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BC 2015 and 2014 Personal Tax Rates

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British Columbia 
Tax Rates -> 2014 and 2015 Marginal Tax Rates -> BC Personal Income Tax Rates

BC 2014 and 2015 Personal Marginal Income Tax Rates

The BC tax brackets and personal amount were increased for 2015 by an indexation factor of 1.007.  The Federal tax brackets and personal amount were increased for 2015 by an indexation factor of 1.017.  The indexation factors, bracket thresholds and personal amounts for 2015 have been confirmed to Canada Revenue Agency amounts.

Please read the article Understanding the Tables of Personal Income Tax Rates.

British Columbia Personal Income Tax Brackets and Tax Rates

2015 Taxable Income 2015 Tax Rates 2014 Taxable Income 2014 Tax Rates
first $37,869 5.06% first $37,606 5.06%
over $37,869 up to $75,740 7.70% over $37,606 up to $75,213 7.70%
over $75,740 up to $86,958 10.50% over $75,213 up to $86,354 10.50%
over $86,958 up to $105,592 12.29% over $86,354 up to $104,858 12.29%
over $105,592 up to $151,050 14.70% over $104,858 up to $150,000 14.70%
over $151,050 16.80% over $150,000 16.80%

The BC $150,000 tax bracket is temporary for 2014 and 2015, according to the BC 2013 Budget.

Combined Federal & British Columbia Tax Brackets and Tax Rates

2015 Taxable Income 2015 Marginal Tax Rates 2014 Taxable Income 2014 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $37,869 20.06% 10.03% -6.84% 7.61% first $37,606 20.06% 10.03% -6.84% 7.61%
over $37,869 up to $44,701 22.70% 11.35% -3.20% 10.73% over $37,606 up to $43,953 22.70% 11.35% -3.20% 10.73%
over $44,701 up to $75,740 29.70% 14.85% 6.46% 18.99% over $43,953 up to $75,213 29.70% 14.85% 6.46% 18.99%
over $75,740 up to $86,958 32.50% 16.25% 10.32% 22.29% over $75,213 up to $86,354 32.50% 16.25% 10.32% 22.29%
over $86,958 up to $89,401 34.29% 17.15% 12.79% 24.40% over $86,354 up to $87,907 34.29% 17.15% 12.79% 24.40%
over $89,401 up to $105,592 38.29% 19.15% 18.31% 29.12% over $87,907 up to $104,858 38.29% 19.15% 18.31% 29.12%
over $105,592 up to $138,586 40.70% 20.35% 21.64% 31.97% over $104,858 up to $136,270 40.70% 20.35% 21.64% 31.97%
over $138,586 up to $151,050 43.70% 21.85% 25.78% 35.51% over $136,270 up to $150,000 43.70% 21.85% 25.78% 35.51%
over $151,050 45.80% 22.90% 28.68% 37.98% over $150,000 45.80% 22.90% 28.68% 37.98%

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

2015 Tax Rate 2014 Tax Rate
$9,938 5.06% $9,869 5.06%

Federal Basic Personal Amount

2015 Tax Rate 2014 Tax Rate
$11,327 15% $11,138 15%

BC tax rates can also be seen on the BC Ministry of Finance website.

Revised: September 20, 2017

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