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.
| 2021 COMBINED TABLE OF PERSONAL INCOME TAX RATES | |||||
| Marginal Tax Rates Expressed in Percentages | |||||
| Other Income | Capital Gains | Eligible Dividends | Non-Eligible Dividends | ||
| first $42,184 | 20.06 | 10.03 | (9.60) | 10.43 | |
| over $42,184 - $49,020 | 22.70 | 11.35 | (5.96) | 13.47 | |
| over $49,020 - $84,369 | 28.20 | 14.10 | 1.63 | 19.80 | |
| over $84,369 - $96,866 | 31.00 | 15.50 | 5.49 | 23.02 | |
| over $96,866 - $98,040 | 32.79 | 16.40 | 7.96 | 25.07 | |
| over $98,040 - $117,623 | 38.29 | 19.15 | 15.55 | 31.40 | |
| over $117,623 - $151,978 | 40.70 | 20.35 | 18.88 | 34.17 | |
| over $151,978 - $159,483 | 44.02 | 22.01 | 23.46 | 37.99 | |
| over $159,483 - $216,511 | 46.12 | 23.06 | 26.36 | 40.41 | |
| over $216,511 - $222,420 | 49.80 | 24.90 | 31.44 | 44.64 | |
| over $222,420 | 53.50 | 26.75 | 36.54 | 48.89 | |
- The federal personal exemption is $13,808
- Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount)
- Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains)
- Tax rates exclude deductions for CPP and EI
- Tax rates apply to British Columbia residents
- Maximum CPP for employees - $3,166.45
- Maximum EI for employees - $889.54
- Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount)
- Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains)
- Tax rates exclude deductions for CPP and EI
- Tax rates apply to British Columbia residents
- Maximum CPP for employees - $3,166.45
- Maximum EI for employees - $889.54