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Atlantic Provinces 2013 and 2012 Personal Tax Rates

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Atlantic Provinces
Tax Rates - 2012 and 2013 Marginal Tax Rates -> New Brunswick, Newfoundland & Labrador, Nova Scotia and Prince Edward Island Personal Income Tax Rates

Atlantic Provinces 2013 and 2012 Personal Marginal Income Tax Rates

Please read the article Understanding the Tables of Personal Income Tax Rates.

New Brunswick 2013 and 2012 Marginal Tax Rates

New Brunswick (NB)
Personal Income Tax Brackets and Tax Rates

2013 Taxable Income   2013 Tax Rates 2012 Taxable Income   2012 Tax Rates
first $38,954 9.39% first $38,190 9.10%
over $38,954 up to $77,908 13.46% over $38,190 up to $76,380 12.10%
over $77,908 up to $126,662 14.46% over $76,380 up to $124,178 12.40%
over $126,662 16.07% over $124,178 14.30%

New Brunswick (NB)
Combined Federal & Provincial Tax Brackets and Tax Rates

2013 Taxable Income   2013 Marginal Tax Rates 2012 Taxable Income   2012 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible
Dividends
Non-Eligible
Dividends
Eligible
Dividends
Non-Eligible
Dividends
first $38,954 24.39% 12.20% -3.63% 7.20% first $38,190 24.10% 12.05% -4.03% 6.83%
over $38,954 up to $43,561 28.46% 14.23% 1.99% 12.28% over $38,190 up to $42,707 27.10% 13.55% 0.11% 10.58%
over $43,561 up to $77,908 35.46% 17.73% 11.65% 21.03% over $42,707 up to $76,380 34.10% 17.05% 9.77% 19.33%
over $77,908 up to $87,123 36.46% 18.23% 13.03% 22.28% over $76,380 up to $85,414 34.40% 17.20% 10.18% 19.71%
over $87,123 up to $126,662 40.46% 20.23% 18.55% 27.28% over $85,414 up to $124,178 38.40% 19.20% 15.70% 24.71%
over $126,662 up to $135,054 42.07% 21.04% 20.77% 29.30% over $124,178 up to $132,406 40.30% 20.15% 18.33% 27.08%
over $135,054 45.07% 22.54% 24.91% 33.05% over $132,406 43.30% 21.65% 22.47% 30.83%

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).

NB Basic Personal Amount
2013 Tax Rate 2012 Tax Rate
$9,388 9.39% $9,203 9.10%
Federal Basic Personal Amount
2013 Tax Rate 2012 Tax Rate
$11,038 15.00% $10,822 15.00%

The NB and Federal tax brackets and personal amounts were increased for 2013 by an indexation factor of 1.020.

The New Brunswick 2013 budget announced that tax rates would be increased to the same as they were in 2006, effective July 1, 2013.  The 2013 rates above are the averages of the rates for the first 6 months of the year and the rates for the last 6 months of the year, and will be the rates used when 2013 income tax returns are filed.

Newfoundland & Labrador 2013 and 2012 Marginal Tax Rates

Newfoundland & Labrador (NL)
Personal Income Tax Brackets and Tax Rates

2013 Taxable Income   2013 Tax Rates 2012 Taxable Income   2012 Tax Rates
first $33,748 7.70% first $32,893 7.70%
over $33,748 up to $67,496 12.50% over $32,893 up to $65,785 12.50%
over $67,496 13.30% over $65,785 13.30%

Newfoundland & Labrador (NL)
Combined Federal & Provincial Tax Brackets and Tax Rates

2013 Taxable Income   2013 Marginal Tax Rates 2012 Taxable Income   2012 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible
Dividends
Non-Eligible
Dividends
Eligible
Dividends
Non-Eligible
Dividends
first $33,748 22.70% 11.35% -4.58% 5.46% first $32,893 22.70% 11.35% -4.58% 5.46%
over $33,748 up to $43,561 27.50% 13.75% 2.04% 11.46% over $32,893 up to $42,707 27.50% 13.75% 2.04% 11.46%
over $43,561 up to $67,496 34.50% 17.25% 11.70% 20.21% over $42,707 up to $65,785 34.50% 17.25% 11.70% 20.21%
over $67,496 up to $87,123 35.30% 17.65% 12.81% 21.21% over $65,785 up to $85,414 35.30% 17.65% 12.81% 21.21%
over $87,123 up to $135,054 39.30% 19.65% 18.33% 26.21% over $85,414 up to $132,406 39.30% 19.65% 18.33% 26.21%
over $135,054 42.30% 21.15% 22.47% 29.96% over $132,406 42.30% 21.15% 22.47% 29.96%

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).

NL Basic Personal Amount
2013  Tax Rate 2012  Tax Rate
$8,451 7.70% $8,237 7.70%
Federal Basic Personal Amount
2013  Tax Rate 2012  Tax Rate
$11,038 15.00% $10,822 15.00%

The NL tax brackets and personal amount were increased for 2013 by an indexation factor of 1.026.  The Federal tax brackets and personal amount were increased for 2013 by an indexation factor of 1.020.

