This information is general in nature and should not be relied upon without obtaining specific professional advice.
Please consult with one of our professional staff for advice.
Please consult with one of our professional staff for advice.
| 2015 TABLE OF PERSONAL INCOME TAX RATES | ||||
| Marginal Tax Rates Expressed in Percentages | ||||
| Regular Income | Capital Gains | Regular Dividends | Eligible Dividends | |
| $9,938 - $11,327 | 5.06 | 2.53 | 0.00 | (6.84) |
| $11,328 - $37,869 | 20.06 | 10.03 | 7.61 | (6.84) |
| $37,870 - $44,701 | 22.70 | 11.35 | 10.73 | (3.20) |
| $44,702 - $75,740 | 29.70 | 14.85 | 18.99 | 6.46 |
| $75,741 - $86,958 | 32.50 | 16.25 | 22.29 | 10.32 |
| $86,959 - $89,401 | 34.29 | 17.15 | 24.40 | 12.79 |
| $89,402 - $105,592 | 38.29 | 19.15 | 29.12 | 18.31 |
| $105,593 - $138,586 | 40.70 | 20.35 | 31.97 | 21.64 |
| $138,586 - $151,050 | 43.70 | 21.85 | 35.51 | 25.78 |
| $151,051+ | 45.80 | 22.90 | 37.98 | 28.68 |
- The B.C. personal exemption for 2015 is $9,938
- The federal personal exemption is $11,327
- A taxpayer with no other income may receive dividends up to $22,300 tax-free
- A taxpayer with no other income may receive eligible dividends up to $49,300 tax-free
- Tax rates exclude deductions for CPP and EI
- Tax rates apply to British Columbia residents
- Maximum CPP for employees - $2,479.95($53,500 maximum less $3,500 @ 4.95%)
- Maximum EI for employees - $930.60 ($49,500 maximum insurable @ 1.88%)
- Top personal tax rate is based on a temporary provincial bracket for 2014 and 2015
- The federal personal exemption is $11,327
- A taxpayer with no other income may receive dividends up to $22,300 tax-free
- A taxpayer with no other income may receive eligible dividends up to $49,300 tax-free
- Tax rates exclude deductions for CPP and EI
- Tax rates apply to British Columbia residents
- Maximum CPP for employees - $2,479.95($53,500 maximum less $3,500 @ 4.95%)
- Maximum EI for employees - $930.60 ($49,500 maximum insurable @ 1.88%)
- Top personal tax rate is based on a temporary provincial bracket for 2014 and 2015
| 2015 TABLE OF CORPORATE INCOME TAX RATES | |||||
| Up to $500,000 | Over $500,000 | Investment | Investment After Dividend Refund | Personal Services Business |
|
| Jan. 31/15 | 13.50 | 26.00 | 45.67 | 19.00 | 39.00 |
| Feb. 29/15 | 13.50 | 26.00 | 45.67 | 19.00 | 39.00 |
| Mar. 31/15 | 13.50 | 26.00 | 45.67 | 19.00 | 39.00 |
| Apr. 30/15 | 13.50 | 26.00 | 45.67 | 19.00 | 39.00 |
| May 31/15 | 13.50 | 26.00 | 45.67 | 19.00 | 39.00 |
| June 30/15 | 13.50 | 26.00 | 45.67 | 19.00 | 39.00 |
| July 31/15 | 13.50 | 26.00 | 45.67 | 19.00 | 39.00 |
| Aug 31/15 | 13.50 | 26.00 | 45.67 | 19.00 | 39.00 |
| Sep. 30/15 | 13.50 | 26.00 | 45.67 | 19.00 | 39.00 |
| Oct. 31/15 | 13.50 | 26.00 | 45.67 | 19.00 | 39.00 |
| Nov. 30/15 | 13.50 | 26.00 | 45.67 | 19.00 | 39.00 |
| Dec. 31/15 | 13.50 | 26.00 | 45.67 | 19.00 | 39.00 |