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Yukon 2024 and 2023 Tax Rates & Tax Brackets

Yukon Tax Rates
2024 Taxable Income 2023 Tax Rates 2023 Taxable Income 2023 Tax Rates
first $55,867 6.40% first $53,359 6.40%
over $55,867 up to $111,733 9.00% over $53,359 up to $106,717 9.00%
over $111,733 up to $173,205 10.90% over $106,717 up to $165,430 10.90%
over $173,205 up to $246,752 12.93% over $165,430 up to $235,675 12.93%
over $246,752 up to $500,000 12.80% over $235,675 up to $500,000 12.80%
over $500,000 15.00% over $500,000 15.00%
Combined Federal & Yukon Tax Brackets and Tax Rates
2024 Taxable Income YT 2024 Marginal Tax Rates 2023 Taxable Income YT 2023 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $55,867 21.40% 10.70% -7.78% 13.45% first $53,359 21.40% 10.70% -7.78% 13.45%
over $55,867 up to $111,733 29.50% 14.75% 3.40% 22.77% over $53,359 up to $106,717 29.50% 14.75% 3.40% 22.77%
over $111,733 up to $173,205 36.90% 18.45% 13.61% 31.28% over $106,717 up to $165,430 36.90% 18.45% 13.61% 31.28%
over $173,205 up to $246,752 42.25% 21.13% 20.99% 37.43% over $165,430 up to $235,675 42.25% 21.13% 20.99% 37.43%
over $246,752 up to $500,000 45.80% 22.90% 25.89% 41.51% over $235,675 up to $500,000 45.80% 22.90% 25.89% 41.51%
over $500,000 48.00% 24.00% 28.93% 44.04% over $500,000 48.00% 24.00% 28.93% 44.04%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up taxable amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 15%.
Yukon Basic Personal Amount
2024 Personal Amount Minimum / Maximum 2024 Tax Rate 2023 Personal Amount Minimum / Maximum 2023 Tax Rate
$14,156 $15,705 6.4% $13,521 $15,000 6.4%
Federal Basic Personal Amount
2024 Personal Amount Minimum / Maximum 2024 Tax Rate 2023 Personal Amount Minimum / Maximum 2023 Tax Rate
$14,156 $15,705 15% $13,520 $15,000 15%

Nunavut 2024 and 2023 Tax Rates & Tax Brackets

Nunavut Tax Rates
2024 Taxable Income 2024 Tax Rates 2023 Taxable Income 2023 Tax Rates
first $53,268 4.0% first $50,877 4.0%
over $53,268 up to $106,537 7.0% over $50,877 up to $101,754 7.0%
over $106,537 up to $173,205 9.0% over $101,754 up to $165,429 9.0%
over $173,205 11.5% over $165,429 11.5%
Combined Federal & Nunavut Tax Brackets and Tax Rates
2024 Taxable Income NU 2024 Marginal Tax Rates 2023 Taxable Income NU 2023 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $53,268 19.00% 9.50% -2.11% 8.46% first $50,877 19.00% 9.50% -2.11% 8.46%
over $53,268 up to $55,867 22.00% 11.00% 2.03% 11.91% over $50,877 up to $53,359 22.00% 11.00% 2.03% 11.91%
over $55,867 up to $106,537 27.50% 13.75% 9.62% 18.24% over $53,359 up to $101,754 27.50% 13.75% 9.62% 18.24%
over $106,537 up to $111,733 29.50% 14.75% 12.38% 20.54% over $101,754 up to $106,717 29.50% 14.75% 12.38% 20.54%
over $111,733 up to $173,205 35.00% 17.50% 19.97% 26.86% over $106,717 up to $165,429 35.00% 17.50% 19.97% 26.86%
over $173,205 up to $246,752 40.82% 20.41% 28.00% 33.56% over $165,429 up to $235,675 40.82% 20.41% 28.00% 33.56%
over $246,752 44.50% 22.25% 33.08% 37.79% over $235,675 44.50% 22.25% 33.08% 37.79%
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).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 15%.
Nunavut Basic Personal Amount
2024 Personal Amount 2024 Tax Rate 2023 Personal Amount 2023 Tax Rate
$18,767 4% $17,925 4%
Federal Basic Personal Amount
2024 Personal Amount Minimum / Maximum 2024 Tax Rate 2023 Personal Amount Minimum / Maximum 2023 Tax Rate
$14,156 $15,705 15% $13,520 $15,000 15%

