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Income Taxes
This section will provide you information about the various programs run by the Income Taxation Branch of the Ministry of Small Business and Revenue:
Check out our What's New section for an index of recent updates on Income Taxes section (opens in new window).
1. Personal Income Tax |
If you were a resident of British Columbia on the last day of the tax year, or you earned income in B.C. during the year, you may be subject to B.C. provincial income tax.
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3. Family Bonus Program |
The B.C. Family Bonus program includes the Basic Family Bonus and the B.C. Earned Income Benefit.
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4. Logging Tax |
The Logging Tax Act imposes tax on individuals and corporations with net income from logging operations within the province. Logging tax is usually fully deductible as a credit from income taxes.
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5. International Financial Activity |
The International Financial Activity (IFA) program is available to eligible corporations and their specialist employees participating in international financial activities in British Columbia.
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6. Insurance Premium Tax |
Insurance Premium Tax applies to all insurance premiums under contracts that insure residents of British Columbia or property located in the province.
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