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 |
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| 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% | ||||||
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The BC $150,000 tax bracket is temporary for 2014 and 2015, according to the BC 2013 Budget. |
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Combined Federal & British Columbia Tax Brackets and Tax Rates |
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| 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% |
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Marginal tax rate for dividends is a % of actual
dividends received (not grossed-up amount). |
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British Columbia Basic Personal Amount |
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| 2015 | Tax Rate | 2014 | Tax Rate | ||||||
| $9,938 | 5.06% | $9,869 | 5.06% | ||||||
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Federal Basic Personal Amount |
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| 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: October 26, 2023