TaxTips.ca
Canadian Tax and
Financial Information
Atlantic Provinces 2009 and 2010 Personal Tax Rates

Ads keep this website free for you.
TaxTips.ca does not research or endorse any product or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

Looking for US tax information?
See
USTaxTips.net

Need an accounting, tax or financial advisor? Look in our Directory.      Stay Connected with TaxTips.ca!

Home
What's New
Calculators
Personal Tax
Business
Sales Taxes
Free in 30!
Financial Planning
RRSP RRIF TFSA
Real Estate
Stocks Bonds etc.
Seniors
Disabilities
Canada
Alberta
British Columbia
Manitoba
Ontario
Quebec
Saskatchewan
Atlantic Provinces
Territories
Federal Budget
Provincial Budgets
Statistics etc.
Glossary
Site Map
Directory
Advertise With Us
Contact Us/About Us
Links & Resources

Tax Rates - 2009 and 2010 Tax Rates -> New Brunswick, Newfoundland & Labrador, Nova Scotia and Prince Edward Island 2009 and 2010 Personal Income Tax Rates

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

New Brunswick (NB)
Personal Income Tax Brackets and Rates
2010 Taxable Income   2010 Tax Rates 2009 Taxable Income  2009 Tax Rates
first $36,421 9.30% first $35,707 9.65%
over $36,421 up to $72,843 12.50% over $35,707 up to $71,415 14.50%
over $72,843 up to $118,427 13.30% over $71,415 up to $116,105 16.00%
over $118,427 14.30% over $116,105 17.00%
New Brunswick (NB)
combined federal & provincial tax rates
2010 Taxable Income   2010 Marginal Tax Rates 2009 Taxable Income  2009 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible
Dividends
Small
Business
Dividends
Eligible
Dividends
Small
Business
Dividends
first $36,421 24.30% 12.15% -8.17% 7.08% first $35,707 24.65% 12.33% -9.16% 7.52%
over $36,421 up to $40,970 27.50% 13.75% -3.56% 11.08% over $35,707 up to $40,726 29.50% 14.75% -2.13% 13.58%
over $40,970 up to $72,843 34.50% 17.25% 6.52% 19.83% over $40,726 up to $71,415 36.50% 18.25% 8.02% 22.33%
over $72,843 up to $81,941 35.30% 17.65% 7.67% 20.83% over $71,415 up to $81,452 38.00% 19.00% 10.20% 24.21%
over $81,941 up to $118,427 39.30% 19.65% 13.43% 25.83% over $81,452 up to $116,105 42.00% 21.00% 16.00% 29.21%
over $118,427 up to $127,021 40.30% 20.15% 14.87% 27.08% over $116,105 up to $126,264 43.00% 21.50% 17.45% 30.46%
over $127,021 43.30% 21.65% 19.19% 30.83% over $126,264 46.00% 23.00% 21.80% 34.21%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount).
NB Basic Personal Amount
2010 Tax Rate 2009 Tax Rate
$8,777 9.30% $8,605 9.65%
Federal Basic Personal Amount
2010 Tax Rate 2009 Tax Rate
$10,382 15.00% $10,320 15.00%
 
Newfoundland & Labrador (NL)
Personal Income Tax Brackets and Rates
2010 Taxable Income   2010 Tax Rates 2009 Taxable Income  2009 Tax Rates
first $31,278 7.70% first $31,061 7.70%
over $31,278 up to $62,556 12.65% over $31,061 up to $62,121 12.80%
over $62,556 14.40% over $62,121 15.50%

2010 tax rates for 2 highest brackets reflect the average rate for 2010.  Rates decreased July 1, 2010.

Newfoundland & Labrador (NL)
combined federal & provincial tax rates
2010 Taxable Income   2010 Marginal Tax Rates 2009 Taxable Income  2009 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible
Dividends
Small
Business
Dividends
Eligible
Dividends
Small
Business
Dividends
first $31,278 22.70% 11.35% -9.03% 5.46% first $31,061 22.70% 11.35% -8.72% 5.46%
over $31,278 up to $40,970 27.65% 13.83% -1.91% 11.65% over $31,061 up to $40,726 27.80% 13.90% -1.33% 11.83%
over $40,970 up to $62,556 34.65% 17.33% 8.17% 20.40% over $40,726 up to $62,121 34.80% 17.40% 8.82% 20.58%
over $62,556 up to $81,941 36.40% 18.20% 10.69% 22.58% over $62,121 up to $81,452 37.50% 18.75% 12.74% 23.96%
over $81,941 up to $127,021 40.40% 20.20% 16.45% 27.58% over $81,452 up to $126,264 41.50% 20.75% 18.54% 28.96%
over $127,021 43.40% 21.70% 20.77% 31.33% over $126,264 44.50% 22.25% 22.89% 32.71%

Above rates reflect changes from NL 2010 Budget.  The 2010 Eligible Dividends rate is for dividends received after June 30, 2010.  For eligible dividends received from January to June 2010, the marginal tax rate is approximately 2% higher (-7.02%, 0.11%, 10.19%, 12.71%, 18.47%, 22.79%)

Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount).