Northwest Territories 2024 & 2023 Tax Rates & Tax Brackets

Northwest Territories Tax Rates
 2024 Taxable Income  2024 Tax Rates  2023 Taxable Income  2023 Tax Rates
first $50,597 5.90% first $48,326 5.90%
over $50,597 up to $101,198 8.60% over $48,326 up to $96,655 8.60%
over $101,198 up to $164,525 12.20% over $96,655 up to $157,139 12.20%
over $164,525 14.05% over $157,139 14.05%
Combined Federal & Northwest Territories Tax Brackets and Tax Rates
 2024 Taxable Income NT 2024 Marginal Tax Rates  2023 Taxable Income NT 2023 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $50,597 20.90% 10.45% -7.76% 6.75% first $48,326 20.90% 10.45% -7.76% 6.75%
over $50,597 up to $55,867 23.60% 11.80% -4.03% 9.86% over $48,326 up to $53,359 23.60% 11.80% -4.03% 9.86%
over $55,867 up to $101,198 29.10% 14.55% 3.56% 16.18% over $53,359 up to $96,655 29.10% 14.55% 3.56% 16.18%
over $101,198 up to $111,733 32.70% 16.35% 8.53% 20.32% over $96,655 up to $106,717 32.70% 16.35% 8.53% 20.32%
over $111,733 up to $164,525 38.20% 19.10% 16.12% 26.65% over $106,717 up to $157,139 38.20% 19.10% 16.12% 26.65%
over $164,525 up to $173,205 40.05% 20.03% 18.67% 28.77% over $157,139 up to $165,430 40.05% 20.03% 18.67% 28.77%
over $173,205 up to $246,752 43.37% 21.69% 23.25% 32.59% over $165,430 up to $235,675 43.37% 21.69% 23.25% 32.59%
over $246,752 47.05% 23.53% 28.33% 36.82% over $235,675 47.05% 23.53% 28.33% 36.82%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up taxable amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 15%.
Northwest Territories Basic Personal Amount
2024 Personal Amount 2024 Tax Rate 2023 Personal Amount 2023 Tax Rate
$17,373 5.90% $16,593 5.90%
Federal Basic Personal Amount
2024 Personal Amount Minimum / Maximum 2024 Tax Rate 2023 Personal Amount Minimum / Maximum 2023 Tax Rate
$14,156 $15,705 15% $13,520 $15,000 15%

Saskatchewan 2024 and 2023 Tax Rates & Tax Brackets

Saskatchewan Tax Rates
2024 Taxable Income 2024 Tax Rates 2023 Taxable Income 2023 Tax Rates
first $52,057 10.50% first $49,720 10.50%
over $52,057 up to $148,734 12.50% over $49,720 up to $142,058 12.50%
over $148,734 14.50% over $142,058 14.50%
Combined Federal & Saskatchewan Tax Brackets and Tax Rates
2024 Taxable Income SK 2024 Marginal Tax Rates 2023 Taxable Income SK 2023 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $52,057 25.50% 12.75% -0.72% 16.04% first $49,720 25.50% 12.75% -0.72% 16.52%
over $52,057 up to $55,867 27.50% 13.75% 2.04% 18.34% over $49,720 up to $53,359 27.50% 13.75% 2.04% 18.82%
over $55,867 up to $111,733 33.00% 16.50% 9.63% 24.67% over $53,359 up to $106,717 33.00% 16.50% 9.63% 25.14%
over $111,733 up to $148,734 38.50% 19.25% 17.22% 30.99% over $106,717 up to $142,058 38.50% 19.25% 17.22% 31.47%
over $148,734 up to $173,205 40.50% 20.25% 19.98% 33.29% over $142,058 up to $165,430 40.50% 20.25% 19.98% 33.77%
over $173,205 up to $246,752 43.82% 21.91% 24.56% 37.11% over $165,430 up to $235,675 43.82% 21.91% 24.56% 37.59%
over $246,752 47.50% 23.75% 29.64% 41.34% over $235,675 47.50% 23.75% 29.64% 41.82%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up taxable amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 15%.
Saskatchewan Basic Personal Amount
2024 Personal Amount 2024 Tax Rate 2023 Personal Amount 2023 Tax Rate
$18,491 10.5% $17,661 10.5%
Federal Basic Personal Amount
2024 Personal Amount Minimum / Maximum 2024 Tax Rate 2023 Personal Amount Minimum / Maximum 2023 Tax Rate
$14,156 $15,705 15% $13,520 $15,000 15%

