdown of what is and is not taxable.

Payroll Deductions at $80,000 in BC

DeductionAmount
Federal tax$11,600
BC provincial tax$4,800
CPP contributions$4,066
EI premiums$1,077
Total deductions$21,543
Net pay (annual)$58,457
Monthly net$4,871

Filing BC Income Tax

BC provincial income tax is calculated as part of the federal T1 General return — there is no separate provincial return for individuals.

Key BC forms:

  • BC428 – BC Tax (calculates provincial tax and credits)
  • BC479 – BC Credits (Climate Action Tax Credit and other provincial credits)

The filing deadline is April 30 for most residents, and June 15 for self-employed individuals (though any balance owing is still due April 30). File electronically via NETFILE for the fastest refunds.

For strategies to reduce your taxable income in BC, see our income tax deductions and credits guide.