British Columbia Taxes
B.C. tax brackets and combined rates for 2026, the tax reduction and renter's credit, PST and property transfer tax exemptions.
Want this number lower?
The Lower My Tax report takes these numbers, tests every legal way to cut the bill, and shows the saving of each in dollars, with what to do and by when.
The short version
- B.C. income tax for 2026 runs from 5.60% to 20.5% over $265,545, on top of federal tax. The combined top rate is 53.5%. B.C. raised its lowest rate from 5.06% for 2026.
- Example, salary only: $50,000 pays about $5,840 in total income tax, $100,000 about $18,860, and $200,000 about $57,960.
- Low-income help: the B.C. tax reduction (up to $690), the refundable renter's tax credit (up to $400) and the B.C. family benefit paid with the Canada child benefit.
- The B.C. climate action tax credit ended with the consumer carbon tax in 2025.
- Sales tax is 5% GST plus 7% PST. Property transfer tax is 1% to 3% (more over $3 million), with exemptions for first-time buyers and new homes.
British Columbia Taxes
B.C. has the country's most finely sliced income tax, with seven brackets, and some of its most specific property taxes, from the speculation and vacancy tax to the property transfer tax at closing. For most working people the income tax is moderate; for high earners and property buyers it isn't. The calculator above runs your income; the rest of the page explains what B.C. adds.
B.C. Tax Brackets 2026
| Taxable income | B.C. rate | Combined with federal |
|---|---|---|
| Up to $50,363 | 5.60% | about 19.6% |
| $50,363 to $100,728 | 7.70% | about 21.7% to 28.2% |
| $100,728 to $115,648 | 10.50% | about 31% |
| $115,648 to $140,430 | 12.29% | about 32.8% to 38.3% |
| $140,430 to $190,405 | 14.70% | about 40.7% to 44% |
| $190,405 to $265,545 | 16.80% | about 46.1% to 49.8% |
| Over $265,545 | 20.50% | 53.5% |
Basic personal amount: $13,216. The combined rate steps up inside some B.C. brackets where federal brackets change; CPP and EI on wages are extra. Compare provinces on provincial taxes or with the province comparison calculator, and see the neighbours in Alberta; how brackets work on tax brackets and marginal tax rate.
What does B.C. tax mean for you?
Tell the assistant your income, family and whether you rent or own. It explains your B.C. tax, the credits you should be claiming, and the property taxes that apply to you.
B.C. Credits and Benefits
| Program | Amount | How |
|---|---|---|
| B.C. tax reduction | Up to $690 for 2026, reduced above $25,570 of net income | Automatic on your return |
| Renter's tax credit (refundable) | Up to $400; full under $66,189 of adjusted income for 2026, gone at $86,189 | On your return, if you rented at least 6 months |
| B.C. family benefit | For July 2026 to June 2027, up to $1,750 a year for the first child, $1,100 for the second and $900 for each one after, plus $500 for a single parent; reduced above $30,176 of family income | Paid with the Canada child benefit |
| Sales tax credit (refundable) | Up to $75 for you and $75 for your spouse; only at low incomes | On form BC479 with your return |
| Home renovation credit for seniors and persons with disabilities | 10% of up to $10,000 of eligible renovations, so up to $1,000 | On form BC479, refundable |
| Home owner grant | Reduces property tax for owner-occupied homes | Applied through the province, not the tax return |
Federal benefits come too: the Groceries and Essentials Benefit and the Canada workers benefit. Payment dates: benefit payment dates.
See which B.C. credits you could get
Pick British Columbia in the free problem solver, answer a few questions about your income, family and home, and it estimates your B.C. family benefit, renter's credit, tax reduction and the rest alongside the federal credits. Nothing you enter leaves your browser.
Property Transfer Tax
| Part of the price | Rate |
|---|---|
| First $200,000 | 1% |
| $200,000 to $2,000,000 | 2% |
| Over $2,000,000 | 3% |
| Residential value over $3,000,000 | additional 2% |
First-time buyers pay no tax on the first $500,000 when the home is worth up to $835,000, with a partial exemption up to $860,000. Newly built homes are fully exempt up to $1,100,000, partly up to $1,150,000. A foreign buyer tax applies in some regions. First-home tax help: FHSA and home buyers' amount.
Other B.C. Taxes
- PST: 7% on most goods and some services, alongside 5% GST; see sales tax by province.
- Probate fees: about 1.4% on estates over $50,000; see probate vs income tax.
- Speculation and vacancy tax on some homes left empty in designated areas.
- Small business corporate rate: 2%; see corporate tax rates.
B.C. Tax Questions
What are the B.C. tax brackets for 2026?
5.60% up to $50,363, 7.70% to $100,728, 10.50% to $115,648, 12.29% to $140,430, 14.70% to $190,405, 16.80% to $265,545, and 20.50% above, on top of federal tax.
What is the top marginal tax rate in B.C.?
53.5% combined federal and B.C. on income over $265,545.
How much is the B.C. renter’s tax credit?
Up to $400 a year, refundable. For 2026, the full credit applies under $66,189 of adjusted income and phases out by $86,189. You must have rented an eligible unit for at least 6 months of the year.
Does B.C. still pay the climate action tax credit?
No. It ended when B.C. eliminated its consumer carbon tax in 2025.
How much is property transfer tax in B.C.?
1% on the first $200,000, 2% up to $2 million, 3% above $2 million, and an extra 2% on residential value over $3 million, with exemptions for first-time buyers and newly built homes.
Sources: CRA, Tax rates and brackets; Province of B.C., Renter's tax credit. Checked October 2026. B.C.'s 2026 lowest rate of 5.60% and $690 tax reduction come from B.C.'s February 2026 budget and CRA's July 2026 payroll formulas. Property transfer tax thresholds are from secondary sources reviewed in October 2026; confirm with the province before closing. Examples use our 2026 rules engine with basic credits only.
Last reviewed October 11, 2026 against CRA and Government of Canada sources. How we check our facts.