Quebec 2024 and 2023 Tax Rates & Tax Brackets

Quebec Tax Rates
2024 Taxable Income 2024 Tax Rates 2023 Taxable Income 2023 Tax Rates
first $51,780 14.00% first $49,275 14.00%
over $51,780 up to $103,545 19.00% over $49,275 up to $98,540 19.00%
over $103,545 up to $126,000 24.00% over $98,540 up to $119,910 24.00%
over $126,000 25.75% over $119,910 25.75%
Combined Federal & Quebec Tax Brackets and Tax Rates
2024 Taxable Income QC 2024 Marginal Tax Rates 2023 Taxable Income QC 2023 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $51,780 26.53% 13.26% 3.15% 17.90% first $49,275 26.53% 13.26% 3.15% 17.90%
over $51,780 up to $55,867 31.53% 15.76% 10.05% 23.65% over $49,275 up to $53,359 31.53% 15.76% 10.05% 23.65%
over $55,867 up to $103,545 36.12% 18.06% 16.39% 28.93% over $53,359 up to $98,540 36.12% 18.06% 16.39% 28.93%
over $103,545 up to $111,733 41.12% 20.56% 23.29% 34.68% over $98,540 up to $106,717 41.12% 20.56% 23.29% 34.68%
over $111,733 up to $126,000 45.71% 22.86% 29.63% 39.96% over $106,717 up to $119,910 45.71% 22.86% 29.63% 39.96%
over $126,000 up to $173,205 47.46% 23.73% 32.04% 41.97% over $119,910 up to $165,430 47.46% 23.73% 32.04% 41.97%
over $173,205 up to $246,752 50.23% 25.12% 35.87% 45.16% over $165,430 up to $235,675 50.23% 25.12% 35.87% 45.16%
over $246,752 53.31% 26.65% 40.11% 48.70% over $235,675 53.31% 26.65% 40.11% 48.70%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up taxable amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 15%.
Quebec Basic Personal Amount
2024 Personal Amount 2024 Tax Rate 2023 Personal Amount 2023 Tax Rate
$18,056 14% $17,183 14%
Federal Basic Personal Amount
2024 Personal Amount Minimum / Maximum 2024 Tax Rate 2023 Personal Amount Minimum / Maximum 2023 Tax Rate
$14,156 $15,705 15% $13,520 $15,000 15%

Prince Edward Island 2024 and 2023 Tax Rates & Tax Brackets

Prince Edward Island Tax Rates Before Surtax
Surtax Eliminated for 2024 and Later Years
2024 Taxable Income 2024 Tax Rates 2023 Taxable Income 2023 Tax Rates
first $32,656 9.65% first $31,984 9.8%
over $32,656 up to $64,313 13.63% over $31,984 up to $63,969 13.8%
over $64,313 up to $105,000 16.65% over $63,969 16.7%
over $105,000 up to $140,000 18.00%  
over $140,000 18.75%
Combined Federal & Prince Edward Island Tax Brackets and Tax Rates Including Surtax in 2023 Only
2024 Taxable Income PE 2024 Marginal Tax Rates 2023 Taxable Income PE 2023 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $32,656 24.65% 12.33% -1.20% 16.47% first $31,984 24.80% 12.40% -0.99% 16.64%
over $32,656 up to $55,867 28.63% 14.32% 4.29% 21.04% over $31,984 up to $53,359 28.80% 14.40% 4.53% 21.24%
over $55,867 up to $64,313 34.13% 17.07% 11.88% 27.37% over $53,359 up to $63,969 34.30% 17.15% 12.12% 27.57%
over $64,313 up to $105,000 37.15% 18.58% 16.05% 30.84% over $63,969 up to $101,104 37.20% 18.60% 16.12% 30.90%
over $105,000 up to $111,733 38.50% 19.25% 17.91% 32.40% over $101,104 up to $106,717 38.87% 19.44% 16.97% 32.67%
over $111,733 up to $140,000 44.00% 22.00% 25.50% 38.72% over $106,717 up to $165,430 44.37% 22.19% 24.56% 39.00%
over $140,000 up to $173,205 44.75% 22.38% 26.54% 39.58% over $165,430 up to $235,675 47.69% 23.85% 29.15% 42.82%
over $173,205 up to $246,752 48.07% 24.04% 31.12% 43.40% over $235,675 51.37% 25.69% 34.22% 47.05%
over $246,752 51.75% 25.88% 36.20% 47.63%  
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up taxable amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 15%.
Prince Edward Island Surtaxes
2024 2023
Surtax rate (included in above rates) 0% Surtax rate (included in above rates) 10%
Surtax is on PE tax greater than n/a Surtax is on PE tax greater than $12,500
Person with only basic personal amount – surtax starts at taxable income of n/a Person with only basic personal amount – surtax starts at taxable income of $101,104
The surtax is calculated based on the net tax payable after deducting personal tax credits.
Prince Edward Island Basic Personal Amount
2024 Personal Amount 2024 Tax Rate 2023 Personal Amount 2023 Tax Rate
$13,500 9.65% $12,750 9.8%
Federal Basic Personal Amount
2024 Personal Amount Minimum / Maximum 2024 Tax Rate 2023 Personal Amount Minimum / Maximum 2023 Tax Rate
$14,156 $15,705 15% $13,520 $15,000 15%

