Tax & Incentives

Tax & Incentives

Residents and businesses enjoy a financial advantage with the Central Okanagan's competitive tax climate. BC has the lowest provincial income taxes for individuals earning up to $125,000. Canadian federal government corporate taxes are some of the lowest among the G7 countries.

Local, provincial and federal governments provide a suite of tax credits and exemptions to encourage business investment and innovation.

Low Taxes

Learn more about British Columbia's low corporate and personal taxes

BC Tax Incentives

Tax credits, exemptions, and deductions reduce the amount of tax your business pays.

Learn more about British Columbia's tax incentives.

Federal Tax Incentives

Potential tax benefits that could help to reduce your business costs.

Learn more about Canada's tax incentives.

Central Okanagan Tax Exemptions

COVID - 19

For more information on the available tax support during the COVID-19 recovery please see the COVID-19 page