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Combined Canadian Personal Tax Rates 2019

February 26, 2019

Tax Question:

What are the combined personal tax rates for 2019 Federal and British Columbia?

Facts:

Tax rates change every year and there are several types of income that are taxed differently. See below for updated tax rate charts (with estimates) for 2019.

Discussion:

Taxable Income ZoneBasic TaxBasic Rate in ZoneOther Dividends (estimated %)Eligible Dividends (estimated %)Capital Gains
$0 to $18,715$-0.00%0.00%0.00%0.00%
$18,716 to $40,707$-20.06%10.43%0.00%10.03%
$40,708 to $47,630$5,11922.70%13.47%0.00%11.35%
$47,631 to $81,416$6,59528.20%19.80%1.63%14.10%
$81,417 to $93,476$16,00131.00%23.02%5.49%15.50%
$93,477 to $95,259$19,73732.79%25.07%7.96%16.40%
$95,260 to $113,506$20,32138.29%31.40%15.55%19.15%
$113,507 to $147,667$27,30240.70%34.17%18.88%20.35%
$147,668 to $153,900$41,20343.70%37.62%23.02%21.85%
$153,901 to $210,371$43,92545.80%40.04%25.92%22.90%
$210,372 and up$69,78849.80%44.64%31.44%24.90%

If you would like more information on this topic, please contact a member of the Empire CPA team by filling out the contact form below.

Canadian and foreign tax laws are complex and have a tendency to change on a frequent basis. As such, the content published above is believed to be accurate as of the date of this post. Before implementing any tax planning, please seek professional advice from a qualified tax professional. Empire, Chartered Professional Accountants will not accept any liability for any tax ramifications that may result from acting based on the information contained above.

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