Ontario 2024 and 2023 Tax Rates & Tax Brackets

Ontario Tax Rates
2024 Taxable Income 2024 Tax Rates 2023 Taxable Income 2023 Tax Rates
first $51,446 5.05% first $49,231 5.05%
over $51,446 up to $102,894 9.15% over $49,231 up to $98,463 9.15%
over $102,894 up to $150,000 11.16% over $98,463 up to $150,000 11.16%
over $150,000 up to $220,000 12.16% over $150,000 up to $220,000 12.16%
over $220,000 13.16% over $220,000 13.16%
Combined Federal & Ontario Tax Brackets and Tax Rates Including Surtaxes
2024 Taxable Income ON 2024 Marginal Tax Rates 2023 Taxable Income ON 2023 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $51,446 20.05% 10.03% -6.86% 9.24% first $49,231 20.05% 10.03% -6.86% 9.24%
over $51,446 up to $55,867 24.15% 12.08% -1.20% 13.95% over $49,231 up to $53,359 24.15% 12.08% -1.20% 13.95%
over $55,867 up to $90,599 29.65% 14.83% 6.39% 20.28% over $53,359 up to $86,698 29.65% 14.83% 6.39% 20.28%
over $90,599 up to $102,894 31.48% 15.74% 8.92% 22.38% over $86,698 up to $98,463 31.48% 15.74% 8.92% 22.38%
over $102,894 up to $106,732 33.89% 16.95% 12.24% 25.16% over $98,463 up to $102,135 33.89% 16.95% 12.24% 25.16%
over $106,732 up to $111,733 37.91% 18.95% 17.79% 29.78% over $102,135 up to $106,717 37.91% 18.95% 17.79% 29.78%
over $111,733 up to $150,000 43.41% 21.70% 25.38% 36.10% over $106,717 up to $150,000 43.41% 21.70% 25.38% 36.10%
over $150,000 up to $173,205 44.97% 22.48% 27.53% 37.90% over $150,000 up to $165,430 44.97% 22.48% 27.53% 37.90%
over $173,205 up to $220,000 48.29% 24.14% 32.11% 41.72% over $165,430 up to $220,000 48.29% 24.14% 32.11% 41.72%
over $220,000 up to $246,752 49.85% 24.92% 34.26% 43.51% over $220,000 up to $235,675 49.85% 24.92% 34.26% 43.51%
over $246,752 53.53% 26.76% 39.34% 47.74% over $235,675 53.53% 26.76% 39.34% 47.74%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up taxable amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 15%.
The surtax is calculated before deducting dividend tax credits.
Ontario Surtaxes
2024 2023
Surtax rate (included in above rates) 20% 36% Surtax rate (included in above rates) 20% 36%
Surtax is on ON tax greater than $5,554 $7,108 Surtax is on ON tax greater than $5,315 $6,802
Person with only basic personal amount – surtax starts at taxable income of $90,599 $106,732 Person with only basic personal amount – surtax starts at taxable income of $86,698 $102,135
The 36% surtax is in addition to the 20% surtax, for a total surtax of 56%.
The surtax increases the 13.16% tax rate to 20.53% (13.16% x 1.56).
Surtaxes are calculated before deducting dividend tax credits.
Ontario Basic Personal Amount
2024 Personal Amount 2024 Tax Rate 2023 Personal Amount 2023 Tax Rate
$12,399 5.05% $11,865 5.05%
Federal Basic Personal Amount
2024 Personal Amount Minimum / Maximum 2024 Tax Rate 2023 Personal Amount Minimum / Maximum 2023 Tax Rate
$14,156 $15,705 15% $13,520 $15,000 15%

