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Quebec 2014 and 2013 Personal Tax Rates

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Quebec
Tax Rates - 2013 and 2014 Marginal Tax Rates -> Quebec Personal Income Tax Rates

Quebec 2013 and 2014 Personal Marginal Income Tax Rates

The Quebec tax brackets and personal amount were increased for 2014 by an indexation factor of 1.0097.  Quebec's indexation factor is calculated using the consumer price index (CPI) without alcoholic beverages and tobacco products.  The Federal tax brackets and personal amount were increased for 2014 by an indexation factor of 1.009.  The Quebec rate change for the non-eligible dividend tax credit in 2014 is used to calculate the rates in the table.

The tax rates below include the reduction in rate due to the federal tax abatement of 16.5% of federal tax.  However, this abatement is applied to the net federal tax after deducting the basic personal amount.  For this reason, the federal personal amount tax credit is also reduced by 16.5%, which is not reflected below.

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

Quebec (QC)
Personal Income Tax Brackets and Tax Rates Before Federal Tax Abatement

2014 Taxable Income   2014 Tax Rates 2013 Taxable Income   2013 Tax Rates
first $41,495 16.00% first $41,095 16.00%
over $41,495 up to $82,985 20.00% over $41,095 up to $82,190 20.00%
over $82,985 up to $100,970 24.00% over $82,190 up to $100,000 24.00%
over $100,970 25.75% over $100,000 25.75%

Quebec (QC)
Combined Federal & Provincial Tax Brackets and Tax Rates Net of Federal Tax Abatement

2014 Taxable Income   2014 Marginal Tax Rates 2013 Taxable Income   2013 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 $41,495 28.53% 14.26% 5.64% 14.49% first $41,095 28.53% 14.26% 5.64% 11.74%
over $41,495 up to $43,953 32.53% 16.26% 11.16% 19.21% over $41,095 up to $43,561 32.53% 16.26% 11.16% 16.74%
over $43,953 up to $82,985 38.37% 19.19% 19.22% 26.10% over $43,561 up to $82,190 38.37% 19.19% 19.22% 24.05%
over $82,985 up to $87,907 42.37% 21.19% 24.74% 30.82% over $82,190 up to $87,123 42.37% 21.19% 24.74% 29.05%
over $87,907 up to $100,970 45.71% 22.86% 29.35% 34.76% over $87,123 up to $100,000 45.71% 22.86% 29.35% 33.22%
over $100,970 up to $136,270 47.46% 23.73% 31.77% 36.83% over $100,000 up to $135,054 47.46% 23.73% 31.77% 35.41%
over $136,270 49.97% 24.98% 35.22% 39.78% over $135,054 49.97% 24.98% 35.22% 38.54%

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).
Note:  Gross-up rate for non-eligible dividends is 18% in 2014, 25% in 2013.
QC modified their tax credit rate for 2014 for these dividends.  See QC non-eligible dividend tax credit.
It is not known at this time if the new Liberal government will change the dividend tax credit rate.

QC Basic Personal Amount
2014 Tax Rate 2013 Tax Rate
$11,305 20.00% $11,195 20.00%
Federal Basic Personal Amount
2014 Tax Rate 2013 Tax Rate
$11,138 15.00% $11,038 15.00%

 

Revised: September 20, 2017

 

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