NL Basic Personal Amount
2010 Tax Rate 2009 Tax Rate
$7,833 7.70% $7,778 7.70%
Federal Basic Personal Amount
2010 Tax Rate 2009 Tax Rate
$10,382 15.00% $10,320 15.00%
 
Nova Scotia (NS)
Personal Income Tax Brackets and Rates Before Surtax
2010 Taxable Income   2010 Tax Rates 2009 Taxable Income  2009 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 17.50%
over $150,000 21.00%

In 2009 a surtax applies to NS tax over $10,000

Nova Scotia (NS)
combined federal & provincial tax rates including surtax
2010 Taxable Income   2010 Marginal Tax Rates 2009 Taxable Income  2009 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible
Dividends
Small
Business
Dividends
Eligible
Dividends
Small
Business
Dividends
first $29,590 23.79% 11.90% -4.17% 3.45% first $29,590 23.79% 11.90% -5.84% 3.45%
over $29,590 up to $40,970 29.95% 14.98% 4.70% 11.15% over $29,590 up to $40,726 29.95% 14.98% 3.09% 11.15%
over $40,970 up to $59,180 36.95% 18.48% 14.78% 19.90% over $40,726 up to $59,180 36.95% 18.48% 13.25% 19.90%
over $59,180 up to $81,941 38.67% 19.34% 17.25% 22.05% over $59,180 up to $81,236 38.67% 19.34% 15.74% 22.05%
over $81,941 up to $93,000 42.67% 21.34% 23.01% 27.05% over $81,236 up to $81,452 40.34% 20.17% 16.87% 23.17%
over $93,000 up to $127,021 43.50% 21.75% 24.21% 28.08% over $81,452 up to $93,000 44.34% 22.17% 22.67% 28.17%
over $127,021 up to $150,000 46.50% 23.25% 28.53% 31.83% over $93,000 up to $126,264 45.25% 22.63% 24.00% 29.31%
over $150,000 50.00% 25.00% 33.57% 36.21% over $126,264 48.25% 24.13% 28.35% 33.06%

2010 tax rates reflect changes as per the NS 2010 Budget.

Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount).

NS Surtax

The NS surtax is eliminated effective January 1, 2010

2009
NS surtax rate (included in all above rates) 10%
Surtax is on NS tax greater than $ 10,000
Person with only basic personal amount - surtax starts at taxable income of $ 81,236
NS Basic Personal Amount
2010 Tax Rate 2009 Tax Rate
$8,231 8.79% $7,981 8.79%
Federal Basic Personal Amount
2010 Tax Rate 2009 Tax Rate
$10,382 15.00% $10,320 15.00%
 
Prince Edward Island (PE)
Personal Income Tax Brackets and Rates Before Surtax
2010 Taxable Income   2010 Tax Rates 2009 Taxable Income  2009 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 rates including surtax
2010 Taxable Income   2010 Marginal Tax Rates 2009 Taxable Income  2009 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible
Dividends(1)
Small
Business
Dividends
Eligible
Dividends
Small
Business
Dividends
first $31,984 24.80% 12.40% -5.29% 11.71% first $31,984 24.80% 12.40% -6.77% 10.33%
over $31,984 up to $40,970 28.80% 14.40% 0.47% 16.71% over $31,984 up to $40,726 28.80% 14.40% -0.97% 15.33%
over $40,970 up to $63,969 35.80% 17.90% 10.55% 25.46% over $40,726 up to $63,969 35.80% 17.90% 9.18% 24.08%
over $63,969 up to $81,941 38.70% 19.35% 14.73% 29.08% over $63,969 up to $81,452 38.70% 19.35% 13.39% 27.71%
over $81,941 up to $98,143 42.70% 21.35% 20.49% 34.08% over $81,452 up to $98,143 42.70% 21.35% 19.19% 32.71%
over $98,143 up to $127,021 44.37% 22.19% 21.38% 35.91% over $98,143 up to $126,264 44.37% 22.19% 20.09% 34.40%
over $127,021 47.37% 23.69% 25.70% 39.66% over $126,264 47.37% 23.69% 24.44% 38.15%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount).
PE Surtax
2010 2009
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 $ 98,143 Person with only basic personal amount - surtax starts at taxable income of $ 98,143
PE Basic Personal Amount
2010 Tax Rate 2009 Tax Rate
$7,708 9.80% $7,708 9.80%
Federal Basic Personal Amount
2010 Tax Rate 2009 Tax Rate
$10,382 15.00% $10,320 15.00%
 

(1)  PEI dividend tax credit rate for eligible dividends revised by Bill 26, Income Tax (Dividend Tax Credits) Amendment Act in December 2010.

Revised: September 20, 2017

 

Copyright © 2002 - 2017 Boat Harbour Investments Ltd. All Rights Reserved  See Reproduction of information from TaxTips.ca

Facebook  | Twitter  |  Google + |  Monthly Newsletter Sign-up  What’s New E-mail Notification RSS News Feed
The information on this site is not intended to be a substitute for professional advice.  Each person's situation differs, and a professional advisor can assist you in using the information on this web site to your best advantage. 
Please see our legal disclaimer regarding the use of information on our site, and our Privacy Policy regarding information that may be collected from visitors to our site.