Nova Scotia 2024 & 2023 Tax Rates & Tax Brackets

Nova Scotia Tax Rates
2024 Taxable Income 2024 Tax Rates 2023 Taxable Income 2023 Tax Rates
first $29,590 8.79% first $29,590 8.79%
over $29,590 up to $59,180 14.95% over $29,590 up to $59,180 14.95%
over $59,180 up to $93,000 16.67% over $59,180 up to $93,000 16.67%
over $93,000 up to $150,000 17.50% over $93,000 up to $150,000 17.50%
over $150,000 21.00% over $150,000 21.00%
Combined Federal & Nova Scotia Tax Brackets and Tax Rates
2024 Taxable Income NS 2024 Marginal Tax Rates 2023 Taxable Income NS 2023 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $25,000 23.79% 11.90% -0.11% 13.54% first $25,000 23.79% 11.90% -0.11% 13.54%
over $25,000 up to $29,590 24.32% 12.16% 0.62% 14.14% over $25,000 up to $29,590 24.32% 12.16% 0.62% 14.14%
over $29,590 up to $55,867 30.48% 15.24% 9.12% 21.23% over $29,590 up to $53,359 30.48% 15.24% 9.12% 21.23%
over $55,867 up to $59,180 35.98% 17.99% 16.71% 27.55% over $53,359 up to $59,180 35.98% 17.99% 16.71% 27.55%
over $59,180 up to $74,999 37.70% 18.85% 19.09% 29.53% over $59,180 up to $74,999 37.70% 18.85% 19.09% 29.53%
over $74,999 up to $93,000 37.17% 18.59% 18.35% 28.92% over $74,999 up to $93,000 37.17% 18.59% 18.35% 28.92%
over $93,000 up to $111,733 38.00% 19.00% 19.50% 29.88% over $93,000 up to $106,717 38.00% 19.00% 19.50% 29.88%
over $111,733 up to $150,000 43.50% 21.75% 27.09% 36.20% over $106,717 up to $150,000 43.50% 21.75% 27.09% 36.20%
over $150,000 up to $173,205 47.00% 23.50% 31.92% 40.23% over $150,000 up to $165,430 47.00% 23.50% 31.92% 40.23%
over $173,205 up to $246,752 50.32% 25.16% 36.50% 44.05% over $165,430 up to $235,675 50.32% 25.16% 36.50% 44.05%
over $246,752 54.00% 27.00% 41.58% 48.28% over $235,675 54.00% 27.00% 41.58% 48.28%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up taxable amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 15%.
Nova Scotia Basic Personal Amount
2024 Personal Amoun t 2024 Tax Rate 2023 Personal Amoun t 2023 Tax Rate
$8,481 8.79% $8,481 8.79%
Federal Basic Personal Amount
2024 Personal Amount Minimum / Maximum 2024 Tax Rate 2023 Personal Amount Minimum / Maximum 2023 Tax Rate
$14,156 $15,705 15% $13,520 $15,000 15%

