AmicablySignal
No. 2026-04-16-bc-budget-measures-implementation-act

British Columbia raises its lowest income tax rate to 5.6%

Official date
Effective
Jurisdiction
British Columbia
Kind
Budget, royal assent
Publisher
Legislative Assembly of British Columbia

The Budget Measures Implementation Act, 2026 (S.B.C. 2026, c. 5) raises the lowest provincial income tax rate from 5.06% to 5.6% and sets the BC tax reduction credit amount at $690. Both changes apply from January 1, 2026.

Official copy Legislative Assembly of British Columbiahttps://lims.leg.bc.ca/pdms/ldp/43rd2nd/3rd_read/gov02-3.htm

References

StatuteS.B.C. 2026, c. 5
BillBill 2