2016 & 2017 BC Personal Income Tax Rates

Federal Personal Income Tax Brackets and Tax Rates

2017 Taxable Income 2017 Marginal Tax Rates 2016 Taxable Income 2016 Marginal Tax Rates
Other Income Capital Gains Canadian Dividends Other Income Capital Gains Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $45,916 15.0% 7.50% -0.03% 5.24% first $45,282 15.0% 7.50% -0.03% 5.24%
over $45,916 up to $91,831 20.5% 10.25% 7.56% 11.67% over $45,282 up to $90,563 20.5% 10.25% 7.56% 11.67%
over $91,831 up to $142,353 26.0% 13.00% 15.15% 18.11% over $90,563 up to $140,388 26.0% 13.00% 15.15% 18.11%
over $142,353 up to $202,800 29.00% 14.50% 19.29% 21.62% over $140,388 up to $200,000 29.00% 14.50% 19.29% 21.62%
over $202,800 33.0% 16.50% 24.81% 26.30% over 200,000 33.0% 16.50% 24.81% 26.30%
2017 Taxable Income 2017 Tax Rates 2016 Taxable Income 2016 Tax Rates
first $38,898 5.06% first $38,210 5.06%
over $38,898 up to $77,797 7.70% over $38,210 up to $76,421 7.70%
over $77,797 up to $89,320 10.50% over $76,421 up to $87,741 10.50%
over $89,320 up to $108,460 12.29% over $87,741 up to $106,543 12.29%
over $108,460 14.70% over $106,543 14.70%

Combined Federal & British Columbia Tax Brackets and Tax Rates

2017 Taxable Income 2017 Marginal Tax Rates 2016 Taxable Income 2016 Marginal Tax Rates
Other Income Capital Gains Canadian Dividends Other Income Capital Gains Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $38,898 20.06% 10.03% -6.84% 8.27% first $38,210 20.06% 10.03% -6.84% 8.27%
over $38,898 up to $45,916 22.70% 11.35% -3.20% 11.36% over $38,210 up to $45,282 22.70% 11.35% -3.20% 11.36%
over $45,916 up to $77,797 28.20% 14.10% 4.39% 17.79% over $45,282 up to $76,421 28.20% 14.10% 4.39% 17.79%
over $77,797 up to $89,320 31.00% 15.50% 8.25% 21.07% over $76,421 up to $87,741 31.00% 15.50% 8.25% 21.07%
over $89,320 up to $91,831 32.79% 16.40% 10.72% 23.16% over $87,741 up to $90,563 32.79% 17.15% 12.79% 24.40%
over $91,831 up to $108,460 38.29% 19.15% 18.31% 29.60% over $90,563 up to $106,543 38.29% 19.15% 18.31% 29.60%
over $108,460 up to $142,353 40.70% 20.35% 21.64% 32.42% over $106,543 up to $140,388 40.70% 20.35% 21.64% 32.42%
over $142,353 up to $202,800 43.70% 21.85% 25.78% 35.93% over $140,388 up to $200,000 43.70% 21.85% 25.78% 35.93%
over $202,800 47.70% 23.85% 31.30% 40.61% over $200,000 47.70% 23.85% 31.30% 40.61%

Marginal tax rate for dividends is a % of actual dividends received (not grossed-up 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 18%. For more information see BC dividend tax credits.

British Columbia Basic Personal Amount

2017 Personal Amount 2017 Tax Rate 2016 Personal Amount 2016 Tax Rate
$10,208 5.06% $10,027 5.06%

Federal Basic Personal Amount

2017 Personal Amount 2017 Tax Rate 2016 Personal Amount 2016 Tax Rate
$11,635 15% $11,474 15%
 


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