Newfoundland & Labrador 2024 & 2023 Tax Rates & Tax Brackets

Newfoundland & Labrador Tax Rates
2024 Taxable Income 2024 Tax Rates 2023 Taxable Income 2023 Tax Rates
first $43,198 8.7% first $41,457 8.7%
over $43,198 up to $86,395 14.5% over $41,457 up to $82,913 14.5%
over $86,395 up to $154,244 15.8% over $82,913 up to $148,027 15.8%
over $154,244 up to $215,943 17.8% over $148,027 up to $207,239 17.8%
over $215,943 up to $275,870 19.8% over $207,239 up to $264,750 19.8%
over $275,870 up to $551,739 20.8% over $264,750 up to $529,500 20.8%
over $551,739 up to $1,103,478 21.3% over $529,500 up to $1,059,000 21.3%
over $1,103,478 21.8% over $1,059,000 21.8%
Combined Federal & Newfoundland & Labrador Tax Brackets and Tax Rates
2024 Taxable Income NL 2024 Marginal Tax Rates 2023 Taxable Income NL 2023 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $43,198 23.70% 11.85% 3.28% 13.19% first $41,457 23.70% 11.85% 3.28% 13.19%
over $43,198 up to $55,867 29.50% 14.75% 11.29% 19.86% over $41,457 up to $53,359 29.50% 14.75% 11.29% 19.86%
over $55,867 up to $86,395 35.00% 17.50% 18.88% 26.19% over $53,359 up to $82,913 35.00% 17.50% 18.88% 26.19%
over $86,395 up to $111,733 36.30% 18.15% 20.67% 27.68% over $82,913 up to $106,717 36.30% 18.15% 20.67% 27.68%
over $111,733 up to $154,244 41.80% 20.90% 28.26% 34.01% over $106,717 up to $148,027 41.80% 20.90% 28.26% 34.01%
over $154,244 up to $173,205 43.80% 21.90% 31.02% 36.31% over $148,027 up to $165,430 43.80% 21.90% 31.02% 36.31%
over $173,205 up to $215,943 47.12% 23.56% 35.60% 40.13% over $165,430 up to $207,239 47.12% 23.56% 35.60% 40.13%
over $215,943 up to $246,752 49.12% 24.56% 38.36% 42.43% over $207,239 up to $235,675 49.12% 24.56% 38.36% 42.43%
over $246,752 up to $275,870 52.80% 26.40% 43.44% 46.66% over $235,675 up to $264,750 52.80% 26.40% 43.44% 46.66%
over $275,870 up to $551,739 53.80% 26.90% 44.82% 47.81% over $264,750 up to $529,500 53.80% 26.90% 44.82% 47.81%
over $551,739 up to $1,103,478 54.30% 27.15% 45.51% 48.38% over $529,500 up to $1,059,000 54.30% 27.15% 45.51% 48.38%
over $1,103,478 54.80% 27.40% 46.20% 48.96% over $1,059,000 54.80% 27.40% 46.20% 48.96%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up taxable amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 15%.
Newfoundland & Labrador Basic Personal Amount
2024 Personal Amount 2024 Tax Rate 2023 Personal Amount 2023 Tax Rate
$10,818 8.7% $10,382 8.7%
Federal Basic Personal Amount
2024 Personal Amount Minimum / Maximum 2024 Tax Rate 2023 Personal Amount Minimum / Maximum 2023 Tax Rate
$14,156 $15,705 15% $13,520 $15,000 15%

New Brunswick 2024 and 2023 Tax Rates & Tax Brackets

New Brunswick Tax Rates
2024 Taxable Income 2024 Tax Rates 2023 Taxable Income 2023 Tax Rates
first $49,958 9.4% first $47,715 9.4%
over $49,958 up to $99,916 14.0% over $47,715 up to $95,431 14.0%
over $99,916 up to $185,064 16.0% over $95,431 up to $176,756 16.0%
over $185,064 19.5% over $176,756 19.5%
Combined Federal & New Brunswick Tax Brackets and Tax Rates
2024 Taxable Income NB 2024 Marginal Tax Rates 2023 Taxable Income NB 2023 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $49,958 24.40% 12.20% -6.38% 14.51% first $47,715 24.40% 12.20% -6.38% 14.51%
over $49,958 up to $55,867 29.00% 14.50% -0.03% 19.80% over $47,715 up to $53,359 29.00% 14.50% -0.03% 19.80%
over $55,867 up to $99,916 34.50% 17.25% 7.56% 26.13% over $53,359 up to $95,431 34.50% 17.25% 7.56% 26.13%
over $99,916 up to $111,733 36.50% 18.25% 10.32% 28.43% over $95,431 up to $106,717 36.50% 18.25% 10.32% 28.43%
over $111,733 up to $173,205 42.00% 21.00% 17.91% 34.75% over $106,717 up to $165,430 42.00% 21.00% 17.91% 34.75%
over $173,205 up to $185,064 45.32% 22.66% 22.49% 38.57% over $165,430 up to $176,756 45.32% 22.66% 22.49% 38.57%
over $185,064 up to $246,752 48.82% 24.41% 27.32% 42.60% over $176,756 up to $235,675 48.82% 24.41% 27.32% 42.60%
over $246,752 52.50% 26.25% 32.40% 46.83% over $235,675 52.50% 26.25% 32.40% 46.83%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up taxable amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 15%.
New Brunswick Basic Personal Amount
2024 Personal Amount 2024 Tax Rate 2023 Personal Amount 2023 Tax Rate
$13,044 9.40% $12,458 9.40%
Federal Basic Personal Amount
2024 Personal Amount Minimum / Maximum 2024 Tax Rate 2023 Personal Amount Minimum / Maximum 2023 Tax Rate
$14,156 $15,705 15% $13,520 $15,000 15%
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