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The Manitoba brackets
for 2024 were announced in the Manitoba
2023 Budget, and will be indexed starting in 2025. The basic
personal amount is increased for 2024 by an indexation
factor of 1.052 (5.2% increase). Manitoba does not increase other
personal tax credit amounts for indexation.
The Federal tax brackets and personal tax credit amounts are increased for 2024 by an indexation factor of
1.047 (4.7% increase).
The indexation factors, tax brackets and tax rates for 2024 have been confirmed to Canada Revenue Agency
information.
Tax Tip: read the article
Understanding the Tables of Personal Income Tax Rates,
especially if you are trying to compare the rates below to the marginal tax
rates in the Basic Tax Calculator or the Detailed Tax Calculators.
TaxTips.ca - Manitoba Tax Rates
2024
Taxable Income
2024
Tax Rates
2023
Taxable Income
2023
Tax Rates
first $47,000
10.80%
first $36,842
10.80%
over $47,000 up to $100,000
12.75%
over $36,842 up to $79,625
12.75%
over $100,000
17.40%
over $79,625
17.40%
TaxTips.ca - Combined Federal
& Manitoba Tax Brackets and Tax Rates
(1) See the federal
tax rates page for information on the enhanced federal
personal amount, which increases the marginal tax rates for taxable incomes in
the second highest federal tax bracket. The
marginal tax rates in blue above have been adjusted to reflect these changes.
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