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Quebec   ->   Tax Rates   ->   2014 and 2015 Marginal Tax Rates -> Quebec Personal Income Tax Rates

Quebec 2014 and 2015 Personal Marginal Income Tax Rates

The Quebec tax brackets and personal amount were increased for 2015 by an indexation factor of 1.0106.  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 2015 by an indexation factor of 1.017, and the federal amounts been confirmed.  The Quebec factor and amounts have been confirmed, with no adjustments necessary.

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 Personal Income Tax Brackets and Tax Rates

2015 Taxable Income 2015 Tax Rates 2014 Taxable Income 2014 Tax Rates
first $41,935 16.00% first $41,495 16.00%
over $41,935 up to $83,865 20.00% over $41,495 up to $82,985 20.00%
over $83,865 up to $102,040 24.00% over $82,985 up to $100,970 24.00%
over $102,040 25.75% over $100,970 25.75%

Combined Federal & Quebec Tax Brackets and Tax Rates

2015 Taxable Income 2015 Marginal Tax Rates 2014 Taxable Income 2014 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $41,935 28.53% 14.26% 5.64% 14.49% first $41,495 28.53% 14.26% 5.64% 14.49%
over $41,935 up to $44,701 32.53% 16.26% 11.16% 19.21% over $41,495 up to $43,953 32.53% 16.26% 11.16% 19.21%
over $44,701 up to $83,865 38.37% 19.19% 19.22% 26.10% over $43,953 up to $82,985 38.37% 19.19% 19.22% 26.10%
over $83,865 up to $89,401 42.37% 21.19% 24.74% 30.82% over $82,985 up to $87,907 42.37% 21.19% 24.74% 30.82%
over $89,401 up to $102,040 45.71% 22.86% 29.35% 34.76% over $87,907 up to $100,970 45.71% 22.86% 29.35% 34.76%
over $102,040 up to $138,586 47.46% 23.73% 31.77% 36.83% over $100,970 up to $136,270 47.46% 23.73% 31.77% 36.83%
over $138,586 49.97% 24.98% 35.22% 39.78% over $136,270 49.97% 24.98% 35.22% 39.78%

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 18% in 2015 and 2014.
For more information see Quebec dividend tax credits.

Quebec Basic Personal Amount

2015 Tax Rate 2014 Tax Rate
$11,425 20% $11,305 20%

Federal Basic Personal Amount

2015 Tax Rate 2014 Tax Rate
$11,327 15% $11,138 15%

Revised: October 26, 2023

 

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