 

Nova Scotia 2013 and 2012 Marginal Tax Rates

Nova Scotia (NS)
Personal Income Tax Brackets and Tax Rates

2013 Taxable Income   2013 Tax Rates 2012 Taxable Income   2012 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%

Nova Scotia (NS)
Combined Federal & Provincial Tax Brackets and Tax Rates

2013 Taxable Income   2013 Marginal Tax Rates 2012 Taxable Income   2012 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible
Dividends
Non-Eligible
Dividends
Eligible
Dividends
Non-Eligible
Dividends
first $29,590 23.79% 11.90% -0.11% 3.45% first $29,590 23.79% 11.90% -0.11% 3.45%
over $29,590 up to $43,561 29.95% 14.98% 8.39% 11.15% over $29,590 up to $42,707 29.95% 14.98% 8.39% 11.15%
over $43,561 up to $59,180 36.95% 18.48% 18.05% 19.90% over $42,707 up to $59,180 36.95% 18.48% 18.05% 19.90%
over $59,180 up to $87,123 38.67% 19.34% 20.42% 22.05% over $59,180 up to $85,414 38.67% 19.34% 20.42% 22.05%
over $87,123 up to $93,000 42.67% 21.34% 25.94% 27.05% over $85,414 up to $93,000 42.67% 21.34% 25.94% 27.05%
over $93,000 up to $135,054 43.50% 21.75% 27.09% 28.08% over $93,000 up to $132,406 43.50% 21.75% 27.09% 28.08%
over $135,054 up to $150,000 46.50% 23.25% 31.23% 31.83% over $132,406 up to $150,000 46.50% 23.25% 31.23% 31.83%
over $150,000 50.00% 25.00% 36.06% 36.21% over $150,000 50.00% 25.00% 36.06% 36.21%

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).

NS Basic Personal Amount
2013  Tax Rate 2012  Tax Rate
$8,481 8.79% $8,481 8.79%
Federal Basic Personal Amount
2013  Tax Rate 2012  Tax Rate
$11,038 15.00% $10,822 15.00%
 

The NS tax brackets are not increased for inflation.  The Federal tax brackets and personal amount were increased for 2013 by an indexation factor of 1.02.

 

Prince Edward Island 2013 and 2012 Marginal Tax Rates

Prince Edward Island (PE)
Personal Income Tax Brackets and Rates Before Surtax

2013 Taxable Income   2013 Tax Rates 2012 Taxable Income   2012 Tax Rates
first $31,984 9.80% first $31,984 9.80%
over $31,984 up to $63,969 13.80% over $31,984 up to $63,969 13.80%
over $63,969 16.70% over $63,969 16.70%

Prince Edward Island (PE)
Combined Federal & Provincial Tax Brackets and Tax Rates Including Surtax

2013 Taxable Income   2013 Marginal Tax Rates 2012 Taxable Income   2012 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible
Dividends
Non-Eligible
Dividends
Eligible
Dividends
Non-Eligible
Dividends
first $31,984 24.80% 12.40% -0.99% 10.71% first $31,984 24.80% 12.40% -0.99% 13.08%
over $31,984 up to $43,561 28.80% 14.40% 4.53% 15.71% over $31,984 up to $42,707 28.80% 14.40% 4.53% 18.08%
over $43,561 up to $63,969 35.80% 17.90% 14.19% 24.46% over $42,707 up to $63,969 35.80% 17.90% 14.19% 26.83%
over $63,969 up to $87,123 38.70% 19.35% 18.19% 28.08% over $63,969 up to $85,414 38.70% 19.35% 18.19% 30.46%
over $87,123 up to $98,145 42.70% 21.35% 23.71% 33.08% over $85,414 up to $98,145 42.70% 21.35% 23.71% 35.46%
over $98,145 up to $135,054 44.37% 22.19% 24.56% 34.81% over $98,145 up to $132,406 44.37% 22.19% 24.56% 37.42%
over $135,054 47.37% 23.69% 28.70% 38.56% over $132,406 47.37% 23.69% 28.70% 41.17%

The rate for non-eligible dividends reflects the increase in the dividend tax credit rate from PE 2013 Budget.
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).

PE Surtax
2013  2012 
PE surtax rate (included in all above rates) 10% PE surtax rate (included in all above rates) 10%
Surtax is on PE tax greater than $ 12,500 Surtax is on PE tax greater than $ 12,500
Person with only basic personal amount - surtax starts at taxable income of $ 98,145 Person with only basic personal amount - surtax starts at taxable income of $ 98,145
PE Basic Personal Amount
2013  Tax Rate 2012  Tax Rate
$7,708 9.80% $7,708 9.80%
Federal Basic Personal Amount
2013  Tax Rate 2012  Tax Rate
$11,038 15.00% $10,822 15.00%

The PE tax brackets and personal amount are not increased for inflation.  The Federal tax brackets and personal amount were increased for 2013 by an indexation factor of 1.02.

 

 

Revised: September 20, 2017

 

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