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2 MINFacts · Taxes and benefits · Canada

Taxes and benefits in British Columbia

Rates, deadlines, and the credits and benefits you can claim.

14 facts · British Columbia
FactValueAs ofSource
B.C. provincial income tax brackets and rates, 2026 tax year5.60% to $50,363; 7.70%; 10.50%; 12.29%; 14.70%; 16.80%; 20.50% over $265,5452026-01-01Province of British Columbia, Personal income tax rates
✓ 2026-09-09
B.C. renter's tax credit, maximum400 CAD per year2026-01-01Province of British Columbia, B.C. renter's tax credit
✓ 2026-09-09
B.C. sales tax credit, maximum75 for you, plus 75 for a spouse or partner2026-09-07Province of British Columbia, Sales tax credit
✓ 2026-09-09
B.C. tax reduction credit, maximum for 2026690, up from 5752026-01-01Province of British Columbia, B.C. basic personal income tax credits
✓ 2026-09-09
Extra B.C. family benefit for low-income single parentsUp to $500 a year per family2026-07-01Province of British Columbia, B.C. family benefit
✓ 2026-09-09
How the B.C. family benefit shrinks as income risesCut by 4% of income over $30,176, up to $96,5622026-07-01Province of British Columbia, B.C. family benefit
✓ 2026-09-09
Income limits for the B.C. renter's tax credit, 2026 tax yearFull below $66,189; nothing above $86,1892026-01-01Province of British Columbia, B.C. renter's tax credit
✓ 2026-09-09
Income under which you get the full B.C. family benefit, July 2026 to June 20272025 family net income under $30,1762026-07-01Province of British Columbia, B.C. family benefit
✓ 2026-09-09
Income where the B.C. sales tax credit starts shrinking2% of net income over $15,000 single, $18,000 with a partner2026-09-07Province of British Columbia, Sales tax credit
✓ 2026-09-09
Income where the B.C. tax reduction credit starts shrinking, 2026Net income over $25,570; reduced by 3.56%2026-01-01Province of British Columbia, B.C. basic personal income tax credits
✓ 2026-09-09
The B.C. climate action tax credit has endedCancelled; last payment April 20252025-04-01Province of British Columbia, Climate action tax credit
✓ 2026-09-09
The renter's credit does not depend on how much rent you paidAmount is set by your income, not your rent2026-01-01Province of British Columbia, B.C. renter's tax credit
✓ 2026-09-09
B.C. no longer charges MSP health premiumsEliminated January 1, 20202020-01-01Province of British Columbia, MSP Premium Elimination Jan. 1, 2020
✓ 2026-09-09
B.C.'s consumer carbon tax is goneRate set to $0 on April 1, 20252025-04-01Province of British Columbia, Carbon tax elimination
✓ 2026-09-09

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iamonmybreak publishes general information for working people. It is not legal, tax, or financial advice, and it is not a substitute for advice about your own situation. Rules differ by province and country and change over time; the date at the top of this piece is when we last checked. For your specific case, especially anything involving money you are owed, contact a free community legal clinic or your provincial or state labour standards office.

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