British Columbia Income Tax Calculator 2026

British Columbia uses seven provincial tax brackets in 2026 — the most of any province. Rates start at 5.06% on the first $46,567, rising through 7.70%, 10.50%, 12.29%, 14.70%, and 16.80%, reaching a top rate of 20.50% on income above $245,530. The BC basic personal amount is $12,221, one of the lower BPAs among Canadian provinces.

BC's top provincial rate of 20.50% is the second highest in Canada after Nova Scotia and Newfoundland. Combined with the 33% federal top rate, BC residents earning above $258,482 face a combined marginal rate of approximately 53.5%. For workers in the $60,000–$120,000 range — a common income band in Metro Vancouver and Victoria — the combined federal and BC provincial marginal rate is typically 40–43%.

BC does not have a separate health premium or surtax like Ontario or PEI. However, its seven-bracket structure ensures that income above $245,530 is taxed at the full 20.50% provincial rate with no additional levies beyond the standard brackets. For investors, BC's dividend tax credit for eligible dividends is approximately 12% of the grossed-up amount, making eligible Canadian dividends relatively tax-efficient in non-registered accounts.